Good Morning and welcome to the final lap before the end of the year!

It's kind of interesting that we are bailing out banks, bailing out Wall Street, bailing out the auto industry, but we aren't bailing out the exact place where a slow economy is being felt the most. We are not bailing out all of us.
Those who have thrown away millions on bad ideas and investments are getting a clean slate, meanwhile more and more of us are getting laid off. We are falling behind on bill payments. We are scaling down everything from food to travel.
Not that any of us are looking for a handout, but, hey, how about a little over here. The only way to get the economy back on its feet is to put the money in the hands of those who can actually use it.
Give me a million and I'll buy a new car. If everybody purchased a new American car with some bailout money, the auto industry would be saved. If we took that bailout money to the department stores, retail would be saved. Those retailers would then be able to advertise, which would save newspapers. If we got some bailout money and paid off the credit cards, the banks would be saved. If we grabbed some cash and traveled to New York City (or wherever), the hotel industry would be saved.
So, giving the money to those who would use it would be a win-win situation.
Of course, that would make too much sense. So, we keep throwing money on bad ideas, to bad people.
Then again, that doesn't get anybody elected, so our government will keep doing what they are doing. We will keep losing jobs, houses, cars.
Welcome to the cycle:


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Good Morning Phillies fans and those who don't care about the playoffs!

Our government is great, isn't it? The House of Representatives voted down the bail out package. The way it's supposed to work, that would be the end. A new package should be put together and presented to the House members again.
Instead, they tweaked the plan, by-passed the House and it is going to the Senate. That branch of government will vote on the plan today, then send it back to the House for another vote. Won't be any pressure there, huh?
Meanwhile, another ring of the political circus is coming to town Saturday.
Bruce Springsteen is playing a free concert in support of Barack Obama on the Benjamin Franklin Parkway in Philly at 3:30 Saturday afternoon.
According to the release, to get 'preferred' tickets you have to sign up as an Obama volunteer.
That's great. Sounds like a good deal. Free concert from one of the best showman on the earth. Springsteen's always been political, so a rally for Obama isn't surprising.
It's the volunteering thing that's a little out of whack.
There's no doubt the Democratic party picked up a lot of 'volunteers' over the last day. Many though are probably just looking to get tickets. Are they really going to do anything for the campaign beyond Saturday?
Some might, but most will forget about signing up by 3:35 p.m. Saturday.
Look, we need some dialogue about this election and it's always good to get involved, but this smacks as a big numbers-grab.
By the way, how do you sign up?
Anyway, here's another celebrity both sides are probably recruiting:


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Good Morning fellow owners of Wall Street!

That's right. It appears the $700 billion bail-out package is going to streamline through the government today.
Somebody much smarter than me forwarded an e-mail that broke down what really should be done with all this money (this breakdown when the talk was just the $85 billion for AIG):

To make the math simple, let's assume there are 200,000,000 bonafide U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up...
So divide 200 million adults 18+ into $85 billion that equals $425,000.00.
The plan is to give $425,000 to every person 18+ as a We Deserve It Dividend.
Of course, it would NOT be tax free.
So let's assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife has $595,000.00.
What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage - housing crisis solved.
Repay college loans - what a great boost to new grads.
Put away money for college - it'll be there...
Save in a bank - create money to loan to entrepreneurs.
Buy a new car - create jobs.
Invest in the market - capital drives growth.
Pay for your parent's medical insurance - health care improves.
Enable Deadbeat Dads to come clean - or else!
Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.
If we're going to do an $85 billion bailout, let's bail out every adult U S Citizen 18+!

So there you have it. I actually sent a version of this to U.S. Rep. Joe Sestak (D-7 of Edgmont) as well as Senators Arlen Specter and Bob Casey. Of course, none of them even took the time to answer my e-mail.
I forget, is this an election year or not?


If you have any cool links or photos, send them along to onlinedelco@gmail.com