It's the Economy Stupid
Obama, McCain to attend economic bailout talks
September 25
By LIZ SIDOTI
WASHINGTON (AP) - John McCain and Barack Obama say presidential politics should have no role in the government's efforts to save the crippled financial system. Yet, each is playing his own politics toward the same goals - showing leadership during crisis, getting credit for any solutions, and, ultimately, winning the presidency.
Read the whole story here.
I have to admit that I don't fully understand all of the details of this economic problem we appear to be in but I do know one thing for sure: I DO NOT WANT MY TAX MONEY BEING USED TO PAY FOR SOME OTHER IDIOT'S HOUSE PAYMENT!
I realize there are a lot of details with regard to the who's and why's in this situation but it seems to me that it comes down to some very basic principles. Some idiots in Congress decided that everyone was entitled to own a home whether they could afford it or not. With this lofty philosophy in mind they went ahead and changed the laws so that crooks in the financial industry could sucker people into loans that they really couldn't afford. Then the crooks soaked the companies and lined their own pockets and now we have a ton of loans that are worthless and can't be repaid.
Here's where my simple mind goes as a result of this situation: A bailout of these crooks and idiots will be like rewarding your children for mis-behaving at home. There MUST be consequences for bad behavior or no one will learn anything from this. The crooks need to see the inside of a penitentiary and the idiots need to lose the homes that they very well knew they couldn't afford. I also pray that the morons in Congress get fired but I won't hold my breathe.
I have heard that if Congress will change the rules that govern how companies must mark down the value of loans this could help those companies get out from under them without forcing taxpayers to foot the bill. Seems to me this is a much better solution than diving head first into the shallow pool of socialism.
I emailed the above opinion
I emailed the above opinion to all three of my federal representatives. Russ Feingold sent the following note within seconds (must be an auto-reply):
From: "Message from Senator Russ Feingold - DO NOT REPLY"
To:
Subject: Thank you for your message
Date: Thu, 25 Sep 2008 09:36:56 -0400Dear friend,Thank you for taking the time to e-mail me and let me know your thoughts on matters of concern to you. Hearing from Wisconsinites is my most important source of information and one of the things I enjoy most about my job.Constituents who have included their name, e-mail address, and mailing address in their message will receive a response from me addressing the issues raised. If you did not include an e-mail and mailing address, I encourage you to resend your original message with this information (visit http://feingold.senate.gov/contact.html to resubmit your contact information and message). At this time, I am only able to respond to e-mails that are sent individually, not to mass-generated e-mails. However, the views expressed in any mass-generated e-mail that includes a Wisconsin address will be recorded.If you have a time sensitive question, please feel free to contact one of my offices by calling one of the numbers listed below.Thank you for writing me, I look forward to hearing from you on other issues of importance to you.Sincerely,Russell D. Feingold
United States Senator506 HART SENATE OFFICE BUILDING
WASHINGTON DC 20510-4904
PH) 202-224-5323
TDD) 202-224-12801600 ASPEN COMMONS
ROOM 100
MIDDLETON WI 53562-3506
PH) 608-828-1200
TDD) 608-828-1215425 STATE STREET ROOM
225 LACROSSE WI 54601-3341
PH) 608-782-5585517 E WISCONSIN AVE
#408
MILWAUKEE WI 53202-4504
PH) 414-276-7282401 5TH STREET
ROOM 410
WAUSAU WI 54403
PH) 715-848-56601640 MAIN STREET
GREEN BAY WI 54302-7508
PH) 920-465-7508Here's how Ron Kind's
Here's how Ron Kind's auto-reply responded:
From: "Congressman Ron Kind"
To:
Subject: Re: Your recent email.
Date: Thu, 25 Sep 2008 10:12:03 -0400Thank you for e-mailing me your thoughts and comments. It is important that I know the views of my fellow Wisconsinites so I can carry out my responsibilities in the United States Congress.I appreciate hearing from you, and I look forward to considering your comments further. I will respond more fully to your email as soon as possible.Sincerely,Congressman Ron KindPost new comment