This fascist corporatocracy called the Bush Administration just gave predatory lenders a 30 billion dollar bail out a few days ago, leaving homeowners in tent cities. That's half the treasury. It's stunning, but Bush crime family steals big so people won't even realize it because of shock. It's the economic part of what Naomi Klein talks about in "The Shock Doctrine," and now it's happening fast and furious. Besides the war profiteering, and the oil companies making record profits, it's the biggest heist in history.
To give you an idea of how much money that is, remember when Paul Bremer lost 9 billion in cash - cellophane bricks of hundred dollar bills in Iraq and and blamed it on primitive accounting practices? That's 21 big rig tractor trailers full of cash. So 30 billion they just gave to the predatory lenders would fill 64 trailers full of 100 dollar bills. If those containers were put on a train, it would be over 3/4 of a mile long. That's our tax money, that we and our grandchildren, and generations beyond will have to pay back with interest. You can see that amount of money from space. Forget about ENRON, and Bear Sterns - whole economy is falling apart because of deregulation, and Spitzer was trying to go after some of the vultures on wall street who were taking advantage of the deregulation and cashing in at the expense of millions of innocent homeowners. The cons wanted to protect their crony crime buddies in the financial sector, so of course he was politically whacked.
It's such a huge story, but there is so much going on, and to worry about, that I'm just so shell-shocked that I can hardly decide what to focus on. It’s too much. Spitzer's not the only one who has been whacked recently. Admiral Fallon - the only obstacle between peace and Cheney's war with Iran has also been taken out. That's even more worrying to me, because that means Armageddon.
And the only hope in the situation is electing Barack Obama, but the Democrats are self-destructing in these prolonged primaries, and if the super-delegates can't come together soon, and decide between these two candidates like in a couple of weeks, instead of dragging this cage-fight until Labor Day, and the election is like four days later, I guarantee you will see repeat of the nightmares of 2000 and 2004, and we will have four more years Grandpa "Bomb Bomb" McBush.
These are the things that keep me up at night.