And we made it through the week, thanks to the desperate and illegal actions of Hank Paulson, Chris Cox, Ben Bernanke and George Bush.
The most desperate of times called for the most desperate of measures. Even if those measures were illegal. Like robbing a pharmacy to get life-saving drugs.
And now, we'll see a taxpayer-funded bailout of the banks and mortgage gamblers in the trillions, again to stave off a Great Great Depression. It may work.
Or it may not.
And all of this will be without an independent Congressional or criminal investigation. America has been taken over by corrupt interests, enabled by incompetent fools, powered by a subservient media, greased by realtors on commission, elected by ignorant voters.
I'll write more later on what just happened and what is to come. For now, what I want you to consider is that America Inc. nearly failed this week. Every job, every investment, every pension, every 401k, every dollar bill, every company, everything was on the line this week. Your financial and physical safety. Your family's financial future.
We were on the cliff's edge. Taken there by bonus-driven bankers and bribery-influenced politicians.
And we're still there folks. This isn't over. We're still there.
Congressional Leaders Stunned by Warnings
“When you listened to him describe it you gulped," said Senator Charles E. Schumer, Democrat of New York.
When Mr. Schumer described the meeting as “somber,” Mr. Dodd cut in. “Somber doesn’t begin to justify the words,” he said. “We have never heard language like this.”
“You have the credit lines in America, which are the lifeblood of the economy, frozen.” Mr. Schumer said. “That hasn’t happened before. It’s a brave new world. You are in uncharted territory, but the one thing you do know is you can’t leave them frozen or the economy will just head south at a rapid rate.”
September 20, 2008
Let me be succinct. America Inc. nearly failed this week. The US economy nearly fell into a Great Great Depression. We are at the precipice.
Posted by blogger at 9/20/2008