OK, here’s yet another petition for impeachment of Preznit Bamblytard.
This one might actually have some legal standing as its basis in fact is the bail-out of Bear Stearn by JP Morgan Chase, who were given $30 billion by the Federal Reserve as an incentive. Note that this payment is termed to be a “loan” by the Fed, but not in the conventional sense you and I and Guido understand; rather, it is a “non-recourse” handout that does not require repayment by Morgan back to the Fed in case Bear’s assets turn out to be worthless, which is highly likely. Basically, the Fed gave Morgan a giant-ass put option.
Now git your butts over there and sign this thing. I kinda know the person responsible for putting it up and I trust him with my data; he does need an actual address and working email from you.
Oh and the sweet irony is: the guy who’s behind this thing is a hard-core Republican.
Sunday, March 23
Chimpeach!
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