This bail out that has been proposed by President Bush, Hank Poulsen, and the rest of the Goldman Sachs team they have brought to Washington DC, is TOTALLY BOGUS!!! It is INSANITY!!
Newt Gingrech is 100% right on this issue!
1. Remove onerous regulations that are sitfling Small Business.
2. Repeal Sarbanes-Oxley!
3. Eliminate Capital Gains taxes immediately to encourage market based investment solutions.
4. Pass a REAL ENERGY BILL that encourages drilling and alternative energy developments.
This insane push to SOCIALIZE the Financial Markets is WRONG and WILL NOT SOLVE the problem!
I urge everyone who reads this to Call your Senators and your Representatives NOW and tell them to OPPOSE this BAIL OUT!
Monday, September 22, 2008
Friday, September 19, 2008
Another one bites the dust!!!
The financial sector may be realigning itself after the insanity in the marketplace due to BAD FEDERAL REGULATION, but at least one financial institution is $9300 richer today, as we paid off another student loan, (thereby doing our part to avert the coming crisis in the Student Loan market. Just a little over $10,000 to go and we will be calling Dave Ramsey to tell him we are "Debt Free Except for the House". Coupled with the promotion and raise I just got at work our Federal Tax Refund this year should put us pretty darn close to that mark. Time will tell though for certain this time next year we will be working on our Real Emergency Fund of six months worth of cash. Too bad the Democrats at the helm of Freddie and Fannie could not understand that the only way to remain solvent financially is to be properly capitalized. Perhaps they (Raines, Johnson and Gerellic) will do a better job of running Barrack Obama's campaign coffers. Yikes is he a fool putting those three embezzlers in charge of his money! You know what they say a fool and his money are soon separated. I guess that explains a lot about our current financial crisis as a nation. We are a nation run by of financial fools and socialist idiots! It is sad that Mitt Romney didn't win the Republican's slot I am certain he would have know how to solve these financial situations. Perhaps McCain / Palin will be wise enough to put him in charge of the Treasury Department.
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