A few entertaining links to help lighten the mood as we slip and slide towards total government control of the economy everything:
- Hank Paulson’s bailout package, presented in a much more fitting manner- as Nigerian banking spam email.
- One of the clearest explanations of the Sub-Prime issues I’ve seen, plus, it has stick figures and explicatives to ease the pain.
- Want a Bailout of your own? Log on to Buy MY Shit Pile and give the government your best offer.
All this can be yours for the low, low price of $3,000 for every man, woman, child, infant, new born, and senior citizen in America.
Don’t worry though, come November, you’ll get to pick between McCain, who will support whatever bailout plan they all agree on at the White House tomorrow, and Obama, who will support whatever bailout plan they all agree on at the White House tomorrow, but I’m sure they’ll disagree on minor points, and you can pick between those! Ain’t democracy great? And people laugh when I say I’m voting 3rd party.
As a bit of an “I told you so”, Ron Paul predicted absolutely exactly this – the failure of Fannie Mae and Freddie Mac, the bursting of a housing bubble that The Fed has propped up, and an ensuing tax payer bail out of the industry – 5 years ago. Here is a speech he gave on Sept 10, 2003. He’s had many other speeches in the same vein. It’s the same kind of thing he’s been talking about since his 1st term in Congress in 1978, all the way through his campaign this Spring, and now his Campaign for Liberty.
It seems like he’s been interviewed by nearly every media outlet over this last week, and even had an op-ed piece on the front page of CNN’s website yesterday. It’s been interesting to watch all of this and see both how much exposure he’s getting these last couple weeks (especially compared to the total lack of attention the media gave his Presidential run), and how much everyone just nods their heads, and then keeps doing exactly what they were doing before.