By Ben Cohen
Unable to lie his way out of the current catastrophe he helped orchestrate, George Bush finally accepted that the U.S is in a deep recession.
"Our economy is in a recession," said Bush after the release of a
government report showing the biggest month of job losses in 34 years.
"This is in large part because of severe problems in our housing,
credit and financial markets, which have resulted in significant job
After handing out $7 Trillion to financial institutions (yes, you read that right), Bush warned automakers that their request for $35 billion may not be accepted:
"I am concerned about the viability of the automobile companies. I am concerned about those who work
for the automobile companies and their families. And likewise, I am
concerned about taxpayer money being provided to these companies that
may not survive."
Concerned about taxpayer money paid out to failed companies? Concerned? Really????? The thing is, the financial industry is packed with Bush's friends, campaign contributors and former colleagues. Automakers consist mostly of blue collar union workers - in other words, enemies of the Republicans. The message is loud and clear: If you are rich, you will receive tax payers money, no matter how dreadfully your business has performed. If you are poor - you must adhere to the whims of the free market and accept your lot. Socialism for the rich, markets for the poor. Welcome to Bush style capitalism.