Wake Up America (814 hits)
Category: PoliticsRating: 0.31 on 47 reviews (Rate this item) (V)
Submitted by OminousFate (View user info) at 2008-10-09 15:08:33 EDT
Realistically, listen to all of your political pandering on this website and countless others. None of it means anything to the politicians. They don't give a damn about you or anyone else. They'll sell you anything you want to hear to get elected. I find myself in a world surrounded by people too disadvantaged and lazy to think for themselves. Otherwise, they could be severely lacking in their critical thinking abilities. Before I continue, I don't support either party of American government, although I do, sadly, reside in this country that elected the jackass who's single-handedly ruined our economy.
Consider this for a brief moment. After effectively ruining Texas's economy, our grand people making up the United States population elected the very person with these failed economic policies. Not only this, our republican gives him vast amounts of power to screw the general American public. Not only do you elect him the first time, you re-elect him to a second term. Anyone who voted for Bush the second time really needs to have a complete attitude adjustment. What about the first time? Well who the fuck wanted Gore anyway? However, it is still the American public's fault for being naïve enough to believe that GW could lead a national economy into prosperity after obvious, futile attempts running Texas. Thanks America, for being such dumb asses!
Invasion of Iraq was merely a sham, disguised under using the American military to infiltrate Iraq and remove weapons of mass destruction. More than five years later, we are still occupying this country, fighting their civil war for them? There's no reason for this and the last time I checked, we have completed the operation objective's goal of destroying weapons of mass destruction.
If you truly are naïve enough to believe we are destroying our own weapons of mass destruction, then you deserve to live in another Great Depression, brought on by the failed economic policies of the greatest con artist our country has ever seen. Furthermore, take a look around you, look at the gas pump. Everything has gotten worse in the last 8 years, reaching unprecedented levels.
On that note, why is the United States considered the 'responsible' holder of weapons of mass destruction? America has shown nothing but irresponsibility the last 8 years Bush has held office. Has anyone ever considered that our economy would be much better off if we quit invading other countries and trying to tell these people from other cultures how to live their lives? Weapons of mass destruction be damned, it's all a huge hypocrisy utilized as an excuse to control other countries. Why aren't we invading Russia, China or India and destroying their weapons of mass destruction and biological/chemical weapons? Oh wait, they can kick our ass and our economy relies heavily upon imports from two of these countries and we have diplomatic ties to Russia. I would call the age we are in the age of Corporate Imperialism. Corporate greed has taken precedence in American politics.
Why bail out the banks? They put the average American consumer in this situation to begin with by offering shitty loans, without fully disclosing all of the terms of the loan or properly educating the buyer. Instead of providing a bail me out free card, hold them accountable for their actions. Instead, help the every day person by beginning to establish a better educational system, better health care and more renewable energy resources. Specifically in the current post-secondary educational system, students generally are forced to take out vast amounts of loans to pay for their college education. These loans will typically take an average person 20 - 30 years to pay off, dependant on tuition cost and amount of loans taken out by that individual student. Grants are generally only given to those at the poverty level and scholarships can be hard to come by. Instead of wasting money on Iraq and sticking our noses in the asses of other countries political and domestic affairs, why don't we take care of our home front? What's fundamentally wrong with providing decent grants and scholarships to hard working students in middle class America so they can get an education? What about universal healthcare? Canada takes care of their people a lot better than the United States does, manages to spend less money and they aren't facing nearly the economic recession the United States is facing.
Let's not forget, as American economy crumbled, so has the global economy by default. Corporate pandering Pubbies and do nothing Dems, wake the fuck up and actually change America. Quit being the sheep in the herd and start being the Shepherds. It is not the government that should have the control, but the people of America. If you think you have power, you are, quite frankly, a dumb ass. Laws have been made and disguised to control this country. Is this the land of the free? NO! Is this the land of the freedom to be controlled by Corporate America? Certainly! Politicians are nothing more than puppets, controlled by the wealthy to create a world that THEY want to live in.
Obama makes promises without any truly effective plan to implement the ideas behind the promises that he makes. McCain makes promises that can be followed through on, but in the process further rips off the American public. Both of them are incompetent candidates that will be slaves to the current financial crisis which won't be resolved during the next president's term. The next president conceivably may be able to withdraw troops from Iraq and start the beginning stages for repairing Iraq. That's assuming we don't end up in World War 3 and that's what will likely happen if McCain gets elected and invades Iran.
The media in this country caters to stories that will keep people interested and bring them advertisers' money. They promote violence and make people believe whatever they want them to because they know that people are gullible enough to believe what they say, instead of doing their own research and finding out the truth of situations.
Please, I beg of all of you, wake up from coma and see the world for what it really is, instead of the illusional one that the corporate world and it's media partners paint before your eyes, making their thoughts and opinions your reality. Take action and don't be afraid to stand up for the rights you should truly have. One of them is holding the government and corporations accountable for their actions, instead of giving government officials the power to bail their friends out. Wake up America, before it's too late to do anything about it.
User Reviews
Submitted by d_prime (user info) at 2008-10-13 16:34:25 EDT (#)
Ranking: -2
- You name problems we've heard about a jillion times before, that everyone is already aware of.
- Although it's fun to speak as though you're revolutionary and pretend you have a minority opinion and are waking up the ignorant masses, it doesn't change the fact that most people already agree with you.
- The "corporate media" you're bashing says the same fucking thing.
- You offer no alternative advice other than "wake up."
Submitted by d_prime (user info) at 2008-10-13 16:32:29 EDT (#)
Ranking: -2
MAYBE IF IM REALLY BELLIGERENT PEOPLE WILL FORGET THAT WE HEAR ABOUT ALL THESE BELIEFS ALL THE TIME AND IM NOT SAYING ANYTHING INSIGHTFUL
Submitted by metalbeast7 (user info) at 2008-10-10 21:26:37 EDT (#)
Ranking: 2
right on
Submitted by indoninja (user info) at 2008-10-10 13:41:02 EDT (#)
Ranking: 0
Submitted by OminousFate (user info) at 2008-10-10 12:50:25 EDT (#)
Ranking: 0
Indo, it has everything to do with the situation. The whole mismanagement of American economic affairs by the Bush administration is what got us into this situation in the first damn place. Look at the overall picture. Bush bent our economy over and fucked it royally.
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Take away Iraq, and we still have the same fucking mess.
I think Bush did a shti job, but this mess is not his fault, this is one thing where he actually tried to do something good. Maybe he should have done more, but he did try and stop this.
The fact is that too many "poor" people were getting houses, too many middle class people were getting better houses (and great investments), and investors were making too much money for politicians to say "hey slow down' or "stop".
Submitted by OminousFate (user info) at 2008-10-10 12:50:25 EDT (#)
Ranking: 0
Indo, it has everything to do with the situation. The whole mismanagement of American economic affairs by the Bush administration is what got us into this situation in the first damn place. Look at the overall picture. Bush bent our economy over and fucked it royally.
Submitted by OminousFate (user info) at 2008-10-10 12:48:18 EDT (#)
Ranking: 2
Where do you get off telling me I'm copping out from Obama? I dislike Obama just as much as I do McCain. Obama's not 'the answer' or 'savior' he claims to be and McCain? Well he's just another republican with similar idealogies to Bush. I don't support either of them and I feel the entire 2 party system is pure stupidity to begin with. It divides the country in numerous ways when the country should be united under one stance and one set of principles.
Bush proposed things that never got passed. Ultimately, he's responsible for not brokering the right deals. Additionally, as I've said before. He should have never been elected in the first damn place, if anyone had the common sense to realize his failed economic policies in Texas could only carry over on a national level.
Additionally, I don't follow any political agenda and I believe in true independence. We are enslaved to the financial institutions. Stop and listen to what you are saying, for fucks sake. Seriously, they screw us over by bad lending practices and then our tax dollars are going to bail them out for their own bullshit actions? ALRIGHT then, while your at it, why not just give even larger tax cuts to the oil companies and remove taxes on gasoline altogether. Oh wait, that's not a good idea. Neither is spending our tax dollars bailing out the financial industry's irresponsibility.
Submitted by Caulaincourt (user info) at 2008-10-10 09:57:52 EDT (#)
Ranking: 0
markets are still taking a nose dive for like then fifth day in a row.
BUT HEY, LET'S TALK ABOUT IRAN AND IRAK AND THIRD WORLD BEARDED IRRELEVANT PEOPLE!
Submitted by indoninja (user info) at 2008-10-10 08:04:18 EDT (#)
Ranking: -2
Submitted by OminousFate (user info) at 2008-10-09 17:13:03 EDT (#)
Ranking: 2
Bush's economic policies have failed by having a 'hands-off' approach to lending institutions. By failing to regulate the financial system, this has resulted in lost jobs and has created enormous prices for taxpayers. Failure to regulate has created opportunities for predatory lenders who take advantage of the sub-prime credit consumers. Another completely horrible idea by Bush was the attempt to privatize social security. Hands down, that was likely the worst economic idea Bush could have ever thought about presenting.
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You mean the Bush who has been pushing for regulating Fannie May since 03? The Bush who was Told by Barney Frank that Fannie/Freddy were "doing a great job"?
This predatory lending you speak of, you wouldn't mean the ARM lending that Bill Clinton made an alternative for loaning to low medium income famlies (one of fannie/freddy rolse as govt enterprise)? the lending that groups like ACORN fought for?
How is privatizing social seurity a bad idea? The only way it is a bad idea is if people are too stupid to manage their money. Nevermind that it has nothing to do with this crisis.
Bush is a fucktard, but when it comes to the economic problems we have now, he is far from the #1 responsible person.
Submitted by Acarnis (user info) at 2008-10-10 00:08:30 EDT (#)
Ranking: 0
You don't need to come up with more information for me... do it for yourself. Your answer was more of a copout response from Obama's speeches. The answer to everything is not regulation... likewise, the reason for all of Bush's failed economic policies is not "failure to regulate."
I'm not a Republican, myself. I was seeing if you--who apparently views himself as more informed than the average individual--actually knew more of "Bush's economic policy". Bush actually had some positive actions that hurt the economy. (Not just negative actions like the "hands-off approach"--of which, speculation can run wild.)
Submitted by inion_de_trua (user info) at 2008-10-10 00:08:00 EDT (#)
Ranking: 0
also copper.
Submitted by OminousFate (user info) at 2008-10-09 23:09:00 EDT (#)
Ranking: 2
I'm with you on that one Skrap. I really am. Anyone here read up on the esoteric agenda?
Submitted by skrapmetal (user info) at 2008-10-09 17:40:42 EDT (#)
Ranking: 0
Submitted by shitfuck (user info) at 2008-10-09 16:29:53 EDT (#)
Ranking: 0
Maybe tomorrow, maybe next week, but from some of the indicators I've looked at I'm figuring the Dow is lining up for a 1000 point drop in a day. That's just from looking at the technicals.
I'm into fundamentals though, which makes the outlook much more bleak.
Load up on protein rich food and blankets.
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Sell your stocks and buy metals. Steel, brass, and lead.
Submitted by OminousFate (user info) at 2008-10-09 17:13:03 EDT (#)
Ranking: 2
Bush's economic policies have failed by having a 'hands-off' approach to lending institutions. By failing to regulate the financial system, this has resulted in lost jobs and has created enormous prices for taxpayers. Failure to regulate has created opportunities for predatory lenders who take advantage of the sub-prime credit consumers. Another completely horrible idea by Bush was the attempt to privatize social security. Hands down, that was likely the worst economic idea Bush could have ever thought about presenting.
Millions of manufacturing jobs have been lost to Bush's failed policies. With hyperinflation and wage/salary increases not comparable to cover these increases, it's no wonder we are in a state of financial crisis.
These are just a few of my justifications against Bush, I could come up with more information, if you'd like, but you and I both know that's a waste of both of our times. Have a good day :)
Submitted by Lib (user info) at 2008-10-09 16:30:22 EDT (#)
Ranking: 0
They have all my money I am pretty sure they are after my soul now.
Submitted by shitfuck (user info) at 2008-10-09 16:29:53 EDT (#)
Ranking: 0
Maybe tomorrow, maybe next week, but from some of the indicators I've looked at I'm figuring the Dow is lining up for a 1000 point drop in a day. That's just from looking at the technicals.
I'm into fundamentals though, which makes the outlook much more bleak.
Load up on protein rich food and blankets.
Submitted by indoninja (user info) at 2008-10-09 16:26:26 EDT (#)
Ranking: 0
Submitted by OminousFate (user info) at 2008-10-09 16:18:21 EDT (#)
Ranking: 0
Oh I accept some blame for losing 50k in investments, as about $35,000 of that went up in smoke with Enron. I took that as a lesson learned. However, that's got absolutely nothing to do with the fact that Corporate America has fucked up once again and expects Uncle Sam to bail them out with a massive amount of corporate welfare. That's nonsense. They should be responsible in the first place and make decisions right the first time.
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Unless you worked for enron, there is no excuse for that kind of asshattery.
and when you tossed out 50k I got the impression it was from this "crisis".
Submitted by stucker (user info) at 2008-10-09 16:26:19 EDT (#)
Ranking: 0
Holy fuck...are you guys seeing this?
The Dow just hit 8,579. And dropping.
Jesus.
Submitted by indoninja (user info) at 2008-10-09 16:24:14 EDT (#)
Ranking: -2
Submitted by Shlongy (user info) at 2008-10-09 16:18:05 EDT (#)
Ranking: 0
Where should those of us with lots of money in 401k's move our money TO?
You're stuck with the stupid fucking mutual funds that are available to you.
If I'm missing something, I'm sorry, but at least in the THREE 401k's I have, it's stocks or mutual funds. I can't put it into gold and I can't take it out without a 28% penalty.
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I have only had two, and we could move them into money market accounts (not money funds, basically bank account interest), or govt bond funds, actually there were funds based off of those two, or a combination. not going to get rich off of them, but you won't lose money. I though they all did.
I also thought the 50k he was refering to included investments.
Submitted by shitfuck (user info) at 2008-10-09 16:22:16 EDT (#)
Ranking: 0
Shlongy I remember telling you a year ago to take the penalty and go into gold.
That's the thing about the good times though, nobody wants them to end.
And then they just end.
Submitted by stucker (user info) at 2008-10-09 16:21:05 EDT (#)
Ranking: 1
Submitted by Shlongy (user info) at 2008-10-09 16:18:05 EDT (#)
Ranking: 0
Where should those of us with lots of money in 401k's move our money TO?
You're stuck with the stupid fucking mutual funds that are available to you.
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I don't know about you Shlongy but my 401(k) plan allows for money market holdings at about 2% APY.
While that's not a whizbang interest rate, it's better than sweating over what MIGHT happen to it in other places.
Submitted by OminousFate (user info) at 2008-10-09 16:18:21 EDT (#)
Ranking: 0
Oh I accept some blame for losing 50k in investments, as about $35,000 of that went up in smoke with Enron. I took that as a lesson learned. However, that's got absolutely nothing to do with the fact that Corporate America has fucked up once again and expects Uncle Sam to bail them out with a massive amount of corporate welfare. That's nonsense. They should be responsible in the first place and make decisions right the first time.
And to Jimmy, I find it a tad offensive to attack my personal stature and position in society and bit offensive. That's all. The post has absolutely nothing to do with my personal life. I find you to be of no account, since clearly you think typing these rudimentary comments on this relatively minor website is going to affect my real feelings. Oh noes!! What am I gonna do? :O:O:O
Submitted by Shlongy (user info) at 2008-10-09 16:18:05 EDT (#)
Ranking: 0
Where should those of us with lots of money in 401k's move our money TO?
You're stuck with the stupid fucking mutual funds that are available to you.
If I'm missing something, I'm sorry, but at least in the THREE 401k's I have, it's stocks or mutual funds. I can't put it into gold and I can't take it out without a 28% penalty.
Submitted by Acarnis (user info) at 2008-10-09 16:12:30 EDT (#)
Ranking: 0
Submitted by OminousFate (user info) at 2008-10-09 15:47:20 EDT (#)
Ranking: 2
To clarify, I do my own research and I do not look to the media for answers. The government should not be bailing out failing corporations. There's more than one corporation folks and multiple financial institutions. Eradicate corporate welfare and you recover a lot of money that could be spent for better uses.
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From what I understand, many of the financial firms are entangled with each other. I could imagine AIG being very entangled, being a massive insurance company. I don't agree with credit swaps, and I don't think AIG will be using much of them in the future.
How will one recover money from eradicating corporate welfare? Making a profit from the transaction means you'll get more money than avoiding the transaction.
And.. since you're so informed... I'd like to know your opinion on specifically which of Bush's economic policies are to blame for this.
Submitted by TigerLilly (user info) at 2008-10-09 16:10:30 EDT (#)
Ranking: 2
No Comment
Submitted by OminousFate (user info) at 2008-10-09 16:10:06 EDT (#)
Ranking: 0
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Submitted by St_Jimmy (user info) at 2008-10-09 15:56:58 EDT (#)
Ranking: 0
Submitted by OminousFate (user info) at 2008-10-09 15:54:09 EDT (#)
Ranking: 2
Jimmy, if you were supplying me with a long term financial bond or loan, I would expect at least to know the ups and downs of the product you are trying to sell me to allow me to make an informed decision.
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I suppose, but wouldn't it be a wiser move to become an educated consumer before you went shopping, rather than trusting a vendor to tell you everything you need to know?
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That would be a good idea, if only the general public applied it. Most do not and suffer the consequences. However, educating the buyer eliminates this need, ensuring that the borrower understands clearly all aspects and therefore reducing the amount of loan defaults and foreclosures by empowering even the most uneducated person to make a better, well-informed decision. Setting people up to fail later not only hurts the individual, it hurts the lending institution by lost profits. Why not do the job right the first time and offer affordable, fixed rate mortgages the first time around and if the consumer wants an ARM or other risky mortgage loan, educate them on both the positive and negative aspects in a clear, concise manner. Why isn't this done? Greed of making the sale, which later bites the same corporations in the ass.
Submitted by indoninja (user info) at 2008-10-09 16:06:44 EDT (#)
Ranking: -2
Submitted by OminousFate (user info) at 2008-10-09 15:59:39 EDT (#)
Ranking: 0
I'm in management and have been doing so for 7 years, prior to that I was in the Insurance industry. I'm sorry, I should have clarified for your peon, egocentric mind. Call center managers make a fairly decent living, but with the middle class dissolving, there is either wealthy or poor.
Thanks for automatically assuming something about my career which you know nothing about. Enjoyable really to see how pathetically judgmental you really are Jimmy :). Cheers!
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Telling a bunch of part time college kids who solicit people for crap deals to close the sale is what counts for management in today day and age?
What is pathetic is losing 50k, and then not taking any blame.
Submitted by St_Jimmy (user info) at 2008-10-09 16:06:44 EDT (#)
Ranking: 0
Aren't you touchy? Damn, wash the sand out Susan.
For the record, I still find you implausible. So take that!
Submitted by shitfuck (user info) at 2008-10-09 16:06:19 EDT (#)
Ranking: 0
Anyone with half a brain knew this would happen.
If anyone of you lost 50K in investments because of this mess then you fucking deserved it--what did you think? That the US could rely on continued exponential growth and low intrest rates for-fucking-ever? If you had that amount of money, then why the fucking fuck didn't you do your due dilligence? Lazy, stupid, greedy fat bastards.
Sometimes it's hard for me not to grin when I'm watching the DJIA tank. I mean, I like a lot of you yankees, but your fucking government is a puking disaster.
My advice is simple--grab every gun and round of ammunition you can find and go out busting heads.
Start at the top, and ake sure to take yourselves out too.
<3
Submitted by EmissionImpossible (user info) at 2008-10-09 16:00:43 EDT (#)
Ranking: 0
I coulda been a millionaire, Jerry! I coulda been a FRAGRANCE millionaire!"
Submitted by OminousFate (user info) at 2008-10-09 15:59:39 EDT (#)
Ranking: 0
I'm in management and have been doing so for 7 years, prior to that I was in the Insurance industry. I'm sorry, I should have clarified for your peon, egocentric mind. Call center managers make a fairly decent living, but with the middle class dissolving, there is either wealthy or poor.
Thanks for automatically assuming something about my career which you know nothing about. Enjoyable really to see how pathetically judgmental you really are Jimmy :). Cheers!
Submitted by indoninja (user info) at 2008-10-09 15:57:56 EDT (#)
Ranking: -2
Submitted by OminousFate (user info) at 2008-10-09 15:47:20 EDT (#)
Ranking: 2
My 401k is nearly gone because of this and investments practically forgotten about, I've lost in excess of $50,000. It's not the American public's fault that Wall Street is screwed. It's the banks taking part in bad lending practices, as well as incompetent president's failed economic policies.
To clarify, I do my own research and I do not look to the media for answers. The government should not be bailing out failing corporations. There's more than one corporation folks and multiple financial institutions. Eradicate corporate welfare and you recover a lot of money that could be spent for better uses.
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You do your own research and you are 50k down, maybe that should tell you something Kramer.
Submitted by St_Jimmy (user info) at 2008-10-09 15:56:58 EDT (#)
Ranking: 0
Submitted by OminousFate (user info) at 2008-10-09 15:54:09 EDT (#)
Ranking: 2
Jimmy, if you were supplying me with a long term financial bond or loan, I would expect at least to know the ups and downs of the product you are trying to sell me to allow me to make an informed decision.
_________________
I suppose, but wouldn't it be a wiser move to become an educated consumer before you went shopping, rather than trusting a vendor to tell you everything you need to know?
Submitted by St_Jimmy (user info) at 2008-10-09 15:54:36 EDT (#)
Ranking: 0
Submitted by OminousFate (user info) at 2008-10-09 15:27:09 EDT (#)
Ranking: 0
I'm currently at work and I work in a call center
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You work in a call center and you've lost 50k in investments?
That seems implausible.
Submitted by OminousFate (user info) at 2008-10-09 15:54:09 EDT (#)
Ranking: 2
Jimmy, if you were supplying me with a long term financial bond or loan, I would expect at least to know the ups and downs of the product you are trying to sell me to allow me to make an informed decision. Especially if I was an average American who goes by what other people tell me instead of doing my own work. I know precisely the nonsense financial institutions pull, as I've worked in the field for the past 7 years. Corporations have ruined the world. At this point, government in itself might as well be a corporation.
Submitted by FALLEN (user info) at 2008-10-09 15:51:12 EDT (#)
Ranking: 0
I miss the har-har-rabbit.
Submitted by EmissionImpossible (user info) at 2008-10-09 15:50:51 EDT (#)
Ranking: 2
I love America!!
I love President Bush!!
Thank you for bringing democracy to Iraq!!
Submitted by OminousFate (user info) at 2008-10-09 15:47:20 EDT (#)
Ranking: 2
My 401k is nearly gone because of this and investments practically forgotten about, I've lost in excess of $50,000. It's not the American public's fault that Wall Street is screwed. It's the banks taking part in bad lending practices, as well as incompetent president's failed economic policies.
To clarify, I do my own research and I do not look to the media for answers. The government should not be bailing out failing corporations. There's more than one corporation folks and multiple financial institutions. Eradicate corporate welfare and you recover a lot of money that could be spent for better uses.
Submitted by august_sobriquet (user info) at 2008-10-09 15:41:57 EDT (#)
Ranking: 0
but...we won't be safe from terrorists unless we terrorize them first!!!!
BTW, not worth a whole seperate post, but can we all work together and make Ralph Nader wicked cool? seriously.
How do you work this internet thing so that people will believe true things as much as they believe all the crapola floating around?
Submitted by Jeanneee (user info) at 2008-10-09 15:40:43 EDT (#)
Ranking: 0
I'm no big fan of president Bush - in fact, you could say I despise him and would love nothing more than to kick him in the scrote, but how is he single-handedly responsible for the state of the economy? Surely there was at least ONE other factor at play. Surely.
Submitted by St_Jimmy (user info) at 2008-10-09 15:40:36 EDT (#)
Ranking: 0
You seem seem to have a lot of superficial knowledge on a lot of topics. Well done.
I think it's cute how you said banks failed to "properly educate" their customers. So, if you're buying something from me, it's my responsibility to do your homework for you? Interesting idea.
What this really needed was more vague blame directed at the "evil corporations, man". Evil corporations have been messing things up for everyone since the 60s.
Submitted by Shlongy (user info) at 2008-10-09 15:32:52 EDT (#)
Ranking: 0
The bailout's working great so far.
My 401k's are only down about 20k since the bailout.
THANKS, WASHINGTON!!!
Submitted by indoninja (user info) at 2008-10-09 15:31:43 EDT (#)
Ranking: -2
No Comment
Submitted by icarus1987 (user info) at 2008-10-09 15:29:14 EDT (#)
Ranking: 2
Americans are starting to wake up. Before they honestly didn't care. They had their iPods and condos and could afford to be a little stupid. Now they're being evicted from the condos and have to choose between an iPod and groceries for the month.
Submitted by Acarnis (user info) at 2008-10-09 15:27:43 EDT (#)
Ranking: 0
Banks need to be "bailed out" because they give loans to the average person. If the banks fail, average people won't be able to get any more student loans and mortgages at all.
You've also been victim to the media's painting. The media outlets would have you believe that this "bailout" means free money to the banks. Yet AIG is being taken over by the government, and the government should take in a profit from high-interest loans to these firms.
Submitted by skrapmetal (user info) at 2008-10-09 15:27:33 EDT (#)
Ranking: 0
Thank you, Captian Obvious!
Submitted by OminousFate (user info) at 2008-10-09 15:27:09 EDT (#)
Ranking: 0
My apologies for the messiness of this. My goal wasn't to write more as to get the message out. I'm currently at work and I work in a call center, so I keep getting interrupted. I've already noticed about 10 errors on my own, reading back through it and I'm sure others will notice more. I'm not really looking for anyone's approval, but thanks a lot :). My point is to get the message out and hopefully, people will wake up. Realistically, this blog likely won't make a difference.
Submitted by The_Drake (user info) at 2008-10-09 15:17:35 EDT (#)
Ranking: 2
rantish, messy and not very well put together, but I liked it.


