Wednesday, October 1, 2008

Senate passes bailout

Welcome to Religo-Politico Anthropoids This will be the heat Blog as opposed to my Evolving Anthropoids Blog which I hope to be the light inspiring blog.

I feel like we've be sold down the river by the establishment by this bail out plan. From the media to the Republican elected officials very few people are voicing credible opposition to this Randian villain plan. This plan is likely to prolong the pain and prevent faster growth in the future. The possibility that this is the beginning of a historical events also haunts my imagination as a Hawley-Smoot Tariff Act seems possible if this act fails to do what its name implies. Of course, like most government plans accomplishing the opposite of the nomenclature seems likely.

The most interesting propaganda has been from CNBC owned by GE. Interestingly, for years they always disclaimed that they were owned by GE, which has not been happening recently. GE of course in neck deep in the credit crunch and would benefit greatly from the helping hand of and the state. Fortunately we have bloggers in this country and very little censorship. However, the lack of debate on the common media is very dissatisfying and a little scary. To paraphrase P.J. O'Rourke, We could give this form of government, Business and the State working together a new name, But it already has a name and has already been tried.

I do not believe that this "Economic Recovery Plan" is in the vested interest of the Joe 6-Pabst, although regardless of what congress does things will be though. Rather I believe it is an attempt, likely a successful attempt, by the current rich and powerful to keep their positions as such. This may not be, if fact probably is not, the explicit thinking of these individuals. However, the rapidity of their abandonment of the relatively free-market espoused beliefs, indicates a lake of principled foresight, and a wanton release from responsibility. Yes, Mr. Welsh and Mr. Buffet your the one's who are running from responsibility, along with the past Presidents and Congresses who have created the housing bubble.

May the
precariousness the universe presents see us through.

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