Steve Forbes is out pushing (I was going to use another “p” word to more precisely define the type of business activity going on here, but I want to keep the blog family friendly) the bogus bailout.
The economy is in “Cardiac Arrest” he says… we need to take emergency measures and THEN do tax cuts, etc.
(I really wonder how that guy knows? I mean really… how does he know? Is it because the price of caviar took a sudden steep rise or something?)
For the last year the poor and middle class have had their budgets painfully eroded by the rising cost of gas, which caused everything else to rise in price and this was due to stock market speculation across the global economy bidding up the futures market.
Rich people – the same elite who are screaming for money today – said “Oh, gas at $4 a gallon is necessary to educate the masses about the need for alternative energy” while they sipped their martinis.
Let’s keep saying “No Way” to the bail out so we can say “Oh, no bailout is necessary in order to educate the elite about the need to stop micromanaging the economy to buy votes and then stick us with the bill” while we chug-a-lug whatever we chug-a-lug.
So where was all the concern for the middle class and the people who read this blog who are trying to build a second income just to get by?
We’ve been hurting quite some time… so why are you only noticing now?
Where was the concern THEN?
If the same goobers Forbes wants to bail out the economy now do so on the back of the tax payer, are these the goobers who are really going to cut taxes like Forbes says are needed for long term economic health? They didn’t care then. They won’t care if we give them their way. They never do.
I noticed at lunch that the cost of crude oil is dropping precisely because the bailout didn’t make it.
THAT’s what we want to see out here in America, Mr. Forbes – we don’t care how many bankers lose their country club memberships or have to give up their Polo Ponies.
I do like some of Forbes words though. At times he makes great sense. I’ll summarize:
1. The government’s to blame on many levels for things getting this bad
2. Anybody could have written a better bill than this one he wants passed so desperately.
3. We’re in this mess in part because the government prints up “funny money” at will.
If these are true… why should we expect that Congress suddenly grew a brain? Or developed some self-control?
If these are true – Why do you want Congress to do MORE OF THE SAME right now? Don’t we have to face reality sometime?
Isn’t this like giving drugs to addicts and making them pledge to use them responsibly?
And what about the Wall Street types?
Lehman Brothers’ kept a couple of billion around just for their bonuses. Let’s see them contribute that to the “cause” if we are all being asked to “pitch in”.
Let’s see the banks commit their $400 B they plan to pay in dividends to the cause. Maybe we need to “claw back” the dividends and perks they’ve been paying these last few years while they were cashing in?
Many questions.
No answers I’ve heard. Just more “Chicken Little” screaming.
But it’s fun to see the hysteria from people like Forbes. It’s really hilarious to see these Washington types in a stew because their lies aren’t going down so smoothly.
Finally they’re beginning to feel the pain the poor and middle class are feeling trying to make ends meet and respond to rising prices on every hand.
How’s it feel?
Rant over.
We work at home types have to get back to trying to build something just to keep ahead of gasoline prices!
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