Bail out the rich

What do you do when there's a leak in the boat?

Bail out! It doesn't matter who created the hole, cos if you don't bail out, then everybody on board drowns. This is why I believe that bailing out the auto giants, "big three", GM, Chrysler and Ford, that dynamic duo of housing, Freddie Mac and Fannie Mae, and indeed the banks,"the big lot of 116", and, -oh hell, any ol' millionaire who's having a tough time. (Let's give Donald Trump a coupla squillion while we're at it, he could do with a new toupee.).If we don't bail these guys out we sink too. That's what we're told. (Apparently none of us can swim!)

With the average American 16,000 dollars in debt (excluding mortgages), and over all consumer debt up 20% since 2000, allegations that the nation's populace are financially illiterate may be fair. The obvious solution is to make sure the averageAmerican has no way to get their hands on any more money. Give it to the CEO's!

The way to look after the little guy, is to save the big guy first! That trickle down theory is the warm wet flow down the trouser leg of a Hank Paulson onto the rest of us....eventually.

Remember that savings and loans crisis of 1987-1989? They were bailed out for a relatively cheap 250 billion. And who profited in the end? The Wall streetbankers who were able to snap up some of those institutions at bargain prices whenthey eventually turned healthy, thanks to the bail out. And now, with a trillion dollar bail out rescue plan, it's inevitable that Wall street will profit again. They couldn't do it without us.

We're the little guy, the taxpayers, the rescuers. We're the powerful ones. Without us where would they be? We can't let the plantation go down. What we've got to accept is that America was, is and always will be a slave based economy. The credit companies, banks and institutions profit from our debt and misery. Should the average American prosper, the entire system might collapse.The illusion of freedom is there, but those of us at the bottom of the financial tier are still bound by invisible chains. We might not like the masters, but the fact is, if the plantation does goes down, where do we go? China?

Already China's premier, Wen Jiabao has expressed concerns about its massive holdings of Treasuries and other U.S. debt, appealing to Washington to safeguard their value. Certainly when AIG received it's bail out and offered it's top executives million dollar bonuses, China must have felt reassured. They knew the money was not in danger of falling into the wrong hands, that of the average financially illiterate, debt ridden American working class! By helping the capitalists, perhaps China presents it's case for communism? It doesn't need to go to war to do this, just lend money.

Why do we stop at money anyway? If we really want to bail out the rich, let's give them more. 47 million Americans have no medical insurance. There's a wonderful crop of organs to be harvested, blood to be drawn; a ready made market for human body parts for the rich just waiting to be exploited in that section of the populace. Like money, what the heck does the average American know what to do with an extra kidney anyway? Give to the needy. The rich are needy for more. Let's all give them our first born children too.

Some foolish suggestions from economists say the problem is not with the banks and institutions but with the housing market. They point out that the best place to start remedying the Nation's economic woes is to begin by addressing the problems there. By putting money back into the hands of the average American and bailing them out of their mortgage and housing debts, institutions risk losing out from their crisis profiteering. That can't happen. The working class are only guaranteed their right to the pursuit of happiness in the constitution. Nowhere does it say they have the right to actually be happy.

As our numbers of homeless grow, (currently estimated to be 3.5 million) and poverty rates increase (35.9 million living below the poverty line), so will the optimism of our nation's wealthy. For the more the numbers of a recession wearied populace grows, the more the wealthy have available to exploit. The more they cutback on education spending, the less likely it is for the average American to be able to literate in any area of life. Uneducated, with no medical insurance, home or money, yet powerful enough to bail out a multi billion dollar institution? Bail out the rich? Ofcourse we say yes.

The poor are too sick and tired to say "no", and thanks to the education system, to illiterate to spell it.