(Jag-U-Are, Rich Bitch Collection)
Hey Guys! I need you to do a little creative visualization for a moment!
Imagine you have a wife who cheats on you constantly, steals all your stuff, won’t let you touch her, and then has the gall to demand maintenance pay. Wait! There’s more! You don’t even get to divorce the bitch. You have to stay married to her and continue to give her money while she continues to shag the pool boy, rob you blind and fuck you over. WHY? Because she’s become “accustomed to the lifestyle,” and the government treats your money as if a significant portion of it were hers.
How would that make you feel? Kinda bad, yes?
Ladies, you do the same, plugging in whatever gender works for you. I actually know a woman whose unemployed husband demanded a huge chunk of her 401K when they divorced. They got married, he quit his job, and then left the marriage a year and a half later with a significant portion of her stuff, because she made more money than he did, because the whole time he was watching soap operas at home. She’s a little bitter about that.
The present plan to bail out Fannie Mae and Freddy Mac? Yeah, it’s like THAT.
“A capitalist in need is a socialist indeed.”
Most of us are under the mistaken assumption that the United States of America is a capitalist democracy. Well, it’s not. It’s a corporate oligarchy, with capitalism for the poor and socialism for the rich. How does it work? Oh that’s easy:
When we - you and I - fuck up our business and our finances, the bankers and the corporations take our stuff.
BUT . . .
When BANKERS and CORPORATIONS fuck up THEIR businesses and THEIR finances, the bankers and the corporations still take our stuff!
It’s a great system, if you’re a central banker or a corporatist multi-billionaire. Remember the S&L Crisis? The Bush family made a whole pile of money with that scam. This is how the wealth transfer (from us to them) is to work, AGAIN, with Fannie Mae and Freddie Mac: The U.S. Government plans to buy a huge interest in these failing banks using OUR MONEY. Our parents’ money. Our children’s money. Our grandchildren’s money.
Imagine that they raided your bank accounts and used it to buy stock in ENRON a month before the company’s systemic collapse. Then Talking Heads on the boob tube said “ENRON is critical to the stability of our energy supply. It’s too big to fail.” You would have stormed the ENRON corporate offices to kick some corporatist ass. Am I right, or am I right?
Today we get some anti-bailout fussing from the smart people who know they’re about to get fleeced, AGAIN. Then George Bush insults us further by saying “This is not a bailout.”
[squinting] “You see, [muffled snicker] it’s not a bail-out, [inappropriate smirk] because although the public will assume their debt, [momentary confusion] they’ll remain private corporations. It’s a sell-out! [giddy pride] [poked in back] I mean, it’s definitely not a bail-out. [satisfied nod] Now watch this drive.”
I say let them ALL fail. These are privately owned banks. They made bad business decisions, so they deserve to fail. Their stock prices NEED to go down. The banks NEED to restructure, and the banking executives NEED to be punished for being a bunch of greedy criminals. THAT’s capitalism. THAT’S the “free market economy.” Perhaps the U.S. ought to try it sometime.
In the mean time, we get to support their lifestyles, and we don’t even get to divorce the bitches.
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