28 September 2008

To be or not to b-ailout Woozy Henry Paulson

Emergency Economic Stabilization Act (EESA also referred to as loco essay) is in my humble opinion a rushed attempt at saving pensions, jobs and the jobs that the majority love to bitch about. Why save the ship when we can save ourselves and let the shit sink.

Buffet, on 60 Minutes, and John Paulson, in the Wall Street Journal, tried to explain that this could be done better. From the right (shy of the mark) or left (in the cold) this document I believe is too socialist for my tax bracket, let alone my fear of Freedom to Fascism being less than a day away with the BBC article noted that the US Admin. wanted "a deal to be announced before markets in Asia opened" ...tomorrow ...today... yesterday?

There must be a better way than buying all the jerk off bad investments to re-capitalize the markets. The only thing I would support is funding an attempt to steer this monetary system off the highway and finance a sustainable revolution.

Does the U.S. really need to go down like this? Didn't we pay enough yet? Can we instead subsidize a health care industry that would allow the Golden Generation to really have what they were promised? Can our government break the chains of big business or does it make a deal that we all need to carry more weight?

If we can agree that a government should support a social service, be it preservation, conservation, or sustaining our resources, the pressure to take care of everything will be spread out over the whole country and allow each one of us to step up and do our part. That is something I'm willing to take on.

If we are plunged into astronomical, undefinable and mind boggling debt, the pensions and potential for change will be undermined once again and maybe beyond help from the U.S. people or economy.

Pray for dissent on the LOCO ESSAY. Otherwise our hammers will not be used to fix the rocking chairs but to keep everyone in line, be it for soup or for US Monetary System Support.

See that money can be used in a good or bad way, even if the intention is for good.