Old Fashioned Patriot

The financial sector is going to get a $700 billion shot in the arm. Is this so Wall Street insiders have a market in which to sell their holdings?

Paulson, "We begin with a very important task, a task to stabilize the markets..."

The Gods will be pleased. A suitable sacrifice has been found to appease the all knowing seer Dow Jones Industrial Average. Pelosi and Reid threw all sense out the window to enable Bush's last go at the treasury.

Little did they know that it won't prop the stock market up forever. Maybe not even until the election. The bond market will be aghast when it looks at what is in the collection plate.

Harry and Nancy are rushing in where bankers fear to tread. Notice how the photo-op doesn't have any Republicans prominently displayed other than chief looter Paulson?

Ford better ask for its bailout before Flash of Genius is released to theaters.

Paulson's plan to give $700 billion to his golfing buddies can best be described as Ehrlichman's Revenge. Paulson worked for convicted Nixon henchman John Ehrlichman.

The HTML, if you wish to post it on your blog, is:
<a href="http://www.treas.gov/press/releases/hp1150.htm">Ehrlichman's Revenge</a>

Congress to pass the Corporate America Selling Housing Obligations to Unwitting Taxpayers - CASHOUT

Arrgh. Bush and his mateys have found the treasure map to the Social Security lockbox and they plans to plunder it straight away.

What do "Anal Parish", "Sharia Plan", "La Piranhas" and "Ha, Pa! I snarl." have in common?

They are all anagrams for Sarah Palin.

Latest "victim" is John Key. New Zealanders will find him as their top result for "clueless."

In honor of Palin's wanting to attack Russia I dig this up from when Democrats knew how to make ads that didn't drone on and on...

Bush and his junta has just given America a big "fuck you" as their parting gift. A month ago they asked for authority they swore they would never use. Bush's Treausry Secretary wanted the power to take over Freddie Mac and Fannie Mae. They used it. Surprise. Surprise. Surprise.

Wall Street rallied because they have a dumping ground for all of their toxic loans. Thanks to the new "no lobbying" clause Freddie and Fannie won't be able to ask Congress for redress. It will be a huge sinkhole for money. The only source of money that will be used is Social Security. Bush has finally accomplished what he wanted to. He is going to transfer all the wealth hard working Americans have put into Social Security and give it away to Wall Street in exchange for their underwater mortgages.

This mess will surface next year and be the next Presidents fault. It is the perfect poison pill.

On this day in 1998, George H. W. Bush said Sept. 7th was Pearl Harbor Day. He then shot ahead of Dukakis in the polls.

Jane Addams was born Sept. 6th, 1860 and was the first American woman to win a Nobel Peace Prize. Among other things she was a community organizer in Chicago.