Here’s our new national song, comrades!

6 comments September 16th, 2008

I am hereby abolishing the national anthem and celebrating our new socialist financial republic with the old chestnut, which you might have heard (in Russian) if you saw the 1981 movie “Reds” with Warren Beatty. (Someone corrected me.) It’s “The Internationale.” If you’d like to listen to it, I suggest checking out this website:

Here’s the first verse:

Arise, you prisoners of starvation!
Arise, you wretched of the earth!
For justice thunders condemnation:
A better world’s in birth!
No more tradition’s chains shall bind us,
Arise you slaves, no more in thrall!
The earth shall rise on new foundations:
We have been nought, we shall be all!
‘Tis the final conflict,
Let each stand in his place.
The international working classs

Shall be the human race
‘Tis the final conflict,
Let each stand in his place.
The international working class
Shall be the human race

U.S. takes over 80 percent of AIG Insurance — socialism by default marches on!

4 comments September 16th, 2008

The triumphant march of socialism continued Tuesday as the government loaned failing insurance giant AIG $85 billion in return for an 80 percent stake in the company. Congratulations, comrades!

This is on top of the nationalization last week of Fannie Mae and Freddie Mac last week, which puts us on the hook for $5.4 trillion worth of mortgage debt.

This is socialism by default, however. We deregulated markets and told the big Wall Street financial houses to play in the sand box. But with no rules, they tossed out all the sand — and now you and me have to put back the sand. Of course, we can’t find the sand — we’ll have to buy some sand to put back in the sand box.