I Eat Bear

Today I am going to cut to the chase quickly, and many of you may not agree with me (what else is new?).

Simple. Impeach, and bouycott banks.

EGAD man, how could you come to those conclusion with the market up more than 700 points in ten days.

My question to you, is how could you NOT come to those conclusions?

More importantly, just how STUPID do you want them to think we are! You have been played, and you still want more?

And, very quickly, let's get to the point. We have all seen the effects of this bear market. Name me ONE problem that has been FIXED? Oh, you can't? Neither can I.

So,what has happened? And I do intend to look at the for what it is REALLY, not what the politicians and media want you to believe. But, let's briefly ASSUME they are right, about SOMETHING.

And, I am going to be very liberal here, and state the obvious. People took advantage of other people, and gave they mortgages they could not qualify for, let alone afford. And, they did it for GREED!

Anybody disagree with that statement? Please get with me, as I have some land in the deep Atlantic I would like to sell.

Ok, we may have had a housing surplus, we may have had greedy insurers, and we may have people who try to rate the value of things when they could not balance a checkbook of a multi-billionaire. Those are SIDE POINTS.

If it was not for the GREED of making loans to unqualified people, would any of those items have mattered? Ok, maybe, but not near so much.

Ok, why am I on war-path when the market is recovering?

Because if you don't FIX the problem, you are WASTING money to throw money at it. You FIX the problems first, THEN you throw money at it.

Ok, we let things get SO bad, we had no choice but to throw money at it first? Maybe. Even if that is so, could not someone have seen this coming?

Ok, I do try to be fair. George Bush was not the sharpest knife in the drawer. He had a tough job to do. And what EXACTLY, was his administration fighting, almost the whole time? Terrorism. Isn't it possible, this economic crisis is another form of terrorist attack?

So, while he was proactive after the attacks on the World Trade Centers with military action, is it just possible he lost his area of expertise when the economy started it's downward spiral.

And, yes, he started the situation that should outrage taxpayers everywhere. Throwing money at the problem.

Yes, very possibly, throwing enough money at any problem will solve it. That is the problem with the administration today.

Ok, this is the groundwork for more discussion, so I will take a quick BRB, and make a Part 2, so this does not get too long, all at once.

No, I did not get to impeach, or bouycott banks, but I will,,,, I promise!

Comments: View Comments |  Wednesday March 18, 2009