Tuesday, October 28, 2008

Double Standard

If you are one of those who do not think that we are being manipulated the powerful elite: I give you oil prices below $65. Weren't we told just last week that "Drill Baby Drill! was the best way to help bring down the price at the pump? Today I saw gasoline for $1.93 a gallon. Now, we haven't discovered vast new supplies of crude to explain this, Opec hasn't flooded the market, and the oil companies didn't start feeling guilty about gouging us over the last year. Nope, the only thing that has changed is those speculators that artificially pushed up the price per barrell are in the process of receiving nearly a trillion dollars from the United States treasury. Oh yeah, and the election is next week.

$700 + billion of your and my money needed to bailout failed financial institutions, of which $70 billion of it went to pay million dollar bonuses to the executives, $440,000 for AIG executive vacations, $250 billion more given to banks to help fund the buying out and mergers of smaller banks. A move that will ensure less competition among the banking industry, costing you and me more in bank services and interest rates. $25 billion for GM, Ford, and Chrysler. Is there no credit limit to the tax payer backed credit cards? Is there no interest rate? No APR? Where can I apply for this card?

Haven't we been told that we live in a capitalist society? Isn't the market place supposed to determine the success or failure of businesses? Why is the double standard being applied here? When a democrat encourages congress to cut checks for unemployment benefits. health programs, or welfare, it's called 'socialism" and "redistribution of wealth." These democrat Marxist want to take money out of the wallets of hard working Joe the Plumber and spread it to those who don't even pay taxes.

It's not the case when the Repubs want the checks cut. Oh no, McCain defended the bailout weekend on "Meet the Press" saying, "Because we are in a financial crisis of monumental proportions. The role of government is to intervene when a nation is in crisis."
Senator McCain, doesn't call it socialism or the redistribution of wealth, or even seem to be concerned about his latest adopted son, "Joe the plumber". Doesn't senator McCain realize that Joe's hard earned cash is being given to millionaires who have exercised poor judgement in the managing of trillions of dollars?!!

If American car manufacturers are in danger of going under, a large part of it is because of the unfairness of no tariff imports and partly because they are not modernizing their designs to keep up with the changing times . . . .how is giving them our tax dollars going to do anything but keep them a float for another year or so? As far as I can see there is no mention of any changes being made in their operations . . . only the infusion of my tax dollars.

Forgive me if I repeat myself in covering the topics of these blogs but, the ridiculousness of the way our country is being governed, financed, and manipulated has me in such a tizzy that I either have to vent in these posts or start a revolution! I'm just too old to start a revolution. Revolutions are a young man's game. Now if any of you more youthful disenfranchised patriots want to start one, I'd be more than happy to offer my services as a speech writer, protest sign painter, and I'll supply the duct tape to bind any captured P.O.W.s like maybe Paulsen, Bernanke, Greenspan, Frank, Dodd, Bush and anybody in congress that voted for the bail out . . . including McCain and Obama. (I'll suggest that we let Obama go if he promises to never do it again. Can't let McCain go because he's a repeat offender.. . remember the Keating 5)

DaG Out

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