Nobody wants to hear me rant, so I am going to try to keep this mildly coherent. First...I have a head cold:P I am a week and a half from trying to run the fastest marathon of my life. I have been training like a maniac all summer...and I'm sick! You don't even know how p*ssed off this makes me. You don't even know!!!
Second...this whole 700 billion dollar Wall Street bailout is bunching up my shorts! It's not that I don't think it needs to be done. It's the way that it is being proposed that is just wrongitty wrong, wrong, wrong. I have b*tched to my Husband (who agrees with me) so much that I'm putting it here and then maybe I can let it go. Here's the thing, I get that nobody wins if we (the govt.) let's these firms (who got themselves into this mess) fold. I get that a market in free fall helps no one. I get it, believe me...I get it. What p*sses me off is...where is the accountability? I want some consequences for these big money folks. How about, no multi million dollar bonuses to any firms accepting bailout? How about salary cuts for the folks in charge? What if, you screw up your company...you loose your house in the Hampton's, or your second home in Aspen, or your third home in wherever the beautiful/rich people are?
On that note...why are we the tax payers not cutting the deal more to the tune of the Warren Buffett/Goldman Sachs deal? He is taking those folks to the hoop. Which tells me they must have been in some dire straits. Not only is he getting a 10% dividend (sweet) on the 5 billion he is investing, but he also gets futures rights to invest another 5 billion at $115 a share. Smart! Where is Henry Paulson or Ben Bernanke? Why are they not cutting deals with the Wall Street firms in need of bailouts that aren't serving up tax payer money like total patsy's? This is not a charity here. These are very rich, greedy folks who cut corners and money grubbed their way into this situation that is now being felt by everyone. I say help them out for the good of the country, but MAKE 'EM FEEL IT! MAKE. THEM. FEEL. IT!