ZOMBIES ARE RED, VAMPIRES ARE BLUE
ZOMBIES are RED
VAMPIRES are BLUE (crredit: Ahknaton, the Phora Ziggarut)
ZOMBIE BANKS -- full of ‘toxic’ collateral (waste: dead money; can’t get it back); kept alive by hope of government bailout, directly benefiting shareholders – Krugman, “Wall Street Voodoo”.
http://www.nytimes.com/2009/01/19/opinion/19krugman.html?_r=1
“What I suspect is that policy makers — possibly without realizing it — are gearing up to attempt a bait-and-switch: a policy that looks like the cleanup of the savings and loans, but in practice amounts to making huge gifts to bank shareholders at taxpayer expense, disguised as “fair value” purchases of toxic assets. “
****
Zombie banks are predicated on belief in tax-cut magic – the ‘supply side cult’ of Reagan’s ‘trickledown’ economics. Redirecting the flow of money ‘upward’, into shareholder’s pockets, ‘primes the pump’, watering those below. The flip side: “We’ll spend our way out of debt”. Consumer confidence will be restored, jobs will be created, things will gradually come back.
Ain’t gonna happen, says Krugman: “The supply-side cult has shrunk to the point that it contains only cranks, charlatans, and Republicans.”
Their problem is: they have become dependant on blood sucked out of the economy. NOW THEY DEMAND MORE!
VAMPIRE TAXERS INSTALLED - BIG EXTRA STIMULOUS PACKAGE
Called for by Obama, backed by Democrats.
-Culturally: the TAXMAN party consists of these voting groups
-minority/multicult promoters (liberals); women (Clinton, Pelosi); government/social workers. (flip side: ‘nanny state supporters’)
VAMPIRE DEMOCRATS FEEDING ZOMBIE BANK STOCKHOLDERS ON AMERICAN BLOOD.
VAMPIRES are BLUE (crredit: Ahknaton, the Phora Ziggarut)
ZOMBIE BANKS -- full of ‘toxic’ collateral (waste: dead money; can’t get it back); kept alive by hope of government bailout, directly benefiting shareholders – Krugman, “Wall Street Voodoo”.
http://www.nytimes.com/2009/01/19/opinion/19krugman.html?_r=1
“What I suspect is that policy makers — possibly without realizing it — are gearing up to attempt a bait-and-switch: a policy that looks like the cleanup of the savings and loans, but in practice amounts to making huge gifts to bank shareholders at taxpayer expense, disguised as “fair value” purchases of toxic assets. “
****
Zombie banks are predicated on belief in tax-cut magic – the ‘supply side cult’ of Reagan’s ‘trickledown’ economics. Redirecting the flow of money ‘upward’, into shareholder’s pockets, ‘primes the pump’, watering those below. The flip side: “We’ll spend our way out of debt”. Consumer confidence will be restored, jobs will be created, things will gradually come back.
Ain’t gonna happen, says Krugman: “The supply-side cult has shrunk to the point that it contains only cranks, charlatans, and Republicans.”
Their problem is: they have become dependant on blood sucked out of the economy. NOW THEY DEMAND MORE!
VAMPIRE TAXERS INSTALLED - BIG EXTRA STIMULOUS PACKAGE
Called for by Obama, backed by Democrats.
-Culturally: the TAXMAN party consists of these voting groups
-minority/multicult promoters (liberals); women (Clinton, Pelosi); government/social workers. (flip side: ‘nanny state supporters’)
VAMPIRE DEMOCRATS FEEDING ZOMBIE BANK STOCKHOLDERS ON AMERICAN BLOOD.
posted by Sid Thomas | 8:28 PM
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