Bailout....., it's a word being used everywhere and incorrectly, I might add. In economics and finance, a bail out (properly spelled) is a term used, especially in governments, to describe a situation where a bankrupt or nearly bankrupt entity is given a shot of liquidity, in order to meet its short term needs.
In actuality, the term should never have occasion to be used. In capitalism, the strong businesses survive while the weak fail. The government, which should be run like a business, should only spend the monies available to run itself. The problem is, the government is run and operated using deficit spending.
Politicians, through deficit spending, discovered that they could use earmarks and appropriate some of these monies for their own state or districts, while feathering their own nests in the meantime. Industry learned that through lobbyists, they could influence these same politicians with campaign contributions and questionable loans and payments to the politicians.
In the interim, both political parties, attempt to run the government in their own way and for their own gains. The republicans want to keep all the money in the family at the expense of the public. The democrats want to give all the money they can to a multi-generational welfare society and anyone who comes to America, whether legally or illegally.
The bottom line is that the middle class pays for the democratic give-aways while supporting the republicans through their tax dollars. The only way to insure that a we will not have a gridlocked, do-nothing Congress and that laws will be implemented to oversee and control poorly run, large corporations that force the use of the term "bail out" is to have a three party system that represents all of the people.
Imagine a three party system that would give the middle class some say in the running of this great nation. A left-wing party, a right wing party, and then a middle of the road party with two wings that could actually help the government fly.
Imagine that you would not have to vote for the egotistical, self-righteous, narcissistic, wet behind the ears, Barrack Hussein Obama and his motor mouthed vice presidential running mate. You would not have to vote for a war-mongering, close to death, computer illiterate, John McCain and his Shirley Temple, Britney Spears vice presidential running mate. You could just vote for someone normal or at worst, a combination of the above described candidates.
The Pictures: Perhaps you wonder about today's theme. Well, worry no more, my little bi-polar bears, the pics will give you a hint.
This Date In History: 1513; The members of a Spanish expedition under Vasco Nunez de Balboa cross the Panamanian isthmus, becoming the first Europeans to see the Pacific Ocean. 1690; "Publick Occurences, Both Forreign and Domestick,"(sic), the first newspaper in the American colnies, publishes its only issue before being suppressed by the government.
1789; Led by James Madison, the U.S. Congress approves 12 amendments to the Constitution. Ten of these amendments, which will be ratified by the states in 1791, are known as the Bill of Rights. 1965; Satchel Paige becomes the oldest pitcher in major league baseball history when he throws three scoreless innings for the Kansas City Athletics at the age or 59.
Birthdays: Rebecca Elizabeth Dozier-Sullivan (my mom) (1915), Qianlong, Chinese emperor (1711), William Faulkner, novelist (1897), Barbara Walters, television journalist (1931), Glen Gould, Canadian pianist, composer and broadcaster (1932), Scottie Pipen, basketball player (1965).
The Hits Just Keep On Coming:
Frank was excited about his new rifle, and decided to try bear hunting. He spotted a small brown bear and shot it.
There was then a tap on his shoulder, and he turned around to see a big black bear. The black bear said, "That was my cousin, and you have got two choices. Either I maul you to death, or we have sex."
After considering briefly, Frank decided to accede to the latter alternative. Even though he felt sore for two weeks, Frank soon recovered and vowed revenge for his humiliation.
He headed out on another trip where he found the black bear and shot it.
There was another tap on his shoulder. This time, a huge grizzly bear stood right next to him. The grizzly said, "That was a huge mistake, Frank. That was my cousin and you have got two choices. Either I maul you to death, or we have rough sex."
Again, Frank thought it was better to cooperate. Although he survived, it did take several months before Frank finally recovered. Outraged, he headed back to the woods and he managed to track down the grizzly and shot it.
He felt sweet revenge, but then there was a tap on his shoulder. He turned around to find a giant polar bear standing there.
The polar bear said, "Admit it Frank, you don't come here for the hunting, do you?"
Two guys were walking in the woods one day, and they all of a sudden came across a bear. The bear noticed them, and started growling and generally getting really mean. The bear started to chase one of the guys, who, as it turns out, was from Czechoslovakia. The bear soon caught up with him, and ate him alive. The other guy turned around and ran for his life.
A little while later, the second guy found a park ranger station and told his story. The ranger took his gun, and they both went out in search of the bear, in order to destroy it. Soon, they came across two bears, one male, and one female. The ranger turned to the other guy and said: "Quick... tell me which bear ate your friend!" The ranger leveled his gun and got ready to shoot. "I'm not really sure," said the other guy, "they both look similar."
The ranger said, "Quick! Make up your mind!" said the ranger. The other guy said, "Ok, it was the male." The ranger promptly aimed and shot the female bear. The male ran off. Using his knife, the ranger cut open the belly of the female and found the body of the other man.
"But why didn't you shoot the male when I thought it was the male who ate my friend?" the other man asked. "Well," said the ranger, "I never trust anyone who says that the Czech's in the male."
That's it for today my little bare cubs. More tomorrow.
Stay Tuned !