Mrcauser’s Weblog

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Socialism R Us…….

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The Empire has imploded upon itself perhaps destroying what gave the world a vast magical wealth machine pretty much guaranteeing that if everyone works everyone eats. We have been on the cusp of giving literally everyone on the planet a real chance at 3 meals a day, roof over their heads and shoes on their feet.

This machine was called Capitalism.

Now history takes a step backwards and we all work directly for the government. Beg the government for loans. Retire if the gov. deems it appropriate. And shit when, where or if the government decides (literally anywhere on the planet).

This machine is called Socialism.

In the last couple of days governments have gotten together and grabbed all the money by nationalizing the global banking industry . This is means the ones controlling the governments will completely control the money.

And who ever controls the money controls all of us.

I’m thinking it might be a good time to become Democrats and hold our hand out for crumbs at the new table. Here’s the proof:

a href=”http://www.foxbusiness.com/story/markets/economy/fleshes-plan-buy-stakes-banks/”>U.S. Fleshes Out Plan to Buy Stakes in Banks – FOXBusiness.com

Joanna Ossinger
FOXBusiness

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President George W. Bush 10-14-08

U.S. officials announced Tuesday morning a broad range of measures designed to shore up the struggling financial system, including the purchase of stakes in some of the country’s largest banks and guarantees for most new debt issued by insured banks.

President George W. Bush made a general announcement just after 8 a.m. Eastern time about the developments, and Federal Reserve Chairman Ben Bernanke, Treasury Secretary Henry Paulson and Federal Deposit Insurance Corp. Chairman Sheila Bair held a joint news conference later that hour to elaborate on the planned steps.

“Clearly the time had come for a more comprehensive and broad-based solution,” Bernanke said at the news conference. “Waiting too long to act has usually led to much greater direct costs of the intervention itself and, more importantly, magnified the painful effects of financial turmoil on households and businesses.”

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Written by mrcauser

October 14, 2008 at 5:46 pm

Posted in Uncategorized

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