We don’t believe you.
Not a single word you say.
Why?
Do the words “read my lips - no new taxes” ring a bell?
We didn’t believe you when you said - “the credit crisis is well contained.”
We didn’t believe you when you said - “the worst is now behind us.”
We didn’t believe you when you told us the bill would be - “$150 billion.”
We didn’t believe you then and we don’t believe you now.
And how dare you!?!
How dare you trot out a bumbling, stumbling, stuttering, slickster like
the former CEO of Goldman Sachs who personally profited to the tune
of a $700 Million Dollar personal fortune by sending our jobs to China
so some fat cat Wall Street CEO could double the value of his stock options,
grab some lobbyist created tax credits, and drop .09 cents to his bottom line.
Not to mention that he, his former firm, and his ilk, were the ones who created
and profited from dumping all this toxic Wall Street paper on Main Street in
the first place!
Any coincidence that Paulson tried to “bum rush” us into a bailout, right
after Goldman Sachs started to collapse?
Bear Stearns - no problem.
Fannie & Freddie - no problem.
Lehman Brothers - no problem.
Merrill Lynch - no problem.
WAMU - no problem.
Goldman? - problem.
We all know there are no coincidences on Wall Street.
And now you want to keep your $40 million dollar apartment in Manhattan,
your $10 million dollar vacation home in the Hampton’s, and the windfall
profits you sucked out of America, just before you collapse it?
You want us to bail you out of bankruptcy, right before you send us
(and America) into it?
You want bankruptcy reform for you - after you locked us into serfdom
with the bankruptcy reform act of 2005 - right at the peak of the credit,
and housing bubble?
You want a bailout - AFTER you locked us, our children, and America
into debtors prison?
Relief, reform, and a bailout for you… and the bill & debtors prison for us?
You must really think we’re a bunch of chumps.
Well guess what Wall Street & Washington, while “this sucka may go down”
this time YOU’RE going down with us.
Sincerely,
Main Street
http://www.siliconinvestor.advfn.com/readmsg.aspx?msgid=25008577
5 responses so far ↓
1 Drew // Sep 30, 2008 at 3:16 pm
Absolutely in agreement, it’s time to take back our country and stop the madness of out of control debt. I didn’t lever up 30-1 the past 5 years and now expect the government to bail me out. let asset prices find a new level and let’s begin the recovery in earnest, even if it means we take our lumps at all at once.
2 howard432 // Sep 30, 2008 at 4:14 pm
Great post and great blog. I’ve linked to you and posted this particular piece although I could have picked several. THE PERFECT rage rant.
3 peter // Oct 1, 2008 at 5:51 am
i like your work. treat them and the regulators like the criminals they are, confiscate all their assets and prosecute
4 Main Street Fights Back And Says No To The Bailout! « Gold and Silver Stock Charts // Oct 1, 2008 at 10:19 am
[...] http://www.sliderontheblack.com/fed-bernanke-paulson/bailout-main-streets-message-to-wall-street-was... [...]
5 michaelbina // Nov 28, 2008 at 2:30 pm
A survey of CEOs and Business Leaders on Main Street – conducted two days after the first Billion-Dollar Bailout – found that Main Street thinks Significant Jail Time will curb Wall Street’s enthusiasm for financial mischief in the future.
The Nicolet Bank Business Pulse© is a quarterly study of nearly 600 CEOs and Business leaders on the “Main Street” of the Heartland. For 29 consecutive quarters, Nicolet National Bank has been conducting Business Pulse studies with CEOs in 10 counties throughout Northeastern Wisconsin. Its recent findings:
81% of the CEOs and Business Leaders say Wall Street bears Major Responsibility for the current mess on Main Street; 54% ascribe Major Responsibility to Congress.
60% say Significant Jail Time and Fines would be effective, preventive measures; 38% prefer stricter enforcement of existing laws; 31% want restrictions on CEO incentives and compensation.
25% want to increase federal regulation of financial institutions and 13% want mandatory restructuring of boards of directors.
Clearly, Main Street is, “Mad as Hell…”
Skip the ‘Perp Walk - Go Directly to Jail!
How this Study is Conducted
The Nicolet Bank Business Pulse© is a Quarterly Study of CEOs in NE Wisconsin (Brown, Calumet, Door, Kewaunee, Manitowoc, Marinette, Oconto, Outagamie, Shawano, Winnebago Counties) and Menominee, Michigan. It is designed and implemented by IntellectualMarketing, LLC. Participants include: 27% in manufacturing; 24% in services; 18% retail trade; 4% wholesale trade; 5% finance, real estate, insurance; 5% in transportation, communications, utilities; 5% in construction; 11% in other industries. 21% have fewer than 6 employees; 34% have 6-25; 15% have 26-50; 12% 51-100; 11% 101-250; 2% 251-500; 4% 501-1,000; 2% have 1,001 or more. Methodology Questions to Dr. David G. Wegge: (920) 217-7738; david@intellectualmarketing.com
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