Bail Off

The Bush administration has done nothing right in eight years. With the intellect of a toddler and the mentality of a repeat offender, they branched from grasping 9/11 as a great tool to scare the American people to death (in Washington DC, many public buildings are surrounded by tank blocks) and then to go to an idiotic and fatal war in Iraq. They abandoned Afghanistan short sightedl about what it takes to finish moving the country from war to peace.

Of course, they destroyed the economy massively. Starting with a budget surplus provided by Bill Clinton, something his two Republican predecessors never succeeded in doing, they immediately designed a large donation to the deserving over rich through a tax cut the gave nothing to the middle class and the poor and and plunged the country again into the borrowing habit so beloved by Republican administrations.

Now when Banks collapse, Wall Street investment institutions disappear and people are losing 30-40% of their pension funds value, The Paulson geniuses have a great solution: lets give the rich a lot of more money; this of course will solve the problem. Exactly how might it work when the first try at the beginning of the 2000's didn't.

Why do we believe that Paulson will not try to give money to his friend. He may be a decent person, but he spend a life time on Wall Street and doesn't know how a salaried worker lives, gets money to pay mortgage payments, etc. Paulson believes that the world is Wall Street, everything else is secondary. With the outrageous compensation that Wall Street gives it managers, Paulson is too rich and too Republican to be the guy to solve the problem. He probably doesn't remember a house doesn't have 10 bedrooms and ten bathrooms.

The bail out is a major joke. We will have to bail out the bail out.