Fucking Pigs at the trough, that's what unfettered capitalism has given us.
In a display of greed that is positively Enron-esque, Lehman Brother's paid out millions in executive bonuses, even as they were negotiating with the Bush administration for a bail out.
Again I ask, why aren't we rioting in the street?
Monday, October 6, 2008
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That makes me sick.
The Dow today is unglued. Not that I think it's bottomed out by any means.
Kona, I'm afraid you're right.
Because we know that the Rubicon has been crossed---that a brigade of the actual US Army is now tasked with keeping order? So if we riot, they will shoot us and run over us with Stryker vehicles? Is that why? Or is it still the hope that an election will change things?
Again I ask, why aren't we rioting in the street?
Short answer? Baaaa!
(slightly) Longer answer? Bread & Circuses
I don't know how these executives can square the asset-stripping with their consciences.
When our televisions go out, our electricity goes off, and you can't buy anything at the grocery store whether you wanted to or not.
THEN you'll have rioting in the street. And I'll be out there.
Meanwhile:
"Less than a week after the federal government committed $85 billion to bail out AIG, executives of the giant AIG insurance company headed for a week-long retreat at a luxury resort and spa, the St. Regis Resort in Monarch Beach, California, Congressional investigators revealed today.
(snip)
"AIG documents obtained by Waxman's investigators show the company paid more than $440,000 for the retreat, including nearly $200,000 for rooms, $150,000 for meals and $23,000 in spa charges."
Phew! It's a good thing the feds bailed them out, otherwise they might have had to forgo their pedicures.
Bee:
Consciences? I don't think this word is in their vocabulary.
I did think, however, that the bill Congress just passed had wording to prevent just such an occurrance. Was that excised in round 2?
I'll stay home and riot quietly by getting my degree and saving gas money. I can't change the execs by having a hissy fit, I'm afraid. After all, I lost my job and my former colleagues lost their meager bonuses and benefits so the bigwigs up top could keep theirs.
I wish I knew what would change them.
It simply boggles the mind. Utterly. Freakin. Amazing.
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