To those of you suffering in any way during this wintry economic climate, former Senator and McCain Advisor Phil Gramm has a message of compassion for you.
"You've heard of mental depression; this is a mental recession...We have sort of become a nation of whiners."If you don't know Phil Gramm here's a refresher. His wife worked the board of directors for Enron, a company with which Gramm assisted by passing legislation that deregulated the energy futures market and created the "Enron loophole" which allowed them to scam California for $40 billion and may be helping fuel the surge in oil prices. He also deregulated banks and accounting companies, stood in the way of oversight, and passed more bills that greased the skids for the current subprime meltdown. He then jumped to banking and mortgage firm UBS where he lobbied congress on their behalf as its vice chairman. He then started advising McCain on economics, where McCain then started taking up more an more positions that echoed essentially what banks and subprime lenders exactly wanted.
Over the past decade he has generally conducted himself like a man who should be dressed in a mask, black cape and stripes, carrying around a large sack with a dollar sign on it as he tied some poor bastard to some train tracks.
His message in short "Fuck you. I'm rich, why aren't you? Suck it up, be glad I'm not hunting you for sport." We should be lucky that he isn't demanding that the poor be mashed up into paste to better lubricate the gears of industry. If you ever wondered why Obama would vote for telcom immunity, guys like Phil Gramm are why. Because are you really going to vote for the guy who wants the Gramm economic policy? No you aren't, so shut up and quit whining.
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