Friday
09Jan2009
ooooops!
Friday, January 9, 2009 at 09:38PM
In amongst all the cash heading the way of the American car industry, as well as the American banking clowns, did anyone else notice the hilarious request from Larry Flynt for a modest $5billion to help the Porn industry through the recesssion?
I thought it was without exception the funniest thing I've read in years. Can you just imagine the reaction from the Rigid Right-Wing branch of American (Foaming at the Mouth ) Zealots United; or the discussions within the Senate Committee investigating the possible disbursement of the cash?
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Reader Comments (5)
Well we make better porn than cars anyway.
"Michael DePrimo, spokesman for the American Family Association, said: "Obviously they are being facetious. It is very much tongue-in-cheek - Larry Flynt has a sense of humour. But the fact that he is mocking Congress is not unreasonable."
He may be a most reprehensible specimen of humanity, but good luck to him for showing that a) he isn't the worst of that ilk, - all those bail-out vultures are even worse, and b) That the Constitution, and its implementation, can mean as much to the less desirable among us. It isn't exclusively for all the God fearing 'good guys'.
And what a wonderfully sarcastic, or is it sardonic? way of showing up 'the system', for what it really is! making the point that what is good for one, should also be good for all.
If DePrimo - from the religious right, - can see the humour in this request, - why are so many taking it as though it was made in all seriousness?
Lighten up! - he was just making a point. Americans can and do have a sense of humour, as was seen in the recent election...
It strikes me that if the federal government saw fit to bail out the banking industry, it should also see fit to bail out the ...... industry.
Just kidding!
Just a little anecdote re 'the bail-outs', sent via an daily investment news letter.
Quote:
"Keep your eye on private-equity firms like Wilbur Ross' if you want to see how big business and big government collude to rob the taxpayer. These institutions will buy the bank assets for pennies on the dollar and then force the government to make good on the bad loans. In three or four years, when the crisis is over and the assets are fully valued, the private investors cash out – making 50 or more times their investment. Then... maybe a few more years later... the politicians who set up these deals end up in high-paying jobs working for guess whom?"
Doesn't make for pretty reading does it? No wonder those Dem congressmen are so enthuiastic for the bail-outs!...and it doesn't apply just to the US, just look who are getting all the plum jobs in the government 'owned' financial institutions here in good 'ole UK...and Gordon claims to be the 'master mind' behind this world saving plan!
Further proof he doesn't have a clue what is going on in the real world.
Let'em try to make a better one of those in Poland!