tisonlyi

Look, all of this crap is ENTIRELY based on a 'capitalist' system that knows, without doubt, that if its entity is in trouble it will, most likely, be bailed out in one form or another.

Markets are fine, so long as risk is REAL.

The only thing that this bailout will do is delay the inevitable meltdown, by months.

EDIT:

Oh, please, let me just add, as asides, that I've just been discussing the candidates with a Republican girl from Chicago (we got into the discussion because i unthinkingly asserted that she must be voting for Obama) who, after telling me that McCain knows what is right for America (*cough*) took another toke on the joint I passed over.

The hysterical laugher she provoked caused her to leave the bar.

The almost violent inability to accept reality that is palpable next to any US-ian i've been near in the last ten years is EXACTLY the reason why no reasonable action will be taken in the face of this crisis, there'll be no end to the culture of debt and there'll be carnage in America and the rest of the world while Pax Americana dies.

Sorry.

(I might be a tad extreme here, I've just fought off a couple of muggers - after walking through a heartbreaking market of people selling their heirlooms to pay off debts. I stopped to ask. I'm not joking.)

By the way, the joint i passed her had not been raised to my lips, nor inhailed. Just makes me sleepy.

__________________
"I do not agree that the dog in a manger has the final right to the manger even though he may have lain there for a very long time. I do not admit that right. I do not admit for instance, that a great wrong has been done to the Red Indians of America or the black people of Australia. I do not admit that a wrong has been done to these people by the fact that a stronger race, a higher-grade race, a more worldly wise race to put it that way, has come in and taken their place." - Winston Churchill, 1937 --{ORLY?}--