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Today Nancy Pelosi called for a speedy vote so she can go to Rome for a week long trip. Most members of the house and senate have not even reviewed the final bill that will be shoved down our throats. Catapillar announced, contrary to Obama's statement, that there will indeed be more layoffs in spite of this "bailout."
If you are a republican or a democrat, the choice is ours to make to vote these idiots into retirement. Each and every member that voted for this insanity should be removed.
As far as a tax revolt, that is a great idea since Pelosi and others voted themselves a $93,000 a year raise for more flowers and stationary.
Well that didn't work out so well in the last election. Those that voted "yes" to the bailout bill got re-elected. One even got to the top office of the US.
Today Nancy Pelosi called for a speedy vote so she can go to Rome for a week long trip. Most members of the house and senate have not even reviewed the final bill that will be shoved down our throats. Catapillar announced, contrary to Obama's statement, that there will indeed be more layoffs in spite of this "bailout."
If you are a republican or a democrat, the choice is ours to make to vote these idiots into retirement. Each and every member that voted for this insanity should be removed.
As far as a tax revolt, that is a great idea since Pelosi and others voted themselves a $93,000 a year raise for more flowers and stationary.
Congress is broken. It has had unbelivably low approval ratings (Dem and Rep controlled a like), but when you ask voters they say "Oh my representative/senator is not the problem. He/she is great! It is everyone else who is the fool!"
And that is why we are stuck with this for the past 20 years, and it will continue to get worse as partisanship drives everyone away from the center where most Americans are.
At some point it will be better to get rid of your cash and have tangibles with no debt on those tangible (i.e. home). The key there is to be liquid and informed and ready to move.
I'm planning for a more rural existence with a greater chance for more self sustainability. I'm not counting on the government to save us.
Scary thought for the day.......
empty malls utilised as massive homeless shelters, and de facto prisons are the future...... Might as well use them for something, right?
They'd work for nice industrialized homeless shelters. Just think, lock the doors and nobody who is working has to be bothered because its out of sight/out of mind. Centralize services to one place so all the unfortunates without cars won't be left out. What else you do...hmmmm
In the 90's Los Angeles nearly passed a law there a section of the downtown area would become a "homeless zone".
Same year one of the cities in Florida was going to make a camp out of town (read, out of sight of the tourists) to take the homeless where services yada yada. Of course, how do you leave?
Think it can't happen? What happens when you have people not wanting to hang around? Make sure they stay until they can find work? (that doesn't exist) There is a name for that.
Fear-mongering by the media certainly isn't going to help turn things around any sooner!
"Tax revolt"? Get your tea ready again, Boston! Please.
People need to keep living their lives. Not much has changed for my wife and I, honestly. We put a little more in savings each paycheck but we're not behaving much differently. Acting/spending/saving as per normal, if possible, is what's going to turn things around faster than anything, IMO.
But, what do I know?
You're just not seeing the forest for the trees.
The problem with the bad economy is the ripple effect. What impacts the lowest level will ripple up to the highest level. Because business is interdependent on consumer, if one fails, the other will fail. Without business, there are no jobs. Without jobs, there is no income. Without income there is no money to buy the products sold by business. It's a cycle. None are immune.
You could theoretically lose your job. Let's hope not, but the possibility will continue to exist. Unless you're stacking $5000 a month into savings untouched, that will hurt.
In the end it really depends on the numbers. If unemployemnt gets to 12% that means that alot of people will be hurting . If it gets like the 70's recession with that kind of unemployment plus the same per cenatge of inflation that will hurt even those that have a job.Right now those that are upside down with debt and those whpo have lose theiur jobs are hurting but if inflation gets like the 70's that will drasticaslly efect even thye unemployement they get in a big way.Anyone that remember the 70's knopws what i am talking about.
L.A. is set to hit 10% unemployment any day (with no signs of stopping), CA is at what Arnold calls "financial Armageddon" and some 60%-70% of the state's homes purchased in the last 5 or 6 years have Option ARMS due to reset between now and 2012. CA is the world's eighth largest economy and it's right in our own backyard. Actually, it is our backyard and it's turning into a sinkhole.
Obama has just fired our silver bullet. Anybody want to guess the climax and ending of this movie? Unfortunately, "They lived happily ever after" probably isn't it.
You give people food and open up shelters( plenty of closed up warehouses and factories) and there's not much more they can ask for. Thats if they've been on public support for a while. The ones you'd really have to watch out for would be the ones who lose jobs and lose homes they've owned for years. These are the ones used to working and getting what they need, not just asking for what they feel they deserve. You could keep order in a major city with a few hundred or soldiers, but out in the country, forget it. You'd need an army of tens of thousands per state.
That's why I wrote off "Red Dawn" as moronic even if it was supposed to be ridiculous. A bunch of russian and cuban soldiers would be ripped to pieces going up against hunters and disgruntled gun owners, let alone regular US soldiers.
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Might as well use them for something, right?
