Comments on: The Bailout Blame Game http://aaronhardy.com/life-in-general/the-bailout-blame-game/ For all your Aaron Hardy needs. Tue, 17 Jan 2012 03:38:27 +0000 hourly 1 By: HardyHacienda.com » Blog Archive » The Latest in Aaron’s Life http://aaronhardy.com/life-in-general/the-bailout-blame-game/comment-page-1/#comment-934 HardyHacienda.com » Blog Archive » The Latest in Aaron’s Life Tue, 17 Mar 2009 04:14:55 +0000 http://aaronhardy.com/?p=103#comment-934 [...] events.  Feel free to read my non-Hardy-Hacienda blog posts entitled Thank You for Sharing and The Bailout Blame Game.  And while you’re at it, you can kindly send Holly an email reminding her that bedsores [...] [...] events.  Feel free to read my non-Hardy-Hacienda blog posts entitled Thank You for Sharing and The Bailout Blame Game.  And while you’re at it, you can kindly send Holly an email reminding her that bedsores [...]

]]> By: AaronHardy.com :: For all your Aaron Hardy needs. » Blog Archive » First-time Home Buying Tips http://aaronhardy.com/life-in-general/the-bailout-blame-game/comment-page-1/#comment-645 AaronHardy.com :: For all your Aaron Hardy needs. » Blog Archive » First-time Home Buying Tips Sun, 04 Jan 2009 22:57:24 +0000 http://aaronhardy.com/?p=103#comment-645 [...] If you don’t read the paperwork, you have nobody to blame but yourself. If you don’t understand it, find someone who does or sign it knowing that you are the one [...] [...] If you don’t read the paperwork, you have nobody to blame but yourself. If you don’t understand it, find someone who does or sign it knowing that you are the one [...]

]]> By: Devin http://aaronhardy.com/life-in-general/the-bailout-blame-game/comment-page-1/#comment-336 Devin Tue, 07 Oct 2008 16:29:26 +0000 http://aaronhardy.com/?p=103#comment-336 I like the way Glenn Beck put it: "But it's not capitalism which has been discredited by our current crisis, it's greed that has been shown to be at the root of our present economic uncertainty, and greed is unfortunately a universal human trait and has demonstrated its reach in socialism, fascism, communism and capitalism. The greed of Wall Street is nothing compared to the greed of our politicians who have continued to expand their power and influence at the expense of their country." http://www.glennbeck.com/content/articles/article/198/16171/ We all have personal responsibility but too many of us have ignored that responsibility in the past and based our actions on greed (government, lenders, borrowers, etc). The real problem with the bailout is that the government has removed greed’s balancing elements from the market – fear and responsibility. Now people will act even greedier, without fear, with the hope that the government will bail them out. What a precedence to set. Look at all of the additional companies and states that have asked the government for funds since the bailout was passed. Our government needs to learn and live by principles. This isn’t the end of this downturn, it’s just the beginning. I like the way Glenn Beck put it:

“But it’s not capitalism which has been discredited by our current crisis, it’s greed that has been shown to be at the root of our present economic uncertainty, and greed is unfortunately a universal human trait and has demonstrated its reach in socialism, fascism, communism and capitalism. The greed of Wall Street is nothing compared to the greed of our politicians who have continued to expand their power and influence at the expense of their country.”
http://www.glennbeck.com/content/articles/article/198/16171/

We all have personal responsibility but too many of us have ignored that responsibility in the past and based our actions on greed (government, lenders, borrowers, etc). The real problem with the bailout is that the government has removed greed’s balancing elements from the market – fear and responsibility. Now people will act even greedier, without fear, with the hope that the government will bail them out. What a precedence to set. Look at all of the additional companies and states that have asked the government for funds since the bailout was passed. Our government needs to learn and live by principles. This isn’t the end of this downturn, it’s just the beginning.

]]> By: DAD http://aaronhardy.com/life-in-general/the-bailout-blame-game/comment-page-1/#comment-323 DAD Sun, 05 Oct 2008 02:11:24 +0000 http://aaronhardy.com/?p=103#comment-323 Woops! That would be Aryan. Woops! That would be Aryan.

]]> By: DAD http://aaronhardy.com/life-in-general/the-bailout-blame-game/comment-page-1/#comment-320 DAD Sat, 04 Oct 2008 23:03:27 +0000 http://aaronhardy.com/?p=103#comment-320 I agree with your basic contention. However, although it would be inaccurate to compare irresponsible borrowers to the Jewish Germans, it may be fairly accurate to compare the irresponsible borrowers to the Arian Germans. They are the ones, mostly good people, who accepted Hitler because he promised them exactly what they wanted. Those people who will accept any carrot the government dangles in front of them, regardless of common sense or moral principles, are the ones who elected Carter and Clinton and will now elect Obama. If those with higher principles don't stand up against and expose leaders who are pursuing their personal agendas at the expense of our national security, stability and character, they are only perpetuating the decline of our society. And we ain't seen nothing yet. The scriptures are full of examples and warnings. I agree with your basic contention. However, although it would be inaccurate to compare irresponsible borrowers to the Jewish Germans, it may be fairly accurate to compare the irresponsible borrowers to the Arian Germans. They are the ones, mostly good people, who accepted Hitler because he promised them exactly what they wanted. Those people who will accept any carrot the government dangles in front of them, regardless of common sense or moral principles, are the ones who elected Carter and Clinton and will now elect Obama. If those with higher principles don’t stand up against and expose leaders who are pursuing their personal agendas at the expense of our national security, stability and character, they are only perpetuating the decline of our society. And we ain’t seen nothing yet. The scriptures are full of examples and warnings.

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