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 DogfatherPremium
join:2007-12-26
Laguna Hills, CA
1 edit | Re: What the **** good does it do handing money to large MegaCo It took spending us to 120% of GDP worth of debt to get us out of the Great Depression and you're blowing a gasket because our current debt is the same as it was during Clinton and even Ike as a percentage of the GDP?
You free marketeers who got us into this mess in the first place need to get a grip. We tried it your way for 8 years and we saw how it worked out. | |
|   pnh102Reptiles Are Cuddly And PrettyPremium
join:2002-05-02
Mount Airy, MD | Re: What the **** good does it do handing money to large MegaCo said by Dogfather:You free marketeers who got us into this mess in the first place need to get a grip. We tried it your way for 8 years and we saw how it worked out. And again, how is what Obama is proposing any different than the last eight years of record deficits and debt?
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Blagojevich / Madoff 2012! | |
| | Pv8man
join:2008-07-24
Hammond, IN | Re: What the **** good does it do handing money to large MegaCo because the 1st so called bail out, was just throwing un-accounted for money at major companies trying to protect their interests by using lobbyists. And they were given the money in order to free up some credit for businesses, which they did not do at all. They just took the money and ran.
at LEAST this time, we all get to see exactly how much is going to what purpose, and at least open access conditions are applied to the networks that will be built (as they should be, since we paid for them.) | |
| | DogfatherPremium
join:2007-12-26
Laguna Hills, CA
1 edit | The last 8 years was all about actively exporting tech and light manufacturing jobs unchecked, ramping up H1Bs to displace American workers in the US, and Bush-McCain shooting their pro-amnesty mouths off saturating SW states job markets depressing wages and decimating public infrastructure with rampant illegal immigration.
The era of Free-Trade is over and it was a complete failure for American workers and a boom to our emerging enemies like China. It's time for some Fair-Trade. | |
| |  KrKHeavy Artillery For The Little GuyPremium
join:2000-01-17
Tulsa, OK
 ·AT&T DSL Service
| said by pnh102:And again, how is what Obama is proposing any different than the last eight years of record deficits and debt? Well, he's trying to avoid just giving it to the people who are most responsible.... But good luck with that.
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"Fascism should more properly be called corporatism because it is the merger of state and corporate power." -- Benito Mussolini
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fiberguyMy views are my own.Premium
join:2005-05-20
kudos:3 | said by Dogfather:It took spending us to 120% of GDP worth of debt to get us out of the Great Depression and you're blowing a gasket because our current debt is the same as it was during Clinton and even Ike as a percentage of the GDP? Do some homework please. The spending that got us out of the great depression was WAR spending. Is replacing the lawn at the national mall part of a war? Is giving money to another country for abortion/family planning part of a war? .. is it even right or legal? (Don't be so quick to answer yes to that)
You free marketeers who got us into this mess in the first place need to get a grip. We tried it your way for 8 years and we saw how it worked out. "YOU FREE MARKETEERS??" Are you a socialist? ... please tell me where socialism works or has worked.
"We tried it your way for 8 years"... um.. are you SERIOUS with that one? You think the ENTIRE issue goes back only 8 years? Our history goes back far more than 250 years bud.. RIF, google it.
You want one of the biggest failures ever played by the dems? .. you want the nations largest ponzi scheme ever pulled off by the government on the people? .. It's call SOCIAL SECURITY! It's un-sustainable.. period.. end of discussion. SSI benefits as the way they are collected and issued can not be sustained. All BS party arguments aside, the way SSI is collected and distributed to people can't be sustained.. just like MagicJack phone service.
Now, to Clinton.. I don't know where you're getting your numbers, but under Clinton, who had a surplus by the way, he didn't need another digit added t the debt clock.
Seriously, some of you democrats are so high on something right now you can't see reality. It's sick. | |
| |  morboComplete Your Transaction
join:2002-01-22
00000 | Re: What the **** good does it do handing money to large MegaCo dems? libs? b.s. social security arguments?
and you wonder why people think you are a republican. | |
| | | fiberguyMy views are my own.Premium
join:2005-05-20
kudos:3 | Re: What the **** good does it do handing money to large MegaCo So, even though "republican" is a "party" or a "club" if you will, that you have to join, you some how are turning that into an adjective? or a noun?
I really don't think I should dignify your post with a reply.. but I will.
I can be an independent person with out having to "be" a republican. I think my simply saying, over and over, I AM NOT A REPUBLICAN is good enough.. if it's not for you.. well, get educated please.
Liberals? Um, calling self identified liberal/democrats is pretty simple.. if you say you are.. I take it on your word. So my point is valid. I don't have to be one of the Hatfields or one of the McCoys to be able to look into that feud and call foul or pass judgment on either family.
Those that would say "you made a comment on social security that sounds like what a republican would say makes you republican" is plain stupid! That's the same as calling black people in this country "African American" by default which is ACTUALLY an insult to many of our black skin colored brothers. SOME of those that are labeled "African American" don't even have heritage that even roots their ethnicity to the continent of Africa in the first place. It's like calling every person that looks "Hispanic" a "Mexican-American".. and to be honest, while I don't look "Hispanic".. my father does.. however, he's Portuguese which he looks Mexican, but is nothing of the sort..
So, you see now just how stupid your argument is?
My saying is that "my thoughts are my own." That passes MUCH further than people trying to label me, basically, Brian Roberts himself becuase I don't agree with many of the silly arguments passed along as facts here daily. I don't agree with all of what cable does.. but I also don't agree with many of the complaints that people make and assertions and accusations that people like to pass here on a daily basis. What does that mean?? (Cheat: here's the answer...) I am CAPABLE of THINKING ON MY OWN.. I know some people need to look to someone for guidance and for leadership and answers.. however, I did pay attention in school, and I do have my own mind and I DO know how to form my own opinions, and render my own decisions. I don't need a party to do that for me, I don't need an industry to tell me what to think, a union, or so called "government leader" or role-model from Hollywood to tell me what to think, believe, how to dress, anything.
.. but I applaud you on your effort.
I don't "wonder why" people think I am republican.. I laugh at their narrow-minded ways actually.. especially when I tell them I am not and they are too short minded to understand that while our form of government may be a two party system, there are actually more parties and ways of thinking out there greater than what the system is configured for. It just shows a failure in their own education... and that's not my problem.. it's theirs. | |
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| lesopp
join:2001-06-27
Land O Lakes, FL | Then there are little boo boos like
a) the Carter Community Reinvestment Act that caused banks to create subprime loans
b) the Act signed by Clinton in 1999 eliminating the Glass Stiegel Act allowing for the creation of all the failed and failing investment firms
c) congress refusing to regulate Fannie and Freddie (4 years each party)
c) impotence by both parties to reign in high energy prices, effectively converting personal discretionary spending to personal debt
d) Bush encouraging banks to increase subprime lending
All are responsible for the current economic state. | |
| | | KrKHeavy Artillery For The Little GuyPremium
join:2000-01-17
Tulsa, OK Reviews:
·AT&T DSL Service
1 edit | Re: What the **** good does it do handing money to large MegaCo said by lesopp:b) the Act signed by Clinton in 1999 eliminating the Glass Stiegel Act allowing for the creation of all the failed and failing investment firms Clever, but I'm not going to let you get away with it that easy. This was a MAJOR AGENDA of the Republican congress. Clinton warned of the abuses that could come of such a move, and in fact in early on the voting was along party lines, Republicans 100% for and Democrats against, but eventually it went to committee and the Gramm-Leach-Bliley Act was eventually delivered to Clinton as a veto proof bill and he signed it.
The way you attempt to transfer blame for the results of the action to Clinton and away from the Republican majority is amusing, but false.
... And this was only part of it, the real hammer blow came later in 2004 the Securities and Exchange commission allowed investment banks (such as the failed Lehman Brothers) to start buying and selling bundles of mortgages worth up to 30 times as much as the banks had in assets on reserve. Previously, they were limited to 12:1 ratio, and in 2004 with the Bush administration's full support and Alan Greenspan arguing the banks would regulate themselves, this was lifted to 30:1. This is the primary cause, IMHO of the "housing bubble" and the free and easy loans. Banks suddenly had billions of dollars available for mortgages because overnight they could increase spending to 30X what they had in reserve.
The effect was immediate and massive; and we're paying for it now... bigtime.
The free market will self regulate crowd dropped us in a pile of steaming "waste product" and they did it but good.
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"Fascism should more properly be called corporatism because it is the merger of state and corporate power." -- Benito Mussolini
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