Archive for Financial Bailout

Just Say No!

Posted in Economy with tags , on September 24, 2008 by gyma

One the many failures of this administration is that we no longer trust our government.  I listened to a small part of Sec. Paulson’s testimony yesterday and, sad to say, I don’t trust him either.  Who believes him when he says he was always for oversight but thought it was presumptuous to include it in the proposal? 

In this morning’s newspaper I read where Paulson also claimed, “This is all about the taxpayers.  That is all we are about.”  Oh, really?

I think Marcy Kaptur, an Ohio congresswoman, sums it up quite well:

[seen at Eschaton]

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Heads I Win, Tails You Lose

Posted in Economy, Politics with tags , , on September 22, 2008 by gyma

Go read Digby.

This Bailout’s About ME!

Posted in Economy, Politics with tags on September 20, 2008 by gyma

Oh, now I get it.  I just heard President Bush’s press conference and the reason why the government is pushing a $700 BILLION bailout is because he’s concerned about ME.  About my ability to get further in debt!  You see I just heard him say that if the government doesn’t take this action then I won’t be able to get a loan to buy crap I don’t need or I won’t be able to buy a house (isn’t that what got us in this mess in the first place?) that’s the size of a castle.

I would have more respect (well, probably not) if Bush had told us we all needed to cut up our credit cards, buy cars we can afford, and build houses less than 4,000 square feet.  Maybe plant a garden in our back yard so we can feed ourselves, and ride our bikes or walk more to not only save the planet, but improve our health as well.

But I guess the kind of advice my parents and grandparents advocated is for sissies.  Being patriotic now means going to the shopping mall and buying junk made in China.

We must be the laughingstock of the world about now.