More Agressively Put Than You've Seen It Here
Kvatch has been doing a blog for a while now. He is not a fan of the right, in its many forms. He’s a bit more left. He’s also a good writer. Here’s what he thinks about the $700 billion we are about to spend. I find the comments about Democratic Party complicity very interesting. They all seem to be on board for the bail out.
The Crisis du Jour
6 comments:
Dave, many thanks for the link.
I have to admit that I'm still boiling about this bailout, especially since those of us who didn't live beyond our means in the last umpteen years are being treated like chumps. I've got one more form of protest up my sleeve. More on that later...
I shall be on my way to his site...thanks for the heads up.
When the Democrats immediately agreed that what was needed was a "bipartisan solution," that was the first tip off that there was plenty of bipartisan blame to go around.
It isn't like we weren't warned by Greenspan, McCain, Shelby etc over three years ago.
How could we have possibley known that 0 down, interest only, 5 year loans with a baloon note were a bad idea? How could we have known that rolling those into securities was a bad idea?
How could we have known that Sarbanes Oxley would be a knee jerk over reaction with disastrous consequences?
This is what happens when you elect lawyers to run businesses. Nothing against lawyers, but they are about as skilled at running businesses as business owenrs are at practicing law.
wow look at the typos.... happens when you are angry
I finally find myself agreeing with some of this commentary. I would have never thought I would see this group against: 'transfer of wealth', big government, bailout of those who make bad decisions, Sarbox etc.
Could it be however that objection is not to the concepts but to who is practicing them?? Time for some introspection.
There is hope yet.
Post a Comment