Thursday, July 16, 2009

the screwed-up-idness of the American financial system.

First, let me start out by saying that since the great Cr. Hunter S. Thompson (peace be upon him) passed by a self inflicted shotgun vblast to the face, i have not made a habit of reading the Liberal Shill that is rolling stone. This is the mag that had Obama on its cover ... god knows how many times during the election often imaged almost as a god. I happened across this article as I checked out one of my regular Net hangouts, Fazed. It is a great piece of investigative journalism, but it misses a few of the important points. I found it interesting for one that this article only found its way to the pages of Rolling Stone when they found a way to pin the economic crisis and bailout on the Republicans. There too is blood on the hands of the Dems. Obama signed bailouts and the Omnibus spending bill that was INCREDIBLY overinflated and beyond the imagination. It is the Liberals (both Ds and Rs" that give the power to make these bubbles and give bailouts to companies. The power to make these mistakes should have never have been intrusted to the federal government and now that they have claimed it will difficult to take it away. The federal government no longer likes to be limited the way it did before FDR and Wilson. If anyone needs a lesson in how bubbles are made see below.


If you want to make a great stride in fixing the drastic economic problems in this country we have to make drastic measures. We MUST end the income tax and cut spending. We Must take away the federal governments blank check to companies. For gods sakes Goldman Sach is not doing better than ever without the bailout money. We MUST END THE FED. allow the god made organic markets to do their job. We must stop interfering in the natural laws of the world. Liberals get that when it comes to global warming but miss it ompletely when it comes to economics. Take a nap on this one Stan. We all know economics is not your strong suit.

4 comments:

  1. I know quite a bit of economics, thank you. And thaks for the shout out, being I am one of the three people that not only read this blog but choose to also comment on it.
    Tell you what, get off your soap box for a minute here and I am going to comment anyways, no matter how much it "pisses you off" because this is America, I do believe I have a right to Free Speech (At least,t at what it says upon the Constitution I said I am still sworn to protect, I believe).

    So, if you can not leave saliva on the member of Ron Paul for a minute here, Not to say He isn't a smart man, but geez your like a one note song with this guy.

    Yes, the spending is out of control and yes, we need economic reform. We all know that. Glad you ranted about like everyone else has. But even you must see that some of the bailouts were almost necessary to keep our country from going from a recession to a depression. No, not all of the bailouts were just and NO, not all made even sense (Since when was AMEX a bank?) but it happened. Mystery money was handed out, some of the smarter companies are getting back on their feet, Life Goes On.
    I swear, the way you people talk about this country you'd swear we were in 1950's Soviet Union....

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  2. Well, Stan, why do you pick and choose what parts of the constitutiopn to protect? The federal government CONSTANTLY oversteps the limitations put on it by the constitution. Where are you defending it then. When the federal government interferes in the lives of Americans with wire tapping and RFID chips in passports, where was your defense of the constitution? When President Bush set up "free speech zones", where was your defense of the constitution? When Obama gave away TRILLIONS of our dollars to companies that rebounded without the money and often refusing it, where was your defense of the constitution then? when we time and time again send troops to war without a declaration of war from the congress, where is you defense of the constitution? Before you talk about me and my soap box perhaps you should come off your military high horse and thing about what you are defending and who you are working for. I am sorry Stan, I don't think you are fighting for the good guys. This country is really not too far from 1950s Soviet Union. We just have more wealth to redistribute so it takes a little longer to fail. But, we can see the failures already. Economic bubbles, erosion of liberty, and power grabbing by the government, all plague our nation and these are symptoms of a looming failure and this once GREAT nation has a long way to fall.

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  3. If you believe I am serving the "Bad guys", then please, by all means, form a militia and bring a form of justice to our government that only you know.

    All aside though, and I am being serious and sincere, no our government isn't perfect, not by any means. It could use some fixing, and no military might will not rise against the government. The South tried that long ago and it didn't work out then and it won't anytime soon. Who do I work for once every so often? I work for an entity that has allowed even high school drop-outs to make it in this world if they are willing to work hard enough. I assist a country where if you really want to, you can be President of it if you work hard enough. If you work hard enough, you can own your own Fotune 500 company, become an Olympic athelete, Senator of a State, open a fast food chain, etc, etc. I happily help a country that gives people the dream to be what ever they choose.
    Not to offend at this section LibertyHound, but all you have really done is complain on a blog. If you do more, you don't document them and I don't know of them, so my apologies if I'm wrong. But you say as if serving ones country fr his beliefs is a "bad" thing. Bold words.

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  4. Yes, we have to end the income tax so I can devote more of my income on my own private desires. I have no intention to provide for the national defense of all these idiots who cut me off on the highway. I',m in a hurry too, you know. My thirty seconds are just as valuable, if not more valuable, than theirs. Let some other military come in and have at them. As long as they don't get me, I'm fine. I'll buy a gun and protect my own stuff, thanks. I'll take them all on. I have no problem with an invading army. I have a pistol. I mean a rifle. No, a bazooka. A bomber. An aircraft carrier...

    Oh, and I have no intention of providing a welfare state for all these lazy jerks who just won't go out and get a job. Unemployed my eye...they're just trying to get us tax payers to pay for their vacation, sitting around the house, watching tv, blogging (no, not blogging, that's what hard working citizens do....). I have never accepted unemployment benefits (well, just for a little while when I was in grad school) or aid to families with dependent children (except for my daughter getting a little hlep while she's in school) and nobody bailed me out or paid for my new car (okay, this one is really true). I shouldn't have to share any of my stuff or income with anyone else.

    Oh, and I really resent the way the government has stomped on my first amendment rights. My speech (and by speech, I mean the right to do what I say I want to do and not do what I say I don't want to do) has been tampered with under the guise of taking responsibility for what I would say (or do...). I can't even use derogatory language in public, but I sure do hear it. Why don't the police come tell all those people playing the music so loud that I can hear it all the way at my house in the middle of the day that they have to shut up? Oh, it makes me so mad. And they way they stop me from saying on the computer whatever I feel like saying (I was just going to use a bad word there, but you know, the computer police...).

    For goodness sake, let's just get rid of a federal government, state government, local government, transfer payments, consumerism, responsibility, kindness, goodness....I WANT IT ALL FOR ME!!!!!

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