WTF

[digitaldiscipline]

http://dailykos.com/storyonly/2008/10/1/10453/2389/196/616108

Seriously? Seriously?

I'm listening to the smart folks on my flist who explain why letting shit collapse might be a bad thing (yeah, I haven't finished stocking up on dry and canned goods yet, but I've started), but the ongoing disconnect here, coupled with what marchenland wisely observed yesterday (to wit, paraphrased: "I don't feel like we're getting the whole story here; nothing moves this fast, with so much pressure out of nowhere, without the public being left very seriously in the fucking dark about something behind the scenes that's probably really fucking important.")....

Yeah, I'm one of those angry constituents who don't want a bailout passed yet, and I think I've got a good case for my reservations.

Additional bitchery: http://www.salon.com/opinion/greenwald/2008/09/30/bailout/

Or, as I said elsewhere via IM: ELECT ME GOD AND GET OUT OF THE DAMNED WAY, PEOPLE.

Comments

[ruefullyamused.livejournal.com]

An extra layer of suck to this whole "I support/hate the bailout" thing is that I've got friends I hold dear who will suffer without the bailout. Their parents will suffer without it. I hate that. I hate opposing something that might them. But I've got the unfortunate and peculiar situation of a) being parentless, b) being "poor" (certainly nowhere near the $70k/year mark and trashed savings/credit), c) not having stock investments outside of my 403(b) and d) not being encumbered with a mortgage or car note. That *only* leaves me the "long view"...what I think is actually good for the country. I have no way of knowing if I'm right. I just know my thinking is clouded by things other than my personal situation.

It sucks that what may be good for the country hurts *everyone* significantly because of what "we" collectively, GOP, Dem and everything in between, have allowed to be done in our collective name.

I think letting the investment banks and whole swaths of Wall St collapse will be a bad thing. I also think we need this bad thing to happen. There's no correction in the market until it does. And I'm not convinced all stocks will suffer in the long run. As much as all this sucks, it can still be an opportunity for many. As for those of my friends and their families who get caught in the sausage grinder, I can only hope (and will do whatever I can to help whenever I can, as I'm sure we all will) they can rally and find such assistance as they need.