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#1 |
Sea Lord
![]() Join Date: Aug 2007
Location: Too far from the Pacific right now...
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http://news.bbc.co.uk/2/hi/business/7652174.stm
Really, I would. I'm tired of listening to this moron whose popularity rating stands at a mere 26%... It's not bad enough I have to pay for a war I don't support, now I have to pay for this stinkin' bailout too. I'm so mad I could spit nails! And now Bush is telling me it's "going to be a tough road"? What the hell does he care? He's going to make a 6 figure "retirement" when he leaves office of $191,300 for the rest of his life! For what I ask? I can't think of a time when the reputation of the United States in the world community has been so tarnished and maligned. As far as I'm concerned he's no better than the slime ball CEO/CIOs that are going to "walk away" from this economic crisis the helped to create... ![]() Americans have become nothing more than "cash cows"...
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#2 |
Crusty Capt.
![]() Join Date: Sep 2007
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Why did they vote again on this? I though it was finished after the first vote? How many times can they bring this up if it was refused again?
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#3 |
Sea Lord
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The bailout is a done deal. El Presidente signed it yesterday... Wonderful thing about the US government, at first you don't succeed, keep lobbying until you do...
The whole thing is stupid IMHO. We're going to allow the government to "buy up" bad mortgages and "save" the economy.... What a load of crap. All we're doing is saving the worthless necks of the predators and miscreants who were architects of this economic fiasco. And absolving those lawmakers who changed the laws regarding federal oversight of the banking industry and paved the way for the sub-primes in the first place. Instead, we should be looking to bolster consumer trust and put money back in the hands of the taxpayers. Consumers are the key to fixing this crisis, that, and allowing capitalism to do what it does best, manage the markets! By allowing the FEDERAL government to bail out the banks, all were doing is "short-circuiting" the process required to effect a true economic recovery. Typical of the Bush Administration to "throw more money at it"... So now, with unemployment at an all time high, we're going to struggle more with a greater tax burden foisted upon the middle class... ![]()
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#4 | |
Soaring
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Fantastic! That is serving democracy! And democracy should serve indeed: for lobbies, powerpolitics, liars, frauds and selfish individual factions. ![]()
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If you feel nuts, consult an expert. |
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#5 | |
Sea Lord
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So, the bad guys win again and millions of taxpayers will shoulder the burden. Again. I'm reminded of the scene in Ben Hur when the slaves on the Roman galley are told "You live to serve this ship, so row well and live". Well, as a US taxpayer and citizen, I feel more and more like a galley slave as the years, and administrations go by...
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#6 |
Rear Admiral
![]() Join Date: Mar 2005
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Bush had to say something if nothing else to calm emotions. As to his retirement benefits he dident exactly 'do nothing' wether you agree or disagree with his policys He inherited and took on some really difficult situations.
As to the bill..... Its called socalisim. A lofty goal strived for by the left and their willing accomplises in the mainstream media for the last 12 years or so slowly coming to fruition. Makes me so mad I could spit. ![]() The bill while well intended bloated to the size of a novel with so many earmarks and riders to 'sway' votes its absolutly nothing short of shamefull. Ill never understand the sense of urgency behind it other than the timing. I sincerley doubt that the average american doesent have a clue to what is actually in the bill let alone the senators that actually voted on it. For instance did you know that the bill will assume the pension packages for union members that the corporations had passed to the unions and now the unions have passed on to the tax payer? There is a grant to some company that makes wooden toy arrows, another grant to a vodka producer, the list goes on and on. By the way Hillary still owes me that christmass gift she promised last december. Horray for the Democratic controlled Congress... Good Job! ..... Sassin frassin friggin riggin son of a bumpkins. |
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#7 | ||
Sea Lord
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#8 | |
Silent Hunter
![]() Join Date: Jun 2004
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#9 | |
Silent Hunter
![]() Join Date: May 2008
Location: Storming the beaches!
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For all intents and purposes, bills can be reintroduced an infinite number of times, as long as they do not contain the precise wording of a defeated bill. The initital bailout package was defeated, and that was good, but most congressmen seem to agree that some form of bailout package and/or state takeover of banks is necessary. They're just arguing over details now. This bailout is going to happen, one way or the other. The result is going to be a direct, almost catastrophic inflation of the currency, offset by Wall Street investors scraping what they can get out of the resultant spike in consumer confidence before dumping their investments on unsuspecting fools. I can't say with certainty that the harmful effects of the bailout will follow the bailout itself imediately. There are a lot of factors to consider that make it hard to offer an educated guess. Historically, the U.S. government has done a good job of postponing economic damage by borrowing and/or printing money. Maybe they will succeed this time, but I doubt that. We are approaching a critical point in unsustainable state economic policy. Sooner or later (probably sooner), we are going to reap the harvest that our representatives have sown. Every great empire/nation that has ever exsisted was destroyed from within by state-sponsored economic failure before being torn apart by external forces. The U.S. is no exception. China will rise, and then it will fall, just as the Soviet Union did. Their economy will be bled dry by plutocrats. In fact, they will enjoy an even shorter tenure than the U.S. as a superpower, because they embrace heavy-handed state economics. (except in the special economic zones, which are what made them powerful in the first place. But just watch as they are destroyed by state policy. Politics beats economics every time) I wish the E.U. would step up to the plate, but they have already made clear that they prefer to exsist as a collection of seperate nations that will remain mired in a diplomatic bog for the forseeable future. America's time will come again, though. It's going to take some time to get the issues sorted out. It is quite possible that none of us will be alive to see it. Hopefully, we will rise upon the the principles of personal freedom and the free market again. For now, though, it is too late. We entrusted the welfare of the nation to a bunch of idiots whose only real specialty was manipulating public opinion. In short, a bunch of liars. Take Palin, for instance. There are a lot of good reasons why she shouldn't be the VP, but she and McCain will take the White House in November. Just wait and see. She was a political masterstroke by McCain. Absolutely astounding. Her nomination will rob the Democrats of a big chunk of one of their principle voting demographics. McCain is a sly dog. Or at least his campaign is full of sly dogs. What a brilliant counter to America's first serious black presidental candidate. Not that Obama is any better. He talks about change, but he has no plan to produce it. Basically, he just promises free stuff. Real change would be reversing Federal spending policy and returning America to a position of economic dominance. All Obama offers is more of the same, whatever he calls it. The only good thing I see from him is a promise to bring troops home from Iraq. Yeah, whatever. ![]() At the last, I will say that I don't have any personal issues with any of these people. I'm sure that if I were to meet McCain or Obama, we would get along famously. They only want to do what is best for the country. And there lies the danger. They think they know what is best for the country. Nobody knows what is best for everyone. Freedom and choice have made America powerful. So powerful that the entire world is about to feel the repurcussions of our downfall. Why on Earth would we ever sacrifice personal and economic freedom to some idiot who promises to take care of us? Politics isn't about who can do what is best for the nation. It is about who says they will do what is best for the nation in the most convincing fashion. Thomas Jefferson cautioned us about the dangers of Democracy. The tyranny of the masses has brought us to this place. The only solution is to limit the power of the state as much as possible. The State's only role should be to eliminate fraud and deception in trade, via stiff penalties, and to protect us from external threats. Naturally, none of that will happen, as most U.S. citizens are educated by state schools that teach us that our "Democratic:rotfl: " process is the proper means of addressing problems. The hand that rocks the cradle rules the world. All of us will suffer while the political elite prosper, as they always have. ![]()
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#10 | ||
Eternal Patrol
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Well said! Actually the rest was good too, especially your summation at the end. I just liked this part. Quote:
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“Never do anything you can't take back.” —Rocky Russo Last edited by Sailor Steve; 10-04-08 at 10:57 AM. |
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