Monday, September 22, 2008

Fire Sale!

I am no economist but one thing is very clear to me. This bailout is a Fire Sale!
The public should get all the assets, not just the toxic ones.

We should get it all for the price of the fat cats not going to jail, for their being free to walk away with their ill gotten gains, and still have a business.

They should loose all their assets for one small set fee not of their choosing.

That or loose everything and be liable for the damages. Which of course included every family jammed into a mortgage they never had a prayer of paying off.

The fat cats should either hand it all over for the merciful public. Meaning you and I should get a dividend check back from the government for the use of our assetts to bail these bastards out!

We would get no better deal from them, in fact we would be laughed out into the street to freeze and starve in front of what was once our homes.

What better way to save the economy than to turn a small profit for the use of our funds.

Who the hell do the politicians think they are giving our money away in return for sewage!
No one else will touch those foul papers.

This is a chapter 11, the choice is clear, they take the deal or go under with liability and loose everything. Once they choose door number two, the people once again step in and take over everything, only this time I mean everything. Including the business, lock stock and barrell.

Well not everything, not the liability, they get to take that with them. Meaning they loose their personal assets, yachts, mansions and all.

Anyone who recently lost their home can explain how the art of the Fire Sale works if the Politicians do not understand.

I understand that cocktail weenies roasted over a barrel are delicious and not to be missed on a cold winter morning. Consider that in the boardroom.

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