Tuesday, April 21, 2009

"Some Pretty Dreadful Lasagna"

Things are tough all over. Note the comment near the end:

The good news is that Americans have short attention spans. Before long, some other group will come along to absorb all the frustration and anger.

Desperately seeking distraction. It's essential that the outrage gets refocused and ramped up -- against Obama, Iran, anything.

10 Comments:

Blogger wendyo said...

While I appreciate the writer took the time to lay out her point of view (which was destined to be lampooned), her sense of victimhood and self-perceived exceptionalism manages to expose itself between the lines of her self-deprecating disguise. I can only imagine the conversations among the members of this rarified flock when they are sure the hoi polloi aren't within ear shot.

4/21/2009 10:14 PM  
Anonymous Anonymous said...

Fascinating insider's view of American Royalty.

I've got a brother that's been unemployed for 6 months... an indirect victim of this entire debacle.

Their family car was repo'd at 4 AM Easter Sunday. That leaves them with just a work van, so he's made a bench and installed seat belts for the kids.

TARP wife has the luxury of minding an image; millions are like my brother and quietly watching the cupboards tilting toward empty.

Aside from my personal bristling, the big thing that hits me: her husband was coasting all these years, enjoying his station in life, not sweating the details. Now he has to really work, and it's hard, complicated, stressful.

She still doesn't get that connection between the two.

4/21/2009 10:30 PM  
Anonymous Chad said...

This article wasn't pointed out to show how out of touch this strata of society is. It was pointed out because no one is really doing anything to prevent the mistakes.

4/22/2009 1:42 PM  
Anonymous Cheryl said...

It was just over a year ago that my Dad, a retired chemist, told me to get my retirement money out of the stock market and into T bills. But non of the professionals 'saw this coming...'

4/22/2009 1:57 PM  
Anonymous Anonymous said...

... It also means we’re part of the community of more than 400 companies that have received government bailout funds, whose fall from grace has been swifter and harsher than any since Mao frog-marched intellectuals into China’s countryside.

Excuse me, WTF! How glib to compare Wall Street exec's fall from grace to China's Cultural Revolution. What will the authoress have as a reference point when her husband is marched off to work off his sins hand picking fruits in the California Central Valley fields. To whom does she comparing her fall - Marie Antoinette?

4/22/2009 3:10 PM  
Anonymous Thomas Daulton said...

I'm with the above commenters, especially Anon10:30.

Matt Taibbi had the proper response to this sort of testimonial when he ripped the AIG letter "whining" about betrayal of bonuses:

If you claim you didn't know these financial dealings which made your millions were exploitative and insanely risky to everyone including those completely uninvolved, then first of all we don't believe you. Second of all, even if true, that means you're too stupid to be trusted with these deals, then or now or in the future. About the most positive thing you can say for yourself might be that you were an amoral cog in an evil machine, "I was only following orders". That defense didn't go over too well at Nuremberg. Obama seems dead-set determined not to have any financial equivalent of the Nuremberg trial for this disaster, but the masses are itching for it. We'll see.

The wife isn't actually personally guilty of these things, as the banker is -- but she displays the same willful ignorance: "I was only keeping up appearances" instead of "I was only following orders". Sure she isn't responsible, but the problem is, if we put them both back into their financial positions of power, they're just going to go right ahead and do the exact same things over again. A lesson needs to be learned somehow and her 'confessional' hasn't convinced me anyone's learned anything.

Hey, here's a message for those Teabaggers and free-market conservatives out there: remember Ayn Rand writing in "Atlas Shrugged" about how evil and decadent all governments are, because "a Sultan confiscates a few grains of rice from each of a million peasants and then squeezes them into a diamond" ??? Well guess what our financial sector has been doing for upwards of 30 years??

4/23/2009 2:03 PM  
Blogger Jim said...

This comment has been removed by the author.

4/24/2009 1:09 PM  
Anonymous Inthon said...

Poor dear (tear rolls down cheek)

4/24/2009 1:19 PM  
Anonymous Anonymous said...

How can anyone not take this for a joke? A little tongue in cheek fun? I'm shocked that anyone takes this a face value.

I was going to post about how I can feel it down to my bones. Something is going to happen. Something big. Something bad. Something that will be reaction to or perhaps against all that has seemed to happen so far. The crash. The lost wars.

It was the height of credulity to imagine American assets were not going to suffer a massive implosion, sometime. Yet now that it happened nothing has really changed.

Can you feel it? Probably not if the TARP wife seems real while Glenn Beck tilts at windmills every evening every evening and they seem real to millions.

4/25/2009 3:07 AM  
Anonymous KAIMU said...

ALOHA !!

I was recently laid up in the hospital and while there I saw this on TV.

Link: http://www.upi.com/Top_News/2009/04/24/Obama-Cut-banks-out-of-student-loans/UPI-23821240612415/

GO OBAMA!!!

Many here may have seen my post months ago that looked like this.

US TREASURY>>US FED>>WE THE PEOPLE

Who is in the MIDDLE?

Then I went off about how all the US BANKS are doing nothing different than the MAFIA skimming profits off the VEGAS CASINOS.

Perhaps there is a GLIMMER OF HOPE for OBAMA, but I know for a fact that he has more than half a brain so I have to assume that he has not thought about doing this exact same thing to save the US GOVERNMENT TRILLIONS and just eliminate the US FED MIDDLEMAN and all their US BANK/FOREIGN BANK members. Keep the infrastructure and DUMP the owners who have all been profiting for decades since 1913 running their own insiders country club scam with wallpaper made of FRNs!! Let them redecorate for a change in shabby chic!

Why not? What are all the US FED employees going to do riot? Throw a TEA PARTY?

I grow orchids ... Let them sweat for once in their misguided lives!

4/26/2009 7:10 PM  

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