I am a low information voter ............

[Stinky The Clown]

.............. when it comes to this financial crap.

I don't even balance my checkbook. I am so stupid I trust my bank to get it right.

And I'm supposed to know what to do in this crisis?

:shrug:

Instead of financial smarts, I have standards. I want people to be made whole. I want the little guy not to suffer. I want the ratfuckers punished. I want those who made a few bucks to keep it if they did it honorably. I know what honorably means. To me. I want ordinary, no-influence people to be the first in line to be protected.

I want the self-important geniuses to shut the fuck up. Its just noise and it doesn't help.

[Old Codger]

1. amen N/T

[Historic NY]

2. Your here so your not that low in the info dept.

[Stinky The Clown]

3. I am when it comes ot financial crap

Yeah ... probably more informed than many, many people. But not one bit, not one IOTA qualified to know what to do in this case.

[DeeDeeNY]

15. Me too.

But I did once stay at a Holiday Inn Express.
:shrug:

[Tallison]

4. I never balanced my checkbook either

Always hated details, more into 'big picture,' which is why macroeconomics is so interesting.

But as to reading my bank statements; ugh. I'd rather save the world from my armchair.

[Booster]

5. I'm 65 and I have NEVER balanced my checkbook. I learned

when I was very young to have a savings account tied to my checking account and have always kept at least $1000 in savings to cover any check that might not clear. It has worked well for me. When I did try to balance my checkbook, I would always end up crossing out what I thought I had and putting in what the bank said I had and finally decided that was stupid. It bores the hell out of me. So you're not alone - I haven't a clue what the Hell is going on with this bailout, but I think I'm against it. I just don't trust Bushco on this one damn bit.

[nevergiveup]

6. I am also a low info voter

when it comes to high-flutin financial stuff but I have a small business and will need to take out a loan the first of November for inventory for the holidays. I have 4 employees with families of small children who are dependent on the survival of my small business. I wanted this bill to pass.

[Hekate]

7. Amen, Stinky.

Mr. H and I were just talking this morning about how ordinary folks can't understand these machinations because they are not supposed to. We talked about the family on our street that got foreclosed on several months ago, and all the folks who don't even speak English all that well who trusted the lender to tell them what the papers that they were signing meant. :cry:

Hubby asked me if I had ever read all the stuff I've signed with him over the past 25 years and of course he knows that I have not. I said "I can't make head nor tails of those documents." He said, "And you, Sheila, have a PhD." I said that was my point exactly. He is practically the only person I know who can scan pages of tax manuals and mortgages and insurance agreements and actually understand what the hell they mean. If he doesn't, he makes the person asking him to sign it explain it until he does. With footnotes. I long ago decided to trust him. But my point is -- he's the only one I know like him, except for maybe his brother who used to be a banker.

He said, "Those things are written so people cannot understand them. On purpose."

So yeah, Stinky. I'm with you all the way. I want the ratfuckers punished. Preferably with no time off for good behavior.

Hekate

[BuyingThyme]

8. Pretty high-info to me.

[stillcool]

9. Me too.

I was against it before I was for it, before I was against it again.

[Stinky The Clown]

10. I know exactly what you mean

My head is spinning. The nooz media (and DU) are currently very unhelpful.

[TexasLady]

11. Im the same..

Things like this make me read a lot more than post on any financial threads.

[SoCalDem]

12. MOST of America is "low-information" when it comes to finance

and that is by design..

Kids learn at an early age that "numbers are tricky and math is ha-aaaard".. Most kids take as little math as possible, and shun anything that comes with a "formula" attached in any way..like Logic or Econ...

For a very long time, we have relied on others...."smarter people than we are" to make those monumentous decisions about the way things work, at the macro level...and for a long time we were lucky to have principled people, for the most part, making those decisions.

It's no longer that way.. Our crazy drug-addicted, alcoholic brother-in-law with the gambling addiction has taken over the family finances, but he's a charmer & has assured us that everything's under control..:eyes:

[deaniac21]

13. Actually, as I'm sure you know, Congress controls the purse

strings. They can take or leave leadership and advice from the executive branch. It's a shame this crisis has come up at a time when all of the politicians in close races vote to get themselves elected instred of what is best for the country. Basically, the approach so far has been to give the assholes that caused this debt crisis with there unsound sub prime loans public money that they don't have to pay back so they make a double killing. We can do better than that.

[zanne]

14. Beautiful rant. nt