Sandhill Crane
posted by Chuck
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Saturday, July 23, 2011
Friday, December 17, 2010
Julian Assange looks a lot like Mr. Humphries...
posted by Chuck
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Thursday, September 25, 2008
Monday, September 22, 2008
Top 10 Sexy Costumes For Halloween 2008
posted by Andrew
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Wednesday, September 17, 2008
AIG Bailout
So the US government just gave AIG $85 BILLION to prevent them from going under. And they just put Fannie and Freddie in conservatorship too, how much did that cost? And NONE of it makes sense.
The Republicans like to talk about "trickle down economics." They feel if you give people more money to spend, they put it in the economy and strengthen it. Well, bailing out AIG and Fannie and Freddie etc are important things to do, we need those institutions to be healthy, but they did it wrong. They did that by giving it right to the corporations in trouble.
How about take $85 Billion and give it to the people who can't pay their mortgages to pay for their mortgages. Make loans to those people and send the money to the loan company. Those companies stay solvent, the homes don't go into foreclosure, the real estate values in the community don't sink, the people in those homes keep their lives in tact and have money to spend on their homes, kids, health care etc...
And then Fannie and Freddie stay solvent because they aren't writing off huge losses, and then AIG is in a better place because their investments in real estate derivative stocks don't depreciate and everyone wins.
Bailing out AIG or Fannie and Freddie helps those companies stay afloat, but the people who can't make the payments are still screwed and the problem doesn't end.
The Republicans like to talk about "trickle down economics." They feel if you give people more money to spend, they put it in the economy and strengthen it. Well, bailing out AIG and Fannie and Freddie etc are important things to do, we need those institutions to be healthy, but they did it wrong. They did that by giving it right to the corporations in trouble.
How about take $85 Billion and give it to the people who can't pay their mortgages to pay for their mortgages. Make loans to those people and send the money to the loan company. Those companies stay solvent, the homes don't go into foreclosure, the real estate values in the community don't sink, the people in those homes keep their lives in tact and have money to spend on their homes, kids, health care etc...
And then Fannie and Freddie stay solvent because they aren't writing off huge losses, and then AIG is in a better place because their investments in real estate derivative stocks don't depreciate and everyone wins.
Bailing out AIG or Fannie and Freddie helps those companies stay afloat, but the people who can't make the payments are still screwed and the problem doesn't end.
posted by Chuck
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Saturday, September 13, 2008
Doctor Reverend JoJo-Ma
We have a habit of registering JoJo for things online:
posted by Andrew
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Thursday, September 11, 2008
Billing
Wasilla was the only community in Alaska that was billing victims for rape kits. Billing for Rape Kits? What??
posted by Andrew
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Oil Industry
Ethics rules are supposed to be tight, but the problem is Those who break the rules aren't going to fill out any ethics forms.
posted by Andrew
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