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daculachick
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9/25/2008
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1:00:59 PM
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 I was just wondering if anyone else out there is concerned about this $700 billion dollar bailout? Our government has really failed us. I bet if my business goes under there won't be anyone to help me and my employees.
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Webmaster
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 Posted - 9/26/2008 : 5:24:13 AM
Thomas Jefferson said:
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that grow up around them will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."
Also:
“I believe that banking institutions are more dangerous to our liberties than standing armies,” wrote Thomas Jefferson. “Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs.”
I don't want to believe what I'm seeing, but it looks like what Thomas Jefferson warned us about is happening today. 
edited by - webmaster on 10/26/08
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bebe
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Posted - 9/26/2008 : 6:36:02 AM
My concern is where the money comes from. Are they just printing more money with nothing to back it up with, therefore making the dollar value drop? Already know our money is backed by foreign money.
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chadparson
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Posted - 9/26/2008 : 11:18:22 AM
I think the real thing we need is to curtail the greed of the American people as a whole. If we would all stop trying to have everything we see and everything we caan't afford - then we would be better off as a whole.
We can blame the banks for making the bad loans, and they should be held accountable for making loans they knew people couldn't afford, but... If we weren't so greedy, trying to have the house we knew we couldn't afford we would not be in this situation.
I think it is time we all started taking some accountability for our own actions, accepting responsibilty, and living with the consequences of those actions, instead of waiting on someone to give us a handout, Whether we are corporate America or John & Jane Doe in Dacula, GA.
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kevsmach
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Posted - 9/29/2008 : 9:58:47 AM
Please watch this 9 min video on You Tube. It will explain what happened with veryfiable facts. You may have to pause it a few times to do your fact check but please watch it.
http://www.youtube.comwatch?v=H5tZc8oH--o
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daculachick
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Posted - 9/29/2008 : 11:00:29 AM
There is enough blame to go to everyone in our government. Kevsmach, I watched the You Tube video. It did mention that Bush tried to warn us in 2003 but the democrats didn't listen. In 2003, both houses were controlled by Republicans so that can't be right. But anyway, the country is in a mess for a lot of reasons.
Edited by - daculachick on 9/29/2008
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bebe
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Posted - 9/29/2008 : 12:20:30 PM
They should title this "America Implodes" Our congress just spent the whole day with monkey business as usual. They are directly responsible for this mess. They could have regulated these things, but instead chose to let it go.
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sure
8 Posts
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Posted - 9/29/2008 : 6:26:18 PM
daculachick, The Republicans did not have a filibuster proof majority. They couldn't do anything that the Democrats were against without a few moderate Democrats voting with them.
It is possible, if Obama is elected, that he will have large enough majorities in both the house and the senate that he can push through anything the Democrats want. Then, two years later, the Republicans will win one or both by a landslide. And the pendulum will continue to swing.
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kevsmach
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Posted - 9/30/2008 : 7:27:46 AM
I am not sure exactly who is at fault and there does seem to plenty of blame to go around. My problem is that Me and apparently many others wonder if the Congress actually understand the problem. If they do not know what the exact problem is how can they find a solution. It looks as if they are taking a "shotgun" approach to it hoping that at least a few of the pellets finds it's mark.
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daculachick
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Posted - 10/2/2008 : 1:49:33 PM
They made $150 billion dollars in additions to the bill to get other members to go along. Our Congress and President are so reckless with our money. We didn't have the original $700 billion dollars and they add more. Do they not understand basic math? If they have to pass it to help the market, please don't add more items (like mental health) to help pass it.
Our kids are going to pay for the idiots running this country.  (our congress are clowns!)
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Webmaster
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Posted - 10/15/2008 : 4:20:09 PM
@daculachick - Some members of Congress were threatened with marshall law if they didn't pass the bill. http://www.youtube.com/watch?v=pOlYa0G0erg
@chadparson - IMHO the problem is not greedy Americans, it's human nature. Sure, some people are greedy, but that's not the main cause of this crisis. Steve Forbes blames the Fed: http://www.youtube.com/watch?v=GFxZDTAXEhg
edited by - webmaster on 11/07/08
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daculachick
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Posted - 10/16/2008 : 6:39:10 AM
Webmaster,
I did see that clip on the news. Our government reps should be strong enough to stand up and say no to the bailout. Paulson scares me. He has his own agenda for helping himself and his friends. I plan to clean house when I go vote.
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Webmaster
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Posted - 10/16/2008 : 3:47:40 PM
You and me both, DaculaChick. If they voted for the Bailout, they're out!
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mayordacula
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Posted - 10/16/2008 : 4:51:06 PM
This topic is important as we move forward toward the General Election in November. If you have not yet voted, I urge you to consider what lies ahead if we have a Democratic president, a Democratic controlled House of Representatives and a democratic controlled Senate. Look long and hard at the lack of any checks and balances. Look long an hard at how such an arrangement will affect your pocket book, your job and everything you buy. Don't just listen to sound bites, research and vote for the persons who have the best plan, the best tax program, and supports checks and balances at the federal level.
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HogMountainForever
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Posted - 10/17/2008 : 3:11:59 PM
quote:
Webmaster wrote:
You and me both, DaculaChick. If they voted for the Bailout, they're out!
That would be everyone except John Linder
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HogMountainForever
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Posted - 10/17/2008 : 3:25:23 PM
quote:
mayordacula wrote:
This topic is important as we move forward toward the General Election in November. If you have not yet voted, I urge you to consider what lies ahead if we have a Democratic president, a Democratic controlled House of Representatives and a democratic controlled Senate. Look long and hard at the lack of any checks and balances. Look long an hard at how such an arrangement will affect your pocket book, your job and everything you buy. Don't just listen to sound bites, research and vote for the persons who have the best plan, the best tax program, and supports checks and balances at the federal level. Mr Mayor,
I don't think it actually matters now. Most have already come to the conclusion that Comrade's Obama, Reed, and Pelosi will be in control on 20 January.
Though I am not a fan of McCain and a Libertarian, It just amazes me how people in our nation have fallen for the Obama hype and glory. His economic platform is nothing but Jimmy Carter redux. Remember the economics of Carter with his Liberal legislative branch of the 1970's? Hmmm. Tax increases on those over $250,000, Windfall profits tax, more money for the teachers unions, tax increases on corporations, etc., etc., etc., in for short years by 1980 America has double digit unemployment, gasoline prices higher than today adjusted for inflation, American hostages overseas, a military in dire decay, 31 nations in the world lost to Communism, double digit interest rates, and on and on.
Liberals have never learned that the "rich" may pay more in taxation, but it is you and I that will pay in the long run. Trickle down economics is really the lefts mantra not the rights. Punish achievement and punish the worker who pays by the rules. The wealthy and employers do not pay more, they hire less. The wealthy and employers do not pay more, they lay off. The wealthy and employers do not pay more, they move off shore.
Two best examples, the lefts Buffet and Soros. Both together worth well over 100 billion. Super rich. Sure they will pay more, yeah sure. No, Buffet has just made more millions due to the government bailout, while we the worker paid for it along with our grandkids. Soros? Well, he just maintains his Greek citizenship and avoids US taxation.
There are many groups who talk about end times on 12 December 2012. Being non-religious, I cannot find the fact in the prediction, but if we end up with the Left Wing 3 on 20 January 2009, then by 2012 our country as we know it may just be over.
The 20 year Bush/Clinton Dynasty has placed our nation in the coffin, will Obama and his Comrades be the final nail? We may see.
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The Big Bailout
