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ELEPHANT POO
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GENERAL HQ.

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"To preserve their [the people's] independence, we must not let our rulers load us with perpetual debt. We must make our selection between economy and liberty, or profusion and servitude" 
Thomas Jefferson

As I have stated here on numerous occasions the jig is up gang!  So go here and read this and see if you don't agree.

Now that the geniuses in the Bush wrecking machine have had their way for the worst of eight years this is the result.  The Chinese have put the brakes on.  And therin lies disaster folks.  For the $700 billion of YOUR bucks multi-millionaire Paulson is on about has to be BORROWED because the fucking till is empty.  And has been for a number of years.  Drained dry by the illegal wars in both Afghanistan and Iraq.  Let's face it, even a country boy like me can figure out that pissing 10 billion dollars a month or more into the sands of the desert is going to drain you dry in damn short order.  And now, the totally failed, so called fiscal policy of this lot of wastrels and knaves has brought the whole house of cards down.  And guess who is going to be under the wreckage once the dust finally settles.  I'll give you 3 guesses and the first two don't count.  It's you buddy.  Just as it always has been.  You don't really think this asshole Poulson, with a fortune estimated at $700 million bucks is going to take the hit now do you?  Or someone is going to turn McShame out of all of his 7 houses so he has to sleep under a bridge?  In a pigs arse.  You are going to pay the fucking bill, just like the poor working stiff has always done.  But it's funny, don't you think, that every fucking time there is a finiancial crisis the same names crop up. 

J.P. Morgan ring a bell anyone? During the American Civil War, Morgan was approached to finance the purchase of antiquated rifles being sold by the army for $3.50 each. Morgan's partner re-machined them and sold the rifles back to the army for $22 each. The military knew it was buying back its own guns, so the so-called 'scandal' turned out to be more about government inefficiency than any chicanery by Morgan (who never even saw the guns and acted only as a lender). Morgan himself, like many wealthy persons, including future Democratic president Grover Cleveland, avoided military service by paying $300 for a substitute.  Sounds kinda familiar doesn't it.  Bullet proof vests that don't stop bullets perhaps?  Or armoured Humvee's that a skinny kid with a sling shot and a fire cracker can blow into the ditch upside down?  Buy your way into the Texas National guard?

I don't suppose I need tell you that the whole of the Morgan family have been Republicans since Linclon's day now do I.  Hell, Deadeye Dick Cheney could have used him as a life model.  (And I ain't saying he didn't.  Just have no prof.)  While out our way he is mostly remembered for his part in the greatest land grab in the history of the United States as he was heavily involved with railroad tycoon James J. Hill and the Great Northern Railway.  And now Morgans successors have salvaged the ruins of the largest Bank banckruptcy in Unites States history by buying up most of the remains, again with your dollar.  Although the bald head with the long face is trying to make out it didn't cost the suckers taxpayers a penny you can bet your sweet arse it did seeing as how J.P. has a real big pipline directly into the tax coffers and a pump big enough to suck it dry if they need it.  Remember Bear Stearns?  That's when they stuck the tube in deep and as far as I've heard, they haven't pulled it out as of yet.  Not that that is going to take all that much of a pump anymore.

 Of course they didn't buy the shit part that caused the bankruptcy did they?  Not on your life baby.  They left you to suck that up through the FDIC.  Or the Federal Deposit Insurance Corp.  You heard of them?  Well they are the lot that are supposed to pay you out, to the tune of up to $100,000, if your bank goes bust and you have some money in it.  Well, don't hold your breath gang.  'Cause the Deacon Dumb gang have managed to drain all the funds out of the FDIC and give that to their friends also.  That's why the deal was done on Washington Mutual.  If they had let it go through with the bankruptcy the FDIC could not have paid out!  As it is, it looks like the stock holders are going to be sucking hind tit on this one just like the Freddy Mac and Fannie Mea bailouts.  Tough shit kids, you made a bad investment.  That WaMu made a shit load of bad investments without the slighest scrap of control by the Milton Friedman, free markets at all cost, crowd, (As long as they don't have to pay the cost.) is also true  but I'll bet the head cock at WuMu ain't gonna suffer a whole lot.  OK, so the wife will maybe have to wait a year for the new Ferrari.  That would be a shame for certain but she can always take the Merc out to the Gulfstream when she wants to go shopping in NYC.  I know, I know, she'll have to sit real low in the back seat so her girlfriends don't see her and point their fingers but that's just too bad.  These are hard time Madame! 

And that's what all the bickering is that's going down back in Washington.  How they are going to get away with sticking this up your arse once again right up to election times .  'Cause a lot of the "Boys" in congress that are trying to push this shit are up for re-election this time and they know damn well that now the cat's out of the burlap the folks back home are more in a lynching mode than a voting mode.  And wearing a hemp necktie ain't very comfortable to their way of thinking.  But we can all hope it does become all the mode in the very near future can we not?  It's a long time till Christmas so why not decorate the lampposts early this year?  And it would be right on theme too seeing as how these cocksuckers have been playing Santa to themselves and theirs far too long so it's about time they brightened up scene a bit and brought a bit of joy into the lives of all the people they've been screwing for so long who are damn tired of being fucked all the time but never kissed. 

As a final shot I leave you to a bit of levity with Jon.  Tomorrow I'll give you my lowdown on the debate.  To tired at the moment as I had to sit up till 5 in the AM to see it over here.

Have a fun day!