Seriously? (Part:1)
Posted in Change, Society, culture, life on October 2nd, 2008
Alright folks, so as much as I’ve attempted to avoid this I really just can’t anymore. I’m not drawing a line and picking a candidate yet because…..well frankly the guy that I liked didn’t get in, so right now i’m still riding the fence for eh, the next 30days or so. However, when i see absolute stupidity/incompetency or where I might notice things that literally and utterly confound and perplex me I just can’t sit on and act like they don’t exist.
1st) I’ve been reading over a lot of really interesting blogs lately trying to broaden my perspective on this bailout i’ve pretty much come to the conclusion that this bailout for the most part is garbage. What they (the government) are doing is basically rescuing all of the companies and organizations that made terrible, and risky decisions way back when the housing market was booming. You know what that is? It’s me asking everyone in my building complex (it’s about 1000 of us) to give me $1,000 so I can clear out my debit after i’ve gone out and financed a $150,000 classic car that I was going to restore and turn around to sell for $200k……well I couldn’t sell that car because the market for it dried up and now I cannot afford the note……what do you think those people’s responses would be?
Don’t get me wrong I’m fully aware that this is indeed a bailout of the American economy. And that If banks continue to feel the pressure that that are currently have/do then they will continue to pull back on lending, the economy will become extremely stagnant and the ripple effect from that will be enormous. But it still doesn’t make me feel any better that i’ll be carrying on my back the price tag for their bad decisions.
Michael DeVault said it best
This meltdown has already inflicted its damage. If you have a decent credit score and your 20 percent downpayment, you’ll still get your new mortgage. If you have a good pay history on your credit cards and a job, you’ll still be able to get your ultra-HD Big Screen T.V. on 180-days Same As Cash at your friendly neighborhood Best Buy.
If, however, you’re a meth-addicted crack whore working a minimum wage job at McDonald’s with a 325 credit rating (and let’s face it, if you have a pulse, you score a 300), then guess what: no, sweetheart, you will not be able to buy your $450,000 McMansion in Tuscan Hills Estates.
2nd) That debate tonight……a small child would’ve been able to identify not only who was in control but who got butchered who wasn’t, and who came out the clear victor. Although, why in the heck did this get so much press?? I honestly couldn’t care less about what the vice presidents views are, no matter how powerful that office is it is subordinate to the west wing.
B.Price
