The Last Great Looting

I'm slow. I'll be the first to admit it. Only minutes ago did I realize that there's no real reason that this bailout has to happen. Only minutes ago did I realize that the entire thing, from at least last Wednesday, has been designed and sold to us by the Bushies. I'm sure many of you will just think that I'm being paranoid. I can't prove otherwise. Just days ago when I learned of section 8 of the White House's plan, wherein the Secretary of the Treasury (Paulson), is given unfettered control over the distribution of the 700 billion dollars, I thought the White House was merely taking advantage of the situation.

Now I recall that Ben Bernanke has been in lockstep with Paulson while speaking to Congress over the last two days and this entire concept of the big bailout has come from no one else but them. The Bushies sold us the Iraq war through fear and they are selling this bailout the same way. They say that we need to act on this by Friday, after that it will be too late. We're taking their word that can see the economic future past Friday. We're taking the word of the people who got us into this situation and got us into our world situation over the last eight years. Suddenly we accept that they know what they're talking about. The faster we have to act on this, the less time we'll have to think on it and the less time the Stock Market will have to naturally right itself. This is actually the last great looting of America by the Bush administration.

They say that if Wall Street goes down, the country will go with it. Have they mentioned what will happen when America has to pay the bill for the ungodly spending spree the "conservatives" have taken us on in the past eight years? Wouldn't we be better served if that $700 billion was paid directly on the mortgages of citizens who are struggling to keep their homes? Might that not stabilize housing prices and end the current crisis? What's the difference in damage to the country when it's destroyed financially from the bottom up rather than the top down? The difference is, the top down fix helps big business and government has always been in bed with big business.

I submit to you that the bailout is completely unnecessary. Unfortunately, even if anyone agreed with me, it wouldn't matter. The majority of people are not questioning its necessity, they are only questioning how it should be done. The White House has gotten one over on us once more. Maybe we deserve it. We are the rubes who have been taken in by the scams of the conman again and again and even when we know he's ripped us off in the past, we're reaching from our wallets one last time without hesitation.