TODAY: It get's worse.

(And a nice example how they twist words to make things sound good)/

NOW -- BUSH FOLKS WANT TO GIVE CREDIT CARD COMPANIES MONEY FOR THE BAD DEBTS THEY HAVE ON THEIR BOOKS!

This is capitalism for the profits (the credit card companies keep their decades of profits)

And 'socialism' for the loses (the credit card companies get government money when their credit card bills are not paid)/

It's an amazing fire sale, with the Bush firefighters giving away everything to SuperRich and Wealthy Corporations as much as they can before leaving office.

http://www.nytimes.com/2008/11/13/business/economy/13bailout.html?ref=yourmoney

Treasury officials said they hoped to invest ...

TODAY: It get's worse.

(And a nice example how they twist words to make things sound good)/

NOW -- BUSH FOLKS WANT TO GIVE CREDIT CARD COMPANIES MONEY FOR THE BAD DEBTS THEY HAVE ON THEIR BOOKS!

This is capitalism for the profits (the credit card companies keep their decades of profits)

And 'socialism' for the loses (the credit card companies get government money when their credit card bills are not paid)/

It's an amazing fire sale, with the Bush firefighters giving away everything to SuperRich and Wealthy Corporations as much as they can before leaving office.

http://www.nytimes.com/2008/11/13/business/economy/13bailout.html?ref=yourmoney

Treasury officials said they hoped to invest about $50 billion from the bailout fund into the new loan facility, with the aim of helping companies that issue credit cards, make student loans and finance car purchases.


THEY CALL THIS HELPING THE CONSUMER.

Yes, very simple.

It's the blantly clarity of the scam, the rip off of money, the government giving money when loans go bad but letting the banks, etc. keep all the profits when deals go good.

(some call this "capitalism for the profits and socialism for the loses -- It's insane -- and we watch it happen right before our eyes.

ANOTHER SCAM HARD TO BELIEVE -TODAY.

AIG has gotten the most money for a bailout, ever: $150 billions dollars (enough to fund the Iraq War for a year and a half).

Today it announced that it's executives will get $13-billions dollars of end-of-the-year bonuses!

Bonuses! 13-billion! And these are the people who drove the business into bankrupcy!?

So, in the last...

Yes, very simple.

It's the blantly clarity of the scam, the rip off of money, the government giving money when loans go bad but letting the banks, etc. keep all the profits when deals go good.

(some call this "capitalism for the profits and socialism for the loses -- It's insane -- and we watch it happen right before our eyes.

ANOTHER SCAM HARD TO BELIEVE -TODAY.

AIG has gotten the most money for a bailout, ever: $150 billions dollars (enough to fund the Iraq War for a year and a half).

Today it announced that it's executives will get $13-billions dollars of end-of-the-year bonuses!

Bonuses! 13-billion! And these are the people who drove the business into bankrupcy!?

So, in the last days of Bush, he put us into a black hole of Middle East Wars for Oil and Israel, he let New Orleans get destroyed and still not recovered, now he's looted the government's money for the SuperRich.

This is, indeed, the Republican Party's philosophy.

And they complain about the Middle Classes or poor getting government money equal to no more that the crumbs off their table.

It's sickening.

I can understand why "ignorance is bliss."