To Quote A Line From One Of My Favorite Movies, ‘I Been Saying It, I Been Saying It For Ten Damn Years. Aint I been Saying It, Huh? I Been Saying It.’

Ten damn years ago, I came to the conclusion that the US economy was headed for a meltdown.  As a young pup in high school, I came to the conclusion that if people kept getting into debt they could not handle and then defaulting on that debt, banks would start failing.  Ten damn years ago this kid in high school realized what was happening. So if a high school kid can come to that conclusion, why the hell did it come to this?

I am the first person to bemoan government spending, however, I am disturbed that this so-called ‘bailout’ (which wasnt really a bailout but more of a reallocation of assets) did not pass.  I think this was kind of a damned-if-you-do and damned-if-you-dont thing.  The horrible thing is that the damned-if-you-dont seems worse than the damned-if-you-do.  I dont want to see the government take on more debt but I also dont want to see more banks fail.  On the other hand, this will force banks to be more selective as to who they loan to.  Regarding the government literally bailing out institutions like AIG, I say to my elected idiots, stop.  Im all about FDIC and FCUA insurance but we cannot shunt monies to any company that gets themselves in trouble.  That would start an alarming trend and where would it end?

I was walking past the channel 2 news studio today and was approached by a reporter getting reaction on the failure of the ‘bailout’ bill.  The reporter asked me if I thought the recession would get worse.  I replied that he should stop throwing around the ‘r’ word because we have not seen a quarter with a negative GDP so by pure definition we are not in a recession.  I then went on to accuse the reporter of fostering panic which can lead to a run on banks which can hasten the failure of said banks.  He looked a little put off for a moment and then asked me if I thought we would go into a recession.  To be truthful, I didnt know what to say.  I finally made some comment about how the dynamics and causitive factors in every recession can vary so I cant make a prediction.

If When the economy recovers, I would like to think that we will be forced to be much more responsible with our spending and borrowing.  Im glad to say that the repercusions of my irresponsible ways of my younger years are finally starting to go away.  My credit score has increased by a full 100 points in the past year and I do not have a single loan or bill that I cannot pay.  I learned that I cannot live outside my means or I will pay the price.  We all need to realize this.

By the way, the movie I mentioned above is Independance Day.

Im Eriq Kiltz and I approved this message.

You Can Put Lipstick On Sarah Palin, But She’s Still A Liar

To start off, I have to say that I disagree with Obama using the comment, “you can put lipstick on a pig, but its still a pig” in reference to Sarah Palin.  I dislike it when politicians use colourful word conjugations to attack an opponent.  Obama, stick to the facts, attack her on her record.

That being said, I think this thing is being blown WAY out of proportion.  John McCain needs to retract his demand for an apology.  I have heard several politicians use this very phrase to describe a candidate who is business as usual despite what they may claim.  I have even heard John McCain HIMSELF use this phrase during the last presidential election.  To be fair, I cannot find video of this so I have no proof except that Sam Donaldson from ABC said he remembered it as well.

Why John McCain choose Palin is beyond me, his campaign has turned even dirtier since her choice.

I’m Eriq Kiltz and I approved this message.

Is Headline News Where CNN Sends All Their Idiots?

Before reading any further, watch this video: http://www.youtube.com/watch?v=OVw1PANUcdg

Now, does this woman deserve the Nobel Peace Prize?  Sure, why not?  Is she a great human being with her heart in the right place?  Absolultely.  Did Al Gore deserve the Nobel Peace Prize?  Sure, why not?  Is he a great human being with his heart in the right place?  Absolutely.  Did Irena Sendler deserve to win over Al Gore?  I dont know.  What I do know is that Al Gore’s movie was not about a slide show.  Al Gore’s movie was a slide show presentation of a serious problem.  Al Gore has raised some valid concerns about climate change and is trying to save the human race.   Glenn Beck labeling his movie as being about ‘a slide show’ is politicizing an issue that should not be political.  Glenn Beck is nothing but an instigator.  I loathe people like him.  I dont know the criteria for the Nobel Peace Prize or the dynamics of the contest but I do know one thing, I hate arguements based on conjecture.

Im Eriq Kiltz and I approved this message.

Palin May Be Hot, But Im Cold To Her

Sarah Palin is the epitomy of everything that is wrong with politics in America.  Allow me to present one teeny tiny example.  Do you remember the ‘Bridge to Nowhere’?  During her acceptance speech after McCain picked her as his veep, she claimed that she never supported it.  In fact, she was one of the loudest voices pushing for the earmark!!!  Now she claims that she never supported it???  What a crock of shit!  I FUCKING HATE LYING POLITICIANS!  If she simply changed her mind and decided that it was not a good project, that would be one thing.  But no, the BITCH had to go and lie about it.  One of the biggest examples of pork earmarks in history and she goes and lies about her support for it???  On top of that, when she finally did see the light and had the project canceled, SHE KEPT THE DAMN MONEY!!!  I swear, I hate this woman.

Im Eriq Kiltz and I approved this message.