I truly cannot believe the political and media circus surrounding the proposed economic bailout.
I've had a lot of time on my hands during the past few days, and I've watched a lot of CNN and MSNBC. Not to mention CSPAN. On Monday I got the second series of cortisone shots in my lower back, and I was on bedrest for several days. I thought I'd be napping and watching a few Netflix films, but the circus on the news stations was just too compelling to turn off.
I need to mention: I usually don't sit and watch the news.
I thought that Lou Dobbs and Jack Cafferty were going to burst some blood vessels, expressing their respective outrage. I'm glad that someone in the public eye is outraged.
When I heard that John McCain suspended his campaign, my first thought was: WHAT A CAMPAIGN PLOY! He's starting to lag in the polls, so this will give him some momentum. Oh, doesn't he look "Presidential" dropping his "unimportant" election campaign, cancelling Friday's debate, and rushing back to to Washington -- to do what -- totally screw up the proceedings! Then he blows off David Letterman, opting instead to take an interview with Katie Couric. Oh, how I enjoyed watching Letterman rip him last night! I really hope that McCain's kneejerk reaction will cost him votes.
And yes, why doesn't he just send Sarah Palin to debate in his place? Or better yet, change around the debate schedule, so that the VICE PRESIDENTIAL debate takes place tomorrow night! Oh, what a fun night of TV viewing that would be. Personally, I believe that McCain is trying to make it impossible for Palin to debate. I think he's afraid of what she would say. If Friday's Presidential debate is cancelled (a travesty IMO), then they will have less time to hold 3 Presidential debates (necessary to declare a winner of 2-out-of-3), so the next logical decison would be to cancel the Vice Presidential debate, which is much less important. Well...it's less important unless you were looking forward to Sarah Palin making a fool of herself on international TV.
Speaking of Sarah Palin....didn't you just LOVE the way that the President of Pakistan practically jumped out of his pants, gushing that Sarah Palin was "more gorgeous in person" and wanting to hug her? Hell, let's just nominate the next Penthouse Pet to be Vice President! Then all the male world leaders can be pussy whipped into submission, and world dominance would be ours!
But, I digress...
The bailiout. Or as George W calls it, "the rescue." I don't totally agree with this bailout stuff, but frankly -- like many Americans -- I'm not an economics expert. I'm perplexed that Obama is agreeing that some sort of plan must be drafted. I would like to hear more objections from him, or at least a sentence beginning with "I do not agree that the Federal Government should get involved with private business failures, but...."
I have a plan: let the greedy unethical corporations go down. Save the corporations and programs that will affect the little guy. Of course, there's no easy way to do that, so I suppose some sort of blanket plan must be drafted. I kept hoping to hear Obama say something along the lines of "This is bullshit," but I suppose he walks a slippery slope on this huge issue.
What really bothers me about this whole thing is that it is predicated on fear. I haven't heard one single economics expert explain EXACTLY what could LOGICALLY happen if no plan were enacted. Surely, among all the highly educated experts in this country, SOMEONE can draw up a flow chart that is more specific than "...many banks will fail, perhaps some in your town." Don't you just love the way that George W dumbed down his speech? Now children, Daddy knows best, so I'll put it in a way you're going to understand....
Yes, I understand. Nobody was watching the store. George W, can you please explain WHY nobody was watching the store, instead of merely telling us that now we're really in a pickle? I swear, it's like a Paddy Chafesky story!
Did you see the footage of Paulson from March 2008, stating that the economy was sound? How about the footage George W stating the same thing in July 2008? Are these guys total morons, or are they just backpeddling? How could they have not known that a crisis like this could be looming? When Bear Stearns, AIG, Lehman Brothers, Fannie Mae and Freddie Mac got into trouble, you think they'd have said, somwhere along the line MONTHS ago, "Gee, this really has potential for trouble, maybe we should do something about this now?" Instead they waited until they could whip Wall Street into a frenzy.
My husband has joked, on many occassions, that George W Bush is really working for Al Qaeda to ruin this country. I always chuckled at his comment, but lately I'm beginning to think he may be right.
Taking a cue from Paddy Chafesky, let's all open our windows, and yell at the top of our lungs, "I'm mad as hell and I'm not going to take it anymore!"
On second thought, instead of yelling it from our windows, let's yell it from the voting booths on November 4th. Let's elect Barack Obama in a landslide victory.
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