Thursday, September 25, 2008

Go Straight To Bailout. Do Not Pass Go. Do Collect 700 Billion Dollars.

Let me start by saying that I know very little about economics. Only slightly more than John McCain. I admit I do enjoy when the latest James Surowiecki column comes out, who is a much better person from whom to get your financial advice than Phil “Nation of Whiners” Gramm. But I digress…

I just want to briefly state that on principle, I am against this bailout. Bush’s speech last night, you could have substituted "gears of the economy" with "weapons of mass destruction" and it would have been word for word the speech he gave about invading Iraq. I don’t see any reason why there is so much pressure to immediately pass, under duress, right before an election, a bill that gives $700 billion to the Treasury Secretary, former CEO of Goldman Sachs, to dole out to the very swindling companies/cronies of Bush who got us into this mess, and to do so as he sees fit: “Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.” Except to try to pull yet another one over on us.

I'm sure something needs to be done, I just don't know if this is it. And I know that if Bush said it, it behooves us to be skeptical. Again, that’s neither here nor there since I don’t know all that much about economics. But one thing I really, really don’t understand is how they are close to passing a bill already and McCain hasn’t yet provided his brilliant insight and presidential leadership skills. Did they really not need him? How is that possible?

It’s almost as if he “stopped” his campaign and called off the debate as some sort of a political… what do you call it? When Evel Knievel would jump over a bunch of buses… but like different… When they have all those explosions and broken glass in a Jerry Bruckheimer film? What is the word? Damn it! When you want to turn off your brain and be distracted from the important things in life, staring mouth agape at the flashy colors and bomb blasts and machine guns, and mindlessly absorb the senseless violence and simple jingoistic dialogue. In those movies the actors have a double who does all the…

What’s that word?

FRIDAY UPDATE: Well, Magic McCain did accomplish something by swooping into DC the day after his numerous interviews and speeches in New York – he completely undermined the agreement the Republicans and Democrats had agreed to earlier in the day. And, of course, he won’t attend tonight’s debate if there isn’t a solution.

Hmmn… If he ends up skipping this debate, and there’s almost no time to reschedule, and people start thinking there should definitely be three presidential debates, not two. What do you think they might take off the schedule?

In case that wasn’t clear enough, I am, in no uncertain terms, accusing McCain of intentionally sabotaging the bailout bill so that he can cancel Friday’s debate and reschedule it for when Sarah Palin might have to be on TV. Because he knows as well as you do that she is dumb as a post. Country first indeed, Senator.

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