Friday, October 3, 2008
Oh the tangled web we weave. Before the announcement of whether the Big Bail Out Bill is passed or defeated (again), I think all Americans (and Canadians for that matter) should consider Mish Shedlock's statements:
Before we throw $700 billion down a black hole, someone ought to be asking how it will solve anything. Unfortunately the urge is for Congress to "do something quickly" because of the Bush, Bernanke, and Paulson statements scaring people to death with impending economic mushroom cloud warnings.
Not a single job will be created in the Paulson bail out plan, now renamed by the media as the "rescue plan". Close analysis shows the taxpayer was tossed the anchor in an attempt to give wall street the lifeboat.
Taxpayers of the world unite. With all of this bullsh*** being pandered, there is truly only one song that plays over and over again in my mind...(please turn your speakers up for this).