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Across the Fence:  bail out  |
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miss wilma
True Blue Farmgirl
3410 Posts
Wilma
Knob Lick
Ky
USA
3410 Posts |
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palmettogirl
True Blue Farmgirl
571 Posts
sue
camden
south carolina
USA
571 Posts |
 Posted - Oct 14 2008 : 11:05:18 AM
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| no, i don't think it will help. as to who it will affect??? unfortunately the middle class who are gonna get stuck with higher taxes. the candidates say they are going after "the rich", but those people have expert accountants and it seems, lots of "loop holes". i also think a lot of the problem is with this made-up, created $$...and those dirivitives? until it actually falls back to actual/realistic market value, and wall street stops with those "hedging your bets" futures-type of stock/gambling, i think we're in trouble. on the other hand, i think if you don't own stock, i don't think it will be so bad. |
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ruralfarmgirl
True Blue Farmgirl
4309 Posts
Rene'
Prosser
WA
USA
4309 Posts |
Posted - Oct 14 2008 : 11:19:34 AM
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Miss Wilma,
I guess I find myself wondering why it would make sense to give "Money" to the same people that didn't manage it before. I hope that I am wrong but something tells me it like sticking a wad of gum in the cracks to repair a dam.
Rene~Prosser Farmgirl #185
http://farmchicksfarm.blogspot.com/
You only live once, but if you do it right, once is enough.
Mae West
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Miss Bee Haven
True Blue Farmgirl
4331 Posts
Janice
Louisville/Irvington
Kentucky
USA
4331 Posts |
Posted - Oct 14 2008 : 11:38:02 AM
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Yes, Rene, I wonder the same thing, myself. Why should we throw good money after bad?
Farmgirl Sister #50
"If you think you've got it nailed down, then what's all that around it?"
'Br.Dave Gardner' |
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miss wilma
True Blue Farmgirl
3410 Posts
Wilma
Knob Lick
Ky
USA
3410 Posts |
Posted - Oct 14 2008 : 11:44:52 AM
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Rene thats how I feel to,I wish they would let people like me and you dish out the punishment for what they have done to the american taxpayers.You know I came home from my wonderful little vacation and guess what was in the mail box. I had a hundred and seventeen dollar increase in my health insurance . So that means I have over a hundred dollars less to spend in other buinesses. I sweat when I have to pay 591.24 a month just for major medical. I bet those free loaders dont have to sweat for theirs.I think the bail out is just a little band aid for a serious wound
Farm Girl #96
http://www.picturetrail.com/misswilmasplace
http://misswilma.blogspot.com/ |
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ddmashayekhi
True Blue Farmgirl
4742 Posts
Dawn
Naperville
Illinois
USA
4742 Posts |
Posted - Oct 14 2008 : 6:04:38 PM
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Something has to be done, but I don't think this is the way we should have gone about it. All I can do is hope the politicians actually do their job and regulate how our money is being used.
Dawn in IL |
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kissmekate
True Blue Farmgirl
890 Posts
Kate
Delano
Minnesota
890 Posts |
Posted - Oct 14 2008 : 9:06:38 PM
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It's the lunatics running the asylum if you ask me.
But the powers that be, did not ask me-or any other average taxpayer. They knew better.
They did their own thing. I wish they would have let us vote on this bail out thing like we do to elect officials.
I would have voted a big fat NO. I would have also told those lying, greedy, cheating ---holes they made their beds, go lie in them.
I know deep down, the stock market is necessary, but come on, there are no checks and balances? There isn't someone, or some committee they have to answer to that could have prevented this whole mess?
What is wrong with these wall street execs, and CEO's?
Don't miss out on a blessing, just because it isn't packaged the way you expected. ~MaryJo Copeland |
Edited by - kissmekate on Oct 14 2008 9:11:48 PM |
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Past Blessings
True Blue Farmgirl
1083 Posts
Brenda
Orchard Prairie
WA
USA
1083 Posts |
Posted - Oct 14 2008 : 11:09:45 PM
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Unfortunately the bailout reminds me of the "enabling parent." A good parent learns that he/she needs to let the child experience failure and even a bit of pain in order to learn the hard lessons of life. An enabling parent (or as I have heard them termed, "helicopter parent")hovers over their child's every move, interceeding at every possible rough spot, never letting the child learn from their mistakes. I believe that is exactly what just happened with the bailout bond. No one was made to learn any lesson. We put a band aid on, but ultimately caused further injury down the road . . . enlarging our debt while not learning from our mistakes. And the saddest part of this, is it will be our children and grandchildren who will pay the price of our selfishness.
Hugs & blessings,
http://pastblessings.blogspot.com
Brenda
Past Blessings . . . Celebrating Life as it used to be . . . when people loved God, loved their families and loved their country. |
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Betty J.
True Blue Farmgirl
1403 Posts
Betty
Pasco
WA
USA
1403 Posts |
Posted - Oct 15 2008 : 12:21:47 AM
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I think GREED is driving the whole thing. If it weren't for folks trying to have more than they could afford, I don't think we would be where we are in this mess.
The rich will get richer and the poor or the middle class will end up paying for it.
That's my thoughts and I'm sticking to them.
Betty in Pasco |
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lisamarie508
True Blue Farmgirl
2648 Posts
Lisa
Idaho City
ID
USA
2648 Posts |
Posted - Oct 15 2008 : 05:20:22 AM
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Brenda, that was my thought exactly. Like bailing your kid out of jail, paying all the fines and fees for them and what have they learned? Responsibility? No. Accountability? No. What NOT to do in the future? No. Why learn anything?...mom and dad will fix it. We've just created a big selfish, spoiled brat!
Farmgirl Sister #35
"If you can not do great things, do small things in a great way." Napoleon Hill (1883-1970)
my blog: http://lisamariesbasketry.blogspot.com/
My Website:
http://www.freewebs.com/lisamariesbasketry/index.htm |
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JessieMae
True Blue Farmgirl
702 Posts
Jessie
Raleigh
North Carolina
USA
702 Posts |
Posted - Oct 15 2008 : 06:52:11 AM
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| I agree with everything everyone here has already said. If I bounce checks, who bails me out? Nobody! Why should we have different standards for companies that basically do the same thing? |
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miss wilma
True Blue Farmgirl
3410 Posts
Wilma
Knob Lick
Ky
USA
3410 Posts |
Posted - Oct 15 2008 : 07:18:16 AM
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I agree with everyone to, I have hard enough time trying to take care of of my own money let enough having to take care of everyone else, Just about the time you think you can see a little light some one finds a way to spend it for you. I think one of the past post was to devy the bailout amongst the taxpayers,and let them spend it as it they thought best, well I sure would like that. You know it blows my mind how dumb the so called smart alecs are
Farm Girl #96
http://www.picturetrail.com/misswilmasplace
http://misswilma.blogspot.com/ |
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Jami
True Blue Farmgirl
1238 Posts
Jami
Ellensburg
WA
USA
1238 Posts |
Posted - Oct 15 2008 : 08:00:07 AM
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Betty, that greed monster is an ugly one but sure seems to be running the show, doesn't it?
To answer your question, Miss Wilma, I think the bailout is going to be helpful to Wall Street and the big banks...benefiting big business/investors and CEO's there and I'm hoping it will help my 401K come up out of the toilet eventually so I can contemplate retiring someday but I just am not sure if this will happen.
Jami in WA
Farmgirl Sister #266
http://woolyinwashington.wordpress.com/ |
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ruralfarmgirl
True Blue Farmgirl
4309 Posts
Rene'
Prosser
WA
USA
4309 Posts |
Posted - Oct 15 2008 : 08:29:35 AM
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If you have noticed our "Queen Bee's" tag line it says "Recession is capitalism's way of getting you to grow a garden".... I love that! This whole financial "mess" has really made me want to be more proactive... save more (although I have to tell you I back to wanting to stuff it under my mattress), Grown my own food and plant more and more fruit and nut trees...and shop local. I love the idea that my $$$ goes to helping my neighbor and not some Corporate Giant. I am sewing more, repurposing more, and being more creative and productive.. So in the big scope of things, for the things we can change, lets change... which by the way means voting as well. I refuse to be a victim ~ to me it isn’t the farmgirl way~
Miss Wilma~ the health insurance thing makes me nuts ~ Even with the high policy payments, you get very little in "care" for the $$$ spent and this is certainly an area that we need to "fix". Of course there is something to be said for finding the local Doc and trading free range chicken eggs and other home made yummies for a Doctor's visit.....
But the whole thing smacks of "having the coyotes watch the hen house" to me~
Rene~Prosser Farmgirl #185
http://farmchicksfarm.blogspot.com/
Mavens are "information specialists", or "people we rely upon to connect us with new information."[6] They accumulate knowledge, especially about the marketplace, and know how to share it with others
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miss wilma
True Blue Farmgirl
3410 Posts
Wilma
Knob Lick
Ky
USA
3410 Posts |
Posted - Oct 15 2008 : 09:02:38 AM
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Jami I hope for that to, Its so hard that we work our lives away and it handled so carelessly.Rene I am like you, we are cutting back big time . Food is no problem here but I worry about my children, I keep cautioning them but and hope they listen. If I had it to do over I would never have had the insurance we would have been so much better off putting it in savings. Maybe those coyotes better stay in Washington because we shoot them around here
Farm Girl #96
http://www.picturetrail.com/misswilmasplace
http://misswilma.blogspot.com/ |
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Jami
True Blue Farmgirl
1238 Posts
Jami
Ellensburg
WA
USA
1238 Posts |
Posted - Oct 15 2008 : 09:06:58 AM
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I agree, Rene. I certainly have found myself much more resourceful of late and this forum has been a big boost for me in getting "there." I am relying more on making do or doing without and going homegrown in all aspects of life. I've always been that way to a point but now sure am aggressively seeking out more repurposing and making my own stuff and relying on outside sources less. It's actually a very freeing way of life, as you all know already!
So, I guess there is a silver lining in this financial cloud and it's to take care of your own and be good to your neighbor...that's enough.
Jami in WA
Farmgirl Sister #266
http://woolyinwashington.wordpress.com/ |
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Jami
True Blue Farmgirl
1238 Posts
Jami
Ellensburg
WA
USA
1238 Posts |
Posted - Oct 15 2008 : 09:08:06 AM
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Oh, Miss Wilma---I shoot to kill when it comes to coyotes...but that's the sheep farmer in me talking! Zero tolerance.
Jami in WA
Farmgirl Sister #266
http://woolyinwashington.wordpress.com/ |
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Betty J.
True Blue Farmgirl
1403 Posts
Betty
Pasco
WA
USA
1403 Posts |
Posted - Oct 15 2008 : 09:21:53 AM
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Jami, my broker even used the word GREED. He has my IRA invested very conservatively, but all in all it has still lost a bundle. I'm retired and I'm still paying on my mortgage. That is the part that hurts the most. I certainly hope that something can be done about "universal" health care so that ALL folks can be cared for and so we wouldn't have to have fund drives to help others pay their medical bills.
Thanks for your response.
Betty in Pasco |
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Past Blessings
True Blue Farmgirl
1083 Posts
Brenda
Orchard Prairie
WA
USA
1083 Posts |
Posted - Oct 15 2008 : 10:24:43 AM
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Rene,
I so agree. Being pro-active is such a good direction. We need to learn to become more independent. Our country originally was formed for the sake of freedom and yet so much of our freedom has been given to voices in the government who are not echoing our thoughts or desires by any means. I think our best defense is to learn to stand on our own two feet and to help those around us to do the same. Kind of like helping the starving in third world countries. While bringing them food is great, how much better to bring them the seed and ability to grow their own for generations to come. So many of our younger generations have no knowledge of how to garden, cook, live frugally or even balance a check book. It is up to us to help lead the way for ourselves and the generations to come. Farmgirls unite!
Hugs & blessings,
Brenda
Past Blessings . . . Celebrating Life as it used to be . . . when people loved God, loved their families and loved their country. |
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knittingmom
True Blue Farmgirl
665 Posts
AnneMarie
Edmonton
Alberta
Canada
665 Posts |
Posted - Oct 15 2008 : 10:37:41 AM
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I'm from Canada so we're going feeling this as well. Unfortunatley people in North America in general have been spending money like teenagers with a platnium card and now are feeling the consequences. Money was lent to people who could barely afford it (yes that happened here too).
Is a bailout a good thing, not really. I agree it's like being an enabling parent. The ones who are going to get out with out consequences are the corporations and their CEOs, the ones stuck with the tab, the middle class who are already strained to begin with.
I agree with Jami that the siliver lining is to begin taking care of your own and be good to your neighbour.
But I think as individuals we have to take resoponsibility for our "stuffitis" and not having the paitience to save and pay cash instead of the credit mentality of have it this second and pay for it later.
This is also a good opportunity for all of us adults to teach our children about the importance of a "need" vs. a "want" and that if you want something to save for it and pay cash instead of getting it on credit.
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Jami
True Blue Farmgirl
1238 Posts
Jami
Ellensburg
WA
USA
1238 Posts |
Posted - Oct 15 2008 : 10:54:20 AM
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I can't say I disagree with anything anyone has said because we are on the whole "like minds" here on this forum. I am with you AnneMarie...paper or plastic...go with paper!  And I don't mean the grocery store choices either.
Jami in WA
Farmgirl Sister #266
http://woolyinwashington.wordpress.com/ |
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kissmekate
True Blue Farmgirl
890 Posts
Kate
Delano
Minnesota
890 Posts |
Posted - Oct 15 2008 : 10:55:55 AM
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Oh I have pounded into both kids that you save and pay cash for just about everything. I told them to NEVER get a credit card. They are way too tempting, and if you use it, you probably didn't really "need" what you purchased.
I hope they listened.
Both were amazed I don't have one.
Rene's post about being more proactive and creative and the fox watching the hen house was exactly what I was thinking.
Don't miss out on a blessing, just because it isn't packaged the way you expected. ~MaryJo Copeland |
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Jami
True Blue Farmgirl
1238 Posts
Jami
Ellensburg
WA
USA
1238 Posts |
Posted - Oct 15 2008 : 11:08:35 AM
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Kate, it sounds like you've not just talked the talk but have walked the walk and they say this is the best lesson is an example for your kids. Good job!
Jami in WA
Farmgirl Sister #266
http://woolyinwashington.wordpress.com/ |
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miss wilma
True Blue Farmgirl
3410 Posts
Wilma
Knob Lick
Ky
USA
3410 Posts |
Posted - Oct 15 2008 : 12:12:06 PM
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Girls the most of us that I have met and talked to on here are very self sufficent.The ladies I have met are the very best of parents.I feel sorry for anyone that has worked and tried losing their homes but when I think back thru the years how we did with out the finer things so we could have our dream farm. We worked and earned our way.We have never had any goverment help and dont want it now just let me take care of myself. When I had so many surgeries I had some try to get me to get disability and that is good if one really needs it but I could still work at something so I would not lie to get a ck.We do not spend our money for expensive restruants or all the other high living things. We have the best of food right here at home, and a good book or fishing pole makes me happy, shucks fishing dont cost me much because I can still dig worms and I love going dipping in the creeks for minnows. You know this dont make sense to me I have a good friend that built a new house 20 years ago, they are the same age as we are , well they have lived high on the hog now 20 years later with borrowing against their home they owe over 200,000 on a house that only cost 90,000. Now they are trying to sell it and cant. In my opinion having a roof over my head is the most important tning . I had rather live in a two room shack than to have something I couldnt pay for.I am so thankful I was raised to be able to survive on my own. The very worst thing I could imagine if Sterl goes before I do is to have to marry an old slobber face man to take care of me. You know there are some women that couldnt get in out of the dark by them selves but not us farm girls
Farm Girl #96
http://www.picturetrail.com/misswilmasplace
http://misswilma.blogspot.com/ |
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K-Falls Farmgirl
Chapter Leader
2096 Posts
Cheryl
Klamath Falls
Oregon
USA
2096 Posts |
Posted - Oct 15 2008 : 12:37:28 PM
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It goes without saying............ but I agree with you all.... Here Here!
http://www.k-fallsfarmgirl.blogspot.com/
Cheryl #309
Farm girl sister
Keep life simple, to Simply live. Life is too short to worry about it. |
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Jami
True Blue Farmgirl
1238 Posts
Jami
Ellensburg
WA
USA
1238 Posts |
Posted - Oct 15 2008 : 12:37:36 PM
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Miss Wilma...I'm sorry to laugh but that slobber faced man comment about made me fall off of my chair! What a vivid comment...and kinda scary too.  Ewwwww.
Jami in WA
Farmgirl Sister #266
http://woolyinwashington.wordpress.com/ |
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Across the Fence: bail out |
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bail out
