Capitalism done got brokened Wednesday 081001~20:32
Posted by gullybogan in News.Tags: Ansell, billabong, cochlear implants, condoms, financial crisis, wall street
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Dear Reader,
It seems that Capitalism did outlast Socialism, but only by twenty years.
A very clever man was talking on the tv last night about the kerfuffle the Mexicans are having with their moneys, and he said that the best thing for everyone would be for the Mexican economy to just collapse, cos at the moment the Mexicans are holding the rest of the world to ransom, using foreign funds and economies to shore up their crumbling empire.
If the Mexican economy collapsed, he said, oil would cost less, interest rates would go down, and we’d have cheaper iPods.
Sounds good to me.
The rest of the world would prosper, as Mexico disappeared into the Third World.
So let’s get that happening, shall we?
On the plus side, three stocks were going up last night on the ASX: Ansell; Billabong; Cochlear.
This seems to indicate that ppl who are hard of hearing were going surfing and having themselves some sex.
So life *does* go on after the Mexicans. Hurrah!
Yours,
Gullybogan
Gully I’m so over the Mexicans and their bankers crying that they wont make the billions anymore. They ruined many third world countries with their loans with interest that would leave them in debt forever. You know the cost to end poverty? 100 billion dollars. And the world is free. Fuck the Mexicans! Let them see how it is to be on the poor side for once.
And in America Campbell’s went up, because everyone’s stuffing themselves with comfort food – stocking up their fat stores for the incoming economic apocalypse.
Socializing wall street/bank speculation losses in the derivatives scam but not the profits is bad, bad for the USA, bad of the world.
That is what the bailout is- socializing private speculation losses- the sell out.
Mexico is an excellent example of what a “bailout” does- the banks stopped lending in Mexico- not increased lending.
They were making profits from the Mexican bailout so business took a back seat. That is socializing losses, and giving a profit for causing them.
The administration wants to do the same today- give a trillion plus tip to the guys who created the S&L scam on steroids- the derivative scam.
No to the bailout.
No to Socializing Corporate speculation losses.
No to removing capitalism and replacing it with a form of fascism (corporate/government union for profit).
The market will correct, and has to eventually anyway.
So it goes.
deaf surfers getting laid. well I never!