so doesn't this immoral spending of our bailout money by banks prove

[PretzelWarrior]

Once and for all that the idea our markets act as rational forces and businesses will regulate themselves is a bunch of horse shit? That is my main takeaway.

Those fuckwits over at FixedNews were saying "Wow. Obama voted for the bailout money and now he's taking them to task for how they spend it. He's the one who didn't make sure they had monitors and safeguards on the TARP package."

I'm like WHAT THE FUCK??? They didn't just hand a stack of Benjamins to a 16 year old. These are seasoned professionals whose job it is to stabilize the system their businesses depend on. One could make the natural assumption they wouldn't piss the money away on office renovations and new luxury jets.

This little shitstorm we're facing is the PERFECT argument for at least a generation about why so-called industry self regulation clearly doesn't work.

[Armstead]

1. You are correct -- If only we'd connect the dots

The whole corporate mentality has become so grandiose and sick and embedded that it's going to take major changes to make things right again.

Just recently, Pfizer spent a lot of money acquiring another company while layong off workers.

Pfizer's move is to build a further monopoly by moving into bio-drugs that aren;t subject to patent expirations.

As long as we condone and allow this empire-building mentality and pirate capitalism -- rather than more modest common sense forms of free enterprise -- we're going to stay mired in this pile o' shit.

[avaistheone1]

2. Definitely. The right's free trade, trickle down, voodoo economics is a disaster.

Another thing this calamity points out is that the Federal Reserve should be under the Treasury.

[KCS72000]

3. Agree - Peanut Butter Cracker anyone? /nt.