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Bailout News: Warning! This Dog Will BITE: We Present The Awakened Taxpayer

Something happened today.  Was it a watershed day for taxpayers in their struggle for reason and  financial accountability from bailout recipients?  Still not clear, but the online forums, where even the most afflicted stalk quietly on most days, were today scenes of carnage, hemorraghing from the insatiable bloodlust of a seething beast, the angry American taxpayer.  The game, Bank CEO Bloodsport.  It was Rome, the Coliseum was SRO, and it was a bad, bad day to be a gladiator.  And the plebes were none too amused at Taxpayer Bitches Ken Lewis and John Thain. ( Yes. We own you now.  Gone are your days of waste on our children's dime.  Our recommendation: focus on the fight to keep your name from becoming a federal prison serial # and your suit from being exchanged for something more one-pieceish, and orange.  The quick-on, quick-off functionality of your new threads will soon make sense.)

For you have crossed a line.  And though occasionally appearing docile, not unlike a junkyard dog, this taxpayer does not like to be crossed.  And today, Thain and Lewis (or FP# 551008001 and FP# 551008002) , Mr. Leroy Brown woke up.

All readers be sure to click on the following link above as it takes you to the best of all the financial blogs/chatrooms which is found at calculatedriskblog.com.  Once there click on the 'comments' link at the bottom of the Merrill story and you will be transported to the Coliseum from earlier today. 

Editor's Note: Let's not lose this anger. 

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Reader Comments (20)

Nice job on this story. It was more intense over there today then I have ever witnessed before. How are we supposed to express our anger with these developments. Other than through chat rooms. Great photo of the dog.

Jan 23, 2009 at 12:32 AM | Unregistered CommenterCR Poster

came from CR too. you do a good job here. i've been coming over every morning to see the links. it's agreat site considering jthat it's been only a few days... salivating dog pic is unique. yhis is your best writing so far. i also like your about dailybail page. got me fired up. i will try tpo spread the word about it. good luck and don't stop providing the links. thanks.

Jan 23, 2009 at 3:23 AM | Unregistered CommenterJJWestC

CR regular here. What you think people were upset. They were losing their mind. These bailouts are making people crazy.

Jan 23, 2009 at 3:26 AM | Unregistered Commentermad dog growling

Who in the hell do these fucking bank executives think they are. I have been upset by this all day. and I'm still upset and it's 12:30 am out in SanFran.

i just can't believe they haven't been fired. And then jailed and hanged. Who is standing up for the taxpayer in all this. It's beyond criminal when you are talking these kinds of dolalr terms.

Jan 23, 2009 at 3:29 AM | Unregistered Commenterche_guevarra for world leader

what awaits us in the future from all this blundering about today is federal bankruptcy. i do not think it will be long before this becomes a national cause for concern. what happens then is anyone's guess.

hello from maui

Jan 23, 2009 at 6:03 AM | Unregistered CommenterLagaLago

nice link to us over at calculated risk. good story. frightening photo.

Jan 23, 2009 at 9:26 AM | Unregistered CommenterCastro_is_cool_again

Hi DB,
Congratulations on your new site.I really appreciate your passion. I came over from CR and am bookmarking you for my daily read. Best of luck!

Jan 23, 2009 at 11:01 PM | Unregistered CommenterPoor is the New Black

amusing blog.

Jan 24, 2009 at 8:45 AM | Unregistered Commenteramused


we try to make things light considering how heavy the content is.

Jan 24, 2009 at 3:29 PM | Registered CommenterDailyBail

@ poor is the new black

thanks. it's been just 7 days and we are gaining traffic. page views upto 4000 most days.

Jan 24, 2009 at 3:31 PM | Registered CommenterDailyBail

@castro is cool again

NICE username.
keep coming back.

Jan 24, 2009 at 3:32 PM | Registered CommenterDailyBail

@laga lago

spot on. federal bankruptcy through monetization is our future. interst on the debt will be too much to pay in just a few years.

Jan 24, 2009 at 3:33 PM | Registered CommenterDailyBail

@ che guevarra for world leader

NICE username.
The perp walk stage will begin soon. we hope.

Jan 24, 2009 at 3:34 PM | Registered CommenterDailyBail

@ Calcualted risk posters

keep coming back. we will get better every week.

Jan 24, 2009 at 3:36 PM | Registered CommenterDailyBail

I'm just happy I'm not a property taxpayer, that kind of taxpayer would suck.

Jan 24, 2009 at 10:03 PM | Unregistered Commenternorma

property taxes are skyrocketing nationwide.

local governments would much rather raise taxes on their citizens then cut back on their bloated budgets.

this is a HUGE problem and something we will be writing more about here...

for now make sure you have seen this.


thanks, DB
Jan 25, 2009 at 2:29 PM | Registered CommenterDailyBail
Yep got too keep that rage up on the D.C. radar, take the social license away from the malfeasant oligarchs that hopefully will be wearing the latest fashion colors and tailored jumpsuit styles.

Just wandered over from Naked Capitalism, been a reader and feeble commentator there, for over a year. Its hearting to see the rage spreading in ever widening radius, critical mass must be achieved be for change can take place.
Jan 26, 2009 at 3:38 PM | Unregistered CommenterSkippy

Dead on. We are trying to help build the critical mass.

TaxpayerVoice.org is coming soon.

keep coming back.

thansk, DB
Jan 27, 2009 at 6:41 PM | Unregistered CommenterDailyBail
We're all furious with the coporate financial mrons who killed their own companies and then expect to get the same megabucks for their incompetence, even though they are using a trillion or so of our money.

But what about all the other corpororations that grab the money out of our pockets? Verizon has what they imply is a tax. It shows up on my bill every month - and ever mont the cost changes; almost always up. I called them to ask them what that fee was for ,and I told them I knew it was not in fact a tax. They told me that it is just how much money they need that month. And you complain about government? When taxes are raised everyone knows how much and for what. When the Walmart Family ($90 BILLION in assets) wants to pay less to their employees so they can get more for themselves, who knows about it?

Citigroup is STILIL charging up to 28% interest - who pays it? Not taxpayers: those who have their credit cards.

Arizona recently banned all Pay Day companies that have been charging poor poeple 200% interest -and the WSJ rightwingers must be horrified. Al Capone must be sooo jealous! A legal 200% interest rate for the enforcers!

The head of KKR gets $53,000 AN HOUR. The head of Valero made $100 million in one year!

Why should we have to pay to make corporates megarich whenever we buy their products, which are often second rate and made by commies?

The President of the US gets paid $400,000 for being in effect the CEO of America. Members of Congress get far less than that. Taxes go for things that help the majority of Americans: at least when Democrats are in charge.

I'd rather pay some more taxes and pay less to the CEO's who whine that $500,000 "isn't much money". I'm not intrested in helping them buy another 500 foot yacht, like the moron from Oracle. He found out when he tried to use it that it was useless as a boat, and only a status sympbol. A perfect metaphor for the superrich, most of whom are not and never have been entrepreneurs: they are like Bush - the sons of already rich white connected families who paid for their MBA's at prestige univerisities. The current cost of getting your dumb, rich white kids into such universities? $10 million according to the president of Harvard.
Feb 16, 2009 at 10:44 PM | Unregistered CommenterMarcia C
Goddamnit! My life has VALUE!'

Things have got to change.

But first, you've gotta get mad!...

You've got to say, 'I'm as mad as hell, and I'm not going to take this anymore!'
Then we'll figure out what to do about the depression
But first get up out of your chairs, open the window, stick your head out, and yell, and say it:


it is time to leave the computers and take to the streets

santelli has scheduled a chicago tea party for july

pool some bucks together from like minded patriots. organize a steering committee. buy full page ads in your local newspapers. get the fu..ing permits you will need to exercise your constitutional right. and lets show these mfers who really runs this country.
Feb 26, 2009 at 10:31 PM | Unregistered Commenterhoward beale

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