Granted I've only been around forty years, but I've never seen the country in worse and frightening shape, and without solid leadsership or direction in my lifetime. Nor do I think I've seen such rampant stupidity, and I'm someone who follows the news religiously. When I hear politicians debating the Paulson plan and the economy, both Democrats and Republicans, I want to throw my television out the window. It is a difficult and complex problem, but why can't smart people like Paulson and Bernanke realize that the LANGUAGE they are using is both alienating everyone and causing grand misunderstandings! This may be the most important economic piece of legistation in a century: why hasn't anyone been able to explain the crisis in terms that resonate with taxpayers and voters? I can only imagine that on top of the notion that taxpayers are footing a bill to bail out wall street idiots (which isn't quite the case), seeing our leaders in a state of ineffectiveness and panic causes both anger and fear. And the biggest fiasco was McCaine making a showboat about running to Washington to save the day, forcing the administration to invite both candidates to the White House. No one should be naive or equivocal about this--it is the CLEAREST thing in this whole mess that the candidates' sudden involvement in the key meeting has turned this whole thing into a much worse disaster than it has ever been. I agree that this is a time for candidates to show leadership, but the best place they can do it RIGHT NOW, and in a crisis like this is in front of America in the scheduled debates that a majority of people anticipated and believe is the most important event of the election. This is a god-awful mess--and mark my word, as soon as millions of people suddenly realize they can't get a car loan this year, or can't get money from their ATM for a week or more, or can't send their kids to college, or lose their jobs because their company can't get money from their usual lender, hardly ANYONE is going to care whether or not a plan comes from a democrat or republican, whether or not there is a freeze on executive parachutes, whether or not Paulson's ideas to buy mortgage securities and hopefully earn a profit works, on and on. ALL that most people will care about is who is going to provide them food, some cash, and a roof over their heads. And when we reach a point like that, THEN you begin to worry (and SERIOUSLY worry) about whether or not Democracy will survive, to say nothing about so-called free market capitalism. We often forget in this country that it is a thin line between cherishing and upholding freedom, and taking whatever you're given because you're on the verge of becoming homeless and hungry.

Open Question

Granted I've only been around forty years, but I've never seen the country in
worse and frightening shape, and without solid leadsership or direction in my
lifetime. Nor do I think I've seen such rampant stupidity, and I'm someone who
follows the news religiously. When I hear politicians debating the Paulson plan
and the economy, both Democrats and Republicans, I want to throw my television
out the window. It is a difficult and complex problem, but why can't smart
people like Paulson and Bernanke realize that the LANGUAGE they are using is
both alienating everyone and causing grand misunderstandings! This may be the
most important economic piece of legistation in a century: why hasn't anyone
been able to explain the crisis in terms that resonate with taxpayers and
voters? I can only imagine that on top of the notion that taxpayers are footing
a bill to bail out wall street idiots (which isn't quite the case), seeing our
leaders in a state of ineffectiveness and panic causes both anger and fear. And
the biggest fiasco was McCaine making a showboat about running to Washington to
save the day, forcing the administration to invite both candidates to the White
House. No one should be naive or equivocal about this--it is the CLEAREST thing
in this whole mess that the candidates' sudden involvement in the key meeting
has turned this whole thing into a much worse disaster than it has ever been. I
agree that this is a time for candidates to show leadership, but the best place
they can do it RIGHT NOW, and in a crisis like this is in front of America in
the scheduled debates that a majority of people anticipated and believe is the
most important event of the election.
This is a god-awful mess--and mark my word, as soon as millions of people
suddenly realize they can't get a car loan this year, or can't get money from
their ATM for a week or more, or can't send their kids to college, or lose their
jobs because their company can't get money from their usual lender, hardly
ANYONE is going to care whether or not a plan comes from a democrat or
republican, whether or not there is a freeze on executive parachutes, whether or
not Paulson's ideas to buy mortgage securities and hopefully earn a profit
works, on and on. ALL that most people will care about is who is going to
provide them food, some cash, and a roof over their heads. And when we reach a
point like that, THEN you begin to worry (and SERIOUSLY worry) about whether or
not Democracy will survive, to say nothing about so-called free market
capitalism. We often forget in this country that it is a thin line between
cherishing and upholding freedom, and taking whatever you're given because
you're on the verge of becoming homeless and hungry.

Asked by macsinclair 1 month ago - 7 answers - 59 views

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now that you mentioned homeless and hungry.....maybe this is the reason so many
hotels have been built while the housing crisis has been taking
place.....cheaper to rent a hotel room than pay for a mortgage....plus they have
house keeping, and free continental breakfast! think i'll buy some more HPT
(that's my hotel REIT i picked, there is about 4 others i've read about).

Answered by michael morse - Bookmark this User - Ignore this user
1 months ago - Report Abuse