By Brian, on September 23rd, 2008%
All over the news lately we have heard about the crisis in the financial market and the need for government to act. There has been a massive amount of fear generated about the possibility of a global depression should some of these massive financial institutions fail. Fortunately, our government is on the job. Recently, there was an $85 billion, billion, bailout of AIG by the Fed. Now we’re looking at a firehouse passing of a $700 billion bailout of a number of these institutions that made poor business decisions. Of course, the media is casting a dire but rosy picture of this whole situation, and the line is that “we don’t want to do it, but we have to”. That’s all well and good, but there’s a few things that I think we are missing out of this picture.
First off, let’s take a look at this $85 billion bailout of AIG. The key here is that we spent $85 billion dollars of “taxpayer money” that… and here’s the kicker… nobody voted on. Chairman of the Fed Ben Bernanke and his group basically signed this money over. And who oversees the Fed? Where are the checks and balances for them? There are none. In fact, we don’t even vote on the person who is arguably the most powerful economic figure in the United States, if not the world. Each of the candidates made their point about whether bailing out AIG was the right thing to do, but in reality, even the real president didn’t have an official say in it. Even if Bush wanted to bail out AIG, he’d still have to push a bill through congress to do it. So where is the accountability for Ben Bernanke? Continue reading The Path to Socialism
By Brian, on September 17th, 2008%
Well, our power came back on tonight, and with the tree removal service coming in tomorrow it looks like we’ll be out of this mess. This has definitely been an educational experience. We’ve experienced what it is like to be in a hurricane, grown closer to our neighbors, and have a few more stories to tell. . . . → Read More: Take a Hike, Ike
By Brian, on September 16th, 2008%
Well, things are going well here. We’re still out of power, but I’m expecting it to come back up within the next 24 hours, as they have it across one of the major streets and ours is next in a logical projection I created in my imagination. We’ll see how that works out.
Fortunately, after the storm . . . → Read More: Update on the Aftermath
By Brian, on September 14th, 2008%
Just to give some of you who are looking at this website some information about how things are going with us, I’m not sure what they are showing on the national news. We have the local news streaming to us over the internet. Ironically, our cable is out but the internet is still working! Anyway, we . . . → Read More: Ike Recovery
By Brian, on September 13th, 2008%
 Tree down in my Front Yard EDIT: Pictures
EDIT: More Pictures 6:45 PM 9/13/08
Well, if you’ve been paying attention to the news, Hurricane Ike came through the Houston area this weekend. I have lived here for some years, and I’ve never had a storm this bad. Of course, the only other hurricane we’ve been through was Rita, but we didn’t have any damage then. As you can see from the picture, though, we have some damage this time. The tree in the picture used to stand in our front yard, but now it’s fallen down across our driveway. We had our cars parked in the driveway, and fortunately saw that the tree was going to come down. We took the risk and moved our cars into the street, and made it ok. 5 minutes later, the tree came down. While we were outside, we saw that there were a number of trees down on our street. Also, we have a tree down in our backyard that looks like it crashed through our fence.
The power is out right now, but our recent generator purchase is allowing us access to power, internet, TV and coffee. It’s been a long night, but it looks like we’re all going to be ok now. I’ll try and post more pictures as I get them, and post more information as I find it out.
UPDATE: Continue reading Hurricane Ike
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