Friday, October 03, 2008

Stupid comments and more on the bailout

By MICHAEL HALEY

Those who say they won't vote for the bailout because it is socialistic — that's like having a theory that children should learn to swim by just throwing them in the water, so you throw in your kid and watch them drown to uphold your theory.

Dave Ramsey — this guy is all over the TV, saying he thinks there are better ideas than the bail out, like eliminating capital gains taxes. Even if that would eventually help the economy, it is not going to take an effect for a year or more, and will do absolutely nothing to help the current crisis. Sen. Richard Shelby said it too, that was his only idea. Palin ain't the only one that doesn't know what she is talking about.

Telling people, well, my bank is lending money today. Day to day ups and downs mean nothing. Coyote Blog, a libertarian blog, takes the cake by saying he called his local bank and they are doing fine. That is like finding out the ocean just got polluted to the point of toxicity, you live in Arizona and turn on your tap water and say, well my water is just fine.

Some guy on talk radio saying that default credit swaps really total $63 trillion and they are throwing a trillion at it to mollify people until Obama can get in office and then he will turn the whole government over to socialism. It is all a plot, see, like so much of what Obama is doing, to destroy America.

"Is there anyone that can argue against that our dollar is being purposefully destroyed so that we can enable the SPP directive for the Amero?"

Uh, yeah. The dollar is strengthening. And get back on your meds.

The version of the economy bail out bill that the Senate passed adds another $100 billion to the deficit, beyond what they need to finance the bail out. But I am glad they just passed something, and it is not a lot different than the last one, except everybody got to add pork. That is what our government has been reduced to these days. Don't read the add-ons, it will make you sick. By the time the house gets through with it, it will add a half trillion to the deficit.

Americans uniting behind hating rich people and all calling their Congressman in record numbers to make sure that the investment banks go bankrupt ... uh, except that is the system your money is in too. Ever been out in a rowboat with someone you don't like on the other end? Just bust a hole in the middle of the boat and watch them drown. That'll show 'em.

The 65-70 percent of Americans who are now conveniently forgetting that they knew housing prices were in a bubble for years but they liked watching their own home equity go up so much they looked the other way while they took out those equity loans. Just like the mortgage bankers who were collecting fees and thinking, it will be a soft landing and by then I will have so much socked away ...

On a good note, Americans seem to be starting to realize the gravity of the situation. People are massively confused by what is going on, and so are most of our elected representatives.

What is also true is that the turkeys in the media failed us badly. This is what happens with talking heads television that constantly emphasizes the extreme sides of issues to titillate their partisan viewers.

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