Thursday, October 9, 2008

The Bailout Blues

What the fuck is going on here? AIG gets $85 billion then sends their people on a $400,000 retreat and the government turns around and hands them another $38 billion? Are they on crack? According to this article on Marketwatch.com http://www.marketwatch.com/news/story/senate-chair-gets-mad-over/story.aspx?guid=%7BCDA1827B%2DFC98%2D4320%2D80E9%2DCD0239BDC80F%7D AIG has yet another retreat planned! And Wachovia is sending up to 75 of its brokers and their significant others on a cruise of the Greek Isles. This is beyond ridiculous! I have no words to describe how offended I am. Remember when everyone used to complain about the "welfare moms" who were driving Cadillacs? How is this any different? These companies are accepting bailout money and then continuing to behave irresponsibly. Talk about fucking hubris. Kudos to Senator Baucus. I hope he can actually do something to bring these greedy bastards down.

Look, I did NOT buy a house I couldn't afford. I didn't dupe stupid people into taking out adjustable rate mortgages on houses they couldn't afford. I didn't package up bad loans and sell them as securities. I didn't rate said securities as AAA. So tell me again why I'm stuck footing the bill for these shenanigans? Fuck every last one of them. Let the banks fail and they can all rot in hell. All my money's in liquid assets (aka wine!) so I've nothing to lose now that my 401k has been decimated. I can live on ramen. I've done it before. Let Wall Street feel what it's like to suffer for change. Maybe I'll never be able to retire, but if it means these bastards get what's coming to them, I don't care. I am too incensed to care.

I do have one really good idea for helping Wall Street out though. I know exactly how they can raise a ton of money. Did you hear how Lehman Brothers CEO, Richard Fuld, was punched in the face while running on a tread mill in the gym after announcing Lehman would be filing for bankruptcy? Knocked him right the fuck out, apparently. I know, it really is awesome! Now, wouldn't you like a similar opportunity? I know I would. I say we take all these Wall Street Fat Cats, especially any recipients of golden parachutes and any prick who goes on that cruise of the Greek Isles, and we line them all up and for $10 anyone who wants to can take their best shot. $20 for a shot to the groin! I think there would be plenty of interest from all the Joe and Jane Six-Packs out on Main Street, don't you? Look, I know violence is wrong, but I'm just saying.

3 comments:

Dee Murray said...

My outrage is so multi-level I could sell it as waterfront high-rise condos! I can't even begin to sputter out the noise that would explain my utter rage at having, once again, done everything RIGHT and STILL getting screwed.

Helen said...

Dee,

I'm so right there with you! It is just so unfair to make a decent salary and still be priced out of the housing market because of all this b.s. and then end up paying to clean up the mess in the end!

Imogen said...

The only good thing about this is the ramen....

http://www.foodnetwork.com/recipes/alton-brown/ramen-shrimp-pouch-recipe/index.html