Sarge & his trusty dog Yukon King are out to track down the nasty feminists and their evil mangina henchmen and bring them to justice.
Too Big to Fall & Corporate Welfare
Posted 01-17-2009 at 04:46 AM by Sarge
Sergeant Preston's & Yukon King's Blog
Too Big to Fall & Corporate Welfare
Now I’m not going to go into the details of the collapse as I’m going to deal with the morality of what is happening. At present we are having huge numbers (in the trillions upon trillions) being spent to defend the bad decisions of governments and businesses. All these governments were in some kind of massive debt before the shit hit the fan, so there is even more to deal with than just the present mess.
Yet we must come to see what is going on at present in full. All guise has been removed as the governments are now squarely out to help the big companies over the small companies and the big rich & powerful men of government and business over the small guy. Governments are helping the new feudal lords over the small independent farmers.
We are said to have overcome a class based society, but here we are having some unheard of support in a very quick manner, that was unable to be done in the past for any assortment of small failures, and the flipping to excuses is just silly. If you had at least one politician speak the truth and say "we are helping our friends because we had our hand in this and we are really covering our own ass" then they would get credit for at least speaking the truth. Yet with the economic world in disarray all we are getting is more lies on top of the old ones. Once Obama and the democrats have done their quick action plan they are going to have at least 4 more years of either spending more money, or fixing something so it doesn’t happened again. Which do you think will happen? "Spend more" will be the answer. With every bailout we are getting just a few more getting into line/queue to get their share. Did anyone predict this? Well yes:
Quote:
“On Sept. 7, 2006, Nouriel Roubini, an economics professor at New York University, stood before an audience of economists at the International Monetary Fund and announced that a crisis was brewing. In the coming months and years, he warned, the United States was likely to face a once-in-a-lifetime housing bust, an oil shock, sharply declining consumer confidence and, ultimately, a deep recession. He laid out a bleak sequence of events: homeowners defaulting on mortgages, trillions of dollars of mortgage-backed securities unraveling worldwide and the global financial system shuddering to a halt. These developments, he went on, could cripple or destroy hedge funds, investment banks and other major financial institutions like Fannie Mae and Freddie Mac.
The audience seemed skeptical, even dismissive. As Roubini stepped down from the lectern after his talk, the moderator of the event quipped, “I think perhaps we will need a stiff drink after that.” People laughed — and not without reason. At the time, unemployment and inflation remained low, and the economy, while weak, was still growing, despite rising oil prices and a softening housing market. And then there was the espouser of doom himself: Roubini was known to be a perpetual pessimist, what economists call a “permabear.” When the economist Anirvan Banerji delivered his response to Roubini’s talk, he noted that Roubini’s predictions did not make use of mathematical models and dismissed his hunches as those of a career naysayer.”
The audience seemed skeptical, even dismissive. As Roubini stepped down from the lectern after his talk, the moderator of the event quipped, “I think perhaps we will need a stiff drink after that.” People laughed — and not without reason. At the time, unemployment and inflation remained low, and the economy, while weak, was still growing, despite rising oil prices and a softening housing market. And then there was the espouser of doom himself: Roubini was known to be a perpetual pessimist, what economists call a “permabear.” When the economist Anirvan Banerji delivered his response to Roubini’s talk, he noted that Roubini’s predictions did not make use of mathematical models and dismissed his hunches as those of a career naysayer.”
Naysayer and not mathematical enough of you? Well what is someone who is hooked on math and a “yes sayer”? So far we have gone through none of the stages of grief:
· Denial (this isn't happening to me!)
· Anger (why is this happening to me?)
· Bargaining (I promise I'll be a better person if...)
· Depression (I don't care anymore)
· Acceptance (I'm ready for whatever comes)
· Anger (why is this happening to me?)
· Bargaining (I promise I'll be a better person if...)
· Depression (I don't care anymore)
· Acceptance (I'm ready for whatever comes)
We are still in denial as we have no heavy hitters at fault, and only have a few scapegoats put forth to be pushed around by those "yessayers" in the media.
Anger which has gotten a bad rap lately is going to either come out soon, or we are going to get it much worse in some other way in the future that won’t be at all good.
Bargaining may mean some go back to church, but for Hollywood they have replaced all their "lives of the rich & famous" shows with average Joe ones for next season. I say I’m not going to watch them either, as they will be PC average Manginas no doubt (those that is still denial for next season can learn more PC to their hearts content by watching more BS there).
Depression is not good for sales so we will cover over this whole stage so the economy can get on its feet faster, to be good little consumerists.
That leaves acceptance, and well what are we supposed to accept? There token scapegoats as who are responsible?
We will not deal with any of the stages of grief for a very long time, so in that time we must work to find ways to cooperate in real terms, that is if you don’t want more of the same. This isn’t a short-term thing, as we have at the very least till 2011 to ignore all the stages of grief till some analysis’s say we will come out of this painful fall.
Remember these are the same ones who didn’t like Mr. Roubini’s talk, so if their past record is any marker in 2011 they will be telling us the reason why we aren’t out of this crisis, as we shouldn’t listen to us "naysayers and un mathematical types". 
Reference:
Total Comments 0
Comments
Total Trackbacks 0
Trackbacks
Recent Blog Entries by Sarge
- The Minority of Men With the Warrior Gene (03-18-2009)
- The Elephant (or Rhino) in the Room (02-08-2009)
- Too Big to Fall & Corporate Welfare (01-17-2009)
- Many Ways to Skin a Man (12-10-2008)
- Women Don’t Know Men (10-25-2008)
