bailing, one bucket at a time

September 23rd, 2008

I’m very amused by the responses I’ve seen to the Wall Street melt down, and subsequent government bailout. A group of people have posted the text of the proposed bailout online so that we the people can suggest edits.

One of the Senators poised behind the bailout, Senator Bernie Sanders, spoke in a forum this week stating,

“For years now, they’ve told us that we can’t afford — that the government providing healthcare to all people is just unimaginable; it can’t be done. We don’t have the money to rebuild our infrastructure. We don’t have the money to wipe out poverty. We can’t do it. But all of a sudden, yeah, we do have $700 billion for a bailout of Wall Street.”

An angry mob created the website BuyMyShitpile.com where instead of protesting the government bailout, you can post your bad investments in a plea to the government to bail you out as well.

And best of all, Obama’s got a new commercial comparing McCain’s healthcare reform plan to his support of de-regulation of Wall Street.

We’ve seen what Bush-McCain policies have done to our economy. Now John McCain wants to do the same to our health care. McCain just published an article praising Wall Street deregulation. Said he’d reduce oversight of the health insurance industry, too. Just “as we have done over the last decade in banking.” Increasing costs and threatening coverage. A prescription for disaster. John McCain. A risk we just can’t afford to take.

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