Can we promise never again to elect Republicans and their b.s. non-oversight leave it to big business to regulate themselves ideology stuff the government with cronies ideology ever ever again?
The economy shed 533,000 jobs in November, according to a government report Friday – bringing the year’s total job losses to 1.9 million.
November had the largest monthly job loss total since December 1974.
According to the Labor Department’s monthly jobs report, the unemployment rate rose to 6.7% from 6.5% in October. Though lower than economists’ forecast of 6.8%, it was the highest unemployment rate since October 1993.
Economists surveyed by Briefing.com had forecast a loss of 325,000 jobs in the month. November’s monthly job loss total was greater than October’s revised loss of 320,000. Payroll cuts in September were revised up to 403,000.
This is good news for Rudi Giuliani.
Right. It was deregulation and the lack of government oversight that caused all of this.
Man. Talk about stupid.
If it didn’t cause it, it sure didn’t stop bad becoming horrible, did it Jay? At what point does conservative dumbassery cause you guys to step off your high horse and concede your ideology is a huge bullshitty failure?
With the spin coming after Saxby’s fully expected win in the run off election in GA we can say they will never concede failure. I think it is funny that Saxby did not actually win on election day in the blood red state of GA and now they call it a win showing the Obama mandate is over! Think of how many more jobs will be lost before January 20th and add a couple failed auto manufacturers, part suppliers, auto accessory suppliers, a bunch of dealerships, and some newspapers to that tally. Quite a legacy of failed ideology that will never be their fault.
Right, Jay, sorry, it was Fannie Mae and Freddie Mac that done brought the whole economic house down. The global investment community had no way of holding themselves back from not only purchasing their mortgage backed securities, but everyone else’s too! In fact, F&F was practically like crack to them; once they had that first sample of sweet, sweet CDOs, they just couldn’t help themselves. It was like the U.S. Government had become the drug kingpin to the entire investment world!
I mean, you have to ignore the fact that Countrywide demanded that F&F started buying their subprime products since everyone else was already doing it, and that F&F actually got into the game late. But that’s ok, right? We don’t need to be concerned with that.
Nor do we need to be concerned with unregulated derivatives like Credit Default Swaps that have tied the entire financial community together so tightly that this failure has taken them all down. And it’s not even worth mentioning that once even the number of crappy homebuyers couldn’t satisfy their addiction, the investment community started making CDOs out of Credit Default Swap insurance and selling those, too. That’s all a bunch of liberal crap, right?
Speak the truth to power, Jay! Your country needs you!
It was deregulation and the lack of government oversight that caused all of this.
That is correct sir.
Oliver laments the economic implosion and loss of jobs, but is in reality an anti-union conservative economic darwinist when it comes to the millions of auto workers facing the loss of their livlihood. What gives here?
but is in reality an anti-union conservative economic darwinist when it comes to the millions of auto workers facing the loss of their livlihood.
I’m confused. Where, specifically, did O-Will reveal himself to be “anti-union”?
And why can’t fella lament economic implosion but not sign up for a bailout?
This may sound funny – but actually Karl Marx is to blame.
Most people think of Communism and dear old Karl. Which is true(ish), but not completely. Karl produced very little work about “socialism/communism” but a great deal about the intrinsically fatal flaws of capitalism.
To paraphrase it he summed up the ultimate tyranny of capitalism this way (my apologies to the deceased Mr. Marx): A smart business will see that there is a shortage of potatoes in country X but a surplus of potatoes in country B. When there is a surplus prices drop – so the business man buys cheap(ish) potatoes in country B ships them to country X – and because there is a shortage of potatoes their prices are high – he then sells his potatoes for a very nice profit. He then takes his newly increased “capital” and looks for other opportunities.
That’s what a smart business man does, Adam Smith’s “invisible hand” at work to the benefit of all – classic capitalism 101.
However, the smarter businessman understands that if he CREATES shortages and surpluses and gains either a monopoly or oligopoly control of the markets he is manipulating then viola – instant – excellent – on-going but slightly crooked profit.
This is the “Marx Predicted” Capitalism, which has now destroyed the world’s money markets, the American economy and most of the world’s economy.
Why didn’t this happen back in the 1800’s you say? IT DID. We called it the “Robber Baron” era. After that – the capitalists READ Marx’s book, “Das Capital,” and their governments kept just enough regulation to ensure that labour was cheap and plentiful, capital reasonably cheap and regulation was just enough to stop totally rigged markets.
Everything was going swimmingly until capitalist governments got so confident they kept removing regulation after regulation after regulation – the end result – OOPS – DIDN’T WE USED TO BE A WEALTHY NATION?
Karl, you sneaky old bugger – why didn’t you remind us to keep re-reading your book periodically.
And in other news. Anyone think this drastic downturn in crude prices will hold or are in really in a setup to rescue the big 3?
Shorter Jay:
“It’s all Clinton’s fault!”
“At what point does conservative dumbassery cause you guys to step off your high horse and concede your ideology is a huge bullshitty failure?”
This country was built by people willing to work hard and take a chance. They ultimately support all the rest of you.
An ever growing government stifles economic growth and prosperity, making it ever harder to create wealth.
I sincerely doubt Oliver can even articulate what conservative ideology is, let alone critique it. Before you throw stones perhaps you would like to address some of the players who carried water for some of our failing industries and the favors they granted and the donations and special favors they accepted.
Did any of you catch the amusing zogby poll that contrasted Obama voters and McCain voters on their grasp of current events? It wasn’t even close.
Did any of you catch the amusing zogby poll that contrasted Obama voters and McCain voters on their grasp of current events?
At the risk of proving your point for you, AO, I call. I think you’re referring to the Zogby poll that, contrary to your characterization, painted no contrasts at all because it surveyed Obama voters only.
Am I right or not?
I sincerely doubt Oliver can even articulate what conservative ideology is, let alone critique it.
“Fuck anyone who isn’t a rich white guy”.
“This country was built by people willing to work hard and take a chance. They ultimately support all the rest of you.”
Fucking hell, you are stupid. Economic mobility is way down. It takes a lot more than a bit of pluck and determination to make it these days.
“Did any of you catch the amusing zogby poll that contrasted Obama voters and McCain voters on their grasp of current events? It wasn’t even close.”
Yes, and as someone who took basic psychology in university, I can tell you that was a piss poor poll. It is meaningless, because it was poorly designed and the questions were mostly vague or misleading.
Hell, they asked a question where the actual answer wasn’t provided.
AO? Hello?
Weren’t you saying something about “knowledge of current events”? I’d like to hear more about that, please.
C.S.
Wow, your attitude and thought process is exactly the antithesis of what creates prosperity. If Americans had traditionally had your attitude the far west would still be way way east of the Mississippi.
I assume you have a job, from your comments I would imagine you either work for someone else or you have a government job. If you are a member of the private sector thank your lucky stars someone has the balls to take a risk and incidentally provide you with a way to make a living. If you work for the government, take a little time to thank the countless people in this country that actually create the wealth that is siphoned off by taxes that pay for the public sector.
Taking your criticism of Zogby’s work to heart it still begs the question of why the typical Obama voter did so poorly.
Quaker,
I suppose you have a point to make, one that would contrast your own brilliant grasp of the world with my rather dim and shallow one. No need to let logic or rational thought intrude upon your own little version of reality. It never has before, no reason to start now. As a point of interest I wonder if you are a member of the public or private sector.
I suppose you have a point to make, one that would contrast your own brilliant grasp of the world with my rather dim and shallow one.
That all depends on whether you can produce the “amusing zogby poll” referenced in your earlier post. I’m interested in those contrasts that you find so funny.
How ’bout it?
Dear Amused Observer
We in the Western World do not live in a Capitalist, Socialist or Communist society – we live in DEMOCRACIES. MOST democracies choose some from of “Liberal Capitalism.” In Canada and Europe these systems have evolved to give excellent standards of living for the RICH and excellent standards of living for the POOR.
America is the ONLY developed country IN THE WORLD without Universal Health Care, significant vacations, significant maternity leave, REAL meaningful unemployment insurance schemes, unions and REAL minimum wages. America is the ONLY country in the western world where Capitalists have SCARED/CONVINCED workers and the middle class to vote GROSSLY against their interests. The reason is actually quite simple – The RIGHT has CONVINCED Christians that “no choice for women” and “no gay marriage” are MORE important than 40 million children without heath care and that the “death penalty” is good.
In EVERY other Western countries the Christians have joined with Workers and the Middle Class to make sure that SOCIETY is GOOD. The Christians of the world – except the fundy bat shit crazy American ones UNDERSTAND that “choice” and “gay” are both INTENSELY PERSONAL issues, NOT public political issues and NO OTHER CHRISTIAN DEMOCRACY supports the insanity of the death penalty. On that issue America stands with Chad, Iran and China.
America lives, seemingly quite happily, in own little bigoted, prejudiced, kill a commie for Christ swamp – so be it.
And Bush, that cretinous little weenie, doesn’t have the balls to come out and make the smallest announcement about this in order to bolster people’s confidence about things.
Then again, every time he shows up on camera the market tanks.
The Republican Party is unfit to run our country ever again.
Did any of you catch the amusing zogby poll that contrasted Obama voters and McCain voters on their grasp of current events? It wasn’t even close.
So what we have is AO smirking about McCain voters’ superior grasp of current events while totally botching the simplest facts of the news story that supposedly proves his point.
Tells you what you need to know, don’t it?
>“Fuck anyone who isn’t a rich white guy”.
Yet another demonstration of why one doesn’t come to this website for anything remotely thought provoking. In all your “the other side is evil and my side is light” rantings, do you ever get the feeling that maybe reality isn’t quite as .. convenient as you might like?
America is the ONLY developed country IN THE WORLD without Universal Health Care, significant vacations, significant maternity leave, REAL meaningful unemployment insurance schemes, unions and REAL minimum wages.
Oh, how fun. A cornucopia of silliness.
America has universal health care. Anyone who needs it can not be refused treatment. What we lack is universal free (translation: the government pays, which means we all pay, we just don’t realize it) coverage.
And what is the consequence of this? Why, survival rates from the most serious diseases that are some of the best in the world, far superior to those of places like England, Canada, or France. Also, no “rationing” of health care because some government bureaucrats crunched the numbers and decided the costs outweighed the benefits of providing treatment.
“…significant vacations, significant maternity leave, REAL meaningful unemployment insurance schemes, unions and REAL minimum wages.”
The US also has some of the most productive workers in the world. Hmm… could all the things you cite all have the cumulative effect of lowering overall worker productivity? Could they all translate into “ways to require employers to pay people to not work?”
We have all those things — vacations, maternity leave, unemployment, unions, and minimum wages. I presume that you think that they are inadequate at current levels. As much as I’d like to agree with you (purely for selfish reasons, of course — I’d benefit tremendously from several of them), I don’t see how they can help matters in the big picture.
I can’t help but notice that the economic downturn started shortly after the Democrats took control of Congress, and did things like raise the minimum wage. Further, the first major elements of the financial crisis (Fannie Mae, Freddie Mac, and subprime mortgages) were in areas where Republicans warned and tried for years to rein in abuses, and Democrats fought them tooth and nail to keep any sort of serious oversight, regulation, or reform.
All just an astonishing coincidence, I’m sure.
J.
It wasn’t even close.
C’mon, guys. AO is right. It wasn’t even close to a real poll.
Taking your criticism of Zogby’s work to heart it still begs the question of why the typical Obama voter did so poorly.
Didn’t we beat this horse a couple of weeks ago?
Excellent gentlemen, excellent examples of forward progressive liberal thinking.
Where to begin?
Oliver,
“Fuck anyone who isn’t a rich white guy”. Provocative, inflammatory, ridiculous. You haven’t a clue if that is a serious answer.
MyLegacy,
Sadly son you slept through high school civics. We live in a Republic not a democracy. We have unalienable rights not subject to the whims of the majority. As for the rest of your diatribe pay attention to what Jay said. There is no free lunch. In the end, someone has to pay for everything. That’s how the world works.
Quaker,
Circular logic becomes you, look it up yourself.
http://www.zogby.com/news/ReadNews.cfm?ID=1642
http://www.w-r-s.com/blog/2008/12/03/wilson-research-strategies-survey-controversial-zogby-poll-duplicated-and-confirmed-presidential-campaign-media-coverage-%E2%80%9Ccreates-two-americas%E2%80%9D/
Why, survival rates from the most serious diseases that are some of the best in the world, far superior to those of places like England, Canada, or France
What a bizarre metric. It sounds like you realized all the other metrics (life expectancy, infant mortality) are against you so you had to dig deep to find one that supported the US system, JT.
Also I was going to scoff at your point about US worker productivity, but as of late 2007, it turns out you were correct. Way more total hours put in, compared to the developed world average, but also more productivity per hour than all but Norway.
Didn’t we beat this horse a couple of weeks ago?
Right to the Elmer’s factory. Fafaroo was all like ‘go make me a sandwich, Zogby.’ But hey, it seemed vaguely legitimate if you didn’t think about it too hard, so of course it’s going to find some traction.
Fine, Parthenon, feel free to cite some metrics that back up your side of the argument. Wait times for procedures, time spent one-on-one with doctors, medical/pharmaceutical innovations and breakthroughs, life expectancies — whatever. You don’t care for my survival rate of serious illnesses? Bring your own ruler to the table.
J.
“Anyone who needs it cannot be refused treatment.”
You cannot be refused treatment in an emergency room, after you become so ill you are in danger of imminent death. But you don’t get treated for, say, psoriasis, or diabetes, or schizophrenia, or genital warts for God’s sake, in a fucking emergency room!
Only a heartless bastard like Bush or Jay Tea considers ER care “universal health care.”
America does indeed have the most productive workers in the world, but gains in productivity have NOT resulted in gains for workers’ income or benefits. Productivity gains have only resulted in higher profits for corporations! No matter how hard the worker works, lately the Company reaps ALL the benefit.
As far as the Fannie/Freddie myth, I have yet to hear a conservative explain this: In the years 2001-2006, when the Republicans were supposedly being “blocked by Democrats” from correcting abuses, they controlled both houses of Congress, and the White House. I don’t remember any filibuster by Senate Dems keeping these oh-so-wise Republicans from correcting Squat. So how were they “blocked”?
But Republicans NEVER ACCEPT RESPONSIBILITY, and then have the nerve to claim they’re the grown-ups.
And to our friend the monopoly guy, AO:
If all you got is that Ziegler/Zogby non-poll, I’m afraid you deserve a Strowbridge–STFU.
Do you have any idea what a “poll” is?
LOL
Bruce, SOME Republicans filed bills and fought for tighter regulation of Fannie and Freddie. John E. Sununu, Elizabeth Dole and John McCain were among them. In each and every case, the Democrats in lockstep opposed the bill — not a single Democrat joined them in trying to head off the oncoming disaster. Names like Chris Dodd (Friend of Angelo, biggest recipient of Fannie/Freddie donations), Barney Frank, Franklin Raines, James Johnson, Jamie Gorelick (all fine, upstanding Democrats) fought tooth and nail to stop the bills, while lining their own pockets and stuffing their coffers with money from the crooks.
Consequently, last November Sununu, Dole, and McCain all lost, while Frank was re-elected overwhelmingly.
You’re blaming the Republicans for trying and failing to head off the problem, but giving the Democrats a skate for causing that failure? Man, what universe do you live in?
J.
Oh, and Bruce, there’s no such thing as “free” anything. You want everyone to have routine medical care? How you gonna pay for it? And how you gonna make it work?
They are trying it in Massachusetts right now, and it’s a disaster. Primary care physicians are looking at their books and realizing that under the state’s system, they will make a whole lot less — so they’re either going into specialties or moving out of state. Some places have started “group therapy” sessions where one doctor sees up to nine patients at once (so much for “doctor-patient confidentiality”) so they can bill for all those sessions. And the state is going broke trying to cover everyone who’s filing for the state insurance program.
That might be an unfair comparison. It is Massachusetts, after all. Any state that has 100% Democrats in Congress, 100% of the Executive branch, and over 85% of the legislature is hopelessly and irredeemably fucked by definition.
EVERYTHING has a cost. TANSTAAFL. Whenever you hear about anything “free,” start looking for who is getting stuck with the bill. Most of the time, you’ll find out it’s you.
J.
Who the hell is asking for anything “free”?
There are taxpayer-supported, universal health care systems that work quite well in many Western European countries. There are any number of proposals in this country for single-PAYER systems that could be implemented. But “the market will solve all problems” ideologues refuse to consider them, instead trying to dumb down their arguments into “nothing is for free” and “scary socialized medicine”.
You know, if there was universal health care here, many companies would be relieved of a hell of a competitive burden. For example, I work for a national pest control company. I get pretty good benefits (I pay about $500/mo. for family coverage, my employer substantially more). But we compete for business with lots of regional businesses that DON’T give benefits to their employees. Therefore, they can beat us on price, and my company loses.
And who the hell do you think is paying for that “universal” ER care that you tout? It’s all of us that DO have insurance, of course, in the form of higher premiums.
Re: Fannie/Freddie–If the Republicans had marched “in lockstep” to support those bills from Dole, Sununu, and McCain, they would be law right now. Could it be that the Republicans who didn’t support these “reforms” are just as guilty as the Dems that didn’t?
Oh, and I didn’t follow the Sununu race, but Liddy Dole lost because she’s a sanctimonious carpet-bagging churchlady phony.
And the practices at Fannie and Freddie didn’t cause this mess. Are they part of it? You bet. Are they THE root causes? Hell, no. You know it and I know it.
Conservatives always want things to be so simple. And they’re always dumbfounded to find out they’re not.
“This country was built by people willing to work hard and take a chance. They ultimately support all the rest of you.”
Actually this country was built by cheap labor. The labor-intensive, cash crops of the South could only be profitable with slavery. The textile mills of the North-east were only profitable thanks to Irish immigrants. Coal mines thanks to Italian and Welsh immigrants. Railroads thanks to the Chinese. Even today you wouldn’t have cheap year-round produce without illegal immigrant migrant workers.
Who does the hard work in this country again?
“Wow, your attitude and thought process is exactly the antithesis of what creates prosperity.”
AO, you are a fucking ‘tard. It is not my fault that you are this way, so don’t blame me when I point it out.
You have no idea what my attitude and thought process on the matter are, because you are too fucking stupid to understand them.
“America has universal health care. Anyone who needs it can not be refused treatment.”
Wow. Just fucking wow.
You literally have no idea what you are talking about.
You are either the stupidest person here, or you are a complete fucking liar.
Either way, I’m happy to report your kind no longer matters. The people saw through your party’s bullshit and you no longer matter.
Emergency room is free? Wow–since when? Must be in the 1950s bubble you guys are still living in.
“They are trying it in Massachusetts right now, and it’s a disaster. ”
Really? Cause it works up here in Canada. And in the U.K. And in France.
I bet you are wrong. I bet you are lying. It’s what you do, because your philosophy is a failure. YOU are a failure.
We have unalienable rights not subject to the whims of the majority
Unless you’re gay. Then fuck you.
Found this little gem at Attaturk’s.
All you free market cheerleaders? Pour yourselves a big bowl of STFU.
Yeesh, this is just like the Heisman voting, anti-west coast bias… you guys flog the issue before any sane human is awake over here.
JT, surely no system is perfect and we could argue for years (and in fact, have been arguing for years) over which is better. We each have yardsticks which support our argument, but I feel I’ve got more in my favor and more relevant ones, besides – life expectancy, infant mortality, cost (unit cost pricing – government operation, like the post office – against profit pricing – private hospitals), etc.
The wait times argument is irrelevant if you were to do a dual public-private system, so that anyone who could afford the procedure could have it done right away, whereas anyone waiting for the public system couldn’t pay for the private practice anyway.
Actually this country was built by cheap labor.
To be fair, working at the behest of the investment capital which AO is lionizing. Sure, capital is necessary, but the idea that the creation of the U.S. was some uber-risky venture for investors and businesspeople is probably a myth, IMO. They knew the railroads would be successful, for instance – the government was literally giving away land to make sure that they would be.
All you free market cheerleaders? Pour yourselves a big bowl of STFU.
Their bowls are already full of blame-Barney-Frank. No more room. That’s perhaps by design, I think.
There are taxpayer-supported, universal health care systems that work quite well in many Western European countries.
…
Really? Cause it works up here in Canada. And in the U.K. And in France.
I see we have short memories here. France’s health care system made Katrina look like nothing more than a cloudy day.
God, Farris, you just won’t let go of that anecdote, will you?
But it’s the fault of the public health system. Somehow.
The new estimate comes a day after the French Parliament released a harshly worded report blaming the deaths on a complex health system, widespread failure among agencies and health services to coordinate efforts, and chronically insufficient care for the elderly.
Bolding is fun! Plus, it’s pretty neat of you to toss off 15,000 deaths as a mere anecdote. That’s more than 3X the death toll in Iraq. Are those deaths mere anecdotes as well?
Are those deaths mere anecdotes as well?
According to Bush, yes.
“Bolding is fun!”
So is thinking. You should try it some time.
You remind me of a Creationist quoting scientific papers out of context to claim there’s a problem with the Theory of Evolution. Sure, no system is perfect, and there’s room fro improvement in France, The U.K., Canada, etc. But by every objective metric, it works better that the system in the United States does for 90% of the people.
But in your opinion, that doesn’t matter, as long as you can find one or two flaws in other systems, you don’t have to look to improve your own. This is exactly the attitude that got the United States is such a huge fucking economic meltdown.
Farris, lucky for, us we have sufficient care for the elderly. It’s called Medicare.
“15,000 deaths….more than 3 times the death toll on Iraq.” Umm, that’s the US military death toll, you xenophobic bastard. Don’t the tens of thousands of collaterally damaged Iraqis count when they die?
But back to the point, I’m sick of hearing about wait times in the UK, or survival rates in Belgium. Have you people never heard of hard-working Americans dying after being denied coverage by some insurance company flunkie? Of course there are problems with each system.
Like I said way above, I’ve GOT insurance and a fairly secure job. But I’d damn sure feel better if ALL my countrymen did, too. I’m not a conservative. My attitude is NOT, “I’ve got mine, so fuck you.”
In these tough economic times, I’m sure everyone is looking for ways to do a little belt-tightening.
For Jay Tea and Farris, I’d suggest dropping whatever employer-provided health coverage you and your family currently have. That should save you somewhere between $100 and $600 a month.
Don’t worry, though. We have universal health care in this country, just go to an emergency room! So, if you notice changes in your stool and are afraid of colon cancer, just go to the ER. Or, if you develop painful nightly heartburn, the ER will take care of it, right? If you begin hearing invisible voices, the ER doctors will make them go away. If your knees start to ache so bad they keep you awake all night every night, interfering with your work and family life, just make a 9-hour visit to your local ER. See if they’ll help you.
Oh, and then see if the ER is giving the care away. I got news for you guys: they don’t. They might not turn you away, but if you don’t, or can’t, pay, they will hound your heartless asses until they get their money or you go bankrupt.
For Jay Tea and Farris, I’d suggest dropping whatever employer-provided health coverage you and your family currently have. That should save you somewhere between $100 and $600 a month.
There you go! If someone thinks we’ve got universal health care in this country, challenge them to prove it by dropping any other health care they’ve got. I’ll bet anyone whatever their monthly premium is that they won’t do it.
They are trying it in Massachusetts right now, and it’s a disaster. Primary care physicians are looking at their books and realizing that under the state’s system, they will make a whole lot less — so they’re either going into specialties or moving out of state.”
Jay Tea, you want to provide a link in support of this statement?
AO,
Admitting you were wrong? How unlike you!
The Zogby poll you cite did NOT show the contrasts you claim. The other was NOT a Zogby poll.
Nothing circular there. You were just wrong.
“The new estimate comes a day after the French Parliament released a harshly worded report blaming the deaths on a complex health system, ”
Let me just take a wild guess here. The “harshly worded report” was from the neocon wing of the Parliament, wasn’t it? The ones who support a privatized system?
It’s possible Jay Tea is pulling that out of his ass, but it’s more likely that he’s referring — in a dimwitted and tendentious way, naturally — to recent reports of problems caused by shortages of physicians in MA.
Of course, the reason that there don’t seem to be enough physicians in MA to go around is that thousands of previously-uninsured people are now insured and are now going to doctors instead of getting sicker and dying.
A progressive looks at this and says: Yay, more people are getting decent health care. There’ll be some growing pains, but eventually the physicians will move where the patients are and there’ll be fewer problems all around.
A conservative looks at it and says: Who cares if fewer people are getting sick and dying. Physicians are overworked and not getting paid as well. It’s a disaster.
Another lesson in why conservatives are always wrong.
A conservative looks at it and says: Who cares if fewer people are getting sick and dying. Physicians are overworked and not getting paid as well.
It’s always struck me as very odd that doctors, whose main goal is supposedly to help people, seem to draw a disproportionate number of people who are in it for the money. Don’t get me wrong, I think those who take on professions that consist primarily of doing things for others (teachers, police, social workers, etc) should be paid far more than they are. And many doctors are dedicated, caring people who don’t make millions.
But one doesn’t tend to picture social workers playing golf or teachers driving around in new BMWs.
“Fuck anyone who isn’t a rich white guy.”
My version goes: I got mine – Fuck you!
It is a reasoned, thoughtful, version of the the beliefs of the modern republican party.
What we have is a CULTURAL FAILURE! Even if Fanny and Freddie bought up bad debt–it was created by WHO! Companies that never checked income for potential buyers. People who sold houses to buyers who could never have passed checks, who couldn’t possibly afford the homes they were buying–yet these same ENABLERS went home-kissed their kids and went to church on Sunday.
Good Americans who through their bosses or their own misdeeds created all the MILLIONS of bad mortages out there! Millions? How is that possible? We have created a culture of greed/desire enabled by banks with their pre-approved credit cards sent to EVERYONE—-especially those who have other credit cards-trying to get their business without ever verifing any income!
Those of us who have no debt and have never missed a mortgage payment or any payment wonder how the hell this could have happened?