When you are poor and have financial problems, it's always your fault and it's up to you to figure your way out. Nobody, and I mean nobody, is willing to help someone who already can't pay their bills. Something about not being a good risk. If it only worked like that for the people at the top, maybe a little more thinking (such as simple arithmetic instead of compound interest) would have provided a few level heads and prevented what looks like the second Depression in my mother's lifetime.The Fed will provide special financing to JPMorgan Chase for the deal, JPMorgan Chase said. The central bank has agreed to fund up to $30 billion of Bear Stearns' less liquid assets. Risky bets on securities tied to subprime mortgages -- loans given to customers with poor credit history -- crippled Bear Stearns, the nations' fifth-largest investment bank.Hell, no. $30,000,000,000 of our money goes to guarantee the purchase of Bear Stearns because they were incompetent greedy bastards and have 'less liquid assets'? That's just outrageous. Why are we providing our money to help one business acquire one grossly incompetent business?
We can't fund programs helping our veterans.
We can't fund programs that give children insurance.
But over one damn weekend, we find $30 billion to fund greed. It's ridiculous. Pathetic enabling crap.
And it's money wasted, completely wasted. Just like the billions poured down the gullet of Detroit. Because you pull the Band-Aid off slowly or quickly, we're trying to allow these people to feel no pain, when pain is exactly what they deserve.
On a really sad note, Tom and Steve Hilton from If I Ran The Zoo are experiencing the physical loss of their father after the recent loss of their mother. My heart goes out to the guys (we've shared a few beers, which was cool because one of them lives on the other side of the country) and hope that this next few days and months eases the pain and returns the happy memories of childhood. And Steve per one of our conversations, another good one is "when you get to the dead skunk, turn right. Quickly."
Oh no, it's that green drinking day. Again. Just without the music, Guiness or soda bread but I am making the non-tradtional Corned Beef and Cabbage, otherwise known as a New England Boiled Dinner.
Don't you wish you owned gold instead of dollars? I own neither, but I can dream. This is going to be a really bad roller coaster ride. Like one of the ones where the majority of riders gets killed. It took a lot for me to ride Revolution at Six Flags after watching that movie.
Speaking of movies, I watched Waitress a few weeks ago, I had put it off because I knew it was going to be painful to see all that talent go to waste. What a great movie and what a supreme loss of talent. Adrienne Shelly definitely had a lot to contribute. Nathan Fillion wasn't bad either.
3Bs
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