Wednesday, February 27, 2008

How To Foster Class Division in Three Easy Steps


Step One:

Lower Taxes on Rich


Step Two:

Sell Unethical Mortages to Inflate the Real Estate Bubble

Step Three:

When Bubble Bursts, Bail-out for Banks

(nemos great uncle)

The climactic third step. Bankers get to keep all the money they made off of selling mortgages, thanks to the bailout; middle class people are screwed because their property, their main asset, is worth less; and working people too poor to own their own homes are *really* screwed because they still have to help pay for the bailout.

And the rich share less of the burden _ see step one.

Genius, I say, pure genius.

Food for thought.

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