Its Sunday and I have free-lance work to do so here I am at 8:00am watching Chris Wallace interview Nancy Pelosi. I should watch my DVD boxed set of old episodes of Capitan Kangaroo instead of upsetting myself watching Western Civilization collapse. Thank you, you granola-eating hippies in San Francisco, for sending us this gift to American democracy, this steely-eyed, plastic-faced harridan of a Pelosi.

The amazing thing is that people can listen to what she's saying and think that we're headed for anything but economic collapse. The twisted thinking is so completely and manifestly wrong that the disastrous consequences are easy to see. These are people who think that increasing the Earned Income Tax Credit payout is a tax cut. Pelosi states that the most expensive budget item in the Bush budget was the anemic tax cut which preceded a curious rise in revenues. But cause and effect are not going to cut much ice with people who ignore the lack of relationship between carbon dioxide levels and temperature and are poised to destroy any remaining industry that hasn't yet been completely crippled by their predatory worker's unions by enacting the same cap and trade carbon tax scheme that was such a failure in Europe. This in the middle of a decline in global temperatures; ignore the arctic temperatures, our oft-changed computer models are all you need to know.

Do you like driving your car? Well, this being a beautiful Sunday morning with temperatures in the 70's, you wont have to even put on your slippers to walk outside and gaze fondly at the Global Warming Gas Belching Menace that the Democrats are going to rip from your driveway, you climate criminal! Take the old flivver for a spin with the windows down, no phone calls, and just revel in the feeling of being able to go wherever you like, whenever you like unlike what it will be like on the smelly, unmaintained, crowded public bus which is what lies in your future once the National Resources Defense Council is done writing our pollution laws.

But thats OK. Its not like you'll have a job to go to. Hyper-inflation will allow you to afford your fixed-rate mortgage, even pay it off from the weekly Economic Stimulus payout that will be placed in your account at The Government Bank by the US Treasury's reliable computer, adjusting it for the 35% inflation that occurs every week, of course. If you're not feeling tip-top you can go line up for free Prozac and Zanex at the Government Hospital if you can stand the screaming of the untended 'patients' in the filthy, moldering wards and the blood-caked nightmare of the emergency room. For those that cant stomach that there will be dispensaries for medical marijuana produced by the Department Of Agriculture and included in your 'free medical care'. This is tricky. The Department Of Agriculture will have amazing success raising indoor cloned sensi buds but not so much success with less important crops like wheat and corn so the munchies that are caused by the medical use of marijuana might not have anything around to satisfy them. Meat and any form of transfat will be illegal of course. Cows cause global warming, you see.

So the barbarians have taken over the capital. They are dreaming dreams of instituting the Depression-curing policies of The Sacred Franklin. Except we wont be as gauche as they were in the 30's and insist that people in government make-work jobs actually work. Well, at least the sun is shining. If I didnt have to work on 'Superhero Squad' I'd be laying out in the sun on my hammock reading a book. Next week.

Wahovia trembles. Overseas banks collapse. Economic panic and chaos in Russia. Hyper inflation and disruption in India. Even China starts to be dragged down by the current global attack of financial insanity. The US Congress at first stepped up to the plate and added enough provisions to the Paulsen Plan to convert our economy to a socialist state like Zimbabwe at a cost that would either mandate outright confiscation of all income or a complete devaluation of the currency. Or both.

Why are people dumb enough to vote for Democrats? It used to be that the Mainstream Media controlled the flow of information and only geniuses like Reagan, who had the knack of talking past them; hardened obfuscators like Eisenhower who had the knack of cloaking his real intentions in several layers of seemingly incoherent nonsense and out-and-out tricksters like Tricky Dick could get through the liberal blather and get themselves elected and make a difference in the direction that things were going in. But now you can go on the internet or listen to talk radio. There are a dozen great magazines you could subscribe to. Anyone who still believes that this problem was caused by a lack of government intervention in the markets is a thick-headed, ignorant retard.

Unfortunately it seems that thick-headed, ignorant retards seem to abound in the halls of Congress and under the harsh fluorescent lights of America's newsrooms. Even so this is a political time-bomb under the feet of the GUILTY Democrats. That was the party that campaigned on 'Culture Of Corruption' two years ago; roping in enough borderline retards, granola-eaters, welfare chiselers, illegal aliens, felons, self-serving employees of the massive and growing cancer of government and absentee ballots from pets and mental patients to build a coalition of greedy parasites, utopians and mendacious power-trippers numerous enough to allow the Democrats gain control of the Congress from the feeble Bush-destroyed former conservative party.

The Dems fingerprints are all over this mess. The plan that the toothless Bush was ready to sign was a recipe for Depression; worse even than doing nothing. You can recover from a crash; overregulation and high taxes are terminal. But the Dems, aware of how culpable they are, refused to pass this mess into law without Bi-Partisan Unity. That means they want Republicans to blame if this doesn't work; its already universally described in the media as 'the Bush Bailout Plan'.

That's when the Hero, John Boehner, stepped up and halted the entire process. At the fatal meeting in the Cabinet Room Thursday, where BH Obama and his aggression, spawned by his total and complete ignorance of what was going on, caused a food fight which alarmed even the comatose Bush and during which the Wrinkly Old White Dude sat silent, Boehner dug in his heels and refused to turn America's mortgage markets over to the tender mercies of ACORN. Under that bill a crowd of slimy attorneys and cockroach-like 'community organizers' would gain control of your mortgage and apply the 'Law Of Fairness' to the horrible injustice that lets some people live in nice houses while others live in slums. Yuppies who figured on retiring on the equity of their house would have found themselves living in the hybrid mini-van one step ahead of the repo man while their four thousand-square foot McMansion is torn apart and destroyed by a riotous crowd of 'the deserving poor'.

There would be a kind of justice in that as mini-van driving Yuppies are the thick-headed, ignorant retards who generally vote for democrats in the fervent hope that they'll fix the weather. The Dems cant fix the weather, which is showing suspicious signs of not being broken in the first place, and they can't fix this financial crisis either.

Even stripped of the errant idiocy proposed by the Democrats the Paulsen Plan might not work. The damage is too widespread. This is the kind of thing that just gathers momentum. All the decades of patches and ad hoc solutions are coming back to bite us. The giant, empty, real estate bubble is bursting and is ready to take everything down with it. The days of a funky three-bedroom house in a suburban neighborhood in Los Angeles selling for $800,000 are over. Jim Cramer says the market is headed for 8300. That will certainly change a few life-styles!

The Dems hope they can hang this whole deal on McCain and Bush. Bush is in a cocoon, he matters less and less. McCain is a different story. He has only one way out of this, politically. He has to tell the truth about the Democrats. That's something he manifestly did not do during the debate. Thats something he hasn't ever done but he better make up his mind to be a Republican or lose the election. somebady is going to get nailed for this; shouldn't it be the people who were actually responsible-- Clinton, Frank, Dodd and the rest of the Socialist low-lifes who engineered this disaster in the name of compassion.

A new set of showtrials are in progress. The people who have done everything in their power to raise gasoline prices are bringing in the people who are doing everything they can to lower gasoline prices and demanding to know why prices are so high. Politicians who voted to keep ANWR and the outer continental shelf off limits to drilling, who have prevented the construction of nuclear power plants and oil refineries and who are wasting hundreds of billions of dollars of taxpayer's money on bogus 'renewable energy sources' feel like they have to show the morons who voted them into office that they are 'tough' on the energy company executives who they imply are engaged in a nefarious scheme to squeeze money from the helpless public. Almost every disruption and price rise that has happened recently can be traced to government intervention in the market, usually, but not always, at the behest of the eco-maniacs whose ultimate goal is the end of private automobile ownership for the common herd. Even though the Republicans are (or were) slightly better on this issue the fact is that the political culture in Washington is united in its belief that this type of intervention in the marketplace solves problems instead of creating them. In the coverage of the banking crisis one reporter remarked that there hadnt been this level of government regulation proposed in the finance industry since the Great Depression. There was a charming lack of irony in that statement which showed no understanding that excessive government regulation might have turned the Crash Of 1929 from a sharp recession and market correction into a decade-long nightmare. Now we're seeing the same Hoover-FDR style of bullying/bungling and an entire elite culture which has been so miseducated in their Ivy League socialist boot camps that the obvious basic economic facts of life are a mystery to them. This has even slopped over into the private sector. The larger a corporation becomes the more out of touch with economic reality and bloated with layers of bureaucracy it becomes. Now we're seeing more and more companies coming to the government for a bailout so that the shareholders, who put up with endless mismanagement and government overregulation wont have to stop and think about where all this is going. Bear Stearns is a prime example. The government goes on a rampage yelling about how restrictive lending practices (requiring good credit and the mortgagee putting a certain percentage of the price down before a mortgage was given) were locking minorities and the working poor out of the housing market. Down go the fences and all of a sudden the housing market is filled with deadbeats and speculators, prices expand in a giant bubble which everybody mistakes for a real growth in equity and then POP! the bubble bursts. The government, which was instrumental in causing the problem in the first place, rushes in with hundreds of billions to 'prevent a disaster'.
Of course, this is not free money this is money that comes with strings attached; the banks will have to submit to the aforementioned 'depression-level regulation'. Now the same level of intervention is going to be applied to the energy industry. How many hundred-million windmills or solar panels will it take to produce the same amount of energy as one nuclear power plant and how much energy does it take to maintain and capture the energy those widespread 'alternative energy sources' will generate? We already know that Ethanol takes more energy to produce and distribute than you get from burning it, and that the federal subsidies have raised food prices dramatically (why arent the food executives being dragged in front of the Inquisitors?). Isnt the trend towards 'depression-level regulation' in all industries?
With the Republicans morphing into the "Me Too, Just Not As Much" milquetoasts, very similar to their clueless European 'center-right' counterparts, the people who disagree with the direction in which things are going find themselves on the outside with nowhere to turn. If enough industries are subjected to 'Depression-Level Regulation' we are going to have a depression, probably similar to the negative-growth high unemployment European welfare states. That would be bleak enough if we were financially solvent but we are not. There is a coming moment of truth when the declining economy wont pay for all the annuities, subsidies and transfer payments. Lowering the productivity of the economy and destroying individual incentive, creating a culture where a fat 401k and an early retirement from your meaningless middle-management job becomes the ultimate achievement and losing all sight of the principles and the vision that made us the leader of the world, the place where almost all new ideas and technical innovations originated, ensures that the perceived value of all pensions and transfer payments such as Social Security are vastly overinflated. When people realize that the paper promises they staked their future hopes on are nearly worthless that realization is going to cause political panic. I fear the next few years.