Monday, March 09, 2009

Credit Default Swaps

The four letter words that decent people just won’t dare to say in polite company for the next five to ten years will be “derivatives” and “credit default swaps.”

Both owe their lease on life to another word so terrible that by all rights it should require that death by hanging be reinstated, and that word is “deregulation.”

One of Osama Bin Laden’s goals was to bankrupt the infidel capitalist west, and especially America. Despite lots of lunacy and suicide bombing, his people have had very limited success. But the immoral and greedy business people and politicians who worked so hard at making “deregulation” a reality seem to have finally succeeded.

And now their natural leader is now able to come out of the closet as well. A morbidly obese, drug addicted, reactionary radio talk show host.

This whole tale would be just be a comical farce suitable for a second rate college play, if it sadly was not true. I really don’t have a big enough vocabulary of evil disgusting words to adequately describe these greedy assholes.
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