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Maynard G Krebs

@teksavvy.com

Let Obama veto it

Let Obama veto a bill that doesn't have the 'open access' provisions in it.

Once he veto's it, the companies will come back crawling on their hands and knees for the money and will accept a "new" bill with 'open access' conditions in it.

me1212

join:2008-11-20
Pleasant Hill, MO

You are right, if they want government cash, from us, they don't get it unless they stop skrewing us over.


jc100

join:2002-04-10

We shouldn't be giving any of these companies ONE DAMN DIME. Hell, if you figure the U.S. workforce is 150 million, EACH WORKING TAXPAYER already pissed away 4600 dollars in that 700 billion bailout. I'd rather this money went back to me, instead of some ASININE company that gave its CEOS 100 million dollar golden parachutes, ran itself into the ground, and then is on the brink of collapsing. By all means, let these guys go. It'd serve as a lesson to other companies there will be NO FREE RIDE for bad decisions. Instead, tweedle dee and tweddle dumb (Republicans and Democrats) bailed out these morons. Now, we're going to give them more. I'm sick of both of these parties quite frankly. Not that a new one would be any better, they'd become what we despise. What we really need are Americans to speak up and let these MORONS know their votes are on the line for each and every stupid action they do. Politicians understand one word, and one word alone. Re-Election. Holding them accountable for their choices, is the only way washington is ever going to change.



jazzy_

join:2004-01-27
Charleston, SC

And that's why our current tax system is so great. Because the top earning 2% pay 95% of all our taxes. Therefore we don't all pay $4600 the average earners share is pennies compared to what the wealthy foot.


jc100

join:2002-04-10

Jazzy, that may or may not be true.. but figuring that someone who has been paying taxes for a year or more has put in their 4600 easily. Figuring someone who makes 30,000 a yr is taxed at the 25 percent rate, that's 7500 in taxes. So yes, I think we should get our 4600 dollars back. The rich might pay more, as they make more. 25 percent of 30,000 = 7500. 25 percent of 100,000 = 25,000. That's simple logic. The point being is that even middle earners have DUTIFULLY paid the portion that went STRAIGHT to these companies. Matter of fact, they shouldn't have seen a dime, as I said. They made bad decisions and WE SHOULD NOT be the one's left to foot the bill for them. Plain and simple.



jazzy_

join:2004-01-27
Charleston, SC

I don't really care to see our tax dollars being given to these corporations either. But I would like to see something as essential as internet access provided to all Americans.

As far as progress for our society goes use of the internet is up there with clean fresh water and electricity in my opinion. It opens up a whole world of opportunity for people and helps increase our overall knowledge.

I wouldn't mind seeing a strong set of limitations set on the use of this stimulus money. You're right that protections should be in place to prevent this money being wasted.


fiberguy
My views are my own.
Premium
join:2005-05-20
kudos:3

said by jazzy_:

I don't really care to see our tax dollars being given to these corporations either. But I would like to see something as essential as internet access provided to all Americans.
PROVIDED ... or "accessible" to all American? Please clarify that statement becuase as you have written it, you are making it sound like a hand out.

As far as progress for our society goes use of the internet is up there with clean fresh water and electricity in my opinion. It opens up a whole world of opportunity for people and helps increase our overall knowledge.
Some can argue that in many ways. On one hand, Cable/Pay television could be considered the same for the betterment of society or a necessity.. additionally, it can be said that the internet only opens up opportunity for those that chose to use it that way. There are still FAR more people out there that use it for socializing only which doesn't better anything. The internet is what you make of it. And, to be honest, the internet is already available to everyone.. what you are talking about is making at available in your home. One can go to the library and use the internet, and if it's not available in the stix, they can move to the city where the population is centered. IOW, there are more than set of arguments for the 'internet'.. But, I do agree that it's a "VALUABLE" tool for those that use it.

I wouldn't mind seeing a strong set of limitations set on the use of this stimulus money. You're right that protections should be in place to prevent this money being wasted.
The EASIEST way to set up the stimulation money is not to have it at all. The government is picking and choosing whom IT feels deserves being bailed out. The politicians are taking money out of my and every American's pocket that ever paid taxes and giving to to others with out our consent.

The BEST way to stimulate the economy, and with out abuse, is simple. STOP COLLECTING TAXED FOR 3 MONTHS! In this period of time, about a trillion dollars would be doled out to wager earners and small/medium businesses a like. (Not bad to have an extra few hundred dollars a month for a few months eh?) This is trick UP economics, the way it SHOULD be. Initially, every tax payer and business included would immediately be placing that money in where.. the bank! This gives the banking system an immediate flush of cash they didn't have before. The consumer now has a few extra hundred dollars in which to spend, which stimulates consumption, sales taxes, etc. Business will see an influx of cash, and the consumer will feel more confident. Banks will have more money and should be able to start lending again. This will start to spur the need for production, and less people will be losing their jobs.

Meanwhile as all of this is happening, the government can STILL print their fake money to run itself and pay its own bills. If they can print it and give it to business, they can print it for themselves, right? Meanwhile, there is no need to figure out the best way to spend money in the stimulus or how to be fair. They don't have to worry about non-tax payers getting money they didn't earn, no arguments on if people who don't deserve the money get it.. the system would very much be guaranteed to spark up, and quick! Further, the argument can be made that people will just put the money in the bank and save it... which, is NOT a bad thing! In this case, the banks STILL win becuase now they have liquid funds in which to lend with again.

Either way, this is a win-win situation and removes government involvement at the consumer / business end.

This is the best way to avoid "waste" and if the government wants to print money in order to improve infrustructure, then for THAT, I'm all for it as EVERYONE benefits from that. We ALL benefit from bridges, roads, better internet, etc.

I really don't know why this is so difficult. Regan thought that trickle down was the way.. and people applaud him to this day. However, they don't realize that we're in this mess today PARTLY from it. MY system is trickle UP, the way it SHOULD be. We should tax consumption, not productivity. Since an INCREDIBLE portion of the country's economy is consumer based, I never understood how trickle down worked.

That's my plan.. and, oh, in the spirit of this site, I think I'll patent it so when the feds finally figure it out, I can sue them for some of the fake money they're printing.. all before Obama fixed the patent loop holes.


FastiBook

join:2003-01-08
Newtown, PA

reply to jc100
The bailout funds will be returned plus interest. why are people so confused about this? It isn't a check you never get back, it's a short term investment aimed at helping financial system rebound. Stop being uneducated about policy.

- A
--
LETS GO METS!



funchords
Hello
Premium,MVM
join:2001-03-11
Yarmouth Port, MA
kudos:5

reply to fiberguy

said by fiberguy:

The BEST way to stimulate the economy, and with out abuse, is simple. STOP COLLECTING TAXED FOR 3 MONTHS! In this period of time, about a trillion dollars would be doled out to wager earners and small/medium businesses a like.
Wow ... that's actually brilliant and simple.
--
Robb Topolski -= funchords.com =- Hillsboro, Oregon -- KJ7RL
... Should we pay those who are "too big to fail" more money to ensure they stay that way? ...

Pv8man

join:2008-07-24
Hammond, IN

Hmm, you may be on to something.

But if that happens. you would also have to call a spending freeze for all or most things for almost 3 months as well.


jc100

join:2002-04-10

reply to FastiBook
WRONG. WRONG. WRONG. Did you see the 8 billion the government has touted as making? It's paper money. That 8 billion, according to the accountant, was a MISTAKE on his part. It wasn't actual profit, but a return of the money that was lent. The government called this a GAIN, even though it was paid back some of the ORIGINAL money. We won't see a dime back. If you believe we're going to profit as tax payers, I got a bridge in New York to sell you. 10,000 dollars and the Brooklyn Bridge is yours!


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