Thursday, September 25, 2008

Wall Street Bail-out BS...

Is anyone else as infuriated about this whole deal as I am? $700 Billion!? Given to banks that made horribly irresponsible loans?? This can't be happening. We're capitalists right? The beauty of the free market is that it works itself out. It's like a self-cleaning oven. Yeah I said it. Business have to be allowed to FAIL. What's to keep this from happening again? I guess we'll bail them out and just pray that they don't do it again. This is ludacris. Now the same people who were victimized by these (terrible) sub-prime home loans, have to foot the bill. Does that make sense? No. It's just one last hurrah for the worst presidency in the history of the world. Meanwhile the CEO's of these companies, who were taking millions of dollars, are going to get MORE money. As they call it, the "golden parachute". Must be nice. Run a company into the ground, walk away with millions, and get bailed out by the gov't at the taxpayers expense. God bless America.

Whatever happens, at least you weren't involved in this http://www.azcentral.com/news/articles/2008/09/24/20080924abrk-vomit0924.html

2 comments:

Serena said...
This comment has been removed by the author.
Serena said...

your blog shows when comments have been deleted? that's dumb...

anyway, what i SAID, with a slight typo, was that Ludacris IS one of our generation's greatest rappers. Glad to see you giving him a shout out in the ol' blog.