Thursday, October 2, 2008

Economic Bailout Boogaloo

Wow, 700 billion dollars. That is a hell of a lot of money. To put it in video game terms (for those of you who are familiar w/ EVE online) that much money could buy you a Titan. Which is a spaceship the size of some planets. Our elected officals are pissed that the american public is actualy fighting them on this. By some reports more citizens called and/or mailed their congresspeople than ever before. That is saying something, when our society is largely based on lazyness.

Anyway, as to the bailout plan itself, its terrible. Don't get me wrong, there are some good bits in it (yes I have actually read the thing.../shudder); but its mostly bad. Jay Leno said it best, "Here's the way a bailout works. A failed president and a failed Congress invest $700 billion of your money in failed businesses. Believe me, this can't fail." Riiiggghht, sounds pretty awesome to me what about you? All kidding aside though, something has to be done but it must be done by 'We the People', not the federal government. However, given the state of our current society; I think we're doomed if we rely on people actually taking personal responsibility for themeselves.

Even if this bill passes, no one is guaranteeing that it will work. In fact most experts will tell you that this bill sucks and it has maybe a 50/50 chance to work. But, they say, something has to be done rather than nothing. So they are taking the chance and throwing the dart. We're either going to hit the bullseye or its goint to riccoche off the wall and land in someones beer. I'm hopeing for the bullseye, but preparing for the spilled beer.

Sometimes though, I do entertain the thought of hoping for an actuall economic collapse or our military just up and leaving Iraq and Afganastan etc... What would the world be like? Would it be just a clensing fire and eventually a new "Greatest Generation" will rise from the ashes? Or will it be the collapse of a great power like Rome, to be replaced by a new dark age?

2 comments:

Schwah said...

i say piss on our government and move to mexico or canada or some other foreign land where they have there shit in tact and dont have to worry about this, we have and are borrowing soo much money our american dollar is damn near worthless and i sense a depression in the near future. probably more near then we all may think.

Kimpak said...

Mexico wouldn't be a very good idea. If you think things are bad here, then its a disaster down there. No, I think the US will be fine, it just might be a few years.