Alright, I have to say this. I know this isn't a political blog, but I have to throw something out there for the sake of reason.Why is it that we're trying to pay for all these bad mortgages out of tax payers' pockets, when it's not the tax payers who are at fault, but the stupid financial companies who made idiotic decisions and suffered as a consequence--not to mention that they preyed on an uneducated public to get them to take loans they couldn't afford, etc.?
Why should I pay for the bailout of all these companies? I know it's to help the economy, but I don't feel that I or anyone should be responsible for fixing their mistake. Why are we just going to hand over money to them, money the tax payers will have to pay out of their pockets? Couldn't there be conditions? Say, perhaps, offering this money as a loan to those companies, with a reasonable interest rate? That seems logical to me. We give them money, they pay it back, and we use the extra to pay off some of the deficit or for healthcare or whatever.
Everything about this whole bailout stinks of right-wing politics, greediness, and the same mentality that put us in this position in the first place--and you know what I'm talking about: it's that mentality, that mindset where the average America, you and me and hundreds of millions of others, are completely unimportant, where money and power are all that matter.
This has to stop. We don't have the money to pay for this, dammit. We don't. This is like forcing me to have to pay for my neighbor to get his roof fixed because he thought it was cool to shoot cannonballs through it. You see how stupid that sounds? Well that's what our politicians are making us do. I don't give a frak about the tax cuts they're now offering. Why? Because most people won't even notice it. It's the rich who will see that cut and the rest of us (or at least those that are working) will see hardly anything change. I know that the rich pay more in taxes, but it seems unfair to the American people that the rich get all the benefit out of this.
And then I have one more question:
What is it going to take to get the lot of us off our asses to collectively throw a complete frakked-up fit and tell the government that enough is enough? Seriously. What is it going to take to get all of you off your lazy asses to fix what is wrong with this country? When it comes down to it, it is the American people who are directly responsible for all that is wrong about America. We are responsible, because we never got up as one and said, "No!" We took it all, right in the ass, over and over, serviced like cattle lined up at the milk farm (and I don't mean the milking, but the other things they line cattle up for).
Have we had enough now?
Have we?
Or are we going to let the politicians continue to walk over us?
And congratulations to us for letting this all slip through. We've just taught anyone who has such a stranglehold on the American economy that they don't have to be responsible for their business practices because we'll just bail them out. Fantastic. This is like teaching your child that it's okay to steal by not punishing them for stealing...
(Don't click the read more, there isn't any more after this!)
Yes, it's stupid to give money to companies that have made mistakes, but it's not just the companies that are affected. If they go down, then people lose their homes, their jobs, and pretty soon you have a rerun of the great depression, when, oh look, the average person is again, screwed, and in a more major way than just paying a few more taxes. I don't know the entire US situation, I'm not great on economics, but I do know this is needed. It's perhaps not the best solution (in fact, it's probably the worst, knowing governments and how they like to do the worst thing possible) but it is a solution, and a solution is needed above all else here.
ReplyDeleteIt's not even like this is ... Paraguay, or some other small country people aren't entirely sure how to spell--this is America, a cornerstone of the world's economy. The UK is feeling the effects already, and probably a bunch of other countries too. If the US goes down so do a lot of other countries. Which is ridiculous and unfair, but it's the current situation and we can't let the world get into a repeat of the 1920s, even if the way to do that is pretty annoying. Hopefully the world will learn after this. It learned after the great depression, or we wouldn't be trying to pre-empt the situation now.
People are already losing their homes and still will be losing their homes even after the bailout. People have been losing their homes for a year now because they were given loans they couldn't afford.
ReplyDeleteThe Great Depression isn't possible in the U.S., contrary to what the media wants us to think. This bailout isn't actually fixing anything. It's just making matters worse.
Isn't possible? Of course it is. Everything's possible.
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