greblc
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Sun Sep-21-08 03:36 PM
Original message |
Are you willing to eat sawdust bread to see Wall Street burn? |
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Edited on Sun Sep-21-08 03:51 PM by greblc
I am. I feel my wife, myself and our two children can endure poverty. A lifestyle change and whatever "NO BAIL OUT" would deliver to us. My Grandparents and Great Grandparents lived through the Depression. We can make it. Corporate welfare of this magnitude is unacceptable. I want to see the suits loose it all. Why should those who can afford the least support the wealthy's lifestyle? Don't fear the Welfare Mom, fear the Wall Street Mom.
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d_b
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Sun Sep-21-08 03:37 PM
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1. teach a child to fish and all that jazz. |
mdmc
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Sun Sep-21-08 03:38 PM
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2. but can I do without the internets |
bluestateguy
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Sun Sep-21-08 03:40 PM
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3. I pay my goddam bills on time and I don't demand government bailouts |
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I don't take out more debt than I can afford. I pay all by cc bills off every month, and carry no balance.
I didn't rush into the housing market when I could not afford to do so (I like my apartment; it's a nice community).
The only debt I have is student loan debt, and it is a small amount compared to what these kids have today.
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Skittles
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Sun Sep-21-08 10:59 PM
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brer cat
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Sun Sep-21-08 03:40 PM
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4. I'm not sure we will escape poverty |
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even with this bailout. I think the upper rich will be shielded from their greed and risk taking, and we will still be screwed. Just mho.
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LBJDemocrat
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Sun Sep-21-08 03:43 PM
Response to Reply #4 |
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We'll be eating sawdust anyway.
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Greyhound
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Sun Sep-21-08 03:46 PM
Response to Reply #4 |
8. We really should stop calling this a bailout, it is nothing but a last dip |
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into the trough on their way out the door. This will do nothing but make the job of fixing it that much harder, they claim the gold reserves but were not able to get the SS money.
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guruoo
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Sun Sep-21-08 07:08 PM
Response to Reply #8 |
36. "...a last dip into the trough on their way out the door" |
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That's very good! :headbang: Hope you don't mind my spreading that one around.
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greblc
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Sun Sep-21-08 03:50 PM
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10. Agreed. So why should we own the debt they profited from? |
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I liked to get kissed first....
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liberalmuse
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Sun Sep-21-08 03:43 PM
Response to Original message |
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I will learn to scavenge for mushrooms, instead. :)
Wall Street mom? LOL, that's great! When it comes down to it, all we will leave behind is what we leave to others. That is how we will live on and be remembered. If we leave this mess, we deserve nothing less than contempt, and to be held up as an example of what not to do. We can't leave our grandchildren or their children this mess. When you think of it, even the people responsible for the Depression made sure it was cleaned up for the next generation. I think that's damn commendable and I honor them for it.
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Greyhound
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Sun Sep-21-08 03:44 PM
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7. I agree, but it is not necessary. We have no dust-bowl this time and |
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this nation has more than ample resources to take of it's own. Without Wall Street and the MIC sucking us dry, we are still the best equipped nation on earth to take care of it's citizens with plenty to spare.
All it takes is the will.
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melody
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Sun Sep-21-08 03:49 PM
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9. The poor and middle class know how to share |
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It's the rich that will have the problem.
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greblc
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Sun Sep-21-08 03:57 PM
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15. Agreed. That's why I have little worry about making it. |
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The rich will suffer. When you live on an estate you have no neighbors, if you do they are assholes and wouldn't help you anyway.
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Earth_First
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Sun Sep-21-08 03:50 PM
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11. Apparently your mortgage is paid in full? n/t |
morillon
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Sun Sep-21-08 03:53 PM
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We spent quite a bit at the grocery store today, stocking up on non-perishable items. I'm not sure dollars or even gold will be worth all that much, if things totally go to hell. A can of black beans, though, that could be worth something.
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tpsbmam
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Sun Sep-21-08 03:59 PM
Response to Reply #12 |
17. Been doing that for about 6 months now.... |
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It gives a small feeling of security. And as my expenses fluctuate (e.g., $700 vet bill this month -- no money left for basics much less extras!) it's come in handy to have those stores of food. Have gone back to cooking and freezing so, assuming I can afford my electric bill, we could live for about 6 months maybe (the dogs included). Even without the freezer we could probably live for 6 months -- it'd be pathetic food, but we could do it.
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morillon
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Sun Sep-21-08 04:03 PM
Response to Reply #17 |
20. Ouch on that vet bill. :-( |
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We've been stockpiling food for our cats and dogs for several years now. We bought a commercial grade freezer just for that. A couple of our guys are on prescription diets and will get sick rather quickly if they're fed regular stuff, and since PetSmart sometimes runs out of those varieties, we decided not to take any chances.
Ten years ago, I would've said all this is just so much crazy talk, but now it seems like common sense. All my friends are stockpiling food, too, and these are very run-of-the-mill businesspeople.
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tpsbmam
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Sun Sep-21-08 05:08 PM
Response to Reply #20 |
33. Scary. Just plain scary. |
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Yeah, that vet bill.....it follows an emergency health crisis in my other dog which cost me $1500 last January -- still haven't saved the entire amount I spent on that one! The last one was a relatively new rescue with horrible teeth and & mouth infections -- 7 teeth pulled, major oral surgery, antibiotics & $700 later hopefully he'll be fine. Yeah, the one with the major emergency is a rescue Westie with chronic pancreatitis & inflammatory bowel -- $40/month for prescription food. Here it's actually cheaper at the vet than PetSmart. (Prescriptions get filled at Target though -- less than half the price of the vet.) And I do have vet-approved recipes and all of the ingredients should I need to start cooking for them. They're our responsibility -- we have to prepare for them, too!
The sad thing is the quite large number of people I know who can't afford to stockpile -- they simply don't have the extra cash now to prepare for the future. Here I am all prepared and able to last awhile, as can my dogs, and they with their kids will be screwed. "This sucks" doesn't even begin to describe it!
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dkofos
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Sun Sep-21-08 03:54 PM
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13. YES, and the bankers can eat SHIT |
Kurt_and_Hunter
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Sun Sep-21-08 03:56 PM
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14. No, I am not willing to see my loved ones eat sawdust to give you an emotional high. n/t |
greblc
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Sun Sep-21-08 04:09 PM
Response to Reply #14 |
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Bail away. Those at the top have been so generous in the past. Let's stand outside with our mouths agape and wait for the trickle down! I don't pretend to understand the market. I do know an enormous sum of money handed to the Wall Street Wizards who lost it in the first place sounds like a very bad idea. Fuck them. Wall Street cares little about you and yours, Me and mine.
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JitterbugPerfume
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Sun Sep-21-08 03:59 PM
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16. I do not wish such misery on my family |
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Edited on Sun Sep-21-08 04:00 PM by JitterbugPerfume
or myself
you ARE talking about starvation, aren't you?
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greblc
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Sun Sep-21-08 04:16 PM
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24. Who want's to see their family starve? |
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I wouldn't wish it on anyone. Our country has been here before. That is my point. We will survive. Third world nations can make it on much less than we can. I just don't care to hand out golden parachutes.
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MichiganVote
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Sun Sep-21-08 04:01 PM
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18. No. Respectfully, you have no frickin' idea what it is to live through a Depression. |
greblc
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Sun Sep-21-08 04:25 PM
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26. Few of us do. More of us should. |
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If those on the top had let go of the piggy bank and opened a history book we might not be here. I've heard many stories from parents and grandparents. My thoughts are a bailout is only borrowing time.
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JitterbugPerfume
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Sun Sep-21-08 06:09 PM
Response to Reply #26 |
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I have many memories of my mom and granny talking about the depression . It was very fresh in their memory. Another DUer who has since passed on told me many stories about being a young child in the depression . It was a sad and sorry time.He was scarred by it in ways I can not reveal.
I am for anything that stops the next one . Of course it galls me to think about bailing out the very people who got us into this mess. We need a solution and it will not be painless, but maybe it can avoid being deadly
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MichiganVote
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Sun Sep-21-08 07:10 PM
Response to Reply #26 |
37. I'll take the time for now, thanks. This is like being told we have a week to live. |
Warpy
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Sun Sep-21-08 04:03 PM
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19. The problem with the Depression is we only knew the survivors |
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A lot of people didn't make it. The cause of death was always pneumonia or heart failure, but the emaciated bodies told the real story. As always, the most vulnerable were children and old folks.
Do you really want to repeat that?
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LeftishBrit
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Sun Sep-21-08 04:04 PM
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I am not prepared to sacrifice my own or my family'w welfare - or that of many others - in order to punish people, even if they deserve it. I would sacrifice to help others, but not to harm others - even bad others.
Yes, I know I'm not in your country; but a real financial disaster would destroy the economy worldwide. It did in 1929, and we're even more globally interedependent nowadays.
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coalition_unwilling
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Sun Sep-21-08 04:06 PM
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MrMickeysMom
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Sun Sep-21-08 04:18 PM
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25. I am willing ... Because it will be 100 times worse, if we don't! |
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Buy some more flour and canned goods, then return to the days of vegetarian eating. I'll grow sprouts and have an indoor garden this winter. What in the world do you suppose is going on here, folks?
The alternative is to have those who have gone the way of "derivatives gone mad" ask every man, woman and child to bail it out, but, OH, BY THE WAY, we have no intention to step in with your foreclosed homes. Wall street can be socialized, but not the working class.
Please understand - We are being told that those who would work without a safety net from their own bankruptcy bail out the unregulated bad behavior that has escalated the few hedging their bets at the top. All of this cocky shit was caused by complete deregulation removal of laws designed to avoid the next great depression. IN other words,the same bunch that assume that their risky behavior of leveraging their monkey business will not be responsible for that behavior. It's okay for them, but not for us.
It will be 100 times worse for us if we bail them out. Hey, but that's alright, because this monumental action will offset the worse horror sure to follow in a few months.
How crazy is is this? Let it completely dissolve.
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greblc
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Sun Sep-21-08 04:33 PM
Response to Reply #25 |
29. Thank you! For agreeing Mr Mickeys Mom |
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We are footing the bill for this bail out. How will taking on more debt help you or your children? Economist are saying this is no sure thing. Are we willing to roll the dice with that much $ on the table?
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MrMickeysMom
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Sun Sep-21-08 05:07 PM
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32. I believe the gross national product of the entire US is something like |
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$12 Trillion, if I recall (can't fact check now, going to make some pasta)
Well, the point is, I just don't see the perpetual motion that would be in place to allow this debt to be taken on. We would then be liable for what- $20 to 25 Trillion dollars???
I'll stand corrected on my understood GNP figures, but if we can just have a conversation (before any congressional action purse strings are further pulled out) about the behavior of Wall St, meanwhile continuing to encourage the derivative and unregulated behavior, then we'd be going in some direction. But, as far as I know, non of this behavior would be extinguished with the congressional actions. I'm going to write/contact my right wing congressman and see what that brilliant boy has to say.
Ah, well... let's stay tuned, greblc, and (I think) you're welcomed.
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Mudoria
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Sun Sep-21-08 04:29 PM
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magellan
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Sun Sep-21-08 04:32 PM
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28. We probably will either way |
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Economists are seriously warning about the devaluing effect this bailout will have on the dollar. And I doubt the bailouts will end at $700bn....
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dee15644
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Sun Sep-21-08 04:37 PM
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readmoreoften
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Sun Sep-21-08 04:38 PM
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31. You'll eat sawdust regardless. It'll feel better if they're not eating steak. |
greblc
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Sun Sep-21-08 10:44 PM
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Dreamer Tatum
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Sun Sep-21-08 05:12 PM
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34. Nothing's preventing you from punishing your family now, so go ahead and do it eom |
tomg
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Sun Sep-21-08 07:10 PM
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38. Eat sawdust? Hell, that 's a step up |
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from the shit sandwiches they've been feeding us for the last eight years.
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EndElectoral
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Sun Sep-21-08 07:24 PM
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39. The politics of fear....Why not do what FDR did? |
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I see nothing about reinstituting Glass-Steagall in the Bush administration plan.
I see no jobs program to help Americans have jobs during this crisis.
I see no repercussions for the ones who profitted the most from this.
What I do see is an executive authoritarian 700 billion gift package to the Secy. of Treasury to do whatever he wants with no oversight or judicial review. (except maybe by Cheney and Bush)
I'm sorry I cannto bring myself to trust this administration.
I see nothing here to help taxpayers, but only to salvage profits for the lending firms that are the soc-called experts of "risk assessment."
I think overall a better America might emerge if we did face this pain without assing on this debt to the American taxpayer. And yes, And while I did not live through the Depression, my father did and shared many a painfoul story about it. One thing he said to me about that time. He talked about his pride and giving his younger brother his dinner often. He spoke of working for the CCC and how proud he was to have a job. What might happen if a few of these companies collpased is still questionable. THe Housing Bill was just passed at the end of July. It hasn't even had time to work. Now, we give 700 billion to the same peope who helped create this problem with no accountability, and no oversight.
no thanks.
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Raine
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Sun Sep-21-08 07:26 PM
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I remember my mother talking about my grandmother collecting and selling rags to feed her family, how they only had potato water for the dog etc. The family I'm from worked to hard and struggled to long and has come to far to go back to that. I don't want to see that kind of poverty widespread in my country. I don't want to see a generation have permanent scars from that kind of disaster. I don't want a few punished at the expense of the rest of the world's population.
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lumberjack_jeff
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Sun Sep-21-08 07:27 PM
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41. What kind of sawdust.? |
nadinbrzezinski
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Sun Sep-21-08 07:30 PM
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42. You have no clue what you are talking about |
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you want to let relatives DIE? from ah STARVATION?
Get your head out of your well you know what.
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Sun Sep-21-08 10:55 PM
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Message removed by moderator. Click here to review the message board rules.
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leftofthedial
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Sun Sep-21-08 10:56 PM
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45. gonna eat it anyway at this rate |
Brundle_Fly
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Sun Sep-21-08 10:58 PM
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46. and you know this cash grab will just lead us back to here in a few years. |
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