Pulling the plug on Wall Street

What a couple weeks its been for money!
I can't believe how much money has been lost on Wall Street, and how much money has been spent trying to collect those scraps back together.
Right now, everyone is paying close attention to the proposed 700 billion dollar bailout- and just today the House of Representatives thankfully rejected this bill.
Thankfully- yes, thats the word I ought to use.
And heres why.
In just the last 2 weeks, The U.S Treasury and Federal Reserve (prior to this 700 billion dollar deal), has already spent and loaned around 505 BILLION dollars in order to "invigorate" and "repair" Wall Street.
And look where we still are now.
With government regulation on the rise, the economy is still failing, and still members of the U.S government are desperately demanding the House Of Representatives to reconsider their "no" answers voted today.
Listen, I feel for the shareholders, employees, and retirement investments that have been lost with this financial crisis. But when members of my family lost their job to this failing economy, their was no bill pressed to rescue their mediocre pay salaries. (It was more like, so what if you've been with us for 14 years, tough luck.)
Furthermore, to help you better understand who were bailing out- look at Washington Mutuals Alan Fishman; who served on the job for only 18 days.

"As should be no surprise, he signed a juicy contract: a $7.5 million signing bonus and a lump-sum payment for severance that comes to $6.15 million. In other words, if he leaves the company, he'll walk away with $13.65 million.

That's a pretty good deal in light of the fact that WaMu is the biggest bank collapse ever."

So next time you believe the economy needs a 700 bill... wait- a 1.2 TRILLION dollar bailout with your hard earned tax money, try and think of poor Alan Fishman- who sadly leaves with a mere 13.65 million dollars.

I'm furious, and all I have to say is that if this bill passes in the next couple days, I'm switching to Monopoly money.

sources: "WaMu CEO Could Bag $13 Million After 18 Days on the Job", www.dailykos.com/storyonly/2008/9/27/113854/014/847/612422

Damon on Palin

I think this guys got a point.

Ron Paul: Third Party Candidate?

As much as I'd love to see this happen, I can only imagine Dr. Paul dragging votes away from the Democratic ticket. I was an avid supporter of Dr. Paul during his presidential bid, and donated any little bit I could afford to shell, but this birth could be the death of Obama & Biden. Well see tomorrow!

What Sarah Palin and Al Qaeda Have In Common

They are both training for their jobs in some secluded area!
Since McCain announced his V.P choice, Sarah Palin has been turned into a demigod for the media. Whether on the front page of Us Magazine, on C.N.N every 10 minutes, or in your local papers everyday, Ms. Palin has infiltrated every source of media on earth.
But heres the kicker...

Shes managed to accomplish all of this by doing absolutely NOTHING!
The last real statements she has made, aside from a quick plane interview, was her Vice Presidential acceptance speech at the R.N.C.

Doesn't this say something about the Alaskan Governor's role in the campaign?

Are we really willing to sit around and wait, listen to EVERYBODY but her, and conclude that, "Hey, Sarah Palin SOUNDS ready, LOOKS like she knows what shes doing, and from what I've read from John Smith via The Make Belief Paper, is a great Vice Presidential candidate for John McCain."

No way. Not me. Nor should anybody.

It may sound harsh, but heres the simple fact: The media needs to stop obsessing over Sarah Palin until she is able to start speaking for herself. It's time for Sarah Palin to come out of "Media Etiquette 101," and start representing herself for what other columnists, analysts, and talk show hosts have been assuming for the last weeks.

It's bothersome.
Come out of your cave and jump on the campaign trail.

Republican National Convention Day One - Sponsored by the AARP?

So I've been watching the R.N.C for the last few hours, and let me tell you.
I now know how it feels when I forced my X girlfriend to watch the Lord Of The Rings trilogy.
Pretty boring stuff right? (Do not be mistaken, I love the L.O.T.R trilogy)
What is the average age of this convention anyways? 65?
As of now, I haven't been impressed by the PLATFORM of this convention. I'm not denouncing John McCain as a candidate because of this, but it has not stirred any sense of excitement or interest in my eyes.

Now Joe Lieberman is up, and he looks like a sheep within a room full of wolves.
Doesn't it boggle your mind when you see present and past Senators like Lieberman and Thompson promising change, when they themselves were elected for that same reason?
Is the President really a king who serves as supreme ruler of the land?
Not in my eyes.

Elected politicians, whether in small or large offices, need to stop addressing their dreams and aspirations through their chosen party candidates and start making change NOW.
Everybody can get excited when the future sounds so optimistic, but in every future promised to us, that optimism vanishes leaving us vulnerable and once again looking for a new hope.
That cycles gotta stop now.