Campagin 08 (kill me)

After watching debate number deux deux, I was forced to reflect upon the debates of weeks past. I apologize for the delay, but hey I got a busy schedule and sometimes a man needs to catch up with his on demand. Greedy? Maybe but who gives a shit, Californication and Mad Men are worth it.

So the first debate. all I can say is that if I had to hear the word Pork Barrell spending one more time, I was going to find an actual barrel filled with pork products and drop the fucking thing on my head just so I can get the echo of the candidates' voices out of my head. Despite issues with the economy, most of the first debate focused on Iraq. Quit flashing back to who voted for what when. We all know Iraq was a collasal shit show.

Our economy was the main topic of the debate on Tuesday. Needless to say, it's in the toilet and all these fuckers can do is bitch back and forth about who said what in the past. Fuck you! YOu are both full of shit. The economy is in the toilet due to fucking banking deregulation dating back to the Reagan era. Cancel funding for the arts and decrease regs on big business. Thanks Ronny This ushered in the era of trickle down economics. FYI; that trickle that the middle class is feeling is the champagne laced piss of this country's wealthy, drizzling over their domes.

As usual I'm off track. I want to get back to that idea of deregulation. While Reagan brought with him trickle down economics, he also welcomed the decline of the American product. Supposedly we are one of the richest countries in the world, but how? We don't make anything anymore. Cars..the Japanese. Electronics....fuck also the Japanese, the only thing we seem to produce is cheese and milk. I don't know why, dairy is gross. The real deal is that we have been making our money over the past 2 decades from buying and owning debt. Nothing tangible...just debt. What good is debt if the person or company can't cover the tab.

This is whats gone on with the Liquid Paper Industry (loans not white out), allowing companies to take out hundreds of billions of dollars for short term loans without ever blinking an eye. Thanks to those fucks at AIG, who in their brilliant wisdom, took out a multi-hundred million dollar loan which those silly bitches had no way of paying back. Simply turned their pockets inside out and said "sorry brah...I'm fresh outta cash". The worst part about the whole thing is the government (w/ our tax dollars) are bailing them out. If I took out a loan, and on payday, didn't pay it back...my already bad knees would be made worse by someones louisville slugger.

That may be a drastic comparison but the problem is that the government didn't learn their lesson when the dotcom industry happened. NO REGULATIONS STILL. Business carried on unbothered by the government. No restraint, not even a stop 'n chat just to make sure what thYe were doing was legal. No no no, we can't do that. That wouldn't be free enterprise. So for years corporations were allowed to push paper around and jump through loop holes that would allow them to do things like Netting out (buying shit they didn't have money for) or using Credit Default Swaps (CDS) one of the biggest causes of this crisis. CDS' are when investors could buy and collect insurance on bond they don't even own. If a company or individual knows a company is close to failing, it can pay a 2% insurance on a bond worth 10o times that. WHen that bond fails they can collect the full amount. INSURANCE MONEY ON A BOND THEY NEVER EVEN FUCKING OWNED. If you buy car, I shouldn't be able to buy insurance on YOUR car that is in YOUR name, and when YOU crash it, I get the money. None of this is regulated, CDS does not occur on the open market. To even play ball you have to have at least 5 million is cash. FUCK THAT. All of this is gone into extreme detail in Chicago Public Radio's "This American Life".

And now our tax dollars have to fix their gambling debts and I am not pleased. Worst of all, a story on NPR discussing AIG's nonprofit donations. This company is donating millions of dollars to nonprofits. Tens of Millions. The government is now bailing them out, giving them shit loads. AIG still vows to give this money. This sounds nice but AIG aren't the ones donating the money any more. It's us. OUr tax dollars from the bailout are going to these non profits. Look....I'm all for donating to charities; if you can afford it. AIG can't fucking afford it, hence the whole...you knowwwwwwwwww ECONOMIC CRISIS!

Obama talked about regulation. McCain didn't.

PS. I could talk about Palin but I believe SNL and Bill Mahr and every other comedian have said just about all that needs to be said. I just want to reiterate a few things. Creationism, No Abortion no matter, stands by abstinence only education while having a pregnant 17 year old daughter, hockey mom, gun toting, no experience, the katie couric interview........im tired, peace and grease.