Thursday, September 25, 2008

Ever wonder why fund managers can't beat the S&P 500? 'Cause they're sheep, and sheep get slaughtered.

I can't wish you a happy Friday today. Sorry.
The $700 billion deal has hit a roadblock with the House Republican caucus with the support of John McCain.

In all honesty I have no idea whether the plan was necessary or not. I'm not an economist or a Wall Street financier, nor do I have a Palinesque mutant ability to learn things via proximity and osmosis.

My progressive side tells me the deal was crap. Congressional Democrats - who on paper would be the ones that should have been dictating this process rather than the White House - appeared to have been rolled again with only token nods to accountability.

But the one thing I'm certain is that I don't even have to like this plan to be furious that John McCain injected Presidential politics into this process. In doing so he has signaled more clearly than ever that his ambition is more important than the future of this country.

The President gave a "the sky is falling" speech this week. Washington Mutual collapsed last night. The market is going to tank today. I resent that McCain is playing games with my future. He is not more important than the millions of Americans he's screwing over here.

When I vote for Obama next month (vote by mail) I'm going to be doing it for all sorts of reasons including the oblique push towards "hope." I'm not ashamed to say there will be a part of me that will be considering that vote a giant middle finger towards McCain, his party and everything they represent.

Screw them.


Randal Graves said...

Why can't I shake the feeling that the final plan is going to look more like the extra laissez-faire-y House gooper one than originally conceived?

Like you, I'm not a financial whiz, and I can guarantee you're better versed in that field than I am, but I have an inherent distrust of these jokers. Add the fact that when Joe and Jane Sixpack fuck up, it's bootstrap pullin' time but when THESE assholes fuck up, oh pretty please, I looooove socialism!

Rot in fucking hell GOP.

Unconventional Conventionist said...

It's a giant scam. Scam I tell you, scam scammity scammingness.

Dean Wormer said...


Yup. Here's how I see it- Bush/ Republicans put some plan out that's completely out on the fringe. The Democrats instead of starting at the other end of the spectrum find the middle ground and then compromise further by putting something out half way between that center and Bush's extreme.

Then they get scared and ultimately agree to a plan half way again between those two points.

Don't get me wrong - I'd love to see everybody responsible for this hung up by their jewels. But there's also a psychological element to our economy and McCain is messing with that by playing politics.


The scammiest scam ever.

Don Snabulus said...

Heads they win. Tails you lose.

Dean Wormer said...


Yeah, but how about those Beavers?

They just killed the PAC.

Spirula said...

I was actually going to comment here on the Beaver-tail slap to USC last night, but I had to turn in at half-time and didn't want to jinx Oregon State by prematurely calling it.

Of course, my motives are not pure. I'm a Bulldog alumnus living deep, deep in Gator territory (yeah, the game parking can block me in if it gets out of hand). And my daughter was on the color-guard the year when Tebow helped win the high school state championship. Conflicted loyalties? Not really. I'm a Dawg at heart, but will root for the Gators in all but the "worlds largest cocktail party" games.

Oh, and McLame is a flagrant political whore. He'd screw himself if it would get him elected. (and may have, in ways he never imagined! *fingers crossed*)

What a horrible human being.

kim said...


I hate the term Happy Friday anyway.
Thanks for the correct reflection on the day.

mwb said...

Yeah, but experience has shown me that the Democrats will huff and puff and then accept a series of "compromises" that will render the interests of the working folks both without voice or hope.

Heck, we're seeing it happen now.