Of LEACHES, FAILURES, and GAS GUZZLERS! BAILOUT O’ RAMA!
SONOFABUSH! Ya know, sometimes the crap that goes on in washingtOOn and the corpoRATe board rooms just hits ya right between the eyes! So the bailout of fannie and freddie are done and we taxpayers are getting the bill. Now there are other corpoRATeers running down to washingtOOn with their greedy hands out for a taxpayer funded bailout! This from cnnmoney:
Big Three bailout may be around corner
Automakers seek $50 billion in low-interest loans to convert plants from trucks to fuel efficient cars; presidential election could help their chances.By Chris Isidore, CNNMoney.com senior writerSeptember 4, 2008
NEW YORK (CNNMoney.com) — Plunging auto sales, high gas prices and election year politics could help convince Congress to approve a $50 billion loan package to embattled U.S. automakers that Detroit’s Big Three claim is key to their future success.
On Wednesday, General Motors (GM, Fortune 500), Ford Motor (F, Fortune 500) and Chrysler LLC reported monthly sales declines of at least 20% from a year ago, as American car buyers continued to turn away from SUVs and pickups and towards more fuel efficient car models.—clip—
Just what the thieving corpoRATeer doctor ordered! ANOTHER $50 billion dollar corpoRATe welfare program! These weasels in the auto industry board rooms have no sense of shame. FOR DECADES WE HAVE BEEN WARNING THEM THAT MONSTER PICKUP TRUCKS AND SUV’s WOULD NOT BE VIABLE PRODUCTS. They didn’t listen! NOW they want US the taxayers TO BAIL THEM OUT FOR THEIR BAD DECISIONS! The syphilitic co-joined twins of the apocalypse called mcbama, have and will continue to cause and take part in these disasters! Speaking of BAILOUTS this from the christian science monitor:
Fannie and Freddie: why the takeover
By Mark Trumbull Mon Sep 8, 2008
By taking control of Fannie Mae and Freddie Mac, the Bush administration has launched a high-stakes bid to bolster the housing market and the US economy – seeking to minimize costs to taxpayers even as it puts them on the hook.
Treasury Secretary Henry Paulson on Sunday announced a federal conservatorship for the two mortgage giants, which play a key role in the housing market, now rocked by falling home values and high rates of foreclosure.
The action begins a formal Treasury role that, just a few weeks ago, Secretary Paulson said he expected to avoid. Fannie and Freddie, as private companies created by government mandate, have long been seen as implicitly backed by the Treasury. Now that backstop is as explicit as it can be.
Why is it coming to this?
The short answer is that legislation Congress passed in July failed to reassure financial markets enough to position the two companies to raise needed capital on their own. That law gave the Treasury new authority to funnel credit or capital into Fannie and Freddie, if needed – at taxpayer expense.
Meanwhile, foreclosures continue to pummel the mortgage firms with big losses.
DAGNABIT! Just what we don’t need, MORE LEMON SOCIALISM! No wonder obamessiah and the reverend mcPain don’t want to debate Nader! They know he will destroy them with these issues in debate! There’s a couple of things YOU can do to fix this mess:
First, throw the LEMON SOCIALISM MERINGUE PIE™ in the corpoRATeer stooges faces:
Second, and most importantly SUPPORT AND VOTE FOR THE ONLY PRESIDENTIAL CANDIDATE WHO WILL FIX THIS MESS:
The Telepathic Crickets™ on the ClapSotronics editorial board and I were thrilled to take part in a live blog of the Nader Super Rally in st. paul. The live blog took place at the votenader.org site. Kudos to all involved. A highlight video of the Super Rally is posted below. We hope you get a chance to watch it!
Don’t forget to stop by our satirical sister blog:
Make sure YOU WATCH THESE VIDEOS!
The scientifically impossible I do right away
The spiritually miraculous takes a bit longer
~ by ClapSo on September 9, 2008.
Posted in Activism, anti-war, Bank Failures, Budget, Change, clapso, co-joined twins of the apocalypse, corpoRATe welfare, CorpoRATeer, Cricketeers, DAGNABIT, debates, democrats, economic disaster, ELECTION, Goverment Bailouts, Guns OR Butter!?, LEMON SOCIALISM, LEMON SOCIALISM MERINGUE PIE™, Libertarian Party, Living Wage!, Living wages, mcbama, mccain, mcPain, Mortgage, Mortgage Crisis, MSM, Nader!, nobama, obama, obamessiah, Politics, Pork barrel spending, progressives, republicans, reverend mcPain, SONOFABUSH, Telepathic Crickets, Thieves, video, war, washingtOOn, WTF, YOU!
Tags: Activism, anti-war, Bank Failures, Budget, Change, clapso, co-joined twins of the apocalypse, corpoRATe welfare, CorpoRATeer, Cricketeers, DAGNABIT, debates, democrats, economic disaster, ELECTION, Goverment Bailouts, Guns OR Butter!?, LEMON SOCIALISM, LEMON SOCIALISM MERINGUE PIE™, Libertarian Party, Living Wage!, Living wages, mcbama, mccain, mcPain, Mortgage, Mortgage Crisis, MSM, Nader!, nobama, obama, obamessiah, Politics, Pork barrel spending, progressives, republicans, reverend mcPain, SONOFABUSH, Telepathic Crickets, Thieves, video, war, washingtOOn, WTF, YOU!