The MOTHER of all CorpoRATe WELFARE BAILOUTS!

*** DOW DEATH SPIRAL™ ***

Dow Jones Industrial Average
Index Value: 10,609.66
Trade Time: Sept. 17, 2008
Change: Down 449.36 (4.06%)
Prev Close: 11,059.02
Open: 11,056.58
Day’s Range: 10,595.9011,057.31
52wk Range: 10,604.70 – 14,280.00

DIVE, DIVE, DIVE!

Well Cricketeers, It’s official, the corpoRATe fire economy has HIT THE FAN! The “investor class” is gonna learn all about the federally funded FOOD STAMP PROGRAM NOW! Speaking of government programs, the two parties of the apocalypse in washingtOOn are talking about startin’ up a NEW corpoRATe WELFARE PROGRAM! Lets call it THE corpoRATe DEBT STAMP PROGRAM! This from the zoo york times:

—clip—

Some Seek Agency to Buy Bad Debt as Long-Term Answer

Published: September 16, 200

WASHINGTON — As the Bush administration has lurched from pillar to post in the financial crisis, some lawmakers and experts were considering a longer-term legislative solution that would create a new agency to dispose of the mortgage-related assets at the core of Wall Street’s woes.
Proponents of a more systematic government role to help relieve financial institutions of their toxic securities range from Lawrence H. Summers, the former Treasury secretary under President Clinton, to former Federal Reserve chairmen Paul A. Volcker and Alan Greenspan.
In Congress, the idea that is gaining traction centers on the creation of a new agency that would buy troubled assets from hobbled companies. The idea was floated on Tuesday by Barney Frank, Democrat of Massachusetts, who heads the House Financial Services Committee. Among those signaling that it merited serious consideration were Senate Majority Leader Harry Reid and the House speaker, Nancy Pelosi.

—clip—

SONOFABUSH! Yup, ain’t this just what we need!? THE FEDERAL DEPARTMENT of corpoRATe WELFARE! UNCLE SAM WANTS YOU to buy all the worthless DEBT PAPER that deregulated out of control corpoRATeers wrote! WE ARE GETTING ROYALLY SCREWED AGAIN! The co-joined twins of the apocalypse are all for this latest tax payer ripoff! WHAT A DISGRACE! Speaking of disgraces, lets look at what else goes on in washingtOOn. This from the zoo york times:

—clip—

Politicians Point Fingers, Assign Blame

Published: September 17, 2008

WASHINGTON — Amid the recriminations and finger-pointing, politicians on the presidential campaign trail and on Capitol Hill voiced concern for American taxpayers on Wednesday as the ripple effects of the $85 billion bailout of the American International Group were felt around the world.

Taken collectively, the remarks, by Republicans and Democrats alike, reflected a sense that this latest and perhaps most ominous Wall Street crisis could reverberate far beyond New York City and Washington, and that millions of people who would not know a credit-default swap from a floating debenture were increasingly aware of that.

“Families all across America are concerned about their financial security,” Senator Mitch McConnell of Kentucky, the Republican minority leader, said on the Senate floor. “As Congress, the administration and Federal Reserve consider the appropriate measures to strengthen our capital markets, I believe it’s imperative that we do so in a bipartisan manner. Now, more than ever, is the time to rise above politics and work together.”

—clip—

DAGNABIT! ROFL! Let’s throw mitch in a ditch! Listen here, the PROBLEM HAS BEEN THAT THE corpoRATeers in the two parties of the apocalypse HAVE BEEN WORKING TOGETHER “in a bipartisan manner” to enrich themselves AT OUR EXPANSE FOR DECADES! Now that their economic HOUSE OF CARDS IS TUMBLING, THEY WANNA DUMP ALL THE COSTS AND LOSSES ON THE TAXPAYER!

Want to know what will fix this mess? Click here to view the agenda that will FIX OUR PROBLEMS! Then support and vote for the only presidential candidate who MATTERS!

VOTENADER.ORG

The Telepathic Crickets™ on the ClapSotronics editorial board and I are very much enjoying watching those two wimps the reverend mcPain and obamessiah pointing the finger of blame at each other! They are in the hot seat. They need to EXPLAIN WHY THEY AND BOTH THEIR PARTIES HAVE SO MISMANAGED THE ECONOMY, IT’S CRASHING AND BURNING JUST A FEW WEEKS BEFORE THE ELECTION! They’re runnin’ scared now. GO AHEAD AND RUN YOU PUNKS! NADER’S GAINING ON YA! DESPITE THE “BIPARTISAN EFFORTS” to keep NADER out of the debates!

HEY, mcPain and nobama:
Open The Debates!

If YOU REALLY wanna know the TRUTH about the debate issue CLICK THIS LINK!

Don’t forget to stop by our satirical sister blog:

The Intergalactic Times

Make sure YOU WATCH THESE VIDEOS!

The scientifically impossible I do right away

The spiritually miraculous takes a bit longer

~ by ClapSo on September 18, 2008.

2 Responses to “The MOTHER of all CorpoRATe WELFARE BAILOUTS!”

  1. how does nader play sim city? sim city 2000 is a auful mess with all the piping etc. ….

  2. I think it would be a fun fundraser to be able to listen to nader talk about politics whale playing old school sim city on a portal. It is free to play online.

    I wonder why a overview of citys and finances could get pulled together into a sim like that for the people to view. humm would need a freedom of information act letter generator to get the records & a cyborg army to bring about change and to monitor the thoughts of the corperate executives to know when their getting … naughty stuff done & charging it to us.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: