The $700 Billion Bailout Bait and Switch

~~By American Lassie

In an earlier post, on November 4, 2008 before the Presidential race was called, I expressed a worry about where the $700 billion bail-out money was going. It didn’t seem to be going where we were told it was intended to go.

Now Republican Senator Jim Inhofe of Oklahoma is addressing this in same manner.  On Saturday, November 15, he said we should take back the remaining money given to Henry Paulson in that “blank check.”

First we were told it was to buy mortgage-backed securities.  Then Paulson shifted gears and said it was to use $250 billion to buy stakes in banks.  The “Troubled Asset Relief Program” (TARP) would enable ailing banks to start lending money again and thus boost the economy.

-No homeowner has yet been helped and foreclosures are multiplying.
-Senator Chris Dodd said Paulson’s actions are “beyond belief.”
-Paulson told Charlie Rose  – “The driver is to have healthy banks be well capitalized so they can play for our country right now.”
-Paulson diverted $250 billion to buy stakes in healthy banks to spur lending, but they are not doing this with the money.
-Charles Schumer, Democrat-NY, fears the banks might stuff the money “under the proverbial mattress”.  It appears this is exactly what they are doing.
-Treasury hired the Bank of New York Mellon Corp. as “custodian” of the TARP program.  They also picked Mellon to receive a $3 Billion investment as part of the Capital Infusion Program.

Heads should roll !!!  Greed, corruption, and incompetence – where does it end?
Martha Stewart was imprisoned for lying – but then, she is a woman. Administrators’ neglect brought on this crisis.  It has been coming on for some time.  There were ample warnings (Bush and McCain) but Congress did nothing.  Barney Frank, chairman of the House Financial Services Committee, is one of the prime culprits.  When warned about Fannie Mae he said there was no problem there.  At the time his live-in partner, Herb Moss, was an administrator at Fannie Mae.  Conflict of interest?  I’d say so, but to paraphrase Katie Couric, “Who am I to judge anyone?”

Now everybody wants a bail-out.  The auto industry appears to be next on the list and Governor Schwarzenegger of California thinks that his state should be bailed out because California has shown discipline. (This has nothing to do with the fire – this is another matter).  Give me a break – when has California shown any discipline?  And why should that entitle them to bail-out money from us tax payers in the rest of the country?  What’s next?  The health industry, the remaining 49 states?  (Except for Alaska which seems to be doing fine, thanks to a smart governor).  Next we will have government-owned 7-11 stores.

I’m with Jim Inhofe.  Let’s demand our money back. It’s our money and we didn’t agree to this giveaway.  In my opinions, bankers can’t be trusted.  Remember Mr. Potter in “It’s a Wonderful Life”?  Greedy, crooked, conniving piece of scum…

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Check out BailoutSleuth.com to keep up with the bailout developments and who’s getting what…

Only People With a Penis Need Apply

~~By kenosha Marge

Little boys growing up in the United States are told that they can grow up to be anything they want including President of the United States. Makes their little hearts swell with pride.

Little girls growing up in the United States told to sit down, shut up, act like a lady and get implants if your boobs aren’t big enough to attract the boob you want to attract. Now they will also be told to remember what happened to Hillary Clinton and Sarah Palin when they tried to be all that they could be. Look at what happened to Martha Stewart when she got uppity! Take that little girls! Aspire high but not too high. Maybe Betty Crocker?

The American People have been clearly shown what the Democratic Presidential and Vice-Presidential candidates think of average voters by their attacks on Joe the Plumber. That is a definite “tell”. Democrats may pretend to be the party of the average Joe and Josephine but they don’t really like them much.

The Republican Leadership and the Republican elite are not very pleased with Sarah Palin on their ticket. Not only is there a “she” on their ticket, she’s a card-carrying member of the middle-class. Not their cup of tea, don’t you know!

Most women are well aware that only people with a penis need apply for important positions. Now many of our male friends are finding out that it needs to be an “elite” penis; a penis that graduated from Harvard or Yale; an upper crust penis if you will.

Having money isn’t enough. After all Cindy McCain is has blessed John McCain not only with love, loyalty, children, and his own in-house pilot, she’s very, very rich. Money clearly isn’t enough to be part of the very exclusive inner circle. He may not be Maverick enough for the left, but he’s way too Maverick for the elite Republican inner circle.

Most ordinary people know that our Representatives don’t represent us. Most ordinary people are aware that the elites in both parties look down their moneyed, ex-foliated noses at we the peasantry. Women, peasants and other vermin are useful to them only to when it comes time to vote. Scurry off to vote little peasants and don’t hold your breath until the people you voted for do something for you in return for that vote.

Women, for the most part, still trot off to vote for the party that hasn’t done anything for them for decades. Many are under the impression that they’re voting for the party that supports women and their endeavors. They willfully ignore the fact that the Democratic Party draws a line in their support when women get uppity and dare to aspire to the highest offices in the land. Then women are made aware that for all the propaganda about Republicans believing in keeping women down, Democrats aren’t any better. Only people with a penis need apply.

Both parties heretofore were absolutely determined to keep the highest office in the land in the hands of people with a penis. However that penis had to be an elite penis that had gone to the best schools, knew the right people and had the right background.

Examples are abundantly clear. George W. Bush, doofus extraordinaire had the right equipment and the right connections so media not only gave the silly twit a free ride, they gave him a boost every chance they got. Thus Doofus and company led us into a financial crisis and two wars with our male dominated and self-hating female media cheerleading all the way.

Bill Clinton had the right private parts, the right education, but not the right connections and so was universally loathed by the elite leadership of both parties and the media. No shot was too cheap, no lie too big, no spin too dizzying to use against a Bubba penis.

In his day Harry Truman was disliked for the same reasons. Fortunately Harry S was smart enough to keep his penis in his pants and not give the elite media and leaderships something to club him with forever. Bill Clinton for all his political savvy, for all his brilliance will be remembered more for not keeping his pants zipped than anything else.

The unzipping pants syndrome seems to be a problem penis people in politics have with annoying frequency. Scarcely a week goes by that some male politician doesn’t have to go in front of the press and admit to a tawdry affair that diminishes him, his family and his career. Usually the poor cheated on little woman has to sit, or stand, at his side to show her loyalty to this dunce. Just in case she hasn’t been humiliated enough.

I have no problem with women deciding to stay with an errant spouse. That’s a private decision that is none of my/our business. However I do object, and object strongly, to women standing beside the man when he faces the media over his inability to keep his pants zipped. If he was a big enough boy to let his penis lead him astray, he’s a big enough boy to face the music for what he did all on his lonesome.

Someday perhaps we will see an end to politics by penis. Someday perhaps we will see people judged for their character, intelligence and competence not for their gender, race or whether or not they have the “right” connections or attended the “right” school. Someday maybe we won’t care what the gasbag media has to regurgitate about the candidates.

One day perhaps women will stand together and get equal rights here in the United States; the right to be all that they aspire to be. That cannot, will not happen until women stop pandering to penis people in order to get that patriarchal pat on the head or slap on the butt that signifies that that “master” is pleased with them. Men couldn’t hold women down if women didn’t allow it. After all ladies, we outlive and outnumber them. So that tells ya, some of us are fighting for the wrong side.