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Fear and Loathing on Wall Street

by AnonyMoose on Sep.29, 2008, under Observations

Has anyone else noticed the massive fear campaign directed at us by the media? It would seem the Rich and Greedy have nuzzled up with their political mouthpieces and are now in the process of trying to scare the hell out of us with their lies and innuendo.

C’mon, guys, give it a rest, will ya. You’ve been sucking the system dry for years, collecting your ridiculous salaries and obscene bonuses while running the companies into the ground. You walk away with millions and a whole lot of poor working folks end up losing what little they have and queuing up at the food line. Well, loath as I am to use a cliché, the chickens be coming home to roost.

You’re out there trying to scare us into thinking that our failure to support this staggering level of corporate welfare will somehow force the banks to stop lending which in turn could jeopardize company payrolls, car loans, mortgage loans, college loans, even, and I find this so absurd, cause people’s FICO scores to go down. Man, you all are getting desperate, huh?

Well, here’s a thought for ya: if people’s FICO scores are going to go down over this, why don’t we just really screw the scores and call a general strike: stop paying those mortgages, those auto and student loans, rip up those credit cards and toss the next credit card bill in the trash. We might go down but you’d go down with us and that, IMHO, would be cool.

I’ll be the first to admit I know little about economics but I do know this: If a bank loans me a dollar, that dollar is making money for the bank. If they don’t loan me that dollar, they make nothing. So please, don’t hand me your crap about financial collapse. If I don’t have the dollar, I’ll get by. Been poor a long time. I may not like it but I’m used to it. Are you?

This is High Noon, Shoot-out at the OK Corral. I just hope there are enough of us brave enough to stare you all down. By and by you’ll loan the money that needs to be loaned. After all, ya gotta pay the payments on those multiple dwellings you own and, you know, those high-end autos need a lot of maintenance, and jet fuel for the Lear, I mean, have you seen the cost of that stuff?

***

I just read an interesting article by Michael Moore: “The Rich Are Staging a Coup This Morning“. I think he may be on to something there. Hey, every despot who’s been forced out of office loots the treasury on the way out the door. Our despot is getting close to the end of his term. Sure looks like that’s what he’s doing here.

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