Charlie Ragonesi Big Canoe Realestate's Blog: Here we go Again !!!

Here we go Again !!!

Well the Feds are now in the insurance business. We are bailing out AIG. Naturally the price of oil goes up again today. This whole thing amazes me. The idea that if you are big enough and screw up bad enough some one will save you is now the new motto on Wall Street. Too bad Lehman Brothers you weren't big enough to get help.

Her is the real issue . YOU CANNOT DEREGULATE THES GUYS  as others have suggested. Why ? Because when they screw up you and I are called on to bail them out. If you deregulate then you have to let them go under. It appears no one in Washington is willing to take that step. So then you have to regulate them so they cannot hurt us the way they have. These guys caused this mess. Let them go!! Corporate Welfare you gotta love it !!

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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog

On line at www.allmountainrealty.com Call at 706 579 1098

We sell Homes                                                    

 

11 comments • Charlie Ragonesi Big Canoe, Jasper, North Georgia Pros • September 17 2008 06:59AM

Comments

well said Charlie, I think most of the American public is sick and tired of bailing out corporate collapses.

Posted by South Austin Real Estate Blog (Sky Realty South Austin) over 3 years ago

Charlie - All I know is, if your or my small real estate company goes under, nobody is bailing us out...

Posted by Frank & Jodi Orlando Get Us A Home Realty Atlanta Homes Sale over 3 years ago

Charlie:  Just commented on a similar article on Jim Crawford's BLOG.  Those of us who have studied the formation of Nazi Germany under Hitler, see some VERY FRIGHTENING parallels.  This is really scary stuff, almost a systematic takeover of the financial and insurance markets by the government, all in the name of a "bailout".  Stay tuned - the episode is NOT over yet.

Posted by Steve Homer (The HBH Group (Keller Williams affiliate)) over 3 years ago

So much for the "private sector can do it better" idea. Just about everything that has been deregulated has gotten worse ofer the years.

Posted by Richard Mielke, REALTOR, Gettysburg Pennsylvania Real Estate (Miller & Associates Real Estate, LLC) over 3 years ago

LOL "Corporate Welfare" - great term!  This one had me chuckling for a good 5 minutes; I know it was a serious blog, but I just got the image of a bunch of guys in suits and ties at the front of a soup line, asking for steak and caviar, while their limo drivers waited outside.

I don't know why my mind works this way...

Great rant blog!

Posted by Scott Owens - REALTOR® (Prudential Property Specialists) over 3 years ago

I hate it when people say the "fed" is bailing them out.  We the "tax payer" is bailing them out.

Dave

Posted by Dave Woodson (Dave Woodson) over 3 years ago

That is a federal tax dollar hard at work!

Posted by Katie Evans (Keller Williams) over 3 years ago

Is it socialism, masked as a bailout. We (the taxpayers) foot the bill (socialism) but don't get the benefits....that is really good, solid economic policy. Geez!

Thanks for the post Charlie!

Bo

Posted by Bo Hussung (Netco Title) over 3 years ago

Charlie...

Just another wet spot on the slippery slide to socialism!

Posted by Richard Weisser Coweta Fayette Real Estate over 3 years ago

Hi Gail thanks for your comment on my blog

Posted by All Mountain Realty over 3 years ago

You are so right and I posted about this this morning and alluded to your comments

Posted by All Mountain Realty over 3 years ago

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