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Finances, Money, and the Bailout

We’re all screwed. My IRA is lower now than it was in the Clinton Administration, and my house has been devalued by a stupid amount that makes my heart pound. The GOP just abandoned their president and their candidates McBush and FemQuayle.So here’s a thread for the financial crisis. How long before the politicians start praying for relief from a god (like the Alabama Governor prayed for rain)? It’s too bad we don’t have huge numbers of large buildings that are exempt from taxation for no reason. Then we could tax these buildings in a fair way and lower the burden on citizens. If only there was a huge and powerful sector of the economy that wasn’t paying its taxes AT ALL, that we could finally tax, and get immediate relief for the country. If only.

68 Responses to “Finances, Money, and the Bailout”

  1. avatar says:

    Comment from: What

    Fannie Mae, formerly a government agency, was converted to a private company and we get the expected outcome – failure.

    Comments like this validate your screen name….”What do I know”.

    How many government ideas are utter failures but are consistently funded?

  2. avatar says:

    r4d…by the way…

    How’s your band doing these days?

  3. avatar mxracer652 says:

    How many government ideas are utter failures but are consistently funded?

    That’s the big problem here.

    Also, Fannie & Freddie are quasi private/public entities. Sure they issue stock, but they’re meddled with by legislation & corporate welfare to subsidize their distortion of fair market value.

  4. avatar rainbows4dinosaurs says:

    phreedm,

    It’s just my wife and I now, which is fine. We’ve been working on new material, playing a few parties, and waiting for the smoking ban to take effect before hitting the clubs again.

  5. avatar what says:

    Mx

    I see you didn’t answer my questions and you keep returning to the same mantra. It appears that you are unwilling to defend the mantra. Is that the case?

    r4d

    When I used to play on the road the smoke was unbearable. It was one of the reasons I quit the music biz and went back to school.

  6. avatar rainbows4dinosaurs says:

    What,

    Yeah, the only thing good about the music biz is the part where you actually get to play music. Everything else is total shit.

  7. avatar DVanWechel says:

    Yeah, the only thing good about the music biz is the part where you actually get to play music. Everything else is total shit.I think that’s true for most creative endeavors where business has to be involved.

  8. avatar DVanWechel says:

    Blockquote screw up…

    Yeah, the only thing good about the music biz is the part where you actually get to play music. Everything else is total shit.

    I think that’s true for most creative endeavors where business is involved.

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