More and more over the past few weeks, the topic of the economic bailout has been at the forefront of the news. The more the government promises, the more companies hold out their hands saying “gimme”. And during this whole game, homeowners who can’t pay their mortgages are crying out that it’s not their fault and they need help and it’s the lenders who caused their problems – and what’s worse is that the government is saying “okay” and granting the ability to refinance at lower interest rates and bailing out mortgage companies. When will people and businesses accept responsibility for their own actions and bad choices, and take the blame for the consequences onto themselves where it belongs?
Archive for the “Government” Category
Posts related to government, either that of the United States or any other nation with topics worth discussing.
Nov 12 2008
Nov 06 2008
I was very disappointed to wake up yesterday morning to find that Proposition 8 had passed in California the previous night. And not only that, but Arizona and Florida passed similar movements as well. Proposition 8 having been passed, now has amended the California state constitution to effectively ban same-sex marriage and define a marriage as only between a man and a woman. Though I don’t know the details of the similar constitutional bans that were passed in Arizona and Florida, they’re just as frustrating to think about. I just don’t see how people can be so hateful.
Today is the big day – Election Day 2008. People are turning out in record numbers. More voters have taken advantage of early voting than in the past, and even more are lined up at the moment ready to cast their vote for their favorite of the presidential candidates. By tonight the next President of the United States will be announced. McCain offers up his years of experience, but Obama offers change. It’s Republican vs. Democrat and it makes me sick. Why don’t we just call it what it is? American vs. American. Instead of actually talking about the issues and making real progress in this country, we just compete against each other and try to come out on top. And that’s exactly why I’m not voting this year.
The 2008 Vice Presidential debate was on tonight. The “first and only” of such debates as the moderator described it. And after watching the first 30 minutes of it, I can’t tell you how glad I am that it won’t be happening again. I got so frustrated with how the “debate” was proceeding that I actually turned it off and left my apartment to take a walk, and when I came home and turned it back on the first thing I heard was Sarah Palin talking about nuc-u-lar weapons. The word is NUCLEAR. What is it about this word that seems to be difficult for both her and our current grammatically challenged president? If you can’t say it, you shouldn’t have the power to enact it.
I won’t pretend to know a lot about the semantics of the American economy (as was evidenced by my C in my grad level economics course), but anyone who’s paying attention can see that the banking industry isn’t doing so well lately. One of the largest banks in the world, CitiGroup, has been laying off thousands of employees a year for multiple years now after claiming billions of dollars worth of loss in the last quarter of 2007. This is just one example. Anyone remember the scene in Mary Poppins when the kids caused a run on the bank and everyone demanded their money back because they didn’t feel like their money was safe? I’m just about ready to go demand all my tuppence.