But what bothers me is the lack of clarity and I hate to say it, transparency. I mean the Democrats won the white house by being very critical of the Bush Approach to the war and the Economy. Not to mention John McCain gave them the Whitehouse when he said the “fundamentals of the Economy were sound.” Particularly, it was how Obama kept hammering at Bush by saying that the deficit spending of his administration was irresponsible – which it was. The problem for me is that although in office briefly, his first proposed budget triples this fiscal year’s current deficit.
This is not an example of the government tightening their belts. As an individual American, I cant triple my debt and expect to survive or be economically responsible without fear of loosing my home or my business. I in fact have had to tighten my economic belt just to make ends meet. Why can’t the current administration and the folks in Congress do the same?
And I am talking as a person who started his own business with $60,000 of my own cash, as a person who pays himself and as a single parent. I am not one who depends on others to write me a check to live on and I don’t expect folk who don’t to really get what I am attempting to say. I mean this budget as well as the bail out place
Not to mention I am tired of folk giving me the okie doke about the Wall Street financial giants saying they are too big to fail. Folk, this is capitalism, business fail all the time and others take their place. If they to big to fail, to me they too big to exist. Then you talk about Banks and Bank holding companies in one breath as if they are the same. They are not. The FDIC can deal with banks, but can’t go into Bank Holding companies like AIG or Citigroup. So You not putting loot in banks, but rather bank holding companies.
Dumping money in a failing institution aint the way to solve this problem Mr. President, we need to restructure our finical system in concert with giving these folk loot. All around the nation, from the local to state level, governments are reducing their budgets not expanding them. Why can’t the federal government do this? And its not just the Dems, it’s the GOP too. They talk all that mess and don’t even have one constructive suggestion to suggest. They just complain. Now true I said a long time ago Geitner was the wrong man for the job and gave out about 10 others I thought were better to get us out this mess. But he there now so I aint tripping, but for the GOP to say he should leave without offering who they would replace him with, and bich over little nit picking shit borders on stupidity.
So I say April 15th, if you owe some loot tell them folk to suck your private parts and don’t pay. If they aint got the balls to let the banks fail, or tell these mf’s they giving our loot too who still run the companies that got us in this mess to resign, or don’t revisited getting the laws on the book that got us in this mess such as the commodity futures modernization act, they can fail economically too. Cause our fundamentals still aint sound.