kokopelle: (Cat - Felix Pace)
[personal profile] kokopelle
I had a bad scare this morning when I saw the headlines of the newspaper. The banner said, "Bush Warns of Deep Recession". OMG I said... Bush is not known for being so direly direct. His normal style is to either say nothing about a bad situation, or at the most, mutter platitudes about things getting better sometime in the (distant) future. The directness surprised me and I thought that the financial state of the nation was suddenly bad enough that even Bush had to admit something was going on.

Well, I was wrong. A further reading of the associated article revealed that Bush's full message was something like, "deep recession is coming IF you don't approve my bailout plan". Heavy sigh. The inclusion of a two letter word turned the headlines from an admission of responsibility to a CYA warning. Gotta love a person who can work all the angles when they're in a crunch.

IMG_6615

Date: 2008-09-25 01:52 pm (UTC)
From: [identity profile] chimerae.livejournal.com
I know you're REALLY busy but have you contacted your senators and representatives?

I REALLY think constituent response matters - and if we do nothing we have ourselves to blame.

Date: 2008-09-25 01:57 pm (UTC)
From: [identity profile] chimerae.livejournal.com
How to find your congressional email and contact info
http://www.visi.com/juan/congress/

pass the word! http://votenobailout.org/


Date: 2008-09-25 03:46 pm (UTC)
From: [identity profile] greensh.livejournal.com
Sadly I don't know enough to know if some kind of bailout plan is needed or not needed. The "truth" is hard to come by when this kind of money on the line and emotions are running high. Do you know where I can find a dispassionate analysis of the situation from both points of view?

Date: 2008-09-25 04:23 pm (UTC)
From: [identity profile] chimerae.livejournal.com
For this sort of thing, I read the Wall Street Journal, Christian Science Monitor, and Forbes and take a look at what Alan Greenspan says . . . all of that to balance whatever Bush and the congress are saying 'cause I don't think the latter have a clue.

It doesn't take a whole lot of reading those sources to get a sense that we're in trouble no matter what.

Seems like if the gov't does NOT step in there will be a market correction and folks like Buffet will step up -- when the price is right.

I do my reading with a feeling similar to listen to really great techies talk about systems that rock and upgrades they want.

My strong sense is that the technology of our humanness (culture) has evolved to a point from a system perspective that nobody has experienced before. Anyone who's a "specialist" in this area is an expert in a world that no longer really exists. I find them valuable and treasure them, but. . .

You know, I was trained to change out and recalibrate heads on the old 10 meg drives that were the size of a dishwasher. VERY QUICKLY the realities and systems I knew no longer existed. I still know alot about the deeper ways things work, but part of what I know that has value is the depth of my ignorance in the context of populations knowledgeable in ontologies.

Take it back to your tech expertise . . .you might not know how to fix a system, but you do know that radically changing things out because you listened to the fast talking salesman who was in a hurry to get the boss to write a big check is bound to have some predictable consequences.

Date: 2008-09-25 04:27 pm (UTC)
From: [identity profile] chimerae.livejournal.com
I think whether or not the bailout is needed comes down to understanding of systems crashes, backup plans, and recovery processes. Gonna happen. When and how do we crash and burn or crash and engage in a controlled burn for cleanup?

As a techie -- how high is the cost of a crash proof system . . . and once you have invested in that, how long will it remain crash proof when partipants are universally seeking their own benefit.

Date: 2008-09-25 02:08 pm (UTC)
From: [identity profile] redqueenmeg.livejournal.com
I am shocked, SHOCKED to discover that Bush would care more about his own ass than the fate of an entire country.

Date: 2008-09-25 03:48 pm (UTC)
From: [identity profile] greensh.livejournal.com
Bush does not have an ass at this point. He is a dogmatic statue that would make any garden proud. Personally, he has nothing to lose. BUT, the people he owes allegence/favors to have BIG asses hanging out. Are their asses congruent with the asses of the entire country? I don't know.

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