Random Thoughts about politics today.
Here I am listening to the radio on my way to various obligations and this guy calls in and says something to the effect of "There are 300 million Americans, if we gave a million dollars to each one that is over 18, we would resolve this economic crisis for penneys on the dollar".
It got me thinking that if the government did this tax free and deducted the FULL amount of everyone's mortgage and gave everyone else the remainder, the housing crisis would be over and those who are renting would have a cool million to buy themselves something and still have money left over.
Instead, they were willing to give you a $300.00 stimulus package.... so, what did you do with all that? Living large, are you?
I tell ya what I did with mine... I gave it to the utilities company to help me defray the $400.00 heating cost of just ONE month this past winter.
But I do like that idea. How about you?
Later on, more on today's events, I am still sorting through all the players.
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3:39 P.M.
For those of us that are still hellbent on critizing irresponsible homeowners, let's take a step back and see how they got into their current mess in the first place.
Here is an excerpt from George W. Bush and it is towards the end of the page, however, the ENTIRE speech is so worth reading because so many of the people involved in the housing fiasco are named. Remember de-regulation? This entire speech shows you how it works (or not)
"The other thing Kirbyjon told me, which I really appreciate, is you don't have to have a lousy home for first-time home buyers. If you put your mind to it, the first-time home buyer, the low-income home buyer can have just as nice a house as anybody else. And I know Kirbyjon. He is what I call a social entrepreneur who is using his platform as a Methodist preacher to improve the neighborhood and the community in which he lives"
The entire speech comes from the White House website (click here to read)
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IS WALL STREET IN PERIL?
You could not tell by the fact that it closed today 197 points UP!
(I smell a very large rat)
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WHO SHOULDH GET BAILED OUT?, No... Really... Who?
I vote for the trucking industry that has been suffering long enough. You know these guys, right? They are the ones who deliver the stuff to the store. The stuff you need; the medications, the food and yes, even the toilet paper.
Also the stuff we don't see but take for granted, such as building materials and pipes for infra-structure repair and maintenance....
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For those of us wondering who or what is getting bailed out:
AIG already got bailed out.
Fanny and Freddie got bailed out.
So what is the rest of the money for? Who is getting it? Who gets to retire in the Bahamas with their Golden Parachutes?
My husband worked for a huge chemical company. If the operator wrecked a batch of (whatever they were making) it would cost the company $100,000. If said operator did that several times, do you think for a second that they would get a huge golden parachute with their pink slip?
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I am sick to my stomach. If it was up to me, you would all get $1,000,000.00 to pay off all of your bills and put the rest under the mattress.
I love you guys.
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DO WE FINALLY GET A REAL DEBATE INSTEAD OF OBNOXIOUS COMMERCIALS?
McCain does not want to debate, suspends his campaign and goes to Washington to fix all our problems.
Damn! what a Maverick!
1. He does not want to debate or have Palin debate. That is clear.
2. While he has "suspended" his campaign he has been giving speeches and getting camera time for free (very clever). He is campaigning.
3. No, he was told to stay away. Now he has met with all the Republicans and all bi-partisan party solutions have melted. Why? Because he does not want to debate. He wants the drama and pretend he is so very involved in the crisis he has no time for anything else.
Country First? I think not.
Division, lies, self promotion, Greed... yeah, that's first. Glad to know we are back on track
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PEACE
Thursday, September 25, 2008
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I am sorry that I am late in commenting on yesterdays entry.
ReplyDeleteI have tried to read the Executive Directive 51. I read it in it's entirety. It is so written, that I can not understand it. I wish someone here would delve into it and explain it.
Something that I did do today, and wish I hadn't, was looked at our financial accounts. As of yesterday, we have lost $80,000 in the last 4 months. That sounds like we were wealthy to begin with. Nothing could be farther from the truth. We were hard working, blue collar workers. My husband retired after 23 years in the military. I was a nurse until my husband got to sick and needed full care. This was the money that I was to be able to live off of when he dies. So yes, I believe we should be the ones bailed out.
Where did the money come from, us, so return it to us.
My dear, Hang in there! They are not done yet.
ReplyDeleteMy hubby had a 401K with Morgan Stanly and it is now a 101K. I have seen the losses and wish we had pulled the money out and blown it ourselves. (yes, they are partly owned by China).... Waaaahooo! such a relief to know that American money is in such good hands.
We got nothing left.
At least we would have had something to show up for it.
Tomorrow they are planning a stock market crash. It is all manipulated.
But it will be back up on Monday because these people have millions and billions of their own. They can't afford to keep it down.
If Obama wins, the stock market will soar. Hang in there.
PEACE