| Bail out mind phuck
Posted: 12/5/2008 5:07:43 PM | its swings and roundabouts the wisde will survive and the foolish will fold those who prepared for therainy day can now open their umbrellas ...i have a nice one it is blue with multi coloured dodecahedrons encompassed in lavish autumn blooms and is compleyely one hundred percent waterproof and has a nice wooden handle with a really good grip and did not cost much ,.it hass the silver monogrammed automatic push button for convenience aq
nd is stencil with my initials ...........................anyways yes umbrells and the economy people should be covered................ | |
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| Bail out mind phuck
Posted: 12/6/2008 2:29:02 AM | Good one, bucsgirl.
Ultimately our problems are not problems of regulation, or law, or structure. They are problems of ethics.
The people at the top are unwilling to say to themselves, "This would be good for me but bad for a lot of others so I won't do it."
And, sadly, most other people won't either. | |
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| Bail out mind phuck
Posted: 12/6/2008 7:06:28 AM | What i dont get ,is if our economy was hurting,why in the bailout were we helping frivolous things like wooden arrows , puerto rican rum, nascar? How was the being beneficial to us?I think they decided to help the big 3 out,but chrysler may not be rescued,i think its a mistake,they got themselves broke,just like the people buying all those expensive homes they couldnt afford,and now everyone is hurting,but i think the car companies should sell all the jets etc, put that money back into their company and not be looking for a hand out from our goverment,one reason,is the money they take ,could go to our soldiers for better equipment and so forth! No one is going to be buying these new cars,even these electric cars wont be cheap, and if theres no jobs, nobody's going to be buying!
And how your christmas going to be this y ear? Are you charging everything,or tightening your belt? Humbug! | |
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10of6
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Joined: 8/27/2008
Msg: 29 | |
| Bail out mind phuck
Posted: 12/6/2008 8:34:40 AM | Going back to 2001, the news of Enron shocked and stunned and caused some laws to be changed.
True. However, I think a rather large abuse of the "commonwealth" aka US Treasury happened with the Savings & Loan scandal back in the 80's. Although I was just a little guy back then, since then I recall my father saying that this is what one of the forefathers of our country said about building a democratic republic: when the people discover how to legally steal money from their national treasury, then the democracy is finished.
In my [otherwise humble] opinion this is exactly what is happening right now, as if the criminals in Brooks Brothers suits are in panic mode, aiming to raid the remaining value of our money supply before it zeroes out to something of less value than the currency of Chad. | |
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| Bail out mind phuck
Posted: 12/6/2008 8:16:32 PM | Here's a Christmas present that clearly identifies the culprit to our present
economic woes.
Knowledge is truly the best gift and is power only when accrued knowledge is
used to benefit oneself, family, friends and hopefully ones country.
Unfortunately the majority refuse to educate themselves, but this gift is
given in the hopes some will take the time to THINK.
And yes..it will take no more time to peruse than it does to watch a vegetative inducing
television program.
http://www.usa-the-republic.com/banks/federal%20reserve.html
Merry Christmas
Gent
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| Bail out mind phuck
Posted: 12/6/2008 8:28:38 PM |
True. However, I think a rather large abuse of the "commonwealth" aka US Treasury happened with the Savings & Loan scandal back in the 80's.
Could very well be, I was raising my babies back then and hadn't researched it. I do tend to think you're most likely totally correct.
I'm sure Enron wasn't a new phenomenon, it was at that time the largest bankruptcy motion filed in history. (actually reorganization) Unfortunately, greed, power hunger, corruption....is nothing new. | |
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| Bail out mind phuck
Posted: 12/6/2008 10:03:51 PM | | A republic? That seems about right. The definition of democracy is governing by the people. A republic however is decided by the represented officials. Folks should pay attention to the diffrence. We live in a republic. Not a democracy | |
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| Bail out mind phuck
Posted: 12/7/2008 7:36:16 PM | | Something that I haven't heard talked a lot about is where will the big three use their bailout money? Will it go to the factories and business here or will it go to their overseas factories? People in America no longer have the money to buy the new cars other countries do. So they are building companies and production plants in other countries to utilize the markets there. Bailout money is liable to be spent overseas. It will keep things afloat here for a while until they can get things successfully transferred to over there, but our debt load is too high here to support business. | |
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| Bail out mind phuck
Posted: 12/7/2008 10:27:39 PM | ahhhh , who is to blame for this mess??? U.S. Congress, Executives on Wall street, Financial Regulators , Rating agencies.
You have the stock markets being held hostage by the Hedge fund managers and quantitative strategist and traders, Bad management/executives eg. Stan Oneal formally of Meril Lynch, Chuck Point of Citigroup , and lets not forget the 3stooges running the big 3 in the automotive sector
Financial Institutions involved in Credit default swaps, Asset-Backed Commercial Paper,Sub prime mortgages,Structured investment vehicles and many other bad investments instead of lending primarily to businesses which is the back bone of our economy which is what the banks were originally there for, now its lets make money and please the shareholders, not matter what hair brain investment scheme we come up with.
Until individuals start taking responsibility and learn how to handle " our money" instead of leaving it to these idiots on wall street, your brokers, planners, bankers etc, we will never get out of this mess and were doomed to repeat the first part of last century, were truly the rich will keep on getting richer and the rest will be dead or dead broke by the time they retire. | |
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| Bail out mind phuck
Posted: 12/8/2008 7:08:56 AM | "Where to begin. I read an article on one of my fav sites called democracy now. Its very informative and gives real news about whats going on." . .
That one made me laugh so hard that I was barely able to even make it through.
" I dont know about you but CNN seemed to have a boner for obama and fox had the same for McCain. The two party system never made since to me anyhow, we have abraham lincholn to thank for that crock."
You should really look into becoming a comedy writer. Nope, not tracking a joke thread, besides, I think this is in the wrong forum and will probably get bumped anyway. | |
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| Bail out mind phuck
Posted: 12/8/2008 7:35:47 AM | Kids these days
Maybe If you'd had any kind of opinion I could show a shred of respect, but sadly all republicans I've met are only good at smearing a democrats reputation. Maybe you could call your senator and ask for your opinion. | |
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| Bail out mind phuck
Posted: 12/8/2008 9:20:21 AM | All the bailout really boils down to is an attempt to avoid dealing with the bubble. It needs to be dealt with, and for several decades now, all we were doing is growing it and shifting it. And, now, it has gotten so big that only government can contain it.
The question is - for how long? Government is subject to economic reality as much as anyone. Yes, it can for now contain the bubble of this size. But, for all its size, it's capacity is not unlimited. And when this bubble bursts, the government can very well go with it. It is hard to visualize. We tend to look as government as something too big to fail, much as people in 1912 looked at Titanic as too well constructed to be sunk. But, it is going to go down, well within our lifetimes, if we can dumping more and more things on it. | |
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10of6
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Joined: 8/27/2008
Msg: 38 | |
| Bail out mind phuck
Posted: 12/8/2008 4:19:31 PM | Bubble? BUBBLE?
Think "Rapidly Expanding Black Hole." It's incredibly similar: for object to avoid crossing the event horizon, they must ever accelerate closer and closer to the speed of light, which has a terminus...uh oh. | |
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| Bail out mind phuck
Posted: 12/8/2008 5:24:47 PM |
I see that the Big 3 is also looking for a handout
(peering into crystal ball)
I see a depression looming in the none too distant future. Well, at least we can all chill and get back to basics quite literally.
Now, I bet many of you ladies have been as anxious as I have been to try the "raw food diet." Just think! That raw food you'll soon be growing in your garden will be all you are likely to get! Think of the weight loss potential here.
Plenty of fish won't be able to handle the growing demands for dating as we all lose weight and start taking long walks together or sitting outside by the fire in order to keep warm. It's going to give a whole new meaning to "cheap date." As long as POF stays truly free, they should prosper during this time...um, unless we can't afford the internet and a telephone anymore. heh. | |
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| Bail out mind phuck
Posted: 12/8/2008 8:13:02 PM |
ahhhh , who is to blame for this mess???
The white collar swindlers in Washington, of course.
A fellow sums it up amazingly well .. do read his (Mike Adams) comments:
http://www.naturalnews.com/024920.html | |
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| Bail out mind phuck
Posted: 12/8/2008 11:18:05 PM | op~
first of all, the bail out was meant to stabilize the banking industry, and was not meant to be handed out to consumers per se. banks are businesses, and they lend money to other banks, corporations, et al. if there is a lack of liquidity then a business' credit line can dry up, which of course will ahve a trickle down effect.
but as far as the democrats go... no, they have'nt a clue as to what needs to be done. they fail to take responsibility for thier failed policies that directly led to this whole mess in the first place by requiring banks to make loans to people who did not have good credit, collateral, or sufficient income. the democrats supported policies that banned a practice called red lining, and lent power and support to groups that pressured banks into making loans to people who did not qualify- the charges of racism were often used to coerce banks into loans. the fact of the matter is... the bush administration warned the democratically controlled congress seventeentimes this year alone. mcain and other republicans warned the democratically controlled congress about this coming tsunami, and so did greenspan.
as far as our two party system goes...
compared to every other system out there it works very well. is it perfect? no. is it cumbersome and slow to act? yes, and the framers wanted it that way. the united states is not a direct democracy; it is a representative republic. the system is fabulous, chock full of checks and balances, and is alive and well. if one thinks otherwise then that only demonstrates a serious lack of historical perspective and knowledge of world history as well.
here in illinois we have a governor that is trying to force bank of america to loan money to a failed busniess simply because the workers didn't get a severance package. this is the same kind of moronic maneuver that led to the bank crisis in the first place. this idea that bus A should subsidize bus B's failed bus model only demonstrates a marked ignorance of economics and how capitalism works. period. these moronic politicians are really good at giving away other people's money, and running up huge deficits. to make it worse they then turn around and ask the tax payer for MORE money then have the gall to call us selfish when we object to the shake down. it's ridiculous!
who is going to bail out the US tax payer? who?
but none of this is really surprising. i read somewhere once that only about 10% of our elected officials know anything about economics or business. even obama has appointed that awful gov of michigan to some advosiry post on economics... as IF she didn't RUN the state of michigan into a deeper hole than it was already in before she took office...but what do you expect?
most of the politicians are stupid lawyers... and yes i can say that because i have lawyers in the family and they think lwyers make poor business decisions too and can't invest thier own money... which is another story for another day...:)
lar | |
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| Bail out mind phuck
Posted: 12/8/2008 11:34:06 PM | cdn-iceman~
per opensecret.com the hedge funds and wall street donated money to barack obama 4 to 1.
also, if you are interested in a little sleuthing... when bear sterns went down there were allegations of false rumors being spread by hedge fund managers and short sellers that bear sterns was having liquidity problems. they were not. over 50 hedge funds have been subpoened by the SEC for possible collusion in taking down bear sterns. if you want to get to the bottom of this stuff, bear sterns is a good place to start looking. that company was taken down intentionally.
according to opensecrets.com... which suppies hard data on campaign contributions and is non-partisan... hedge fund manager ken griffin (citadel fund - chicago), steve cohen (SAC? - connecticut), and a gentleman at goldman sachs ALL were mentioned specifically as having involvement in spreading rumors about bear sterns. ALL are under investigatioin. ALL donated top dollars to barack obama, chris dodd (who belongs in front of a judge), and ALL are democrats.
wall street backed obama in this past election 4 to 1 because they hope the democratically controlled white house and congress will bail them out. they want the benefits of capitalism but wand you and I and every other tax payer to subsidize THIER risks. EVERYONE should be outraged!
lar | |
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| Bail out mind phuck
Posted: 12/9/2008 12:44:12 AM | The united states was founded as a democracy. Since when did we need to switch to a republic? And it doesnt work well. Theres room for too much corruption. The people should decide......hence democracy.
The two party system was introduced by abraham lincoln. Republics dont concern themselves with the views of the people. And for that matter our country doesnt seem to either until its election time.
Why not have a scheduled vote every year for the people. Let us decide. We're just as intelligent as the upper crust. Our special interests would benefit the nation, not just one company or person | |
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| Bail out mind phuck
Posted: 12/9/2008 5:32:42 PM | first of all, the bail out was meant to stabilize the banking industry, and was not meant to be handed out to consumers per se. banks are businesses, and they lend money to other banks, corporations, et al. if there is a lack of liquidity then a business' credit line can dry up, which of course will ahve a trickle down effect.
And we sure do see the banks stabilizing (what the hell they are entitled to their bonuses for destroying this economy, right?) Can't unfreeze the credit yet? Need MORE money??? It's okay right?
And why are these banking thugs so worthy of every penny taxpayers have worked for? Who are they so worthy when they have destroyed a thriving economy through there own greed and manipulation (of our money). Who are they so worthy to take from the futures promised to your children, that they pay these massive debts until they die (and then some)?
It is nothing more than the bankers making a final grab before the economy collapses. Should anyone ask for more proof, would only show how foolish and disinformed they are. When the monetary system collapses as with our empire, can you say you did everything you could to inform people so they might take a stand and circumvent this from happening? Or will you be silent because you said and did nothing at all?
Thomas Jefferson said in 1802:
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered".
How ironic. | |
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| Bail out mind phuck
Posted: 12/9/2008 6:05:16 PM |
The united states was founded as a democracy. Since when did we need to switch to a republic? And it doesnt work well. Theres room for too much corruption. The people should decide......hence democracy.
The United States was founded as a Republic. A democracy is mob rule - ever faced a mob? That is why a republic has rules to uphold the rights of an individual against a mob. | |
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| Bail out mind phuck
Posted: 12/9/2008 9:47:19 PM | OP~
a representative republic is a form of democracy. we have been a representative republic since the constitution was ratified in 1789. prior to this time we were goverened under the articles of confederation, which didn't work out all that well. benjamin franklin, just after the ratification... was asked "What have you wrought," he replied, "a rebublic, if you can keep it."
the two party system is considered by scholars to have started under andrew jackson. he was the first president to organize under a party, the first to be nominated by a convention, and the first democrat coincidentally. it was also under jackson that the donkey became associated with the democratic party. there were a lot of firsts with jackson...he was also the first president to be photographed (he was photograped after he had served his second term. he was an old man by this time and died soon after the pic was taken). lincoln was the first republican, as you know.
the reason why we don't have a "vote" every year and let the people decide is because we dont have a direct democracy, and historically direct democracies didn't work out all that well...look at ancient greece. our system is actually very well designed by tyhe framers.
i dont think the average person does anything but vote thier emotions. most people seldom follow the issues, and 99.9% of the people can't even name a supreme court justice ( i can name all of them lol!). if we had a direct democracy, which is what you are advocating, we'd have a much less stable government. it would be mob rule.
as it is right now, we have the most transparent government that we have ever had in the history of our country. according to fareed zakaria, who is one liberal i rather like, there is a correllation between the declining satisfaction with our gov and the increasing transparency.
republican or democrat it doesnt' matter. the country needs both parties, and needs responsible leadership in both parties. why? because no one in thier right mind wants to live in a country that is goverened by only one party. one party rule is a tyrrany in the making. so both parties need eachother, and often we forget that.
lar | |
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| Bail out mind phuck
Posted: 12/12/2008 2:33:56 AM | Who said anything about a one party rule? And as it looks now the two party system only trades one tyrannical party for the other. Wheres the choice? We only choose who we are told too, and thats it. For one to belong to a party you have to kiss enough ass to be there in the first place.
Greece wasnt a mob rule btw. It had elected officials and and was a republic. The french invented democracy, not the greeks. So we model our government behind a flawed ancient system Except the constant warring between each of the states of course. The two party system is flawed its as simple as that. I like a little variety and will not be told who I can or cannot vote for.
The only diffrence between the two it seems is one stuffs the majoritys mouths while they do their underhanded business and the other could care less what anyone thinks | |
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| Bail out mind phuck
Posted: 12/12/2008 6:49:10 AM | All i can say is you better own a gun, cause its gonna start getting wild~
Prepare for the worst...Stock up on food, and anything else you may need , because its gonna get worse before it gets better"Obama's own words"... | |
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| Bail out mind phuck
Posted: 12/12/2008 7:46:08 AM |
The french invented democracy, not the greeks.
That's simply not true. Democracy (Greek for "power of the people") was "invented" in Athens in the 5th Century BC. It was a "direct" democracy, sometimes described as a "true" or "pure" democracy.
http://www.historyworld.net/wrldhis/PlainTextHistories.asp?historyid=ac42
A republic is a state that is not led by a hereditary monarch.
In a democracy the leader is elected.
The United States is both a democratic republic, and a representative democracy.
Talk radio hosts seem to have a tough time understanding that. | |
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