The Wall Street Vampires and Cannibals Are Eating Each Other! How Ugly!

Before there were a number of medical tests to resolve whether a person was actually dead, it was often difficult to determine if a person had really kicked his mortal coil, so to speak.

In a few tragic cases corpses became “decorpsed” right in their caskets after hours of containment and caused some bumps in the night. Old-time undertakers in extreme cases fastened a sharp stake to the coffin cover so that when the coffin was closed the stake went through the heart of the suspected “deceased.” This stake eliminated the “bump-in-the-night” that sent watchmen babbling hysterically into the night.

And then there is Count Dracula, the bloodsucking neck biter, waiting desperately for sunrise. A crucifix wasn’t enough to kill the midnight phlebotomist. Only a wooden stake hammered through the heart would suffice.

Wall Street vampires have been bleeding Main Streeters for years through credit card Ponzi schemes, skyrocketing interest rates, off-shore tax havens for the rich, and business contracts written in gobbledegook and Professor Kory legalese, absolutely incomprehensible to anyone with common sense.

Having bled Main Streeters white over the last decade, Wall Street cannibals have now turned on their own kind, eating each other in their lustful greed for the almighty dollar.

Supporters of Reaganomics and Bush Bullshit have tried, as No-Tax-Nut Grover Norquist has put it, to make government so small that they could drown it in a bathtub.
With this Wall Street meltdown, perhaps we can finally stuff unregulated, survival-of-the-fittest capitalism into the coffin, slam the cover, and drive a stake through its heart.

By the way, there is a huge bronze bull on Wall Street. That bull should be castrated the minute the coffin cover is slammed on capitalism without a conscience—and Wall Street CEOs should be sentenced to clean up the bullshit left by their excesses.

If You Want To Gamble With The Economy, Go To Las Vegas Casinos

I didn’t listen to Lurch when he hit the public with his quicky-in-the-alley three-page $700 billion proposition to further enrich his friends on Wall Street.

I think it’s funny that a normal $50,000 mortgage application contains an average of 15 pages in small type. So Lurch and his pals are trying to pull a fast one with a three-page application for $700 billion! He has no credibility with me whatsoever.
After 9/11 he told us to go shopping. It really hasn’t done any good. Over five years and 4,500 dead troops later, he has proven that shopping is not the answer.

The village idiot from Crawford, who has cried “wolf” and “fear” too many times, came out of his den and tried to convince the American people we were going to suffer Depression Two if we didn’t pass his Miracle Grow proposal.

Here was the liar’s halo around his head with the image of the mushroom cloud of Iraq, the tons of sarin gas ready to be dropped on U.S. cities, the bucket of water ready to torture juvenile detainees, the bathtub of New Orleans filled with Katrina, the anti-Constitution Patriot Act, and the rest of the Constitution shredded on his watch.

Are Families Too Rich To Fail?

The proposition made by Lurch and his boys is that some businesses are too big to fail. But with their proposal to present Wall Street with $700 billion of Monopoly money, they added another condition—some families are too rich to fail. Lurch wants to turn the U.S.A. into the United Socialist States of America (USSA).

Now that even the Republicans are trying to establish a socialist state, I thought it would be interesting to quote our only socialist senator, Senator Bernie Sanders of Vermont: “If a company is too big to fail, it is too big to exist (makes sense doesn’t it?). We need to determine which companies fall into that category and break them up. We now have socialism for the rich and free enterprise for the poor. The rich, once again, avoid their responsibilities.”

Sanders points out that since Lurch was in office, over six million Americans have slipped into poverty, median family income has gone down $2000 in real buying power, four million Americans have lost their pensions, consumer debt has doubled in seven years, and foreclosures are at an all-time high. The top 0.1 percent “earn” more money than the bottom 50 percent. The top 1 percent own more wealth than the bottom 90 percent. The wealthiest 400 people increased their wealth by $670 billion during Lurch’s administration. So the poor and the middle-class are supposed to bail out the rich on Wall Street?

Pure Capitalism Is Like An Untrained Puppy

Capitalism is not necessarily evil. It does not need to be driven by lust and greed. But it must have limits. Like an untrained puppy it craps all over the carpets, chews up shoes, and bites the neighbor’s kids.
Sometimes capitalism can lift all boats instead of providing yachts and canoes without paddles, but Republicans in the last eight years have let greed instead of the common good determine their deregulation of capitalism.
One economist said, “Everything done in this administration shifted from wealth for the sake of excellence to wealth for the sake of wealth.” How many rooms can you sleep in? How many steaks can you eat? How many expensive bottles of wine can you drink? How many cars can you drive?

Speaking of cars, I see that John McCain, who claims he was one of Ronald Reagan’s “foot soldiers” (who never balanced a budget or cut spending, but added $2 trillion to our national debt), owns 13 cars: one each of Toyota, Cadillac, Volkswagen, Honda, Ford pickup, Willys Jeep, Jeep Wrangler, Lincoln, GMC SUV, and three electric Gem cars. McCain is one of the great deregulators of our times. Maybe he was following Lurch’s mandate when he went car-shopping before the “surge.”

At this writing McCain is scurrying around the Senate chambers trying to fix our financial meltdown. Just a note: exactly 11 days ago McCain said: “The fundamentals of our economy are strong.” Is that good judgment?
But he wasn’t alone. Secretary of the Treasury Hank Paulson, who has a $600 million fortune garnered from Wall Street’s Goldman Sachs before his appointment in 2006, said the same thing on the same date.

You will be pleased to know that Paulson scorns his wealth by wearing a cheap watch instead of a Rolex. He is becoming Chicken Little around the world by screaming: “Wall Street’s sky is falling! Wall Street’s sky is falling!”

That great philosopher-king George Walker Bush said on February 11th, 2008: “Our economy is structurally sound for the long term.” The subprime mortgage debacle started long before that statement. I used to say that Lurch was not dumb; he just never made the effort to know anything. I think I will modify the first part.

Memories Of Enron, Kenny Boy, And The $6,000 Shower Curtain

Back in 2002 when Enron, Global Crossing, and Tyco went belly up because of fraud, off-shore fake bank accounts, $6,000 shower curtains, $2 million birthday parties, and inventive criminal accounting, a big meeting of Lurch’s economic “team” was held at Treasury.

Former Federal Reserve chairman Alan Greenspan, a devotee of Ayn Rand’s unfettered capitalism and free markets as outlined in “Atlas Shrugged,” recognized that Lurch’s capitalism was going over the cliff. He even yelled at his fellow conservative Republicans: “There’s been too much gaming of the system! Capitalism is not working! There’s been a corrupting of the system of capitalism!” No truer words were ever spoken.

The tragedy is he remained Fed chairman for four more years and didn’t do a damn thing about it. Now he says we are facing the financial crisis of the the century. Thanks for the info, Alan.

Ohio Governor Ted Strickland has organized a task force to examine why a full third of Ohioans are now unable to afford basic necessities such as food, fuel oil to heat homes, gas to get to work, and rent and mortgage payments.

Of course McCain’s head economic advisor, former Senator Phil Gramm of Texas, has already called these people “whiners” and “mental recessionists.”

The Gramms have done all right since he left the Senate. Wendy Gramm made hundreds of thousands of dollars from “Kenny Boy” Lay and his Enron Corporation before most of its executives ended up in jail. Phil became a big-time lobbyist and director for UBS, the huge bank based in Geneva, Switzerland. The yellow gold road from politics to the Millionaire’s Club has been taken by a lot of corrupt politicians. The Gramms don’t need a bailout.

At the beginning of the housing Bubblegate, the Ivy League business schools were deluged with applications for the Masters in Business Administration (MBA). In one year the big Wall Street firms paid out $62 billion just in bonuses. All those students from rich families wanted a piece of that action.

We even had a president with an MBA from Harvard who, as one cynic said, “pulled himself up by his wingtips.” One Harvard class in the late 1990’s sent 47 percent of its MBA graduates to Wall Street and the yellow gold road.

But they sent them without a sense of ethics. Former Yale MBA grad Michael Lissack, who spent hard time for getting involved with a get-rich fraud scheme at Smith Barney, now gives lectures on ethics at business schools. He admits “ethical education in business school is a joke.”

Maybe we should take that curriculum out of the coffin when we stick unfettered capitalism in. Wall Street should not be socialism for gamblers.

Over two hundred years ago my French ancestors got mad enough—when they didn’t have enough to eat—to puncture rich aristocrats in the posterior with pitchforks and raise them to the guillotine. We should get the forks ready.