Showing posts with label Bailout. Show all posts
Showing posts with label Bailout. Show all posts

Tuesday, November 11, 2008

Do I come off as insensitive?


Ok, I'm sick of these bailouts!!!

First of all, the mortgage bailout. When I bought my house I used my head. I didn't overextend myself. And when the slick mortgage salesman said "hey, how about this mortgage where you just pay the interest and never pay on principle?" I laughed at him. Even though I could have bought a bigger house, I'm not gullible. So, why the hell should I be the one to suffer now?? Why is this becoming the standard for America? The people who use their head and who do things right get penalized while the people who know they're taking a gamble and not doing the right thing keep getting bailed out. It's over and done with. It just pisses me off.

So this brings us to the autoworkers. The "Big Three". Hey, guess what? There are more than three auto manufacturers out there.
Why aren't we hearing Toyota and Honda crying and on their knees begging???

Let's look at a few things.

Obama spent election day at the UAW headquarters making phone calls asking people if they voted (for him). Of course, the unions endorsed Obama because, among other things, he's want open voting when workers are voting on unionizing or not. Imagine the harassment and violence that's going to occur when unions don't see names on the sheets once voting begins.

Now that Obama is going to get a green light on every liberal agenda he can think of, the "Big Three" are begging for a bailout. They're out of money. They're out of money because of the unions. Now "we the people" have to bail there asses out. And I don't want to hear shit about the ripples. Just like with the housing industry. If they're producing too much and still charging a premium it's their own fault. Nobody pays the piper anymore for their mistakes. Just the taxpayers.

Toyota has 2 vehicles that are union made. The Tacoma and Corolla. Why isn't Toyota crying??? Why are they not even being mentioned.

The Big Three run network TV adds every commercial break along with sponsor every NFL event out there. They piss money away. I know the commercials aren't the reason for the crisis but guess what? If I don't have money to pay the mortgage I'm not going to go out on a spending spree every day. Common friggin sense!!!

So, Obama is going to make sure we bail out the Big Three. Another entitlement!!

All of you people who voted for Barry really don't get it. He thinks all of America wants his liberal plan pushed through and it's not fair since most of the people who voted for him are not paying any taxes anyway.

Ya know, "natural selection" happens in the business world too. The problem is this country has gotten so use to bailouts it doesn't exist. So when the shit hits the fan and businesses that didn't really deserve to be in business in the first place realize they're screwed without more money, the government has to bail them out again.

Screw that!!!!! This is not Communism, this is not Socialism, this is Capitalism. We need to start acting like it again.

Tuesday, October 14, 2008

Open Questions on the Bailout for Limbaugh, Lynn, Dailykos, and the Democratic Underground or Anybody Else That has the Answers

I've read in numerous sources that Pelosi, Kanjorski, and Frank are planning an emergency bailout session of Congress after the election. The subject being an additional $150 billion in bailout spending.

The question I have is why isn't anybody questioning the $159 billion in pork in the current bailout? Why aren't we stripping that pork to pay for Pelosi's next bailout installment? Why is Barney Frank even involved? That fat fookin cornwad presided over what led to this crisis in the first place. He was supposed to be the watchdog. He wasn't, he was the fox raiding the hen house.

Answers, anyone?

Friday, September 26, 2008

Lou Barletta on the Current Bailout Plan

Give Wall Street more of a workout, not a bailout!!

Barletta says current plan not tough enough!

HAZLETON – U.S. Congressional candidate Hazleton Mayor Lou Barletta issued the following statement about the ongoing economic crisis:
“The current plans on the table in Washington do not accomplish the goals I set out in my statement on Wednesday.
“There is a need for government intervention to correct this problem. However, I am not seeing anything that would strip away the golden parachutes for failing executives. There is no mandated investigative commission to get to the cause of the problem. Finally, the current plan appears to be more of a gift rather than a loan with strict requirements.
“Congress is about to reward financial institutions that think nothing of charging citizens exorbitant penalties for late payments, increasing interest rates for individuals with poor credit, and foreclosing on homes. Those institutions would receive a get-out-of-jail free card with nothing more than a slap on the wrist. These financial institutions are getting far better treatment than they give to their consumers.
“If we are going to fix this problem, we need to give Wall Street more of a workout than a bailout. Congress needs to do more to hold these companies accountable and to learn why they failed to stop the crisis."
“Republicans and Democrats in Washington continue to point fingers at each other and hold press conferences, but the problem remains. This is not acceptable to the American people.”