The bank bailout (TARP) never happened. Neither did the Recovery Act (stimulus bill).
President McCain vetoed them, calling them"big government" and "wasteful spending" in accordance with the new Republican party line.
The financial markets cascaded in collapse around the world. Suicide frequency skyrockets, as does violent crime. Credit vanishes. Marginal banks go under. People run on the remaining banks. Secure and sound banks either close or tighten credit drastically. Small businesses, already suffering from tight credit, go belly up as the dire economic reality cascades throughout the nation. Shelters are full and run out of supplies. Children are hungry. Parents, in an attempt to feed them, turn to crime.
General Motors and Chrysler have filed for bankruptcy and have laid off most of their work force immediately. The rest of the workers are hoping for a buyout from India or China and praying their jobs don't move overseas. The many small businesses and industries that supply these auto makers are decimated. Restaurants are empty and restaurant staff is halved at best. Well-to-do neighborhoods hire extra security guards to defend garbage dumpsters from the homeless, who flock to these neighborhoods under cloak of darkness to scavenge for food and items to sell for money.
Tent cities sprung up in temperate climates as people were evicted from their homes. The evictions slowed a bit after people began shooting back from their bedrooms. Southern cities are swamped with the influx of thousands homeless migrants seeking warmer temperatures in the winter months. National unemployment has reached 25%, so you can imagine what is happening in the African American and Native American communities.
Women still face pay inequity. Troops dig into Iraq for a ten to twelve year stay. The media blackout of war casualties is still in place. The cost of the wars remains off the federal budget. The Freedom of Information Act is largely ignored with national security cited most often as the reason.
Embryonic stem-cell lines are restricted and federal support for new biomedical research has dried up. State are forbidden to enact fuel efficiency standards above federal standards. Funds for new school construction are nonexistent.
More secret detention facilities in Eastern Europe and elsewhere are being opened. Climate change is dismissed as a hoax. Offshore tax havens provide ready caches for top financial and insurance company executives.
Pay and benefits for military personnel stagnates. Veteran benefits continue to deteriorate despite John McCain's POW history. Student loans are harder to get and smaller in size.
The FDA still does not regulate tobacco. No Child Left Behind is still an unfunded mandate.
John Boehner agrees to pay half the installation cost for Sarah Palin's tanning bed.
After all, we have to to "put country first."
Tags: America, alternate, politics, reality