I’m not really big on gabbing about politics, in any medium, because it’s sort of like gabbing about the sports scores of last night’s game: it’s all fairly transitory and, in many cases, inconsequential.
But this Bailout business, it really irks me. I was relieved and happy when it didn’t pass the first time, grim when it DID pass the second time (and disappointed. America: If you vote no, we’ll keep badgering you until you vote yes). And then not surprised when articles started appearing pointing out that it bailed out WALL STREET, and the rest of the country needs to get its shit together on its own, so that the bailout will be a success.
It’s amazing how little bailing out this plan seems to accomplish.
My biggest problem with the bailout is this: It’s just going to make the problem worse. The reason we have a credit crisis, a housing crisis, a spices crisis, a Crisis In Outer Spaaaace, and whatever other crisis you care to name…is because nobody’s got any money. Bills aren’t being paid, because no one can pay them.
THAT’S yer problem right der.
Treating Wall Street is treating a symptom. Mostly, it’s just safeguarding a whole lot of people who are already making a big chunk of money more than most Americans (and I’m not even talking about company CEOs).
The thing the Bailout keeps talking about is that now, the financial industry can start issuing new loans and lines of credit.
That’s what started the problem in the first place.
All it’s done is ensured that now, I can take out MORE lines of credit which I will, in the future, not be able to pay off, because I lack the money I lacked in the first place.
It makes me nervous, for a further reason. Maybe I’m being a bit doom and gloom, but I don’t think so. I do think that when the bailout plan fails to magically fix the country, and when we vote in a new president, and HE fails to magically fix things…a lot of disappointed, angry people are going to take to the streets and riot. It’s what happens. People in power forget about the populus. They set up “proper avenues through which to make your issues known,” and then they stop listening to those too. And sooner or later, frustration boils over and people take to the streets. And THEN the people in power listen to the wrong message (oh, we need more police forces and government powers to stop this sorta rabble rousing).
I think all of this stuff makes now a fine time to 1) Move somewhere very safe 2) watch funny videos on the Internet, and 3) Pet a fuzzy kitty.
Honestly, if everyone pet a fuzzy kitty, the world would fix itself overnight.
There. We now resume your regularly scheduled muandring blog about nothing very much.