...election is over.
Like looters from a burning building, they're going to take everything they possibly can, as quickly as they can and just...
get the hell out of there. Today every corporate entity which receives goodies from this bill, whether related to the bailout directly or pork, has already begun sucking those billions into bank accounts, the world over.
$700 billion gone from our collective pockets and- oh, wait, someone's handed me a report from CNN, from today. It reads:
Stocks slump despite bank rescue. Here's a snippet you'll like, fellow Citizen Taxpayer:
Wall Street rallied ahead of the early afternoon vote - with the Dow up as much as 313 points - as investors bet the House would pass the modified version of the bill after defeating a similar measure Monday.
But once the House voted 263-171 to pass the bill...stocks gave up gains. News that President Bush signed it into law failed to stop the downtrend.
Reports have come out in the last day or two that House reps had been both
threatened with the impending financial ruin of America and civil unrest possibly resulting in martial law as well as being tempted by
pork stuffing designed to get their vote by hook or by crook.
Tough combination for little ole' you and I to beat? The best we can do at the moment is continue to make pissed off calls and maybe get into the streets and let everyone know how pissed we are. But it's rainy in a lot of places, and that's a drag to stand out in, isn't it?
Overall, better luck next time, eh? Oh well, we don't publish the M2 or M3 anymore so nobody really knows how many dollars are in circulation. Maybe we can plunk another $700 Billion into the market? Or a Trillion? That sounds like a big, important, number.
And it's not over. Cause they know Bush is on his way out and McCain probably won't be the next president. And when Obama gets into office and waves away the hyenas who have been feeding on the carcass of what was less than 10 years ago a prosperous American Economy, there will likely be little left.
So keep an eye out, note how things progress between now and election day, and after. I'd like to be wrong, but I doubt it.
By the way- I'm sorry. I'm sorry you and I and our children have to have our futures consumed in such enormous chunks- like today. Where their and our futures will likely be a lot grayer and less interesting, what with putting food on the table and staying ahead of the Bill Man and all.
A world where the hope for a full belly or staying warm at night will replace the type of longing we used to reserve for ownership of a house or a college degree. I'm sorry.
PB