subway cat gets stuck up

[franksolich]

http://journals.democraticunderground.com/undergroundpanther/118

Oh my.

I can't find the original bonfire, so this is from the "journal" of the subway cat--and so be forewarned that if one goes to the link above, there's a photograph of the subway cat in all her colorful glory.

My apologies for its length (although I myself read the whole thing; psychiatric interest), but one can just randomly select a single paragraph and read that instead, if one doesn't want to plough through the whole thing.

23 reasons this bailout is a stick up and worse.

undergroundpanther     Tue Sep 30th 2008, 03:12 PM

Let me start with this..

It is obvious as jobs go overseas that America has become a DEBTOR nation which means we don't even OWN all of our own country anymore.China owns alot of OUR country because we are in DEBT to them for all the cheap or toxic Chinese goods we imported,and than hand China IOU's for it. What if China said pay up up on those IOU's USA? WE WOULD BE Sooo ****ED..Walmart would be freaking out for sure.
On top of being a debtor nation who likes things cheap as possible(read something for nothing) we do not PRODUCE much of our own wealth here anymore. This is a HORRIBLE position for a nation to be in.

When was it decided that America would be a DEBTOR/CONSUMER nation? How did that come to be? And how is being in hock up to our eyeballs consuming and consuming but not producing all that much wealth to export suddenly become sound financial planning?

And..Wall street it does not NEED this bailout RIGHT NOW.

It can WAIT. Don't let Wall street pigs EXTORT the American People with this stick up, the fear is all bull shit.Let the banks holding guns to their own heads threatening doom, shoot themselves.

I oppose the bailout Because...

# 1 Bernanke and Paulson can not explain the problem that caused this mess coherently.Maybe they can't think of a plausible lie that would sound good enough or complicated enough to justify bamboozling people to accept this stick up.

#2 These are toxic trash loans the government would be buying from the banks..They cannot be "valued" accurately.Really nobody knows the actual value of these bad assets the banks claim they won't touch it.Would you invest in something that you had NO CLUE of how much it was worth,or would you? Would you buy it if you knew it was worthless and just hold onto that four leaf clover and rabbits foot and hope you didn't just do something you will regret? Would you buy it after the bubble busted and everything drops closer to it's actual value.. meaning the inflated cost of 7 billion dollar bet is mostly lost money once actual values of said properties return to sane levels.

Say goodbye to universal health care.Exactly what these bankers DO NOT want us to have.Because foreclosures go to the BANKS,and the biggest cause of foreclosures? MEDICAL BILLS.And Michael Moore is correct on THAT.

#3The 700 Billion number was pulled out of someones ass, literally .They just picked a REALLY BIG NUMBER. NOW that's real sign of having financial smarts isn't it? And that isn't including the $1 trillion or so of the money about to arrive to the banks when all those Adjustable rate mortgages start going up next year.These wall street pigs speculate to create bubbles of speculation without creating ANY wealth to back it up. No wonder it POPS and the American people LOSE..

#4 Ever notice how the market jumps when people lose jobs or disasters occur or war breaks out? See Naomi Klein's book Shock Doctrine.

#5 There is a minority of powerful people,Who own too much.

#6 Short Sellers and Upticks.

Short selling thugs claim that removal of the uptick rule had nothing to do with this market fall. BULLSHIT!! The evidence proves it DOES. When this abusive short selling shit is controlled and regulated or even eliminated..Remember SEC did this with a temporary order, financial stocks recovered a little. If you want to prevent criminal short selling, and the shit that causes this kind of mess, reinstate the uptick rule.Dammit.

#7 If Goldman claims that current prices are such a bargain why aren't’t other private parties rushing in to buy them and there is no market for them?

#8 Why use the bailout $$ just to prop up middlemen that do nothing of real value and shift numbers around ,gamble with other people's money and get overpaid for it?

#9 “The world,” explained Iranian President Mahmoud Ahmadinejad, “no longer has the capacity to absorb fake U.S. dollars.”

#10 America and its citizens need to learn how to better live within their means.It means saving up for a big purchase.Or going without it and asking do I really NEED this? Or learning how to barter and Share.

#11 all the banks and other corporations WHO DID NOT BUY INTO THIS GIANT PONZI SCHEME WILL BE JUST FINE.It is the criminals that will have to take the hit,and SHOULD.

#12 This mess is the result of HOUSE STEALING.

Why are the housing brokers being investigated by the FBI for?

(regardless of what's built there LAND is a kind of wealth,because if you exist you need a PLACE to exist at.This whole speculation bubble the arms all of it was a land grab to force people to have no place to LIVE.Without having to PAY someone to exist there,and if they can't afford it,they'll be homeless and therefore they can be controlled.made to heed a 'master, maybe a financial dictator like Bush's buddy Bernake?..

#13 And have you noticed?? This bailout drama,and all the fear mongering,and such has successfully DISTRACTED US from these SERIOUS FBI investigations into major players in the speculation and housing markets that created this mess doesn't it?

#14 It is not NECESSARY!! OR URGENTLY NEEDED NOW!!!

#15 This part of the original bill said:

"Decisions by the Secretary pursuant to the authority of this Act are non-re-viewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency. This puts the Treasury's actions beyond the rule of law.

This is a financial coup d'etat"

Since Paulson had the AUDACITY to put that kind of language in the original bailout.. why on EARTH would you TRUST these traitors to do what's right for the PEOPLE??

Isn't it kinda stupid to give money to such treasonous greedy criminals? Criminals UNDER INVESTIGATION already by the FBI.

#16 Ben Bernanke, secretly handed over $200 billion in a tryst with *mortgage bank industry speculators*. Bernanke was using government taxpayers money to fund that 200 billion.

If He can just pickpocket 200 billion and it disappears what do you think will happen with the 700 billion?

#17 Bush has already sidestepped congress and gave $680 Billion of OUR money to wall street criminals..
680 billion Plus 700 billion Equals ****!! Add in the TRILLIONS we already have in Debt before all this shit and it's Double ****!****!

Bush has ignored congress before concerning large sums for his cronies.What makes you think he won't do it AGAIN.

#18 This bailout will be at least $700 billion in new debt on top of the existing $9.8 trillion national debt.That 700 billion will double the budget deficit overnight. There will be more and more bailouts until this criminal pyramid scheme collapses.
Looks like it already has started more bailouts bush went over congress and bailed out at the tune of 680 billion now this 700 billion is ANOTHER bailout on top of all the other bailouts...

#19 This has opened the door for McCain and right-wing House Republicans to posture as opponents of Wall Street and identify themselves with massive popular opposition to the bailout. The faction of House Republicans who have denounced the measure represents right-wing libertarian elements within the party who identify social spending and government intervention in the capitalist “free market” with what they consider the ultimate evil—socialism.

#20 Taxpayer money in tends to disappear without a trace.12 billion went poof in Iraq..

Between April 2003 and June 2004, $12 billion in U.S. currency--much of it belonging to the Iraqi people--was shipped from the Federal Reserve to Baghdad, where it was dispensed by the Coalition Provisional Authority. Some of the cash went to pay for projects and keep ministries afloat, but, incredibly, at least $9 billion has gone missing, unaccounted for, in a frenzy of mismanagement and greed.

#21 WRONG PRIORITIES!!

Isn't it strange this government claims it simply cannot afford universal health care or effective poverty reduction or to fund any number of programs that would improve the lives of poor and middle class people can overnight find billions of dollars to save the greedy pigs who ran these Wall Street scams? Why do they waste so much on so FEW who already HAVE so much? WRONG PRIORITIES.

#22 We will face financial hardships either way.Bailout or no bailout. Because Debt is not real wealth,even when a smooth talking con man tries to tell you it IS.A mortgage is a debt until it is paid off you do not OWN the house until it is paid off.And if you do not pay property tax after you have paid off the banks you can still lose your house. WHO owns it really?

The top 1 percent wealthy that own around 80-90% of EVERYTHING.

The 1 per centers extorting OUR government right now! And causing wall street to shake,if they don't get their way NOW.The top one per centers are having Temper tantrums because they can't get what they want,basically which is to be financial dictators.And Abuse the people financially in any way they want to..

#23 The Ownership society. The right wing believe in the Divine Right of Kings.It is a core belief of Conservatism. The right wing tyrants wants full spectrum domination of we the people.The PNAC spells it all out,folks..The bullies want a feudal/theocratic state. They will do ANYTHING to get what they want like petulant children. A society made of Masters and servants,and no one else. Made of owners(Lords) and Peons totally dependent upon fawning and pleasing these land owning bullies for their existence and they will be by their own needs forced to obey the massah of the manor..or else.

Find out what conservatism really is.

You know, considering the age of the subway cat, considering her psychiatric lunacy, considering the social programs, one rather suspects that the subway cat has contributed more than $700,000 to the national deficit and debt.....

That ain't peanuts.

I think the subway cat needs to work for a living.

[Chris_]

UGP needs a man...

This one just became available.




http://www.telegraph.co.uk/news/newstopics/howaboutthat/3265474/Tattooed-Leopard-Man-leaves-hermit-lifestyle-behind.html


 

[DixieBelle]

Hahahahah!!!!! Ewwwwwwwwww....

You know, with all of that effort she/he/it puts forth on the internet, you'd think she would make a good library custodian or something. There's a lot of highway trash that needs to be picked up too.

[Chris_]

I couldn't make it past "let me start..."

I scanned it and it looks like the usual rantings of someone who doesn't know the difference between "supply and demand" and "quantity supplied and quantity demanded."

People who think since they have keyboard their opinion is of any consequence are the same people who think the same because they have a mouth.

Lots of words to be ignored by the interwebz.

[Vagabond]

Well, UP, I'm not an economist, but I am smart enough to get banned for posting on DU.

Here is what would have happened if the world capital system froze up.  Everything would quickly drop to only the value it has right now, at this very moment.  Farmers in Southern Hemisphere would miss their window to put in crops, because they need capital to buy seed, fertilizer, herbicide, pesticide, equipment, and gas to plant their crop.  Of course, the value of their crop won't be realized for months.  Since they didn't plant their crops, food prices will begin to shoot up beyond your imagining.  The world food supply, currently about 45 days, would drift into the 7 to 15 day margins by next April.  Starvation would be widespread in the third world, and very likely we would see a few wars over it.  We were dangerously close to this scenario.

If the problem persists into the northern hemisphere planting season in March and April (or if a crop failure hits the northern hemisphere), you get global starvation.

Everything I am typing is truth.  It is verifiable.  It is also the second most direct example that UP might understand.

[Tantal]

Actually, it makes a few good points. Too bad the schizophrenic subterranean feline screws it up by putting her 2-cents-worth in on other social issues.

[Toastedturningtidelegs]

Not really sure why UGP is worried about this! She doesn't work and doesn't pay taxes anyway!

[franksolich]

Not really sure why UGP is worried about this! She doesn't work and doesn't pay taxes anyway!

The subway cat's worried about it because subconsciously the subway cat knows that people who work and pay taxes support and maintain her.

The subway cat's looking at the end of the gravy train, and might find it necessary to don an orange vest and hop aboard the bed of a pick-up truck.

[jukin]

The highest concentration of people (& I use that term loosely) that want something for nothing is at the DUmp.

Like 99.9% of all DUmbass posts, projection be thy name.