September 25, 2008

Video: Can Mama Make it all better? Truth or Lie?

Posted in America, bad decision making, Business, Cheating, Crime and Punishment, decision making, democrats, gambling, lack of integrity, lie of the day, managing money, McCain, No humor in this, Policy, Politicians, Politics, Republicans, responsibility, satire, self help, Taxation, The Economy, the poor, Trends, trust, voting tagged , , , , , , , , , , , , , , , , , , , , , , , at 12:03 pm by jimwilbur

Students at WASU have been talking about this video and others. Many students have expressed dismay and wonder if this can really be happening.

Join the students of WASU and let us know what you think.

Can Mama make it all better?

Here at We’re All Screwed University students seek the truth!

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September 22, 2008

Should taxpayers demand five conditions on trillion dollar blank check? truth or lie?

Posted in America, Blame, Business, Cheating, decision making, democrats, gambling, lack of integrity, lie of the day, life, losing, managing money, Policy, Politicians, Politics, Republicans, responsibility, Robert Reich, Society, Sustainability, The Economy, trust tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , at 7:07 pm by jimwilbur

Robert Reich suggests that five conditions be added to the “blank check” the Bush Administration is requesting to bail out Wall Street:

The public doesn’t like a blank check. They think this whole bailout idea is nuts. They see fat cats on Wall Street who have raked in zillions for years, now extorting in effect $2,000 to $5,000 from every American family to make up for their own nonfeasance, malfeasance, greed, and just plain stupidity. Wall Street’s request for a blank check comes at the same time most of the public is worried about their jobs and declining wages, and having enough money to pay for gas and food and health insurance, meet their car payments and mortgage payments, and save for their retirement and childrens’ college education. And so the public is asking: Why should Wall Street get bailed out by me when I’m getting screwed?

So if you are a member of Congress, you just might be in a position to demand from Wall Street certain conditions in return for the blank check…

1. The government (i.e. taxpayers) gets an equity stake in every Wall Street financial company proportional to the amount of bad debt that company shoves onto the public. So when and if Wall Street shares rise, taxpayers are rewarded for accepting so much risk.

2. Wall Street executives and directors of Wall Street firms relinquish their current stock options and this year’s other forms of compensation, and agree to future compensation linked to a rolling five-year average of firm profitability. Why should taxpayers feather their already amply-feathered nests?

3. All Wall Street executives immediately cease making campaign contributions to any candidate for public office in this election cycle or next, all Wall Street PACs be closed, and Wall Street lobbyists curtail their activities unless specifically asked for information by policymakers. Why should taxpayers finance Wall Street’s outsized political power – especially when that power is being exercised to get favorable terms from taxpayers?

4. Wall Street firms agree to comply with new regulations over disclosure, capital requirements, conflicts of interest, and market manipulation. The regulations will emerge in ninety days from a bi-partisan working group, to be convened immediately. After all, inadequate regulation and lack of oversight got us into this mess.

5. Wall Street agrees to give bankruptcy judges the authority to modify the terms of primary mortgages, so homeowners have a fighting chance to keep their homes. Why should distressed homeowners lose their homes when Wall Streeters receive taxpayer money that helps them keep their fancy ones?

September 7, 2008

The Gray Area: Is It Used To Much – Truth Or Lie?

Posted in Business, Cheating, decision making, Integrity, on the job, Personal, responsibility, trust tagged , , , , , , , , , , at 1:15 pm by keithwilbur

“Hypothetical: “ Suppose you are a taxi driver. One morning you go to work and have coffee with a co-worker. She tells you how she made over $200.00 helping a person she was sure was a drug dealer by driving him around town in her taxi to do what she believed were drug deals.

This co-worker considers herself a responsible, good citizen who is doing nothing wrong in this particular case. She considers this a gray area. She is turning a blind eye toward what this passenger might be doing because she profits by being his driver.

Do you have situations in your life with gray areas and where do you draw the line?

August 23, 2008

Cheating on your Mate

Posted in Cheating, Personal, Spouses tagged , at 11:30 am by keithwilbur

Who Lies more about cheating on there mate, men or women ?

The truth was obscure, too plain and too pure. To live it you had to explode.

—Bob Dylan