I’m talking enmass, all of them at the same time. Can we do that?
We’ve got a new president, a new White House with Congress singing his praises while sitting on their collective ass, waiting for a miracle of change.
At the same time, Congress is singing the same old song....more tax cuts from the GOP, while the now in control Donkey Party sits around with it’s thumb planted firmly up its butt refusing to tell the GOP fools that enough is enough.
I mean who needs a bipartisan mandate. It’s nice to have, but hell, the country is going to hell in a hand basket. These guys aren’t suffering, they just gave themselves a 4700 dollar raise in December while 100,000 of the rest of us got laid off and their jobs folded, not sent overseas to be outsourced...vanished...maybe never to come back again.
Weren’t they paying attention? The country said in November to cut out the dumb shit and get to work, pulling us out of this mess.
Don’t they hear themselves? The grand old party got us into this mess but is now trying to look fiscally responsible by saying careful, “Obama, you’re spending too much money.”
This, after they’ve given away the country to China and Japan. I’ve been telling my friends for years to start learning to speak Mandarin and Japanese...Can you say Konicihiwa.? Hi!
The vaunted TARP money -anybody know where it went? How about you fiscally conservative GOP people-who’s watching the money? Did it make it to the people it was supposed to help? Or did it go to some fat cat named Thain who needed to redecorate his office to the tune of a couple of billion dollars?
And Please...........Don’t even try to tell me that he used his own money for that...Or that the 4-billion dollars in bonuses that he gave to his homies wasn’t taxpayer money....spare me..
I think the thing that got me going is that jerk Thain said while apologizing for his actions, that he needed to pay the bonuses in order to keep good talent from leaving his company....
WTF....DIPSHIT.....WHERE THEY GONNA GO IF YOU SAY THEY CAN’T HAVE THE MONEY....TO ANOTHER WALL STREET OR BANKING FIRM?....OVERSEAS? The arrogant little silver spoon fed piss ants probably can’t even speak English let alone a foreign language.
You know they really do think we’re stupid.......Sometimes I agree with them...
Anybody up for some old fashioned protest action on Capital Hill? I’m talking bodies in the streets..not internet letters and petitions...Well what about it?
Rambling opinionations from a vertically challenged, butterscotch shaded, newly minted senior citizen.
Showing posts with label Wall street. Show all posts
Showing posts with label Wall street. Show all posts
1.28.2009
11.17.2008
Bang for My Buck
I am losing my patience with our government. I keep telling myself to put down the newspaper, take a step back and breathe, because it’s not as bad as it seems. What’s got me hyperventilating? Our current financial situation for one. It seems we've given out 2-trillion dollars and nobody in government knows who got the money or how they are spending it.
I’m not happy with the bailouts presently going on. Not because I fear we’re sliding into a socialistic kind of government. We’ve had some sort of socialistic tendencies going on for years, like our progressive tax system, for instance. What bothers me is all this money is being given out in taxpayers’ name, and still, nobody is being held accountable. I mean, who is getting this money...what are their plans for this money...do the CEOs and other honchos still get their bonuses and golden parachutes....are other companies, like AIG still funding getaways for their execs on taxpayer money...was any criteria set before they got the money, or did they just say, we’re broke..give it to us...
That doesn’t work for me or anyone I know for that matter. When those of us in the real world go broke for whatever reason, unless we have a benevolent rich relative to bail us out, we have to sign over everything as collateral including our first born, in blood, on parchment made from the skins of our ancestors.
More and more companies are asking for a handout. Whatever happened to the unregulated market place. What happened to survival of the fittest? I’m being forced to live by those rules. Why not big business and Wall Street? Why do they get to change the rules when they don’t work. Seems to me that if you allow your company to fall into financial ruin, and the workers lose their jobs, then you need to lose your job, your parachute and whatever bonus was promised when you signed on. It’s not fair for CEOs and others to walk away with the money while the workers get furloughed and thrown into bankruptcy. Especially if their back up plan is to ask for taxpayer money to get them out of their self constructed ditch.
Now the auto industry is crying for a handout. I’m in favor of giving it to them, because so much of our economy runs through Detroit. The big three are the major employers. They fund other industries, including our defense industry. Losing any one of the big three would be a catastrophe.
But, they need to give us something, too. If the big three want my money, then they need to build the kind of car that I need. I need a fuel efficient, safe car, that is environmentally friendly like the ones that are manufactured for the overseas markets. The big three also need to return some jobs to America. Let’s manufacture these cars over here, for a change and ship them out, rather than ship them in to the country.
Some of that is actually going on. Half the cars on the road, no matter what the name, are made here. I drive a “foreign” car with a Japanese name that actually rolled off the assembly line in Moraine Ohio between GMC Envoys and Chevy trailblazers. The only difference between my “foreign” car and the Envoy, is the name on the side panel and ten thousand dollars in price. My foreign car had the cheaper price, yet was loaded just like the Envoys and the trailblazers. My car is even roomier than the Trailblazer. Why not cut the price to the American market, too. That Moraine, Ohio plant shut down earlier this year in a cutback move, by the way.
I hope that if and when the government decides to bailout the auto makers, it will get some bang for our buck. Better cars, more jobs with a living wage. Then I would feel better about signing off on these bailouts.
I’m not happy with the bailouts presently going on. Not because I fear we’re sliding into a socialistic kind of government. We’ve had some sort of socialistic tendencies going on for years, like our progressive tax system, for instance. What bothers me is all this money is being given out in taxpayers’ name, and still, nobody is being held accountable. I mean, who is getting this money...what are their plans for this money...do the CEOs and other honchos still get their bonuses and golden parachutes....are other companies, like AIG still funding getaways for their execs on taxpayer money...was any criteria set before they got the money, or did they just say, we’re broke..give it to us...
That doesn’t work for me or anyone I know for that matter. When those of us in the real world go broke for whatever reason, unless we have a benevolent rich relative to bail us out, we have to sign over everything as collateral including our first born, in blood, on parchment made from the skins of our ancestors.
More and more companies are asking for a handout. Whatever happened to the unregulated market place. What happened to survival of the fittest? I’m being forced to live by those rules. Why not big business and Wall Street? Why do they get to change the rules when they don’t work. Seems to me that if you allow your company to fall into financial ruin, and the workers lose their jobs, then you need to lose your job, your parachute and whatever bonus was promised when you signed on. It’s not fair for CEOs and others to walk away with the money while the workers get furloughed and thrown into bankruptcy. Especially if their back up plan is to ask for taxpayer money to get them out of their self constructed ditch.
Now the auto industry is crying for a handout. I’m in favor of giving it to them, because so much of our economy runs through Detroit. The big three are the major employers. They fund other industries, including our defense industry. Losing any one of the big three would be a catastrophe.
But, they need to give us something, too. If the big three want my money, then they need to build the kind of car that I need. I need a fuel efficient, safe car, that is environmentally friendly like the ones that are manufactured for the overseas markets. The big three also need to return some jobs to America. Let’s manufacture these cars over here, for a change and ship them out, rather than ship them in to the country.
Some of that is actually going on. Half the cars on the road, no matter what the name, are made here. I drive a “foreign” car with a Japanese name that actually rolled off the assembly line in Moraine Ohio between GMC Envoys and Chevy trailblazers. The only difference between my “foreign” car and the Envoy, is the name on the side panel and ten thousand dollars in price. My foreign car had the cheaper price, yet was loaded just like the Envoys and the trailblazers. My car is even roomier than the Trailblazer. Why not cut the price to the American market, too. That Moraine, Ohio plant shut down earlier this year in a cutback move, by the way.
I hope that if and when the government decides to bailout the auto makers, it will get some bang for our buck. Better cars, more jobs with a living wage. Then I would feel better about signing off on these bailouts.
Labels:
auto industry,
bailouts,
Wall street
9.29.2008
OOPS!
Since I live in that great swing state of Ohio, I get more than my fair share of campaign this and that, on television during the day. I usually have the telly on while doing housework. Not watching, just halfway listening for anything important.
Well, there it was, BREAKING NEWS, John McCain and Sarah Palin are live, in Columbus, and John is addressing the rather rowdy crowd.
Papa Smurf began by saying wonderful things about his running mate and promising that she was going to win Thursday's debate against Joe Biden. Then he launched into a self congratulatory back pat about the bailout. Thanks to him, the economy was saved. And he did it without any help from Barack Obama and those damned Democrats;
He got lots and lots of applause while flashing that creepy smile of his. Then, apparently the bottom fell out.
Because, less than an hour later, the bailout failed, by 12 votes.....12 republican votes.
The Democrats had promised 140 votes and they delivered...The GOP, led by John McCain if you believe the words coming out of his mouth, promised 60...But they didn’t get ‘em....hmmmmmmmm
So what does great leader do? Gets back on his straight talk express and sulks, until his minions craft together a statement, and lets them read it to reporters rather than deliver it himself.....and you guessed it.....blaming Obama for the bailout defeat...
House Speaker Nancy Pelosi also got some blame for the defeat, after chastising President Bush's free market economic policies, for pushing Republicans away from the bill.
The entire Arizona and Alaska House delegations voted against the bailout bill.
That’s some leadership, John....getting one upped by that uppity elitist junior senator from Illinois and you the 26 year maverick senior senator from Arizona...
While we’re at it...I may as well spread some blame around, too. Back in 1999, McCain voted for a bill that was authored by his old buddy Phil Gramm...you remember him...the guy who said all this financial meltdown was a figment of our imagination and that Americans were whiners...
That 1999 deregulation bill was the Commodity Futures Modernization Act - 265 pages of voodoo economics that accelerated this crisis on Wall Street..The crisis began with the election of Ronald Reagan, but we'll save that history lesson for another day.
This bill also included the Enron Loophole....Remember that one?
Gramm, by the way is McCain’s choice for Sec. of the Treasury, if he makes it to the White House.
As late as last week, McCain said the economy was sound and that deregulation was a good thing.
Well, there it was, BREAKING NEWS, John McCain and Sarah Palin are live, in Columbus, and John is addressing the rather rowdy crowd.
Papa Smurf began by saying wonderful things about his running mate and promising that she was going to win Thursday's debate against Joe Biden. Then he launched into a self congratulatory back pat about the bailout. Thanks to him, the economy was saved. And he did it without any help from Barack Obama and those damned Democrats;
I put my campaign on hold for a couple days last week to fight for a rescue plan that put you and your economic security first. I fought for a plan that protected taxpayers, homeowners, consumers and small business owners.
I went to Washington last week to make sure that the taxpayers of Ohio and across this great country were not left footing the bill for mistakes made on Wall Street and in Washington.
Some people have criticized my decision, but I will never, ever be a president who sits on the sidelines when this country faces a crisis. Some of you may have noticed, but it's not my style to simply "phone it in."
I am a Teddy Roosevelt Republican. I believe our leaders belong "in the Arena" when our country faces a challenge. I've never been afraid of stepping in to solve problems for the American people, and I'm not going to stop now.
Senator Obama took a very different approach to the crisis our country faced. At first he didn't want to get involved. Then he was "monitoring the situation." That's not leadership, that's watching from the
sidelines.
He got lots and lots of applause while flashing that creepy smile of his. Then, apparently the bottom fell out.
Because, less than an hour later, the bailout failed, by 12 votes.....12 republican votes.
The Democrats had promised 140 votes and they delivered...The GOP, led by John McCain if you believe the words coming out of his mouth, promised 60...But they didn’t get ‘em....hmmmmmmmm
So what does great leader do? Gets back on his straight talk express and sulks, until his minions craft together a statement, and lets them read it to reporters rather than deliver it himself.....and you guessed it.....blaming Obama for the bailout defeat...
"From the minute John McCain suspended his campaign and arrived in Washington to address this crisis, he was attacked by the Democratic leadership: Senators Obama and Reid, Speaker Pelosi and others," Holtz-Eakin said. "Their partisan attacks were an effort to gain political advantage during a national economic crisis. By doing so, they put at risk the homes, livelihoods and savings of millions of American families."
House Speaker Nancy Pelosi also got some blame for the defeat, after chastising President Bush's free market economic policies, for pushing Republicans away from the bill.
"Barack Obama failed to lead, phoned it in, attacked John McCain, and refused to even say if he supported the final bill," Holtz-Eakin said. "Just before the vote, when the outcome was still in doubt, Speaker Pelosi gave a strongly worded partisan speech and poisoned the outcome. This bill failed because Barack Obama and the Democrats put politics ahead of country."
The entire Arizona and Alaska House delegations voted against the bailout bill.
That’s some leadership, John....getting one upped by that uppity elitist junior senator from Illinois and you the 26 year maverick senior senator from Arizona...
While we’re at it...I may as well spread some blame around, too. Back in 1999, McCain voted for a bill that was authored by his old buddy Phil Gramm...you remember him...the guy who said all this financial meltdown was a figment of our imagination and that Americans were whiners...
That 1999 deregulation bill was the Commodity Futures Modernization Act - 265 pages of voodoo economics that accelerated this crisis on Wall Street..The crisis began with the election of Ronald Reagan, but we'll save that history lesson for another day.
This bill also included the Enron Loophole....Remember that one?
Gramm, by the way is McCain’s choice for Sec. of the Treasury, if he makes it to the White House.
As late as last week, McCain said the economy was sound and that deregulation was a good thing.
Labels:
bailout,
Deregulation,
Enron,
Governor Palin,
John McCain,
Obama,
Wall street
9.26.2008
Queen Johnny
To quote the late actor Robert Preston in the film Victor/Victoria, “there’s nothing sadder than an old queen with a head cold..”
Johnny Mac doesn’t have a cold, but he does seem to be channeling his inner drag queen this week(who else would pay $5500 for makeup), preferring to stir up chaos and a lot of drama, rather than campaigning like an honorable politician seeking the highest office in the land.
Actually, honorable in context with the word politician or in any sentence that contains John McCain’s name is an oxymoron. McCain’s campaign has been totally dishonorable. I didn’t think it could sink any lower, but apparently he prefers swimming in muddy waters.
A couple of days ago, McCain held his first news conference in a hundred years to tell everyone that he was suspending his campaign in order to run back to Washington and hammer out a bailout for Wall Street. Queen Johnny likes playing president. Remember when Russia jumped all over Georgia. John John took to the airwaves to tell everyone what he would do...not that we asked. He jumped so fast, you would’ve thought that Shrub had already retired.
Her majesty said no ads, no campaigning, no political work of any kind while he was being presidential....McCain even wanted to cancel tonight’s debate, because he said he had too much stuff on his plate to do something so trivial as to talk to the American people about foreign policy, which is his strong suit, by the way. Well, that stuff may work with reporters...he hasn’t talked to reporters since he started using Sarah Palin as a shield...but it doesn’t work with we, the people. And his campaign during this suspension has been business as usual, complete with the underhanded, lying attacks on Obama.
All that came out the oval office yesterday was this photo of McCain sitting at the end of the table staring out into space. So what happened? Did the big deal maker have an old timer’s moment and forget where he was? Reports from inside the room said McCain barely said a word nor did he really push for anything substantial.
So.....what was the point of all this nonsense except to say...”look at me, world...I’m John McCain...vote for me because I said so...” Drag Queen drama!
But he still has the spotlight....the question today is will the debate happen tonight....My guess is that it will....but Queen Johnny will arrive fashionably late in order to make an entrance...
Johnny Mac doesn’t have a cold, but he does seem to be channeling his inner drag queen this week(who else would pay $5500 for makeup), preferring to stir up chaos and a lot of drama, rather than campaigning like an honorable politician seeking the highest office in the land.
Actually, honorable in context with the word politician or in any sentence that contains John McCain’s name is an oxymoron. McCain’s campaign has been totally dishonorable. I didn’t think it could sink any lower, but apparently he prefers swimming in muddy waters.
A couple of days ago, McCain held his first news conference in a hundred years to tell everyone that he was suspending his campaign in order to run back to Washington and hammer out a bailout for Wall Street. Queen Johnny likes playing president. Remember when Russia jumped all over Georgia. John John took to the airwaves to tell everyone what he would do...not that we asked. He jumped so fast, you would’ve thought that Shrub had already retired.
Her majesty said no ads, no campaigning, no political work of any kind while he was being presidential....McCain even wanted to cancel tonight’s debate, because he said he had too much stuff on his plate to do something so trivial as to talk to the American people about foreign policy, which is his strong suit, by the way. Well, that stuff may work with reporters...he hasn’t talked to reporters since he started using Sarah Palin as a shield...but it doesn’t work with we, the people. And his campaign during this suspension has been business as usual, complete with the underhanded, lying attacks on Obama.
All that came out the oval office yesterday was this photo of McCain sitting at the end of the table staring out into space. So what happened? Did the big deal maker have an old timer’s moment and forget where he was? Reports from inside the room said McCain barely said a word nor did he really push for anything substantial.
So.....what was the point of all this nonsense except to say...”look at me, world...I’m John McCain...vote for me because I said so...” Drag Queen drama!
But he still has the spotlight....the question today is will the debate happen tonight....My guess is that it will....but Queen Johnny will arrive fashionably late in order to make an entrance...
Labels:
bailouts,
barack obama,
debate,
John McCain,
Wall street
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