So....we're in to the free market, unless we deregulate it a little too much, and everyone lies a little too much, and a few people get used to making a hell of a lot of money. Then it's a big problem. Because now we can't issue loans, etc.
So now we're rapidly socializing the largest capitains of capitalism. On the one hand, I don't really want to know what happens if we don't do the bailout. That being said, while we're helping out Golman Sachs, and making sure that Warren Buffett made a good bet, I'm in Beaver, PA, where 30% of the storefronts are empty. Where the city budget is so close to the bone that the car I've left for 7.5 hours now in two hour parking on the main street still doesn't have a ticket.
Guess if the percentage of the population here that is african american is over or under the state average. Now guess what their collective stock portfolio is worth, and what this bailout will mean to them. Guess which services will be cut to pay for it. It's not going to be the Pentagon.
In other news, I slept in a closet last night, under the stairs. I hate this plan.
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