Seen on the street in Kyiv.

Words of Advice:

"If Something Seems To Be Too Good To Be True, It's Best To Shoot It, Just In Case." -- Fiona Glenanne

“The Mob takes the Fifth. If you’re innocent, why are you taking the Fifth Amendment?” -- The TOFF *

"Foreign Relations Boil Down to Two Things: Talking With People or Killing Them." -- Unknown

“Speed is a poor substitute for accuracy.” -- Real, no-shit, fortune from a fortune cookie

"If you believe that you are talking to G-d, you can justify anything.” — my Dad

"Colt .45s; putting bad guys in the ground since 1873." -- Unknown

"Stay Strapped or Get Clapped." -- probably not Mr. Rogers

"The Dildo of Karma rarely comes lubed." -- Unknown

"Eck!" -- George the Cat

* "TOFF" = Treasonous Orange Fat Fuck, A/K/A Dolt-45,
A/K/A Commandante (or Cadet) Bone Spurs,
A/K/A El Caudillo de Mar-a-Lago, A/K/A the Asset., A/K/A P01135809

Wednesday, July 23, 2008

The Real Reason Why Phil Gramm Bailed on McCain?

Because UBS AG, the bank for which Gramm is a senior executive, is being nailed for facilitating tax evasion.

That might be a good reason for having Gramm disappear from public view. I guess it was not enough that Gramm was one of the people who did his level best to break the power of regulators and who knowingly set the stage for the current financial mess.

Bush is wrong: It's not just "Wall Street" that got drunk at making easy money, it was the banking industry. Phil Gramm, along with Alan Greenspan, had his fingerprints all over the removal of meaningful regulation of the banking industry. It was Gramm who made sure that the federal regulators were demoted to approving the location of bank branches (a job they did with an "approved" stamp, which is why bank branches are more common than Starbucks stores).

The current financial mess is a direct result of the ideological polices of the so-called conservatives. But they are conservatives whose principles only go half-way; they have privatized the profits, but socialized the losses. The fat cats reap the benefits of the good times and the taxpayers get stuck with the bill when closing time is called.

(H/T to Blue Girl)

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