Saturday, October 4, 2008

When the Deal goes Down......

The Global Outrage of an Educated Man........vol.75
They did it. It is done. It's finished. Signed and sealed and hopefully it will deliver us from the brink of extinction. Although, I still plan to get eyeglasses as soon as possible, because when it all falls apart in the end and the players are left watching the house of cards that they've built come crashing down, it's not going to be easy to get saline solution and disinfectant for contact lenses when there is widespread looting and murder over fossil fuels at the gas pumps. What we've seen in the just the last 8 years is right on schedule with a end date of December 22, 2012. We've witnessed 9/11, Hurricane Katrina, The Mortgage boom and bust and now the credit crisis. What they told us was $700 billion, will probably cost us $5-$10 trillion. Of course they are going to low-ball us. Why not? The average American is clueless anyhow. So, we now have Henry Paulson, who was once head of the investment firm, Goldman Sachs, to be the lone man in charge of pricing and buying the bad debt. The man who was partly in charge of creating those exotic mortgage backed securities known as collaterallized debt obligations, is now going to be the one to help "bail" us out. That's right. We're all in jail, we're all enslaved and only a few of us know it. I have to believe that Goldman Sachs will be one of the first firms with their hands out to get "bail" out money. Just a hunch. It is the fox guarding the chicken coop. Nice. And people, the Federal Reserve is not a government entity. It is not controlled by the Federal Government in any shape or form. What we should've done is nationalize the Fed and thus kick that group of private bankers out and back to the rocks from which they slithered out from. JFK once tried to nationalize the Fed and look what happened to him. Seriously. Look it up. So instead of doing that, what we've done is created a fourth branch of government. A branch of government in the hands of one man. Hank Paulson. Let's hope he does a good job. Wink wink, nudge nudge.
On a much lighter note, I plead everyone to go and check out the band, Fleet Foxes. If you like the fall and the changing colors of the leaves, then you'll love the Fleet Foxes. My Morning Jacket meets Neil Young and Nick Drake out in the woods and they decide to jam on some wooden stumps. Good good stuff. Right up there with Lamontagne. See ya tonight Ray at the State Theatre. Awesome.
Much peace, love and happiness to all.
"I will make them famous, you will know their names." John "The original Maverick" Mccain

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