Obamanomics: Bad for the economy...

[ColoradoChick 33]

And it's interesting to hear about a bank that didn't want any of the bail out money. Now why do you think that would be the case? Why do you think they want to be able to operate with no oversight? What do they have to hide?

Maybe they didn't want the bailout because they have sound business practices and did not need the money because they did not recklessly lend. Banks were regulated before the bailouts.

[BethFromVA 5]

I'm just guessing here but Beth I have a feeling that the reason Palin's entry into the race resonated with you is because she stood up and railed against Obama. She made outlandish claims from the podium. She was given her scripts and doggone it she stuck to it, day after day, venue after venue.

She didn't do well when she got called on some of the stuff she said, but no matter, she got to say it, right?

To me that was just icing on the cake. That was not at all what resonated with me. At that point, I really didn't know that much about him other than I would never vote for him because he's a democrat. But good guess. Wrong, but good try.

[BJean 16]

Hey Colorado, you didn't offend me at all. You were making a point - as was I.

You DO all understand that the money that the banks are working with is OUR money, don't you?

[BethFromVA 5]

I would agree with you about government interference or bail outs. Except for the fact that it's the taxpayers who are hurt in this economic debacle. Everyone (that I know of) agrees that much of this happened because of absolutely no oversight.

Actually, as CC pointed out, and I have also mentioned previously, it was government interference which played a huge part in where we are now. Yes, we had greedy CEOs too, but it was exceptionally and adversely affected by government dictating who should be lended to. I blame them at least 70 percent for what happened.

And now the answer is MORE government to fix what the government screwed up?? Yeah, I don't think so.

[ColoradoChick 33]

Good job, Colorado. Thank you.

I would agree with you about government interference or bail outs. Except for the fact that it's the taxpayers who are hurt in this economic debacle. Everyone (that I know of) agrees that much of this happened because of absolutely no oversight.

It would be interesting to know if allowing chips to fall where they may, would have been a better solution. But this was affecting most countries and most Americans. It really seemed like it was time for someone to take the bull by the horns and wrestle it to the ground.

Guess we will learn something in this process. At least I hope so. I hate the idea of the bailouts. I just do not have a better plan to offer up and I'm afraid I have to disagree with you about bankruptcy being a reasonable plan for all these companies.

Either way our economy will rebound. It always does. I just do not want to have to use my hard earned money to bail out private business. The situation sucks no matter how you look at it. We can disagree on the process of getting out of this mess but I think we agree that we need to get out of it. Many people are hurting and that is a shame. I hope Obama can do it, I really do. I want our country to succeed. I am worried that it may be throwing our hard earned money away as the bailouts do not seem to be working but hopefully soon the credit markets will thaw. We are all in the same boat!!

[BJean 16]

Beth I wasn't being insulting. I know my posts must sound harsher than I am feeling since I get some pretty negative feedback sometimes.

I just know that you enjoy speaking your mind and that you undoubtedly appreciate another woman who is strong enough to get up and speak her mind in a no-nonsense way too.

My main quarrel with her is her right wingedness (yep, I made that up). She's way out on a limb as far as her politics and lifestyle are concerned - at least in my world. She's absolutely not the kind of person that I would want to see as my governor, much less my president. But I do understand her appeal to some people.

[ColoradoChick 33]

Hey Colorado, you didn't offend me at all. You were making a point - as was I.

You DO all understand that the money that the banks are working with is OUR money, don't you?

Good!

I do understand that it is my hard earned money and that is one of the reasons it REALLY pisses me off! I would like to kick the bunch of them in their collective balls. hahahaha

[BethFromVA 5]

Either way our economy will rebound. It always does. I just do not want to have to use my hard earned money to bail out private business. The situation sucks no matter how you look at it. We can disagree on the process of getting out of this mess but I think we agree that we need to get out of it. Many people are hurting and that is a shame. I hope Obama can do it, I really do. I want our country to succeed. I am worried that it may be throwing our hard earned money away as the bailouts do not seem to be working but hopefully soon the credit markets will thaw. We are all in the same boat!!

I hope we can get out of this mess, but I guess for me I hope he does not succeed in this fashion. The problem is, once the government has its claws into something, it never lets go. I don't see us ever going back to true capitalism as it should be -- businesses run by people instead of government (greedy sheistering aside).

[BethFromVA 5]

Beth I wasn't being insulting. I know my posts must sound harsher than I am feeling since I get some pretty negative feedback sometimes.

I just know that you enjoy speaking your mind and that you undoubtedly appreciate another woman who is strong enough to get up and speak her mind in a no-nonsense way too.

My main quarrel with her is her right wingedness (yep, I made that up). She's way out on a limb as far as her politics and lifestyle are concerned - at least in my world. She's absolutely not the kind of person that I would want to see as my governor, much less my president. But I do understand her appeal to some people.

Hehe, fair enough. Hey, I think we've been doing pretty well today. I'm sure we won't solve any of the world's ills, but still...

Okay, then my question to you is, what makes her right-wing in your book? I guess when I hear that term, I'm not exactly sure what it means to different people because of differing views of what makes on a "wing."

[BJean 16]

I'm pretty old and we haven't experienced a crisis of this magnitude in my lifetime. So I'm not so confident that given enough time, things would have worked themselves out.

But hell to the yeah! Ball kicking!!! Count me in!!! Yeah baby, knee to the groin, yee haw, now we're talking!

[ColoradoChick 33]

I hope we can get out of this mess, but I guess for me I hope he does not succeed in this fashion. The problem is, once the government has its claws into something, it never lets go. I don't see us ever going back to true capitalism as it should be -- businesses run by people instead of government (greedy sheistering aside).

I want him to succeed while keeping our current form of government. I do not mind careful regulation so this short of mortgage shenanigans does not happen again. But our government is the author of the current mortgage laws that got us into this mess in the first place. I am against long term nationalization of private business - that is the socialist slippery slope. Obama has stated publicly that he wishes to keep banking private - so until he proves otherwise I will keep him to his word.

[BethFromVA 5]

I'm pretty old and we haven't experienced a crisis of this magnitude in my lifetime. So I'm not so confident that given enough time, things would have worked themselves out.

But hell to the yeah! Ball kicking!!! Count me in!!! Yeah baby, knee to the groin, yee haw, now we're talking!

Good, something we can all do in unison!

[ColoradoChick 33]

Good night BJean and Beth! It was fun chatting but I have to get up in about 5 hours to work! toodles!

[BJean 16]

I know Beth. I'm not sure that I completely understand people's perception of left-wing nuts either.

First of all, she's not into making sure that her off-spring have birth control methods in place before they engage in sex. She believes that telling them to abstain is the right approach to raising a child. Yeah, how's that working for her?

She's totally against a woman's right to choose an abortion if she finds it necessary. I believe she was against stem cell research. I am strongly (as strongly as I can possibly be) for women's right to choose and I support stem cell research.

Next, she's into creationism. I'm not.

She's like many of you, she doesn't think people should pay taxes. That's one of the things her other half has been very involved in. Timothy McVeigh was also a proponent of refusing to pay taxes. Those people scare me. They want to (and have) form a militia and if I thought they were into fairness and peace that wouldn't scare me. But they are not into those things.

She's into the whole home schooling thing and I believe people opting out of the system is contributing to our schools' decline. I believe in a strong public school system. I believe we owe a good education to our children and I believe that only if we have well-educated children should we expect to continue to be the strongest, best nation on earth.

She's into killing animals. I could never do that. I'm a carnivore so I can eat them, but I don't want to actively participate in their deaths. I would also wear fur because I believe that natural products are preferable to synthetic ones.

She said some very harsh things from the platform - things that could have incited, and actually did, some very negative behavior and attitudes. I found that irresponsible and reprehensible.

She was for the war. I was against it. She is proud to send her son over there and I would have been devastated if my son had to fight in a senseless war like that.

I could go on but I think you probably have read it all before.

[BJean 16]

Nite ya'll. Btw, Colorado, I used to live in Chantilly, VA and I love Leesburg and surrounding area. Thinking about it makes me miss it!