{"id":1141,"date":"2008-09-29T06:07:45","date_gmt":"2008-09-29T10:07:45","guid":{"rendered":"http:\/\/morningseditionists.com\/msblog\/?p=1141"},"modified":"2008-09-29T06:24:52","modified_gmt":"2008-09-29T10:24:52","slug":"monday-open-thread-114","status":"publish","type":"post","link":"https:\/\/www.morningseditionists.com\/msblog2\/2008\/09\/29\/monday-open-thread-114\/","title":{"rendered":"Monday Open Thread"},"content":{"rendered":"

Looks like the rich folks are licking their chops at the thought of getting a piece of the bailout pie<\/a>.<\/p>\n

Even as policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it.<\/p>\n

Financial firms were lobbying to have all manner of troubled investments covered, not just those related to mortgages.
\n[…]
\nNobody wants to be left out of Treasury\u00e2\u20ac\u2122s proposal to buy up bad assets of financial institutions.<\/p><\/blockquote>\n

So, get prepared to dig deep folks. If you think this will stop at a measly $700 billion, you’re nuts. We can’t afford healthcare in this country. We can’t afford to fix the roads. We have to close hospitals, and we sure as hell aren’t going to “throw money away” on public (read, “godless”) education. But we can sure as hell mortgage away your kids’ and grandkids’ (and their<\/em><\/strong> kids’) future to help out the same rich people who are taking away your homes and tossing all your shit to the curb.<\/p>\n

And the best part it, the CEOs and executives of these investment firms get to keep making millions of dollars a year in salary, sparing them the trauma of counting their cars, yachts, and mansions, and selling a couple of them. And if you’re heartless enough to think that your tax dollars shouldn’t be going to preserve the lifestyles of the rich and famous, well, you’re just engaging in class warfare<\/a>. So get over it!<\/p>\n

Hell, it’s worth it. Right?<\/p>\n","protected":false},"excerpt":{"rendered":"

Looks like the rich folks are licking their chops at the thought of getting a piece of the bailout pie. Even as policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it. Financial firms were lobbying to have all manner of […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1141","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.morningseditionists.com\/msblog2\/wp-json\/wp\/v2\/posts\/1141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.morningseditionists.com\/msblog2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.morningseditionists.com\/msblog2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.morningseditionists.com\/msblog2\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.morningseditionists.com\/msblog2\/wp-json\/wp\/v2\/comments?post=1141"}],"version-history":[{"count":0,"href":"https:\/\/www.morningseditionists.com\/msblog2\/wp-json\/wp\/v2\/posts\/1141\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.morningseditionists.com\/msblog2\/wp-json\/wp\/v2\/media?parent=1141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.morningseditionists.com\/msblog2\/wp-json\/wp\/v2\/categories?post=1141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.morningseditionists.com\/msblog2\/wp-json\/wp\/v2\/tags?post=1141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}