Okay, I admit to a suspicious nature...

[jhetley]

That bailout plan starts to smell like an advanced-level gotcha, one way or another.  Proposed with no oversight by legislative or judicial branches, guaranteed to raise hackles and cause any lawmaker with a set of cojones to dig in his or her* heels, but it's gotta be done by the end of the week . . .

And if we don't get it passed, the end of the (financial) world is nigh.

*You gonna argue that women in the national legislature don't have cojones?

Comments

[ziactrice.livejournal.com]

*nods*

I tried to listen to some of the meeting, but after about 10 minutes, my hindbrain retorted sharply, "World's biggest, and possibly most inept, con job."

Of course, it might not rank that high. The second Bush's campaign promises are even higher on the bullshit factor, and on the dollar digits.

[jhetley.livejournal.com]

I'm not sure what level the con is working -- the way the plan was/is proposed, it has little chance of passage. As you say, inept. Was that the purpose? Blame congress when the organic fertilizer truly hits the air impeller?

Feints within feints within feints.

[ziactrice.livejournal.com]

CYA, or give us the money and carte blanche to save our cronies/supporters among the noble, er, rich class.

If you don't, and things go belly-up, we'll burn you at the stake for not 'saving the markets'. If you do, and it doesn't work, we'll say 'well, we did our best with what little they gave us, but no one ever promised it would work!'

Likely, it'll be compromised into less, and less control, and the money will be given and stolen into fat cat pockets... just as the market DOES go crash-poloza. None of us will then be in any position to complain - we'll be too hungry and tired from standing in the bread and soup lines.

Of course, if FEMA and the recent PODs here in Houston are any kind of excample, it will be water and MREs - if you're lucky, don't complain, don't walk up, and can find where the unpublished distribution site is before they run out of supplies.

And they'll be chincy with the supplies, and there will be VAST amounts of black market skimming and profiteering.

But... you knew that, already. Probably seen it happen first hand in other countries. It's just our turn now to become third-world. I was kinda hoping we'd stabilize at second-world, but not with our leaders willing to rob us of food and infrastructure just to line their already gold-plated pockets.