Congratuations!
You're now part owner of thousands of condemned, derelict, abandoned, and foreclosed upon crack houses!
For the low, low, low price of $2,700.00 from every man, woman, and child, we have the privilege of bailing out dozens of incompetent, and often corrupt, mega-corporations. Of course, that $2,700.00 doesn't take into account that lots of people don't pay any tax at all (and therefore if you are an earner, your cost is much greater than $2,700.00) or the interest you'll be paying until the end of time, but heck what's another trillion dollars anyway. You could use that economic stimulus check you got to offset the cost, except that you probably used it up in increased fuel costs, and, in any event, that was just borrowed money too!
Will the corrupt lenders and government officials (on both sides of the aisle) who failed to foresee this problem and regulate against it pay any price? Not bloody likely! They'll just work out a trillion dollar bailout plan over a weekend and pass it within a week so no one has to deal with ugly little things like taking responsibility.
Am I saying that the government shouldn't push through the bailout? No. It's pretty clear we were headed for economic disaster of historic proportions if we let the market collapse. However, I don't have to like it.
Say hello to your new landlord. He'll loan you as much of your own money, obtained through selling you cheap products made with near-slave labor, as you need. Better brush up on your Mandarin comrade. 我们正在性交!
Stumble It!
