Saturday, October 4, 2008

Did Politicians Bailout Wall Street or Main Street?

The bailout is supposed to make "Joe six pack" feel better and be able to get more credit. Joe probably doesn't give a hoot one way or the other as long as his favorite team is on cable and he can also tune in to one of the Mannings on Sunday.

  • It was really cute how O'reilly was about to explode while listening to politician Barney Frank deny that he or his finance committee had anything to do with the implosion on Wall Street.
  • The financial breakdown was all "Bushes fault." The democrats had nothing to do with any of that stuff. Poppy Cock!! If they didn't have anything to do with the financial hole that was dug what the heck are they doing there? Bull rushes!!
  • It seems that a great many of the politicians have spent more time on Wall Street than on Main Street and for the past couple of weeks they have all been fishing in deNile.
  • The bet now is that there are politicians, elected leaders and officials at this very moment trying to conceive ways by which they can carry a bag of that $700,000,000,000.00 home with them and not be noticed.
  • The tax payers are livid and even some non taxpayers are very angry that the black mail was necessary, but we want some answers. How did this misadventure get started? Which government bureaucrat benefited and which one benefited the most? What will be done about it?
  • What is the likelihood that the same or similar scandal will happen again? Who is in place to perform the oversight on the spending of the bailout money? Please do not put the fox in charge of the hen house again. Someone like T. BOONE PICKINGS or WARREN BUFFIT, STEVE WYNN or STEVE JOBS, seems like a good choice.
  • On the news this morning was a story from California whereby the "Governator" Schwarzenegger is asking the government - the government of the other 49 states as well - to bailout California to the tune of some $7,000,000,000.00. That is 1% of the total bailout money. Arnold is smart to get in line first.
  • Is Paulson an idiot or just ignorant? Was it Wall Street greed that caused it? Was it no money down loans? Was it 'political correctness?' Was it Acorn threatening to fill the lobbies of all the lending institutions with "customers" changing pennies to dollars and back again all day every day until they granted the substandard loans? Was it the 'community organizers' or 'community activists?'
  • It is doubtful that 'Joe or JoAnna Six Pack' will ever really know for sure because the Jets are playing Los Angeles or we didn't watch the town hall meeting because Lost was on at the same time. Too bad. History does indeed repeat itself.
Frankie thinks that all of the legal citizens should look forward to voting and prepare themselves by knowing who is seeking the offices and whether they are qualified to do the things this country requires to regain the world status as a leader and not a worldwide policeman or policewoman.

1 comment:

Uncle Markie said...

Mit Romney is the man for the job. He should have been the Republican nominee but the blue dog republicans chose McCain because it was his time. T. Boone would also be good but the liberal mainstream move-on media will cast him as a terrible OIL MAN. Warren Buffet is a liberal Obama supporter that just happens to be rich. He is not much different than Bruce Springsteen or Barbara Streisand. Mit is the man and the only one that can pull us out of the crap the democrats and Wall Street greed has gotten us into. I love your blog and wish to be on your mailing list.