Bush Proposes Income Redistribution

A massive $700 Billion wealth redistribution plan comes on the heels of nationalizing the largest and most powerful insurance company in the country and will virtually seize control of the mortgage industry as well as huge chunks of financial services. This is by far the most radical departure of fundamental American principles during the Bush era, which is not a small thing. Captains of Industry, Masters of The Universe, also known as Wall Street speculators demanded and received removal of key regulations. Now that their orgy of gambling has reached epic proportions in losses, those who were not responsible (you) are asked to pay for their losses.

The Plan, which in typical Bush simpleness, is only three pages long. I can make it even simpler. Hank Paulson, Bush's treasury secretary, demands the taxpayers give seven hundred billion dollars to his crooked Wall Street buddies. Here is the best part:

Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

So, Hank wants a seven hundred billion dollar blank check of tax payer money just handed to him as he emerges from a phone booth after a quick wardrobe change. Somehow, this does not seem like a good idea to me.

In fact, it is the exact opposite of a good idea. Unfortunately, virtually all of those in power who will vote on this piece of shit idea are beholden to the same corporations who have run our government for decades. These are the corporations who also own our media outlets who have completely ignored the dramatic and breathtaking change this bailout/nationalization and what it means to America, choosing to focus on saving us from economic doom by adopting the Bush Plan.

We are all being punked, played for saps, suckers and chumps. Witness the wild orgy of trading on Wall Street Friday after it was announced the little people will clean up their mess. Absolutely no public official who votes to take money out of my pocket and give it to the Wall Street crooks deserves to stay in office.