Thursday, October 9, 2008

401 Blues

This is going to be short. I got my quarterly 401(k) report this morning and have been in bed ever since. My intravenous Budweiser input and my catheter are in perfect balance so don’t worry about me. My ****/McCain tax obligation just went up again at exactly the same rate as the retirement account and the value of my house went down. That I’m paying a higher rate than many millionaires is damn disturbing. Thank goodness the report cut off on the last day of September as it's been in free fall ever since.

It’s absolutely startling how I – and millions of other Americans who are in our houses using the most conservative of purchasing methods and who invested in securities, again through the most conservative ways of diversifying our mutual fund accounts as recommended by the folks walking away from their failed hedge funds with tens of millions of dollars in severance packages suggested – got sent to bed. But now I find that the whole shebang was a house of cards.

That it was a house of cards was bad enough but that it was well known to all these big timers long ago is what is so galling. That the Wall Street crowd knew all the time that after they withdrew their millions – billions if you add them up – that their reps in Washington – that’s short for the **** administration and their enablers like John McCain – would have to bail out the entire system.

Now one of their chief representatives in Washington, their loyal servant in deregulating them so they could speculate beyond their fondest fantasies and dreams of avarice, John McCain, is running for president under the banner of punishing the greedy evil doers. Way to lock that barn door, John Boy, but that horse was stolen so long ago that we can’t remember its name.

As I was typing this in bed, I had to turn up the input, so before it overwhelms the output, I’ve got to go. But I know damn well who I’m blaming for my new tax and for my condition; you’ve got it: ****/McCain – no third term for taxers like them.

And I ain’t b.s.n’ ya.

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