Gigglesnort (OOps)

Well, I tried to post a video, but I hashed it up. It was funny - once. Too bad I can't find it again.

Been thinking about the great cash rip-off that has been proclaimed a liquidity crisis. Well, la-de-honkin'-da. It was the political chattering class that got us into this "Diversity Recession" when Congress mandated the end of that non-PC-and-offensive-to-all-right-thinking-liberals practice of not loaning money to people that can't ever pay it back aka redlining. Now the same clowns want ONE TRILLION DOLLARS to unscrew the screw-up that they performed on the economy. And neither the Marxist or the socialist candidate for Grand Poobah gets it.

Let it crash. Propping it up with our money is a sure path to having the economy self-destruct in our childrens' lifetime (It's all about the chirrun...). Did us a lot of good to save Chrysler - it's circling the drain now. And yes, I know that the taxpayers made a (wee) profit when all was said and done from that bailout. Big honkin' deal. But now is the time for strong medicine. Let those who led us into this quagmire march us out again - without taxpayer money. Yes, I'm talkin' to you Chuckie Schumer, Mr Peanut, George W. Bush,Franklin Raines, Jamie Gorelick, BJ Clinton, - hell, McVain gets a chunk of the blame for seeing the problem and not forcing the Senate to change policiesas does every other gyrating Richard or whirling Nanny who has held elected Congressional office since 1980. NEWSFLASH BUNKY! CONGRESS IS RESPONSIBLE FOR FISCAL MATTERS. (HofReps has main responsibility, with Senate as a backup. *snicker*) As near as I can tell, about the only Washington folks who don't have a big chunk of the blame are Karl Rove, Dick Cheney and Barack Hussein Obama. And BO only gets a pass because he hasn't been at work for the last 2 years - he's been buffing his executive cred by "managing a campaign for President". Lovely Michelle has an interesting take on the mess.

All righty then. Now what? FM squared should return to the days of setting the fiscal lending bar at 2-3% foreclosures and no more bundling. They can buy mortgages on the open market BUT. Once it goes into the gov maw, it stops. No laying off paper to any other fiscal agency or body. Both agencies have an immediate 30% cut in budget for FY09 and the top salary availible to anyone in either group not to exceed that of the President. The US Government proved it is unable to manage a damn thing. Perhaps a return to funding only strictly Constitutionally enumerated services is needed. (I will sprout wings and fly around the room later that night on the day THAT happens.... A guy can dream, can't he?) But the response to this crisis is going to shape American policies and capabilities for the next generation. 4GW of financial-fu, as it were. If we don't get it right, we will probably wind up like Britain - with better dentistry and worse curry. That's depressing...

McVain is playing hardball w/ the request to postpone the debate. What's Bambam going to do? Besides call for more fetal stem cell research, I mean. (Anybody else notice that the only stem cell research that has shown any results was adult stem cell research? Nevermind....)