If your foundation was cracked, and he begins to fall on your house, if you climb on the roof to be repaired?

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I think it’s a fair comparison, what is happening with all these “bailouts” and “stimulus.” I think this is absurd. Give us the money, those who could actually send the money in different ways (I bought a new car, buy a house, pay his parents’ house and get a dog). This is the economic recovery, the banks just got paid two mortgages and car loans, no non-performing loans. What is the problem?

  1. Reply
    February 6, 2011 at 2:07 pm

    a better comparison would be if your foundation’s got a crack in it and you house starts to fall, do you take out a sledgehammer and start whacking at the crack.

  2. Reply
    February 6, 2011 at 2:33 pm

    The problem is that the money has to come from somewhere. What ever the government does in the way of giving money to somebody, it must simultaneously take it from somebody, so the overall effect is nothing, only one lot of favoured people are being helprd by another lot of disfavoured ones.

    And I don’t recommend fixing the foundations because there is a good chance the whole structure will collapse on you!

    Please see my previous answer on this subject as to what to do.

  3. Reply
    Dama R
    February 6, 2011 at 2:59 pm

    Jon Stewart asked a similar question to an economist on The Daily Show. Only his idea was that since the supposed bad guy is not the irresponsible bankers and predatory lenders, but rather the poor people that can’t afford their mortgages, the government gives the money to the borrowers, who in turn use it to pay off their debts. Thereby killing two birds with one stone by giving the banks money and at the same time removing toxic assets from their books, which is supposedly why they are all insolvent.

  4. Reply
    jimney crickett
    February 6, 2011 at 3:27 pm

    I still can’t figure out why they tear off the roof when it is snowing out to feed the fireplace and contemplate rebuilding the roof in the spring, when they should have just cut emough wood for the winter to begin with.What the fuck were they thinking?

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