Frustration

[patientrenter]

Republican supporters are impressed by the Republican arguments for spending $700bn; Democrat supporters are impressed by the Democrat arguments for spending $700bn. Most folks continue to vote for the people who want to spend more of their money because the professionals with their hands in our pockets present themselves attractively.

snark: Is there a country out there that enforces a minimum street-savviness standard on the people who want to live there?

[socrattt]

It’s so funny how everyone continues to claim he or she was warning about this situation months ago. The truth is everyone who has been on this board for sometime was preparing for a bubble to burst.

Every politician, corrupt or not (unfortunately I fail to find any that aren’t), is now in a position to be a puppet on a global stage. Every single politician was threatened and I am sure those that didn’t vote on this bill, their respective state will feel some sort of consequence from government for their failure to vote yes.

Here is an interesting thought. for every educated citizen who is against this bill there are another 5 people who could care less what happens because they really have no clue and don’t really follow our economy (but they do watch TV). Sure they might be on unemployment or they know a few people that lost their homes, but in reality they are out of touch with what is going on.

I have been probing many of my friends on this economic situation and it always ends up on the topic of how bad Bush was and how great Obama will be. Those I would expect to be educated on what is currently going on in our government are completely opposite and still in their little bubble of Democrat vs. Republican. I get so frustrated myself that people can be so ignorant to where we are at, yet there is little we can do. We can complain, write letters, make phone calls, fly a plane over PB with a sign, but none of that works anymore. The educated, successful citizen that strived to make an honest living and make the world around us a better place seem to be the ones who will end up sacrificing the most. Pretty sad how that works, but as they say the good guys never win!

[socrattt]

It’s so funny how everyone continues to claim he or she was warning about this situation months ago. The truth is everyone who has been on this board for sometime was preparing for a bubble to burst.

Every politician, corrupt or not (unfortunately I fail to find any that aren’t), is now in a position to be a puppet on a global stage. Every single politician was threatened and I am sure those that didn’t vote on this bill, their respective state will feel some sort of consequence from government for their failure to vote yes.

Here is an interesting thought. for every educated citizen who is against this bill there are another 5 people who could care less what happens because they really have no clue and don’t really follow our economy (but they do watch TV). Sure they might be on unemployment or they know a few people that lost their homes, but in reality they are out of touch with what is going on.

I have been probing many of my friends on this economic situation and it always ends up on the topic of how bad Bush was and how great Obama will be. Those I would expect to be educated on what is currently going on in our government are completely opposite and still in their little bubble of Democrat vs. Republican. I get so frustrated myself that people can be so ignorant to where we are at, yet there is little we can do. We can complain, write letters, make phone calls, fly a plane over PB with a sign, but none of that works anymore. The educated, successful citizen that strived to make an honest living and make the world around us a better place seem to be the ones who will end up sacrificing the most. Pretty sad how that works, but as they say the good guys never win!

[socrattt]

It’s so funny how everyone continues to claim he or she was warning about this situation months ago. The truth is everyone who has been on this board for sometime was preparing for a bubble to burst.

Every politician, corrupt or not (unfortunately I fail to find any that aren’t), is now in a position to be a puppet on a global stage. Every single politician was threatened and I am sure those that didn’t vote on this bill, their respective state will feel some sort of consequence from government for their failure to vote yes.

Here is an interesting thought. for every educated citizen who is against this bill there are another 5 people who could care less what happens because they really have no clue and don’t really follow our economy (but they do watch TV). Sure they might be on unemployment or they know a few people that lost their homes, but in reality they are out of touch with what is going on.

I have been probing many of my friends on this economic situation and it always ends up on the topic of how bad Bush was and how great Obama will be. Those I would expect to be educated on what is currently going on in our government are completely opposite and still in their little bubble of Democrat vs. Republican. I get so frustrated myself that people can be so ignorant to where we are at, yet there is little we can do. We can complain, write letters, make phone calls, fly a plane over PB with a sign, but none of that works anymore. The educated, successful citizen that strived to make an honest living and make the world around us a better place seem to be the ones who will end up sacrificing the most. Pretty sad how that works, but as they say the good guys never win!

[socrattt]

It’s so funny how everyone continues to claim he or she was warning about this situation months ago. The truth is everyone who has been on this board for sometime was preparing for a bubble to burst.

Every politician, corrupt or not (unfortunately I fail to find any that aren’t), is now in a position to be a puppet on a global stage. Every single politician was threatened and I am sure those that didn’t vote on this bill, their respective state will feel some sort of consequence from government for their failure to vote yes.

Here is an interesting thought. for every educated citizen who is against this bill there are another 5 people who could care less what happens because they really have no clue and don’t really follow our economy (but they do watch TV). Sure they might be on unemployment or they know a few people that lost their homes, but in reality they are out of touch with what is going on.

I have been probing many of my friends on this economic situation and it always ends up on the topic of how bad Bush was and how great Obama will be. Those I would expect to be educated on what is currently going on in our government are completely opposite and still in their little bubble of Democrat vs. Republican. I get so frustrated myself that people can be so ignorant to where we are at, yet there is little we can do. We can complain, write letters, make phone calls, fly a plane over PB with a sign, but none of that works anymore. The educated, successful citizen that strived to make an honest living and make the world around us a better place seem to be the ones who will end up sacrificing the most. Pretty sad how that works, but as they say the good guys never win!

[socrattt]

It’s so funny how everyone continues to claim he or she was warning about this situation months ago. The truth is everyone who has been on this board for sometime was preparing for a bubble to burst.

Every politician, corrupt or not (unfortunately I fail to find any that aren’t), is now in a position to be a puppet on a global stage. Every single politician was threatened and I am sure those that didn’t vote on this bill, their respective state will feel some sort of consequence from government for their failure to vote yes.

Here is an interesting thought. for every educated citizen who is against this bill there are another 5 people who could care less what happens because they really have no clue and don’t really follow our economy (but they do watch TV). Sure they might be on unemployment or they know a few people that lost their homes, but in reality they are out of touch with what is going on.

I have been probing many of my friends on this economic situation and it always ends up on the topic of how bad Bush was and how great Obama will be. Those I would expect to be educated on what is currently going on in our government are completely opposite and still in their little bubble of Democrat vs. Republican. I get so frustrated myself that people can be so ignorant to where we are at, yet there is little we can do. We can complain, write letters, make phone calls, fly a plane over PB with a sign, but none of that works anymore. The educated, successful citizen that strived to make an honest living and make the world around us a better place seem to be the ones who will end up sacrificing the most. Pretty sad how that works, but as they say the good guys never win!

[TheBreeze]

Here is an interesting thought. for every educated citizen who is against this bill there are another 5 people who could care less what happens because they really have no clue and don’t really follow our economy (but they do watch TV). Sure they might be on unemployment or they know a few people that lost their homes, but in reality they are out of touch with what is going on.

Yeah, I was talking to a guy at work the other day and somehow the subject of the bailout came up. He’s in customer service and is a nice enough guy, but he had only heard of the bailout because it was talked about on the evening news.

In the course of the conversation, it came up that he had bought a $380,000 condo and he told me it was now worth $280,000. He said he planned to continue paying his mortgage. It was apparent by our conversation that he had no idea how much the $100,000 loss really was. I’m sure it’s more than twice his annual salary, but he was totally oblivious to the hole he had dug himself into.

These are the people our government is trying to “save”. People who should have never gotten credit in the first place and who will never get credit again in a free market. The only way this guy will ever get a mortgage again is if the government guarantees it. That would be disastrous for our economy and way-of-life, but I’m afraid that is where we are headed because, as you said, there are more clueless McGoos out there than there are educated citizens who at least have some understanding of capitalism and finance.

[TheBreeze]

Here is an interesting thought. for every educated citizen who is against this bill there are another 5 people who could care less what happens because they really have no clue and don’t really follow our economy (but they do watch TV). Sure they might be on unemployment or they know a few people that lost their homes, but in reality they are out of touch with what is going on.

Yeah, I was talking to a guy at work the other day and somehow the subject of the bailout came up. He’s in customer service and is a nice enough guy, but he had only heard of the bailout because it was talked about on the evening news.

In the course of the conversation, it came up that he had bought a $380,000 condo and he told me it was now worth $280,000. He said he planned to continue paying his mortgage. It was apparent by our conversation that he had no idea how much the $100,000 loss really was. I’m sure it’s more than twice his annual salary, but he was totally oblivious to the hole he had dug himself into.

These are the people our government is trying to “save”. People who should have never gotten credit in the first place and who will never get credit again in a free market. The only way this guy will ever get a mortgage again is if the government guarantees it. That would be disastrous for our economy and way-of-life, but I’m afraid that is where we are headed because, as you said, there are more clueless McGoos out there than there are educated citizens who at least have some understanding of capitalism and finance.

[TheBreeze]

Here is an interesting thought. for every educated citizen who is against this bill there are another 5 people who could care less what happens because they really have no clue and don’t really follow our economy (but they do watch TV). Sure they might be on unemployment or they know a few people that lost their homes, but in reality they are out of touch with what is going on.

Yeah, I was talking to a guy at work the other day and somehow the subject of the bailout came up. He’s in customer service and is a nice enough guy, but he had only heard of the bailout because it was talked about on the evening news.

In the course of the conversation, it came up that he had bought a $380,000 condo and he told me it was now worth $280,000. He said he planned to continue paying his mortgage. It was apparent by our conversation that he had no idea how much the $100,000 loss really was. I’m sure it’s more than twice his annual salary, but he was totally oblivious to the hole he had dug himself into.

These are the people our government is trying to “save”. People who should have never gotten credit in the first place and who will never get credit again in a free market. The only way this guy will ever get a mortgage again is if the government guarantees it. That would be disastrous for our economy and way-of-life, but I’m afraid that is where we are headed because, as you said, there are more clueless McGoos out there than there are educated citizens who at least have some understanding of capitalism and finance.

[TheBreeze]

Here is an interesting thought. for every educated citizen who is against this bill there are another 5 people who could care less what happens because they really have no clue and don’t really follow our economy (but they do watch TV). Sure they might be on unemployment or they know a few people that lost their homes, but in reality they are out of touch with what is going on.

Yeah, I was talking to a guy at work the other day and somehow the subject of the bailout came up. He’s in customer service and is a nice enough guy, but he had only heard of the bailout because it was talked about on the evening news.

In the course of the conversation, it came up that he had bought a $380,000 condo and he told me it was now worth $280,000. He said he planned to continue paying his mortgage. It was apparent by our conversation that he had no idea how much the $100,000 loss really was. I’m sure it’s more than twice his annual salary, but he was totally oblivious to the hole he had dug himself into.

These are the people our government is trying to “save”. People who should have never gotten credit in the first place and who will never get credit again in a free market. The only way this guy will ever get a mortgage again is if the government guarantees it. That would be disastrous for our economy and way-of-life, but I’m afraid that is where we are headed because, as you said, there are more clueless McGoos out there than there are educated citizens who at least have some understanding of capitalism and finance.

[TheBreeze]

Here is an interesting thought. for every educated citizen who is against this bill there are another 5 people who could care less what happens because they really have no clue and don’t really follow our economy (but they do watch TV). Sure they might be on unemployment or they know a few people that lost their homes, but in reality they are out of touch with what is going on.

Yeah, I was talking to a guy at work the other day and somehow the subject of the bailout came up. He’s in customer service and is a nice enough guy, but he had only heard of the bailout because it was talked about on the evening news.

In the course of the conversation, it came up that he had bought a $380,000 condo and he told me it was now worth $280,000. He said he planned to continue paying his mortgage. It was apparent by our conversation that he had no idea how much the $100,000 loss really was. I’m sure it’s more than twice his annual salary, but he was totally oblivious to the hole he had dug himself into.

These are the people our government is trying to “save”. People who should have never gotten credit in the first place and who will never get credit again in a free market. The only way this guy will ever get a mortgage again is if the government guarantees it. That would be disastrous for our economy and way-of-life, but I’m afraid that is where we are headed because, as you said, there are more clueless McGoos out there than there are educated citizens who at least have some understanding of capitalism and finance.

[mike92104]

I don’t think that government backed loans are a problem by themselves, and things would be fine if the bubble hadn’t occurred. I think a lot of the programs are good ideas, and generally do promote stability in lower income families. Remember here in SoCal it seems you need to make at least 80k just to get by with some decent standard of living, and the ability to save for retirement. If there hadn’t been a bubble, the homes would have held their value, and the banks would have been able to recover their costs without the government stepping in.

[mike92104]

I don’t think that government backed loans are a problem by themselves, and things would be fine if the bubble hadn’t occurred. I think a lot of the programs are good ideas, and generally do promote stability in lower income families. Remember here in SoCal it seems you need to make at least 80k just to get by with some decent standard of living, and the ability to save for retirement. If there hadn’t been a bubble, the homes would have held their value, and the banks would have been able to recover their costs without the government stepping in.

[mike92104]

I don’t think that government backed loans are a problem by themselves, and things would be fine if the bubble hadn’t occurred. I think a lot of the programs are good ideas, and generally do promote stability in lower income families. Remember here in SoCal it seems you need to make at least 80k just to get by with some decent standard of living, and the ability to save for retirement. If there hadn’t been a bubble, the homes would have held their value, and the banks would have been able to recover their costs without the government stepping in.

[mike92104]

I don’t think that government backed loans are a problem by themselves, and things would be fine if the bubble hadn’t occurred. I think a lot of the programs are good ideas, and generally do promote stability in lower income families. Remember here in SoCal it seems you need to make at least 80k just to get by with some decent standard of living, and the ability to save for retirement. If there hadn’t been a bubble, the homes would have held their value, and the banks would have been able to recover their costs without the government stepping in.

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