Friday, October 03, 2008

To save the Sheep you have to slaughter a few Pigs and kill all the Coyotoes

Seized with fear and drunk with hope pretty much describes Wall Street these days. The Money Men believed they were smarter than the rest of us, lulling us all into believing the music would never stop. For years they bet big with other peoples money and when they won they were rewarded with huge bonuses but when they lost they just moved on to the next sucker before the music could stop. Now they can't seem to hear the music and all the suckers have exited the dance so their solution is to dump all their problems on the American tax payer because they know the tax payer owns the dance hall. Ownership of the dance hall is not in question but letting someone with two left feet stay in dance hall is in question.
All this is nothing new. In the mid 70's New York City failed and was rescued by the administration of Gerald Ford. Next it was the failure of Washington DC at the hands of the city's corrupt Mayor Marion Berry and once again the government opened up the cashier's window. In the Reagan era it was Chrysler and the American banks who had lent billions to South American regimes who could not repay their loans. Lets not forget the Asian financial crises and the International Monitory Fund bailouts of the mid 90's. The reality is that every time there was a bailout the American Tax payer took it in the ass, causing the median income to fall because of lost jobs and lower wages. Once again the government is holding a gun to our head as we dance as fast as we can. I for one am not totally against a bailout of some kind because I know that when a gun is used in a responsible manner the outcome is usually pretty good. The solution to today's Wall Street crisis is to slaughter a few pigs because pigs will just make another mess, that's what pigs do and to kill all the coyotes before they eat all us sheep. The government has he right approach with their gun theory it just needs to learn how to aim the gun at the right target.

13 comments:

  1. Anonymous8:41 AM

    WOW what a powerful statement. The world is in a terrible mess, I hope and pray we can come out of it real soon, but I do not think this is going to happen. Pray for us all.
    LR

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  2. Anonymous12:30 PM

    You hit the nail square on the head with this one. For once ybb agrees with you 100%!!!!

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  3. Anonymous11:11 AM

    Home and Family are the beginning of all things..Maybe if my generation would have been taught to respect money and understand our own limitations ..Our economy would not be in this condition.

    I Pray and Hope that our Future generations will be taught self resoect and also for others. And will understand their limitations...

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  4. Anonymous11:17 AM

    Living above our means is the norm not the exception..
    Time for Change

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  5. Anonymous8:56 AM

    How would LR know what a mess is?????? LR has been treated like a baby all her life. And once again........Mr. Mason rest his case with a winning verdict!!!


    ybb

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  6. Anonymous10:37 AM

    OK ybb now do not worry about me....
    Life is the way it is....
    LR

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  7. Anonymous12:11 PM

    Ybb never said he was worried, Ybb is just stating FACTS!!!

    ybb

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  8. Anonymous2:49 PM

    OH no here we go with the facts crap.....maybe you should write a FACTS book or become a detective....
    LR

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  9. Anonymous8:26 PM

    Maybe LR should stick facts up her kazoo!

    ybb

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  10. Anonymous11:39 AM

    WELL I WAS IN THE YOE HIGH BAND YOU KNOW,,,SO SHOULD BE GOOD AT HORN BLOWING.
    LR

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  11. Anonymous3:58 PM

    GO LR...don't let ybb get the best of you

    And yes he does have a kind heart but also a HARD HEAD...

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  12. Anonymous11:17 AM

    And a hard fist that I'd like to place upside LR's and Koolaid's eye!!!

    ybb

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  13. Anonymous8:07 PM

    I think Mr. Perry Mason would like to sleep on that. You never know when you might need some one to call. Just to that. I called and got no help!!!!!!!!!

    D.

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