Friday, April 10, 2009

ShamWow Political Investment

David Sirota goes infomercial to make a point.

Feeling sorry for yourself? Struggling to get by? Wondering how you can get a bailout? Well, stop moping, because it's not too late!

I may not have Suze Orman's verve or Billy Mays' voice. But I've discovered a revolutionary risk-free investment plan straight from those who brought us the economic meltdown. So in this column-fomercial, I won't waste your time with Ginsu knives or cash-for-timeshare schemes — I'm going to help make you rich beyond your wildest dreams!

Look, we've all heard about Wall Street's losses. But you probably didn't hear about Corporate America's newest sure thing: a path to financial freedom far more reliable than any decent-paying job. It's something so old-fashioned that even amateur investors can understand it!

It's called graft — a surefire wealth creator that takes your investments, modifies laws, and delivers returns that the best stock trader could never dream of. This is the ShamWow of strategies, the Flowbee of economics, the Ronco of investing. Just look at the profits it generates!

In the last decade, the financial industry's $5 billion investment in campaign contributions and lobbyists resulted in deregulation, which delivered trillions to executives. And when the bubble burst, there was another boatload of free money! By Bloomberg News' account, $12.8 trillion worth of taxpayer loans, grants and guarantees — all to Wall Street!

But wait ... there's more!

The Associated Press this week reports that "companies that spent hundreds of millions lobbying successfully for a tax break enacted in 2004 got a 22,000-percent return on that investment" — $100 billion in all. That could be you!

Read the rest here.

2 comments:

  1. Wall Street socialism-- privatize the profits and socialize the costs.

    ReplyDelete
  2. David Sirota does it again -- just finished reading The Uprising. Powerful stuff.

    ReplyDelete