Search Results

The Book of Time: Can't remember author, a kids book, not bad, cept it's a tad young for me. :p It's about a kid traveling through time to find his dad.

Another: Dewey: About a kitten who ended up in a library drop-off box in the coldest day of the year and lives in said library now.

Actually, the no foreign presidents policy came from what most policies came from.

A bunch of people hated one president from Mexican origin and made the amendment like that.

As everyone else is pointing out, rumors are going to be flying left and right through this whole election. Until I see actual proof on a newsite beyond FOX and CBS, I will believe it.

He's the runt, so he's really small and curious. He loves to climb, we're going to get him something where he can climb all over the place without us worrying.

He also loves the toy I got him, a little cat string with fur and streamers.

He's laying on my chest looking at the computer now.

We're still deciding...

I want to call it Akemi... Mom wants to call it Pikachu or something. *rolls eyes*

Akemi: Japanese for beautiful sunrise, dawn.

China might have, but they're still not going to let go an invasion of North Korea, it'd kinda be a damper to their country.

The thing is that Obama has at least a sense what the workers are going through. (Yes, I'm democrat.) This isn't something someone who grew up with a lot would understand. FDR who brought together the country during the last financial crisis of this scale appealed to the workers, the people who needed jobs and removed a lot of the government to people barriers that are being scaled back.

Obama isn't probably at the level of FDR is at, and if I say otherwise at any time, you can smack me. But right now, it's not going to be a bunch of people who don't have a sense of understanding what the working class, the people who put food on the rich classes plates is going through. He also is getting people together who knows at least a little of what this country needs to get done to pull this economy through this crisis.

Republicans are against Federalization in a massive scale, and I defiantly don't want this into a federalized country completely, but right now, we need at least some government support. And democrats, if anything else, offers that. McCain has been an ardent supporter of Bush, changing tactics every five seconds, and so far hasn't shown any appeal to the people who need it the most.

Also, Evil... If you brush up on your American Government, most Senators create the laws for the President to look at. Or the House, it's rare for the President to do so, he can step in and encourage/discourage a bill, but not actually make one.

I believe in god, but I don't do any religion.

Neither does my mom, my dad is a devout Evangelical, right wing as far as you can get without going completely insane and that's what drove me and my mom from religion.

We can't invade North Korea, for a lot of very good reasons... fyi...

Off-topic, sorry staff...

The reason why we lost North Korea is because it's right next to the Chinese border, which is pretty damned close to their capital Beijing, anyone who invades North Korea is going to face against China afterward.

We did invade North Korea at one point, the Chinese just drove us back to the South Korean border. They just surrounded us and shot at us till we were driven back there.

China won't let us invade North Korea, it's their safety net. Bush actually, in my opinion was smart not going after Korea though he was eying it. I do disagree with the war, but it would cost us even more lives to go after that country, nuclear or not.

Right now, we don't need experience, we need someone who actually knows what the hell is needed. I still strongly doubt Palin has as much experience as people say, I think Obama could pull us through this without a huger deficit that we have, or letting the banks CEO's trot away with more cash.

I won't go into the banking industry, but the housing market was a ticking time bomb, everyone who was an economist warned everyone else about it.

No one, including the banks, listened enough to save themselves or anyone else.

There needs to be change, and right now, the only one who is offering it is Obama.

Ayep... I talk to my parents once in a while bout it.

They seem to have developed a tolerance for it with my hobbies. :p

Mine is either Digimon or Sailor Moon.

Don't know which one, it's been a while. I read the Pokemon manga, though... And saw Spirited Away.

Way too long ago.

Wait, Sailor Moon was probably my first. Then Digimon.

Like Bunterx said, it's not just experience.

George Washington was one of the best presidents of all time and he came from a tobacco farm and a military background. He absolutely had no experience in politics but pulled a country together.

Experience looks great on a resume, but it doesn't tell about the PERSON. Obama is showing open-mindedness about the economy with the best economic advisers in the world around him helping him through this campaign. He's getting people who he knows will get the job done.

And about Palin being more "experienced" than Obama, I'd be surprised if she knew what a real crisis is. Alaska in the 1990 census, I couldn't find the 2000 one, is the 50TH STATE out of 51 states, including Washington D.C. for population. There's about 1 person per square mile in Alaska. That's like for me being a mayor in the middle of nowhere in back country and then running for Vice President or Governer. No offense to anyone.

She doesn't have the experience or the knowledge to be Vice President. And McCain seems to be an ardent supporter of Bush. From his speeches and accusing Obama of being a terrorist.

Obama has a cool head and really seems to know what he needs to do. I'm voting for him. Also, I think it's time for change, even if the economy hasn't been fully destroyed by Bush, there's too many coincidences for it not to be somewhat connected.

Proven as far as I know.

AIG and several other companies publicly announced what they were spending the money on when the bankruptcy started. AIG freely admitted in a lot of cases that they were spending the money freely.

CEO's admitted on owning mercedes, and top executives had weekend homes. The bonuses came despite the housing teetering on the brink.

And what Repliku and I said, the banks aren't going to give you anything right now, they are even refusing businesses for the holiday. Businesses DEPEND on those loans for the merchandise for the holidays, but banks are planting their feet.

*goes flying from the impact of the glomp* OOOOOOOOOOOOMMMMMMMMMMMPPPPPPPPPPPHHHHHH!!!! I missed you too... *pets*

I'm on a federal loan, Stafford so as far as I know, and I'm hoping it's true, that I won't have a floating interest rate.

I also picked the one that the government pays for interest for your whole time in school and at least a six month reprieve afterward.

Still, my loan is 11,000 dollars, which isn't bad considering others, and I have a low monthly payment for it, I'm lucky. I know a classmate who owes 40,000 dollars for her loan without interest.

The thing is, people get loans thinking it's a great deal and don't realize it later. The whole credit card, and I EMPHASIZE this for teenagers, is a plastic debt. The interest rates are a lasso to pull you in, and then the rate will go up, if you have one, I emphasize now to pay every month if you want your interest rates to stay low.

People don't realize, it's just smart spending, economists emphasize it all the time. The banks don't realize it, either, hence one of the reasons why they're in such poor shape right now.

Don't bite off more than you chew, and read the fine print, the banks did screw up massively, and I'm hoping that they at least learn from it.

Bank owners mostly invested it in risky loans, meaning the person didn't have good credit in a lot of cases.

Think about it this way: You want to get a house, you work part time at a store where it just pays the bills, the bank offers you a mortgage on a house that is for sale, a really low interest rate and something you can afford. You buy the house, ten years pass and suddenly your payments go up to over a thousand dollars a month. This is called a floating interest rate where the banks control what you're paying for interest. You can no longer afford the house, you get behind, boom, you're evicted.

Now picture this happening to hundreds of thousands of people all at once, the banks no longer are getting cash from one of the biggest loan groups in the industry, the money the banks had was spent, on spas, weekend homes, private schools, Mercedes, you name it...

The banks basically spent the money they had and are no longer going to get any money from the loans. Also to boot, no ones buying the loans anymore because of the financial crisis, so they're not getting any cash flow from this either.

This what killed the banks. It wasn't only housing, it was cars, student loans, credit cards, business loans...

What did AIG do with the money? *has heard a ton of different stories, like Bear Sterns, but not AIG*

You don't want to know what Bear Sterns did with their company.

Federalization is not all bad, but people were put in this mass panic because like my mom, they were told: "This will cause a huge economic crash if this doesn't pass, make the bailout happen."

Which depressed my mom severely when it wasn't passed, I did explain later what I realized in my post. It's not just federalization that's the problem, it's the information that is being said through the news to support the bailout to the point where people are going to panic if it's not passed through, it's happened in the past, even in another bailout where an industry giant got a huge bailout and flourished, turned around afterward and crushed all the small companies that would've at least held strongly against it falling.

The news gives people the scare that this is the last resort, this is the only thing that will save everyone, and that's one of the biggest and frustrating points in the U.S., because federalization is good sometimes, and in situations like this, it could help out a massive way without seven hundred billion dollars just given out there in the economy to maybe cause a severe economic crash.

Oh yeah, another note, we ARE in a recession, all economists called it on February with the job losses, one of my teachers called it the day school started again. It just hasn't been officially announced due to several circumstances, one being the election.

I've heard both sides, noted, the bailout did fail in the Senate.

One is from my mom, who is a blue blooded democrat. She says, and I partly agree, that if this doesn't pass it will cause a financial collapse in the government. This is the thing: Credit as we know it is frozen at this moment. No houses on the market, even with a good amount of money, the top five percent which my aunt is in, when she tried to buy a house last month, are going to be sold, the banks are tightening their noose every day.

The bailout might or might not help stop this credit crunch, but this was due at least partly to the fact that banks have absolutely also refused to give out credit due to their worries about the delinquency rate. Or how many people will pay them back. It's no longer the houses, it's cars, credit cards, student loans, businesses and god knows what else.

We are in a standstill for the economy credit, and that disturbs and worries me more than most of everything else, even than the dollar.

Think about it this way:

In the U.S., to go to college, you need a loan less your parents can pay out of pocket and financial aid, to get a car, a loan to help pay for it. To buy more expensive stuff, a credit card, which is a loan on plastic, even books that are four dollars are bought on credit cards sometimes, I work at a bookstore and see it done.

Now imagine that all gone, even with the bailout, the banks refuse to give out loans for anything, for whatever reason, or crunch it down to the point where very few people can borrow.

Where is the economy there now?

Even with the bailout, it's not a miracle cure, it's the fed saying: "Okay, you screwed up, here's money to help you, do what you want with it." It's not: "Okay, you screwed up, here's money to help you, and you have to make it specifically made in a budget for every penny you spend on either loans to help people, pull yourselves out of the fire, and use the rest on help you need, we need receipts for every transaction with the money, fyi..."

What the banks do with the money is up to them, hence the reason why it was shot down in the Senate, or one of them.

The other point is this: The Fed has other options, this was done partly because of a mass panic, which is understandable, but the Fed CAN still buy all those delinquent mortgages and save the banks. Why they don't, who knows, but it costs a crap load less than the bailout. The bank CEO's suffer, but they made a gamble, they screwed up and now they're running to the Fed with their tail between their legs. If you gamble in Vegas, you can't run to the owner after losing money and ask for a 20 million dollar bailout to save yourself.

That's my opinion from a graduated economist. *bows*

Good Nexy, good... How about yourself? Ello Roxas Sora...

I'm always Busy, but on less I'm getting food or something. I usually log off then, but I'm playing games or something, or reading fanfiction. :p

Ello gods... *bows*

The third member has arrived, and where is everyone?