Why don't they just enforce the laws already on the books? We already have reserve and Tier Capital Ratio requirements. Oh wait, those laws say nothing about government takeover and management, just prompt corrective action (which we're also not enforcing). Silly me, I answered my own question.
In a perfect world, Bawney Fwank would be clean-up boy at an "adult movie" theater, not managing US economic policy.
Hold on ,didn't the Government take over the Railroads way back in time.?
Mom was reminiscing about her parents and mentioned that at one point the railroads were under Government Control. This was about the time she began to tell me about rationing of food and gas, all the civil liberties that went out the window once WW2 began.
I believe they also had rationing after the WW1 time also. During the depression her grandparents owned a hotel so she never with out butter or sugar as a child.
She tells of having to paint her legs with of all things Iodine as one could not get silk stockings, Woman without money still curled their with rags and Snoods were in style.
In the 30 ies the only way for a man to really make any money was to go into the military. The country was in such bad shape at that time that all services had a 500 a year recruit policy.
Some how my Dad made it at 17, into the navy, at 18 he met my mother and her parents threw a fit. Back then it was a social NO-NO to allow your daughter to date a Sailor.
Dogs and Sailors, Keep off the grass.
Mom must have been a wild child for her time, she went against all convention, not only dated a sailor but married the man that came from the sea.
They were married 54 years when Daddy passed away.
What does this have to do with the subject.?
Just listening to someone in their late 80 ies. about what they have gone through with politics and how their life changed due to war, depression and administrations is an eye opener.
When I asked how she felt about today's world she gave me that look out of the corner of her eye that we all know comes after a stupid question.
She finally said,--- "Not my problem, not yours at your age, find a way to survive if you can and be glad you will be dead before you have to see what becomes of the future generation beyond Grandkids."
Ouch, perhaps she is right, Back before I was born she and Dad never could have had any idea what kind of world I would become an adult in.
No way can I imagine what the world will be like 50 years from now, My kids are grown and have their own family's to raise totally different from the way I raised my kids, all the new Technology, now my own kids are complaining about how difficult it is to raise kids that ---belong to the state, They or I do not know how anyone can raise a child today when a trip to the woodshed puts the Parent in Jail.
So lets government controll of business, banks, --Oh yes the banks only followed Federal law that led them being forced to make loans to the disadvantaged, now the people that made the laws are Blaming THEM for the mess we are in.
So my 7 year old granddaughter learns in school about alternative sex-----I was 30 years old when I first worked with a gay and had little knowledge of his life style. Sure on Thursdays in highschool no one wore Yellow, or you were gay. What the heck was gay to us girls, few of us had any idea what Gay was. Sure didn't harm us not knowing and I doubt if we had been told we would have believed it.
ok. Been away for a couple of hours and wonder if I should post this wandering flight of Ideas
For those who have read my rambling, I just came from a funeral of a relative that is one of the few that remember me as a child.
I got my Mom in and out but then listened to her for 90 minutes tell me the history she lived through.
I think I came from a blessed time, not too sure what the future will hold.
Sorry kids, I cannot imagine what your lives will be like, Sorry that you will have to put up with the future. Darn but I feel sorry for my family for what ever happends in their life time.
