i think we’re all in this together.

re: hope.

human nature i suppose to want to have hope.

One consequence of having the public bail-out Wall Street banks should be that top executives and board directors, the guys with the keys to the executive washroom, should have to accept minimum wage.

I’d take it in another direction. Replace the top executives with high school kids. They are going to be paying back this bail out. Might as well put the students in charge of their own futures.

And they will gladly work for minimum wage at this point in their lives!

If the NBA and the NFL can impose salary caps in the interest of “competitive balance”, certainly Wall Street can while the people of the USA are their largest shareholder/angel/white knight. After all, to echo Babe Ruth, Tom Brady and Kobe Bryant had much better years than the Masters of the Universe!

Shootthatarrow, you probably are aware that the Corporatism goes back into the 19th century; I find it ironic that Teddy Roosevelt was referenced re ’socialism’ today yet his anti corporate perspectives went nowhere and weren’t discussed.

the fact that nothing was done before to head it off, however, was not only bushco.

Did they expect to help the GOPer team somehow? Was the idea to push this pile of bad risk/bad due diligence bailout through a political hothouse of late election year theatrics and false urgency?

American Militarism and American Corporatism do not get much talk time or take apart from one American election to the next. Both are certainly not getting much in way of serious take apart or truth/consequence in this election.

American Corporatism has just been bailed out with a first installment of around one trillion $$ and it is certain more installments will follow.

It was said that only Nixon could go to Red China.

It can equally be said only a GOPer run Bush WH could produce this blatant example of big government helping the well to do but evidently not too smart well off with a big dose of socialized cost offset.

When the profits were blooming like dandelions in spring on the lawn these profits were “private” and off limits to meaningful taxation capture rates. These obscene downward “asset resets” however now become the domain of WashingtonDC/taxpayers money pour ins.

It would be edifying to see some “leadership” figureheads somewhere in this rats maze we call WashingtonDC who would clearly denounce anyone who now wants to pick political fights over imagined threats of American Socialism and income redistribution thinking and practices. The Pentagon and American Big Money and Corporatism do socialism everyday as is. The costs are socialized. The profits are privatized. Any shame over this rapacious ongoing conduct not to be seen,heard or found.

Edifying but not likely.

We are led by sheep and denizens of the chicken coop rather than lions or eagles in this WashingtonDC of this early 21st century America.