$700 Billion Bailout Celebrated With Lavish $800 Billion Executive Party

[dcsmart]

GEORGE TOWN, CAYMAN ISLANDS—Amid the bleak backdrop of imminent economic collapse, worried observers got some good news last October when executives from the nation's top 10 failing companies celebrated the historic $700 billion government bailout with an ultra- extravagant $800 billion party aimed at restoring confidence and bolstering their resolve.
"It's never ideal for private corporations to rely on public funding, but we would not have been able to survive another week without letting loose and throwing this massive bash," Merrill Lynch CEO John Thain said aboard his newly purchased $22 million yacht, the Excelsior. "We can only hope it's not a case of too little too late."
Three thousand guests were reportedly flown on 750 separate private jets to the Caribbean, where they commemorated the last-minute financial aid package—which saved their companies from the subprime mortgage crisis that has left thousands of Americans without homes—with 4-tons of Beluga caviar, $250,000 bottles of vintage Dom Pérignon served over precious gems, a 36-hour fireworks display, an additional loan of $200 billion to cover the costs of the gala, and a private concert for each attendee with rock legend Rod Stewart.
Held October 4–7 on all three of the Cayman Islands, the historic economic-stimulus celebration, spokespeople said, sent an important signal to the world that Wall Street was weathering the crisis in style.
Text

FULL ARTICLE
http://www.theonion.com/content/news/700_billion_bailout_celebrated

[Ghost Dog]

1. Forgot to mention the coke. n/t

[Diclotican]

2. dcsmart

dcsmart

Someone still remember how it was in Imperial Russia in 1916-17 where the elite (the nobles) was feasting as ever before - and the peasants and the new working class was starwing and freezing to death on the sidewalks of St-Petersburg and every large City in Russia?. Someone still remember what the russians was doing in the end, when it get enough? And was fighting back... You know that little parantese called the Great Russians Revolution of 1917...

If I was part of this group, I would be more carefully about parting as nothing was wrong, you do not need to party to the sum of 800 billion executive party, just because your ass are saved - by public money that is.. Would this money ever be paid back?.. When the economy is piecing up again, would this big bosses also pay back every single dime of what they was given, to save their asses?.. 700 billion dollar is a large sum of money, and it should be interesting to se if the Federal Government of USA ever got half of that back again when the red ink is stopping floating around...

But, just remember what happened in Russia, France and more og less every place on the earth, when the peasants and the "Small people" get enough about be treated as dirt... It is maybe time for you in the US, to tell your bosses who are in charge when everything come to everything.. You managed to tell it to the British King in 1776, maybe time to tell it to your new masters today.. Or are you all to busy following the next "reality show" who is more shocking than the next?.. If you do not fight for Your right, you deserve neither...

Diclotican

Sorry my bad english, not my native language

[dcsmart]

3. Diclotican

this is a satirical article. none of it is real, or most of it. The onion, where i got the article, embellishes the stories with a absurdest twist. i do agree with what you said, but don't take the article as real news.

[Diclotican]

4. dcsmart

dcsmart

Doh.... now I was feeling smart here:eyes: Wel then I get it, but in this age of things it is some what dificult to get who the line between satirical and the real truth is sometimes...

Diclotican

Sorry my bad english, not my native language.

[Demeter]

5. Especially When the Onion Prints It!

They have been quite prescient!

Bush: 'Our Long National Nightmare Of Peace And Prosperity Is Finally Over'

http://www.theonion.com/content/node/28784

January 17, 2001 | Issue 37•01

WASHINGTON, DC–Mere days from assuming the presidency and closing the door on eight years of Bill Clinton, president-elect George W. Bush assured the nation in a televised address Tuesday that "our long national nightmare of peace and prosperity is finally over."

Enlarge Image nation nightmare

President-elect Bush vows that "together, we can put the triumphs of the recent past behind us."

"My fellow Americans," Bush said, "at long last, we have reached the end of the dark period in American history that will come to be known as the Clinton Era, eight long years characterized by unprecedented economic expansion, a sharp decrease in crime, and sustained peace overseas. The time has come to put all of that behind us."

Bush swore to do "everything in power" to undo the damage wrought by Clinton's two terms in office, including selling off the national parks to developers, going into massive debt to develop expensive and impractical weapons technologies, and passing sweeping budget cuts that drive the mentally ill out of hospitals and onto the street....

Hejsan, Diocletian! Hur stoar det till med dej?

[Diclotican]

6. Demeter

Demeter

yes, is can be dificult when the onion sometimes sees to have profetic wiew of th future... As that writing the Onion was doing it in 2001.... Pretty scary that after 8 year, your country are more or less broke, and any name of prosperity are something of the past.. The new President have a hell of a work ahead of him, and I would not be for disepointed if he fail in many ways, the Bush administration have more og less tied him down to a stretch bank, where it is small rom for getting out of..

Hei Demeter, det gaar bra med meg, fikk influensa forrige uke og laa nede for telling. got the flue last week, and now I have a foot that is bad, but I am in reqovery.. Haven't been out of house for a week... But I survive... Have some friends who can help me out so I survive;)


Diclotican

Sorry my bad english, not my native language.