Black adder de-fanged

In the story of the zoo of life,
where survival belongs to the fittest,
there used to be a dangerous beast, the regulator.

the regulator's job was to keep the powerful
from crushing the weak.
The regulator, an adder, was not himself powerful, just effective.
In the 1980s, this adder tried to keep US bankers
from robbing their customers.
When Reagan continued the deregulation of the jungle,
he forgot the Black adder in the corner. William was his name.

Savings and loan banks were ponzi schemes
designed to use crooked accounting
to rob customers of their savings.
directors of the S&L banks permanently loaned these savings to themselves
and some of their chosen friends,
like lions feeding on a whole suburban wildebeast family.
It was William Black Adder,
who, among the banshee cries of politicians,
Democrat and Republican,
proceeded to slay a number of bankers,
including a son of the Lion (or, Lyin') Vice President.

However, that particular Lion family had many members,
and, later, another of them became President.
This time, the idiot runt son of the family
took away the final defense
that the prey had to protect them from annihilation;
regulation of the markets.
This took the balance of nature, the cycle of life and tore it assunder.
The animals have to agree to a situation which victimises them; they are prey but not completely powerless.
Otherwise you don't have predators killing only for survival. It becomes killing for its own sake or for enjoyment.
The derivatives markets were nevertheless deregulated and the slaughter began.
Carcasses were brought in from afar.

[pic- Irish mountain sheep]

[pic- Scottish RBS angus beef]

[pic- Icelandic internet-banking horse]

[pic - Spanish leverage toro]

When the carcasses dried up, the lions cried foul.
"We are too big to fail!"
With the Black adder sidelined*,
___
William Black in the Huffington Post http://www.huffingtonpost.com/william-k-black/how-the-servant-became-a_b_318010.html
William Black on Democracy Now. Get your large tissues out.
The BIG ANIMALS cheat; we get mauled.
-He can talk all he wants, but he can't really do anything where he is on the sidelines.
____
the new game-park warden, Geithner,
a fox guarding the hens,
found some fresh greenbacks
(greenback cutthroat trout)
for the appetite that knows no bounds.
Now, according to Michael Moore,
the top 1% of the US population owns
as much as the bottom 95%.
My question is , does this qualify the US as a banana republic**?

[pic- a little peel for the people to step on. The bell peals for thee.]

I wonder if the democratic deficit,
the corruption and the crony capitalism which are rife,
will help us reach a decision.

Tally me banana!
and save me one so that I can live long enough
to work for You tomorrow,
mista tallyman.

or should I say, mista accountant.
the new king-maker.

[pic- watch stuff vanish]

the kind of magician who can make derivatives losses disappear.

[pic- where's the debt? I don't see it.]

by putting them under shells; companies that is.

[pic- Caribbean bank shell]

allowing bankers to hand out BILLIONS in profits
in the paper economy
while, in the real economy, the prey haven't got a prayer.

-Costick67 (8^P

INFO: [my comments- Costick67]
*definition (Wikipedia): Banana republic is a pejorative term for a country that is politically unstable, dependent on limited agriculture (e.g. bananas), and ruled by a small, self-elected, wealthy, and corrupt clique.

re the United States of America. (Wikipedia) [by the way, these idiots are way off the mark, but, anyway...- Costick67]

In April 2009, Missouri Republican US Senator Kit Bond likened Barack Obama's administration to a banana republic if they proceed to hold public trials on the issue of torture, giving the term banana republic a bimodal definition in the context of the ongoing US torture investigations.

In May 2009, Paul Krugman, columnist for the New York Times, referred to the state government of California as a banana republic. He was commenting on the state's tax system, in which taxes cannot be raised even in an emergency without a two-thirds majority. The state constitution requires that the budget be balanced, denying it the ability to borrow [You'd rather have Bernanke printing money?-Costick67], while gerrymandering has turned many districts in California into safely conservative or safely liberal districts, crowding out moderate political voices in both political parties, and making a two-thirds majority consensus very difficult to achieve. [it looks like checks-and-balances to me. The less politicians do, the less damage they do. - Costick67]

In August 2009, New Hampshire Republican US Senator Judd Gregg stated the United States is on its way to becoming a Banana Republic within ten years, criticizing such programs as "Cash for Clunkers" for allegedly placing unfair tax burdens on future generations.

In August 2009, Warren Buffett, chief executive of Berkshire Hathaway, used the term to refer to the risk of losing financial credibility posed by the high fiscal deficit being piled up by the U.S government.

[none of the jokers presented here even mentioned the fact that lax REPUBLICAN government rules have led to all this public expenditure. Idiots!- Costick67]

pics from fotosearch.com