THE MADNESS OF THE BILLION DOLLAR BAILOUTS
9/17/08
I can not comprehend these multi billion dollar bailouts for the failed financial companies. The blank checks being written on the U.S Treasury is nothing short of criminal. I have no pity for AIG or Lehman Brothers or any other failed investment firm. These are the financial experts, these are the Wall Street geniuses that created the financial mess we are in now and they were greatly aided by the Bush Administration and the corrupt and complicit Congress. All are criminals of the highest order and should be imprisoned with life sentences. .
I was in the real estate and mortgage industry for 20 years. I witnessed the 250 billion dollar S&L bailouts in the 80″s caused in part by the Keating Five which John McCain was one of. I saw the creation of the Resolution Trust Corp and profited with other investors by government incompetence. . I saw the collapse of the market in the 80’s, again in the 90’s and now once again . It is no surprise to anyone who has seen it before that we are in a serious recession, brought on by insane banking practices and insane government leadership. It doesn’t take any great intelligence to see what is happening. G.W. Bush has had 4 different Treasury Secretaries in 8 years. None of them including the most current could understand or accept what the Bush Administration was doing to the U.S. economy. The Bush Administration conspired with the Republican controlled Congress to create the greatest bank heist in history, and to replace the stolen trillions of dollars taken from the American people with trillions of borrowed dollars from foreign countries with the American taxpayer as the borrower. It is absolute theft and corruption at the highest levels of government. Both McCain and Obama are part of the gang of 535 members of Congress who stole the money.
McCain has a net worth of 100 million dollars and began collecting 2000 dollars a month Social Security at age 65. Obama has a net worth of 4 million dollars and growing fast. His election coffers took in 66 million dollars in August alone and he just picked up another 9 million dollars Tuesday evening from Barbara Streisand at a Hollywood fund raiser. John McCain picked up a check for 5 million from wealthy investors and lobbyists in a Miami fund raiser on Monday of this week. The shameless greed of these Presidential Candidates is without peer or precedent.. What is most frightening is the insanity of the masses of Americans that are contributing to them..
I refuse to contribute to any political party or candidate. I refuse to be sucked into the black hole of corporate and government corruption and incompetence. I refuse to be assaulted and raped by these “mavericks” and marauders now plundering the entire wealth and treasure of the United States. I refuse to bend over and be brutally assaulted by every elected official and corporate CEO standing in line for their turn. I can’t imagine why millions of Americans are so eager to volunteer to be rape victims and are so willing to pay their assailants for the privilege.
L.A. STEEL
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