The “sub-prime mess” continues… is it cascading towards an election year recession? The moralists and apologists blame the victims, of course, since that’s how our neo-social Darwinism works. They conveniently ignore the wide-spread corruption pervading the mortgage industry: the loan sharks were riding high, the grifters-in-suits were out in force, the cons were juiced, baby! Their masters, meanwhile, were fattening on the rot: Goldman Sachs is claiming to smell like a rose, touting that they have no write-offs; but that’s because they knowingly sold shit while they bet that it would end up stinking like what it is. Win-win for the Bonus Army, there. The game’s rigged. The national casino is mob-run, only the mob in this case is made up of MBAs from our finest business school, the usual shark-attack of lawyers, and all the politicians in their pocket, who make the thievery legitimate.
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62 filibusters from the Plutocratic-fundamentalist party in the Senate this year. Would that the Democrats had done as much when they were in the minority!
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