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| Some of my biggest disconnects I have with people on a daily basis
is due to whether we trust the mainstream media as being politically neutral.
When two people get their news from two different sources,
they're bound to come with different opinions no matter how thoroughly
they analyze the facts coming from those sources.
Here we go again.
This time it's SNL.
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| Last time I checked, there was a verbal brawl at the White House where Bush wanted Pelosi, Reed, McCain, Obama, and more to come to a bipartisan agreement on this bailout. Rush says Obama started the whole snafu. But you be the judge of that.
The Democrats don't want to be solely blamed on a bailout that's costing more than the The Iraq War if it goes horribly wrong, so they need the Republicans to share the responsibility with (who they'll assign blame later anyway).
I'm not a Republican, and not sure what their "alternative" to the bailout is. It's not doing nothing like the mainstream media would have you believe. Don't have the whole history of this bailout straight, but Republican Pres Bush has a key role in this too.
Clearly the financial markets are in trouble, and a good solution is needed. One without pork. Sorry if my previous post made it sound like the bad economy was just a matter of perception. That's not what I meant.
The House of Representatives, at least, can pass the bill easily. They have the votes necessary (simple majority), but Nancy Pelosi keeps whining how it's the Republicans stalling it. I don't buy that. There are Democrats whose reelection butt is on the line, and are scrutinizing this bailout. That's a good thing and am glad they're doing so.
In this article, it seems like the legislators put in a reasonable compromise that address issues like golden parachutes, controlled spending, accountability, etc. I'm assuming that this is the latest compromised bill that Paulson wants to see passed through.
From the conservative's scrutinizing viewpoint, things don't look so rosy. Someone's still trying to pull a fast one. I haven't really had time to check the background on entities like ACORN and La Raza, but the things I've been hearing second hand about them are not good.
The part I'm not so informed about is whether the compromise include any curbs on Paulson giving away money to whoever he decides that deserves it. Earlier this week, it was not the case, and the lack of any supervision should be worrisome.
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| Bailout Fate Unclear After Bush Meets With Candidates, Congressional Leaders
When individuals make money, and their profits are taken away and distributed evenly with everyone in the country, that's called communism. Likewise, losses are equally shared, so that everybody ends up equally poor.
This $700 billion bailout is worse than a commie joke.
The profits are private, and yet the losses are public, assigned to the collective as taxes.
Did I see a single cent when all the Wall Street firms were booming,
and their employees getting multi-million dollar bonuses?
No. I didn't complain either, because that's capitalism. This is a land of opportunity. People make decisions, and accept the rewards together with the risks.
Economics is not simple. I realize that the government needs to restore confidence in the US economy and financial markets. But let's wake up here. The bailout is just a really bad idea.
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| Late night link.
I disagree with Sarah Palin on a number of issues, including abortion
rights. But when the feminist establishment treats not only pro-life
feminism but small-government, individualist feminism as heresy, it
writes off multitudes of women.
From a liberal news source, no less.
This ties with my previous entry/link. Liberals are liberals first. Feminists second.
Believe it or not the "Feminists" in the sisterhood are now using the "bad mother" argument as a means of convincing the world that she's not right for the job.
There wouldn't have been a single peep if Sarah was a liberal. The liberals want her gone. They don't just want her to lose in 2008. They want her never to come back, whether in 2012 or beyond. This time, the liberals are simply disguised as "Feminists".
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