Bruce
we are all angry at Bush and the bailout, except the rich investors
of course who are saved from "zeroing out" in their investments that
have been handled by fool and thieves. But as we know, many people
who are making money usually don't complain about wrong doing until
they stop making money
There is one correction to your post however.. while there is no
doubt that members of both parties deserve low marks (or even
negative marks) the Dems have only marginally controlled the congress
since 2004/2006 and because of that are almost impotent when you
consider that Bush the idiot has vetoed almost every bill that the
Dems have supported during that time, that had also made it's way to his desk.
I used to believe in divided government, because in the days before
Bush the 1st there really was quite a bit of co-operation between the
two parties and very much compromise to get things done all that
time. But the GOP literally took over Washington in 1994 and clearly,
compromise was never on their agenda. McCain keeps talking about a
bill that he supported to bring control to the housing/bank issue in
2003. However while Chuck Hagel sponsored the bill and 2 other
Republicans co-sponsored it. McCain only added his name to it a year
and a half later when it was almost dead in committee (it did die and
never got to a vote) and when Hagel tried to ressurrect it again in
2005 McCain again only tied himself to it when it was dying in
committee once more. The part that I love the most is that McCain
keeps saying the Dems killed it.. that guy is as much or more of a
liar than GWB is
but the worst part now is that :
1) AIG is about to ask for even more money steeped on top of the
$123billion they have bilked us for so far
2) Other insurers are now asking to be (and probably will) in the
bailout bill. Yeah the same bastards who refuse to pay Katrina
victims whose homes were destroyed by rain, storm surge & wind which
the insurers claim are not covered by their policies.. Yeah .. we're
going to bail them out. Funny.. I didn't see or hear of any
hurricanes destroying their office buildings recently
3) we will continue to bail out these morons, who still live in
beautiful homes and still have FAT bank accounts. But we will not
bail out the population who has been affected by the subsequent
tragedies, the people who have lost their jobs, or everyone who has
paid higher food prices, higher business costs for the small guy like
you and I
4) and to make things seem even more retarded.. how many of you
realize that the world's #1 capitalist society is going to borrow the
bail out money from the #1 communist society (China)
it is an upside down world with upside down beliefs..
to get back to Gildersleeve poster.. HELL YEAH.. WE ALL LOVE WOMEN &
GORILLAS, DON'T WE?????
Rich=========
At 10:12 AM 10/25/2008, Bruce Hershenson wrote:
Sue
Excellent post! There are two distinct issues here, as you point out.
I don't fault poor people for taking homes when they were offered
them with "no money down", because many of them would never be able
to have one otherwise, and they had little to lose (imagine a movie
poster auction company that let people buy posters with no money
down and a year to pay; they would get astronomical prices from
people who never intended to pay, but who hoped that prices would
rise even more, so they could sell at a profit, and who would walk
away if prices go down, leaving the auction house to auction the
same items over and over again, never telling their customers the
earlier prices were ficticious).
I DO fault the Wall Street guys for making these idiotic loans, and
I would not be so surprised if they had merely sold the public this
"pyramid scheme", but they fell for it themselves, losing everything
they have on a Ponzi scheme that was doomed to failure.
You ARE correct that they are now blackmailing America. They are all
broke, and they are saying that if we don't "make them whole", they
will make all of us broke too. I guess when you are faced with
disaster, you will sometimes do or say anything to get out of it,
but this is mighty low!
Bruce
On Sat, Oct 25, 2008 at 11:34 AM, Susan Heim
<<mailto:[EMAIL PROTECTED]>[EMAIL PROTECTED]> wrote:
The aggravating part of it all is that I keep hearing how many
"regular" citizens were against the bailout and would not have
voted for it. Yet our representatives voted for it, seemingly, not
caring what their constituents thought. As for the crooks (oops, I
mean idiots) that got themselves into the mess, I'm sure they knew
that a worst case scenario would have Washington bailing them out.
They could use the threat that "if we go down, so do thousands of
American investors that have their money tied up with us". Sounds
like blackmail to me as CEO's of these organizations walk away will
multimillion dollar bonus packages as their company's ship is
sinking. Bonuses for doing what? It is an amazing thing to watch
greed in action. Sad, but true.
I heard a report the other day where people being interviewed
were blaming the companies that allowed them credit saying that
"credit was made so easily available and then, because of that,
they had just gotten in over their heads." I'm wondering whatever
happened to responsibility and personal restraint - forgoing the
purchase because you can't "afford" it? I realize many Americans
are using credit cards just to live on and survive. Some have no
choice as they have lost their jobs or hours cut back. However,
most of those credit users are just buying whatever they want.
Then, if they get in over their heads, they just claim bankruptcy.
That is what I believe has been made to easy in this country -
walking away from your responsibilities. Just since January,
Americans have defaulted on 27 billion dollars worth of credit card
debt. They anticipate 96 billion next year. Unbelivable.
Anyway, so that I am not entirely absent of the "movie"
connection in my MoPo post, I see Bruce has some great stuff in his
auction, Kirby had thousands of posters available for your perusal,
and the new Heritage catalog is beautiful. "Thank you" Bruce for
getting the Le Mans movie poster to me in two days. My customer's
wife was thrilled and it was a beauty. Have a great weekend
everyone and take care of yourselves.
Sue
<http://www.hollywoodposterframes.com/>www.hollywoodposterframes.com
----------
Date: Sat, 25 Oct 2008 09:07:30 -0500
From: <mailto:[EMAIL PROTECTED]>[EMAIL PROTECTED]
Subject: [MOPO] I am REALLY angry at George Bush and this Democratic Congress!
To: <mailto:[email protected]>[email protected]
I KNOW full well that my current 9th Halloween auction is far and
away my best ever (and you guys have ONLY seen Parts I and II, and
you are going to be even MORE amazed when you see Parts III and IV
next week, which includes much of the best material!).
I also know full well that these items would have certainly sold
incredibly well any previous year. I feel certain they deserve to,
and if they don't, I feel the blame can surely be placed on George
Bush and this Democratic Congress. Their massively wrong-headed
policies in so many ways have hurt the world drastically, and it may
take decades to undo what they did in 8 years (but maybe once the
elections are over, we can quickly get on the right track, and it
hopefully won't take nearly that long).
If there ARE many bargains to be found in these auctions, I hope
that long-time collectors will take advantage of them!
Does anyone here doubt that George Bush will go down as the worst
President in American history? And I am not being partisan in saying
this, for I feel the Democratic Congress is at least equally to
blame for all the terrible decisions that were made the past 8 years
(some they came up with on their own, and some they simply went
along with Bush, passing his wacky ideas, when any sane person would
have recognized them as recipes for disaster). And they let the
robber barons on Wall Street loot the country for 7 years, and then,
when those fools managed to bankrupt themselves, they go along with
the insane plan of bailing them out with OUR money!
What do YOU think?
Bruce
Visit the MoPo Mailing List Web Site at
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