Monday, September 22, 2008

Recession threat is excuse for immoral bailout

It is now very clear that what caused the financial crisis in Wall Street and its downfall is mainly their evil over-speculations. Their acts are worse than gambling. Gamblers use their own money to gamble and they do it for many reasons but I believe most of them do it for the excitement and fun. However, the devils in Wall Street are gambling by using corporate money and they do for nothing except for the sake of gambling! If they lose, the money lost does not hurt them because they don't pay for the stake. The parties bearing the losses are the investors, the employees, the general public who share the burden. If they win, they take the lion's share through golden compensation packages, stocks, options and many many extra perks, etc.

There is no point to threaten the public by recession. The figures are manufactured by artificial means and if recession is here, there is every reason to stop any more immoral bailouts to benefit the devils in Wall Street.

When you find out how much they bet on the so-called "credit default swaps" and why such monstrous products are used for speculation, you will agree that no one on earth should buy up the toxic debts and liabilities that those devils create to destroy our world. The devils should know too well that the risks and that one day the monstrous products, leverages, and toxic debts (whatever ways you call them) will explode and cause dire damages to our world. But they just do it! And mine you they are supposed to be the clever guys in Wall Street and the flesh and blood of our financial system.

No wonder why the bailouts must cover more than the toxic mortgage-related debts! There are so many other monstrous financial products around in Wall Street and you just can't say which is or is not a mortgage-related monsters. They are the true "aliens" and what the US bailout plan is to ask the whole world to share in their grand swallow of all the monstrous aliens and die!

I am sure the US economy can ride through any recession but if we have to swallow the aliens' toxic debts, I am sure we will all die with Wall Street! We are already seeing a panic escape from US dollar and related assets and when the devils win the battle by making us eat up their toxic dirts, then US dollar and related assets will become something as toxic (if not more) as their toxic dirts! My God, must I escape from everything related to US dollar? Where can I find a shelter? Should I join the victims of this financial turmoil and march to the US embassy to show our protests?

What kind of world is this bloody 21st century? Will the human race have a civilised future?

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