pneumatik ([info]pneumatik) wrote,
@ 2009-03-11 19:10:00
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Current location:TKPK
Current mood:exhausted
Current music:An ad for rheumatoid arthritis
Entry tags:stupid stupid rat creatures

Dear Congress ...
If you don't want banks to spend U.S. government money in ways that benefit them more than your constituents, don't give them a big check with no strings attached. The banks have a legal obligation to their shareholders to make as much money as possible, and none to help your constituents.

Sincerely,
Common Sense


(12 comments) - (Post a new comment)


[info]beguine
2009-03-11 11:31 pm UTC (link)
I...I think we agree about politics. ::checks window for flying pigs::

(Reply to this) (Thread)

[info]pneumatik
2009-03-11 11:55 pm UTC (link)
You're not an idiot, so I assume we agree on a great amount of politics, just not the high-level details.

(Reply to this) (Parent)

[info]jeffxandra
2009-03-12 01:14 am UTC (link)
Aren't banks complaining about the strings the government has indeed attached to them? Some even threatening to *gasp* give the money back?

(Reply to this) (Thread)

[info]pneumatik
2009-03-12 02:23 am UTC (link)
Yeah, pretty much. The whole thing's a gigantic screw-up, and in the end all the spent money isn't really going to make much of a difference. If anything, I want Congress to attach more strings so that all the banks pay the money back.

(Reply to this) (Parent)(Thread)

[info]jeffxandra
2009-03-12 02:25 am UTC (link)
Right there with you on that one. Essentially though people panicked and, instead of making a run on their bank (because everyone's living on credit these days), called their congressmen and made a run on the government.

Congress (including Obama, McCain, and Biden) can get mad but they approved it. Citizens can get mad but way too many of them told their congresspeople to pass it too.

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[info]elengul
2009-03-12 04:12 pm UTC (link)
I actually told my congress people NOT to pass it.

(Reply to this) (Parent)(Thread)

[info]jeffxandra
2009-03-12 04:29 pm UTC (link)
As did I (via both phone & e-mail), but both your Senators and your Congressman (I think it was at the time Cummings) voted for it.

(Reply to this) (Parent)(Thread)

[info]elengul
2009-03-12 04:55 pm UTC (link)
I'm actually registered in Elkridge, so I think my rep is Sarbanes.

(Reply to this) (Parent)(Thread)

[info]jeffxandra
2009-03-12 05:31 pm UTC (link)
He voted for it too.

(Reply to this) (Parent)(Thread)

[info]elengul
2009-03-12 06:28 pm UTC (link)
Yeah ... I know :(

(Reply to this) (Parent)

[info]dibalh
2009-03-12 12:31 pm UTC (link)
Ironic note: Bank bailout money is now being used by banking lobbyists to try to (a) obtain more bailout money and (b) influence favorably the strings attached to it.

Way to go, guys.

(Reply to this)

<lj-user="beguine"> beat me to this, but ...
[info]elengul
2009-03-12 04:10 pm UTC (link)
Wait right there ...

[runs out of room, opens up a hidden door to an elevator]
[presses the button labeled "Dis"]
[upon arrival ...]

Elengul: Beelzebub, check the pilot light ... Pneumatik and I agree on an economic based political issue.
Beelzebub: That ... that can't be.

[return to real world]
How freaking moronic do you have be to not get the point you just brought up. I mean, I can see not knowing that corporations have a literal legal obligation to their shareholders, but even working off the premise that "if you give a person or a group of people money and don't tell them up front they have to spend it a certain way, don't get pissed when they spend it on whatever the hell they want." Apparently you have to be a government official to be THAT moronic.

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