Further to Bridgit Gread’s excellent post demolishing the wingnuts’ desperate and infantile claim that the current financial crisis in the US is the Democrats’ fault, we have the Tardosphere’s most courageous defender of free speech, KG, indulging in some more shameless obfuscation:

The left — those wholly responsible for the subprime crisis — are complaining on every outlet that they “had a deal” that would have passed into law to allow the rescue of the financial industry but for the intercession of John McCain.
[...]

KG, who appears never to have hatched an original idea, is quoting here from fellow right-wing initialism GW of Wolf Howling, who helpfully illustrates his own execrable post with the following diagram:

Cute. But like so many wingtards, GW neglects to tell the whole story.

Here’s the second diagram from the educational Economix 4 Cockhedz series, which illustrates how free-market capitalists can socialise their losses when their avarice catches up with them (and the people they’ve exploited) and everything goes to shit:

See? Let no one say we’re not all about balance here at GrodsCorp.

UPDATE: The $US700 billion ($840 billion) “bailout” package has been approved. I hope you swallowed, free-market capitalism.

If SBS ever make a biopic about the failed political career of Dr. Brendan Nelson, it would be called Terms Of Contradiction and it would be directed by the guy who directed Lift Off. I’m sure he needs the work.

Pensioners need an increase to the pension. Of this, there is no doubt. Brendan Nelson is calling for an extra $30 a week. Again, that would be a good start.

But did you know there are one million pensioners? That’s an extra $30 million a week, or a projected $1.3 billion a year. Suddenly, it’s not looking so easy. Where is that money supposed to come from?

Then Nelson (with the help of his party, and other undistinguished amateurs) had to go and oppose the luxury car tax, thereby stopping money from coming in that could have gone to the pensioners in need.

I see Brendan Nelson is a beginner to this whole socialism thing.

You see:

1. Taxes fund services.

2. Less tax = less services.
I’ve noted before the contradiction of the Liberals over pensioners, which is similar to that of farmers. Socialism is bad and wrong except when it comes to those two groups.

Brendan, I know you were a member of the Labor party for years but maybe it’s time to remember what party you’re on. I mean, if those old folk didn’t save enough superannuation, let them rot.

Congratulations to GrodsReader Skeptic who has recently given birth to twin girls (or at least his partner has.) Skeptic is seeking suggestions from other GrodsReaders “as to the appropriate lefty indoctrination I should now be following to make sure the little ones are participating in group thinking and other socialist-related activities?”

My advice is to ensure that the girls’ first non-breast food is a latte. Leave your advice in comments.