Economics of Bailout

When I was in college, my economics professor said something I've never forgotten -
"Guns or Butter - can't pay for both" and went on to explain this concept---

The government can pay for war or you can pay for social programs at home. I guess that deficit spending over-rules this wisdom.

There go your children's, grand-children's, great-grand-children's, and possibly your great-great-grand-children's (4 generations so far...) social programs!

Health care? Who can fund that? Retirement benefits? They're gone, too...

Thanks, Bush! Thanks, Congress! You just ruined this country for another 4 generations. It's bad enough where we *were*! But we are SO much worse off now...

Sweeteners

Yeah, right, sweeteners.....

PORK! The other white meat...

I liked what that one person said -

Everytime Bush got up and begged, he lied.

Are we REALLY going to give him 700 *BILLION* dollars?

Democrats vs Republicans

It used to be "Tax and Spend Democrats" and "Fiscally Responsible Republicans"

You could count on Democrats to make government big and Republicans to make it small.

Now, we have the largest tax bill ever, largest deficit ever, and nobody is taking responsibility.

And the current "regime" is proposing we bail out the fat-cats who got us into this mess by their greed.

Right! Like "the people" are responsible.

People who barely live from paycheck to paycheck. People who are one mishap away from homelessness. People who rent, pay for high-priced gas and food, pay their taxes, pay for the government to steal them blind.

HEY! Wheres' the Vaseline! At least you could lube us when you screw us!

McCain "Suspension" and Elections

Let's get this straight - McCain wants to look like a super-responsible adult congressman and suspends his campaign to "fix" the mess - whereby the government owns everyone's homes.

Obama wants to keep going and practice politics as usual.

WAIT a Minute!! This sounds like a perfect opening for Bush, in his "infinite wisdom" to step in and "suspend elections!" Impose Martial Law on the entire Free World! hey - was that the Constitution that I saw going out the window????

McCain - YOU ARE AN ASS!!! You are playing right into his hands! There is NOTHING you could have done that says you disrespect the American people any more than what you just did.

No Government Action can fix this economic mess. Yeah, pass all the "regulations" you want to about CEO pay restrictions - they'll find a way around them. Pass all the "resolutions" you want to about keeping a better eye on the stock market players and banks. Nothing you do will fix this.

As my mother used to say, "You CANNOT legislate morality!!!" Greed is greed. Putting money above God is immoral. It is SIN! Ain't nothin' gonna fix that 'cept redemption. These guys don't believe in God, so that ain't gonna happen, neither.


Let things shake down. The Feds, Banks, politicians and "experts" are all playing God. Let go! Let God put things right. Yeah, there's gonna be some tough times ahead. A lot of people will lose the homes they can't afford to begin with. The credit card companies will see their fees skyrocket. Banks will see a lot of fees. Eventually, everything will come to balance. UNLESS you keep trying to fix it.

Fed Bailouts and Your Home

Did you realize that when the Fed bails out a mortgage portfolio, Your mortgage might be in the mix???

Yeah, that's right, Uncle Sam likely owns your home. How's that for Communisim? Socialism? Take your pick - the government owns it.

They can kick you out of your house.

Think about it....