Don't worry, you can trust me. I'm not like the others.

Banned In China

Sunday, March 22, 2009

More of the Fucking Same

I couldn't think of a single funny thing.


So the best of the economists of the left, the ones who predicted the collapse, have jumped all over Obama's leaked (should that be in quotation marks?) new (that should definitely be in quotation marks) economic plan. For those who have been asleep for forty-eight hours, they panned it.

Basically, as I understand it we, through our rulers, by giving money to the people who originally screwed up will buy bad assets at way over the market prices and take the hit if they stay down, but not get the profit if they go up. That will be because we've loaned the money to these assholes to make the purchases, not made them ourselves.

It truly amazes me that these people (the ones running the companies, the ones making the trades, the ones who used to run the companies and now run the Treasury and government in general) seem to have absolutely not one second of self doubt. It was beyond their control, no one could have foreseen this problem (it doesn't matter that people did, of course)(including a Noble prize winner). It will correct with a "little" help from the government.

The government's position: It will all be over by next year. And when it isn't, it won't be the conservative assholes who get blamed.

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