Joe Palen

Profile

Username:
baseeker
Name:
Joe Palen
Location:
Eugene, OR
Birthday:
06/04
Status:
Married
Job / Career:
Other

Stats

Post Reads:
32,722
Posts:
91
Last Online:
> 30 days ago
View All »

My Friends

> 30 days ago
> 30 days ago
> 30 days ago
> 30 days ago
> 30 days ago
> 30 days ago
> 30 days ago
> 30 days ago

Subscribe

-and You Will Find-

Life & Events > Bailout Blues
 

Bailout Blues

Because I am partly busy and mostly lazy, and have been hung up on this post in the other blog, and since it is still hung up in Congress and still pertinent, I decided to port it over here.

As follows:

Now some of the Republicans in Congress are saying, "well the Democrats have the majority; they could do this themselves if they wanted to". Yeah, great! then they would go into the Tax Tax Spend Spend bit. Our own Congressman is voting against it (again! I think). One commentator said they are voting NO and praying YES, and I can understand that.

As a Democrat, I have a plan. Seriously Folks.

Why don't we just bail them out enough for operating expenses so they will not have to close shop - a small dose of socialism (back just the minimum amount to prevent a catastrophe). Then go out for bids on the mortgage-backed securities - open bidding world wide - see how much they are actually worth on the world market. Capitalism at it's best!

On eBay??-kidding.

Of course this could mean the Chinese would have a big stake in our finances (is that new?).


posted on Oct 2, 2008 10:04 AM ()

Comments:

Any plan is worth considering. I wish the politicians could get over their party affiliations and consider what is best for the country instead of their own power/pocketbooks.
comment by troutbend on Oct 2, 2008 10:17 AM ()

Comment on this article   


91 articles found   [ Previous Article ]  [ Next Article ]  [ First ]  [ Last ]