Friday, September 26, 2008

No Bailout For Wall Street

This is coming from someone who has his money deposited in Washington Mutual or whatever it is now. Yes I was too lazy to take it out and move it, and too cheap to buy new checks. I have thought about this for a long time now and have watched the markets climb every time the democrats lie and say they have a deal. If Wall St. likes it the only reason is becuase it will be good for them. Let's talk Paulson: Worked at Goldman Sachs has a lot vested there in money and relationships and do not forget he is a big democrat. Jon Corzine: Why him you ask? Same shit used to work at Goldman also he sent $170 million of the State of New Jersey pension fund in Lehman Brother's stock back in August. AIG was a great company until Eliot Spitzer forced out, in a witch hunt, the man who used to run it. Now look where it is. People it is called investing and there is an assumption of risk each stock has a Beta value this is its riskiness as compared to the rest of the stocks in its category. Unless you are doing something illegal stocks are going to fluctuate up and down. If you are not paying attention to your portfolio tough shit, you lose.

Thank God for Senator Bunning for calling this what it is "un-American socialism" which is why Obama and McCain love it. Also Senator Shelby pointed out that the democrats only want help in passing this "plan" so they are not the only ones on the hook for such treasonous ideas. Ever since this this market drop started my portfolio is down 5% hey Paulson can I get a bailout can you get me a rescue plan? Moving on to these mortgages that might default and democrats want to bail out homeowners; are you shitting me? People lie on the applications, then companies approve them because if they don't the government will prosecute them for being discriminatory. It is a big shit sandwich but this guy ain't taking a bite no bailout for anyone that sounds equitable and equal for all. Life, Liberty and the pursuit of Happiness; NOT A mortgage I can't afford, College loans I can't afford, Car loans I can't afford, in a neighborhood I can't afford, that are guaranteed by the constitution. Bad investments or bad loans same shit tough shit for loaner and loanee. I can only hope that the Republicans in the house will stand firm and not give in to this socialism.

What about the millions of Americans who pay their mortgage every month or their home equity loans what do the good Americans get. I will tell you they get scoffed at by douchebag senator Harry Reid when the House Republicans put in a stipulation on lowering capital gains taxes. America is becoming the place where you can lie cheat and steal i.e (Barney Frank, Chris Dodd and Barack Obama) and you will not get prosecuted and they will make sure you get more money. It just does not pay to be a honest citizen anymore in this country. What to do about it is a topic for another post and it is coming soon. Right now we have to do what we can to stand firm in our principles and not let this happen without some type of protest. Granted I know this "plan" will pass sometime this weekend and we will hate it but we will carry on with conservative principles and torch whoever votes for it. I really hate most of this Constitution hating Congress.

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