Ok, so what I am about to do here borders on breaking certain rules and standards. My diary as it is is lacking the links in the original article but you can read the original here with all the links that shows this is a researched piece. OPOL (One Pissed OFF Liberal) has nothing on me right now. I really am not concerned about the Obama transition at this point for it is the current Democratic Congress I am ready to lynch in that they have failed to appoint an Inspector General or the Congressional Committee who are supposed to oversee the $750 billion dollar taxpayer bailout that was so needed according to the former CEO of Goldman Sachs, now Treasury Secretary Henry Paulson.
Our so called watch dogs aka the media are too busy speculating on who will get what post in the Obama Presidency, and little tidbit interviews with Sarah Palin. Hell, no wonder we are where we are today. The contents of this diary were originally posted in idealthoughts, unfortunatly the thoughts here are less then ideal.
And so the feasting and merry making continues at many of what once were America's premiere financial institutions. My article's title sounds almost socialist but it is not, however I do expect some oversight, responsibility, and accountability assigned to these all stars who after ruining my IRA and 401K plans continue on in their positions, living the same life style while millions of Americans lose their jobs, homes and dreams while at the same time any sparse income they earn minus health care is taxed, and that tax goes to ensure the continuation of a lavish lifestyle of the very same "golden guys" who brought to this point. At this point, being one who espouses civil order and decency I am ready to say to the peasants; here are some new pitchforks, you get the torches and let us grab some fat cats and slowly roast them. Being a nurse I would caution against basting to keep arteries clear and lower cholesterol levels. As for BS levels well.................
So where do we start? After reading the following article, I recalled so many independent stories of "business as usual" it caused me to stop and think where was the oversight promised when the 750 billion dollar bailout package was passed after dire warnings of what would happen if it was not passed. Apparently Treasury Secretary Paulson and his side kick Neel Kashkari ( tell me that doesn't sound like a communist socialist name) don't think anyone needs to know where our money is going. Well guess what guys, that little tidbit has escaped and filed for protection under the Federal Whistle Blowers Act. Champagne, caviar and manicures most be maintained for that elite privileged few. AIG one of the biggest offenders of excess and greed just got their bailout raised from $123 billion to $150 billion and guess what, AIG spent more, and more. No problem though they have a blank check credit card backed by the American taxpayers. Funny, isn't part of this crisis due to banks unwilling to lend money and offer credit?
As I mentioned earlier I am a nurse. Supposed your grandmother was in a hospital after having a mild heart attack and the doctor mistakenly wrote an order for 60 milligrams (mg) of potassium stat based on her electrolyte values seen from laboratory blood draws. I draw the order up and administer it. Whoo big mistake. the doctor forgot to include a simple letter "E" in that order (mEg vs. mg) and I have just given granny 100 times the amount of potassium she was supposed to get. That mild heart attack she came in for has just magnified to a major heart attack she will not survive. What happens to me and the physician? At minimum we lose alot of money (I'm smart and carry malpractice insurance). Worst case scenario is we both lose our license and are never able to practice again. So how about these whiz kids that are supposedly the brightest that led us to the financial brink we now face? Hey I killed granny by following a doctor's order (though nursing practice acts exempt me from fall out for failing to follow bad orders, I am still considered as a nurse as operating above my pay grade for issuing such a challenge). Where is the challenge to these industry smart guy leaders? Is there anyone out there willing to pay me several million for killing granny? Yet these executives who have so failed their share holders and the public expect to be compensated in bonuses for NOT DOING THEIR JOBS!?
I am a Democrat and a liberal one at that, but in some ways I wish Joe the Plumber were in charge of this bailout proposal. Henery Paulson, former CEO of Goldman Sachs is though in charge of the bailout and both Congress and the American public have been jumping to his every gesture and nod in hopes of at least mitigating the populace wide fallout from this situation. Read his Wikapedia page and you will note he was a big proponent of executive bonuses and compensation. Now he declines to comment on who is getting taxpayer relief. I drive a Honda Civic, a 2000 make and I am proud of my car. I see many going to work in D.C. driving similar compact models, yet the HOV lanes in Virginia are being sold to for profit toll operators who want to open up those HOV lanes to the wealthy merchants of influence peddling in D.C. so they can as usual bypass a model that promoted a healthy enviorment for all. I guess it was too much trouble for their limousines to stop and pick up one additional passenger so they could drive their car on the HOV lane. No worries right? The taxpayer will fund their tolls through bonuses and whatever. Can't let those peasants feel special can we? Might make them think they are above their station in life.
So where is the outrage? Hell, knowing FOX so called news channels interest in starting conflict I'd at least think they would be all over this. Where is NBC, ABC, CBS, or even MSNBC? Somehow this story was relegated to obscurity because it was more fun to continue highlight Sarah Palin as a dufus, something we demonstrated on November 4th we already knew. Want a real story guys? Look at the current person supposedly leading this economic recovery? Both he and his lap dog Neel Kashkari anotrher reject from a defunct Goldman Sachs are making sure that those most deserving don't suffer. We see the BIG 3 of the auto industry begging for taxpayer relief but does anyone recall why they need relief? Does anyone remember the ads for the Dodge Intimidator? I do but it's funny now should you go to Dodge's web site and try to bring up that model it doesn't exist. The same folks who brought you this economic crisis are the one's now placed in charge of correcting that crisis. We wonder aloud how corporations could allow such compensation but when you look at the Board of Directors (BOD) for these same corporations, you find a small club of individuals who serve on these said Boards.
Sorry folks but for me that doesn't fly. For those who want to prioritize their individual concerns, until you dissolve this ruling cabal that is sanctioned by the bought and paid for Congress it will continue.Look at Diane Feinstien (D-Calf), considered a liberal progressive except when it comes to telecom immunity. Her husband by chance is a BIG lobbyist for the telecoms. On November 4th this year the natives revolted to a degree and a good man was elected. His transition team has just placed tough restrictions on corporate lobbyist's involvement in his Administration. Yet the MSM still finds it more important in speculating who will get this position and who will be left out in the cold, rather then focusing on a real evolving story such as is the fox really the one placed in charge of guarding the hen house?
Yes dear reader it is time to get your sharpened pitch fork and light your torch and take to demanding answers. Because this election has passed does not mean you are free to sit on your fat obese arses. Time to make like a Kung Fu Panda and do some damage and hold those accountable, accountable.
Cross posted from idealthoughts