Let it go
I’ve had terribly mixed feelings on this whole bailout thing. Personally, I want to keep living my life and making money and enjoying the fruits of being an American. Of blissfully not caring. Of cheap gas and talk about lipstick and pigs and “defeating terror by shopping.” Of anything besides doing my part for the long term health of the Republic.
I wanna live in the same dreamworld my parents got to live in where those who made dire warnings about pretty much anything important (economy, environment, terror networks growing, etc.) were routinely told to shut up while we focused on things like whether religion should be taught as “science.” That and borrowing more money.
I don’t want to live through a depression. I don’t want to be the old guy telling stories about “back in my day” or end up living in a dust bowl five years from now. I don’t wanna walk anywhere or subsist on canned stuff. So part of me thinks whatever we can do to hold it off for like, say the next 50-60 years, the better. So let's put up money we don't have to bail out institutions who haven't been paying attention or whatever. I don't care. Like the Jets picking up Brett Favre, let's try one more time before we have to get serious and rebuild.
However, from a historical and a responsible perspective, I’d just assume see it all go down in flames. I’m glad that bill failed. I think we need it. And perhaps the second time around we won’t forget how we keep coming back to this place. Let’s all take one for the team, for Team America. That way, at least for a generation or so we won’t repeat the mistakes of the last decade where we let an idiot who we somehow thought looked or acted like us and that we’d “like to have a beer with” lead us. It didn’t work out. And now we’re gonna pay for it. For a while. On the plus side, we do have pastors politicizing their pulpits so that’s kind of awesome! Thanks, dickhead.
I have zero interest in bailing out any institution that made the mistake of literally not verifying incomes for those they’d aim to give 30-year mortages. How is that my fault now? I have no interest in buying your “bad debt.” Nor do I understand how this is a good deal for anyone—even them.
This is akin to putting a car payment on a credit card. Oh yeah, and carrying the balance. For a while. Forgot to add that.
Borrowing money from foreign lenders to buy bad loans that really have little chance of ever being paid back. Awesome! Where do I sign up?
None of us would do this with our own money so why are we letting the government do it? And how in god’s name did people not see this coming? Bush, Paulson, Snow, O’Neill? Someone had to wonder why every time I went on the interwebs there were all these crappy little flashing ads telling me I could get a half-million dollar loan for something like $1000 a month. Someone had to have noticed that. It was kind of hard to miss.
And lastly, let me point out the same administration that's telling us "act now or we're doomed" is the same one that told us Iraq was mere days from blowing us all to oblivion only to find out they hadn’t yet made the move from Beta to VHS tapes let alone come close to possessing WMD’s. Whoops.
And now these same people want total control over $700 billion dollars, a number they themselves admit is based on little else besides being “a confidence-inducing number?” You gotta be fucking kidding me. How dumb do you think we are?
Dumb enough to elect Shit for Brains twice. That’s how.