Re: OT: Bailout Bill

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Author: Dan Lund
Date:  
To: Main PLUG discussion list
Subject: Re: OT: Bailout Bill
While OT is a great thing, it has to be somewhat in relation to the
main conversation we have.
Politics is not a good thing for us to talk about since we are a large
variety of people.
Linux or computer related here.
I'm sorry, but I am starting to become a little disheartened by it,
since if we talk about this then there's always someone pulling this
card out at the most inopportune time to shut you up to prove they are
right. I figure it's best to not even start.

Thanks,
Dan Lund

To exercise power costs effort and demands courage. That is why so
many fail to assert rights to which they are perfectly entitled -
because a right is a kind of power but they are too lazy or too
cowardly to exercise it. The virtues which cloak these faults are
called patience and forbearance.
-Friedrich Nietzsche



On Thu, Sep 25, 2008 at 9:43 AM, Joshua Zeidner <> wrote:
> Hey all,
>
> sorry for the OT, but I think the gravity of this situation offsets
> the negatives of making this post here.
>
> In case you are not aware, congress is currently considering
> emergency legislation for a supposed 'bailout' of 700 billion dollar
> credit line to the US Treasury in order to provide 'liquidity' to
> credit markets in the US and worldwide. The situation is somewhat
> complex, but what I want to explain here is how it relates to things
> you may see every day as an Arizonan. You have no doubt seen more
> than one totally ridiculous and imprudent mortgage loan dispensed in
> the area over the past few years. You might have assumed that these
> risky loans would be the problem of either the bank or the borrower.
> The alarming aspect to these recent developments are that we as
> Americans have learned that it is in fact *all of us* that are going
> to pay for these bad loans. Does that sound fair to you? And it gets
> better: when we fork up the 700 billion, houses will not even become
> any more affordable. If you are struggling you will continue to
> struggle despite this unprecedented transfer of wealth to the
> treasurer. With 700 billion dollars we could build houses for the
> entire country. This bill amounts to nothing less than robbery.
>
> I truly hope that you consider calling your congressmen and
> congresswomen and voice your opinion to this bill. Your real voice
> makes a difference.
>
> thanks all, and I really hope you call your representatives. We as
> a country have to stop complaining and get involved. Im not really an
> 'activist', Im just a regular American who knows enough about this
> situation to know how much of a tragedy it is.
>
> you can get the phone numbers here by typing in your ZIP code:
> http://www.congress.org/congressorg/home/
>
> thanks, jmz
>
> --
> "I know not with what weapons World War III will be fought, but World
> War IV will be fought with sticks and stones." --Albert Einstein
>
> - http://www.joshuazeidner.com/
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