I want to thank my readers for engaging in such fascinating discussion on my recent article, Liberalism and Conservatism are Viruses. As you know, America is in the midst of the most severe financial crisis since the great depression. Millions of people are losing their homes and if something isn’t done soon, this will get frighteningly ugly.
I want to thank Michelle, People in the Sun, Eric “Speedcat” Hollydale, Jasmin Causevic, Jon, Teeni, Jasciu, Paisley, DaveS, Aaron Cook and Debbie Dolphin for weighing in and sharing their views. I am certainly no expert on economics, politics or history; however, I am learning and evolving my knowledge and position. The truth is, I didn’t even know what partisan politics meant three years ago. I am a musician, not a politician. I am also a thinker and student of life, constantly learning every day. I spend most of my free time learning and reading. I’m addicted to education and have been since childhood.
Let me paint this picture: Here in my home town, there are thousands of people on the verge of losing their homes to foreclosure. There are millions upon millions nation wide. Some Americans say, “Screw those people, let them fail and lose their homes. If they become homeless and die of starvation, I don’t care, I don’t want to be footing their bills in the form of taxes.”
If I lose my home, getting an apartment is out of the question – there are no apartments available anywhere. A tiny one bedroom apartment here averages $900.00 per month with a sizable deposit and credit check – if you’re one of the lucky few to find one. In many cases, if you’ve just lost your home due to foreclosure, your credit is ruined and getting an apartment is nearly impossible. The area I live in has barely recovered from hurricane Katrina. Mississippi Gulf Coast residents get pissed off every time we hear about how Katrina hit New Orleans. We got the worst of it, but not according to the news.
So, if the government does a bailout, it should be to bailout the homeowners, not the corporations. By saving the homeowner, the lenders will be saved as well. As Dave pointed out in the last comment on my liberal/conservative are viruses post, loaning unqualified people money for homes started in 1999 under Bill Clinton. To throw all the blame on the Bush administration isn’t fair.
If nothing is done, you’ll have millions of homeless people turning to crime just to survive. Here’s a scary thought to contemplate:
If I lost my home, and couldn’t find a place to live and had no food, I would take my gun and get what I need by force – not because I want to, but because I have to…period, and I wouldn’t wait to do it. Living in the streets isn’t fun and I will beg, borrow and steal to live. If I don’t, I will not survive. Dying of starvation is not an option for anyone.
What it boils down to are three options:
- Forget these people and the banks; let the banks fail, let the people die homeless and starving. These people will be completely unable to get back on their feet in enough time to find a new place to live. Many people don’t have options like money, friends or family to help them.
- Save them somehow (the people first, corporations second)
- Let the people save themselves. This is really the same as #1. The problem is, when you’re dealing with millions of people getting shafted by the government, it’s not the complete answer. Sure, they need to help themselves, but they need outside help – serious help – right now. Am I wrong? Please enlighten me.
It’s a horrifying conundrum. I am not a criminal and neither are most folks. When you throw millions of people out into the streets without money, hope or options – survival at any cost becomes a necessity. America needs a return to living by the constitution. I am against socialism and realize much of what I’m saying is paradoxical. Just because I generally believe in libertarianism, doesn’t mean I’m heartless and inflexible.
I don’t want to even get started on Bill Clinton; however, I would rather see him running than Obama. Though I do not support Hillary, she is a freaking genius compared to Obama, and I wish she had won the democratic nomination. How on Earth America chose him (the most unqualified politician in history) as a presidential candidate, I’ll never know. I’m not happy with McCain/Palin either. I’m voting third party all the way.
As I said in a previous comment, “Last week, Treasury secretary Paulson said the economy was fine. This week he says it’s falling apart, and today, suddenly needs 700 billion dollars to fix it.”
Is it just me, or does this guy have no idea what he’s doing? If the bailouts save the corporations and not the homeowners, it would be sickeningly cruel. Something has to be done and the homeowners should be bailed out first and foremost. Perhaps you think I’m blowing it all out of proportion and your life is wonderful. If that’s the case, you are out of touch with reality.
The truth is, I wouldn’t really go around with a gun, taking what I need – I have people that can help me; however, many people do not. I just want you to see how serious this situation is. I see the bailouts of financial titans like this: It’s like pawning your car title so you can pay your monthly car payment – it just doesn’t work. That’s why I believe things are not going to be fine any time soon. I hope I’m wrong.
Just for fun, take the Obama Test to see if he represents your views. Here’s my score:
I Disagreed with Obama 42 out of 51 test questions, which means I disagree with Obama 82% of the time. Take the test and see what you get. Do you know of a good McCain test similar to this? Let me know.



#1 by dcr at September 23rd, 2008
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Naturally the post I don’t comment on would be the one where Jon decides to show up again.
#2 by EuroYank at September 23rd, 2008
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Bob – Some important things not mentioned in your great post…
The entire world invested in the American mortgage market. Keep in mind the USA is the biggest borrower on the globe, about 75% of all the credit on this planet is gobbled up by the USA (a fact most Americans do not know, and is hushed up by American media.) So whatever happens to the USA has immediate impact on every country worldwide!
The other thing you should look into and the next catastrophe is the DERIVATIVE MARKET. Google it and get a heart attack. Compared to this 700 billion bailout the DERIVATIVE MARKET has 700 TRILLION IN IT. That is with a T.
#3 by Revellian at September 23rd, 2008
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@Dan: And his comment made me think, providing very pertinent points!
#4 by dcr at September 23rd, 2008
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We probably all need to re-read The Grapes of Wrath too.
#5 by Revellian at September 23rd, 2008
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@Euro: There are some in the media talking about this; Lou Dobbs (my personal favorite) and Glenn Beck to a lesser degree. CNN is taking a much more independent slant which is a good thing. You’re absolutely right, it’s a worldwide problem, stemming from America. Thanks, I’ll read up on the derivative market. I doubt I have a heart attack because I don’t allow myself to get all upset about this stuff anymore.
Perhaps worldwide collapse is inevitable!
#6 by Revellian at September 23rd, 2008
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@Dan: I read that! I also saw the movie. I think we should all watch Mad Max to get some pointers…lol!!!
#7 by DaveS at September 24th, 2008
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Thank YOU Bobby for starting the discussion off to begin with!
I couldn’t agree more that the bailout, in whatever form it ultimately takes, need to focus on the citizens first. I don’t want to see anyone needlessly lose their home. But I hope everyone has a firm grasp on the fact that this bailout is going to be at your expense, the taxpayer. It’s why we all should be very concerned with how the officials we elected structure it. Protect ALL the taxpayers.
My understanding is that a sort of “trust” company will be created to purchase the bad debt. This would help to prevent citizens from needlessly losing their homes as well as getting the bad debt off the books of the financial institutions helping to strengthen them but not blindly bailing them out.
Another possibility would be to then convert the purchased ARM’s into fixed rate mortgages. Perhaps even allowing interest only payments for a period of time to help during a recovery process.
Another possibility would be to allow saddled homeowners to sell their property below the mortgage amount and simply walk away without having to carry that debt with them. For example, a homeowner carrying a 350K mortgage but can only sell the home for 295K would be allowed to do so with the 55K being absorbed by the “trust”… naturally, that means the taxpayer.
Your comment on apartments is another interesting one. Personally, I believe this is one area that could easily be at the beginning of the recovery. A building surge in multi-family units. Naturally at the expense of single family properties being rezoned to allow for it. Let’s remember that land is a very finite commodity. People are going to need a place to live. Let’s face it, not everyone in troubled circumstances is going to be able to keep their home. IMO, thinking so is simply unrealistic.
Back to Wall Street for just a moment, I’d like to see all short selling eliminated/suspended. You invest in companies that you believe are strong based upon their underlying fundamentals. You don’t sell them short because you think they suck.
#8 by Genie Princess at September 24th, 2008
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Hola Bobby! I have a very special award for you, congrats!
#9 by Robin at September 24th, 2008
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Your posts always get me thinking, Bobby. Housing is very plentiful and cheap where I live. A basic 1 BR apartment is $300. I had never considered what a predicament people who lost their houses would be in in many areas of the country. It’s really sad, and many people don’t have the option of moving to another part of the country.
I don’t know enough about economics to say who we should be bailing out, but I do know things are bad here in NC. Everyone is losing their job. Almost everyone I know who has a job, their job is in imminent danger.
#10 by Michelle Gartner at September 24th, 2008
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Bobby- I am serious when I say this, you are considerably more terrifying when you write about the economy and American policy. I have nightmares thinking about the future… I try to remain optimistic but the economy is really screwed up and most people remain in denial until things get really dire for themselves.
A woman I used to go to church with was a welfare caseworker. During the last recession she had a man who once made $80,000 a year in her office trying to get benefits. I know for some people- 80K is not a lot, but in Wisconsin you can live very well on it and this person was a single person too. They didn’t save a dime over the course of a decade making that kind of money… People don’t change their spending habits and budgeting until it’s too late!
#11 by Revellian at September 24th, 2008
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@Dave: If I didn’t have a 50K down payment in cash and perfect credit, buying a 350K house would be out of the question. A 350K house is way more than 90% of all Americans could ever afford. Move those people into an 80K home with a lower note – that sounds like a plan.
The majority of people don’t own homes, though some folks seem to think everyone does.
No matter what quick fix is implemented, it’s not going to work. The federal reserve and entire tax system must be abolished because both are unconstitutional. Federal income tax is unconstitutional, and as long as we’re paying it, none of the problems will be corrected. They just keep printing money to solve things!
Globalism (a one world government) is inevitable. Once economic collapse occurs, martial law will grind us down with an iron fist. That will be the true birth of a one world government. I know this makes me sound like a loon, but watch and see.
Apartment prices vary widely across the states. I live in the most expensive area of Mississippi, which is mostly a casino resort area and much like Florida.
I’d like to see a massive horde of Wallstreet tycoons go to prison for 25 years. I know the FBI is investigating, but it’s just to quell the public, making them believe something is being done. They should let me sentence them.
#12 by Revellian at September 24th, 2008
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@Marzie: Thanks! I’ll come see:)
@Robin: Wow, that’s a great price! We haven’t had $300 apartments since the 1980’s here. I’d like to move to another state and I probably will one day. I have to look out for my mom right now and cannot move away – she really needs me. I hope this country turns around, but I don’t think it will. I sure wish I was wrong. I’m just going to live the best I can!
@Michelle: I don’t mean to make things seem so terrifying! It’s because of my overcoming substance abuse, that I am unable to sugarcoat anything. My entire life is about facing the truth, no matter how harsh. I see the anger and outrage of American citizens being positive, not negative. We all must bitch and spread the word.
Our government inspires no confidence and people are sick of the Washington game. Whoever gets elected will be the most despised man on Earth! I have written my congressman so many times that he knows me. I’ve talked to him in person several times and it does have an effect.
I could live a great life for 80K per year and save a lot too. A single person should be able to live well on 25K or even less if they budget themselves. Young people are so smitten with the big money Hollywood image. That destroys their moral values and makes them shallow. Gotta have an expensive car, designer clothes, $500 hair cuts and so forth – all on credit cards.
I still cannot understand why most of Hollywood are liberal democrats and seem to hate all republicans. I guess I’ll never know.
#13 by Tangled Web at September 24th, 2008
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I agree with you that the government should bail out the homeowners and not the corporations. When will people ever learn that the government is a CORPORATE ENTITY that exists for BUSINESS and not for the people.
The media and talk of great depression, etc are nothing more than scare tactics generated in order to gather and acquire approval for this bailout and other sneaky schemes as these bank failures and such are not part of the “REAL ECONOMY” and the loss or closure of such financial institutions has little to no affect on the economy save for a couple thousand jobs. People are forgetting that these failed financial institutions are NON PRODUCT PRODUCING and are speculation based.
Why should the government spend 700 billion to save a business that failed!! They didn’t give a rats ass when thousands of mom and pop stores closed.. they didn’t give a rats ass when factories closed up and moved to china.. they didn’t give a rats ass when farmers stopped employing hard working americans because they can get mexicans to do it for next to nothing.. The government is only interested in bailing out these failed financial institutions because it IS IN THEIR INTEREST TO PROTECT THEIR OWN POCKETS, NOT YOURS!
#14 by EuroYank at September 24th, 2008
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Watch this current video from Ron Paul it explains why the 700 billion will not work …
Congressman Ron Paul discusses 700 Billion Bailout
#15 by Miss Moneypenny at September 24th, 2008
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Hi Bobby,
No need to thank me… I enjoy exchanging wisdom with you on a variety of topics!
On Corporate Bailouts versus foreclosures, I can only speak about my local knowledge in my town ~ families losing homes move in with other family. This has happened to four of my neighbors and me when my son and family moved back home.
P.S. According to the Obama Test, I disagreed with the Barack Obama’s position on 48 of the 51 test questions. This means you disagree with the Obama position 94% of the time.
No shock here!
#16 by EuroYank at September 24th, 2008
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Bob I had to come back and answer your question WHY REPUBLICANS are HATED its because of what this article states Reason Why Republicans Are Hated
#17 by Anastasia at September 25th, 2008
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Everyone around the world is anxious about what will happen. Will a portion of the money go toward the corporations (and their CEO’s/senior executives in terms of bonuses)or will homeowners receive partial reprieve? I kind of think this problem has been brewing for more than a decade, or ever since the world went nuts on credit. I remember an era when people didn’t need to rely on credit cards for the basic television, but now, it’s a different story, despite all the globalization and how it’s supposed to ‘benefit’ everyone around the world.
In terms of housing around the world, even here in Sydney, Australia, the rental market has decreased. There are less than 1000 properties listed for rent, and realtors rely on personal references, income declarations, etc. I’m lucky in one sense, I don’t have a mortgage and I rent privately, from the same landlord (who owns his house outright) for the last decade, so there’s minimal chance of the landlord evicting me to gain a higher rental, but thousands of people in Australia have already lost their homes, are in the process of losing their homes or struggling to put food on the table to pay off their monthly payments; many Australian financial companies or mortgage companies have taken loans with American banks to provide loans to new homeowners. In another way, I also think that people also contribute to the problem. For example, people are sometimes more concerned with keeping up with the Jones’, they’ll take loans to buy things they can’t really afford. There are many families here who think that credit is sufficient to carry them through; young couples (for some weird reason) think that having children and combining that with a new mortgage (on no or minimal deposit) is fine, when it has more chance of being a nightmare in the long run. Marriages/relationships break down to financial stress as well, but people do make decisions, or have eyes wider than their wallets in some cases. Banks or lenders say, ‘yes we’ll help you get a home,’ even though the borrower knows they cannot afford the loan, and because the borrower at that time has a clean credit rating, they go for it and the bank approves; this has happened to millions of people, those people have made the decision to take the loan, and here we are in a huge mess. Each country has its own mythical dream, but that dream can be a trap or unrealistic at times. The Australian Dream (it could be similar with the ‘American Dream’) is for couples to get married, buy their own home and raise children as soon as possible, and as recent economic shake ups have indicated, this isn’t a viable choice. In terms of blame, it’s a bit of both. The banks and people who simply need to tick off every box to fulfill the mythical dream, that may not be fulfilled at certain points in time. People tend to be impatient and this impatience, to some degree, can be seen with all the loans handed out to people who really don’t meet credit criteria. It’s fair to say that no economic growth can occur if loans don’t exist, but there is such a thing as overshooting the mark.
#18 by Anastasia at September 25th, 2008
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BTW, The other development in Australia this week was the elimination of short selling. The ASX was closed for an hour during trading this week due to the last minute decision/change.
#19 by Revellian at September 25th, 2008
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@ Euro: I saw that Ron Paul interview already. I could sit here and say it’s because of the American public’s stupidity that Ron Paul isn’t a shoe in for president, but it’s really because the campaign contributing lobbyists and so forth are against Ron Paul. Paul would kill most of the problems and wake people up – the greedy Washington scum doesn’t want that – they want Obama or McCain, who are the corporate candidates. I think Hollywood hates republicans because of something else, different reasons than the normal person.
@Debbie: That means you’re definitely not voting for Obama huh? The first dozen or so questions about taxes were a riot mostly because all federal taxes are unconstitutional and cannot be answered coherently!
@Ana: Yeah, the American dream isn’t really American, it’s just a dream most people have (worldwide). There are many things I love to do, but don’t because I save my money. I don’t go out to eat, go to movies, rent movies, subscribe to 25 magazines, wear expensive clothes, drive an expensive car or live in a mansion over looking a majestic view of beauty. I live within my means and only buy in cash or I just don’t buy it.
One of my dreams is to see America return to the constitution, that brilliant document that made America; the place people from any country wanted and agreed upon. Now, it’s just a greed infested shell of what it used to be.
We are about to get one of the two ignorant yes-men running for office. America needs a revolution – a real revolution, not just a movement.
All I know is this 700 billion dollar fix they are proposing will make things much, much worse. They keep increasing the role/size of government which is the exact opposite of what needs to happen. These problems are everywhere, in your country, here and everywhere.
I probably sound negative but I’m not. I am actually happy and in a great mood…lol. I do believe that blunt truthfulness about politics is a dying idea these days and it’s up to the people to resurrect it.
#20 by Revellian at September 25th, 2008
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@Tangled Web: I purposefully wrote this article from a particular perspective, merely to incite some emotion, an extremely effective tool. The truth is, there really shouldn’t be any kind of bail out, mostly because we cannot afford it, and printing more money is just moronic.
You’re so right! The candidates are corporate front men, they are the corporation’s choices and aren’t here for the people.
That’s a great point about the non-product producing, speculation based economy. What does any of that have to do with the citizens? I say close Wall Street and send them all to prison.
This stuff is going to perpetuate a new type of domestic terrorism soon!
#21 by Sal at September 25th, 2008
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It is scary to read information like yours. But to be honest, you are right and we have to face the truth sooner than later. Otherwise we really don’t know what will become of us as a race.
Good post with a strong message for sure.
#22 by Jamy at September 25th, 2008
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Bobby,
I really don’t know what to say something related to this post. Just want to say you are thoughtful person. Hmm.. A student of life so do I. School don’t teach us how to live life. So we have to be our own student to keep learning.
#23 by Revellian at September 25th, 2008
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@Sal: Thanks! I paint a dark picture, but I hope I’m wrong about all of it.
@Jamy: Thanks so much Jamy! That’s a wonderful thing to say and it really brightened my morning
#24 by DaveS at September 25th, 2008
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If I didn’t have a 50K down payment in cash and perfect credit, buying a 350K house would be out of the question. A 350K house is way more than 90% of all Americans could ever afford. Move those people into an 80K home with a lower note – that sounds like a plan.
Nice idea but impractical. Take a look at the median home prices and you’ll see why. There’s no metropolitan area in the US with a median price that low.
Part of the problem is that for too long you didn’t have to have that 50K or perfect credit. Solutions were tailored so that you could obtain the debt whether or not you could truly afford it.
Additionally, deregulation allowed the financial sector to get in bed with each other. As we now see, a colossal blunder IMO. All fine and dandy while markets went up. However, when the markets went down each drug the other with them. Basket and eggs come to mind.
Each part of the same sector continuing to pump money into and invest in the same thing. Trying to milk every last penny out of a single sector without diversity knowing full well that a downturn would drag them all to the bottom.
Think about it… lenders providing mortgages. Investing that money into the insurance companies insuring that loan and the banks. They in turn invest back into to the lenders. Mortgage backed securities being sold and purchased by the all them. This is what deregulation did. As I said all fine and dandy as long as the market went up with each making their own profits as well as their part of the profits on each other. Market goes down and each drag the others down with them because all of their eggs are in the very same basket… one which has a gaping hole in it.
I’ve already said I’m a fan of small government. However, it’s solely dependent on the practices of those in charge that are not being regulated.
When folks in that position know and or believe they’re not going to be allowed to fail and can more or less do what they wish, bad things go happen. Greed is a powerful motivator.
#25 by Revellian at September 25th, 2008
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You’re right Dave, I should have said 150K – 250K instead of 80K. Your comment has much insight (as they usually do) and you have a way of describing things even a non-guru like me can understand.
I remember how glad I was when a few people went to jail from the Enron scandal, but it’s not enough. These people are above the law and have the money to buy their way out of jail, but that’s another crisis altogether.
I watched the new interview actor Alec Baldwin had about his child custody case. He said, “Judges are like pit bosses in a casino and the lawyers are the game dealers. I don’t care if these people die of heart attacks.”
Hahaha…I understand his angst and I’ve never heard anyone say it better.
I know it’s harsh, but these corporations should be allowed to fail. Many regular people will suffer or worse. As bad as it is, it maybe the best thing to happen to this country – a sheep in wolves clothing.
I read that the 700 billion will be solely used to buy mortgage backed securities (I’m no expert on that). It’s not going to work.
I like Ron Paul’s solution: Though we’re in the midst of collapse, lower taxes across the board for everyone, regardless of income right now…and pray…lol
#26 by Miss Moneypenny at September 25th, 2008
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Hi Bobby,
We never planned to vote for Obama. Hopefully, the local Election Booths will continue to allow write-in candidates to write-in you know who.
#27 by Revellian at September 25th, 2008
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Hi Debbie! If I can’t write in Ron Paul, I’ll vote for Chuck Baldwin of the Constitutional party or Bob Barr. It won’t be long. I can’t wait to viciously criticize our next president
#28 by DaveS at September 25th, 2008
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Jail is to good for many of them. Sounds harsh I know but folks who are dealing with other peoples lives, livelihoods, and assests and “speculate” them into oblivion deserve little consideration IMO.
I believe the MBS’s will be part of the deal. This would be the “investment” part of it. Additionally, establishing a “trust”, a bank if you will, that selectively buys the failed mortgages to stave off immenent forclosures and clears the books of the “bad debt” of lending institutions freeing up liquidity will be part as well IMO. At least I hope it shakes out in this direction.
#29 by DaveS at September 26th, 2008
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Bobby, if you’ve not seen it yet, here’s an open letter to congress from 190 leading economists on the bailout proposal…
http://faculty.chicagogsb.edu/john.cochrane/research/Papers/mortgage_protest.htm
#30 by DaveS at September 26th, 2008
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And here’s another link with some more information…
http://www.bloomberg.com/apps/news?pid=20601103&sid=aNhbZSQz2Vws&refer=us
#31 by Revellian at September 26th, 2008
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Thanks Dave, I had a chance to read both. Businesses and corporations do have the right to fail, just like everyone else. I’ve failed several times in life. I’ve lost everything I owned twice – and I mean EVERYTHING. Nobody bailed me out. I’m still repairing my credit which was as bad as it gets (at one point, you couldn’t have worse credit than me).
With failure being a reality, it keeps the system honest…doesn’t it? It seems logical to me. With the super rich living worry free and above the law, the system is rotted from the inside out.
#32 by DaveS at September 26th, 2008
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Can’t agree more Bobby. You can’t take failure out of the equation. Nor can you take the repercussions for the mistakes that leads to failure out either. The more I read the more it appears to me that’s what’s trying to be done. The more I read, the more I find that reinforces my belief that companies and their executives did not believe they were going to be allowed to fail and acted according to that belief.
Water always finds its own level. Seems they may have forgot that.
#33 by Anastasia at September 26th, 2008
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It’s easy to be a little down with everything unfolding. I get to the point where I’m numb about it, then I’ll switch on the TV (not the news) and find some program that’s more positive. Today I came across the stalled discussion (about the 700 billion bail out), and it reminded me of my workplace and all the bureaucratic wrangling that takes place (and it made me laugh, that silly macabre or sardonic laugh).
I kind of doubt the bail out as well. There are a million questions as to how it will be implemented. Tonight, on Aust television, there was a government announcement to the media saying that the Australian government was going to use a few billion (less than ten billion) to support banks, and it’s a small amount compared to 700 billion, but the BS is the same. First they say ‘hey it’s not a big deal, there is no recession,’ or ‘we’re capable of handling it’ (which is what the Australian federal government has been saying all week in parliament – I’ve been watching the House of Representatives all week on TV and they act like morons most of the time, arguing like children in a playground), and then they come out with the big announcement. In Australia 6 or 7 billion to support banks is a lot because we have a 20 million population, which isn’t much compared to the United States, but taxpayer money is taxpayer money. If we had close to 300 million people here, it would most likely be 700 billion as well. What worries me more, well not stress out worry, but what makes me shake my head is when I see politicians acting like immature kids, arguing back and forth, about petty things, during an economically sensitive time. It makes me ask myself if those that are voted (a portion that act out like kids on some occasions) are capable to run a country. Of course, I relate that to Australian politicians, because we see more of them here, as the Prime Minster/Deputy tends to be televised in parliament arguing, presenting policies and so on. This week, in Australian politics has been like an episode of Seinfeld with all the heckling, name calling and infantile giggling. I don’t know if US politics is televised (House of Reps/Senate), but watching politics unfold has become part of my daytime viewing. It may not beat Oprah in the ratings, but it provides another – more disturbing – side to politicians.
#34 by Revellian at September 26th, 2008
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Hello Dave! And so, that’s the root of the problem. Here’s a great article from Ron Paul’s personal blog, everyone should read it:
http://www.campaignforliberty.com/blog/?p=616
It’s his letter to the president. One thing I admire about him is he pulls no punches and isn’t in it for the money. He’s the only member of congress that opted out of all extra pay, such as a lucrative retirement check and so forth.
#35 by Revellian at September 26th, 2008
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Hi Ana! I watch a lot of C-SPAN, which has a lot of the senate/house hearings and agree, it’s ridiculous. There are some members who actually care but are lost in a sea of special interest puppets.
They should just let these banks and failed businessmen die, and of course, put many of them in prison. The government expects us to believe the same people who screwed things up are smart enough to fix it…now that’s funny.
Whoever gets elected president, they will not represent me, they will represent the corporations, and that’s the bottom line. I do not respect McCain or Obama as presidential material.
Yeah, I don’t get stressed over it anymore – I’m numb over the whole thing too.
#36 by Shinade at September 26th, 2008
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As always Bobby a very informative article. I wish I had more to offer in response.
But, I too am becoming more and more numb to all of it. I have to shut it out because it literally scares me to death. And my anxiety and depression can’t deal with it.
But I like you agree about where many things stand. I do support O’bama. I do believe that he is the only viable candidate for election that might help the rest of the world see that we are trying to change over here.
But in the end I think it will take nothing less than another revolution for all of us common folk to get our government back.
But, unfortunately I don’t see that happening either. Simply because so many just don’t care. As long as all is well with them they continue forward doing their daily do.
It breaks my heart.
I also wanted to make sure you were one of the first I popped in to say hello to after my 5 month absence.
I know you understand a lot of the same personal issues that I deal with too. And, I am feeling quite, over whelmed, lost, and truly don’t know how to get back into the swing of things.
So I’m just winging it-Tee…Hee:-)))))
#37 by Revellian at September 26th, 2008
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Hi Jackie! Unfortunately, Obama is a socialist and this is America, not Russia. He’s definitely not going to help the people, he will only help the government and special interest groups. I cannot vote for a man who knows less about economics than I do – and that goes for McCain too. You should consider voting for Chuck Baldwin of the Constitutional party.
That’s enough of that!
It’s really great to see you and I hope all is well! I’ll come visit your blog today
#38 by Shinade at September 28th, 2008
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Hi Bobby! Ouch a spanking and I am still smiling. Only you and Euro can get away with that.
I hope you have a great week Bobby and please keep on keeping on.
Thanks for stopping by and adding a little cheer to my day yesterday.
I am glad I got out of the political blogging and decided to take up photography.:-)
#39 by Revellian at September 28th, 2008
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@Jackie: Hahaha…I should have kept my big mouth shut!
Maybe I’ll take up photography myself