Since I haven't been able to blog and C hasn't either I haven't had time to bitch and moan about how fucking stupid congress is and how fucked up their stupid bailout plan is. Taking the suggestion of a fellow capitalist I started asking around for thoughts on the bailout which is the purpose of todays post.
First person I asked: a girl who is infatuated with me but annoys me. Her comments were "$70 Billion you gotta be joking" I notified her that it was 700B and she said even worse. I don't know what to say...
I asked my homie T, we share the same general views about capitalism politics and the like. He said "it's bad worsens the economy long term. the problem is the government is pouring out easy credit."
I also asked my dude G, my basketball and poker buddy. about his thoughts. I like the guy, but he just regurgitates to me media lines. Most notably about Obama and my opposition to the guy. He said he didn't like it but it was necessary, nation would become more in debt. I tried to keep my views out of the process so I asked him why, he said because the stock market would crash (paraphrasing) so I had to follow up with since when did the government care about the stock market? he replied with "our government cares when the stock market is in danger. if it goes down our nation is the shitter." After asking how he came to that conclusion he said 29, all the proposals passed afterwards were to prevent it from happening again. He followed up with "how can americans give the government money if there was a depression, how does the economy grow?" I told him the government produces its own money and the economy will grow off exports like they did the last two quarters. he replied that creates inflation (printing money) and left. I didn't even get to give him a little economics lesson :(.
I asked my dude from high school, who cleaned up his act once he got to college about it. His answer wasn't very flattering simply "it's needed or else we're fucked in the end" and "low income people need to stop bitching about it".
I asked a person I had acquaintances with in high school but never considered him a friend or anything of the sort (which has changed in the past year) he first said in a way good in a way not good. He didnt like that CEOs made a lot of money for doing nothing.
I asked my best friend about her thoughts, quite possibly the most impassioned out of the rest. with comments such as "absolute BULLSHIT" "you could have used used that 700 Billion FOR A WHOLE LOT MORE SHIT" "and i'm totally upset"
One of my favorite people to talk to about politics or anything intellectual simply said "screwed if you do, screwed if you don't".
The most surprising of all this is that almost all of them are supporting Obama.
