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That's why we need some angels to buy the stocks and get a hazmat team in there to hose the place down. A bailout could actually just make things much, much worse.
Arranging angels is just another form of bail out.
3 Trillion to 10 Trillion Deficit in only 6 years or so.... What?
Blame it on them Tax and Spend Democrats. OOPS...Naw that dont work, the Republicans have been running things...HUMM?... OK Blame in on them Spend and Spend Republicans. You know... those screw taxing rich Republicans, taxes are for the little people, Republicans. The Banana Republicans.... OOPS maybe that was not such a good idea after all. HUMM?
What a mess and brought to us all by the dumbest and greediest morons ever to grace Washington D.C. They do give good banana though.
Our Uncle Sam cannot afford to let his little nephew and niece Freddie and Fannie fail. The whole U.S. economy will collapse. There will be a bailout and it will succeed with enough time. It will be costly in terms of standard of living for the most of us for many years to come.
What we will have is more INFLATION. We ran up so much debt money thru that Crook George Dubya Bush and his phony cronies in the military industrial complex and banking scamettes that we cannot pay it off anytime soon. Fiat paper.... Bout as good as the car.... Fake It Again Tony.
Funny how this all occurs right when the fixed income baby boomers are getting ready to retire. Take their good income tax and social security dollars while they work for many years, and pay it back with worthless money when they are too old to do anything about it. Hell, just crank up them presses again Tony, votes cost money. Yehaw! Rope em Cowboy.
Our dollar is now worth about as much real money as a 2005-6 issued Second Mortgage Note on a home in Cape Coral Fl.
Do not throw the bums out tho.... Indict them!... Convict them and then put them into their new For Profit Privatized Prisons. Good and fitting way to retire them. Seems fair enough.... when you think about it.
Bush tax cuts brought record amounts of money into the federal government. The bureaucrats then went on a spending spree (whether it be through susidization of defense contracters, other nations, farmers, the poor, the old, gays, faux climatologists, special interest, campaign financers, pork barrell projects that the bureaucrats profit from, incumbancy protection, crony capitalism ect.)
Government is everything that is wrong with this country. Istead of giving back the record revenues the tax cuts brought in to the very people that pay them, the bureaucrats spent it for their own self interest and personal gain. It's time for secession. This kind of despotism has to stop. Where is our generation's Sons of Liberty? Where is our civil disobedience? Where is our Boston Tea Party?
One big problem is that Government has become a full time for profit occupation. Too many players lacking common ethics come in and out of Washington via Wall St., and then go back and forth as profits their own personal agendas.
We ought to have a mandatory 5 year sit out period for mid and high level secretaries and managers who work for government and their then subsequent employment as lobbyists and corporate hacks when they leave the Washington D.C., State Governments, and all Court Benches.
Look at how hard some of these fools want to privatize government programs. Strange but profitable bedfellows eh?
Where is the voice of dissent these days? ...Freedom is never Free.
Bush tax cuts brought record amounts of money into the federal government. The bureaucrats then went on a spending spree (whether it be through susidization of defense contracters, other nations, farmers, the poor, the old, gays, faux climatologists, special interest, campaign financers, pork barrell projects that the bureaucrats profit from, incumbancy protection, crony capitalism ect.)
Government is everything that is wrong with this country. Istead of giving back the record revenues the tax cuts brought in to the very people that pay them, the bureaucrats spent it for their own self interest and personal gain. It's time for secession. This kind of despotism has to stop. Where is our generation's Sons of Liberty? Where is our civil disobedience? Where is our Boston Tea Party?
Ever heard of Ron Paul? Nope that was that "crazy" old "racist" from Texas... The mainstream media was not about to let his message of radically smaller government and the elimination of personal income taxes get out...
Of course the "craziest" idea is that our money be once again backed by gold, not just worthless paper. God forbid that we eliminate inflation and the price of everything stops going up year after year. That would be disastrous....?!?
Ever heard of double taxation? It is unconstitutional and therefore illegal....UNLESS you tax people on artificial inflation created capital gains. This is another way how our government distorts reality. (Say, the Federal Reserve and Treasury).
By letting the FED print Fiat money (more dollars) it sends more dollars chasing the same amount of goods. That causes inflation and when you sell your home for a profit, how many of those dollars are actually real monetary gain (profit) and how much of it is inflated and less valuable dollars.... taxable dollars?
All capital gains taxes should first be indexed for inflation...BUT who indexes?... CPI? CPI is another fraud story. We all know that the cost of our day to day purchases have are not up more than 2-3% per year, right?
When ya deal with Banana Republicans, ya gets a slippery slope.
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