Watching the turmoil our current world-wide financial crisis is causing, I hope all of you are as mad as I am. I place the blame on the US government. Now, the very people who caused this crisis are telling us we need to drink the Washington Witches Brew to save financial institutions. Are you kidding me!?!
We are told greed on Wall Street has caused this crisis. The same people telling us these things are the government officials who accepted money from the corporations which are going under.
How many of you have seen the potential two billion dollar golden parachute package for the leadership and staff at Lehman Brothers? The great John Boyd had a section in his Discourse on Winning and Losing called “Destruction and Creation”.
To create you must destroy… destroy old paradigms to create newer methods or faster processes for variety, rapidity, harmony and initiative. These are Boyd’s elements of success in winning or losing conflicts.
I say let these institutions die an ignominious death and let the free market take its course.
We should be indicting some of these Freddie Mac and Fannie Mae Fat Cats. Drag the leadership of Lehman Brothers and AIG before judges and make them accountable for their actions. And then bring in all of the congressmen and congresswomen who propped these organizations up and hold them accountable.
Drag their tails into the halls of our legal system and make them testify on what they knew, who they knew, and when they knew it with long penalties of imprisonment.
Even Alan Combs is telling folks we need to hold people accountable for the deep hole they have placed us in. It should be televised for all to see how our legislative branch has capitalized on the same greed they lay at the feet of Wall Street.
I’m afraid the American People will be left holding the stinking bag of manure. We will not be able to get loans to start our dream businesses. We will not be able to sell a house for the price we paid for it. I am suffering through this process now and it causes undue stress for thousands of Americans.
I talked to our realtor in Albuquerque last week. There are 9500 “used” and approximately 1900 “new” homes on the market in Albuquerque. I was told tonight there are 22,000 homes on the market in Tampa. People stand to lose $60,000 on the shortsell price of a house. In Detroit, the losses are even higher.
How do you get a mortgage loan once you find your dream house when you are $60-$100K upside down from the sale of your previous house?
Some of you may have listened to Mahmoud Ahmadinejad speech at the United Nations earlier in the week. We let the leader of a nation who openly states Israel and America should be destroyed inside our borders.
Yet we let him, the Mullahs and the Iranian Republican Guard kill our service men and women on the battlefields of Iraq and Afghanistan. I have a great Witches Brew for him. The best Brew I have read was the speech Sarah Palin was NOT allowed to give in New York to the Jewish community. You can read it here.
We are sending billions of our petro-dollars to a country working on building their own nuclear weapons. Have you noticed the amount of money we are sending overseas to buy oil approximates the amount of money we are going to spend to bail out the financial institutions?
A good friend of mine works for Shell Oil Company. He told me we have enough oil and natural gas to last us 300-500 years within our own borders. The off-shore drilling embargo is set to expire next week. Environmentalist will tie up drilling in the courts for years…, decades…, a millennium? I agree with Speaker Newt Gingrich…DRILL HERE, DRILL NOW, PAY LESS!
What really chaps me about the situation is I don’t have anyone knocking on my door to bail out my family but I’m supposed to bail out these morons and invest my family’s future in their greed.
Is the American congress going to bail each of us out of our financial crisis? I doubt I will have folks from Washington DC at my door asking how they can help.
The Witches Brew quite possibly will be the largest government program ever. I fear the Witches Brew is a combination of Octal and Tritonal… explosives we put in the bombs we drop.
I’m a dot!


One Comment
Amen, Brother! Good to “see” you again! I’m enjoying reading your blogs. Can’t tell you how angry I am re: the USG’s poor fiscal mgt. Free markets work…just let the “Invisible Hand” do its job–realizing the human element will ever affect the overall outcome–and take the gov’t bureaucrats out of the equation.
Cheers,
AD