Friday, September 19, 2008

Forty-six days to E-day... or, "Oh my god it is the economy isn't it?"

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I'm starting to think we're all going to collapse from political exhaustion before we ever get to vote.
The climate in the USA is so confusing at this point.

Some interesting things going on in the country now.
A Federal plan to rescue the banks by purchasing their bad debt.
Bush made a speech which talked about putting taxpayers money at risk to do this.
I think that's a curious statement because last I knew we didn't have any money. We're borrowing at this point.
(Maybe he means our grandchildren's tax money?)
Financial Crisis = Financial Bailout
Hmm... hundreds of billions, not ruling out trillions, of dollars.

I feel like we're all playing Deal or No Deal and no matter what we do we'll
go home with nothing in our suitcase.
So yay, congress is now working on a bill to pass (bipartisan of course) that might be done by the end of next week.
Too bad they didn't see this coming... oh, actually they did have a clue but no one did anything.
Congress, president, CEOs, accountants, investment banks, markets and the Securities and Exchange Commission (SEC) etc., There are many feet to lay blame before, certainly not just one person. There were rumblings but... $$ssshhhh!!!
McCain as a matter of fact was talking about being a deregulator... you know the concept "let them police themselves."
This is going to be very interesting into this New Year, and could get rather scary.
Of course there's an up and downside to this economic bailout "theory." Uh, that would be it might or might not work.
Won't slow the pols down... mudslinging will like as not continue.

The only thing I'm pretty sure this bail out would seem to do reliably is this:
The wealthy, upper crust of these corporations (CEO's Pres. Boards) will save their own home (or homes as the McCase may be)
and retain job security for even longer. Even though it was their mismanagement that got us here in the first place.
The bail out won't help anyone who lost (or will lose) their homes all ready.
Homeless middle-classers? Sucks for you man... shoulda known better. eh?

Technically bailing out "free-market" enterprise isn't a free market, is it?
Socialized Capitalism... I still say. But, of course it's only a "loan" all that money'll be paid back eventually right? Um, right?

Please give me some debates that actually answer important questions and make them stay until they do.

Meanwhile, Hurricane Ike in Texas one week later and still a mess.
Not quite a Katrina like mess but not exactly what it should be either.
Why is relief for such hard hit places so inefficient? Don't we have emergency contingency plans ready to implement in crisis?

I wish McCain would pay attention to his message and address why we should vote for him as a republican instead of
taking every opportunity to squawk about Obama...
And Obama needs to talk about why we should choose him.
I think Palinmania is finally dropping off. Good! Now maybe she could answer some questions too, without bashing Obama, saying they're ready and not answering the questions. Some "straight talk express." Puhleeze.

Both sides are full of untruths... I still strongly prefer Obama/Biden.
They are far less rigid, less conservative and I see absolutely no reason to reward the Current republican administration with another republican one. McCain didn't run as an independent, he is lock, stock and barrel a republican.
McCain is more of the same.
He'll come in under the "Trojan horse of change" and after elected open the belly and let back out the same old republican he's been all along.

And how about the news item that John McCain wants to take Sarah Palin to the United Nations next week?
So she can (I would guess) claim new foreign experience via osmosis from "meeting" some world leaders?
Isn't it enough that her state is next to Russia? Damn, what more do you people want?

This election is absolutely ridiculous. I don't get it at all. It would be funny if it wasn't REALLY happening.

I continue to support Obama because I could not in good conscience ever vote for McCain.
I've thought it through and can't support such a conservative platform with an agenda like this republican team.
And Palin just isn't presidential material. Maybe someday, (I think not, but...) sure as heck not now.
She tows the party line, says John McCain is wonderful and brings nothing to the ticket other than being a woman.
None of them are Mavericks. Sorry.
McCain may have been one once upon a time (and some would question that) but not now, not at all.


Going to go catch up on the news. I taped some things that I had to miss today.

I fear that if we do this debt producing bail out we will have repercussions that no matter who gets in the white house...
Nothing will be changing for quite some time... though they still could go after Roe vs Wade.

It will produce a longer recession, still will be home foreclosures (this doesn't fix that problem), and a level of financial uncertainty.
I also don't think this is going to be an easy vote for congress, there will be some major disagreement on points.
We shall see.

Unbelievable times these are... We need actual leadership. Keep listening to it all and thinking it all through.

G'night

Laura



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