Bankruptcy vs. Bailout: Which is Really Better for the Taxpayer
Take, for example, the Big Three Automakers. Since Bush’s Treasury Secretary, working closely with the Pelosi/Reid/Dodd/Frank Congress opened the money spigots earlier this year, all sorts of companies have gotten in line for their cut, including the automakers. Why? Because they are on the verge of bankruptcy and they want to be rescued. Congress has already promised them $25 billion, but the question is whether the automakers and the public would be better served with congressional oversight of GM, Ford and Chrysler, or with the judicial oversight that would come with bankruptcy.
Read the rest of the story here…
The Economy’s Got Me Down
This stupid economic crisis we’re in is not helping me out one bit. It’s put me in a mode of “oh crap what am I going to do now that I have no money!!!” kinda mode.
Here’s the pros and cons of the crap economy:
Cons: I’m running out of cash
Getting people financed on anything is tough as balls, even with good credit
Accounts receivable is getting bigger
Our government is going to a socialistic role
Did I mention I’m running out of cash?
Now the PROs: The stock market WILL go up
We are at the lowest point in the last 30 years, however after the last low the economy bounced back over 40% in the following year or two! Talk about MAJOR good time to invest!!!
It can’t get any worse, I think
I may have a smaller house to clean next year
And cheaper insurance for my cars car
We’ll all realize how stuck up we were and people will be friendlier
I don’t know if the pros outweigh the cons at present, but it’s worth taking a look at to up my spirits. I think I’ll go invest the $10 I have left in my bank account!
Great Quote from ‘ol Albert Einstein
“Any fool can make things bigger, more complex, and more violent. It takes a touch of genius — and a lot of courage — to move in the opposite direction..”
– Albert Einstein
Ron Paul tried to do this through his candidacy for President, namely on the tax code and federal spending.
Why didn’t we support him enough? The politicians have made these things so over-complicated, somehow it sounds like a good idea to add more to it, instead of simplifying government and making things EASIER and CHEAPER for us, the taxpayeres…
McCain to pick Mitt Romney as his running mate?
Got this idea from the New York Times.
It seems like people can’t read past or before the current speech that a candidate makes. We listen to the current sweet talk and fall for it, every time. Every daggum time! That’s why McCain is the Republican candidate.
So, as if one big idiot in office isn’t enough, McCain would be the second big idiot, and he would pick a third big idiot being Romney.
McCain calls Barak a flip-flopper, yet does he even realize how big of a flip-flopper he is???
McCain flip-flopping (contradicting his own statements):
- McCain straight talk?
- John McCain eats his own words
- McCain Flip-Flops On Ethanol
- McCain flip-flops on Social Security Privatization
So, why would we vote for someone like this?
You got me. I’m votin’ Paul.
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@magattacksyou hope you weren't moving when that happened
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money tree! http://twitpic.com/n2uw
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Who's afraid of the big bad wolf?
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@jasontspencer has yet to get his cape or his supername yet, although the cape was introduced a couple episodes ago.
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@jasontspencer Well the green arrow and possibly a couple others have been introduced. They're building up to that, but so far Clark Kent
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Chat soon @q06as, @bmgroup, @turksandcaicos
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no new smallville/ supernatural til jan 15th! mid-season finale? this is ludacris!
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