We’ve bought another 72 hours

I have to say that Americans are making history – America is pulling a Howard Beale and shouting, “We’re tired as hell and we’re not going to take it anymore!” Hundreds of thousands of Americans woke up yesterday (finally)  and decided to take action and revolt against the bill that everyone said would pass. Millions of people jammed the lines with their phone calls and emails just to give their two cents, their feelings on this entire bailout bs. The politicians didn’t see it coming. We’ve finally found our moxie….we’re coming together as a community. 

It was a rare historic moment. Not only is the president not being backed by his party which says a lot,  but the bill supported by both parties went down in defeat. The people are shouting loud and finally being heard.. we are having an impact and this is huge.  

Forty percent of Democrats and two-thirds of Republicans voted against the bill: a 228 vote to 205. 

Why do you think the parties are banning together? Gee do you think the repugs are just a tad scared they are going lose their seats in the house? A bit nervous that up to 30 seats could be lost and their big plans would go down the toilet?  Just maybe…if they act like they are on the side of the people and not on the side of our president, just maybe they might save their asses and their agenda’s.  These are the same repugs who  backed the war, put our country into debt, and voted out any and all regulations that would make the Wall Streeters accountable for this economic mess that were in. Yep…these are the same repugs who are now standing up for main street. Or….do you think that Bob is correct when he commented yesterday that the anonzs of the world own the repugs – Anonz stated he was not for the bailout. Hmmm…

And the Dems?  Well from what I read, some of them who voted for the bailout were in fear just like many of the people. So…did their fears showed up yesterday when the market dropped in the Dow, the largest drop in history of the New York stock exchange?  The news media screamed it was disastrous – 1.2 trillion dollars lost in the stock market. People will lose jobs, say goodbye to retirement funds  and stock-based pensions. 

But ya know what? When you stand up for what you believe in some people are going to get hurt financially, some people are going to lose their jobs. Nothing really worth fighting for comes easy or for free.  Freedom and the right to fight for our freedoms has a price. We have stood up to our government, albeit it has been a really long time since we have shouted like this, but we have finally woken up from our sleep. 

And as far as Wall Street is concerned…nobody really lost anything.  Stocks go up. Stocks go down. And throw in my fav motto this year…’And this too shall pass.’  We all know that the anonzs of the world are always going to make money.  The rich will buy low, hold, then sell off and buy low again. Bailout or no bailout, they will be reaping the profits and continuing to fleece. It just is what it is. 

So why do you think the bailout didn’t fly? 

This is what I found out. The bill didn’t favor the average American – check it out:

1. The bailout bill had NO enforcement provisions for the so-called oversight group that was going to monitor Wall Street’s spending of the $700 billion;

2. It had NO penalties, fines or imprisonment for any executive who might steal any of the people’s money;

3. It did NOTHING to force banks and lenders to rewrite people’s mortgages to avoid foreclosures — this bill would not have stopped ONE foreclosure!;

(Remember when I said yesterday that they would ‘try’?) 

4. It had NO teeth anywhere in the entire piece of legislation, using words like “suggested” when referring to the government being paid back for the bailout;

5. Over 200 economists wrote to Congress and said this bill might actually WORSEN the “financial crisis” and cause even MORE of a meltdown.

Lastly, I have to add this video. Rep. Marcy Kaptur stood up and said it all – You have got to watch this. She calls it the latest ‘reality game’ called: ‘Wall Street Bailout”.  She is so right on. 

We’ve bought another 72 hours.  Continue to voice your opinion. The fight isn’t over yet.

Readers:  You know I want to hear your thoughts. To all my international readers…c’mon now, do you still think we’re all that stupid? You have to admit…this is getting good.

Peace out. 

Gratefully your blog host,

michelle ♥

Aka BABE: Your Bad Ass Bitch Editor

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If Congress passes the bailout, what will it mean for the taxpayers?

Bush says, “Without this rescue plan, the costs to the American economy could be disastrous,”  Isn’t it already? But wait….Remember what AH said? It really isn’t a crisis. If no action was taken would we seize up and spiral into a recession, or is that just the badmin inducing more fear into the minds of the Americans to get their hands on the money? We’ve been informed that it is the latter…that it is all a tactic to scare the masses. Remember what AH said the American people stand to lose? Let me repeat:

1. His bank account.
2. His mutual fund or money market account;
3. His 401K or other retirement investment;
4. His ability to borrow money;
5.His employment because his employer can’t borrow money. That’s it folks. That’s all the risk the average person has in this pot. 

And AH gave several solutions to the average person’s loss to protect yourself them from losing in those 5 areas above. So it’s really not as bad as they want us to believe.  But of course they have to make us think that we are in a crisis so they can move forward with the bailout.  

“If we do not do this, the trauma, the chaos and the disruption to everyday Americans’ lives will be overwhelming, and that’s a price we can’t afford to risk paying,” Sen. Judd Gregg, the chief Senate Republican in the talks, told The Associated Press. 

Again, more scare tactics. Hello! Wake up…American lives are already disrupted; they are already traumatized by the one fact that they are standing to lose their home if they haven’t already? It can’t get much worse for many? Again, look at the above list. Believe me, if this didn’t happen to the Wall Streeters, and it was business as usual, all of the Americans who are loosing their homes and needing to be bailed out would not be given a second thought.  We’d be hearing the same same that they touted before the fall, ‘You should’ve been more responsible. You shouldn’t have tried to purchase a mortgage that you knew you couldn’t afford.’ 

Forget the fact that they knew you couldn’t afford it, but gave it to you anyway and could care less whether you were able to ever make the payments. Forget the fact that they knew these low interest rates would eventually lead to this. Forget that there was lack of regulatory enforcement of any laws.  The Federal Reserve was warned about the effects of lack of regulation several times over the last expansion. So you might as well forget too that In 2001, a senior Treasury official, Sheila C. Bair, tried to persuade subprime lenders to adopt a code of ‘best practices’ and to let outside monitors verify their compliance. Guess what? None of the lenders would agree to the monitors, and not surprisingly…many rejected the code itself. Even those who did adopt those practices, Ms. Bair recalled recently, soon let them slip.  

It was all about greed. These people saw it coming but all they wanted to see was all of the money they were making at the expense of the American home buyers. Household debt exploded.  It increased from $7.6 trillion in 2001 to $14 trillion in the second quarter of this year. That’s a huge increase. And..most of it was mortgage debt, which increased from $5.3 trillion to $10.6 trillion over the same time period. All of that debt had to go somewhere — namely the balance sheet of every financial company on the planet.

So…If Congress passes the bailout, what will it mean for the tax payers?  

“This isn’t about a bailout of Wall Street, it’s a buy-in, so that we can turn our economy around,” said House Speaker Nancy Pelosi, D-Calif. But will it?  I’m not sure that I buy that statement. I mean our government will be the ones who take over these huge devalued assets….our government..you know the ones that are screwing us right this moment.  I don’t trust our current badmin. I don’t trust that they will act in the best interest of the people and our economic state.  They haven’t in the past, why would they now?  

So this is part of the proposed plan: 

Let Bush only have half and they’ll make him jump through hoops before using it all. Yeah okay.  Since when does Bush jump through hoops? We know he doesn’t follow the rules. He does what he wants to do. (Or what God tells him to.)  And after the initial $250 billion all he has to do is certify that another $100 billion is necessary, which we know he will come up with something to deem it necessary. Any bets on how long that will take? And the $350 billion balance?  Sure, he needs a separate certification subject to a congressional resolution of disapproval, but that’s easily resolved: Bush can veto the resolution.  I’m sure his plans are to have it all in his greedy little hands asap, and this piece-mealing is just a bunch of BS to make us look like they have a plan and that they are really concerned about using it wisely. Uh huh. 

Okay so what else is proposed in this plan?

• ‘The rescue would only be open to companies who deny their executives “golden parachutes” and limit their pay packages. Firms that got the most help through the program _ $300 million or more _ would face steep taxes on any compensation for their top people over $500,000.’
  
• ‘The government would receive stock warrants in return for the bailout relief, giving taxpayers a chance to share in recipients’ future profits.’  

But this is what really caught my eye:

• ‘To help struggling homeowners, the plan would require the government to try renegotiating the bad mortgages it acquires with the aim of lowering borrowers’ monthly payments so they can keep their homes.’ 

Okay the word to focus on here is the word ‘try’.  Our government is going to be in control of these loans and they are going to ‘try’ renegotiating the bad loans so that homeowners can keep their homes.  I don’t know about you, but our administration has been fucking us for the last 8 years and quite frankly they are the last people on earth I would trust to ‘try’ and save my home.  How about just making a commitment  and doing it – there is no try, just do it. They are not innocent in this mess. It was their greed in the first place that got our economy in the state that it is in.  They know how to bulk up their own pockets by using what ever means necessary.  How about doing whatever is necesssary to help the home owners? My bottom line: Fix it.   

Their bottom line: Our governement wants to rescue the super rich from falling flat on their asses.  Our government is scrambling to resolve this issue – where was the scrambling when the average american was falling on his ass? Oh…but the super rich are much more important  than the average American. ‘These corps are the livelihood of our economy, they must be rescued!’ – yeah more like their BFF’s at the old boys club. 

I know this plan is probably going to pass but I still say, ‘Screw them, let the wall fall.’ The $700 billion is going to effect us big time no matter who is in the White House. Oh and the super rich? It’ll just be more money in their pockets and they’ll continue to do what they do best – fleece the stupid Americans over and over again. 

Readers: Thoughts? Comments?  Join in on the convo – blog me. 

Oh Zen Lill: I am so sorry to hear about Ziggy. I’ll call you later this aft. 

Gratefully your blog host,

michelle ♥

Aka BABE: Your Bad Ass Bitch Editor

For archives dated before January 17, 2008 click on my Blogroll:

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O-BA-MA!

Good Sunday Morning! 

I thought that I would post this video that Doug sent me from the community of dipdive. Zoe Kravitz is the mastermind behind it and I think it is brill….so inspirational. I thought you, my readers would enjoy it. Perfect for beginning the week on a high note. 

Hi Doug:  Oh I wish he had said that to McCain. That would’ve started the debate off with Obama in the power position, and McCain with his undies in a bundle or is it ‘Depends’? Oops that was mean and disrespectful…Hmm…kind of like the way he acted towards Obama. 

Hi Zen Lill: Thanks for the sweet wishes!

Nora, Ling, Songa, Edward:  It is hard to disagree with you and most of your comments. When I try to be an outsider looking in at all of this, it is embarrassing how we are viewed. Yes, many Americans are stupid. I was talking to my aunt yesterday who is 80 years old and she had basically the same words to say about Palin and McCain and the fact that Americans are so stupid. Hearing the words, ‘Americans are stupid’ coming out of her mouth surprised me, but she was so correct. Hmm…I have to say, hearing the words ‘Americans are stupid’ used to bother me. Now I am getting used to it rolling off of my tongue. It is a fact that can not be denied. 

And let’s hope that what Anon II, the ‘Whistle Blower’ said about voter fraud won’t happen.  The repubs have proven that they will try and do anything to hold their position of power….another thing to react to, another thing to try and prevent.  It is starting to feel like a war between the two parties and the little bag of tricks are being pulled out one at a time. Let’s hope that we’re not stupid enough to put McCain and Palin in the White House or worse yet, do nothing, if they end up there because of voter fraud.  Time to smarten up or we will really be screwed.

Okay…I am ending it here. 

Readers: Feel free to chat amongst yourselves as you wish.  See ya on the flip. 

Gratefully your blog host,

michelle ♥

Aka BABE: Your Bad Ass Bitch Editor

For archives dated before January 17, 2008 click on my Blogroll:

or click here: “A Day in the life of…”

All content on this site are property of Michelle Moquin © copyright 2008

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The Presidential Debate

Good Morning! 

So…I am sure that all of you watched the Presidential debate last night – yes? Thoughts?

I found that McCain kept referring and quoting the past with not much of any plan for the near future, as if what he supported in the past 8 years has done any good for the people of the United States. Not much more than bunch of balloon juice in my opinion. Not to mention the fact that his body language and attitude needed a major adjustment. He didn’t look at Obama once, even when prodded by Jim Lehrer. 

Obama, on the other hand, kept bringing it to the present moment, sharing with us his concrete plans of exactly what he was proposing to do. His responses were thoughtful and knowledgeable. One of his strongest moments to me, is when he went off on Iraq and kept repeatedly telling McCain that he was wrong about war, “John, you like to pretend the war began in 2007.” (I posted the video just in case you wanted to see that segment a second time.) Obama was relaxed, confident, and gracious, but was he too nice? Did he say that ‘John was right’ too often? Or it that a sign of a true leader? You tell me. 

I thought there were some other highlight moments, and I have a few more thoughts, but I’ll refrain. I’d rather hear from you on your thoughts. I’m sure you have plenty to say. Blog me.

Anonz:  No Need to be sorry. I get your drift. :)

How blessed you are to be in friendly, caring relationships with your past loves. Unfortunately, my past relationships, which were a long time ago, were not that mature so the opportunity to have what you enjoy was never really there to begin with.  I too am sorry that you have experienced such losses. 

As far as your observation of me…Thank you for the appreciation and the compliment. 

Doug: If you were the jealous type you hide it very well. :) Thank you for giving me your unwavering support that gives me a platform to learn and grow. 

ZL: I had to laugh because when Doug and I first started going out, people would think that they had met Doug before because he resembled the man in my last relationship, even though if you put them side by side they would be very different. There was a few uncomfortable moments but Doug handled them like a gentleman. 

Time to sign off. It is our 11th anniversary and we are celebrating all weekend…champagne….dinner…dancing……

Have fun too in whatever you do!

Gratefully your blog host,

michelle ♥

Aka BABE: Your Bad Ass Bitch Editor

For archives dated before January 17, 2008 click on my Blogroll:

or click here: “A Day in the life of…”

All content on this site are property of Michelle Moquin © copyright 2008

" Politics, god, Life, News, Music, Family, Personal, Travel, Random, Photography, Religion, Aliens, Art, Entertainment, Food, Books, Thoughts, Media, Culture, Love, Sex, Poetry, Prose, Friends, Technology, Humor, Health, Writing, Events, Movies, Sports, Video, Christianity, Atheist, Blogging, History, Work, Education, Business, Fashion, Barack Obama, People, Internet, Relationships, Faith, Photos, Videos, Hillary Clinton, School, Reviews, God, TV, Philosophy, Fun, Science, Environment, Design, The Page, Rants, Pictures, Church, Blog, Nature, Marketing, Television, Democrats, Parenting, Miscellaneous, Current Events, Film, Spirituality, Obama, Musings, Home, Human Rights, Society, Comedy, Me, Random Thoughts, Research, Government, Election 2008, Baseball, Opinion, Recipes, Children, Iraq, Funny, Women, Economics, America, Misc, Commentary, John McCain, Reflections, All, Celebrities, Inspiration, Lifestyle, Theology, Linux, Kids, Games, World, India, Literature, China, Ramblings, Fitness, Money, Review, War, Articles, Economy, Journal, Quotes, NBA, Crime, Anime, Islam, 2008, Stories, Prayer, Diary, Jesus, Buddha, Muslim, Israel, Europe, Links, Marriage, Fiction, American Idol, Software, Leadership, Pop culture, Rants, Video Games, Republicans, Updates, Political, Football, Healing, Blogs, Shopping, USA, Class, Matrix, Course, Work, Web 2.0, My Life, Psychology, Gay, Happiness, Advertising, Field Hockey, Hip-hop, sex, fucking, ass, Soccer, sox"

Tuesday Talk

We’ve been talking politico a lot on this blog, giving it more time than I thought I ever would. Most of it has been in regards to the candidates, and of course we’ve been enlightened in many ways to say the least , but there are other things keeping my mind occupied these days too.  

I’ve talked about my passion for the animals many times. The livelihood of animals is always on the forefront of my mind and although I haven’t been so verbal here lately, I have been busy.  Last weekend I worked the farmers market informing people about Prop 2.  And last night,  I donated a couple of hours, ( and volunteered Doug too: ) making phone calls at the Democratic office downtown confirming voters support of Obama and the democratic party, and informing them on Prop 2.  And lastly, ending the call with the voters confirming that they will vote Yes on Prop 2.  It’s a California thing, but an important one.

So what is Prop 2? Prop 2 is simply a very modest measure to ensure that farm animals are treated humanly by giving them more room to stretch their legs, turn around, lie down, or spread their wings. Simple, and really not much to ask for. Thankfully everyone I spoke to thought the same. It felt good to give my time to something that is important to me.

I don’t have much time this morning to elaborate but I promise it won’t be the last time that I bring this up.  

I just have to add before I sign off, that waking up this morning and reading the comments between anonz and Tom…well I am not sure what to say. Doug and I talked briefly this morning. I don’t know what is worse…getting fucked, not knowing what and how it is happening or how to prevent it….or getting fucked and having a play by play account of it all and still not know how to prevent it.  Ignorance is bliss but I think I’ll choose the latter.  

The image of a game board comes to my mind.  This world is really just a big game board and the name of the game is ‘life’.  The prize, the motivating factor, is money and the overwhelming desire to attain as much of it as one can. There are a few major players, (the bills) and the rest, well the rest, are just insignificant in the big picture of it all.  Sure, they players need to get as many insigs as they can on their team but really they are just pawns to play with and use as they see fit. The one with the most money wins. The funny thing is, is that the game never ends because no amount of money is ever enough. And the game continues…

Readers: As always, feel free to comment. I’m outta here…

Gratefully your blog host,

michelle ♥

Aka BABE: Your Bad Ass Bitch Editor

For archives dated before January 17, 2008 click on my Blogroll:

or click here: “A Day in the life of…”

All content on this site are property of Michelle Moquin © copyright 2008

" Politics, god, Life, News, Music, Family, Personal, Travel, Random, Photography, Religion, Aliens, Art, Entertainment, Food, Books, Thoughts, Media, Culture, Love, Sex, Poetry, Prose, Friends, Technology, Humor, Health, Writing, Events, Movies, Sports, Video, Christianity, Atheist, Blogging, History, Work, Education, Business, Fashion, Barack Obama, People, Internet, Relationships, Faith, Photos, Videos, Hillary Clinton, School, Reviews, God, TV, Philosophy, Fun, Science, Environment, Design, The Page, Rants, Pictures, Church, Blog, Nature, Marketing, Television, Democrats, Parenting, Miscellaneous, Current Events, Film, Spirituality, Obama, Musings, Home, Human Rights, Society, Comedy, Me, Random Thoughts, Research, Government, Election 2008, Baseball, Opinion, Recipes, Children, Iraq, Funny, Women, Economics, America, Misc, Commentary, John McCain, Reflections, All, Celebrities, Inspiration, Lifestyle, Theology, Linux, Kids, Games, World, India, Literature, China, Ramblings, Fitness, Money, Review, War, Articles, Economy, Journal, Quotes, NBA, Crime, Anime, Islam, 2008, Stories, Prayer, Diary, Jesus, Buddha, Muslim, Israel, Europe, Links, Marriage, Fiction, American Idol, Software, Leadership, Pop culture, Rants, Video Games, Republicans, Updates, Political, Football, Healing, Blogs, Shopping, USA, Class, Matrix, Course, Work, Web 2.0, My Life, Psychology, Gay, Happiness, Advertising, Field Hockey, Hip-hop, sex, fucking, ass, Soccer, sox"