Just another Reality-based bubble in the foam of the multiverse.

Wednesday, November 03, 2010

the lunatics own more of the asylum

They haven't made off with it all, but you bet they're going to act like they did.

The $enate? Not the worst case scenario, but almost as bad: Reid the spineless casino shill remains in charge. Better than the asshat in charge of the House, better than the corrupt, sociopathic, psychotic and obtuse Angle, but corrupt and weak nonetheless.

Robert Scheer:

...Barack Obama deserved the rebuke he received at the polls for a failed economic policy that consisted of throwing trillions at Wall Street but getting nothing in return. His amen chorus in the media is quick to blame everyone but the president for his sharp reversal of fortunes. But it is not the fault of tea party Republicans that they responded to the rage out there over lost jobs and homes while the president remained indifferent to the many who are suffering.


At a time when, as a Washington Post poll reported last week, 53 percent of Americans fear they can’t make next month’s mortgage or rent payment, the president chirped inanely to Jon Stewart that his top economics adviser, Lawrence Summers, who was paid $8 million by Wall Street firms while advising candidate Obama, had done a “heckuva job” in helping avoid another Great Depression. What kind of consolation is that for the 50 million Americans who have lost their homes or are struggling to pay off mortgages that are “underwater”? The banks have been made whole by the Fed, providing virtually interest-free money while purchasing trillions of dollars of the banks’ toxic assets. Yet the financial industry response has been what Paul Volcker has called a “liquidity trap”—denying loans for business investment or the refinancing necessary to keep people in their homes...


While the One deserved the rebuke, we certainly don't deserve the asshat(s) now running Congress. You can only hope Barry O. resolves to show a little backbone- because otherwise Social Security is a gone. Unless, of course, that was an anticipated move in the n-dimensional chess game he's obsessed with, while Wall Street plays poker with your mortgage.

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