Stickers & The Bailout

Sep 30, 2008 07:41

Hey, I got about 15 people who wanted stickers, and I only had 8 to give away (I thought I'd had 6, but apparently I had more than I thought!) so I went ahead and mailed out stickers to the first 8 people who commented. Now, my friend said he had a fuckton of leftover stickers, so I'm gonna ask him if he can spare 7 more so all the people who commented can get one. Hopefully he will have enough.

But yeah, those first 8 people should be getting their stickers in a couple days. I mailed them in a card so hopefully they won't get bent or anything.

I've been following the current financial crisis pretty close, watching news reports and reading newspaper articles about it every day for the past week or so, as well as voraciously reading everything people on my flist have posted about it, but I still don't totally understand how this bailout is supposed to work.

As you all know, yesterday the House rejected the bailout and the stock market went down 777 points, which meant nothing to me until Brian Williams explained it had lost 7% of its value. Even I understand that's bad.

FWIW, I don't like this bailout one little bit, and I'm glad it didn't pass the House, but I do know SOMETHING'S got to be done, or we're gonna go into another great depression. Now I work at a grocery store and people always need food, so my job is pretty safe, but it's still gonna suck. My grandfather was born in 1928, and I grew up hearing his stories of how terrible it was to grow up during the Great Depression.

WaPo: The leaders of the country said: Trust us. The people said: Not this time. That pretty much sums it all up for me. I mean, my whole thing is, it was the unfettered free market that got us into this problem in the first place, and NOW the CEO's and the republicans want government intervention? All that's gonna happen is we'll bail them out this time, and then they'll continue spouting their "free market solves everything" philosophy, and we'll be in another financial crisis as soon as we turn around. Why can't the allmighty free market fix this problem on its own?

Oh right, that whole great-depression-the-sequel scenario. SIGH.

Also, hey, OT, but what's going on with these gas shortages around the country? It seems mostly like a Georgia thing, from my flist.

money

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