Look out for falling banks
Holy cow — lookout! There’s banks falling like boulders all around us!
Luckily for them, when big, important institutions such as investment banks fail, they fall right into the loving arms of the Bush administration.
AIG, Lehman Brothers, Merrill Lynch this week alone. Am I forgetting one? Probably. Now regulators are calling other banks looking for buyers in case Washington Mutual fails too.
Wall Street couldn’t be in worse shape if it was literally on fire.
But, the GOP is there to bail these irresponsible banks out of trouble with — you guessed it — taxpayer money.
That’s what the Establishment truly believes in: Socializing losses and privatizing profits.
God bless America, Comrade.
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