We are so effing effed

It’s really odd to sit back and watch the wheels of soft socialism methodically move forward. The mortgage industry has been nationalized, the car industry has seen a big chunk nationalized, the biggest insurance company, a huge bank. Next we have student loans and health care. Energy is sure to be not too far behind it. I also keep hearing about new proposals being thrown around to control or limit executive compensation for any financial company.

Now Obama and Bernake are saying things like we are broke and that these deficits are unsustainable. So either the party stops, we raise taxes or we inflate the dollar. It’s that simple. Well the wonderful ideas that are being thrown around hit everyone hard. Cap and trade, VAT and taxing health care premiums.

You still might be convinced that Washington is going to tighten up after we are through with this financial crisis. You still might believe their “exit strategy”. I am now thoroughly convinced that they will not. Just my humble opinion. I hope I am wrong.

I agree with Neal Boortz. “The Republican Party are a bunch of anti-abortionist zealots who couldn’t attract flies to a dump.” So where the hell will the dissent come from?

Here are a few (admittedly) sensationalist stories, but news nevertheless:

Chinese students laughing at Geithner. hahahaha – real funny

http://www.reuters.com/article/companyNewsAndPR/idUSPEK14475620090601

From Russia with Love

http://english.pravda.ru/opinion/columnists/107459-0/

Our comrade from the south

http://www.reuters.com/article/ObamaEconomy/idUSTRE5520GX20090603?feedType=RSS&feedName=ObamaEconomy&virtualBrandChannel=10441

“Never let a good crisis go to waste” Rahm Emanuel

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2 Responses to “We are so effing effed”

  1. urstupidnourstupid Says:

    It’s really odd to sit back and watch the wheels of unchecked capitalism collapse under the weight of its own greed and mismanagement. Just kidding…I like the rhetorical effect!

    All I can say to you is things were (and are) pretty effed already. You can’t deny that. And the new administration decided to take measures to stop the bleeding. And it worked. Yes there is a price to pay–but we will never know the price if those steps weren’t taken. You will claim that it wouldn’t have been so bad–that the “invisible hand” of capitalism would have righted the ship. And I see the entire world being severly negatively effected by this downturn; and it won’t be “normal” for years. But politics and economics both exist in cycles. Obama is not Castro. Your right wing economic idealogues will be back and stripping out regulation in no time. So in the mean time, since there’s nothing you can do, just relax, watch and learn. But don’t become one of those raving lunatics who sees the end of this country and all it stands for.

  2. urstupidnourstupid Says:

    Ok, maybe breathing exercises will work. Or yoga. Anyway, cute graph you showed there. I don’t expect the government to take over all means of production. Just the big important ones. That’s why I called it “soft socialism.”

    My prediction: You will one day regret that you voted for Obama. Remember that time capsule letter we wrote years ago? Stick this one in your drawer and pull it out in say, about 2014 🙂

    Gotta roll, its half time of the Laker/Magic game.

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