Karma Knows, Baby

The Bush gang's parting gift: a final, frantic looting of the public wealth.
The US bail-out amounts to a strings-free, public-funded windfall for big business. Welcome to "no-risk capitalism". From Naomi Klein in The Guardian.

The strangest thing about the whole matter is that, unlike other shifty maneuvers by governments, this one is being done completely in the open...and not a peep from anyone.

Where are the protests? Where are the general strikes? Where are the sit-ins and boycotts?
Governments around the world have effectively robbed their citizens and I've yet to see one protest march in the streets.

Have we become so cowed? When they see that they have easily got away with this heist, imagine the encore? Its time to say enough. And remember, in the words of Whoopi Goldberg, karma KNOWS, baby. God sees all and karma knows what you did. Vengeance is mine: I will repay saith the Lord. Not man's or woman's or law's or politico's. God's. That should give pause but likely won't.

QUOTE This duplicity is a political opportunity. Whoever wins on November 4 will have enormous moral authority. It should be used to call for a freeze on the dispersal of bail-out funds, not after the inauguration but right away. All deals should be renegotiated, this time with the public getting the guarantees.
It is risky, of course, to interrupt the bail-out process. Nothing could be riskier, however, than allowing the Bush gang their parting gift to big business - the gift that will keep on taking. UNQUOTE

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Seeing Red: $100 MIL in Executive Bonus 3 Days Before Filing Bankrupcy

The Lehman Brothers board signed off on more than $100m (£59m) in payouts to five top executives just three days before the bank went bankrupt leaving thousands of employees out of work in London.
From The Times (UK)

My husband and I have received, within the past few days, statements from a home equity loan which is paid in full and a credit card account, also PIF, with interest charged on a ZERO balance. We are closing both the accounts tomorrow, and seriously thinking about closing all lines of credit. What I want to know is this: where do these clowns get off? AIG and their $440,000 spa weekend after receiving untold wealth from the people's taxes...Lehman Brothers golden parachutes, it sickens me. Where do they get off? When the people take to the streets in a general strike? When are the perpetrators of this disaster behind bars where many of them belong?
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Whoa, Nelliebelle....

The Great Depression of 1929 was quick, taking just a few weeks for the stock market to lose half of its value. And over 25 years to gain it back. What road are we travelling?

Europe Into the Abyss

From The Telegraph (UK) comes some hard core doom. Get some garden tools, seeds and hunker down, the big money boys have really f*cked up everything for everyone. Bye bye retirement funds...

QUOTE We face extreme danger. Unless there is immediate intervention on every front by all the major powers acting in concert, we risk a disintegration of global finance within days. Nobody will be spared, unless they own gold bars. UNQUOTE
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