brynaw

There's Just No Need For A Fed Cut

Conflating not having the desire to stick responsible taxpayers/savers with the bill for a bubble caused by reckless speculators/lenders with supporting the Iraq war is not helpful to this debate. Being anti-Wall Street bailout does not = being pro-neocon. I am anti-war AND anti-bailout.

There's Just No Need For A Fed Cut

Joe,

Personally, I *do* feel some sympathy for people just looking to buy 1 home for the purpose of shelter and got bait-n-switched into a dodgy mortgage (Golly, remember that? Back when houses were primarily used for shelter, not poker chips in a global speculative Ponzi scheme?). However, I take exception to the idea that anyone *has* to buy a house. There are other alternatives --like renting, which I'm currently doing as I do not want to be a sad statistic myself.

There seems to be this absurd prevailing mindset where renter = "loser"/second class citizen, and hyper-leveraged homedebtor = "winner". Really an outgrowth of our current "winner take all" and "he who dies with the most toys wins" mindset. IMHO, this is just a symptom of a fundamentally sick society where what you consume defines who you are.

Don't let FUD and hyper-materialism run your life. You have alternatives --exercise them.

There's Just No Need For A Fed Cut

Oops...

-God bless you, Tom Sullivan
+God bless you, <strong>Todd<... Sullivan

There's Just No Need For A Fed Cut

God bless you, Tom Sullivan. Took the words right out of my mouth. Anyone who agrees and is NOT in favor of a reckless lender/hedge fund bailout, please write your Congresscritter or Senator:

www.house.gov/writerep/
www.senate.gov/general...

Can't hurt to sign this petition too: www.petitiononline.com...