Thursday, September 25, 2008
In Pimpin Ain't Dead I talked briefly about how all the FED has us all by the balls. Left, Right, Up, Down, Black, White, it doesn't matter. You can fight amongst yourselves all you want pointing and blaming but in the end the FED has us all.
Couple weeks later lo and behold, we're looking at a massive $700 BILLION bailout; which in it's drafted copy gives the FED unlimited authority to not be questioned by the government or COURT OF LAW about it's actions with the money, but also contains a section in which the FED can take ANY bank into it's control.
OK. If I'm across the poker table from the FED\CONGRESS etc.. I'm pushing all in because I'm calling bullshit. What I was taught and what I thought WE believed in was free markets period. PERIOD at any cost. Could things get MIGHTY UGLY if we don't do the bailout, of course, more so than any of us could imagine or prepare for, but guess what, FUCK IT.
Everything we've ever preached, flaunted, and prided ourselves in goes out the window with the bailout. To quote Dr. Ron Paul:
"Times like these have a way of telling us what kind of a people we are, and what kind of country we shall be."
Thus it's quite obvious what we will be-
The United States of Fake Ass Capitalists
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