I have been reading a lot about this $700 Billion dollar bailout and like any other good and loyal American I must put in my 2 cents.

I have been reading many headlines that go something like, “Stock prices fall as bailout is disapproved.”

I have read a lot of back and forth arguments from different news sites and investment sites.  All in all I think it is a good idea if we don’t go through with this bailout.  As a tax payer I don’t see why my tax dollars should pay for the mistakes of banks.

Of course all the people who have a heavy stake in the financial sector will want this bailout to go through.  Well, it doesn’t look like it is going to go through.  Our congress has decided against the bailout.  The decision has caused the dow to drop hundreds of points.

The government says that the bailout will prevent catasrophic damage to the economy.  If the financial sector is left to fall as it is then it could collapse the whole economy.  This is only stated and there is no proof or explanation on how it would happen.

Many others think that this decline will only last so long and will be what is necessary for the economy to correct itself.  I agree with this.  Many times in the past this has happened and the market will always correct itself.

We are in for exciting times.  Historical things are happening all around us.  We may see our first black president, or we may see our first women vice president.  We may also be on the verge of another depression.  It is no doubt interesting to me and I will enjoy watching this show. 

A buddy of mine hit me up the other day and asked me if I wanted to go to a debate party with him.  This was the first time I had heard of such parties.

Drinking and Politics Don’t Mix

Apparently this is a party where a bunch of people get together to watch the presidential debates and then discuss it afterword.  This sounds like a potentially dangerous idea in my opinion.  Especially if the people are all drinking!  We are talking about a group of people we never met and our atheist, liberal and independent asses are going to go over and drink with them and talk about politics?!

What if these people are a bunch of crazy, right wing, republican, born-again, red neck Christians?  Well, then I probably would not want to go there.  The party is in Long Beach, CA so I doubt they will be.  Regardless, it sounds like it could be fun, especially if the crowd is mixed or they share the same beliefs and or political stand point as I do.

I must admit though, that I have not been following this historical presidential election very closely and I am still not sure if I like Obama or McCain.  However, I do love to argue with people about politics and religion. 

My Political Take

I have never been interested with joining the Republican or Democratic party.  I have always liked arguments on both sides and will not commit to one or the other.  The reasons are as follows:

• I like to keep my options open
• I don’t like labels
• It fits better with my personality
• I have an uneasy feeling that somehow the parties are pretending to be separate parties when they are in fact the same.

This could turn out to be a very fun and interesting gathering.  I am always down to try new things.

Question to the reader: Have you ever been to one of these parties?  If so, drop a comment below and tell us about it.