Damn It Feels Good to Be a Banksta
Courtesy of LRC, a painfully funny Web cartoon on the $700 billion heist perpetrated last week--which apparently had no effect whatsoever on the global crisis. Does that mean we can ask for the money back? Count on this collapse of credit--caused by a combination of mindless populism (’Every American deserves a McMansion...") and affirmative action (”...even unemployed illegal aliens!") to be used as an excuse for making our economy more corporatist than ever. This is what happens when inconsistent/dishonest people claim the free market mantle, and shed regulation while trying to hold onto government guarantees. Privatize benefits and socialize costs for long enough, and soon the people will insist on socializing the benefits too. Which will then mysteriously trickle down Uncle Sam’s leg.
Comments
Brother Z. I was hoping you’d have a Lepanto Post today.
To all readers:
If you do not pray on a mat facing Mecca, thank a Catholic.
If your wife does not have to wear a Burqa, thank a Catholic.
If you do not have to make the Hajj, thank a Catholic
OCTOBER 7 1571
http://en.wikipedia.org/wiki/Battle_of_Lepanto_(1571)
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A timely read (always, but especially today):
http://www.bartleby.com/103/91.html
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“If you do not pray on a mat facing Mecca, thank a Catholic.
“If your wife does not have to wear a Burqa, thank a Catholic.
“If you do not have to make the Hajj, thank a Catholic”
Not Spartacus:
These are all good points save and except one small detail: They are a result of the Catholic Church of the past. The modern Catholic Church--at least the Church hierarchy--wants open borders. As such, it has become the West’s worst enemy.
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The sliver lining is this: Uncle Sugar and his Banksta will eventually go bust and when that happens the 50% or so of households who receive a check each month or every two weeks, from Gubbmint, will suddenly awaken to reality.
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“Collapse of credit caused by...”
LOL
You’re talkin outyourass Zmirak.
How much of this is mcmansion and minority based versus derivative and the routine “business cycle” contraction scam by the Fed?
Numbers, please.
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