It's over — we're officially, royally fucked. no empire can survive being rendered a permanent laughingstock, which is what happened as of a few weeks ago, when the buffoons who have been running things in this country finally went one step too far. It happened when Treasury Secretary Timothy Geithner was forced to admit that he was once again going to have to stuff billions of taxpayer dollars into a dying insurance giant called AIG, itself a profound symbol of our national decline — a corporation that got rich insuring the concrete and steel of American industry in the country's heyday, only to destroy itself chasing phantom fortunes at the Wall Street card tables, like a dissolute nobleman gambling away the family estate in the waning days of the British Empire.
I disagree. We may be a laughing stock but as far as an empire the US has never been much of one. As far as the bail out of AIG, keep in mind that the money is not going down a rat hole but to someone (a counter party). For example, one of the biggest reciepients of the last bunch of money thrown at AIG was Goldman Sacks. This was done by Henry Paulson, the ex treasury chief, and ex chairman of Goldman Sacks. It helps to have friends in high places. AIG is just a conduit for the big money banks to rob the treasury without the American people realizing. Now we are worried about 165 million in bonuses to distract us from the billions being stolen from the treasury right in front of us. And the congress is totally complicite.
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