Friday Ennui pt.3 - first up against the wall

Ever since we moved into the (paid off) house up here we have been inundated with mortgage offers. We've already learned our economic lessons and we always turned them down, seeing that it was all a scam, like debt consolidation, cellphone contracts and gym memberships. It is so frustrating that our entire economic system of the last 15 years seems to have been based on this ephemera - Money that didn't really exist.

The whole cavalcade of people that you may have heard me rail about: bankers, insurance men, stock brokers, oil, the federal reserve, and Congress have made and spent tons of money and then when the bill comes due - houses are foreclosed on people who were given loans they shouldn't have been, but the corporations that invested in bad loans and ephemeral derivatives and sketchy bonds get my tax dollars as a bailout because it will 'hurt the economy' if they fail. That is just more BS. If they don't want regulation on how they loan and invest then they shouldn't get my money when they turn out to be stupid and greedy.

I've had enough of taking up for business that pays lip service to libertarian deregulation, until they screw up and want me to pay for it. i am no longer going to apologize for businesses. They are simply using my principles when it suits them and abandoning them when things get tough. Rugged individualism and enlightened capitalism are long gone. I want them all collecting the unemployment checks they so richly deserve. Economic conservatives, classical liberals, like us, have been taken to the cleaners. Use our rhetoric to make more money and then go to the government when you blow it and get my taxes. It is criminal.

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