NO Bailout 2.0! Suspend Mark to Market NOW

Alright Hank, Ben, George, Nancy, Barney and the rest of you - time for the defib. Your antics to attempt to bully the taxpayers into this mess have failed. Sure you're going to still try to ramrod this mess down our throats. Let's hope those who stood firm can remain that way.

What next? Well read this from the Newt (suspending mark to market). Questions - why have we not done this yet and why wasn't this always our first action?

Don't let Washington try ramrod a Bailout 2.0!!
"We the People" spoke resoundingly and many actually listened. For those that didn't - if you are still committed to running for re-election - have a nice life as a private citizen again - you're out!

Advice for "We" - keep shouting at them. Keep expressing your violent discontent and disdain for attempts to destroy this democracy.

Remember - they're ALL up for re-election and now more than ever - "We" have the voice and the power to influence the outcomes.

IN ORDER TO FORM A MORE PERFECT TOXIC DERIVATIVE

"May you live in interesting times" - that would be NOW.

So much news, politics, administration guns to the congressional head, opinions about the "great bailout" or per King George - "rescue plan".

Blogitations to ponder yourself:

1) Why not allow the inevitable to occur - perhaps a real cleansing contraction is needed, timely, and indeed an eventuality. That's right - embrace the "end times", accept the fact that an asteriod will wipe us out and that JellyStone is going to burp big time soon. Remember that forest fires in the wild produce new growth and life as a necessity of nature. Well?





2) OK - perhaps (1) is a little too dire, a fait accomplis we choose not to acknowledge - let's just take some SSRIs (you know - all those great drugs we see advertised all the time) and call congress in the morning. "Oh we're putting $700B at risk to bailout our collective past sins which will avert a global economic catastrophy and we all feel great about it" - that's nice!




3) Oh, by the way, the airquoted bipartisanship seems to violently agree that we should punish the leaders of these bad, wicked, and evil firms. Gee - what about 8 to 16 years of congressional banking committee hearings, treasury secretaries, SEC chairmen, and a very "un"-reserved "Fed". Its sickening but somehow completely unamazing to see our elected "leaders" televising shock and dismay - give us all a break gang. Show some honor and don't run for re-election.





4) Well (deep sigh) enough bellyaching. Here's a constructive set of ideas - I hope you'll blogitate further on:

- We didn't see congress authorize $700B to prosecute a war based on the big airquote "FACT" that Uncle Saddam had big time WMDs. - NO - the money was dolled out in bits and pieces. Therefore - why does this need to be authorized in one lump sum?

- Congress and the Administration are just as responsible for this mess as the portion of the investment, mortgage, and financial community that ran up the risk and levels of toxicity - the gang in DC did NOTHING - remember this! Therefore, the poor performance needs to be recognized with removal from their jobs. Let's get on with wholesale cleanout. Time for "We the People" to speak and act.

Anyone who votes for the measures underway should not be allowed to enjoy the priviledges of office after November.

If your congressional representatives and senators are up for re-election - check their vote on this issue. Read their statements. Remove them from office if you don't agree with their vote.

Clearly most are not acting for "We The People"

Ike

Where is Tina Turner when you need her!