Just Incredible!

[pBills]

Of course McCain is not involved with this matter. As the leader of the Republican party, he returned to Washington to talk to all the lobbyists and special interest groups. How dare John McCain think he has any say on the $700B bail out. He has some nerve.

 

 

 

Yes, he has contributed so much to this bail out. Can you say political stunt?

[pBills]

Obama? No . He never had any shred of credibility or dignity in his body to start with.

 

Listen to the news today instead of the dem talking points.

 

 

 

Yup. Obama is the one that just added a media whirlwind to the financial crisis. Great Presidential move by McCain.

[YellowLinesandArmadillos]

A person who believes in capitalism in a free and open market place. Duh! In other words, just the opposite of socialism where the government controls price, products in anticipation of demand. Supply and demand be damned.

 

Get your isms correct. Socialism has more intervention than laissez faire capitalism, but it is still based in capitalistic principals and government supplies certain services, but it is not a price setter by and large.

 

The opposite of capitalism is communism. Socialism is on the continuum closer to communism similar to laissez faire capitalism is closer to machiavellian economics. Understand the difference.

[UBinVA]

Do you consider the government issuing money is an undo interference in the market? Tariffs determine price also, are they ok?

 

Government issuing money? What the hell does that mean? Who's money is the government is "Issuing" anyway? I think it's mine and yours if you pay taxes. Listen, the gov't is a necessary evil and they do have a role but it should be a limited one. That's what everyone in this day in age does not understand. Everyone relies to much on the Government to bail them out. It wasn't always that way and we were better off for it.

 

Now, the Gov't is way to proactive in places that it should not be in. The constitution is not being followed and we the people are not holding our representatives accountable.

 

Tariffs? Tariffs are nothing more than a tax used to alter market share and favor certain markets pro and con. Tariffs always gets paid by the consumer. I'm not totally against them in certain instances but it should be a last resort.

 

 

Where would you put bankruptcy courts in that equation?

 

bankruptcy courts? People can't pay their obligations they go to bankruptcy court. That's what I think about bankruptcy courts. We have the freedom in this country to be as stupid as we like. The government owes us one thing, the ability to succeed or fail on our own. Except today, if we succeed they call us evil big money makers and tax the hell out of us, if we fail, they want to give us the money the evil big money makers pay.

[DC Tom]

That was Cartier.

 

And it was a loan, that Chrysler paid back.

 

 

You know, this OUGHT to be easy. Government buys illiquid securities from banks. Government holds illiquid securities. Government either holds securities and takes the income, or waits until the market for them recovers and sells them. Government takes money, pays down national debt.

 

Period. End of frickin' story. No pork, no special interests, no two million dollars to protect the habitat of the asian tiger-striped butterfly or $400k to subsidize the purchase of electric scooters by one-handed mulatto touch-typists. Cut the check, buy the securities at a HEAVY discount (no reason the banks should make money), use the income to pay down the federal debt. WHAT THE !@#$ IS SO HARD ABOUT THAT, YOU WASHINGTON DC !@#$ING PIECES OF RAT sh--??????

[UBinVA]

Get your isms correct. Socialism has more intervention than laissez faire capitalism, but it is still based in capitalistic principals and government supplies certain services, but it is not a price setter by and large.

 

The opposite of capitalism is communism. Socialism is on the continuum closer to communism similar to laissez faire capitalism is closer to machiavellian economics. Understand the difference.

 

1. a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.

2. procedure or practice in accordance with this theory.

3. (in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles.

 

 

1. Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy.

2. The stage in Marxist-Leninist theory intermediate between capitalism and communism, in which collective ownership of the economy under the dictatorship of the proletariat has not yet been successfully achieved.

 

1. a political theory advocating state ownership of industry

2. an economic system based on state ownership of capital [ant: capitalism]

 

An economic system in which the production and distribution of goods are controlled substantially by the government rather than by private enterprise, and in which cooperation rather than competition guides economic activity. There are many varieties of socialism. Some socialists tolerate capitalism, as long as the government maintains the dominant influence over the economy; others insist on an abolition of private enterprise. All communists are socialists, but not all socialists are communists.

 

http://dictionary.reference.com/browse/socialism

 

 

Now do you understand the difference?

[pBills]

Was that copy and pasted? If so, very good job... nice clean formatting.

[LongLiveRalph]

mulatto

 

A mulatto girl yelled at me the other day when I referred to someone else as a mulatto. She said, "We use bi-racial now." I was unaware of that, and had no idea that mulatto is now offensive. I am considering going with monoracial for myself, rather than the hate-filled "caucasian."

[X. Benedict]

And it was a loan, that Chrysler paid back.

 

 

You know, this OUGHT to be easy. Government buys illiquid securities from banks. Government holds illiquid securities. Government either holds securities and takes the income, or waits until the market for them recovers and sells them. Government takes money, pays down national debt.

 

Period. End of frickin' story. No pork, no special interests, no two million dollars to protect the habitat of the asian tiger-striped butterfly or $400k to subsidize the purchase of electric scooters by one-handed mulatto touch-typists. Cut the check, buy the securities at a HEAVY discount (no reason the banks should make money), use the income to pay down the federal debt. WHAT THE !@#$ IS SO HARD ABOUT THAT, YOU WASHINGTON DC !@#$ING PIECES OF RAT sh--??????

 

The trouble with putting the House in charge of financing this thing is that all of them stand for re-election in less than 1000 hours from now.

[John Adams]

I'm only kinda on board with DC Tom.

 

The problem for me is that it sets a tough precedent if spending 700 billion doesn't have enough oversight. I like that there are more strings tied to the second 500 billion than the first 200. I wonder why they don't just release the 200 billion now with the conditions already on it and continue to then fight over the remaining 500 and the additional conditions on that money. That would inject a lot of money to get over the immediate issues and get the rest of the money out in the next few weeks.

 

All this wrangling is just so everyone can say, "We did it and the other guy stood in our way." And then if it gets screwed up, "See, if they had just listened to us, we wouldn't be in this mess."

 

As for who's scoring points right now in the pres. race, I think McCain looks like a complete tool. I'm skipping the debate to be a Senator and bring us all together. Whups. I'm in DC but can't bring the parties together. Whups, let's have that debate now. Looks like an impulsive-acting guy who can't get people to the table at all. Meanwhile, the Congressional Dems are working with Bush (!) to get the deal done and Obama has been steady.

[bills_fan_in_raleigh]

And it was a loan, that Chrysler paid back.

 

 

You know, this OUGHT to be easy. Government buys illiquid securities from banks. Government holds illiquid securities. Government either holds securities and takes the income, or waits until the market for them recovers and sells them. Government takes money, pays down national debt.

 

Period. End of frickin' story. No pork, no special interests, no two million dollars to protect the habitat of the asian tiger-striped butterfly or $400k to subsidize the purchase of electric scooters by one-handed mulatto touch-typists. Cut the check, buy the securities at a HEAVY discount (no reason the banks should make money), use the income to pay down the federal debt. WHAT THE !@#$ IS SO HARD ABOUT THAT, YOU WASHINGTON DC !@#$ING PIECES OF RAT sh--??????

Tom, Type it up and walk it over to the capitol apparently they need some help.

[molson_golden2002]

And it was a loan, that Chrysler paid back.

 

 

You know, this OUGHT to be easy. Government buys illiquid securities from banks. Government holds illiquid securities. Government either holds securities and takes the income, or waits until the market for them recovers and sells them. Government takes money, pays down national debt.

 

Period. End of frickin' story. No pork, no special interests, no two million dollars to protect the habitat of the asian tiger-striped butterfly or $400k to subsidize the purchase of electric scooters by one-handed mulatto touch-typists. Cut the check, buy the securities at a HEAVY discount (no reason the banks should make money), use the income to pay down the federal debt. WHAT THE !@#$ IS SO HARD ABOUT THAT, YOU WASHINGTON DC !@#$ING PIECES OF RAT sh--??????

Ummm....but, what if the electric scooter company has a ton of toxic securities on its balance sheet?

 

 

 

 

*Sorry, I couldn't resist

[Wacka]

There was no agreement. Only the dems were saying there was. Their "agreement" gives Billions to shady almost illegal groups.

As Rush said "If it is so urgent , the dems have the votes to pass it right now. Why don't they?"

 

It's because their plan is good for THEM AND THEIR CONTRIBUTORS and bad for THE AMERICAN PUBLIC.

[pBills]

There was no agreement. Only the dems were saying there was. Their "agreement" gives Billions to shady almost illegal groups.

As Rush said "If it is so urgent , the dems have the votes to pass it right now. Why don't they?"

 

It's because their plan is good for THEM AND THEIR CONTRIBUTORS and bad for THE AMERICAN PUBLIC.

 

 

 

There's your problem. You listen to Rush. :-) HAHAHAHAHAHAHA

[erynthered]

"If it is so urgent , the dems have the votes to pass it right now. Why don't they?"

 

 

Good question.

[molson_golden2002]

There was no agreement. Only the dems were saying there was. Their "agreement" gives Billions to shady almost illegal groups.

As Rush said "If it is so urgent , the dems have the votes to pass it right now. Why don't they?"

 

It's because their plan is good for THEM AND THEIR CONTRIBUTORS and bad for THE AMERICAN PUBLIC.

As Rush said.....

[erynthered]

As Rush said.....

 

OK. Rush sucks, we get it.

What about the question?

[molson_golden2002]

OK. Rush sucks, we get it.

What about the question?

 

As far as I can tell this is what's going on. This needs to happen. Bush and Congressional Dems are ready to go but angry Conservatives just can't back down from their anti-government ideology to try and help America. All those decades of anti-government propaganda had an impact, obvioulsy. Hopefully the Dems will pass it themselves, but getting bipartisn support would be better, if you ask me.

[Wacka]

At a press conference a little while ago, Republicans said that Obama walks in and basically the first thing out of his mouth to Paulson is "The Republicans are screwing this up, aren't they?".

 

Just heard Dodd saying that this problem is been brewing for years and that it is a man-made problem. Pretty ironic him saying this because he and Frank are the two main men blocking the reform.

[bills_fan_in_raleigh]

As far as I can tell this is what's going on. This needs to happen. Bush and Congressional Dems are ready to go but angry Conservatives just can't back down from their anti-government ideology to try and help America. All those decades of anti-government propaganda had an impact, obvioulsy. Hopefully the Dems will pass it themselves, but getting bipartisn support would be better, if you ask me.

Its all political. They may force the dems and president to go it alone, it fails and they blame the Dems and forget that Bush had anything to do with it. It succeeds they stay quiet ad start clamoring about <fill in blank with right wing agenda> and other crap that just doesnt matter.