Showing posts with label bailouts. Show all posts
Showing posts with label bailouts. Show all posts

Thursday, February 05, 2009

Dear Ms. Selfish Asshat

I received an email this morning that left me shaking my head at the total and utter selfishness of some human beings. I'd post it, along with the name, but I'm one of those dinosaurs who believes an email sent between people is a private conversation. But that doesn't prevent me from responding publicly. Names changed to protect the clueless:

Dear Ms. Selfish Asshat:

I read the tragic tale of your lost trust fund and how after three whole years of your life depending on it showing up in your bank account, you now find yourself in the job market with no skills, no ambition, no desire or ability to work and you want President Obama to help you instead of, as you so eloquently put it: "...all those welfare queens who sit on their fat asses all day."

Ms. A, you stated in your email that you are 38 years old. Who supported your privileged little ass for the three years before the free money kicked in? Did it ever occur to you to use the education your grandparents endowed for something besides a four year long fashion parade?

No, I can't relate to you not being able to buy any new clothes to go job hunting. I spend most of my time figuring out if the money I have left after paying bills will feed us for three days or four. Some months I actually have to decide if I want to eat food or late fees. And besides, I'm sure your closet is overflowing with suitable job hunting clothes because you did mention that being nicely dressed is vital to your self esteem.

Well, my selfish little friend, being able to pay my bills is vital to MY self-esteem. There are people every day losing their jobs, their houses, their retirement funds and you're whining because you can't afford an expensive new outfit? What the fuck is wrong with you?

But there is a bright spot in your utter and clueless selfishness, and that's knowing that there's lots of people like you who will be finding out exactly what I'm talking about. Right now you're still living on what your parents give you out of their rapidly draining savings account because as you said, there's nothing left of their investments except savings. You whine because you have to cut back on what you want. Wait until their savings is gone, and then you'll learn, as many of your privileged, selfish little peers will learn, that cutting back is nothing like you thought it would be.

I hope that moment of awakening will make you more compassionate, more tolerant, more able to take charge of your own life and grow some responsibility for your lazy, incompetent ass. If what is about to happen to you will also happen to a lot of other people who are in your position right now, then maybe we will grow up to be a better nation, maybe you'll understand how you and others like you represent the dying, failed and cruel policies of the mean and incompetent Bush presidency.

If not, then you'll just go hungry and your soul will be as empty as your heart is now.






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Monday, September 22, 2008

The Semantics of Welfare

For those of you who are a little bit confused now trying to wrap your brains around Bush and the Republican semantic exercise of differentiating between "welfare" and "bailout," here's a few examples to clear it up for you:


From the Independent comes an article about the Republican's version of welfare, i.e. bailout:

"Up to 10,000 staff at the New York office of the bankrupt investment bank Lehman Brothers will share a bonus pool set aside for them that is worth $2.5bn (£1.4bn), Barclays Bank, which is buying the business, confirmed last night." read more


And from the Progressive comes this version of those who are not worthy of the same safety net:

"Things can't get much worse than the House Republicans' welfare plan. In the "Personal Responsibility Act," the new House leaders declare that no one--no matter how desperate--is legally entitled to aid from the Government." read more

And then of course there's that overlying stench that has permeated anything coming from this administration for the last eight years: cronyism:

"What is important to note about the S&L scandal is that it was the largest theft in the history of the world and US tax payers are who was robbed.

The problems occurred in the Savings and Loan industry as they relate to theft because the industry was deregulated under the Reagan/Bush administration and restrictions were eased on the industry so much that abuse and misuse of funds became easy, rampant, and went unchecked." read more

And what do you know? Here's another Bush associated with the recent white collar thievery:

"Lehman Brothers(LEH Quote - Cramer on LEH - Stock Picks) has nabbed George H. Walker, the CEO of Goldman Sachs(GS Quote - Cramer on GS - Stock Picks) Hedge Fund Strategies, to be the global head of its $188 billion Investment Management Division, Lehman Brothers announced today.

Walker has already resigned from Goldman Sachs and could not be reached for comment. A spokesman at Goldman Sachs did not return a call.

Walker, who is President George W. Bush's second cousin, had joined the merger and acquisition group of Goldman Sachs in 1991 and became a partner in 1998. He soon grew to be one of the principal architects of Goldman Sachs' investment management strategy and was
overseeing a $70 billion group of alternative investments, including hedge funds of funds and private equity investments." read more

Get it now? They stole and stole and stole until there was nothing left to steal. So they stole from each other. And now we get to pay for it. Again.


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