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However, as a conservative, I would attribute my own potentially precarious financial state (at any moment I could be faced with a drastic reduction in income, possibly to well below my ability simply to live my already frugal lifestyle) to the normal and sometimes cruel vicissitudes of life, and my own wrong decisions made under the stress of severe illness.

Our household income dropped somewhat last year with my Dad's death. Yet, I find that we are still able to save money. Even my grandmother, after her husband died and Veterans' benefits coming to him ceased and she was reduced to Supplemental Security Income, was able to save money, and often pass along small gifts to us. It is amazing what can be done when one simply takes charge and acts responsibly. Of course, I would also credit the Lord for engineering circumstances such that catastrophe which might have occurred did not, or at least it occured at times when we were prepared and protected in some manner. And a church community is very important sometimes for little things, like help getting my mother to the doctor (I can't drive).

That doesn't mean I'm not angry as all get out at both political parties, and blame them for part of my decline in real net worth by creating bubble after bubble of funny money. Jon, except for the part about “patriotic” taxpaying (how about “patriotic” slashing government spending and making expensive promises?), I am in perfect agreement with you about the elephant in the room that neither candidate will honestly talk about. “Who's going to pay for all this?” is the most important question of the campaign season. How can we stop consuming more than we produce? Where is the road back to fiscal sanity? If someone presented it, the American people do not want to hear it. Tell us a pleasant lie, please.

In the next few years, I expect we will see both deflation and inflation, as the government lurches from one desperate overreaction to another. Prepare to lower your standards of living.

Does any serious student of history deny that the founding fathers viewed human nature as flawed, and thought distributed power and a government divided into competing branches would help keep the evil impulses in check and balance? But it hasn't worked. As government expanded, Washington, DC became the seat of the biggest pot of money in the entire world. (Not to mention the power to advantage or disadvantage one industry or business over another through regulation and tax breaks.) And as Willie Sutton once astutely observed, bank robbers rob banks, because that's where the money is. Now Washington is where the money is, and we've assembled the largest and most voracious collection of sharks and their attendant sucker fish ever known in the history of mankind. You can change the players in the White House and Congress, but it seems that even if they start with good intentions, they quickly become wittingly or unwittingly party to perpetuating evil.

Do I sound like a “bitter cling-er”? Maybe Mr. Palin can get that secessionist thing going again in Alaska, and I'll move there.

Eric the Original Bitter Cling-er

However, as a conservative, I would attribute my own potentially precarious financial state (at any moment I could be faced with a drastic reduction in income, possibly to well below my ability simply to live my already frugal lifestyle) to the normal and sometimes cruel vicissitudes of life, and my own wrong decisions made under the stress of severe illness.

Our household income dropped somewhat last year with my Dad's death. Yet, I find that we are still able to save money. Even my grandmother, after her husband died and Veterans' benefits coming to him ceased and she was reduced to Supplemental Security Income, was able to save money, and often pass along small gifts to us. It is amazing what can be done when one simply takes charge and acts responsibly. Of course, I would also credit the Lord for engineering circumstances such that catastrophe which might have occurred did not, or at least it occured at times when we were prepared and protected in some manner. And a church community is very important sometimes for little things, like help getting my mother to the doctor (I can't drive).

That doesn't mean I'm not angry as all get out at both political parties, and blame them for part of my decline in real net worth by creating bubble after bubble of funny money. Jon, except for the part about “patriotic” taxpaying (how about “patriotic” slashing government spending and making expensive promises?), I am in perfect agreement with you about the elephant in the room that neither candidate will honestly talk about. “Who's going to pay for all this?” is the most important question of the campaign season. How can we stop consuming more than we produce? Where is the road back to fiscal sanity? If someone presented it, the American people do not want to hear it. Tell us a pleasant lie, please.

In the next few years, I expect we will see both deflation and inflation, as the government lurches from one desperate overreaction to another. Prepare to lower your standards of living.

Does any serious student of history deny that the founding fathers viewed human nature as flawed, and thought distributed power and a government divided into competing branches would help keep the evil impulses in check and balance? But it hasn't worked. As government expanded, Washington, DC became the seat of the biggest pot of money in the entire world. (Not to mention the power to advantage or disadvantage one industry or business over another through regulation and tax breaks.) And as Willie Sutton once astutely observed, bank robbers rob banks, because that's where the money is. Now Washington is where the money is, and we've assembled the largest and most voracious collection of sharks and their attendant sucker fish ever known in the history of mankind. You can change the players in the White House and Congress, but it seems that even if they start with good intentions, they quickly become wittingly or unwittingly party to perpetuating evil.

Do I sound like a “bitter cling-er”? Maybe Mr. Palin can get that secessionist thing going again in Alaska, and I'll move there.

Eric the Original Bitter Cling-er

However, as a conservative, I would attribute my own potentially precarious financial state (at any moment I could be faced with a drastic reduction in income, possibly to well below my ability simply to live my already frugal lifestyle) to the normal and sometimes cruel vicissitudes of life, and my own wrong decisions made under the stress of severe illness.

Our household income dropped somewhat last year with my Dad's death. Yet, I find that we are still able to save money. Even my grandmother, after her husband died and Veterans' benefits coming to him ceased and she was reduced to Supplemental Security Income, was able to save money, and often pass along small gifts to us. It is amazing what can be done when one simply takes charge and acts responsibly. Of course, I would also credit the Lord for engineering circumstances such that catastrophe which might have occurred did not, or at least it occured at times when we were prepared and protected in some manner. And a church community is very important sometimes for little things, like help getting my mother to the doctor (I can't drive).

That doesn't mean I'm not angry as all get out at both political parties, and blame them for part of my decline in real net worth by creating bubble after bubble of funny money. Jon, except for the part about “patriotic” taxpaying (how about “patriotic” slashing government spending and making expensive promises?), I am in perfect agreement with you about the elephant in the room that neither candidate will honestly talk about. “Who's going to pay for all this?” is the most important question of the campaign season. How can we stop consuming more than we produce? Where is the road back to fiscal sanity? If someone presented it, the American people do not want to hear it. Tell us a pleasant lie, please.

In the next few years, I expect we will see both deflation and inflation, as the government lurches from one desperate overreaction to another. Prepare to lower your standards of living.

Does any serious student of history deny that the founding fathers viewed human nature as flawed, and thought distributed power and a government divided into competing branches would help keep the evil impulses in check and balance? But it hasn't worked. As government expanded, Washington, DC became the seat of the biggest pot of money in the entire world. (Not to mention the power to advantage or disadvantage one industry or business over another through regulation and tax breaks.) And as Willie Sutton once astutely observed, bank robbers rob banks, because that's where the money is. Now Washington is where the money is, and we've assembled the largest and most voracious collection of sharks and their attendant sucker fish ever known in the history of mankind. You can change the players in the White House and Congress, but it seems that even if they start with good intentions, they quickly become wittingly or unwittingly party to perpetuating evil.

Do I sound like a “bitter cling-er”? Maybe Mr. Palin can get that secessionist thing going again in Alaska, and I'll move there.

Eric the Original Bitter Cling-er

All of these stories remind me of the scene in that wonderful/awful film Notting Hill, where the participants in a dinner party compete to find out who has a sob story sad enough to merit the last brownie. I fully recognize that I don't get the brownie (which is doing a heckuva job, by the way)…it sounds like I'm the only Popdoser who doesn't have an '80s-vintage car on cinder blocks in the front yard…

When we awoke this morning to details of the government's credit-sector bailout, and Wall Street's giddy reaction to having its ass saved by the nation's taxpayers, I could only think of one question: How on god's green earth are we going to pay for this? We have, apparently, about $1.1 trillion in new government liabilities here–but no intention on anybody's part to raise a penny in revenues to pay for it all.

Will John McCain come out and say, “You know what, my friends? Under current circumstances, I'm going to have to raise your taxes, just as much as I've been claiming the other guy will.” Will Obama come out and say, “You know how I was gonna give you a tax cut if you make under $250k? Well, sorry, you can kiss that thing goodbye.”

In both cases, I doubt it. But suddenly, Biden's recent “gaffe” that “it's patriotic for the wealthy to pay more in taxes” doesn't seem like such a gaffe. After this bailout, to claim that the government can carry out its new burdens without a substantial infusion of cash is sheer insanity.