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We don't have a market anymore.  We have a welfare system for the rich.

We've had that for years now. what we now in addition is the blatant, in your face, acknowledgement of it, accompanied by the taunting "What are you going to do about it, suckers? We own you and we can take you down with us"...

And the Shock Doctrine in action.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Sat Sep 20th, 2008 at 05:51:23 AM EST
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But then there are assholes like me WHO HAVE NOTHING TO LOSE and would LOVE to see ... you know where THIS is going.

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Sat Sep 20th, 2008 at 05:59:16 AM EST
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And the Shock Doctrine in action.

That's the first thing that came to mind when Bush came out of his undisclosed location long enough to read a prepared statement about how this guvmint action is necessary to stave off even more dire consequences.  The fix is in.

The Associated Press: Bush to Congress: move fast on financial rescue

As negotiators from Congress and the White House worked feverishly through the weekend on a federal financial rescue package, President Bush asked lawmakers to look beyond partisanship and move quickly on the urgently needed measure.

Bush says U.S. financial rescue needed to prevent worse | Markets | Markets News | Reuters

"Further stress on our financial markets would cause massive job losses, devastate retirement accounts, further erode housing values, and dry up new loans for homes, cars and college tuitions."



We all bleed the same color.
by budr on Sat Sep 20th, 2008 at 12:34:30 PM EST
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Yup, it's the financial version of the Iraq invasion/occupation.  How long till we regret this one?  Any takers?

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Sat Sep 20th, 2008 at 02:57:36 PM EST
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Calculated Risk: Bailout Proposal
Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.


We all bleed the same color.
by budr on Sat Sep 20th, 2008 at 05:05:09 PM EST
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