ThePoliticalCat

A Blog devoted to progressive politics, environmental issues, LGBT issues, social justice, workers' rights, womens' rights, and, most importantly, Cats.

Friday, August 17, 2007

Politics - The CEO Presidunce Runs The Economy Into The Ground


Eat, drink, and be merry, for here comes the fucking apocalypse.
Wal-Mart CEO H. Lee Scott Jr. says customers are "running out of money."
That's always been the plight of the poor and the improvident (which are NOT one and the same thing). Too much month at the end of the money. Raw Story reports a story from the L.A. Times which has customers of Countrywide showing up to withdraw money.
"At Countrywide Bank offices, in a scene rare since the U.S. savings-and-loan crisis ended in the early '90s, so many people showed up to take out some or all of their money that in some cases they had to leave their names," the Times added. "Bill Ashmore drove his Porsche Cayenne to Countrywide's Laguna Niguel office and waited half an hour to cash out $500,000, which he then wired to an account at Bank of America."
I have money in Countrywide. I hope to deity the FDIC makes good on this customer run on the banks. Thank you, Stupie McPoopy! You and your cronies have managed to smash the once-vibrant and healthy economy. Geezus, I'm an aneurysm in waiting, these days.

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