Bailout 101

Xymphora finds a concise little article explaining the mechanics of The Bailout on a micro-economic level: One massively overpaid oil speculator(whose actions might have (read, probably did..) helped spike oil prices in 2008) that will receive a $100 Million Dollar B*O*N*U*S for profiting from spiking oil prices in 2008! (And yes, the repeat language was intentional..) Bonus? That fuckin' guy (and all his ilk) should be charged two dollars a gallon for every gallon sold to everyone in the U.S. for the entire year! Market manipulation effects all consumers, and future(if there ever is any--which is doubtful..) legislation should mirror those serious implications.

"Too big to fail," is turning into "Too big to regulate." and "Too big to give a shit about anything but the corporate bottom line."

Too bad for us.