Blame Everybody, Especially Obama and the Democrats
September 19, 2008
By David Evans.
Let’s have an MFI, said the fly on the chariot. McCain connivers,
Friday morning, trotted out their press spokesman to decry the lack of
congressional oversight rampant from 1995 to 2007. Complicit in the
crime are a rogue’s gallery of thugs who profiteered from their
privateering. Some on the most wanted list still pull the strings.
“My friends, I believe that kind of accountability and responsibility
is missing in Washington today. That’s why I believe the chairman of
the SEC must resign and leave office and be replaced,” John S & L
McCain said Friday morning as the vulture market opened for business.
A close listening would have you believe he said FEC. “We need the
best federal agencies to do the job right.” None of McCain’s houses
are currently at risk, nevertheless proposed corporate governance rules
“will be reformed” by a proposed set of new rules to keep this from
ever happening again. What did we do with the last set of rules to
keep this from ever happening again? “It will not do to keep making it
up as we go along.” Let’s be nostalgic for a strong dollar.
World markets have been thrown on a roller coaster for a republican
ride, as McCain’s economic advisors whistle past the graveyard.
Populist McCain is a fraud. “The Obama tax hikes would make things
even worse for the working people of this country,” said Charlie
McCarthy, while Edgar Bergen (Phil Gramm) was seen sneering his old
smile. Tax cuts, jobs, opportunity, blah, blah, blah. “We’ll simplify
the tax code so that people can understand it, and do their tax returns
themselves. Wouldn’t that be wonderful?” The bidding war for the
allegiance of the American voter is escalating rapidly. “You will get
a tax policy that creates family prosperity…I won’t raise taxes on
income or investments…”
Today, Friday September Nineteenth 2008, in Green Bay Wisconsin, a
national mission was proposed. The alternative energy base proposed
will allegedly create millions of new jobs, especially in MI, WS, IA,
PA, and CO. Hmmm, the battleground map. President Carter’s vision of
alternative energy has been on the shelf for a while.
That’s the end of the speech to the Green Bay Chamber of Commerce.
McCain got the high sign that the opening bell had rung. The
ringmaster told the stage manager to pull the curtain while the best
boy reached for the hook. Exit Charlie McCarthy. He used to be a
maverick. Now he resembles nothing more than a huckster. “That trust
can’t be regained without fundamental reforms.” the fraud continued.
Sarah Palin left the stage alongside McCain. And the fraud continues.
All those flags won’t help McCain. Next week, we may see the New
McCain.
The other puppet went up minutes later, he was reading from the remote
control office of the unitary executive.
“Ill-liquid assets” are to blame, says Hank Paulson… “five million
homeowners now delinquent or in foreclosure”… “lax lending
practices” … “otherwise sound financial institutions”…”troubled
asset relief program”… “further decisive action”…”significant
investment of taxpayer dollars”…”prompt bipartisan action”… GSE’s
Fannie Mae and Freddie Mac will buy more “mortgage assets”…”so this
crisis will not re-occur” ,,,”the establishment of a temporary
guarantee program for the US money market mutual fund industry” …
“powerful tactical steps” …”working with market participants” …
“fundamentally and comprehensively address the root causes of our
financial system stresses” Wow. Not even Blazing Saddles contained so
much authentic frontier gibberish. The problem with the lofty
instruments applied to mortgage packages is “the inability to determine
their worth.” Shades of Drexel Burnham Lambert Michael Millken. Let’s
all invest quick. It sounds like the much-touted ownership society has
become the onerous society. We actually might have settled for a great
or good one. Is bipartisan support available for either?
What an entertaining hour.
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