Atrios Speak, You Listen
For over a year the one point that I and others have been trying make is that the polite fiction that masters of the universe of Wall Street and their defenders in the media and Congress have been trying maintain, that this is liquidity crisis not an insolvency crisis, is utter horseshit. They made bad leveraged bets and lost immense amounts of money, and now they, and their buddies Geithner and Summers, want taxpayers to bail them out so they can go on living their opulent life styles while some of my neighbors wonder if their next food stamp card is going to show up.
Who knew that when Obama talked about change, he meant ordinary Americans begging on street corners for nickels and dimes, while the New! Changey! Hopefultastic! Democratic! Administration! continued to bend the taxpayers over a dumpster and repeatedly rape us on behalf of Bank of America, Morgan Stanley, and AIG? Goodness, why should the greedy fuckwads who destroyed the economy have to pay for their misdeeds, when you can make the taxpayer the patsy? Why should John Thain suffer, just because Wall Street gambled everyone’s savings and lost? why, when you can pay for it with a few shuttered libraries and pools like we’re doing in Philly? Who gives a shit what happens to working class, working poor, and downright impoverished families?
It ain’t 1920 anymore… not here anyway, or at least, not yet.
But remember the words of Lucy Parsons and Bob Marley: a hungry mob is an angry mob.
