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Just Another Panic Monday
Author: Raine
Date: 04/07/2008 13:01:16
God Morning again everyone... It is Mondee...I woke up and . My alarm went off, and I turned it off by mistake, then suddenly I realized what time it was . I promise that audicon blog will be coming one day.
So I perused the headlines, and came across this From the Guardian UK:
There is far more at the link, But it seems as tho Wall street is addcited to the Federal reserve. 200%? 34 BILLION DOLLARS A DAY?
If the Federal reserve found a way to funnel that money straight to Americans I bet you would see this recession end very quickly. Even just a fraction of it to people who are on the verge or already have lost their homes because of these banks and institutions. Could you imagine if the Feds actually gave just a fraction of that money to those in foreclosure, therebye allowing them to stay in their homes AND pay off the mortgage? Seems like a win win... the banks get their money and people keep a roof over their heads. When people have security in their houses (a constitutional right I might add) the consciousness of a nation rises. People feel better and good things happen.... But I digress. Why this could never happen becauseregular folk would never qualify for a loan like the ones the feds are giving Wall Street... :grumble:
This entire scheme, and I call it that because it is now the feds just flowing money in Wall street with complete abandon and no real solution to a critical financial issue this country is going thru, is a sham. There is no stopping this it seems.
It has been my opinion that the only way for a country to get out of a recession, is to put money in the hands of the people. Not those on top. Trickle down economics is what this is and it DOES NOT WORK. It's more of the same. We need to start helping those who are TRULY affected by the financial Meltdown in the country. And I can tell you, handing out a few hundred bucks to a few people in America is not the answer.
Giving people a break on thier mortgages, keeping them in their homes, creating job training programs, building new roads and fixing our infrastructure by using the labor of good Americans... the way FDR did... these are the things that will fix America. Not giving a blank check to Wall street, with STILL no regulation.But get this, also from the article: They never thought the banks would take advantage?!?! That is hilarious! 
Ignorant and naive as well. IF the banks would screw over millions of americans, what would stop them from doing the same to the Feds? Stupidity abounds when you have family members in denial about the MoneyMeth addict that keeps begging for just a little more money for food -- rarely does that happen, you know the money goes towards more MoneyMeth. It's a vicious cycle.
We need Congress to step up to the plate on this one, and we need our candidates to speak more forcefully on this issue, because it has to stop. Wall street needs some tough love, and an intervention.
*sigh*
So I perused the headlines, and came across this From the Guardian UK:
Fears are mounting that Wall Street banks are relying too heavily on tens of billions of dollars in loans made available by the US Federal Reserve. Their borrowing levels have rocketed by almost 200 per cent to $38bn (£19bn) a day in just three weeks.
There is far more at the link, But it seems as tho Wall street is addcited to the Federal reserve. 200%? 34 BILLION DOLLARS A DAY?
If the Federal reserve found a way to funnel that money straight to Americans I bet you would see this recession end very quickly. Even just a fraction of it to people who are on the verge or already have lost their homes because of these banks and institutions. Could you imagine if the Feds actually gave just a fraction of that money to those in foreclosure, therebye allowing them to stay in their homes AND pay off the mortgage? Seems like a win win... the banks get their money and people keep a roof over their heads. When people have security in their houses (a constitutional right I might add) the consciousness of a nation rises. People feel better and good things happen.... But I digress. Why this could never happen becauseregular folk would never qualify for a loan like the ones the feds are giving Wall Street... :grumble:
This entire scheme, and I call it that because it is now the feds just flowing money in Wall street with complete abandon and no real solution to a critical financial issue this country is going thru, is a sham. There is no stopping this it seems.
It has been my opinion that the only way for a country to get out of a recession, is to put money in the hands of the people. Not those on top. Trickle down economics is what this is and it DOES NOT WORK. It's more of the same. We need to start helping those who are TRULY affected by the financial Meltdown in the country. And I can tell you, handing out a few hundred bucks to a few people in America is not the answer.
Giving people a break on thier mortgages, keeping them in their homes, creating job training programs, building new roads and fixing our infrastructure by using the labor of good Americans... the way FDR did... these are the things that will fix America. Not giving a blank check to Wall street, with STILL no regulation.But get this, also from the article:
The Fed has capped the amount available to all banks at $50bn, although insiders said it never imagined the banks would take advantage of the entire facility. Analysts and economists now fear it is being too heavily exploited, and that banks may be using it to delay facing up to liquidity problems.
Ignorant and naive as well. IF the banks would screw over millions of americans, what would stop them from doing the same to the Feds? Stupidity abounds when you have family members in denial about the MoneyMeth addict that keeps begging for just a little more money for food -- rarely does that happen, you know the money goes towards more MoneyMeth. It's a vicious cycle.
We need Congress to step up to the plate on this one, and we need our candidates to speak more forcefully on this issue, because it has to stop. Wall street needs some tough love, and an intervention.
*sigh*
Comments:
Order comments Newest to Oldest Refresh Comments
Comment by 
BobR on 04/07/2008 13:11:16
BobR on 04/07/2008 13:11:16
Morning, folks... :coffee:
Comment by BobR on 04/07/2008 13:17:26
BobR on 04/07/2008 13:17:26
Comment by 
TriSec on 04/07/2008 13:30:31
TriSec on 04/07/2008 13:30:31
Double Post!!
Thought for today:
I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it.
Thomas Jefferson, to Archibald Stuart, 1791
3rd president of US (1743 - 1826)
Thought for today:
I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it.
Thomas Jefferson, to Archibald Stuart, 1791
3rd president of US (1743 - 1826)
Comment by 
Raine on 04/07/2008 13:31:00
Raine on 04/07/2008 13:31:00
:thud: I am furiously trying to put together a bloggie for the day...
Comment by Raine on 04/07/2008 13:40:37
Raine on 04/07/2008 13:40:37
Ok, I should nevertry to write a blog when Momma is on the radio Mosheen.
Comment by 
shelaghc on 04/07/2008 13:46:42
shelaghc on 04/07/2008 13:46:42
For those who missed Rachel's sterling MSNBC Countdown hosting debut on Friday, duckofprey, the lady that runs MaddowFans.com, has posted the whole show on YouTube.
Rachel was a bit nervous during the first segment, but that went away pretty quickly and she settled in for a great first-time in the Big Man's chair. When she appeared with him on Thursday's Countdown with Keith, he even wished her well and asked her if she was ready for Friday.
Amazingly, Rachel mentioned a month or so ago that all of her success on the TV Machine can be directly attributable to Tucker Carlson. She's classy with a capital C.
Rachel was a bit nervous during the first segment, but that went away pretty quickly and she settled in for a great first-time in the Big Man's chair. When she appeared with him on Thursday's Countdown with Keith, he even wished her well and asked her if she was ready for Friday.
Amazingly, Rachel mentioned a month or so ago that all of her success on the TV Machine can be directly attributable to Tucker Carlson. She's classy with a capital C.
Comment by 
livingonli on 04/07/2008 13:49:06
livingonli on 04/07/2008 13:49:06
Good morning all.
The cold in my nobe is not helping my sleep. I should have just crashed out after all my hours yesterday.
The cold in my nobe is not helping my sleep. I should have just crashed out after all my hours yesterday.
Comment by 
m-hadley on 04/07/2008 13:52:27
Raine,
Feel free to use a post that I added to my blog yesterday - it is ruminations about a trip I took to Tibet in 1987 and I try to tie it in with what is happening over there right now. No offense taken if you don't want to use it - I'm just offering. Trying to lighten your load :D
Cheers,
mfaye
m-hadley on 04/07/2008 13:52:27
Quote by Raine:
:thud: I am furiously trying to put together a bloggie for the day...
Raine,
Feel free to use a post that I added to my blog yesterday - it is ruminations about a trip I took to Tibet in 1987 and I try to tie it in with what is happening over there right now. No offense taken if you don't want to use it - I'm just offering. Trying to lighten your load :D
Cheers,
mfaye
Comment by livingonli on 04/07/2008 13:53:31
livingonli on 04/07/2008 13:53:31
So, what is the difference between gay money and straight money anyway?
Comment by shelaghc on 04/07/2008 13:56:46
shelaghc on 04/07/2008 13:56:46
For those what missed it yesterday:
RIP Charleton Heston
Comment by shelaghc on 04/07/2008 13:57:19
Two dollar bills?
shelaghc on 04/07/2008 13:57:19
Quote by livingonli:
So, what is the difference between gay money and straight money anyway?
Two dollar bills?
Comment by livingonli on 04/07/2008 13:59:06
What about the three dollar bills?
livingonli on 04/07/2008 13:59:06
Quote by shelaghc:Quote by livingonli:
So, what is the difference between gay money and straight money anyway?
Two dollar bills?
What about the three dollar bills?
Comment by 
wickedpam on 04/07/2008 14:07:38
wickedpam on 04/07/2008 14:07:38
Morning :hug:
Less then 20 days until DC! Yeah!
Less then 20 days until DC! Yeah!
Comment by shelaghc on 04/07/2008 14:08:52
Canadian money? Loonies and Toonies?
shelaghc on 04/07/2008 14:08:52
Quote by livingonli:Quote by shelaghc:Quote by livingonli:
So, what is the difference between gay money and straight money anyway?
Two dollar bills?
What about the three dollar bills?
Canadian money? Loonies and Toonies?
Comment by livingonli on 04/07/2008 14:08:57
livingonli on 04/07/2008 14:08:57
I think someone's giving shane-O a little competition.
Comment by livingonli on 04/07/2008 14:10:20
livingonli on 04/07/2008 14:10:20
Ah, that takes me back. That change pocket is pretty full going to Canada because there is no bill smaller than a $5 bill.
Good morning, Mala. How was your weekend?
Good morning, Mala. How was your weekend?
Comment by Raine on 04/07/2008 14:10:23
Raine on 04/07/2008 14:10:23
Stubbie is gone!
Good morning everyone!
Good morning everyone!
Comment by livingonli on 04/07/2008 14:11:42
livingonli on 04/07/2008 14:11:42
Just give me the $34 billion so I can retire.
Comment by Raine on 04/07/2008 14:12:25
Raine on 04/07/2008 14:12:25
HEya Faye... I just saw your offer... after I got done! you know, I think I gave you the ability to create blog posts over here. I am thinking you might want to do that for maybe, and afternoon blog?
Thanks for the offer... I wish I had seen it earlier.
Thanks for the offer... I wish I had seen it earlier.
Comment by wickedpam on 04/07/2008 14:12:53
That looks a little like some Irish money I still have.
wickedpam on 04/07/2008 14:12:53
Quote by shelaghc:Quote by livingonli:Quote by shelaghc:Quote by livingonli:
So, what is the difference between gay money and straight money anyway?
Two dollar bills?
What about the three dollar bills?
Canadian money? Loonies and Toonies?
That looks a little like some Irish money I still have.
Comment by shelaghc on 04/07/2008 14:17:43
I want to get Irish money from the old sod myself.
::::sigh:::::
shelaghc on 04/07/2008 14:17:43
Quote by wickedpam:
That]
That looks a little like some Irish money I still have.
I want to get Irish money from the old sod myself.
::::sigh:::::
Comment by wickedpam on 04/07/2008 14:17:47
Not bad really. Got a bunch of stuff done and got to see the little cousins. And today threw Thursday 80% of the bosses are gone so it's quiet it in the office.
wickedpam on 04/07/2008 14:17:47
Quote by livingonli:
Ah, that takes me back. That change pocket is pretty full going to Canada because there is no bill smaller than a $5 bill.
Good morning, Mala. How was your weekend?
Not bad really. Got a bunch of stuff done and got to see the little cousins. And today threw Thursday 80% of the bosses are gone so it's quiet it in the office.
Comment by wickedpam on 04/07/2008 14:19:22
I'll see what I have, think there are a few pence in a old jewelry box. Not giving up my shillings though
don't think they use them any more.
Did you get my PM?
wickedpam on 04/07/2008 14:19:22
I want to get Irish money from the old sod myself.
::::sigh:::::
I'll see what I have, think there are a few pence in a old jewelry box. Not giving up my shillings though
don't think they use them any more.Did you get my PM?
Comment by shelaghc on 04/07/2008 14:19:49
shelaghc on 04/07/2008 14:19:49
How come my post on the SM blog needs moderation?
::: pout ::::
::: pout ::::
Comment by Raine on 04/07/2008 14:19:57
Raine on 04/07/2008 14:19:57
Eww... I dunna like snake stories... :shudder:
Comment by shelaghc on 04/07/2008 14:20:57
I want to get Irish money from the old sod myself.
::::sigh:::::
shelaghc on 04/07/2008 14:20:57
Quote by wickedpam:Quote by shelaghc:
That looks a little like some Irish money I still have.
I want to get Irish money from the old sod myself.
::::sigh:::::
I'll see what I have, think there are a few pence in a old jewelry box. Not giving up my shillings though
don't think they use them any more.Did you get my PM?
Actually, I want to get it for myself *in* Ireland. Haven't had the $$$ to go.
What PM?
Comment by TriSec on 04/07/2008 14:21:19
:sigh:
I still have some paper ones and twos kicking around. I never used to bother changing my Canadian money, since I used to be back and forth so many times.
Haven't been since 2000 now...
Of course, the only place that's cheap to travel is everyone else coming to America, thanks to the dollar.
TriSec on 04/07/2008 14:21:19
Quote by livingonli:
Ah, that takes me back. That change pocket is pretty full going to Canada because there is no bill smaller than a $5 bill.
:sigh:
I still have some paper ones and twos kicking around. I never used to bother changing my Canadian money, since I used to be back and forth so many times.
Haven't been since 2000 now...
Of course, the only place that's cheap to travel is everyone else coming to America, thanks to the dollar.
Comment by Raine on 04/07/2008 14:22:12
That is very strange. That happened to Will as well.
They don't even HAVE moderators there!
Raine on 04/07/2008 14:22:12
Quote by shelaghc:
How come my post on the SM blog needs moderation?
::: pout ::::
That is very strange. That happened to Will as well.
They don't even HAVE moderators there!
Comment by shelaghc on 04/07/2008 14:23:58
I posted the YouTube url for Rachel's MSNBC appearance. Maybe it's a youtube thing?
shelaghc on 04/07/2008 14:23:58
Quote by Raine:Quote by shelaghc:
How come my post on the SM blog needs moderation?
::: pout ::::
That is very strange. That happened to Will as well.
They don't even HAVE moderators there!
I posted the YouTube url for Rachel's MSNBC appearance. Maybe it's a youtube thing?
Comment by livingonli on 04/07/2008 14:25:04
Last time I was in Canada was in '05. I was thinking of going up during the GOP convention week this year but I don't think I can afford it.
livingonli on 04/07/2008 14:25:04
Quote by TriSec:Quote by livingonli:
Ah, that takes me back. That change pocket is pretty full going to Canada because there is no bill smaller than a $5 bill.
:sigh:
I still have some paper ones and twos kicking around. I never used to bother changing my Canadian money, since I used to be back and forth so many times.
Haven't been since 2000 now...
Of course, the only place that's cheap to travel is everyone else coming to America, thanks to the dollar.
Last time I was in Canada was in '05. I was thinking of going up during the GOP convention week this year but I don't think I can afford it.
Comment by Raine on 04/07/2008 14:25:39
Raine on 04/07/2008 14:25:39
Are they still moderating you over there ?
?
Comment by shelaghc on 04/07/2008 14:26:10
shelaghc on 04/07/2008 14:26:10
How weird! I changed the url over to a "tinyurl" so the youtube domain wouldn't be there and reposted and *that* post is waiting moderation too!
Why does the blog hate me?
Why does the blog hate me?
Comment by livingonli on 04/07/2008 14:26:32
Some of the more shrill Hillary supporters should be put on moderation. especially Obama Kool-Aid Drinkers You and Will would be the last people I would expect put on moderation.
livingonli on 04/07/2008 14:26:32
Quote by Raine:Quote by shelaghc:
How come my post on the SM blog needs moderation?
::: pout ::::
That is very strange. That happened to Will as well.
They don't even HAVE moderators there!
Some of the more shrill Hillary supporters should be put on moderation. especially Obama Kool-Aid Drinkers You and Will would be the last people I would expect put on moderation.
Comment by Raine on 04/07/2008 14:27:27
Shouldn't be an issue. I have posted stright links over there.
That blog is a little strange sometimes.
Did we get the URL?
She was wonderful wasn't she? A real natural!
Raine on 04/07/2008 14:27:27
Quote by shelaghc:Quote by Raine:Quote by shelaghc:
How come my post on the SM blog needs moderation?
::: pout ::::
That is very strange. That happened to Will as well.
They don't even HAVE moderators there!
I posted the YouTube url for Rachel's MSNBC appearance. Maybe it's a youtube thing?
That blog is a little strange sometimes.
Did we get the URL?
She was wonderful wasn't she? A real natural!
Comment by Raine on 04/07/2008 14:28:01
Raine on 04/07/2008 14:28:01
:banana: I don't like spiders and snakes:prince: EARWORM!!!
Comment by wickedpam on 04/07/2008 14:28:36
Sent you one about a week ago - just wanted to get an update for DC. That's all :)
wickedpam on 04/07/2008 14:28:36
What PM?
Sent you one about a week ago - just wanted to get an update for DC. That's all :)
Comment by shelaghc on 04/07/2008 14:29:38
Yes - I posted it waaaaay down at the beginning. I guess it wasn't an interesting enough post for anyone to notice.
shelaghc on 04/07/2008 14:29:38
Quote by Raine:Shouldn't be an issue. I have posted stright links over there.Quote by shelaghc:Quote by Raine:Quote by shelaghc:
How come my post on the SM blog needs moderation?
::: pout ::::
That is very strange. That happened to Will as well.
They don't even HAVE moderators there!
I posted the YouTube url for Rachel's MSNBC appearance. Maybe it's a youtube thing?
That blog is a little strange sometimes.
Did we get the URL?
Yes - I posted it waaaaay down at the beginning. I guess it wasn't an interesting enough post for anyone to notice.
Comment by livingonli on 04/07/2008 14:31:15
livingonli on 04/07/2008 14:31:15
So now the Stephstream has replaced the PSA's with pitches for the SMS Live Blog and the Steph store.
Comment by shelaghc on 04/07/2008 14:33:50
All should be well for DC. I was a little worried because I've still got nearly $1000 on my one and only credit card. I had been counting on the money from my security deposit out in Chicago paying that off, but nada from the rental agency.
I finally called them last week to see what the delay was. They took down my new address and said it should come shortly. What they were waiting for is a mystery to me. I shouldn't have had to have called them to get it, but now that it's coming I'll be able to pay off the credit card and the DC trip is a go for me.
shelaghc on 04/07/2008 14:33:50
Quote by wickedpam:
What PM?
Sent you one about a week ago - just wanted to get an update for DC. That's all :)
All should be well for DC. I was a little worried because I've still got nearly $1000 on my one and only credit card. I had been counting on the money from my security deposit out in Chicago paying that off, but nada from the rental agency.
I finally called them last week to see what the delay was. They took down my new address and said it should come shortly. What they were waiting for is a mystery to me. I shouldn't have had to have called them to get it, but now that it's coming I'll be able to pay off the credit card and the DC trip is a go for me.
Comment by shelaghc on 04/07/2008 14:37:19
shelaghc on 04/07/2008 14:37:19
AAR took down the Jonesatron 5000!
Did anyone save the sounds? We need Sacagawea and Vigilance for the blog sounds.
:-<
Did anyone save the sounds? We need Sacagawea and Vigilance for the blog sounds.
:-<
Comment by wickedpam on 04/07/2008 14:37:19
The 3 way split on the room should be helpful too, hope you don't mind getting cash for my share. Did you happen to call the hotel about having the cot?
wickedpam on 04/07/2008 14:37:19
Quote by shelaghc:Quote by wickedpam:
What PM?
Sent you one about a week ago - just wanted to get an update for DC. That's all :)
All should be well for DC. I was a little worried because I've still got nearly $1000 on my one and only credit card. I had been counting on the money from my security deposit out in Chicago paying that off, but nada from the rental agency.
I finally called them last week to see what the delay was. They took down my new address and said it should come shortly. What they were waiting for is a mystery to me. I shouldn't have had to have called them to get it, but now that it's coming I'll be able to pay off the credit card and the DC trip is a go for me.
The 3 way split on the room should be helpful too, hope you don't mind getting cash for my share. Did you happen to call the hotel about having the cot?
Comment by shelaghc on 04/07/2008 14:38:20
Not sure which is worse - Happy Happy Joy Joy Chris pimping the blog or the porno guy singing about breast feeding.....
shelaghc on 04/07/2008 14:38:20
Quote by livingonli:
So now the Stephstream has replaced the PSA's with pitches for the SMS Live Blog and the Steph store.
Not sure which is worse - Happy Happy Joy Joy Chris pimping the blog or the porno guy singing about breast feeding.....
Comment by Raine on 04/07/2008 14:38:49
Uh oh!
DAmn. I don't think we ever got those... Can I ask a silly question? What was the Jonesatron 5000?
Raine on 04/07/2008 14:38:49
Quote by shelaghc:
AAR took down the Jonesatron 5000!
Did anyone save the sounds? We need Sacagawea and Vigilance for the blog sounds.
:-<
DAmn. I don't think we ever got those... Can I ask a silly question? What was the Jonesatron 5000?
Comment by Raine on 04/07/2008 14:39:35
The steph store with one item?!?!? :P
Raine on 04/07/2008 14:39:35
Quote by livingonli:
So now the Stephstream has replaced the PSA's with pitches for the SMS Live Blog and the Steph store.
The steph store with one item?!?!? :P
Comment by livingonli on 04/07/2008 14:41:15
Although I always felt the country cornpone breast-feeding PSA was worse.
livingonli on 04/07/2008 14:41:15
Quote by shelaghc:Quote by livingonli:
So now the Stephstream has replaced the PSA's with pitches for the SMS Live Blog and the Steph store.
Not sure which is worse - Happy Happy Joy Joy Chris pimping the blog or the porno guy singing about breast feeding.....
Although I always felt the country cornpone breast-feeding PSA was worse.
Comment by shelaghc on 04/07/2008 14:42:29
Two red buttons when clicked on would emit Kent Jones saying either "Sacagawea!" or "Vigilence!"
I tried saving them a long time ago, but they were flash based and I didn't know how to cull those sounds from the site.
shelaghc on 04/07/2008 14:42:29
Quote by Raine:Uh oh!Quote by shelaghc:
AAR took down the Jonesatron 5000!
Did anyone save the sounds? We need Sacagawea and Vigilance for the blog sounds.
:-<
DAmn. I don't think we ever got those... Can I ask a silly question? What was the Jonesatron 5000?
Two red buttons when clicked on would emit Kent Jones saying either "Sacagawea!" or "Vigilence!"
I tried saving them a long time ago, but they were flash based and I didn't know how to cull those sounds from the site.
Comment by shelaghc on 04/07/2008 14:43:22
Thankfully, I never heard that one.
shelaghc on 04/07/2008 14:43:22
Quote by livingonli:Quote by shelaghc:Quote by livingonli:
So now the Stephstream has replaced the PSA's with pitches for the SMS Live Blog and the Steph store.
Not sure which is worse - Happy Happy Joy Joy Chris pimping the blog or the porno guy singing about breast feeding.....
Although I always felt the country cornpone breast-feeding PSA was worse.
Thankfully, I never heard that one.
Comment by Raine on 04/07/2008 14:44:50
Raine on 04/07/2008 14:44:50
Comment by Raine on 04/07/2008 14:46:17
AHHHhhhh.... Ok, then the hunt is on.
BTW, were you able to send the sound link to either the staff or to Shano?
Raine on 04/07/2008 14:46:17
Quote by shelaghc:Quote by Raine:Uh oh!Quote by shelaghc:
AAR took down the Jonesatron 5000!
Did anyone save the sounds? We need Sacagawea and Vigilance for the blog sounds.
:-<
DAmn. I don't think we ever got those... Can I ask a silly question? What was the Jonesatron 5000?
Two red buttons when clicked on would emit Kent Jones saying either "Sacagawea!" or "Vigilence!"
I tried saving them a long time ago, but they were flash based and I didn't know how to cull those sounds from the site.
BTW, were you able to send the sound link to either the staff or to Shano?
Comment by Raine on 04/07/2008 14:51:04
Raine on 04/07/2008 14:51:04