The Shotgun Blog
Wednesday, September 24, 2008
Your awesome Sarah Palin picture of the day
With this $700 billion dollar Wall Street bailout looming as a possibility, the following picture is apropos (if the Republicans win):
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I'm not sure that really goes with her ultra-conservative views... Obama perhaps, hell even McCain... but Comrad Palin? eehhh
Posted by: Pete | 2008-09-25 12:06:27 AM
BTW the bail out will be passed by the representatives, not the president and vice president. The House and the Senate are Democrat not republican, if you don't like the bail-out (which I don't) Bush isn't the blame he's just a puppet presenting a unified face for congress and the Fed :P
Posted by: Pete | 2008-09-25 12:08:25 AM
I wasn't clear: What I mean is, after the bail-out, the U.S. will basically have a quasi-commie state. If it gets to that, then whoever wins will be president and vice-president over a socialized financial system. If the Republicans win, then they'll inherit a commie-like system.
I hope that makes sense (it's late...)
Posted by: P.M. Jaworski | 2008-09-25 12:44:04 AM
PMJ that is exactly correct.
here's an article on the topic.
Bailout Proposal Meets Bipartisan Outrage
Posted by: JC | 2008-09-25 6:40:55 AM
Leviathan with a pretty face (whips, chains, garters, spankings......I digress).
This bailout madness is a fitting and symbolic end to Bush's terms marked by domestic failures - out-of-control Congress and a President that can't spell VETO!
Posted by: John Chittick | 2008-09-25 10:28:13 AM
Is there a reason Bill Clinton is making the rounds of the talk shows now?
From what I've read, he'd like a cat trying to cover up the litter box.
There is mounting evidence that during the Clinton regime, in the early '90s, that he and the Democrat-controlled congress ‘encouraged' the sub-prime mess with charges that America's lending institutions were ‘racist.'
That was because the percentage of home ownership among certain groups was lower than others.
Now, how and why the investment bankers eventually came up with the sub-prime vehicle is a different story, but one fact remains ... they would be unable to qualify for a mortgage.
So, their applications were embellished.
Wall Street is getting the rap now, but the politicians boasted in the late 90's that the percentage of home ownership in the US was the highest in history.
In 2002 and 2005, Republicans in congressian committees tries to tighten up the rules, but since they could not get the necessary 60% of the committee votes, the proposals never went to Congress.
Now, the law of uninteded consequences is coming home to roost.
If I were a US taxpayer, I'd be mighty peed off right now at the politicians. Hang on, Congress has an approval rating of 9% now and I'll guess the voters will punish somebody at the polls once the entire truth of politically correct lending practises comes out.
Posted by: set you free | 2008-09-25 11:23:06 AM
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