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

"Thou Shalt Get Sidetracked by Bullshit, Every Goddamned Time." -- The Ghoul

"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,
"FOFF" = Felonious Old Fat Fuck,
"COFF" = Convicted Old Felonious Fool,
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, A/K/A Dementia Donnie, A/K/A Felon^34,
A/K/A Dolt-45, A/K/A Don Snoreleone

Thursday, July 1, 2010

Financial Reform?

I've been reading some of the coverage about the financial reform bills that are making their ways through the House and the Senate. I have two observations.

First, it is kind of cynically amusing that Republicans, having spent the last two yeas screaming that George W. Bush was wrong to bail out the banksters,[1] no oppose setting up a fund, paid for by the banks, to ensure that if any future bailouts are needed, that the money doesn't come from the taxpayers.

Second, the bills do nothing to address the "too big to fail" problem. If the banks were broken up, then a failing bank could indeed be allowed to fail, the same way that over a hundred smaller banks were allowed to fail last year. There is zero fairness in the reality that when Chase Bank got into trouble, they were bailed out and yet when the Six National Bank of Boogie Hollar gets into trouble, it fails and is liquidated by the FDIC.

But we all know which side of this game the Republicans are on, and it is not yours or mine.[2]

[1] Though they conveniently forget to mention Chimpy's name.
[2] I presume that none of the banksters read this blog, other than by accident.

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