With the exception of this paragraph, this letter is not intended for those executives that managed their companies in a sustainable and responsible way. I don't know how many of you there are out there, but I choose to believe there must be some. To you, I say thank you, and I am sorry you have to deal with the economic crisis dealt to all of us by "conservative" deregulation and unfettered avarice.
For the rest of you, but most especially those that are engaged in any of the following:
- Claiming to desperately need TARP money until a cap on executive pay is required, then deciding you don't really "need" a government bailout, or
- Taking TARP money and then raising interest rates on the same taxpayers who are bailing you out, or
- Taking TARP money and then paying bonuses to executives, or
- Sending your spouse to withdraw $15.5 million out of your illegal Ponzi scheme before your arrest.
Asshole.
You know the thing that most disgusts me in all this? It's not that your greed and mismanagement is resulting in millions of Americans losing their jobs, and then their credit ratings, their vehicles, their retirement savings, and their homes. It's not that your greed and mismanagement have resulted in an economic crisis which is global in nature. It's not that your greed and mismanagement have resulted in the American public, including as-yet unborn members of the American public, having to pay to bail your sorry asses out.
Don't get me wrong: all that makes me sick.
But the worst part is that you are the same assholes that, a year after this economic crisis have passed, will be funding groups that launch wars against the poor. You and your cronies will rail about "welfare moms driving Cadillacs and eating steak." You will drive wedges between the poor and the middle class in order to distract us from the looting and pillaging that you have resumed.
A special place in hell has been reserved for you.
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