Saturday, October 4, 2008

bailout? you betcha!

What times we live in here in the ol' US of A. In the midst of a presidential race that shouldn't be close but is, we are facing the greatest economic crisis of at least my time (that's what they tell us, anyway). And after watching Bush dismantle social programs, veterans' benefits, and much more over the last 8 years, while spending nearly a trillion dollars and thousands of lives on a useless war, what does Bush and Congress do but take $700 billion of OUR money to "rescue" the economy. How are they "rescuing" the economy? Not by creating jobs, reducing health care costs, or any other option that would truly benefit the people. No, they are giving away our money to their already disgustingly rich Wall St. cronies who fucked up the market in the first place! Now, I will admit that I am not an economist and in fact don't know shit about the market, but it is clear to me that there is obviously a systemic problem at hand, and instead of fixing the problem, our leaders are putting a very expensive band-aid on the problem. I'm a doctor, but you don't have to know anything about medicine to know that when you're looking at a gaping wound with tons of blood loss, a friggin' band-aid ain't gonna hold! My feeling is that we should let the market collapse, come what may, analyze the wreckage and figure out what caused this (hmmm...Reagan-style deregulation perchance?) so that it doesn't happen again. Most importantly, don't use OUR money to save the asses of these greedy fat cats. But, back to reality, yesterday the House caved in and accepted this $700 billion give-away, despite the protests of the vast majority of Americans. Gee, in case it wasn't already clear, who does the Congress and the President really serve? Indeed, what times these are (property in Nova Scotia is looking better and better all the time!)

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