Friday, October 31, 2008

For eight years, Republicans and Bush have been allowing Wall Street and financial institutions to play fast and loose with the rules and have deregulated the industry whenever Wall Street pissed and moaned about having too tight a yoke over their activities. They kept advocating free-market capitalism (first of all, there is no such thing as free-market capitalism outside of the Mafia and organized crime-tax breaks, subsidies, strict or lax rules and regulations[depending on which business sector one is in] skew the market and economy one way or the other, favoring one company over another, and the rich over everyone else.)

When Bush came out with a bailout plan, you can bet it was created by Wall Street and Republican campaign contributors. Unfortunately, this will turn out to ge another trickle-down rip-off: people in debt and mortgage hell will just get pissed on while Bush's friends profit. This further cements Bush's(and McCain's) economic theories as dangerous and destructive crap. Let us pray that Obama will get things back on track and return this country to prosperity.

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