August 28, 2008

Oh, and while you weren't looking, thanks to the Housing Gambler Bailout Act of 2008, the US Debt Ceiling just got raised by another $800,000,000,000.


I blame the voters. I blame the American people.

Your children, and their children, and their children, and their children, and their children are going to hate you.

This economic behavior is shameful, it's immoral, it's corrupt, it's unpatriotic, it's self-centered and it's disgusting.

Never have the voters of the United States, through their government, acted so immorally and so unethically. Future generations will be disgusted by this generation of grotesque, consumption-crazed, debt-addicted Americans.

To make room for the bailout, the bill raises the federal government’s debt ceiling by $800 billion to $10.6 trillion.

This increases the cushion between the debt limit and the current federal debt to $1.1 trillion. The legislation thus opens the way for a government bailout of Wall Street that would make the $160 billion rescue of the savings and loan industry in the late 1980s and early 1990s pale in comparison.

15 comments:

Anonymous said...

Hey, the guy got hungry. Give him a break, and an order of fries.

Anonymous said...

KEITH,
What are you worried about?
Its not as if the USA is borrowing this money in a foreign currency - its the people who buy these bonds who are going to be left looking like idiots?

Anonymous said...

Remember, Honest Dick Cheney said deficits don't matter. Do you think he lied to us?

As for the man pictured, that must be an analogy for the American economy: A fat steaming piece-of-shit stinking in the hot sun.

America in the Death throes...

Hurry Up Katrina II.

Anonymous said...

This is the way of all democracies Keith. The voters figure out they can vote themselves goodies, and they do. This is also the way all democracies eventually fail. A POS fiat currency doesn't help.

Anonymous said...

O.K. Two in one week for HPers:

First it was the ridiculous Happy Realtor site: reported here one day, gone the next.

NOW, a REIC shill site in Puget Sound, WA area called IF YOU CAN BELIEVE IT: www.righttimtobuy.org

That's Right
Right time to buy.org

I invite you to visit this self promoting Suzanne and leave an appropriate comment.

Is this a Great Country or What?

Anonymous said...

Is that a picture of the average Republican voter? Betcha he voted for the Chimperator in 2000 and 2004.

Anonymous said...

Oh PLEASE have Andrew Hac comment on that pic!

Anonymous said...

Isn't it funny that our Government has no problem coming together and voting for HUGE increases in deficit spending. Yet they argue for years on an energy plan. The oil companies are ready and willing to spend billions of THEIR own money developing our domestic oil reserves. This will bring billions into Government thru lease fees, royalties and taxes, create hundreds of thousands of needed jobs and REDUCE the $800 billion we send to oil producing nations each year begging oil, which will REDUCE our deficit.

Nope, anything that reduces our deficit, provides jobs and actually generates money for the Gov. is far too risky and difficult to grasp.

GT Charlie

Anonymous said...

Anon 2:24,

Thanks for the tip on the new Happy Graph site. By the way, you misspelled the URL name in your first version of it.

I left them my thoughts:

To improve your site, I would watch the recent Glen Beck piece on Real Estate and undersand that sunshine and lollipops aren't part of the solution. They were part of the problem that caused the run away housing bubble, and a lot of good people got financially devastated.

If it still costs much more to own than rent (it's called the P/E) then in fact it ISN'T the right time to buy. And anyone leading sheep to slaughter should feel very ashamed of themselves.




They said they'd get back to me soon. Can't wait.

Anonymous said...

Pop quiz:

Did Obama vote for or against the bailout?

Time's up.

He voted for it. As did every other demoCRAP in the house and senate.

Anonymous said...

Today the head of the Philly Fed said that the 53 trillion number that is floating around w/r/t the national debt (actual)is wrong because it does not include the medicare/medicaid promises. So the real debt is actually about 200 trillion dollars!!!!! we are fu*&%d

Anonymous said...

my patience is sorely tested every time i hear people that look like that use the phrase " i am starving" I feel like screaming "no you fat over indulged greedy, waste of skin, you are not in fact starving although over 25 thousand people die evey day while you over consume.

Refuse to buy overpriced said...

"I blame the voters."

You mean the voters who will elect Obama/Biden, and validate the bailout?

Personally, I blame Wall Street. They knowingly acted very recklessly to maximize their bonuses. They gambled that the government would rescue them when the inevitable crash came, and they were proven right in 2008.

Anonymous said...

Silly keith, there won't be any future generations. We're living in the end days. Haven't you studied your bible?

Anonymous said...

800,000,000,000???

chump change. just wait until obama gets into office and starts his massive entitlement programs.....

heck, he wants to increase faith based initiatives by several billion dollars.