Log in

View Full Version : The Obama/Biden Economic Plan is finally out



Code_Name_D
01-16-2009, 08:01 PM
If you had any hopes that the plan would turn things around, well you can abandon that hope right now because every thing we feared would be in the plan actually turns out to be in the plan.

The plan is some 15 pages long, so it will take me some time to disassemble, but I can already tell you what the plan dose NOT include – re-regulation of the banking or corporate industries. And given that Obama’s economic transition team consists entirely of former Clintonsesc deregulation zombies, this hardly seems surprising. No doubt even the very notion of rolling back deregulation will encounter a hail of resistance from the Obama team. I suspect that even the idea of repopulating the government regulatory agencies is off the table. Lord knows we need as many immigrants laying asphalt as possible, but still see no need to help out overworked and understaffed regulatory agencies.

Folks, things are about to get ugly.

sweetheart
01-18-2009, 11:02 AM
You saw that movie, yes? The smartest guys in the room? = about enron's bankruptcy.
film here--> http://uk.youtube.com/watch?v=b1wZi2cNV98
And funnily, 911 covered for Kenny boy like they'll need some cataclysm to cover for
this big bankruptcy. Its like enron except on a national scale - where everyone with
money invested is one of the executives who's entire fortune is based on a perpetually
rising tide; and now that the tide has reversed, the bankruptcy will become systemic.

Obama is the new "smartest guy in the room", but the problem is the room itself is
an obsolete system from an industrial age ill adapted to its post industrial latter.
But the whole country is in hock to the system to keep it propped up for their paper
value and retirement - this being the wallpaper over the actions of the uber wealthy.

They haven't a prayer of reversing the tide with the kind of surface measures
they're ready to consider on the table... but its always the factors they don't
measure that bounce their table and mess up their monopoly game.

His whole administration's full of execs from the big con and we're to believe that
they're not still intending to blow another bubble to get their way out?

They'll punt out a dead-bubble - the old organ grinder won't work - it'll take a
coupla years for this to settle - as the last time in FDR's day, the global economic
situation in which the US was implanted was *entirely* different than today,
and for this reason, it can never happen again, this pretending that the militarist
economic infrastructure of that old cold war soviet union's opponent.

That infrastructure seeks to redeem itself with war bubbles - floating the war on drugs
on the fucking stock market as if trading in dachau and hutsville is remotely
redeemable on its own. It'll float a bubble to extend a war in asia; a bubble to
fuck the poor in every country, in every digital data mind... sing us a war bubble,
so we can fight our way back to redemption - swords in to plowshares - ha! -
show us the plowshares baby, i don't believe ya.

Well, anyhoo - the earth is spinning in silent reverie - and from space,
they watch the toxic fungus that is living beyond its means,
they take bets on how it will crash, and whether it be the ignorant insanity of
egotistical mankind, or whether there really is god that saves in mysterious ways.