Ok, so I didn't watch it live. I didn't even bother reading the transcript, but the fact that the GOP is howling mad that it was "too partisan" means it's probably a good start.
Ok, so I didn't watch it live. I didn't even bother reading the transcript, but the fact that the GOP is howling mad that it was "too partisan" means it's probably a good start.
I listened to it. I was not impressed by any attempts to actually solve problems. I was total partisan finger pointing, as everything from both sides always is.
It's kind of sad... I've started giving up on the likelihood that this country remains great and can stand proud for its existence. No matter who is driving, we will not be driving towards the life's that our grandparents and parents had. Their freedoms, their ability to achieve, nor their ability to live freely without fear of retribution from within.
It's just sad that people can't set aside the 'me, me, me' and look heavily into the us (as in US). Everyone has their hands in, nobody is willing to take less. Everyone is guilty; no one is innocent.
We're just rearranging the deck chairs at this point and nobody knows why they keep sliding around.
There are different levels of 'us'. I'm concerned about the 'there is no way for US to stand behind the promises we've made' description of 'us'. I'm concerned about the lack of communities helping within 'us', and the 'how many people have we pissed off that will haunt us in the future' us.
Healthcare 'us' needs to be had, but in a better manner. Tort reform + price disclosure pre-op in helathcare go a long way to make prices reasonable. Making co-pay and deductibles higher will reduce the overall risk to the providers, making insurance cost less.
There are lots of things that can be done for 'us', but nobody is willing to do anything about 'us'. It's about 'me' and how does [insert topic] benefit me.
There are lots of things that can be done for 'us', but nobody is willing to do anything about 'us'. It's about 'me' and how does [insert topic] benefit me.
Similar to how I feel about the environment with regard to oil, I think we should shower the money from Bernanke's proverbial helicopter while interest rates are cheap. No one will have the political will or firepower to cut defense and Medicare while there's not an urgent need, and the "haircuts" to the discretionary budget are mathematically irrelevant, damaging to those of us living in the real world, and unbelievably unfair considering the abuses of TALF, etc. that the elite continue to benefit from.
Will it be too late to fix things up by the time the rates climb and cataclysm is hinted at? Possibly. One might go even further and ask if waiting so long would be the rational thing to do, and the answer to that would be no. (Note the parallel: a carbon tax now might mitigate climate change but that's not going any place at all.)
But all that's just too damn bad, because meaningful change is not going to happen any other way. I wish that the religious nutjobs--the Christians, that is--would remain on the fringe until that day comes, but I afraid that's probably not going to happen, either.
Similar to how I feel about the environment with regard to oil, I think we should shower the money from Bernanke's proverbial helicopter while interest rates are cheap. No one will have the political will or firepower to cut defense and Medicare while there's not an urgent need, and the "haircuts" to the discretionary budget are mathematically irrelevant, damaging to those of us living in the real world, and unbelievably unfair considering the abuses of TALF, etc. that the elite continue to benefit from.
.
I am seriously debating leveraging the hell out of ourselves with low fixed rate loans. When rates go vertical, I'll just get some fixed bonds (non-govt) at high rates and pay peter by raping paul.
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