I continue to be intigued by the beauty of the keys!

I had to be in Marathon yesterday. A 1 hour drive north on US 1. I put the top down on the car and away I went! Green water on both sides of the road as far as the eye could see. No radio. Just the sound of the wind to hear and the water to see. What could be better!

Dinner at the bar at La Trattoria in the evening. Kathy bartending. I like Kathy. Probably because she is from the north country also. Albany. Beecha was her usual beautiful self. And I like Beecha, too!

Then to the Chart Room at the Pier House. Hemingway’s old haunt. A small cluttered bar. Really an enlarged closet.

It was Donna the bartender’s last night. She leaves friday for Knoxville, Tennessee. We shall see her no more! Sad! We have all enjoyed her company and charm. A sweet southern belle! Accent and all!

This banking problem is a major scare! No one was paying attention! Except those who were benefitting, of course. Does government intercede? Apparently it must. It seems that decision has already been made. But in what fashion? And how much? And who watches how the money is disbursed? And on and on. And these decisions must be made in a week or less. Wild! Major screw up!

It seems like the American people are being asked to buy a pig in the poke. No good.

And the dynamics of this thing change daily. No, hourly! So confusing!

We are in trouble!

2 comments on “

  1. Once again the taxpayers are being asked…no, wait…we're being TOLD!…to bailout financial institutions (remember the savings & loan debacle?). The greedy banks should face the same fate as the savings and loans did under the Resolution Trust Company. It was THEIR greed that caused their problems…not ours! They were more than happy to give out subprime mortgages with little if any documentation. The banks looked forward to when the ultra-low interest rates would balloon in 3 to 5 years…some with an actual balloon payment at the end! They looked at the money they'd make! They didn't care about the people who were getting those mortgages. So the financial institutions should be the ones to pay the price.

    As for the people who got those subprime mortgages…they knew what they were getting in to! They saw the ultra-low interest rates & the low monthly payments…often with little or no down payment. Instead of saving up for a decent down payment (& to make their credit ratings better so they could get an "honest" low rate!), they got "greedy" too!

    And now taxpayers are being told they're going to bail everyone out! Those with subprime mortgages should just be allowed to REFINANCE at current mortgage rates. They do not deserve to have their greed rewarded by having the government (TAXPAYERS!) pay of their mortgages…as some Dems want to have happen in this bailout. If those Dems want the bad mortgages paid off and those greedy people get to keep their houses almost "mortgage free", then let those Dems pay off those mortgages out of THEIR pay…NOT MINE!

    And what is this…now some Dems also want to add in to the bailout something to pay off peoples' auto loans too…so they won't lose their vehicles??? Is this going to turn into the largest election year giveaway ever? It's nothing short of "buying votes"…which, the last time I looked, is illegal! Kind of goes: "Oh…bought an expensive vehicle, financed it through a bank we're bailing out and really can't afford those payments? Don't worry…we'll pay it off for you. After all, we're the Dems…we're the only ones who really care about you. Hope you'll remember who went to bat for you on election day!" Or maybe: "Oh…just couldn't resist that ultra-low interest rate and low monthly payments on your mortgages? Had to have that house RIGHT NOW? Now the rate is going to shoot up and you won't be able to afford your payments? Don't worry…we're bailing out the banks that hold those mortgages so you won't have to pay! Again…remember we're the only ones who care about you…and remember us on Nov 4th!"

    Will we be bailing out the auto industry next? After all, we already bailed out Chrysler once before with a LOAN…and they did pay it back…EARLY! Hmmmm…if Home Depot's sales continue to be off, wil we bail them out? And how about Linens & Things (they've already shut a lot of stores)? When does it stop…when everyone is totally bankrupt?

    As I said before, we need leadership that is not afraid to tell the electorate things they don't really care to hear but MUST hear! We don't need "doom & gloom" forecasters nor "everythings just fine" cheerleaders. We're in a mess. We've been in a mess before (Great Depression, Savings & Loans fiasco) and we survived. We're Americans…it's in our makeup. We do not need a bunch of politicians in Washington running around like a bunch of chickens with their heads cut off…crying "the sky is falling, the sky is falling!" They need to stop playing politics with OUR lives!

    BTW…someone should stop saying how much they're for the working people, how "in touch" they are with the regular person and how universal healthcare is a must…especially when that person voted to TAX PRESCRIPTION MEDICATIONS in Illinois! And let's remember it was the Dems that snuck in that little extra into the housing bill signed into law earlier this year…where people who sell more than 200 items a year on ebay (or more than $20000 worth of merchandise) must now claim what they get for the items on their federal taxes because Paypal, MC, VIsa, etc have to report those sales to the IRS. I can almost understand the $20,000 limit, but 200 items? What if you're cleaning things out & just happen to have 200 items you unload on ebay…for maybe $2 or $5 or even $10? Too bad…credit card companies have to check on item count as well as amount! The Dems didn't even bother telling people they planned on adding this "extra" to that housing bill. The SNUCK it in. How shady!!!

    Ooops…sorry…I digressed…but my name says it all…

  2. Once again the taxpayers are being asked…no, wait…we're being TOLD!…to bailout financial institutions (remember the savings & loan debacle?). The greedy banks should face the same fate as the savings and loans did under the Resolution Trust Company. It was THEIR greed that caused their problems…not ours! They were more than happy to give out subprime mortgages with little if any documentation. The banks looked forward to when the ultra-low interest rates would balloon in 3 to 5 years…some with an actual balloon payment at the end! They looked at the money they'd make! They didn't care about the people who were getting those mortgages. So the financial institutions should be the ones to pay the price.

    As for the people who got those subprime mortgages…they knew what they were getting in to! They saw the ultra-low interest rates & the low monthly payments…often with little or no down payment. Instead of saving up for a decent down payment (& to make their credit ratings better so they could get an "honest" low rate!), they got "greedy" too!

    And now taxpayers are being told they're going to bail everyone out! Those with subprime mortgages should just be allowed to REFINANCE at current mortgage rates. They do not deserve to have their greed rewarded by having the government (TAXPAYERS!) pay of their mortgages…as some Dems want to have happen in this bailout. If those Dems want the bad mortgages paid off and those greedy people get to keep their houses almost "mortgage free", then let those Dems pay off those mortgages out of THEIR pay…NOT MINE!

    And what is this…now some Dems also want to add in to the bailout something to pay off peoples' auto loans too…so they won't lose their vehicles??? Is this going to turn into the largest election year giveaway ever? It's nothing short of "buying votes"…which, the last time I looked, is illegal! Kind of goes: "Oh…bought an expensive vehicle, financed it through a bank we're bailing out and really can't afford those payments? Don't worry…we'll pay it off for you. After all, we're the Dems…we're the only ones who really care about you. Hope you'll remember who went to bat for you on election day!" Or maybe: "Oh…just couldn't resist that ultra-low interest rate and low monthly payments on your mortgages? Had to have that house RIGHT NOW? Now the rate is going to shoot up and you won't be able to afford your payments? Don't worry…we're bailing out the banks that hold those mortgages so you won't have to pay! Again…remember we're the only ones who care about you…and remember us on Nov 4th!"

    Will we be bailing out the auto industry next? After all, we already bailed out Chrysler once before with a LOAN…and they did pay it back…EARLY! Hmmmm…if Home Depot's sales continue to be off, wil we bail them out? And how about Linens & Things (they've already shut a lot of stores)? When does it stop…when everyone is totally bankrupt?

    As I said before, we need leadership that is not afraid to tell the electorate things they don't really care to hear but MUST hear! We don't need "doom & gloom" forecasters nor "everythings just fine" cheerleaders. We're in a mess. We've been in a mess before (Great Depression, Savings & Loans fiasco) and we survived. We're Americans…it's in our makeup. We do not need a bunch of politicians in Washington running around like a bunch of chickens with their heads cut off…crying "the sky is falling, the sky is falling!" They need to stop playing politics with OUR lives!

    BTW…someone should stop saying how much they're for the working people, how "in touch" they are with the regular person and how universal healthcare is a must…especially when that person voted to TAX PRESCRIPTION MEDICATIONS in Illinois! And let's remember it was the Dems that snuck in that little extra into the housing bill signed into law earlier this year…where people who sell more than 200 items a year on ebay (or more than $20000 worth of merchandise) must now claim what they get for the items on their federal taxes because Paypal, MC, VIsa, etc have to report those sales to the IRS. I can almost understand the $20,000 limit, but 200 items? What if you're cleaning things out & just happen to have 200 items you unload on ebay…for maybe $2 or $5 or even $10? Too bad…credit card companies have to check on item count as well as amount! The Dems didn't even bother telling people they planned on adding this "extra" to that housing bill. The SNUCK it in. How shady!!!

    Ooops…sorry…I digressed…but my name says it all…

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