Here’s my take on the current economic crisis and the government’s desire to take (at least) $700,000,000,000 of taxpayer funds to “bail out” Wall Street: Fuck Wall Street.

I want Wall St. and the stock market to crater. I want to see a painful recession. I want the natural order of things to take over.

I do not want the government to save the market from itself. I do not want some bullshit reasoning that says I’m going to have an equity share in these institutions my tax dollars are used for to save. I’m willing to bet $5 that I personally will not benefit one iota from nationalizing finance any further than it has been (and I’m willing to bet another $1 I won’t see any return from what has already been nationalized).

What’s going to happen? People who shouldn’t get credit won’t be able to get credit? Good. I actually heard an argument for the bail out saying that if it doesn’t go through people won’t be able to buy cars. Bullshit. If their credit is good they’ll be able to buy new cars. People with shaky credit are the ones who won’t be able to buy new cars. So what is the problem?

And will the bail out save one average person who is not in line for a monster Wall St. style year-end bonus from losing his or her job? Doubtful.

We actually need for people and businesses to take a hit, learn how to live with a tighter belt and get some fucking sense back to them when it comes to money.

Also, Chris Dodd and Barney Frank should be forced to shamefully resign their seats in Congress. They’re both fucking disgraces.

Anyway, this is all a by-product of the original “me first” generation, the baby boomers, freaking out because they’re facing a bit of adversity. All they’re thinking about are their own retirement portfolios and they don’t give a shit how many generations it takes to dig out from under the debt as long as they get theirs. Assholes.