Crisis? What crisis? Sorry, I happen to believe taxpayers paying for their profits was in the plan

I'm so tired of people saying how stupid the Republicans and Bush administration were. That the actions they took weren't thought-out or didn't work out or were simply, somehow, mistakes.

I can't be the only one who believes they have known all along what would happen after all the banking de-regulation and no-bid contracts for a no-good-reason war.

Right, no one could have expected the vulgar greed that followed producing rampant corruption and outrageous profits for the big boys -- or that they would, as usual, take all their ill gotten gains an slink off into the sunset and let someone else clean up the mess until they felt events were forgotten and they could return to the trough again.

The only unforseen problem for them is that it happened before Bush was able to escape the office and they were able to blame it on the next guy (just like they will with the mess that will happen when we must stop this 'war').

Jesus people (and especially the media)... talk about short attention spans! It's not like you have to go back very far to see the original performance of this play.

But hey -- don't learn anything from it this time either.

Just keep on believing that "mistakes were made".

Aaaarrrrggggghhhhhhhhh!!!

that goes against every economic model in the book. Someone had their bets already in place and it was tied to the same dollar ripping that has been going on for the whole second Bush term.

As Michael Parenti says, "we call them stupid idiots as they laugh all the way to the bank".

some of the food (like the shrimp) and decorations as the party is winding down, before people catch them and keep them from doing so?

The businesses know that the party may be coming to a close ... however, if McCain wins, it means that a new keg will be delivered ...

:tinfoilhat:

I put it on, then took it off for JUST a moment...and you must have run up and took it!

(secretly agree, but cannot hardly believe I said it outloud)

They knew the outcome.

I agree on the premature crash and burning.

I believe McCain's current plan (though that is always subject to change) is to actually institutionalize this practice by creating another bureaucracy who's job it is socialize the risk of business and then to redistribute those resources at substantial discounts to the same gang.

... who went with big trucks and SUVs as long as possible, knowing the government would have to bail them out when the gamble failed. ("We're too big, too important and employ too many workers to fail.")

The GOP scam is to give all the high end tax breaks they can, run up the debt so that debt service competes with social spending, then try to squeeze out social spending from the economic pressure which results.

By engaging in these buyouts, they're securing economic interests far into the future, past their current run in the presidency. They'll tie the country to this scheme to "save" the financial industry, and thereby tie up our budgets well into the future.

In fact, we would do better to liquidate the companies which fail, all of them, and turn over their viable assets to the highest bidders, who can then run them more competently. It's not a free market if a business is not free to fail.

It's always socialism for the richest capitalists when the GOP is in power.