Keeping your doors lock keeps an honest man, honest. (An example by a caller — whose father told his children to make sure the doors to the car are locked — via a radio station).
Everyone, young and old, needs some correcting now and then through small nudges and subtle hints or sometimes some kicking and screaming to get the messages through the skulls of the more stubborn, free-willed, liberal-minded radicals thinkers. The capitalist market should be self-correcting.
But without regulation and oversight, greedy men take advantage of the system and find every loophole possible to profit from other interested ‘buyers’ into the market or outside sources of ‘investments’ into scams or frauds. I know. There needs to be more ethically and morally responsible ‘powers’ within what remains of our three branches of government.
Unfortunately, there is no rule book to guide everything or anyone to perfection. There are no parental units who know what is best for their children. There appears to be no more trust among people anymore. I know. Like the umbrella (or parent) company of the federal government, there are bad people (or black sheep in the family), who practice deceiving and lying just to get away with too much ‘free hand outs’.
I don’t like the idea of issuing a ‘blank check’ with the high price of $700 billion. There may be unused portions that go elsewhere to those who participate in this scam, like into the hands of the CEO or by lining the pockets of other pork-bellied goons. A Congressman asked why not start with $150 billion now and assess the situation to find out if this ‘experiment’ works and then proceed to more, expensive ‘blank checks’.
Since the U.S. dollars is already devalued, hypothetically worth $0.50 to every dollar, and if the value of these worthless investments (i.e. mortgage derivatives, et al.) are hypothetically set to $0.80 to every dollar with this ‘bail-out’, it makes no sense to screw the American taxpayers further by selling nothing (at zero dollars ($0.00)), in hopes of gaining something (i.e. more empty air) that would end up costing, hypothetically $1.30 to every dollar, more than if these entities are allowed to fail in a capitalist market.
If the ‘financial bail-out’ proceeds, then consider United States socialist if not communists and right under the noses of the American taxpayers. People cannot (or won’t) work and investors are unwilling (or too damn sick and tired) to lend and the American taxpayers are essentially filling other peoples’ graves with empty air instead of more dirt. The current economic system should just collapse on itself, get ‘rebooted’ and start all over again with an upgraded ‘program’. People won’t learn if they don’t fall flat on their faces. Most get up from a downfall and so should the United States. But there should be no more hold hands for all I care in the world.
Copyright © 2008 by Fluffy von der Flynn. All rights reserved.
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