About these disgusting, greedy, idiots . . .

Hey, I don’t like name calling. These – uh, people – probably hug their kids and pet their dogs – but damn, they make me angry. Take the first few paragraphs of Tom Friedman’s column today and see if you can remain calm:

I spent Sunday afternoon brooding over a great piece of Times reporting by Eric Dash and Julie Creswell about Citigroup. Maybe brooding isn’t the right word. The front-page article, entitled “Citigroup Pays for a Rush to Risk,” actually left me totally disgusted.

Why? Because in searing detail it exposed — using Citigroup as Exhibit A — how some of our country’s best-paid bankers were overrated dopes who had no idea what they were selling, or greedy cynics who did know and turned a blind eye. But it wasn’t only the bankers. This financial meltdown involved a broad national breakdown in personal responsibility, government regulation and financial ethics.

So many people were in on it: People who had no business buying a home, with nothing down and nothing to pay for two years; people who had no business pushing such mortgages, but made fortunes doing so; people who had no business bundling those loans into securities and selling them to third parties, as if they were AAA bonds, but made fortunes doing so; people who had no business rating those loans as AAA, but made a fortunes doing so; and people who had no business buying those bonds and putting them on their balance sheets so they could earn a little better yield, but made fortunes doing so.

Isn’t that one helluva a chain of irresponsibility and greed – the part I put inbold? Greats ummary of our whole financial mess. I read that and had to pace around the room ten times before I could get calm enough to read the rest and see if Friedman had any wise words to share on where to go from here.

Nope . . .just made me angrier with more details of gross stupidity from people who live high on our pain and who are now holding us all hostage, making incredible demands, and getting them dished out in incredibly clumsy, fat-cat deals from a dying administration of more fat and stupid cats. (Why am Ipicking on cats here? I like them. these folks are dispicable. No – have to smile, have to remember – the actions of these folks are despicable. There – that’s better. )

Bottom line – there isn’t a solution. The rich got richer – the middle class will get poorer – and government will fumble on. Go home Bush – now! Yeah, I blame you becauseyou’re the enabler and the buck has to stop somewhere – of course it won’t. You;re as oblivious as these bankers to your own stupidity and incompetence. Just pass it on to this new kid – Obama. Yep – he’ll have to be a miracle man, that’s for sure. Grrrrrrr . . . Remember Ishmael, walking down the street on a bleak November day and methodically knocking people’s hats off? Time to go to sea.

Yeah if I push my chair back, look out the window, I see some bright sunshine breaking through. The rest of the universe is doing fine 😉

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