usvi-on-line
I Can't Take It Any Longer!!
I Can't Take It Any Longer!!
O.K.......Bail Out Solution?????? BS! They want to give 700 BILLION dollars to the same people who got us in this financial mess to begin with??? I don't think so....thye should be penalizing them...
Here's a better (not to mention less expensive) way to solve the financial situation. Give all of us Americans a milliion dollars each, and we will pay off our houses (thereby solving the housing issues), stimulate the economy by buying stuff, and then putting some of the money in our banks, relieving the bankers of their bad loans.
The only down side, there would be a lot of us on Island all the the time...at the same time!!
_Bert...liking the KISS rule....
Here's a better (not to mention less expensive) way to solve the financial situation. Give all of us Americans a milliion dollars each, and we will pay off our houses (thereby solving the housing issues), stimulate the economy by buying stuff, and then putting some of the money in our banks, relieving the bankers of their bad loans.
The only down side, there would be a lot of us on Island all the the time...at the same time!!
_Bert...liking the KISS rule....
The liver is evil, it must be punished!
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chicagoans
- Posts: 1586
- Joined: Thu Jan 18, 2007 2:51 pm
- Location: IL
Hey Bert, too bad the government already tried something like that with the 'economic stimulus' check, that they had to borrow money to send out! (I don't know anyone who got one anyway. What's with that?)
I loved this SNL sketch: "Don't Buy Stuff You Cannot Afford!" Couldn't find the whole skit but here's a clip
http://www.youtube.com/watch?v=jHySLKrc ... re=related
Pretty simple but unfortunately most Americans don't seem to get it! And of course, we're all going to pay for that.
I loved this SNL sketch: "Don't Buy Stuff You Cannot Afford!" Couldn't find the whole skit but here's a clip
http://www.youtube.com/watch?v=jHySLKrc ... re=related
Pretty simple but unfortunately most Americans don't seem to get it! And of course, we're all going to pay for that.
I just saw a bit of news, where Oprah's mother is being sued by a high end fashion store because she has fallen behind on her monthly credit payments. SHE is counter-suing them for giving her such a high credit limit in the first place! WT#@%!
This is exactly one example of the millions of situations that have put the citizens of this country in hardship!
I don't mean that people that use credit cards are doing it all wrong,(some people need it to put food on their table). But you know some stupid court will probably rule in her favor. I would love to buy a pair of shoes that cost more than a mortgage payment, but I CAN"T AFFORD THAT!
I'm done. Thanks for reading my vent!
This is exactly one example of the millions of situations that have put the citizens of this country in hardship!
I don't mean that people that use credit cards are doing it all wrong,(some people need it to put food on their table). But you know some stupid court will probably rule in her favor. I would love to buy a pair of shoes that cost more than a mortgage payment, but I CAN"T AFFORD THAT!
I'm done. Thanks for reading my vent!
"The cure for anything is salt water: sweat, tears or the sea." -Isak Dinesen
My husband and I are obsessed with this election and bailout.
We have watched Hannity & Colmes instead of the fall season television premiers.
We have laughed & cringed along with Lou Dobbs over dinner.
We have become slaves to MSNBC, CNN, FoxNews, etc.
He has already made up his mind but I'm still on the fence.
Obama, as a democrat, represents most of my basic political opinions as I tend to lean left. But he has never made a good impression on me and there are too many reasons why to go into right now.
Mcain is a republican. In most cases, republicans scare me. But, I belive what he says. His honesty is refreshing and rare and he admits when he has been wrong and he answers questions with "yes" or "no".
I feel like I need Prozac. Or better yet, a tub-o'-Bushwackers!
We have watched Hannity & Colmes instead of the fall season television premiers.
We have laughed & cringed along with Lou Dobbs over dinner.
We have become slaves to MSNBC, CNN, FoxNews, etc.
He has already made up his mind but I'm still on the fence.
Obama, as a democrat, represents most of my basic political opinions as I tend to lean left. But he has never made a good impression on me and there are too many reasons why to go into right now.
Mcain is a republican. In most cases, republicans scare me. But, I belive what he says. His honesty is refreshing and rare and he admits when he has been wrong and he answers questions with "yes" or "no".
I feel like I need Prozac. Or better yet, a tub-o'-Bushwackers!
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piscesgirl0314
- Posts: 598
- Joined: Thu Sep 25, 2008 12:31 pm
- Location: Chesapeake, VA
CariBert I like your idea...
Cass I totally agree with you...my husband and I have been pretty good with our finances...bought a modest home and each drive vehicles that are paid for...we have been smart with our money and save any extra so we can take a nice vacation with our daughter...our priorities are different from a lot of other people...my question is...Why can't Oprah bail her mother out????? WHATS UP WITH THAT???? I can't believe she has the NERVE to take the credit card company to court...how about a little SELF CONTROL...ridiculous...unfortunately I think we live in a very OVER indulgent society and until that changes I think we are going to continue seeing our economy fail...
Cass I totally agree with you...my husband and I have been pretty good with our finances...bought a modest home and each drive vehicles that are paid for...we have been smart with our money and save any extra so we can take a nice vacation with our daughter...our priorities are different from a lot of other people...my question is...Why can't Oprah bail her mother out????? WHATS UP WITH THAT???? I can't believe she has the NERVE to take the credit card company to court...how about a little SELF CONTROL...ridiculous...unfortunately I think we live in a very OVER indulgent society and until that changes I think we are going to continue seeing our economy fail...
I have made up my mind. I won't lie and say it wasn't painful, because I don't really like and/or believe in either candidate. I put more thought into this election than I ever have in my life. Of course, that's probably because I feel like we all have more to lose these days.
I don't know what's going to happen to our country, and I am very, very worried. There have been many times in the past few months where I have thought about canceling my trip. It seems foolish to spend thousands of dollars on a vacation when there's no telling how long I will have a job. But, the plane ticket is purchased and the villa is reserved (albeit I hesitated for quite a while before that happened this time). So I'm just going to go and really enjoy myself, just in case it's a while before I get back.
I don't agree with all of the bailout. I don't think it's our problem that the banking industry offered mortgages to people who couldn't pay. In fact, a few years ago I looked at houses and had been pre-approved for a mortgage, but when I really crunched the numbers, realized that the "dream" of home ownership was not yet to be mine. Just because a mortgage company pre-approved me, that didn't mean I really had the money to own a house. People used to rent and scrimp and save until they could afford a house -- what happened to those days? It was a hard lesson for me to learn with offers of credit on every corner, but you just don't buy what you can't afford.
As a Detroiter and the daughter of an autoworker, I do think we should give the American automakers money to develop alternative fuel vehicles. It solves the problem of our dependence on foreign oil and maybe might rebuild a great American city that has been left for dead. But, I'll be the first to admit I am highly biased on that issue. It just makes me sad that Detroit is nothing more than a concrete jungle these days.
I don't know what's going to happen to our country, and I am very, very worried. There have been many times in the past few months where I have thought about canceling my trip. It seems foolish to spend thousands of dollars on a vacation when there's no telling how long I will have a job. But, the plane ticket is purchased and the villa is reserved (albeit I hesitated for quite a while before that happened this time). So I'm just going to go and really enjoy myself, just in case it's a while before I get back.
I don't agree with all of the bailout. I don't think it's our problem that the banking industry offered mortgages to people who couldn't pay. In fact, a few years ago I looked at houses and had been pre-approved for a mortgage, but when I really crunched the numbers, realized that the "dream" of home ownership was not yet to be mine. Just because a mortgage company pre-approved me, that didn't mean I really had the money to own a house. People used to rent and scrimp and save until they could afford a house -- what happened to those days? It was a hard lesson for me to learn with offers of credit on every corner, but you just don't buy what you can't afford.
As a Detroiter and the daughter of an autoworker, I do think we should give the American automakers money to develop alternative fuel vehicles. It solves the problem of our dependence on foreign oil and maybe might rebuild a great American city that has been left for dead. But, I'll be the first to admit I am highly biased on that issue. It just makes me sad that Detroit is nothing more than a concrete jungle these days.
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piscesgirl0314
- Posts: 598
- Joined: Thu Sep 25, 2008 12:31 pm
- Location: Chesapeake, VA
I don't know how to even begin to solve the country's economic problems (but surely FDR left a play book somewhere for someone to follow). I have no ideas. But it seems silly to leave Detroit for dead when they have people who are willing to create vehicles to get us off fuel -- as long as they have money to develop the technologies because they are so much more expensive. We've got to invest a little in our people. I have faith that Detroit can get the job done, but the auto industry has been hurting for a really long time...piscesgirl0314 wrote:LuLu76, my dad retired from GM about two years ago...being a Michigan native, I too am biased...I agree with you 150% when you say we need to give the automakers money for alternative fuel as well...drilling off shores is a band aid on a HUGE problem...
I'm kinda tired of all this bailout crap. The same people who always scream "socialism" whenever there's a plan to help people who really need it are now standing there with their collective hands out.
I think the same rules should apply. It's not up to the rest of us to prop you up when you make poor business decisions. There's nobody there to bail out small businesses when they fail. You will see lots of lawyers, bankers and realtors hovering like vultures to get what little is left. I do feel bad for most of the mortgage holders, but there are many who are just as responsible for being in over their head.
In a true capitalist society there is no such thing as a bailout. If you look at our track record on bailouts, it isn't so good. We've bailed out Chrysler, Amtrak, the airlines, the S&L's etc..where did it get us? Is Amtrak anywhere near solvency? Chrysler is in need of another bailout. You can't afford to fly the airlines and looky here...the bankers are back for another round.
If we keep bailing folks out, where is the deterrent to other folks who might have bad business ideas. This $700 billion dollar plan equals $1944 for every man woman and child in this country. We can't afford corporate welfare...that's socialism!
Just my two cents...
I think the same rules should apply. It's not up to the rest of us to prop you up when you make poor business decisions. There's nobody there to bail out small businesses when they fail. You will see lots of lawyers, bankers and realtors hovering like vultures to get what little is left. I do feel bad for most of the mortgage holders, but there are many who are just as responsible for being in over their head.
In a true capitalist society there is no such thing as a bailout. If you look at our track record on bailouts, it isn't so good. We've bailed out Chrysler, Amtrak, the airlines, the S&L's etc..where did it get us? Is Amtrak anywhere near solvency? Chrysler is in need of another bailout. You can't afford to fly the airlines and looky here...the bankers are back for another round.
If we keep bailing folks out, where is the deterrent to other folks who might have bad business ideas. This $700 billion dollar plan equals $1944 for every man woman and child in this country. We can't afford corporate welfare...that's socialism!
Just my two cents...
I'm actually interested to see some of the information/views posted here. I'm 31 and most of my circle of friends are between 24-40. I can't believe how many of them decided to buy huge houses on a 40,000/yr income simply because they could get approved for the loan. When we went to buy our house three years ago, we got approved for three times as much as what we actually paid. Yes, my house isn't huge like some of my friends, but I knew what we could afford, we have no credit card debt, only one very small car payment and the majority of my friends are living on credit because they refuse to live within their means. I think that is a huge problem in this country and contributes to greater problems.
Like someone said, some have to use credit cards at times of struggle in their lives just to survive. That's totally different.
When I look at voting for Obama, I do believe he would make programs available to many of the indigent. However, I'm a social worker and surrounded by those people and I see on a daily basis, how many of them could be working and absolutely refuse to do so. Do I want things given to them simply because they are choosing not to work? No! There are people who truly do need more assistance, but usually, they are the ones making do with what they have.
I'll be up front and say, I'm not completely thrilled with either candidate, but for numerous reasons will be voting Republican on this election unless something comes about in the next few weeks.
If anyone who is voting for Obama would like to tell me specific reasons, I would be happy to hear them. I know several people who are voting that way, but when I ask why, they just say because we need a change. That's not a good enough answer for me.
I don't judge anyone for their beliefs or view points, but I do like to have discussions that are respectful!
Thanks!
Nicolle
Like someone said, some have to use credit cards at times of struggle in their lives just to survive. That's totally different.
When I look at voting for Obama, I do believe he would make programs available to many of the indigent. However, I'm a social worker and surrounded by those people and I see on a daily basis, how many of them could be working and absolutely refuse to do so. Do I want things given to them simply because they are choosing not to work? No! There are people who truly do need more assistance, but usually, they are the ones making do with what they have.
I'll be up front and say, I'm not completely thrilled with either candidate, but for numerous reasons will be voting Republican on this election unless something comes about in the next few weeks.
If anyone who is voting for Obama would like to tell me specific reasons, I would be happy to hear them. I know several people who are voting that way, but when I ask why, they just say because we need a change. That's not a good enough answer for me.
I don't judge anyone for their beliefs or view points, but I do like to have discussions that are respectful!
Thanks!
Nicolle
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chicagoans
- Posts: 1586
- Joined: Thu Jan 18, 2007 2:51 pm
- Location: IL
I couldn't agree more. We have gone from the land of the free to the land of "I want something for free" -- whether it's health care, education, housing, etc. There is such a huge sense of entitlement in this country and a diminishing sense of personal responsibility for the consequences of our actions.Nic in KC wrote:...Do I want things given to them simply because they are choosing not to work? No! ...
I'm still undecided on this election. I'm a bit of a social liberal and a fiscal conservative. I believe our Bill of Rights should come with a Bill of Responsibilities and "No Child Left Behind" should be changed to "No Parents Slacking Off." OK I'll get off my soap box. Suffice to say no candidate ever fits quite right for me. Time to go watch Jib Jab and try to laugh about it all.
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Kathyzhere
- Posts: 527
- Joined: Thu Dec 27, 2007 5:04 pm
- Location: Cape Cod & SW FL
I'm with you. Us social liberals and fiscal conservatives (I like that) are a rare breed indeed. When you try to lump us into one of the parties it's a n uncomfortable fit. It drives single minded people nuts. They can't grasp the concept that there is a middle ground that is full of confusing contradictions. I've been a proponent of a flat tax with no exemptions for a long time. I think the number that Steve Forbes was throwing around was 12%. A person making $20,000 per year would have to pay $2400. That works out to about $43 per week. Everyone wants to scream that it would be unfair to poor people. The "rich" people who, depending who you ask, either pay little or no tax or pay some exhorbinant percentage would also benefit to some degree from a flat tax. I'm sure the treasury would be more than happy to accept the check for 12% of Bill Gates annual take.chicagoans wrote:I'm still undecided on this election. I'm a bit of a social liberal and a fiscal conservative. I believe our Bill of Rights should come with a Bill of Responsibilities and "No Child Left Behind" should be changed to "No Parents Slacking Off."
The place we would really gain ground is in the realm of corporate tax. No more incentives, loopholes or kickbacks. Just pay your percentage like the rest of us and shut up. It would amaze many how fast we could reduce the national debt. If people would learn to live within their means and stop expecting handouts, entitlements and bailouts we would be a lot better off.
I'll stop ranting with one last question. How can we justify $700 billion dollars to bail out a bunch of people who should have known better? Imagine how many kids we could send to college with $700 billion dollars?
As far as the election goes....either way we're screwed!