I know I have been M.I.A. for a while now and I am sorry. But wow how things have changed. After the lovely month of October watching the market... as well as my career go down the tubes I decided to move back to CT. (not that the oppressive Upstate NY winters aren't great!)
I am not saying i made a bad decision but it hasn't been easy. At first i could find any reasonable apartments, and well $900 for a one bedroom in New London is not reasonable. Then I realized that it might be hard to pay for this apt with out a job... hahaha talk about the egg before the chicken!
After tirelessly searching for a job with my qualification I decided that competing for the same position with people far more qualified than myself, but willing to accept comparable pay was going to be a long uphill battle... And it has been.
Enough about me... How about this:
Seriously, like the $700 BILLION dollar bailout of the financial wasn't enough, we are now finding out (officially) that there is monitoring system of how this money is being sent, and most importantly not being lent. Is anyone really surprised by this? REALLY?
And more hilarious, in a very depressing, pathetic and sad way, is new bailout of the automotive industry... I understand that the collapse of the big three would be very detrimental to the already troubled economy... But here is novel idea:
How about we bailout... us? You know the middle class. the ones that were the most affected by this sub-prime crap, without even being involved in it... I know it would be impossible to tell those deserving from those stupid enough to buy into an A.R.M.
But come on! We didn't participate, yet we are the one getting blush of the fall out. Because those who are out on their butts after a foreclosure... they qualify for all of these government programs to help those less "fortunate"!
But... NO... that could never help. The only possible answer is the have the tax payers hand over $700B to the financials, with no accountability. While they split the bulk of it between the C.E.O.s and their cash reserves, NONE of it is coming back to... wait for it... the tax payer.
Now I think enough can be said that Republicans are against the Automotive bailout...
This is my ultimate point (sorry about the ramblings):
When we pay taxes we usually see it somehow... Roads, bridges, schools, even the Iraq war! But when you bailout a privatized industry with public moneys, with no accountability or visible benefit the public we do the opposite of invigorating the economy or creating consumer confidence! We are digging a whole that truly scares me...
Well, thanks for checking in after my absence... 'till next time (it wont be so long!)
-CMF
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