Where’s my bailout?
January 14th, 2010First off, before I even begin this rant, I just want to say my heart goes out to every single person in Haiti. Everyone there is affected, whether they lost someone or not. I’ve seen a lot of footage of the quake and it’s a lot worst than anything I’ve seen in decades. It’s ugly.
I think as people, the best we can do is help Red Cross. They’ve been sending out teams to help. If anyone has any other ideas, let me know.
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Now back to my rant, where’s my bailout? $787 billion spent with OUR tax money and Americans are wondering this. All over the country. President Obama’s popularity is officially under 50% as our economy continues to produce a 10% unemployment rate, with the “real” figure around 17%.
So the rich get bailed out and the Middle Class gets stuck with the bill. The bankers are getting billions in bonuses. Obama’s talking about doing something but he’s shown over and over that he’s all talk and no action. Kind of like Bush saying he’d catch Osama bin Laden. Has Bush caught him?
Obama did bring us the change he promised but he didn’t tell us the catch - it would be for the worst. Wall Street are getting some of the biggest bonuses ever with OUR tax money while 17% of the population is unemployed. Meanwhile, we’re still in two wars (while Obama got himself a Nobel Peace Prize).
I think the best line I’ve heard is from Harvard University’s Niall Ferguson - “If you’re trying to borrow $9 trillion to bail out your financial system and your economy, and already half your public debt is owned by foreigners, it’s not really the conduct of a rising empire is it?”
Scary times ahead folks. This recession ain’t over. If you’re wondering where your bailout is, you’re not alone.
What good does it do to “tell it like it is”? The only ones who seem to be listening are the ones who agree with you. Why aren’t we seeing mass confessions of “Oh we were so wrong!” on every TV screen in America?
I think the vast majority of people hate admitting they were wrong.