Goodbye, Miss American Pie

What's going in is this--the Bush administration and Wall Street haven't yet totally looted the Treasury yet and time is running out. Keep in mind that the Treasury includes essentially all taxable assets and future income of all Americans for as long as we put up with this shit. And Congress is either so stupid or has its ass so thoroughly greased up and benumbed that it won't do one fucking thing to stop this insanity.

This is what revolutions are made from.

Meanwhile, the view from Germany is this:

In a speech before parliament on Thursday, German Finance Minister Peer Steinbrück said the effects of the financial markets crisis would be felt in economies and labor markets worldwide for years to come. "The world will never be the same as it was before the crisis," the Social Democrat said, adding," the US will lose its status as the superpower of the global financial system."

He blamed the current crisis partly on Wall Street's "blind drive for double-digit profits" and massive bonuses for executives and bankers.

In other words, however badly they are hurt by our incompetence and greed, they are not following us down the rat hole to socialization of financial idiocy.

Our country is being gang raped by capitalism and its Washington enablers. It's got to stop, and I'm afraid that the November election isn't going to change a god-damned thing.

There is hope, however, that some kind of awakening could be occurring. Seventy percent of Americans aren't buying the repeated mantra that "immediate action is essential to prevent a catastrophe." When a salesperson starts pushing you with time constraints, it's always time to walk away from the table. Don't support Henry Paulson's twaddle or his lackey Bush's repetition, or McCain or Obama's complicity. This is a robbery, pure and simple. Fuck Wall Street.

Olaf's solution: tax all income over $250,000 (and that's fucking generous) at 100%. Tax second homes at 200%. Tax third homes at 1000%. No, wait--confiscate them. Tax all pleasure boats over 22 feet long at 100%. Tax all cut diamonds valued over $10,000 at 100%. And so on.

You get the idea. Everyone is entitled to a livable income and personal property essential to a comfortable life within reasonable limits of the mean. But no one should be entitled to outrageous possession at the expense of so many without health care, without child care, without income security, without adequate housing. And NO ONE is entitled to incomes 500 times the wage of the lowest worker in their firm NO FUCKING ONE ON EARTH!