Selling our soul

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hoosegow
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Selling our soul

Post by hoosegow » Fri Oct 03, 2008 8:53 pm

We sold our economic soul to the devil today with the buy out package. Gen Xers on down will be left to pay in the debt in economic hell just like we will pay the social security and medicare debt. Thanks congress. You can all go f yourselves now. The perfect storm is coming.

Doc, you need an assistant in New Guinea? I'll bring my weights. Just feed me.

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nygmen
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Re: Selling our soul

Post by nygmen » Fri Oct 03, 2008 10:50 pm

hoosegow wrote:We sold our economic soul to the devil today with the buy out package. Gen Xers on down will be left to pay in the debt in economic hell just like we will pay the social security and medicare debt. Thanks congress. You can all go f yourselves now. The perfect storm is coming.

Doc, you need an assistant in New Guinea? I'll bring my weights. Just feed me.
I tend to agree...

I'm not a communist but now the government will constructively own my home. Where does the line for shoes and rotten fish start? Does this mean we can get Cubans delivered now?

Not to get too political or outragous but, what did the brave men die in Vietnam for? Why are americans dieing in Irag? For freedom, liberty and democarcy right? (At least that is what they have always told us.) We, America just took a huge step away from free capital markets, and a nice lunge to total socialism.

I understand that it was nessessary, but it stinks just the same.

Just because a bunch of people with no morals sold notes on overpriced homes to idiots that couldn't do SIMPLE math, the entire global economy suffers. Sweet. Good job. I knew I disliked Finance majors for a reason...

I'd go to Canada, but i don't think they would let me stay. Not a big Hockey fan, and their football field is way too big. (Kidding)

I love my country, but it is often like a pre-teen child. WOnderful but can be so annoying your head wants to explode.

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ellerbus
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Post by ellerbus » Sat Oct 04, 2008 12:04 pm

I wasn't a supporter of the bailout when I first heard of it, but from what I've been reading it could have been worse had the govt. not done anything. And what pisses me off the most, is the bill didn't pass the House "as-was", instead they had to add more crap to it and run it thru the House again. For instance a tax break to arrow manufacturers.

Quick read as this was just the start if nothing had been done, since so much revolves around credit:

http://www.cnn.com/2008/POLITICS/10/03/ ... index.html

The debt we have incurred over the last 8 years is astonishing, especially since we had a surplus in '99.

http://www.brillig.com/debt_clock/

It's gonna take us 20+years to fix this crap ... that's what it took the Japanese. Essentially the same thing happened to them during the 80's. I could rant all day about politicians and their knee jerk decisions, and the things they could have prevented earlier (ie. Bin Laden, Fannie Mae, etc.)

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nygmen
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Post by nygmen » Sat Oct 04, 2008 12:28 pm

ellerbus wrote:I wasn't a supporter of the bailout when I first heard of it, but from what I've been reading it could have been worse had the govt. not done anything. And what pisses me off the most, is the bill didn't pass the House "as-was", instead they had to add more crap to it and run it thru the House again. For instance a tax break to arrow manufacturers.

Quick read as this was just the start if nothing had been done, since so much revolves around credit:

http://www.cnn.com/2008/POLITICS/10/03/ ... index.html

The debt we have incurred over the last 8 years is astonishing, especially since we had a surplus in '99.

http://www.brillig.com/debt_clock/

It's gonna take us 20+years to fix this crap ... that's what it took the Japanese. Essentially the same thing happened to them during the 80's. I could rant all day about politicians and their knee jerk decisions, and the things they could have prevented earlier (ie. Bin Laden, Fannie Mae, etc.)
An intelligent American…

Don't see that everyday…

God I love this Forum!

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Ironman
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Post by Ironman » Sat Oct 04, 2008 1:53 pm

I don't like it either but doing nothing probably would have been worse. They did say that CEO's would have to take pay cuts when any senior management does. They also said the highest paid person can't make for than 25 times what the lowest paid makes. This should stop CEO's from being rewarded for being retarded and increase share holder profits. When the stocks recover we should end up with a nice profit. So this could end up working out in the long run.

Of course moving to Sweden or Norway may be appealing in the future.

hoosegow
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Post by hoosegow » Sat Oct 04, 2008 11:18 pm

Yes. The federal government should limit how much money we can make. Let's put a cap on how rich is too rich and then each year let's lower the cap.

When was the last time the federal government bailed out small business or the average American who f-ed up and lost a lot of money?

Ugh, makes me sick. I'm investing a lot in precious metals, guns and ammunition. I won't surrender my freedom, even my freedom to fail.

C-mon Doc. I'll come work for you - all you have to do is feed me a heck of a lot of high quality protein and let me lift.

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Post by ironmaiden708 » Tue Oct 07, 2008 7:39 am

I'll want to get a on a plane to europe and live there if John Mccain ends up winning. It's disgusting how ignorant people are, blindly voting for John Mccain solely for being a republican and not voting for Obama because he's black. All these people still voting for him must be overlooking all the things he's done on this campaign trail. (Sarah Palin, lies, changing his stance on certain political issues (ex. deregulation), etc)

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Post by jeffrerr » Tue Oct 07, 2008 7:59 am

Guys head to Australia! Our home loan rates just went down 1%, that's BIG for a single drop! Given though they have risen 4% in the last 12 months, but a decrease is a good sign! Plus it's going to help the Asian markets get a bit stronger so the South East Asaia/Australasia region is a good economic spot at the moment compared to North America and Europe!

As for McCain,I was talking to an ex-marine who is now a contractor in Kuwait for a private heavy armour security service and he's voting McCain because Republican is the way of the good soldier! However he's not completely sold on McCain and said Obama may swing his vote democrat but he'd never admit it to his friends and family for fear they would hate him! What a world man, what a world!

If I were American I'd be voting for Obama 1) Because he's had less time in politics to become corrupted, 2) His policies on health, though they will expensive for the US tax payer, will lay a foundation for the process to be far less expensive in the future whereas McCains $5,000 on off payment to get private cover is just dumb and perpetuates the health issues already being seen and lastly 3) The Democrats got cheated out of the last 2 elections by Daddy Bush's friends helping out W Bush so that he could plumet the country from a $99-billion surplus in 1998 to the current circumstances!

First on Obama's list should be imputting an exit strategy for Iraq that has them out by the end of 2009 and keeping out of other people's arguments too! Without a War going on somewhere the USA could really help out their own people wiht a decent public health care system, increasing funding in schools (espescially nutrition in the cafateria) and using a few % of the defense budget on more worthwhile things to give the tax payers a break!

Just my 2 cents as an outside observer!

John

P.S. I'm going to be in New York City for Halloween, the market crash is actually helping me a little as my [1 million dollars]'s are worth more $'s now!

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Post by TimD » Tue Oct 07, 2008 10:35 am

LOL, I'm loving your input John. As a non-US resident/voter, you seem to have more insight into our political situation than 90 [ercent of our registered voters, and that's sad. I tend to agree with you, and I'm a libertarian leaning Republican, i.e fiscally conservative, socially somehat centrist-liberal.
Tim

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Post by ironmaiden708 » Tue Oct 07, 2008 12:31 pm

I could write an essay on whats wrong with the GOP candidates but it would take me a long time. Maybe I will later.

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Post by TimD » Tue Oct 07, 2008 12:59 pm

I can sum it up without an essay; blatant lies and dredging up dead issues from the past that have already been discussed and cleared. Looks like Rove's tactic's are aliv and well and the old 2000 Maverick McCain has died and been buried.
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Post by ironmaiden708 » Tue Oct 07, 2008 9:52 pm

Well Mccain did absolutely nothing to help himself in that debate. He didn't keep his composure that well at times and sounded childish. The debate was dissapointing in general but at least Obama kept his composure.

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Post by Ironman » Wed Oct 08, 2008 4:12 am

McCain has reached the point of desperation. His judgment is pretty bad too. He picked a total retard to run with him.

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Post by jeffrerr » Wed Oct 08, 2008 4:25 am

Maybe he thought he'd be running in the Special Olympics and was sure he needed someone for the 3 legged race?

Actually in all fairness calling Palin a retard is very offensive, to hard working and intelligent handicapped people everywhere, it's very rarely they get pucked for their looks like she did! She's almost like McCain had a brain freeze and thought he was supposed to pick a new trophy wife!

Anyway, Australia is undergoing a ressurection of sorts since our last Prime Minister, who was so far up W Bush's a$$ he could lick his lips for him, got voted out wages have gone up, spending on schools has increased and 'cost of living' items such as groceries and fuel (not his doing, the international price of oil dropped!) have come down! Housing loan interest rates went up, but they were on their way up when the new goevernment took over, in less than a year the rates are on their way back down again! A change of party like Autralia had could be just what the doctor ordered for the USA!

It could alos plummet them in to a depression that erases the memory of The Great Depression, who knows with politicians, eh?

John

P.S. I feel almost like an adult discussing politics, I'd better knock it off!

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Post by Ironman » Wed Oct 08, 2008 4:39 am

Yea, I am sure any retarded people who read that, will be like, "Hey, don't compare us to her!"

She is definitely there to get the vote of all the dumbest Americans. There needs to be a new rule. If you can't pronounce "nuclear", you can't run for office.

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