Posted on 10/05/2008 12:20:12 PM PDT by AFreeBird
Yes, funny, isn’t it, that after all the “trickle down doesn’t work” arguments, suddenly it is imperative to bail out “the money people” (and institutions) so “the people on Main Street” are supposedly helped.
I have personal experience with this, but from a different angle: The small company I worked for until recently was undergoing a major transition due to Chinese competition. The owner was plowing a lot of his own money back in, in an attempt to make it through that transition. But, essentially, he just ran out of money, and everyone was laid off. Now, I don’t know if we would have made it if he’d been able to keep more of his own money. But I can guarantee that we would have had a better chance if he had.
That NFL analogy is interesting. If I am the owner and the coach runs dangerous plays that get key players hurt, I’ll be looking for a better coach.
As for whom to blame, I understand your point. But, I think the average voter knows there is blame in many places. I think you have to be like Gov. Palin was in Alaska, and go after corruption wherever you find it, or voters will see you as “too partisan”. On the other hand, as I mentioned before, I did cringe to see Palin mention anyone outside of “Wall Street” only once in the VP debate. I suspect that is going to change, judging by McCain’s speech yesterday.
If McCain and Palin can push the point that what happened in the financial markets was largely caused by Congress, then this could become a very interesting election indeed.
I was sorry to hear about your small business experience. Not only in that everyone got laid off, but I agree with you 100% that had the owner had more capital-—here’s a guy willing to put his own money into the venture!-—the chance of surviving a rough patch would have been much greater.
All good points. Yesterday was completely gloomy everywhere, talk radio and so on. It seems the fact that there is an economic problem at all shifts support to Obambi and there is utterly nothing that can be done about that fact a few weeks before the election. However, we can’t give up!
I can’t even imagine how this will turn out if the Rats get total control of managing this crisis, which they will if Obambi wins-—the White House, enlarged majorities in House and Senate, and before too long the courts. And the MSM. Moreover, if times really do get hard, there will be domestic and global unrest, from riots to geopolitical agression to wars.
Have the pollsters ever been as wrong as they would need to be for them to be wrong about Obambi’s present likelihood of winning the presidency?
I tried to tape it, but I got an error message I think they blocked the signal somehow. Too bad, I really want to share this information with EVERYONE I know.
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