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| JP Morgan: Socialized Capitalism - PF 028 |
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JP Morgan has successfully arranged for
taxpayers to guarantee the dubious assets of
Bear Stearns in a risk-free takeover.
*****
FULL TRANSCRIPT:
Free-market capitalism. It is our mantra.
Unrestrained, unfettered, unregulated,
Darwinistic, laissez-faire capitalism.
The strong and healthy survive and flourish,
pocketing unlimited profit, while the weak
and mismanaged fall to the wayside.
Unless of course we're talking about really
large investment banks, owned by and handling
the investments of wealthy Inner Party
members, then the shoe is on quite another
foot, and we, the wealthy oligarchs, become
the biggest blood-sucking socialists you've
ever seen at the government slop trough.
The aristocrats who control JPMorgan have
successfully conned the federal government
into using the U.S. taxpayer as a safety net
to allow JP Morgan's takeover of the remnants
of Bear Stearns at pennies on the dollar.
*VIDEO INSERT*
You're damn right they are. If we make
profits, we get to keep them. If we screw up
and lose money, we run as fast as we can to
suckle at the government's teat until we've
had our fill. Why suffer devastating losses
when you can plunder the taxpayers?
The irony of this action is magnificent: we,
the wealthy Inner Party, purport every day to
be chastely conservative and solemnly devoted
to free-market capitalism.
Anything that hints of socialism or
government assistance we strike down with a
mighty sword in broad public view.
Our surrogates are able to whip hoards of
middle-class wage-earners into a frenzy with
the mere mention of welfare, taxes,
regulation, or government hand-outs.
And yet the government bailout of Bear
Stearns is the most expensive Socialist act
the government has taken in decades.
*VIDEO INSERT*
Yes, that makes me feel fantastic; that man
is a good friend of mine.
*VIDEO INSERT*
Ah, even better still. The CEO of the company
that failed made an even larger bonus,
illustrating that those who are simply out
for themselves will reap even greater reward
and compensation.
Wannh wannh wannh.
Anyone who uses a gun to commit robbery in
the U.S. is a fool, as long as the U.S.
federal government is around to give it away.
In overseas news, we are 6 months away from
total victory in Iraq.
You will continue to support President George
W. Bush and you will report the names of any
persons heard criticizing the president, the
party, or the war.
Have a pleasant evening.
Tags : Bear Stearns JP Morgan bailout Marxist Marxism capitalist capitalism corporate welfare handout election 2008 |
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Affichage : 3662
Durée : 177 s |
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