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Hold off on the schadenfreude, we're the ones who are about to get screwed.

By       Message Ed Martin     Permalink
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View Ratings | Rate It Headlined to H2 9/22/08

George Bush is getting ready to have the US government (that’s us) bail out his buddies in the financial markets who gambled on the free market and lost. Rob Kall has correctly pointed out that we’re hearing the same shifting stories, spin and lies, with little or no details, from the same congenital liars that brought us the lies about WMD in Iraq. There’s considerable evidence of Bush’s complicity in the 9/11 disaster. There’s considerable evidence that he used 9/11 to lie his way into an unnecessary war with Iraq for the benefit of his corporate buddies. Given that, there will inevitably be considerable evidence that the market crash is another engineered 9/11 event.

We have to ask, considering where all this is coming from, is this another 9/11 style event, meant to give the Republican, free market, no regulation greedy bastards their biggest chance at the trough during the Bush administration? Was this set up from the beginning to be a chance for the Republicans to loot the financial market, and after they‘d done that and the system crashed, was Bush sitting on a plan to loot the US treasury to bail them out and give them even more money than they‘d stolen from the market? From looking at the results, it isn’t possible to explain it any other way.

The planning for this event goes back 25 or 30 years to the free market, no regulation ideology put in place by past Republican administrations. It’s been just sitting there, waiting for the perfect Republican, George Bush, to come along and bring it all together. George Bush’s free wheeling, no constraints, do any goddam thing I want style of running things was looked on with admiration by the people running the financial markets.

It was exactly the thing they’d been waiting for and wanting to do all along, and Bush’s display of his complete lack of morals and ethics permeated the financial markets, finding ready acceptance by people who were inclined to be the same way. They figured that when Bush got another four years, now’s our chance to do like Bush, grab everything in sight, no matter the consequences, it’s all about making commissions and bonuses, take it while you can get it. And, don’t worry, if it all turns to sh*t, we’ve got ours and Bush will raid the US treasury and hand us a reward, using the excuse of dire consequences if he doesn‘t.

Dire consequences like the threat to the US economy completely failing, much like the dire consequences of the fake WMD threat to US security. Looking at who all this bail out nonsense is coming from and who it’s going to benefit, it’s a perfect fit for the same scenario that the Bush administration developed with the 9/11 disaster.

We’re inclined to the feeling of schadenfreude at the demonstrated failure of the free market ideologues who have abandoned their free market and are running in the opposite direction toward the US treasury to save their asses. We’re inclined to feel that satisfaction at the misfortune of the people whose ideology has been shown to be an empty shell, a burnt out husk, without substance or meaning.

But, wait. Consider who’s being bailed out. The people who caused the disaster, not the people who have suffered the consequences. The financial institutions caused it, and the people who were their victims are the people who lost their homes and life savings. The people who caused it are being rescued, and the people who are suffering are left to dangle, on their own.

There’s a second group of people who are the victims of Bush’s machinations. That’s us, the taxpayers. We are the ultimate victim here because the government, remember, doesn’t have any money. It’s all the people’s money that Bush is shoveling by the carload to his buddies. There’s no such thing as “government funds.” There’s only the people’s money.

No, we don’t have any reason to feel schadenfreude at the collapse of the free market and it’s ideology along with it. The Republicans can easily give up on that, concede defeat, and laugh all the way to the bank, while we’re left holding the empty bag.

If anyone has reason to feel schadenfreude, it’s the guys who are being bailed out, given a free pass. They have every right to feel schadenfreude toward us, the ultimate sucker, the victim of Bush’s and their manipulation of us to get exactly what they wanted in exactly the way they wanted it, and at exactly the time they wanted it. Now they can preen and strut about how they have come to the rescue of the very disaster they created so that they could come to it’s rescue, coincidental with the coming November elections.

Strange how perfectly that has come about and at the perfect time.


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Ed Martin is an ordinary person who is recovering from being badly over-educated. Born in the middle of the Great Depression, he is not affiliated with nor a member of any political, social or religious organization. He is especially interested in (more...)

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