Handouts to Bankers, a Backhand to Detroit

Bailouts to Detroit: UnAmerikan sez Mittens.

Doing the Handout thing the way Darth Paulson did for his Goldman-$acks pals is beyond stupid, it's criminal. Hundreds of billions that were originally intended to fund lower interest loans to American businesses are being sat on by the banks, for use in mergers and acquisitions and pretty much whatever the CEOs want. Cushy hotels and doubtless high-priced hookers when the church ladies aren't looking.

This comes of giving them the money without any regulations.

If the banks could only have the bailout cash if they used it for loans !% above prime, you'd see the economic problems begin to evaporate everywhere.

It's not going to happen, even if the banks could pocket all of the low interest.

The current economic problems are social engineering of the Poppy Bush kind. The banks were giving a bailout slush fund, not just because Bu$hie's Ba$e comes first, but because the engineers of this situation suddenly found themselves swirling down the vortex like everyone else.

The Right Thinking people wanted to make sure they have their own. Which is why Paulson is sitting on a lot of the money and not letting his cronies use it for fall vacations. Like he says, economic recovery is not what it's for.

Which brings us to Mittens.

Detroit is in one pile of trouble of it's own making. The Romney family has been responsible for setting a lot of the policies that have caused this trouble. Mittens, like the rest of the Right Thinking people are more than happy to use this situation to torpedo the UAW and the rest of Michigan, too. After all, we're the bluest of blue states.

Not that a bailout of Detroit should be the same kind of handout Paulson gave Wall Street. Detroit has to change it's ways. But listen, campers, it isn't because a green automobile, or even a Detroit version of a Honda, would cost a couple of thousand more.

A Civic base model costs about $5,000 more than an Escort. People pay it gladly. Why?

The car runs forever and uses a fraction of the gasoline.

Mittens bemoaning the cost of American cars as the fault of the UAW is a straw man argument. In this case, the straw man, the UAW, is an entity Mittens and his friends would like to abolish completely.

It's part of their attempt at social engineering. In fact, that's really all this economic crisis is. It's not simple global mismanagement. It's global malmanagement, with the intent of eliminating the middle class and delivering all the money into the hands of people with the Right Stuff.