Further Attacks on America: Disaster Capitalism

Not just jumping on dirty foreigners (as in the previous article) the Bush Admin., in its efforts to socialize losses & privatize profits, decided to hand over up to $140 billion to the losers at banks, in what appears to be an illegal move. The cowards in Congrefs are scared to do anything that might upset the sensitive flowers in the banking industry. (Is there the slightest chance that one day there could be a financial/economic system that would deal in reality, & be backed by actual stuff, rather than be based on the confidence level of the psychopaths who run the current system?)

The change to Section 382 of the tax code -- a provision that limited a kind of tax shelter arising in corporate mergers -- came after a two-decade effort by conservative economists and Republican administration officials to eliminate or overhaul the law, which is so little-known that even influential tax experts sometimes draw a blank at its mention. Until the financial meltdown, its opponents thought it would be nearly impossible to revamp the section because this would look like a corporate giveaway, according to lobbyists.

How long will this shit continue before the peasants get their pitchforks, torches & guns & do something? We're always hearing that we need guns to protect us from the gov't. When will some of you gun nut/small gov't./"Washington is evil" crackers pick up your penis-substitutes & act? Oh right, you're all talk unless about fifty of you are beating up a lone queer. For you weaklings to go against an organized force (like the Boy Scouts, to name but one) let alone an organized & trained military, is highly unlikely. Big talk, no action, from the "big men" on the right.