No soup for you! This is reserved for those who need it. Like Goldman Sachs.
All Americans are certainly gettin took in the patoot by the big banks. Looks like some folks are taking to the streets about it around the nation, if you’re interested: A New Way Forward Demonstrations. I expect I’ll be out with my video camera in Austin, and I’ll post footage here if anything interesting turns up.
Matt Taibbi and Paul Krugman are awash in despair, and when those two canaries go down for the count, you know we’re facing some sinister corporate shenanigans.
GM has been told to dump its CEO and will be given plans on how it will restructure itself according to the desires of the government. Banks, meanwhile, continue to get hundreds of billions of dollars with nothing more than a “pretty please” attached to it to make sure that money gets in the hands of people who do not have their own private jets.
Sadly, we all know that trickle down economics is a joke, and it’s been disappointing (though not shocking, as many hardcore-in-denial liberals seem to feel) to watch the Obama administration continue the Paulson Cash Dumptruck Plan of 2008. Lesson to GM: More campaign contributions next time, sucka.
In the meantime, protests may kind of matter again, because this administration has shown before that they pay attention to the public and the media. Now, that may include the disclaimer “only when not in direct conflict of massive donors” but at least we know it’s worth a try.
So if you’d rather see the big banks nationalized, broken apart, and thrown back out into the world as smaller institutions regulated by harsh antitrust laws, then let your voice be heard, eh?
And if this isn’t your thing, we can protest whatever that is next.
[...] sucks. Everybody is fiddling while the planet burns. Obama just gave the lying thieving bastard banks that ruined the economy another bailout. People are brainwashed tools that refuse to think for [...]
I’m happy to join in Max Headroom style, if you just plant a wireless-ready monitor and some bigass speakers on top of a trolley (so I can chant, too) and then cart me around with the other protesters.
By the way, I’d been avoiding that Matt Taibi article due to its monstrous length. Thanks for putting it in front of me again. Damn that was worth a read.