![\"George](\"http:\/\/www.mikepellegrini.com\/Graphics\/stevebell512ready.jpg\")
\nI would like to protest the Bush administration\u2019s proposed $700 billion bailout of the financial industry.<\/p>\n
\nI would like to protest the Bush administration\u2019s proposed $700 billion bailout of the financial industry.<\/p>\n
What Secretary Paulson is asking for is a blank check \u2013 no controls, no real plan no nothing. And that, coming from the Bush administration is laughable.
\nPerhaps they can contract out the reconstruction of our financial industry to Halliburton? And if you\u2019re willing to buy that, I have a nice bridge you may be interested in\u2026<\/p>\n
The single over-riding reason the country\u2019s economy is where it\u2019s at right now is because of the Bush administration, and the feeding frenzy they\u2019ve allowed to exist for the last eight years. Capitalism in its finest hour. Bush\u2019s whole economic plan for the last eight years has been recycled Ronald Reagan era trickle-down economics coupled with lax regulations and no meaningful oversight.<\/p>\n
So what happened?<\/p>\n
What happened is they\u2019ve raped the economy, they\u2019ve raped the American taxpayers, they\u2019ve raped Iraq and Afghanistan, and basically, they\u2019ve raped the whole world.<\/p>\n
Greed run rampant, without controls; without reason or care.<\/p>\n
I say no. In fact, hell no!<\/em><\/p>\n Their own greed got them in this fix, then so be it. They made their own bed, let them lie in it. It\u2019s time to sink or swim. That\u2019s real<\/em> capitalism.<\/p>\n This is time for natural selection to have its run.<\/p>\n Not one public penny should be paid to any of these corporations!<\/p>\n The executives of these corporations should be tried for criminal negligence and have their personal wealth confiscated. They can use that to bail themselves out.<\/p>\n Any public money paid out should go directly to the actual mortgage holders. I would like to protest the Bush administration\u2019s proposed $700 billion bailout of the financial industry. What Secretary Paulson is asking for is a blank check \u2013 no controls, no real plan no nothing. And that, coming from the Bush administration is laughable. Perhaps they can contract out the reconstruction of our financial industry to […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-110","post","type-post","status-publish","format-standard","hentry","category-politics"],"_links":{"self":[{"href":"https:\/\/mikepellegrini.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mikepellegrini.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mikepellegrini.com\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mikepellegrini.com\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mikepellegrini.com\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=110"}],"version-history":[{"count":0,"href":"https:\/\/mikepellegrini.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/110\/revisions"}],"wp:attachment":[{"href":"https:\/\/mikepellegrini.com\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mikepellegrini.com\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mikepellegrini.com\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nAnd so now, after reaping the fruits of their ill-gotten labors \u2013 where their house of cards finally fell apart \u2013 we\u2019re supposed to reward<\/em> the bad behavior of all these corporations and reward their greedy executives by bailing them out \u2013 buying all their bad loans. And all without any oversight or real controls \u2013 or even a detailed plan? Particularly where the executives keep their $1 million salaries?<\/p>\n
\nThis crisis will be a grand part of Bush\u2019s lasting legacy to the American people. He\u2019s going to be remembered as a latter-day Herbert Hoover.<\/p>\n","protected":false},"excerpt":{"rendered":"