I will be the first to admit that I know very little about money. I've taken the advice of many and invested in 401K and 403B plans, but in all honesty, I have no idea what they are. I just know what they are supposed to do for me in the future.
What I am smart enough to grasp, however, is that this most recent financial crisis is absolutely maddening. Two days ago both presidential candidates opposed any sort of government bailout of financial giant AIG. By the end of that day, when news was announced that the government was pumping almost $600 billion to bailout AIG, both candidates changed their tune, saying that it was necessary in order for our financial system to survive.
This morning news came that the government is also going to assume almost $500 billion dollars in bad bank debt, which was created when banks practically started giving away mortgages like candy. If you're keeping tabs here, that's $1.1 TRILLION dollars that the tax payers -- yes, that's you and me -- must now pay. Math proof time -- $1.1 trillion divided by roughly 301 million Americans equals about $3,650 extra that we are going to have to pay in taxes to clean up Wall Street's mess. Now, I don't know about you, but I don't have $3,650 just sitting around. How does the government suggest we pay this when gas prices are at record levels, the price to heat and cool our homes keeps rising, a gallon of milk is $4.50, and employers can't even promise to keep up with the COLA - or that you will even have a job next year - due to budget cuts?
This whole system just doesn't make any sense to me - and I consider myself a pretty smart person. Is there anyone in our government looking out for the average American? All I know is that a relocation to Switzerland is looking more and more appealing.
Showing posts with label politics. Show all posts
Showing posts with label politics. Show all posts
Friday, September 19, 2008
Wednesday, February 6, 2008
Perez Elects Next President

Also, newsflash for Sam Donaldson, who has been anchoring the news in some capacity for over 25 years -- The Internet was created decades ago and blogs aren't exactly a new technology. Is it really that inconceivable that Perez Hilton wrote a post about who he endorses for president AND one about a pregnant person -- in the same day!? Do you even know what a blog is?
After watching this video I have decided that I want to crawl in a hole loaded with Flight of the Conchords and How I Met Your Mother DVDs, Cheez-It's, and Sheryl's new album and not come out until this election is officially over. Can't we just have one day - just ONE day - where we don't have to hear how Perez Hilton elected the president or see Tim Russert blow his load all over the Today Show set because this race is just "so exciting?" Please? Ugh, I didn't think so. Hole, here I come.
Wednesday, January 16, 2008
Pick Flick!
If only I had the time and motivation to come up with something this brilliant! If you're an Election fan, starring Reese Witherspoon, you're going to love this video.
Thursday, January 3, 2008
A Caucus? In Iowa?

For over an entire year now, all the American people have been hearing about is how incredibly important the Iowa Caucus will be for the future of our country. I've been so sick of hearing about the caucus that I try not to even think about what is happening today. But, it seems that I can no longer put off thinking about this paramount event in U.S. history. Today, my little brain, already stuffed to the gills with useless information, finally woke up and cried, "What the hell is a caucus? And why in the hell is it in Iowa of all states?"
I went to ThisNation.com to find out the answers I've so desperately avoided knowing. Here's what I learned:
Iowa's process for choosing between presidential candidates is unique among the fifty United States. Every other state has a more traditional primary election in which registered voters can cast their ballots for the candidates they prefer. In Iowa, however, voters in each political party attend separate, small meetings, or caucuses, in towns and neighborhoods across the state. Caucuses are held at the precinct level in schools, fire stations and sometimes even in individual's homes (Say Whaaaa? I want a caucus in my house!).
At the caucuses, those in attendance indicate their support for the candidates competing for each party's presidential nomination. In the Democratic party caucuses, votes are cast by raising hands (are you f-ing serious?), a sign-in sheet (no, seriously...this can't be right) or by splitting into groups supporting each candidate (oh...I get it...it's KINDERGARTEN!). In the Republican caucuses, votes are cast by secret ballot (paranoid bastards).
The results of the caucus voting, however, do not directly determine which candidate will win the support of Iowa's voters for the presidential nomination (Oh, so it's pretty much pointless. Just as I thought.) Both party's state conventions are held in June. Only then, when state convention delegates cast their votes for delegates to the national party conventions, that Iowa's preferred presidential candidate's in each major party will be determined.
Ahhh, isn't democracy easy and fun? I can't wait to hear the explosive results of such a riveting event for the next week. Oh yeah, and I also found out that the caucus is held in Iowa because that state is lame, just like the caucus itself.
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