Wednesday, August 12, 2009

The Bailouts

OK...the damn bailouts. This is ridiculous. This is basically what it means. You don't have money....so you go to the store and you swipe a card. You receive the merchandise...you can't pay the bill when it comes. That bill is generated by a bank who paid for your broke ass and now has nothing to show for it. SO YOU go to ANOTHER bank and say "hey....I spent more than I have". They say "oh...ok...here is the money. Bye." THAT bank just gave you someone elses money......

see the problem?????

Now if that second bank laughes and says HAHAHHAHAH NO LOSER.....NO MONEY FOR YOU! You are screwed. Your bank is screwed. Yeah it sucks...but that is as far as it goes. Now, if your bank has done that for hundreds of people they are REALLY SCREWED!!! But the people from the second bank aren't. So, it stops the bleeding at the source. Will that bleeding have a rippple effect? Of course. BUT it is the difference between throwing a pebble in a pond or a damn boulder.

If you made bad business decisions and went without regulation for years...and you collapse.....TOO BAD!

Now where is the REAL source of this problem???? Not the banks or the government....WE ARE! We are greedy, credit hungry fools who think that the whole damn world owes us something....why? Because we are Americans, dammit! We don't want government interference until we need a damn bailout or protection or healthcare.....THEN it is ok. GET A GRIP!

If I hear one more person bitching about how broke they are, and how little their job pays while wearing a 160 dollar sports jersey....my head is going to explode. We have completely blurred the line between "need" and "want". You DO NOT NEED most of the things that you buy! Look around!!!! You can start by telling your kids NO and then tell yourself NO!!!!! BUT the economists tell us SPEND SPEND SPEND...our idiot president even said it...AND WE LISTENED!! Why? DUH because we are idiots...and hate the government and don't want their interference but we will listen to them everytime when it makes us feel good.

Good job, idiots.....your great great grandchildren will still be paying for your X Box

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