Government Regulation of Bank credit practices

Okay I'm selfish, but so are the guys who wanted credit reform. They want the banks to stop penalizing them for their irresponsibility with credit cards.

First of all this political motivated reform is all crap. Why? you ask. Well folks the banks have to make x amount of money to stay in business and pay their stock holders. It is going to come from someone.

So the democrats are going to force them to shift the profit, which the banks have to have, from the abusers of the credit system and onto those of us who do not abuse it. It's another one of those, "We will treat you like your mother" so vote for us ideas of the Dems.

What it really means is no free checking or savings accounts for those of us who are smart enough to live within our means. Now we get to pay for those who don't. Wait that's what the democratic government run government is famous for.

So still glad you voted democratic.

Oil in the Gulf of Mexico

BP is screwed. They are in containment mode now. Go along to get along until the oil stops spewing that's when the tough negotiations begin. There will be abuse and misappropriation of the 20Bil no doubt. Frankly there always is. The people who need the help will be the ones short changed. That is my prediction.

In the meantime the Gulf coast is screwed. All this is stop gap measures. It's going to be cleanup, not containment that is in their future. That and endless litigation. Trial lawyers will get rich on this I'm sure.


Every time they turn around in DC they throw more people out of work. Is it going to end with everyone being on the govt payroll somehow. We make nothing except paper money that has nothing to prop it up, and is worth less and less each day.

They should have taken control of the blown out well on day one. Called in the experts and pumped drilling mud into the thing as soon as possible. The let BP screw around trying to save the well, while they created havoc with the environment all along the gulf coast, was just plain stupid. Yes hindsight is 20/20, but that was a mistake. Now lets see if they own up to it. They bitched about Bush not owning up to his mistakes, lets see if the messiah admits his. You can not let a company screw around trying to save their profits, when it is a disaster.

On a different note... Nashville natural disaster big time. No looting no killing no hell raising at all. Different folks, and a different mayor maybe there is something in that.

The Arizona law. Nobody has read it but everyone is commenting on it. From what I can tell it really just says, we are going to start doing what we should have been doing all along. The government for many years both sides of the political spectrum have been avoiding it.

The homeless shelter here in town had an illegal alien once. They called the immigration office in Charlotte to ask them to come get the guy. He was in trouble of some kind. The Immigration service told the shelter people to bring him to Charlotte or let him go.

The obama story about his aunt and then the little girl in the school whose mother was illegal are examples of the same thing. Some of the aliens just aren't worth the trouble that it would cause to deport them. That is the attitude that is going to cause us all to learn Spanish just to order a cheeseburger

Tis the season

When we all get to be authorities on everything. It's the grand election cycle again. This time for control of the congress. It looks to me like it will be mostly new people. The question is will they be Democrats or Republicans.

Will we the people send back clones of the old guys or try something new. I read the election results of last night with great interest. I also read the comments by so called ordionary folks about the election results.

From the comments that the media is choosing to float around, it appears that most of the black Americans think that conservatives want to bring back slavery I think they believe that every tea party candidate has somehow embedded in their speeches some kind of subliminal message, "Vote for me and pick your own slave". That is the most asinine thing I have ever heard. If you want to control spending the government has to get it's house in order. If you want to get the house in order, it means less give away programs as well as many other things. So does less give aways = slavery somehow. If that is true in people's minds, what kind of thing does that say about our electorate. Are we going to be like Greece, riots in the streets because we have gone bankrupt and can't continue to give away the keys to the treasury.

Where the hell is the sense that we are all in this together gone. We have become a nation of self indulged sheep, ready and willing to be sheered by our government. Come on we the people wake up, we need to sacrifice and we need to do the right thing. The right thing is often painful but it is still the right thing.

And to be honest in this economy, I couldn't afford a slave and I doubt that a majority of the other people in this country could either, so get a grip guys. You can finally be happy with the fact that, We really don't want you.

The numbers going around these days from Washington are truly frightening. I have decided that if I die quickly enough I can be the last person to get all the social security benefits I was promised.

The quality of health care is going to fall for sure. If they cut the payments to doctors, doctors will do less. It's human nature "I will do the amount of work you are paying me for" if I am not getting enough money per patient, then I have to see more patients. That short fall in time has to come somewhere.

Even the availability of care may be in danger for seniors. See the old codgers only if we can't get enough full paying patients, kind of thing. Retirement ages have increased and I expect there to be a means test for benefits soon. That will turn Social Security into a welfare program pure and simple. One of those programs the average Joe funds for those who can not work. Sounds a lot like socialism and I'm one of the pigs at the trough.

So I hope I die before they decide to make cuts that will effect me personally. I no longer go to doctors or take medicines so maybe with a little luck I'll die in my sleep.

Oil and dollars.

Believe me I am not against big business, or even small business, but some things need to be understood. The ticket for the oil spill will be paid by you and me. The cost of the spill will be paid for by high prices at the pump. All the companies will raise prices, so they will make a little windfall profit. More than BP but BP will come out just fine on our dime.