Posted By: dave on Wednesday, October 15, 2008
Mr. Jeffrey's column, as interpreted through the BS filter: "I loathe poor people, and don't want to do anything to help them. So I'll blame the economic crisis, which is really the fault of excessive greed and the stagnation of real wages, on them, and hopefully we won't have to help them ever again, and I can be as greedy as I want. I can't stand being responsible for my fellow man, because I can't stand losers, even if it's not their fault." Why op-ed editors keep buying this is beyond me, and is further illustration of the rotting core of America.
Posted By: michaelsz on Thursday, October 16, 2008
Is it , truly & totally ironic, that when this financial calamity, got started,...And the "bailout proposal",...Was intiated, by Presidential Bush. It was really & totally due, to the fact, that,...The worlds' stockmarkets, had reacted "negatively",...Across the globe,...When the second & revised, "bailout bill", was approved, by the House of Congress,...The worlds' stockmarkets continued, in their "freefall" spiral, of rapid declines',...So, the world's european leaders, of the "G7" leaders', of the worlds' industrialized countries, convened in Washington, at the nation's capital,...One can only surmise,...Because these nations' stockmarkets', having reacted, negatively,...To any steps, to "our" President Bush's instructions & decrees, thus far,...Hadn't seen any positive, movment in their nations' stockmarkets', as a result, from President Bush's, signing into law,...America's seven hundred and seventy billion dollar "bailout plan",...So, one can only, thusly surmise, that the "G7" leaders of the worlds' industrialized nations,...Had to come Washington, to truly get some "positive action", to be seen, to be taken,...In order to get, actual positive reaction, to be seen in, the global nations' stockmarkets,...The world over,...How truly, & literally ironic,...It truly is, that this nation, had to result, to be demanded, when this current President shunned, the United Nations & the other free nations of the world,...When he started, "his" invasion, of Irag & Afghanistan, contrary to their objections,...That it took, & complete collapse, of the global stockmarkets,...To have the "G7" leaders, to come to Washington, to convene, in the face, of true & total diaster, & in the face, of President Bush,...To try to get the "financial pump",...To be seen, to get started,...If at all. It is almost, as if,...The nation's leaders of the world, of the "G7" nations, have "put up", long enough, with the "shananigans",...Long enough, up & till this point,...That they really, had to find out,...Up close & personally,...How this "makeshift",...Any kind of "national statesman" & "president",...Could even, find his way, through the White House's front door,...And all this time, the republicans' are "screaming" & "yelling" to the high heavens, that this very sort, of "bailout action",...Would socialize, this nation's, free market system, of an economy,...And look,...What truly & totalled happened,....The voters, of this democratic nation,...Did, put a "Green Acres", kind of character, in charge ! Ironically, Ironic ! Print more money, devalue the dollar,...That's the ticket,...Yeah, the ticket straight to "HeLL",..."HeLL", here on Earth,...What kind, of true & total "nutjob", has this President Geoge W. Bush, had made himself out to be, some eight & years ago,...To be! Oliver Stone, should have wait a few more months, before starting, shooting his movie,..."W" !
Posted By: Sean on Thursday, October 16, 2008
Holy overuse of punctuation and bad grammar batman!
Thanks,...Thanks very much,...It so makes, my point, 'bout this "nutjob",...Of a real, honest to GoD, president !!!
Thanks,....Thanks very much,...It so very much, proves my point, 'bout this very true & total "nutjob",...Of any kind of a real & honest to GOD, president !
Posted By: Mark on Thursday, October 16, 2008
The government has no business buying banks with our money. If you bought a house you can't afford you should lose it. If you loaned money to someone who can't pay it back too bad for you. Think how many windmills 700 billion could have bought. We are being ruled by retards.
Posted By: ellis on Thursday, October 16, 2008
possibly someone could give michaelsz the book 'eats, shoots, and leaves' so that he might learn how to punctuate the English language. at least i believe that is the one he uses in his writing, though it is difficult sometimes to be certain. i have never seen so many commas used so incorrectly in one paragraph.
Posted By: timberoo on Thursday, October 16, 2008
What will it take before you people realize that, while CEOs are the evil-doers, as they took full advantage of Americans' financial illiteracy, the great unwashed have brought this apocalypse upon themselves by our culture of materialism and instant gratification that has every schmuck on minimum wage believing he/she should be living la vida loca. Having never earned more than $40K - and now earning quite a bit less - I am still in my 'starter home', a 100 yr. old inner-city rowhouse, nearly 30 years after I purchased it with a 15 year fixed-rate mortgage (fixed, btw, at 11.5% during the skyrocketing interest rates of 1980) for which I had to undergo three weeks of intense scrutiny and hope they'd hustle, as the rates were going up even as I waited for loan approval. Mercifully, I had paid off the house before it needed a new roof and heating system, so I was able to negotiate a home equity line of credit from a reputable firm. However, crime is rampant in our town of 75,000; the school system is in shambles (35% daily truancy; 50%+ dropouts); the water infrastructure needs replacing at a mind-boggling price tag; all but a handful of good-paying jobs have gotten outta Dodge; and numerous big-ticket civic improvements have been shelved through lack of funding. Thus, it is unlikely I could even recoup what I've put into this place if I were to sell it after nearly three decades. Meanwhile, I see some moron on CNN crying the blues because, earning $10/hr., he can't cut the ARM payments on his $409,000 home. What part of the word ADJUSTABLE did he not understand? A cable TV cottage industry has arisen out of reality shows on which speculators buy and 'remodel' hovels on the cheap, then "flip" them in weeks at outrageous profits. My (former) best friend and her husband, DINKs, have declared bankruptcy once, and recently took a bath when they borrowed more than they needed to against their immense home from a shady character who then, himself, was exposed as a Ponzi artist. Still, they're driving a T-bird convertible and a leased SUV which will never go farther off-road than the parking lot of the liquor store. Mothers taking carloads of kids to the clinic at the hospital where I'm working can barely drive, as they're yakking on cell phones with monthly plan fees higher than my home equity payment. Cut me a break. This entire situation, from the golden parachutes to the bailouts, will ultimately fall on the shoulders of the real fools, who lived within their means while others were living large. And now, as Terrence notes, the gameplan is to encourage more lending/spending. jesus. One would laugh at the irony, if the reality of it all weren't so freakin' pitiful. Of course, it may surprise y'all to learn that I'm voting for Obama, as the C-SPAN image of the S&L bailout hearings, starring 'war hero' John McCain, are still etched in my subconscious.
Posted By: Glen Scutt on Thursday, October 16, 2008
Loved the last (and best) debate. Now that George Bush, John McCain and Barak Obama are all "Socialists," the issue has become who will be the most knowledgeable and capable Socialist? The Republicans want to buy up part of every bank in the country, whether the banks need to be socialized or not. The Democrats seem less doctrinaire. The Republican party seems to be suffering from severe brain damage.
"Eats","Shoots" & "Flees", whats' that all about? The Sarah Palin's driveby guide to shooting your latest gamey repubilican politian, while driving across the border into Russia, to scare the flees off the last found polar bear on,...Earth ?
Posted By: middle ground on Thursday, October 16, 2008
Hey, investors played dirty and got caught. It is amazing how they blame everyone but themselves. They abused a system that was put in place to help poorer folks with good credit and a stable job get small loans to by a small house. But greedy investors gave big loans to anyone who walked in and sold the loans before they got stuck with them and made big bucks! Those who played the dirtiest have no right to whine about government regulation. No more easy money! Whah! It sure does suck though, for people who did not make a killing in the past five years. Our retirements are dwindling, our jobs are being lost, our home is worth less than we paid for them. Yes, we only own one. Please rich guys, stop complaining already.
Posted By: LOPED on Thursday, October 16, 2008
I seem to remember that the last time (Depression/WWII) a major industrialist (possibly Armour) lent the US government the money needed to kick start the economy. Where was Buffett (finding profit at the expense of us little guys), Gates, et. al.? And has anyone thought that this bank action could be unconstitutional and subject to Supreme Court adjudication? Taxpayers revolt!!
Posted By: New Hampshire thinker on Thursday, October 16, 2008
This past weekend, 5 members of a local class of 1937 weighed in on the present economic crisis. Their take, "this is no depression. How do we resolve this? It's a four letter word--work." I agree with you that President Bush who had two businesses fail, using other people's money, doesn't understand thrift. Neither do the friends who flip houses and drive the price up for people who want to buy and pay for their homes. Please put the blame where it belongs, Fannie Mae and Freddie Mac, Barney Frank, Chris Dodds and ACORN.Went to see Governor Palin yesterday. Now I know why the media and feminists are so anti-Palin. She has more charisma, authenticity, command of the English language and the subject matter, plus situational awareness that Senator Obama or Bill Clinton have every had on a good day. I have heard the former two speak in person many times. So don't count Governor Palin out, the media is running scared. Cheers from NH where Senator Obama spent a great deal of his time today slamming everybody and everyone including the good guy, Joe the Plumber from Ohio who has the audacity to want to buy a business and buy a few trucks for the business. Senator Obama thinks Joe should be thrilled to share the wealth with others rather than buy trucks for his business to give people jobs so they too can buy into the American dream. There fellow bloggers is the problem with the economic present. Fannie Mae and Freddie Mac, noble concepts, shared the wealth with no prospect of any return on investments. Greed is alive and thriving in Washington as well as Wall Street, as well as the urban political arms of ACORN.
Posted By: Steve Stevens... on Thursday, October 16, 2008
Mark, buying windmills is easy, nut whose back yard are you going to put them in ??? Timberoo, The blame still rests with the afirmative action people... Look at the houses that the dummies can not afford, and you will find at least two new vehicles in the garage. It is and will always be called greed...
P
