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You still have Morgan right?mek wrote:
at least you have an auto industry
Last edited by Burwhale the Avenger (2008-11-07 15:28:28)
That's change I can believe in...ATG wrote:
Hang them all from street signs.
No that just makes sure the fuckers in the government can squander and steal the whole of it. How many sets of books do we have now .. 4?Turquoise wrote:
Time to nationalize these fuckers so that the public owns them. It's the only way we'll get our money back.
Normally, I would be totally against nationalization.Kmarion wrote:
No that just makes sure the fuckers in the government can squander and steal the whole of it. How many sets of books do we have now .. 4?Turquoise wrote:
Time to nationalize these fuckers so that the public owns them. It's the only way we'll get our money back.
I'll agree that we have the worst of both going on. We just elected a guy that agreed with the bailout too. Handing this government anymore power isn't the best alternative though.. jesus, look at their record ffs.Turquoise wrote:
Normally, I would be totally against nationalization.Kmarion wrote:
No that just makes sure the fuckers in the government can squander and steal the whole of it. How many sets of books do we have now .. 4?Turquoise wrote:
Time to nationalize these fuckers so that the public owns them. It's the only way we'll get our money back.
However, since it's clear that lobbying ensures the socialization of losses and privatization of gains.... I'm now in favor of socializing gains as well.
Going halfway only fucks the majority of the country in favor of the elite rich. We currently have a corporate fascism in terms of economic policy -- far worse than any socialism.
I'd rather elected officials control the money than corporations.Kmarion wrote:
I'll agree that we have the worst of both going on. We just elected a guy that agreed with the bailout too. Handing this government anymore power isn't the best alternative though.. jesus, look at their record ffs.Turquoise wrote:
Normally, I would be totally against nationalization.Kmarion wrote:
No that just makes sure the fuckers in the government can squander and steal the whole of it. How many sets of books do we have now .. 4?
However, since it's clear that lobbying ensures the socialization of losses and privatization of gains.... I'm now in favor of socializing gains as well.
Going halfway only fucks the majority of the country in favor of the elite rich. We currently have a corporate fascism in terms of economic policy -- far worse than any socialism.
And who controls the politicians? It certainly isn't us common folks. You're coming up just one step short Turq.Turquoise wrote:
I'd rather elected officials control the money than corporations.Kmarion wrote:
I'll agree that we have the worst of both going on. We just elected a guy that agreed with the bailout too. Handing this government anymore power isn't the best alternative though.. jesus, look at their record ffs.Turquoise wrote:
Normally, I would be totally against nationalization.
However, since it's clear that lobbying ensures the socialization of losses and privatization of gains.... I'm now in favor of socializing gains as well.
Going halfway only fucks the majority of the country in favor of the elite rich. We currently have a corporate fascism in terms of economic policy -- far worse than any socialism.
true... I suppose the Fight Club option is best....Kmarion wrote:
And who controls the politicians? It certainly isn't us common folks. You're coming up just one step short Turq.Turquoise wrote:
I'd rather elected officials control the money than corporations.Kmarion wrote:
I'll agree that we have the worst of both going on. We just elected a guy that agreed with the bailout too. Handing this government anymore power isn't the best alternative though.. jesus, look at their record ffs.
A proper revolution might fix it. I can honestly say I'm at least more optimistic because it at least seems people are paying more attention.Turquoise wrote:
true... I suppose the Fight Club option is best....Kmarion wrote:
And who controls the politicians? It certainly isn't us common folks. You're coming up just one step short Turq.Turquoise wrote:
I'd rather elected officials control the money than corporations.
Sounds good to me....san4 wrote:
Don't nationalize the financial institutions, let them live or die on their own. A bank with $100 billion of debts it can't pay is useless to the economy. Let it die. Hank Paulson won't even consider letting his old Wall Street pals go out of business, but the fact is the country doesn't need them if they don't have money to lend or invest. Trying to rescue them just means pouring money into a black hole.
And the government should start a new bank with $700 bn of capital. Set sensible regulations on it so it can't make risky investments. Force it to act like banks used to--careful. The new bank will lend money and the credit freeze will thaw.
I may have a good reason to leave this country afterall... and it won't have anything to do with a particular party but rather the system itself....Kmarion wrote:
The sad thing is that banks are getting this money and they STILL are not lending it. Why would they? The dollar has actually made some gains recently. That pays a huge return to them. Now that their losses are covered they can go after the home owners that are behind.. no matter the fact that the housing market is already flooded. They get to have it both ways now. They forced you to bail them out. Now they can force you out of your home. I hope to hell the government pays attention to who is lending and who is double tapping us. Doubtful though.
Btw I speak from absolute experience here. I see this everyday. Since the bailout banks have been less willing to lend. I am a genuine proponet of less government. But if you are going to hand out checks in the hundreds of billions you had better have more conditions than what the recovery package offered. We've been bamboozled, big time.Turquoise wrote:
I may have a good reason to leave this country afterall... and it won't have anything to do with a particular party but rather the system itself....Kmarion wrote:
The sad thing is that banks are getting this money and they STILL are not lending it. Why would they? The dollar has actually made some gains recently. That pays a huge return to them. Now that their losses are covered they can go after the home owners that are behind.. no matter the fact that the housing market is already flooded. They get to have it both ways now. They forced you to bail them out. Now they can force you out of your home. I hope to hell the government pays attention to who is lending and who is double tapping us. Doubtful though.
sad really... Maybe Obama was elected too late in the game to fix things. I guess we kind of needed someone like him about 30 years ago.
I can't answer this now. No one can really. Until they actually put their ass in the chair and delegate we won't know the truth. The Presidency is a position like no other.Turquoise wrote:
I guess we kind of needed someone like him about 30 years ago.
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