A long time ago, in a galaxy far, far away, Henry Paulson came forward to Congress, demanding $700 Billion Dollars to purchase "toxic mortgage debt".
His first try in the House failed, so Paulson started trying to scare the American Public half to death, with visions of everybody being out of work at once and a large percentage of our homes being foreclosed on, due to the lack of money to lend. So it passed. [I'll let you people go for those stories, thank you].
But now, this week, Henry Paulson comes back, telling us, in effect, "about those toxic mortgages we were going to purchase. Funny story there. You see, we changed the rules on you and put money directly into the banks, so they could give dividends to their shareholders, bonuses to their top executives, and buy up other banks. And, by the way, if they have nothing else to do with their money, maybe there might be a mortgage loan somewhere". I'm paraphrasing, of course. But I believe everything I've said checks out.
Remember that this was originally a 3 page plan which literally forbid any oversight! (Fortunately, that was nipped in the bud).
So I go all the way back to the scare words from the second paragraph. If we aren't buying a single "toxic mortgage", can't we at least prevent "millions of layoffs", if our automotive manufacturers go bankrupt? Paulson says no!
What in the world are they up to? Looting the last dollar in our Treasury before Obama gets inaugurated?
Tuesday, November 18, 2008
Friday, November 7, 2008
I am happy for now, but plan to do more later.
Hello folks,
I have been too busy to update my BLOG for a while. Part of this was that I was doing everything in my power to elect Barack Obama, with the idea that he is the closest thing to my own platform ideas. (Goodness gracious me, I even was paying money to both the Democratic Party and the Barack Obama campaign, as well as knocking on doors to remind people of how important it is to vote). A whole lot of us have been busy, and I fully and freely offer my congratulations on a job well done!
I now express my wholehearted approbations, as well as a pledge of support from the Green Libertarian Party to the Barack Obama presidency. Congratulations, Barack Obama! You ran a wonderful campaign and you deserve this victory.
This is a rather new political party, one that I am only slowly putting out in the limelight. I am not ready to put up a candidate of my own yet. Until then, I will be working with both the Democrats and Republicans to find the common ground that nobody ever thought could have existed. I like to work behind the scenes, being part of the Infrastructure. However, I have my limits. I found one recently during the election season that I had forgotten for much of my life. As a child of 13 in 1966, I had a school friend who had relatives near Detroit, Michigan, at least one of which worked at the Enrico Fermi Atomic Power Plant. In October 5 of that year, there began a major panic relating to the this power plant that turned rather traumatic, especially when it almost melted down.
Even a few years later, in May, 1970, when I was in High School, there was a sodium explosion at that plant!
I expect to get into the debates, mainly on the green side of my party for now, regarding nuclear power. (For example, I was riled up by some republican "talking points" about "safe, clean nuclear power". Unfortunately, it doesn't work that way because there is way too much evidence of where Nuclear Power has been both Dirty and Dangerous. I am sure that everybody knows that, besides the "event" at Three Mile Island in Pennsylvania on March 28, 1979, there was an earlier meltdown in Detroit on October 5, 1966, where we almost lost Detroit.
Comments? Where do we store this stuff forever? How do we deal with shoddy workmanship when the plants are built? What will our great grandchildren look like?
I have been too busy to update my BLOG for a while. Part of this was that I was doing everything in my power to elect Barack Obama, with the idea that he is the closest thing to my own platform ideas. (Goodness gracious me, I even was paying money to both the Democratic Party and the Barack Obama campaign, as well as knocking on doors to remind people of how important it is to vote). A whole lot of us have been busy, and I fully and freely offer my congratulations on a job well done!
I now express my wholehearted approbations, as well as a pledge of support from the Green Libertarian Party to the Barack Obama presidency. Congratulations, Barack Obama! You ran a wonderful campaign and you deserve this victory.
This is a rather new political party, one that I am only slowly putting out in the limelight. I am not ready to put up a candidate of my own yet. Until then, I will be working with both the Democrats and Republicans to find the common ground that nobody ever thought could have existed. I like to work behind the scenes, being part of the Infrastructure. However, I have my limits. I found one recently during the election season that I had forgotten for much of my life. As a child of 13 in 1966, I had a school friend who had relatives near Detroit, Michigan, at least one of which worked at the Enrico Fermi Atomic Power Plant. In October 5 of that year, there began a major panic relating to the this power plant that turned rather traumatic, especially when it almost melted down.
Even a few years later, in May, 1970, when I was in High School, there was a sodium explosion at that plant!
I expect to get into the debates, mainly on the green side of my party for now, regarding nuclear power. (For example, I was riled up by some republican "talking points" about "safe, clean nuclear power". Unfortunately, it doesn't work that way because there is way too much evidence of where Nuclear Power has been both Dirty and Dangerous. I am sure that everybody knows that, besides the "event" at Three Mile Island in Pennsylvania on March 28, 1979, there was an earlier meltdown in Detroit on October 5, 1966, where we almost lost Detroit.
Comments? Where do we store this stuff forever? How do we deal with shoddy workmanship when the plants are built? What will our great grandchildren look like?
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