Monday, September 15, 2008

WTF?

I don't understand HOW the housing and mortgage crisis could have caused FannieMae, FreddieMac, Merrill Lynch, AND Lehman Brothers *all* to sink like hot rocks. I mean, hell yeah, some people bought inflated houses and now they're defaulting, but there's GOT to be more to this fiasco.

How about the dimension of ordinary people refinancing their houses and spending every dime on [sometimes] vacations and flat screen t.v.s but [more often] on paying off the credit card bills that filled in when they just weren't making it otherwise [no, no, no... we're not in a recession, America; it's just a slowing economy.. gag ...]

... or the practice of the scurrilous credit card companies SCREWING people for the tiniest of transgressions [a day late? $35 and STFU] ..

.. or the fact that tens of thousands of us [more?] are dealing with medical crises and/or job losses ...

... or the outrageous interest rates charged for student loans that ALSO are going to go into default ...

... or the whole greedy Republican banking, energy, and media FUBAR that lets corporations (American and global) bleed people until they're anemic and then gives the transfusion to the transgressors.

No, we don't need to fix health care, or credit practices, or higher [and lower] education, or oil fixation, or corruption, or lies and propaganda at the highest levels of government. Not a problem. Have another drink, or pill, or Dance with the Stars. It's fine. Really. It's just fine.

p.s. Did you say AIG? Did you say General Motors? Did you say trillions to wage war? Did you say Depression?

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