Printable View
Telling everyone were in the great depression and save your money is a good start no? News networks all day long saying you need to hide your money. Credit is shot, there should be real people in real jail for credit swaps / risk / forcing sub prime lending.Quote:
Originally Posted by slotplayer
History tells when you try to make everone a success you prevent success from occuring for all.
I agree 100%. Sometimes reform can only come when the bottom is hit and perhaps things need to be torn down and rebuilt. Bailing out companies that are fundamentally flawed will not fix anything long term, only encourage inefficiencies in our economy.Quote:
Originally Posted by allfreechips
Here's an example of the credit problem. I live in California and many of my friends have their homes in foreclosure. My buddies who own multi-million dollar homes are being bailed out will ridiculously low payments while no aid is given to the people with lower valued homes. Many of these guys with multi-million dollar homes have no business owning these in the first place and got in way over their heads. To me, this just encourages irresponsible spending.
Exactly, rewarding failure is the end of the civilization.
Remember when America was tough? didn't take crap from anyone? People helped people in this country and there was a dire need to work to succeed. That need has been replaced with promises of government assistance.
another 1.6 trillion for a new rescue package! woooo!
http://www.cnbc.com/id/29119665
yep were in slight deflation period.. Wait for inflation to kick in and we will be carting our money around in wheel barrows to buy bread (just look at zimbabwee - extreeme i know)
If you want some real economic truth see this guy http://www.chrismartenson.com/crashcourse
Real interesting watch. mind you it takes 3hrs -- but well worth it if you dont know much :D
Time to load up on gold n silver ?
(me thinks so)
Those are just the same talking points I hear from Sean Insanity on the rare occasion I can bear to stomach him for an hour.
When does everyone want to actually take steps to rebuild the grid, when we're all sitting in the dark and our and all businesses come to a screaching halt? Great time to get off the pot!
When does everyone actually want to take a step forward to get off the fossil fuels, when the recession is over and oil hits upwards of $200 a barrel (and trust me it will) and they talk about it until the next recession and it drops to $40 bucks again and the talk stops.
Gee, state of the art schools, why would anyone want to invest in the next generation by providing them with the tools for a first class education? Seems like a bad deal me! Let's keep everyone dumb, McDonalds and Wall Mart need the help.
Getting medical records on a central database, the nerve, what a horrible idea! They've been talking about this for years. When is the right time to actually start getting it done? You tell me?
Whether right or wrong I give Obama credit for actually trying to address some serious problems instead of the talk, talk, talk, we've been getting for the last 30 years.
Money spend is money spent, whether it's in this bill or another it is still spent.
All good points if you have the cash to pay for them.
FYI were pretty much broke as a joke and asking China / Japan for more money, and when they say no, we can use credit buy more printing presses.
We werent all broke eight years ago and we didnt need any bailouts either. We even had a budget surplus. Oil wasnt $200 a barrel either.
It took eight years of insanity, mismangement, fraud and theft to get us where we are now. No rational person could say it will only take one month to fix it and no rational person would say lets keep doing the same **** that got us into this hole if we want to fix it.
It's painfully obvious the failed ideas of the past administration were disasterous for our country and most of the western world.
America needs a change and we have to support the President and give him the time needed to put America back on top.
It WILL happen and the non believers and critics will benefit yet ignore the advances.
I bet you in two years when things are rocketing upward and the world loosk to the US as a leader again that SOME will say "Oh thats the policies GW and company put into place finally paying off"
There are none so blind as those who do not want to see.
I do hope your right!