Comments on: Friday Vent Fest http://lonelyconservative.com/2009/01/friday-vent-fest/ Observations from a conservative in a blue state. With a little help from my friends! Thu, 09 Feb 2012 21:00:08 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mary in TXhttp://lonelyconservative.com/2009/01/friday-vent-fest/comment-page-1/#comment-4361 Mary in TX Sat, 31 Jan 2009 09:27:18 +0000 http://www.lonelyconservative.com/?p=3072#comment-4361 Kiran... I see you are awake now. Welcome to conservatism. No one in conservatism condones the actions of unscrupulous capitalists. It is only the scrupulous capitalists that we shall stand up for here on this website. We do not blame the GOP, we do not blame Dems. We do not assign GREED to any party. Greed has a corner on the human heart, and not on any system of government, nor on any party of our glorious US Republic. If the global economy were not so greedy in itself, than these complex derivitives (consisting of cheap, risky American AND foreign mortgages) would NEVER have had a market to be sold to in the first place. It wasn't just Lehman Bros, or Merrill Lynch or Wachovia who sold these products that helped to create this economic disaster. It was the foreign and domestic entities that PURCHASED them that helped to proliferate the situation we are now all in. Without the greed of these buyers, around the world (who happened to believe in the American way) and at home, there would be no economic crisis. Let us place blame where blame belongs. It is in the human heart. We must all learn to work for what we want, pay for what we take...and SAVE for that which we cannot afford today. End of story. All countries on the planet, this applies to you as well. You may now have a cookie. Kiran… I see you are awake now. Welcome to conservatism. No one in conservatism condones the actions of unscrupulous capitalists. It is only the scrupulous capitalists that we shall stand up for here on this website. We do not blame the GOP, we do not blame Dems. We do not assign GREED to any party. Greed has a corner on the human heart, and not on any system of government, nor on any party of our glorious US Republic. If the global economy were not so greedy in itself, than these complex derivitives (consisting of cheap, risky American AND foreign mortgages) would NEVER have had a market to be sold to in the first place. It wasn’t just Lehman Bros, or Merrill Lynch or Wachovia who sold these products that helped to create this economic disaster. It was the foreign and domestic entities that PURCHASED them that helped to proliferate the situation we are now all in. Without the greed of these buyers, around the world (who happened to believe in the American way) and at home, there would be no economic crisis. Let us place blame where blame belongs. It is in the human heart. We must all learn to work for what we want, pay for what we take…and SAVE for that which we cannot afford today. End of story. All countries on the planet, this applies to you as well. You may now have a cookie.

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]]> By: Kiranhttp://lonelyconservative.com/2009/01/friday-vent-fest/comment-page-1/#comment-4359 Kiran Sat, 31 Jan 2009 07:26:12 +0000 http://www.lonelyconservative.com/?p=3072#comment-4359 Well you must have thrived during the really dark years, the years of deregulation and banking run amuck with Investment bankers and hedge funds creating CDOs, CDSs and a whole host of ancronym financial instruments that brought down our economy but made them reach. (This is not capitalism, it is plain greed and theft). The fact that our tax dollars are now going to bailout mismanaged investment banks and failed insurance companies, and paying for bonuses for executives whose greed brought about this crisis is tantamount to "crisis socialism". Resorting to this is something that no self-respecting conservative or any of these managers would ever have admitted to supporting before it it hit their pocket books. As a taxpayer, I was never offered a piece of the pie when these banks were making millions in 2005/06/07. Why should I, or any other taxpayer,be asked to pay for their travails during hard times. If the burden of mismanagement is placed on the backs of taxpayers, then checks and balance, and robust regulations to prevent such disasters must be but in place. Now that we are in this mess, in order for prevent the system from unraveling, a bailout (hailed as necessary by the GOP and executed under the DEMs) is almost unavoidable. But there should be caps on the pay of managers of any institution that takes tax payers money. Moderate bonuses (in the six digits if warrented) could be allowed for superstars that actually turn an institution around and make a profit. HOWEVER, to provide billions in bonuses in the wake of rescuing failing institutions on the taxpayer's dollar is ridiculous. That a plumber's 10,000+ in taxes could become part of a failed banker's 5 million bonus is simply shameful. Well you must have thrived during the really dark years, the years of deregulation and banking run amuck with Investment bankers and hedge funds creating CDOs, CDSs and a whole host of ancronym financial instruments that brought down our economy but made them reach. (This is not capitalism, it is plain greed and theft).

The fact that our tax dollars are now going to bailout mismanaged investment banks and failed insurance companies, and paying for bonuses for executives whose greed brought about this crisis is tantamount to “crisis socialism”. Resorting to this is something that no self-respecting conservative or any of these managers would ever have admitted to supporting before it it hit their pocket books.
As a taxpayer, I was never offered a piece of the pie when these banks were making millions in 2005/06/07. Why should I, or any other taxpayer,be asked to pay for their travails during hard times. If the burden of mismanagement is placed on the backs of taxpayers, then checks and balance, and robust regulations to prevent such disasters must be but in place.
Now that we are in this mess, in order for prevent the system from unraveling, a bailout (hailed as necessary by the GOP and executed under the DEMs) is almost unavoidable. But there should be caps on the pay of managers of any institution that takes tax payers money. Moderate bonuses (in the six digits if warrented) could be allowed for superstars that actually turn an institution around and make a profit. HOWEVER, to provide billions in bonuses in the wake of rescuing failing institutions on the taxpayer’s dollar is ridiculous.
That a plumber’s 10,000+ in taxes could become part of a failed banker’s 5 million bonus is simply shameful.

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]]> By: Lonely Conservativehttp://lonelyconservative.com/2009/01/friday-vent-fest/comment-page-1/#comment-4349 Lonely Conservative Fri, 30 Jan 2009 22:57:19 +0000 http://www.lonelyconservative.com/?p=3072#comment-4349 Hey Mr. Wiggles....taken an econ 101 course, dear. SA-Love the new site. And as for the weather.....it can't be worse than here, that's for sure! Hey Mr. Wiggles….taken an econ 101 course, dear.

SA-Love the new site. And as for the weather…..it can’t be worse than here, that’s for sure!

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]]> By: SA Andrewshttp://lonelyconservative.com/2009/01/friday-vent-fest/comment-page-1/#comment-4345 SA Andrews Fri, 30 Jan 2009 21:12:59 +0000 http://www.lonelyconservative.com/?p=3072#comment-4345 If you'd been left in the wilderness, we'd probably be having home baked cookies and hot chocolate this evening by the stove. Come on down the weathers a lot more friendly down here, but still cold enough to keep the Hawaiian jr. admin at bay. If you’d been left in the wilderness, we’d probably be having home baked cookies and hot chocolate this evening by the stove. Come on down the weathers a lot more friendly down here, but still cold enough to keep the Hawaiian jr. admin at bay.

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]]> By: Phil Wiggle, CSE CME CPAhttp://lonelyconservative.com/2009/01/friday-vent-fest/comment-page-1/#comment-4344 Phil Wiggle, CSE CME CPA Fri, 30 Jan 2009 20:02:10 +0000 http://www.lonelyconservative.com/?p=3072#comment-4344 Ah those poor Lonely Conservatives! The blantant lying, hypocritical, arrogant fools that "Trickled Down" on us for the past 8+ years. Anyone feel the spray from their 'trickle down'? Want more tax cuts for the wealthiest 1%? Shove it! Ah those poor Lonely Conservatives! The blantant lying, hypocritical, arrogant fools that “Trickled Down” on us for the past 8+ years. Anyone feel the spray from their ‘trickle down’? Want more tax cuts for the wealthiest 1%? Shove it!

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]]> By: Friday Vent Fest | Health Directory - Articleshttp://lonelyconservative.com/2009/01/friday-vent-fest/comment-page-1/#comment-4343 Friday Vent Fest | Health Directory - Articles Fri, 30 Jan 2009 18:34:03 +0000 http://www.lonelyconservative.com/?p=3072#comment-4343 [...] Original post: Friday Vent Fest [...] [...] Original post: Friday Vent Fest [...]

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