Comments on: Bailing Out a Big Gamble http://blog.psaonline.org/2008/03/18/bailing-out-a-big-gamble/ Wed, 08 Feb 2012 08:45:45 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Across the Aisle » Obama’s “trickle-down… look-the-other way” economics http://blog.psaonline.org/2008/03/18/bailing-out-a-big-gamble/comment-page-1/#comment-2116756 Across the Aisle » Obama’s “trickle-down… look-the-other way” economics Sun, 18 Oct 2009 18:40:34 +0000 http://blog.psaonline.org/2008/03/18/bailing-out-a-big-gamble/#comment-2116756 [...] I wrote back in March of 2008, I’m not necessarily against the original bailout, but it should have been accompanied by a [...] [...] I wrote back in March of 2008, I’m not necessarily against the original bailout, but it should have been accompanied by a [...]

]]> By: Don Terry http://blog.psaonline.org/2008/03/18/bailing-out-a-big-gamble/comment-page-1/#comment-1271442 Don Terry Mon, 22 Sep 2008 23:47:28 +0000 http://blog.psaonline.org/2008/03/18/bailing-out-a-big-gamble/#comment-1271442 I am in agreement to a point. I am not so outraged at people being thrown out of their houses. It is wrong that I, as well as my kids, my grand kids, and more than likely my Great Grand kids will have to pay higher taxes for the rest of our lives. It is stupid that this is happening. We has US citizens will be stupid if we let this government bail out pass. Why do I, as well as future generations to come, as well as all the other taxpayers have to bail these people out? I pay my bills. Its hard to do at times, but my wife and I find a way to raise our kids have a “not comfortable” good life. We are not to the point, as other are by having to justify not paying the bills in order to buy gas for work, or groceries to feed the kids. We could have been lumped into the several thousand of land or housing speculators, but we were raised up by our parents to not over budget. In other words not to live beyond our means. Grand Maw said it best. “If it looks like the best thing since sliced bread, look closer, it’s just plain old bread on the inside.” So now instead of being rewarded for doing the right thing, we are severely penalized. It would be great to wake up tomorrow and find out that the government has paid off my mortgage, credit cards, car payments, school loans, and while they were at it, add a million or so to the kids college funds. I saw it happened here in North Georgia when the snow birds (ie; Floridians/Dam Yankee’s) found out about the peaceful life we had here. Land went from $600 to $28,000 per acres in a few short years. The retirees flocked here in droves. As well as, the influx of land speculators was phenomenal. Now as it stands, most everyone that is born here cannot afford to live here. Most are forced to move off to a more suitable working environment, or stay here and drudge out a life by living in a week, by week existence. I’m sick to death at the form of government we have. Its not only the Bush administration, but the US Government as a whole has been going down the drain for a long time. Just a thought, it sure would be a good time for the south to look into secession again. Yours Truly, Don Terry I am in agreement to a point. I am not so outraged at people being thrown out of their houses. It is wrong that I, as well as my kids, my grand kids, and more than likely my Great Grand kids will have to pay higher taxes for the rest of our lives. It is stupid that this is happening. We has US citizens will be stupid if we let this government bail out pass. Why do I, as well as future generations to come, as well as all the other taxpayers have to bail these people out? I pay my bills. Its hard to do at times, but my wife and I find a way to raise our kids have a “not comfortable” good life. We are not to the point, as other are by having to justify not paying the bills in order to buy gas for work, or groceries to feed the kids. We could have been lumped into the several thousand of land or housing speculators, but we were raised up by our parents to not over budget. In other words not to live beyond our means. Grand Maw said it best. “If it looks like the best thing since sliced bread, look closer, it’s just plain old bread on the inside.” So now instead of being rewarded for doing the right thing, we are severely penalized. It would be great to wake up tomorrow and find out that the government has paid off my mortgage, credit cards, car payments, school loans, and while they were at it, add a million or so to the kids college funds.

I saw it happened here in North Georgia when the snow birds (ie; Floridians/Dam Yankee’s) found out about the peaceful life we had here. Land went from $600 to $28,000 per acres in a few short years. The retirees flocked here in droves. As well as, the influx of land speculators was phenomenal. Now as it stands, most everyone that is born here cannot afford to live here. Most are forced to move off to a more suitable working environment, or stay here and drudge out a life by living in a week, by week existence.

I’m sick to death at the form of government we have. Its not only the Bush administration, but the US Government as a whole has been going down the drain for a long time.

Just a thought, it sure would be a good time for the south to look into secession again.

Yours Truly,
Don Terry

]]> By: Steve http://blog.psaonline.org/2008/03/18/bailing-out-a-big-gamble/comment-page-1/#comment-746896 Steve Tue, 18 Mar 2008 17:22:16 +0000 http://blog.psaonline.org/2008/03/18/bailing-out-a-big-gamble/#comment-746896 Yes I am outraged. What about the people that are being thrown out of their homes, and I'm not talking about the scum that just buy and flip properties to make a quick buck and drive up the prices of homes so normal working people can't afford to buy them. It's no wonder all this is such a mess. I think it all boils down to this, it's about trying to get something for nothing. Trying to make money off of money. Well the buck has to stop somewhere. I don't think these bail outs should be taking place. Some correction is needed. Let the markets take care of themselves with adjustments. Personally I don't think we would be paying so much for things (food, gas, clothing, etc.) if it were not for the speculators driving up the prices. It seems when the speculators ruin one thing by driving up the price too high they start looking for something else to trash (Oil is a real good example of their handy work). Yes I am outraged. What about the people that are being thrown out of their homes, and I’m not talking about the scum that just buy and flip properties to make a quick buck and drive up the prices of homes so normal working people can’t afford to buy them. It’s no wonder all this is such a mess. I think it all boils down to this, it’s about trying to get something for nothing. Trying to make money off of money. Well the buck has to stop somewhere. I don’t think these bail outs should be taking place. Some correction is needed. Let the markets take care of themselves with adjustments. Personally I don’t think we would be paying so much for things (food, gas, clothing, etc.) if it were not for the speculators driving up the prices. It seems when the speculators ruin one thing by driving up the price too high they start looking for something else to trash (Oil is a real good example of their handy work).

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