« The Truth About Barack And His Shady Associates | Main | Political Stunt? Hardly........ »
September 22, 2008
America Is Not A Socialist Country….Yet…..
But if we allow this Wall Street bailout to happen, we will be well on our way to it.
The entire notion of welfare, especially for companies that screwed themselves is appalling. I’m not a fan of it for people either. It has a nasty habit of enslaving the recipient and making them even weaker than they were before the ‘cure’ while making sure that that very cure will always be needed.
You don’t cure heroin addiction by giving the addict more heroin anymore than you cure stupidity and greed be making it easier and less painful for the greedy morons to do it again. It is supposed to be painful. When something is painful we remember it and do our best to not make the same mistake again.
When something is easy, and you know that there is a simple way out, especially one that doesn’t hold you personally responsible …..tell me again what the downside for the perpetrators is?
Who suffers because of the financial irresponsibility of these CEO’s and government officials and investors? Why,the American people of course. …
First because they invested in companies that were not practicing good business and secondly as taxpayers if our government is weak enough to give in and bail Wall Street out.
It’s as simple as that….
Now, am I a financial genius? Hardly, I have made some really stupid [in hindsight of course] financial moves that really, really hurt….but I am smart enough to know that you should look before you invest and you don’t invest in a market that has all the maturity and foresight of a 7th grader .
And folks…..that’s exactly what the stock market has been for the last couple of years at least.
When a market can be ruined over night by mere rumors…then you know that a whole lot of people that shouldn’t be investing in that very market are.
And, as for the banks?
Stop calling your customers you yutzes. Sweet Jesus, if I hear from either of my banks one more time I will pull my money out and scare the crap out of them for a change. How’s that?
And the calls are always the same…although I must admit to messing with them a little as payback now. They begin very politely by telling you that there is no problem. And then they ask “Are you happy with us?”
Now, because frankly I am sick of the calls and the inherent weakness they imply, I ask “As compared to who or what?”
There is always a dead pause………….
We in America are in a free market….and that means free to fail if you don’t do a good job. It’s called evolution…think of this whole meltdown as the business version of the Darwin awards.
It sucks but it will pass. We will survive, a little less free with our cash and a lot more savvy I hope. But we will survive this. And hopefully we will learn from it.
What next? Are we going to become giant socialist whiners like the Canadians?
Gawd, I can’t stand us already……….
As for capping CEO’S pay….sorry Charlie, but as I already said this is a free market economy and the ultimate cap for salaries is the business going down in flames if they do a bad job.
And hey, does anyone remember any of these present day Wall Street Chicken Little’s screaming about the too-good-to-be-true housing market? No?
Enough said………….
Posted by ChristmasGhost at September 22, 2008 11:54 PM
Useful? Then Digg It.
Trackback Pings
TrackBack URL for this entry:
http://www.christmasghost.com/cgi-bin/mt/mt-t.cgi/160