Let's Play "Wall Street Bailout"

[filkertom]

Let's give a big shout out to Rep. Marcy Kaptur, Democrat of the 9th District of Ohio.

Comments

[ericthemage.livejournal.com]

That is awesome.

[shockwave77598.livejournal.com]

*applauds*

Finally!! Someone who gets it. And has a good idea - if we bail you out, then we get part of your future profits, jack!

[unclelumpy.livejournal.com]

I wish you wouldn't call things like this to my attention. Hope makes me nauseous.

[gridlore.livejournal.com]

Wow. I called her Washington office. My cal was answered on the second ring and I let the person know how pleased I was with the Congresswoman's speech.

[lapislaz.livejournal.com]

Well, it's good to know that all of them aren't in the bag. She's got about as much chance of getting what she wants as a snowball in Hell, but you have to admire her guts.

[thatcrazycajun.livejournal.com]

Amen, sister! Thanks for sharing this, Tom. Even if she doesn't have half a snowball's chance in the ninth circle of Hell, at least she's put the truth before the Congress--and the public--so that they cannot say they were not warned. Nice to know invertebrate weasels like Nancy Pelosi and Harry Reid are balanced out in my party by people like Rep. Kaptur.

[sepdet.livejournal.com]

I'm not sure I'd characterize the following as total weasel-hood, though it remains to be seen whether she'll back it up:

"We will not simply hand over a $700 billion blank check to Wall Street and hope for a better outcome." -- Nancy Pelosi, New York Times (http://www.nytimes.com/2008/09/22/business/22paulson.html), September 21, 2008

[ebenbrooks.livejournal.com]

Quick question, not regarding this post: Do you ever make it out to San Diego or Southern California to do shows? Some of our local conventions, perhaps?

I'd love the opportunity to see you in person, and I've also been asked by some fans if there's any chance that you and I might do a show together.

Anyway, just "putting out the feelers", as they say. Thanks!

[filkertom.livejournal.com]

I'd love to. It's been awhile since I was in California -- ConSonance '02, I believe -- and, while I always have a great time and love seeing everybody, the travel sucks. I really can't do planes anymore, not because I won't fit but because [a] I have to lug way too much stuff -- CPAP, clothing, guitar, computer, stock, cart to shlep 'em on -- and [b] I hate hate hate flying. (Didn't used to, not as a kid. But now, oy.)

Before I got hurt, I was planning to be at CopperCon in Phoenix (my mom lives out that way) and had been approached regarding a house concert for right after. I've been beginning to plot how I might find a bunch of cons on consecutive weekends and just spend a month out that way, going up and down the coast. We'll see.

[danceswithlife]

San Francisco Bay Area!! We'd love to have you make it up here for a concert. Let me know if you want help finding a venue in the East Bay/Berkeley area.

[catnip13.livejournal.com]

I'd scout for venues out in Sacramento if you decided to do the grand California tour.

[lemmozine.livejournal.com]

Question: Wouldn't it be cheaper, and benefit the economy more, for the gov't to take over the loans of people being foreclosed, work out new arrangements with them, and help them to keep or sell their houses, much like they buy student loans from banks? How is bailing out the inflated felines and their silver parachutes going to help the economy? The thing that helps the economy is money in circulation, not people who own seven houses while simple folks like Ed McMahon are losing their homes to foreclosure.

[filkertom.livejournal.com]

The really strangely obvious thing that hasn't been said is: If you give the money to borrowers to pay off their loans, they get the money and then the banks get the money. I would think.

[lemmozine.livejournal.com]

Yes, that's true. See how the economy benefits when the money for the proposed bailout going through two hands instead of one? And this way, it isn't so much a bailout as a massive refi.

Easier to sell to the taxpayers, I would think. How much is that bailout per US resident? 900 billion is around $3000 each if the population is 300,000,000. That's so ridiculously huge we'll be paying for it the rest of our lives and then some, considering how many of these people are children or poor or both.

Where is this money supposed to come from? How is this bailout NOT going to wreck our economy more than the thing we're trying to fix?

[sepdet.livejournal.com]

Well, for one thing, Chinese banks which are in better shape are quite happy to have America in debt to the hilt to them. Leverage, y'know.

[admnaismith.livejournal.com]

Damn! And how come we didn't run HER for President?

Probably wanted someone from more of a swing state.

[hiddenriver.livejournal.com]

I didn't know we had our very own American Harriet Jones - cool!