-
Posts
2,847 -
Joined
-
Last visited
Content Type
Gallery
Profiles
Forums
Events
Everything posted by B-Large
-
will there be a tax credit for that installation? We can raise all bridges in the US by 15-20 feet.... economy back on fire with new individual power generation and stimulus... It makes sense afterall!
-
Thats why I find the who shirade a zero sum game. If this country had a strong push in favor of safe, clean nuclear power generation, THEN perhaps the electric car makes alot of sense..... but burning coal, I can't imagine how that satisfies the environmental activists? Solar Panels and Windwills have not caught up tech wise to offset the usage.... And where do the used betteries go? they always say don't throw batteries in the garbage because they are toxic... Doesn't compute
-
He is electric..... Mark Sanchez is about to find out what all that Tebow stuff is about.
-
Jesus?
-
I understand the contention of use of land for drilling on lands and in the waters, their are proponents and opponents, and in democracies we fight about things like that.... But direct money for purcashing products? 10K? Come on, its ridicuous. If anything, they cost of gasoline will natually create markets for the new vehicles wihtout gifts from the Government. Its almost as bad a cash for clunkers.
-
http://www.fueleconomy.gov/feg/taxevb.shtml http://gas2.org/2009/09/14/colorado-will-offer-6000-tax-credit-for-plug-in-hybrid-conversions/ $7,500 hundred from Barack, and 6,000 from Hickenlooper..... $13,500 of taxpayer dollars to subsidize the individual purchase of electric cars..... in Colorado. I was shocked when I heard this on the radio the other day. shocked. The Government for all intents and purposes purchasing vehicles Americans... I wonder if they are backing interest free financing? wow- talk aboout Governments lust for control with the tax code...
-
The Student Loan Forgiveness Act of 2012
B-Large replied to John Adams's topic in Politics, Polls, and Pundits
On second thought, bad idea. A reltively finacially stupid populus is the best thing that has ever happened to congress, and their cronies. Seriously, we need to open the "Derek Zoolander school for Americans people who don't understand Financial Priciples good" The things people do with money, seriosuly KD, I CRINGE PS- pay your student loans and drink your Ovaltine -
The Student Loan Forgiveness Act of 2012
B-Large replied to John Adams's topic in Politics, Polls, and Pundits
Ah, the Student Loan- one of my favorite monthly payments.... The financing of college education baffles me, a couples of random thoughts: 1. Why would students who watch their mother and father struggle for money and worry about their finances, primarily debt, we so willing to take out debt that will eat up 500-1000/ mo. of thier income when they graduate? 2. Why would parents, in the right mind, ever encourage their kids to rack up huge debt on any degree path does not equate to Lawyer, Doctor, Accountant, Vet? 200K for a Liberals Art Degree, jesus, are you kidding me. 3. Payscales have been stagnant for 20 years, costs have risen sharply espcially in relation to housing... why would you pay more for a degree thinking you will be different and get generous pay with no skills and experience? 4. What jobs do you really need a college education for? Most jobs you can learn on the job, it is more about your attitude, willingness to learn and work ethic.... I can't believe the degree requirements for my job, MBA and years of expereince... seriosuly, it is 95% common sense, 5% work ethic. 5. We need to do a better job of educating our kids about Finance, Borrowing and the appropriate use of Credit. Why now all of the sudden, do we feel we don't have pay back the money we borrowed? People feel like the country is being wronged by lenders and banks, and in some sense they are right.... but the BIGGEST problems is people sending their stupid, naive kids into the world unprepared to deal with the easy money loans sharks... then they want to whine when it goes bad. We have 75K left on our student loans and I will write a check for that amount this year. How did I do that you ask? I saved up the money by sticking to a detailed budget and saved the money.... I made the borrowed the money because I was that kid who believed the private college was a golden path as did my parents... we were wrong, it was mostly wastful... but I will made good on my commitments. ***A friend of my mind tells me all the time they will need to save 1 million dollars for their 2 kids to go to college, because they need to go the best schools possible.... I suggested maybe they use 900K of the money, buy 2 apartments buildings that produce some cash flow so the kids will have something tangible, stable that produces cash flow for the rest of their lives.... She looks at me like I have horns on my head.. I said, why not, they can go to a State School, take on a little school debt (that I think builds character when you repay) and probably end up in the same place, same job.... she does not like my suggestion... oh well.... I am not signing an petition. Pay your debts, you will feel good about yourself for it -
Explain to me the difference between Paul Ryan's proposal that seniors should receive vouchers to purchase private Heath insurance (in lieu of the current single-payor), and the ACA where Americans will be given vouchers and premium support to purchase private health insurance? Each mandated to purchase a product from a company.... Why dont we just fine tune ACA, and expand it to all Americans? As I was on the treadmill watching the News, I thought they are basically the same exact thing.... Subsidies to purchase insurance on State by State exchanges.... I respect Paul Ryan for putting forth proposals, while I don't always agree with all oh his ideas, he is setting stage for the budget discussions.... But to suggest vouchering Medicare and repealing the ACA seems illogical... And I have concerns about insurance companies having the responsibility of covering the sickest, costliest segment of our population... Why would they ever want that, unless they are able to get juicy premiums from the Government to cover the fogies.... Hmmmm..... Thoughts.
-
A view into the mindset of a liberal
B-Large replied to DaveinElma's topic in Politics, Polls, and Pundits
They're not mutually exclusive. You can't talk about credit market failure without discussing why systemic freezing in those markets occured... why did the credit markets fail? Was it because compaines who make up those markets have massive devalued assets on theie balance sheets? The point I am making is disruption is said "financial markets" were an effect of institutional practices.... It is the reason AIG, BOFA, Citigroup got huge influxes of capital through stock purchase so credit markets did not freeze... the point this whole argument is that TARP was a bank bailout so certain firms would not fail... my contention is if they to let fail, other banks and other finacial compaines would have picked up the pieces of those bigger firms and credit markets would have recovered. My stance on it is these too big to fail firms bring the global financial market to the brink, and skid out on the other side with alot of tax payers help... Ideology? certain companies ware continually protected and are so big they can bring finance to a hault.. how is that free enterprise, that sounds like financial terrorism.... But that is the problem, isn't it? In a true capitalist economy, there is a consequence with not valueing risk approriately.... like issuing defaults swaps for more than you could even pay out, or secutitizing high risk loans when chances are you knew alot of those loans would default... but did people care since they knew is it ever came down to it, they would not be left to fail? Thank you for the well thought-out example. Do you believe, in your opinion, that a lesson was learned? -
A view into the mindset of a liberal
B-Large replied to DaveinElma's topic in Politics, Polls, and Pundits
Why shouldn't they have? Why do American Taxpayers have to subsidize the poor decisions of others? I guess we'll just line up the next time the financial markets crash because financial intitutions do whatever they want, essentially risk free.... -
A view into the mindset of a liberal
B-Large replied to DaveinElma's topic in Politics, Polls, and Pundits
But that happens everyday, to all sort of business, in many different sectors. Companies overextend, roll out bad products, etc. and they have to do the layoffs, which hurts familes, that kills grandma etc- then they enter protection and decide if they can survive, be purchased or liquidate.... I mean I suppose the are times when emergency capital is warranted, natural disaster, terrosit attack, etc... but risky behvior at the hands of people probably knew better, no. -
A view into the mindset of a liberal
B-Large replied to DaveinElma's topic in Politics, Polls, and Pundits
I understand perfectly.... why do financial markets, ie commercial paper have issues? is it magic? Or is it because companies who participant in those markets screwed them up with poor business practices, shaking the very trust in those supposedly efficient markets? Financial markets don't just "go bad", and you know that... so a bailout, aka emergency liquidity in the financial markets is nothing more that a bailout to people who made bad bets in various places, and you know darn well it will happen again... Without emergency liquidity many big time financial instiution would have failed.... that is the consequence, and it maight have brought on some real changes, both in financial sector and in the US Government.... but now, instead we have that highyl suspect relationship between money, lobbying, representative Government and private industry... yuck What is the worst that would habe happened with out Emergency Liquidity? Maybe the end of the world... my guess, short time hardship, bankruptcies and firm with cash and resources coming in to pick up bargain in the trash heap... -
A view into the mindset of a liberal
B-Large replied to DaveinElma's topic in Politics, Polls, and Pundits
this is going in circles, if you every decide to actually engage, I will look out for your repsonse. -
A view into the mindset of a liberal
B-Large replied to DaveinElma's topic in Politics, Polls, and Pundits
So you guys are just not going to repond, that is fine... I am sure it is so complex that you hold all the secrets and we should just trust you... I mean, what do us silly MBA's, Hospital Adminstrators and Investment Property owners know anyway... I am sure your explantion would be way over my head so thank you for being wise enough to save me from being embarassed.... Jesus, you guys sound like a couples of Nancy Pelosi's... and I know how you feel about her.... like Nancy would say, "you are too dumb to engage in this, I know better so just listen to me" -
A view into the mindset of a liberal
B-Large replied to DaveinElma's topic in Politics, Polls, and Pundits
I guess is took over 2,000 pages in Dodd Frank? We have a way to reduce risk, its called bankruptcy and liquidation... Isn't that what people fear most? Isn't that the natural order and consequence of bad business? Isn't not being able to petition Washington to get a loan reason enough? If there was no help from Uncle Sam, would firms still make outlandish loans and investments, or bundles them into derivities if THEY have to pay the piper in monetary losses and reputation losses when they bust? Would they keep enough cash or reserves around to cover the riskier pieces of their portfolio? Heck, I certainly am afriad to get overexteneded, to take on too much... unless I could go for handout from my parents, then I would figure who cares, I am safe I can do whatever I want... to me that mentality is what will continue to get our country in trouble, the blief that consequence is managable, and very much so IF your dollars and contrubitions are in the right place. I understand the difference. I don't understand why some compaines, or perhaps whole markets in which those companies particpiant/sells products/ do business get special consideration? All I keep hearing is "you don't understand, it would have been so awful".... would it? How would we know? Is it because we always come to the rescue of the Financial Industry when they do what they want? Isn't that as Entitled as it gets? you keep saying that, I assume you just rather not answer, which is fine. Or perhaps you can unravel the great mystery of the differences? -
A view into the mindset of a liberal
B-Large replied to DaveinElma's topic in Politics, Polls, and Pundits
Believe what you want, I would still have liked to hear your answer to my question.... perhaps you feel Government Bailouts are just fine.... That is fine if we want to subsidize/ encourage bad behavior..... but if we want to be true capitlists, where bad business results in plummeting stock prices and failing firms are part of the consequence, then perhaps that is just the medicine we need? So Government is good when Finance/Auto needs a bailout, but bad in all other cases... What happened to the brand of conservtism that stuck to the principles of free markets, free enterprise and did not selective choose when Big Uncle Sam was the perfect medicine to ease the ill of the circle of cronies.... -
A view into the mindset of a liberal
B-Large replied to DaveinElma's topic in Politics, Polls, and Pundits
Correct me if I am wrong, but aren't individual companies components of the "Market?" Is the Finance Sector not full of banks, brokerage houses, insurance compaines, hedge funds, etc.... were some of those compaines not given money because they were on the brink of collapse, therefore a threat to the overall marketplace we call "Financial Services?" When their assets went bad, they need capital to over their reserves, creditors or loans? Aren't some of those "Individuals Coporations" deemed to big to fail, with the logic being they bring down the market with them? Have some of them, like car companies, been bailed out before, and will again in the future? am I wrong on this one? and again, why is the Public Reponsible for private company activities when they go bad? -
A view into the mindset of a liberal
B-Large replied to DaveinElma's topic in Politics, Polls, and Pundits
Outside of Regulations, why is the Public repsonsible for those items? -
A view into the mindset of a liberal
B-Large replied to DaveinElma's topic in Politics, Polls, and Pundits
that's what the lobbyists, bank executives, Obama, Summers, Bush, Greenspan, Paulson, Gheitner, Benanke and the rest of the crew keep telling us.... I think they believe if they say it enough, that Americans will accept that Too Big To Fail has a place in a free enterprise system, and we (taxpayers) should back the liabilities and losses should the economy take a turn for the worse.... I will, as always, politly disgree... I think we have been duped into this underlying assumption that of we let the gamblers face the music, it would all go down the tubes.... -
A view into the mindset of a liberal
B-Large replied to DaveinElma's topic in Politics, Polls, and Pundits
So? Its happened many times whether is be banks, car compaines, etc... we are capitlists, that does not mean "we made a bunch of bads bets with outlandish leverage, come help us" What self-respecting Free Enterpriser thinks like that? Ones that has the Government and Taxpayor in a State of Fear and Panic, I say..... Its no different that people who bought houses that were too expensive and got loans they did not understand because they lost sight of "risk and consequence".... and now they want refinancing and pricipal reduction? Its called bankruptcy, get a lawyer, start over.... that is a Privilage in and of itself.... -
The Thread To Name The Unconstitutional
B-Large replied to 3rdnlng's topic in Politics, Polls, and Pundits
The US Government should not be bailing out anyone, nor company, nor market. You can't be sitting president and think for 1 iota that not having a Budget is acceptable... -
A view into the mindset of a liberal
B-Large replied to DaveinElma's topic in Politics, Polls, and Pundits
Does it matter? Since when, in Capitalism, did bailots become part of risk/reward/consequence? -
What if everybody had to show the Federal issues Photo ID to vote, would you support that? to answer the question, no, I don't think having to show ID is unreasonable.
-
Until big money is outlawed by Consitutional Amendment in our country, nothing will change whatsoever.... the same results have come from both the major political parties in our country.... and they have no real reason to change their behavior. China is going to have their own problems in the near future... people are going to gets wise to better lives and bigger paychecks, they are also going to wants rights and protections that we enjoy in this country.... it will be interesting to see how unrest goes over in China... we have seen the solutions in the past....