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Random Thoughts

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I’ve been thinking.  And I’ve concluded that there are just a lot of things that don’t make sense.

Politics — Millions of dollars are being raised and spent for politicians to get elected.  I think I read the other day that Senator Barak Obama had raised $66 million in August, a new monthly record. And that’s the tip of the iceberg.  All the candidates, presidential and otherwise, talk about what they’re going to do for the middle class, the working class, the poor. How about just giving to them what has to be, in total, the billions of dollars they’ve raise for attack ads? Does anyone else think it’s a little screwy for all these candidates to be raising the kind of money they’re raising to help themselves, while merely talking about helping others.

Wall Street — We’re told the Wall Street meltdown stems from the sub-prime mortgage mess. Loans that shouldn’t have been made were made, then bundled together and sold as securities using documents that no one could understand, allowing a lot of people to get rich and now a lot of people to get hurt. For some reason, this reminds me of the Chinese baby formula scandal.  Baby formula was produced using dangerous chemicals to make the formula appear more nutritious. A few babies have died, a lot have become sick, and a lot of people have gotten rich. The only difference I can see between the Wall Street scandal and the baby formual scandal is that the Chinese government is putting those responsible in jail.

Main Street — We’re supposed to believe that the bailout of Wall Street is for the sake of Main Street, but I’m having trouble digesting that. It appears to me that the titans of finance, the richest people on the face of the earth are getting the bailout money. They’re the same ones who lost all the money which put us in our present predicament. Why are we giving them more money? There are people on Main Street in Galveston, Port Arthur and Houston who’ve lost everything to Hurricane Ike.  Why not give them the money first?

Workplace — Will there be a bailout of laid off employees and employees who will be laid off between now and the end of the year and during 2009? I guess this bailout thing will only go so far. Once the people at the top have been bailed out, there’s not much left for those in the middle and on the bottom.

I’ve got to stop thinking.

  1. No, Mr. Phillips, you need to keep thinking. And I do wish that others would start thinking as well.

  2. John Phillips says:

    Thanks for your encouragement, Marie. You keep thinking, too.

  3. Great comments John! Wish they were required reading for our politicians.

  4. John Phillips says:

    T,

    Well, thanks. There’s no way to require politicians to do anything, which is strange, since they theoretically work for us.

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