Tuesday - September 23, 2008

Pelosi the Socialist Speaks Out

That’s right. It’s over. San Fran Nan was in her faded glory today, laying down the new rules for all the comrades in the finance industry. Socialism has arrived with a heavy hand, and Nancy P was there to rub salt into the wounds as hard as she could while doing her end zone victory dance. The woman is a red. There can be no doubt about it at all.

“The party is over. The party is over for this compensation for CEOs who their golden parachute as they drive their companies into the ground. The party is over for the disparity in our country between the CEOs making almost immoral salaries and not being interested in lifting other people up. The party is over for financial institutions taking risks but at the same time privatizing any gains they may have while they nationalize the risks asking the taxpayers to pick up the tab. So we can’t even consider any legislation that the Republicans send us unless it ends, addresses, and reforms compensation for chief executives, officers; unless it has protection for the taxpayers, that’s our responsibility. Certainly we want to stabilize the market, but we want to do so at the same time as we protect the taxpayers. We want to insulate everyday Americans from the crisis on Wall Street. In order to do that we must have independent oversight. The party is over for this no regulation, no supervision, anything goes, so called free market which has taken us to this place. Clearly the Bush economic policies have failed. Do we need any further evidence?

Not to put too fine a point on it, but isn’t “no regulation, no supervision, anything goes” the basic definition of a “so-called” free market? So part of the Pelosi Fix will include a Ben ‘n Jerry’s salary cap for all the Big Bosses. And lots of Big Brother oversight and rules and regulations. Financial institutions take risks. That’s what they are there for. It’s called investing. And, please correct me if I’m wrong, but isn’t this bailout the government’s idea? Or did the big houses come to Uncle Sugar, hat in hand on bended knee?

Yes, I think these guys are paid way too much. By about 4 extra zeros on their paychecks. And I think the guys who trash a company and then bail with millions ought to be shot. And I think these incentive payments to executives is way out of proportion. But that’s what goes on in private business. It isn’t any of the governments business. So, while I might ordinarily agree with Ms. Pelosi on these items, I’m going to call her out and label her the nearest thing there is next to a communist. Because she WON’T stop playing the blame game on this. Lizzen up beyotch: you are ALL to blame. You. Reid. Bush. Wall Street. Washington. Fix the mess. Fix it now. Don’t add a single bacon slice worth of pork to the package. Not a dollar. And then resign in disgrace. Seppuku comes to mind, but I’m not sure you had any honor to lose in the first place, so that’s too easy an out for all of you. You ALL let this happen, made it happen, watched it happen ... and played partisan politics and blocked a myriad of bills for YEARS that would have stopped or at least mitigated this disaster. So sod off. You’re Fired^tm. Now go away. Leave now, and never come back!

Posted by Drew458     on 09/23/2008 at 05:39 PM   
Filed Under: • Government • Insanity • Politics •  
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