| Bail out mind phuck
Posted: 12/12/2008 5:27:06 PM | [/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"...]
It already is, the news, it used to be grim with some good stuff in there to lighten the load. Now, it's just pure heavy. Crime is climbing. I think it's a good idea to stock up on food also. | |
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| Bail out mind phuck
Posted: 12/12/2008 6:47:44 PM | We (taxpayers) should not have to pay for the idiots in the banking or auto industry!! The courts should make these greedy lying **stards pay the money they stole or loss back out of their own pockets. Also the theives who steal from the factories should be includes, they are to blame also for the companies losing money. I know of many ***holes in the auto factories that steal from their emplorers, up to and including enough to build whole cars. And they think nothing is wrong with it!! | |
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| Bail out mind phuck
Posted: 12/12/2008 7:50:20 PM | I've come to believe the $700 billion was just another handout to Bush's pals. What's it to him? The 99+% who didn't and won't see a dime of it... ever... already think he's an @$$hat. What, so now he's a supreme @$$hat? BFD, he goes along his merry way.
I'm open to exploring other possibilities, if they're accompanied by a detailed accounting. I'm not holding my breath!
No oversight, no accountability... we're talking about George Bush, did anyone expect otherwise?
Hold onto your hats, he's still got 39 days to go, you can bet he's not done with us!! | |
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10of6
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Joined: 8/27/2008
Msg: 54 | |
| Bail out mind phuck
Posted: 12/13/2008 8:10:02 AM | Since I generally mistrust anything wearing a suit of any kind, I find myself grossing myself out with what I am about to suggest:
In order to ensure the taxpayer's treasury is replenished, I think it's time for the government to establish a special holding company for receivership of the car industry. The states involved--Michigan, Ohio, etc.--can operate/administer the policies and procedures for finance, business and development, and the auto plants themselves remain in service, operated by current UAW and management.
This permits the government to control directly the types of transportation vehicles being produced. The government and states involved split up the profits to put back into their treasuries. Once recovered, i.e. in the black, the government is required to put up the companies for sale to U.S. entities, only.
With this type of control we can ensure that:
- The money stolen from the Treasury is replaced;
- Outsourcing can be controlled or eliminated;
- American workers are put back to work to produce viable eco-compliant cars
- Executives and Boards of Directors keep their greedy paws off of what can be perceived as the financial future of America
- There will be a source of competition and choice for those who prefer to buy American
A memorable and relevant quote from Benjamin Franklin:
"When the people find they can vote themselves money, that will herald the end of the republic." | |
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| Bail out mind phuck
Posted: 12/13/2008 9:38:01 AM |
We (taxpayers) should not have to pay for the idiots in the banking or auto industry!! The courts should make these greedy lying **stards pay the money they stole or loss back out of their own pockets
One concern I have regarding the auto industry is in regards to all of their suppliers who are left out in the cold. These suppliers are not being paid therefore the auto industry is already in a "loan" situation. Difference being, they stole the money from the suppliers by leaving the suppliers to fend for themselves and pay for materials.
In my opinion, that in itself tells me that the auto manufacturers are already defaulting on business deals/contracts.
I'm waving a BIG RED FLAG on this situation. The big3 have learned to be arrogant, unaccountable and unreliable. I say treat them as per their behaviour.... just as you would with an unruly child. | |
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| Bail out mind phuck
Posted: 12/13/2008 6:05:31 PM | Just my opinion.. and humble at that.. but I feel that bail out or not-- we're still in some big doo... and its not really going to make that much of a difference in the long term scheme of things...
Lets just hold on tight-- bumpy ride ahead.
Anyone know what happens during a depression? Do prices get lower? Anyone? | |
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| Bail out mind phuck
Posted: 12/13/2008 7:03:12 PM | "Anyone know what happens during a depression? Do prices get lower? Anyone?"
Yes. Depressions are characterized by spiraling deflation, a decline in prices caused by a decline in the demand for products or services. This comes about as people hold onto their money and spend less, a side effect of high unemployment, low consumer confidence and general unease about the economy.
Something to think about -- In all post-WWII recessions, the S&P has bottomed out approximately half-way into each. The NBR dated the start of the current recession at December, 2007. In November, 2008, 11 months later, we saw the S&P 500 hit a multi-year low. We might expect, therefore, that this current recession will last AT LEAST 22 months before it has run its course, perhaps longer if, in fact, we haven't yet seen the bottom.
Last time a recession lasted more than 22 months or more? Yeah, that's right -- 1932. | |
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10of6
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Joined: 8/27/2008
Msg: 58 | |
| Bail out mind phuck
Posted: 12/14/2008 8:16:36 AM | | ^^^^^ How long did "recovery" last until it was considered "full recovery?" Would the recovery been as complete had it not been for tooling up for a war we were dragged into by Japan? | |
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| Bail out mind phuck
Posted: 12/15/2008 7:19:07 PM | | Gas prices went back up today from 1.45 to 1.59,in my town . Opec is trying to cut oil ,to get more money again,that will hurt our economy (the people's pocketbooks)...TOO! | |
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| Bail out mind phuck
Posted: 2/11/2009 7:51:11 PM | the reason we are in this mess is because everyone got greedy and borrowed what they could not afford...why should anyone be helped in foreclosure why do the rest of the people have to pick up the bill for the greediness of people buying stuff they did not own ...the bag belongs to the real estate market and people buying houses they could not afford or did not need ...sure its nice to show off a house to all the friends but if you do not own it or can afford it why bother to be so shallow ..and veneer ...well they have an old saying in the jewish community ( i am not jewish but have friends that are ) he who goes a borrowing will end up sorrowing and this is what is happening now ...i have no credit cards and no car payment and do not show off my house or my flash car but i am not sweating or hoping somone will bail me out becasue i did not get greedy and foolish ...people in america are whining what about me !!!!!!! well before they started showing off their unpaid possesions and bragging what they did not have they should have plannned what their move should have been.......a failure to plan is a plan for failure and right now the plans are unfolding   | |
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| Bail out mind phuck
Posted: 2/11/2009 7:56:17 PM | | by the way sea horse shells might be the one with the right idea ....lots of water,bullets,dry goods ,generator,gasoline,twizzlers,goobers,m&m's ,lots of porn ,pretzels ...goood slat source,multi vitamins ,and of course mans best friends mountain dew and ramen noodles .... | |
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| Bail out mind phuck
Posted: 2/12/2009 5:29:28 AM | OP, the Federal Reserve is the root of the problem with the economy. I suggest watching the following movies which can be viewed on you tube for free.
--Fiat Empire
--Money as Debt
--America, from freedom to facism
Woodrow Wilson signed into effect the Federal Reserve Act on December 23, 1913. And said the following just six years later.
“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit.We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”
- Woodrow Wilson 1919 | |
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| Bail out mind phuck
Posted: 2/12/2009 10:20:48 AM |
Woodrow Wilson signed into effect the Federal Reserve Act on December 23, 1913
the Federal Reserve is the root of the problem with the economy
Blaming the current economic crisis on Bill Clinton, or the pre-1994 Democratic Congress, is enough of a stretch. Blaming Richard Nixon or Woodrow Wilson or Calvin Coolidge or Herbert Hoover or FDR for the present mess is pure fantasy. The culprit is the deregulation begun during the Reagan years, furthered under both Bushes, but most notably under GW himself, compounded by lax or nonexistent oversight in virtually every government-regulated industry. Economic crises don't take 96 years to develop. | |
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| Bail out mind phuck
Posted: 2/12/2009 10:27:21 AM | Here's an interesting short article (and video) about what happened to the economy back in September that put us on the road we're on now. I'm not sure what to think about it right now, but it doesn't seem promising...
http://www.dailykos.com/storyonly/2009/2/9/234340/6189/142/695504 | |
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| Bail out mind phuck
Posted: 2/12/2009 2:26:23 PM | well we can all blame somone but leveraging yourself out and taking out all the equity and borrowing is tsill the rot of the problem all these mortgage companies real estate broker and pele grossly inflating the prices started all the troule and poeple fell for it....its a shame there has to be victims but people should not borrow what they cannot pay back its credit and its gotta be paid ....its okay to have a big flash car as long as its yours ...if you do not have the title thens its not yours its whoever you owe the money to ...so i see it is the person really does not own squat.....paper paper donald trump puts his name to nothing he is all on paper .....you only are worth what you have in liquid assets ...most people really do not have liquid assets ....i just see it as unreal when you are flashing all your possesions and you do not own them ......you really do not own your house until you have the title ...otherwise you are no diffrent from a person renting .....i only get impressed with somone when they tell me its theirs free and clear ...and i have not seen much of that since i have been in flroida .... | |
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| Bail out mind phuck
Posted: 2/12/2009 4:03:22 PM |
well we can all blame somone but leveraging yourself out and taking out all the equity and borrowing is tsill the rot of the problem all these mortgage companies real estate broker and pele grossly inflating the prices started all the troule and poeple fell for it....its a shame there has to be victims but people should not borrow what they cannot pay back its credit and its gotta be paid ....its okay to have a big flash car as long as its yours ...if you do not have the title thens its not yours its whoever you owe the money to ...so i see it is the person really does not own squat.....paper paper donald trump puts his name to nothing he is all on paper .....you only are worth what you have in liquid assets ...most people really do not have liquid assets ....i just see it as unreal when you are flashing all your possesions and you do not own them ......you really do not own your house until you have the title ...otherwise you are no diffrent from a person renting .....i only get impressed with somone when they tell me its theirs free and clear ...and i have not seen much of that since i have been in flroida ....
I agree. This finger pointing at the "big bad banker", "big company CEO", and "republicans" is how you can tell that liberals are on the loose. It is lways someone elses fault for your own dumb decissions. I mean seriously, do you mean to tell me that as an adult in america you are to stupid to not know how much you can afford to spend? Do you not know how much you make? The idiots who over spent are just as much to blame as the popular trio, if not more to blame. | |
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| Bail out mind phuck
Posted: 2/12/2009 6:31:00 PM | To Message 63
You say "Economic crises don't take 96 years to develop". The Fed was created in 1913. And we had a little known crash of 1920, then the big crash of 1929, and many smaller crashes since then. How many Economic crashes happened before the fed? Why should we live in a bubble society? The boom and crash society.
In order to make this country great the first thing we must do is End the privately owned Federal Reserve Banking system that creates money out of thin air. They (The Federal Reserve) get the authority to print money (From the Federal Reserve Act of 1913) and thus loan this newly printed money to our government at interest!!!!!! Ask yourself, Why would the government allow a Central bank(Federal Reserve) to control the Nations money supply when the Central Government is able to print and coin interest free money for itself? Would you get a loan from a bank that charged you interest or a bank that charged you zero interest? The answer is very very obvious. For the record the Federal Reserve came into power in 1913. Prior to that the Government printed and coined its own money that was backed by Gold and Silver as the Constitution says. There is no longer a gold or silver backing of US dollars only faith that the Federal Reserve will do a good job.
#1 Give me control over a nations money supply, and I care not who makes it's laws"
-Mayer Amschel Rothschild
-founder of the Rothschild family international banking dynasty.
#2 The French philosher Pascal said. " I prefer to believe those writers who get their throats cut for what they write"
#3 "I believe that banking institutions are more dangerous to our liberties than standing armies." - Thomas Jefferson
#4 "I wish it were possible to obtain a single amendment to our constitution - taking from the federal government their power of borrowing." Thomas Jefferson, 1798
#5 "The refusal of King George the third to allow the colonies to operate an honest money system, which freed the ordinary man from the clutches of the money manipulators was probably the prime cause of the Revolution." Benjamin Frankin
America is becoming the very thing we set out to free ourselves from..... | |
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| Bail out mind phuck
Posted: 2/13/2009 8:54:21 AM | | gone fishin ..at last somone great answer ...no one wants to take blame they always want to pass it one to a persomn thats in power govt ,bankers ...they are in business to make money if asomone is dumb enough to go to a banker and put himself up as prey then its their fault for not being smart enough ...like car dealers i used to be one we are told to take advantage of the customer for teaches on how to screw every last dime for the prospective buyer i have been to many ford meetings and the mantra is f##@#@ the customer before he does the same so its all business never personal at all now people are whining becasue they never read the small print ..well thats why you should always read it or it will come back and bite you in the a#@ ....................the bottom line is its about the money ...NFL.....no free lunches go to the homeless shelter if you want that crap | |
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| Bail out mind phuck
Posted: 2/13/2009 11:17:11 PM | Scott, that seems to be the way in America now days. Not just financially, but everywhere. "It wasn't the doped up tweeker that murdered his own parents for $5 to spend on dope. It is society's fualt" "That gang banger didn't kill those rival gang members; his gun forced him too." "The child molester was raped as a child, so we must attempt to understand him."
I hear shit like this all the time. This is why I dropped out of collage; I got tired of dealing with people trying to force feed me these idiologies. It seems like the more "educated" a person is in our society; the more comfortable they seem with the scum of society than they are with those that contribute productivly life. | |
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| Bail out mind phuck
Posted: 2/14/2009 6:43:55 AM | How do we let this happen? Isnt this a democracy? Aren't we capable of choosing what our governments policies should be? For the first time in my life I feel helpless knowing there is nothing I can do about it.
We did make a choice and we voted[well,I didn't]in Obama and a Liberal Dem congress.The system works....good or bad...the system works.Now we all get to live with it.
Thanks America for having the sight for this particular flavor of"change".
God save the republic...we will need all the help we can get. | |
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| Bail out mind phuck
Posted: 2/14/2009 7:53:06 AM | There's a poll up at jeffersonforum.net for people who want to vote on this issue. http://jeffersonforum.net/forum/index.php?topic=14.0
The American government is TOTALY controlled by big business and has been for almost 100 years..
The Bush family is in international banking and OIL.
The DuPont family is in explosives as well as chemicals among other things.
What about the Rockefeller family and the Hearst family?
(edit)
Congress sold out the American people when they backed the DuPont's, Rockefeller's, and Hearst's as they set about getting rid of the natural competition to their unnatural products.
After ten years of dramatic increases in federal spending, I thought it was a slap in the face when Bush convinced a Democratic Congress (with lots of GOP votes, too) to support more corporate welfare subsidies. Once again, unions, lenders, borrowers, and small investors are getting blame by the Rockefeller owned media. The Rockefeller's have put another of their own, Obama, into office to do more damage. Once again, a Democratic Congress (with no GOP votes in the House) has passed another bonanza for major political donors, and the American people will have to pay the bill.
You can't spend your way out of a recession. I thought we had learned that lesson under Bush Sr. and the Democratic Congresses he worked with. We have to vote these members of Congress out of office, or things will just get worse. | |
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| Bail out mind phuck
Posted: 3/12/2009 11:01:26 AM | bernie maddoff never really done anything diffrent to what the governemnet does it steals you money and gives you noting back unless you grovel to them fora living
bernie maddoff was merely taking the money form the rich idiots unfortunatley was not giving to the poor
much like aobne sided robin hood i am glad those people got slapped serves them right for being so greedy
my money is in a safe place
my bank is called the bank of my house and is protected well with lots of machinery
i would be glad to see somone trying to make a withdrawal when its closed     | |
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| Bail out mind phuck
Posted: 3/12/2009 12:46:44 PM | | JSlade, I do agree with your point referencing CEO compensation. It is out of hand when they make so much when the companies perform so badly. But why does it cost so much to produce a car? GM spends $75.00 per hour per worker to produce cars. Workers could easily make $25.00 per hour and still be okay. it beats what alot of the non union Plants pay. There are alot of non union Plants making less per hour but still keeping busy. | |
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| Bail out mind phuck
Posted: 3/15/2009 10:41:31 AM |
Legalizing Hemp and it's medical byproduct marijuana is the first step in changing how things will be in the US.
Henry Ford refused to stop growing Hemp for many years after the laws were passed against it.
All this and.....Obama too.
God save the colonies 'cuz we're in a seriously deep pile with this kind of thinking.
Too many folks sitting on their asses now and we want to add that many more "mellow,relaxed" folks to the mix????
I can't get on the train in the morning without watching people smoke just to make it thru the "ordeal" of having to go to work much less actually having to be productive at work.Getting stoned just to go to work???
What a crock!!! | |
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| Bail out mind phuck
Posted: 3/15/2009 11:25:07 AM | Anyone that tries to blame former Presidents Clinton or Bush, the unions, CEOs, etc. for the current economic decline is only kidding themselves. The true culprit is greed and greed alone. From the CEOs that squeeze every penny out of a company to the unions that refuse to work for astronomical pay to the borrower taking out a mortgage they can't afford to, well, you get the point. Blaming a political party, politician, industry, law passed, so on, and so forth is just foolish.
To satisfy our greed we've become a country, perhaps world, reliant on credit which only worsened the problem.
Of course there's no room for this talk when we're a nation looking for a scapegoat. | |
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