Re: Bailout 2.0
- From: Larry Gates <larry@xxxxxxxxxxxxxxx>
- Date: Wed, 11 Feb 2009 04:14:31 -0700
On Tue, 10 Feb 2009 17:54:49 -0800 (PST), chatnoir wrote:
I've been avoiding comment on Tim Geithner's new bank bailout program
because the rumors of what's in it have been changing on practically
an hourly basis. So why not just wait and see what he announces? Today
he did, and here's the New York Times summary of his four point
I don't think it's bad thing to give Mr. Geitner some cloud cover.
M<aybe Mr. Obama is starting to hear what his party wants: Texans forced to
face the cocks they sucked, before congress and without a non-feasant
I really do see a parallel with fellatio and involvement in Iraq. Neither
is motivatedby national security. Texans do it as a matter of course:
beers, steers, and queers. Repugs deny that they ever do it, but it turns
out to be the same anti-sex failures that was what the devil needed to make
their pro-warness much worse than a like evil.
The opposite of "sinning boldly" is sinning serially, tragically,
criminally, unlawfully, and spendthriftfully.
Well, the regulators are going to have to go in and look at the books
and determine which banks are viable and which are not! Some banks
may have to go into receivership becuase they are not viable at this
time! We are still talking about a hole that amounts to spending up
to 3-4 billion to get us out of this mess@!
Have they not amply shown that the "reality" in their books is a Fonzi
scheme. Yes, I mean Fonzy scheme: people who were creating assets out of a
rabbit punch to the side of financial mechanisms.
Mr. Obama thinks wrong if he thinks we want to "move on" while these guys
suck good air.
And you can still put in all that cruft if you want to. You can even
force yourself to have to do it. But to me, it feels a bit like slavery,
so I'm still looking for a land flowing with milk and honey, even if
there are a few giants in it. -- Larry Wall
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