Attention America (and Europe)

Sevenhundred billion dollar bank bailout got you down? Take a look at how Chinese peasants deal with their frustrations about dodgy loan schemes:

Yesterday, more than two hundred senior citizens gathered in front of the Jishou city government building to petition. During this period, an official vehicle with license plate 0004 (which belongs to Xu Keqin, the governor of the Tujia/Miao Autonomous Region) came through led by a police escort car. A senior woman and a middle-aged woman rushed forward to block the car. But the vehicle did not stop. The middle-aged woman fell to the ground, but the senior woman held on to the car door and was dragged for more than 200 meters. The vehicle stopped only because there was a truck blocking the intersection ahead. Angry citizens rushed forward to surround the car…

…The chauffeur and the governor Xu Keqin were both assaulted. Large numbers of public security officers and armed policemen rushed to the scene. Xu Keqin left the scene quickly under the protection of the armed police. The chauffeur was severely injured. The crowd went ahead to overturn the vehicle.

Looking for a worthy candidate for the same treatment? Try Kenichi Ohmae, who proposes that he and his friends be given not 700 billion, but five trillion dollars as a reward for their fuckups!

Not that we condone violence of course. That’s a right firmly reserved for the state and its owners.

palau adds:

Indians aren’t sitting back and taking it either.

What that 800 billion dollar plan boils down to…

Dear American:
I need to ask you to support an urgent secret business relationship with a transfer of funds of great magnitude.

I am Ministry of the Treasury of the Republic of America. My country has had crisis that has caused the need for large transfer of funds of 800 billion dollars US. If you would assist me in this transfer, it would be most profitable to you.

I am working with Mr. Phil Gram, lobbyist for UBS, who will be my replacement as Ministry of the Treasury in January. As a Senator, you may know him as the leader of the American banking deregulation movement in the 1990s. This transactin is 100% safe.

This is a matter of great urgency. We need a blank check. We need the funds as quickly as possible. We cannot directly transfer these funds in the names of our close friends because we are constantly under surveillance. My family lawyer advised me that I should look for a reliable and trustworthy person who will act as a next of kin so the funds can be transferred.

Please reply with all of your bank account, IRA and college fund account numbers and those of your children and grandchildren to wallstreetbailout@treasury.gov so that we may transfer your commission for this transaction. After I receive that information, I will respond with detailed information about safeguards that will be used to protect the funds.

Yours Faithfully Minister of Treasury Paulson