Originally posted by Bardock42
Dude, I think the fact that there was no free market during the times is a pretty good argument against the free market being the cause.
I didn't say it was the free market. I said it was letting people do whatever they wanted to do that caused the problem. Better oversight would have limited people buying on margin (among other things) and greatly reduced the impact of the depression.
Originally posted by Symmetric Chaos
I didn't say it was the free market. I said it was letting people do whatever they wanted to do that caused the problem. Better oversight would have limited people buying on margin (among other things) and greatly reduced the impact of the depression.
The same issue occurred in the '90's and the 'burst' happened in the 2000's. We are living on a fake economy of credit right now and now we have increased the money supply over 70% to try to 'fix' the problem and instead, if we continue doing it, will create hyperinflation.
You seem to be saying there wasn't enough regulation in the lead up to the Depression by the remarks 'letting people do what they want'. There was plenty of regulation of the markets at the time. Granted, they were freer then than they are now.
http://animalnewyork.com/2008/06/japanese-think-obama-is-bananas/
I just laughed so hard.
whoa, i just heard that the At. Gen., I think his name's Mr. Quomo said that he wants the names of those who've recieved the A.I.G. bonuses within 3 hrs. from now or he's handing out subpeonas.
the end of capitalism is near; there's gonna be an official "on the books" hybrid of it and socialism by the time Obama leaves.
I personally think those cats are gonna keep their bonuses. I don't see how Obama can legally get it back. You can't just break a codified legal agreement.
This is what the O. admin. gets for rushing in. Only fools rush in.. "We need the money yesterday, not tommorow.." Why didn't Obama create conditions beforehand?, now they lost (alot) (of our) money. (and look stupid).
And now they're trying to save face by salvaging it back via legal threats and heavily taxing the bonuses.
I smells a class war, as well.
Lol Obama pushed this stimulus package through as quickly as he could:
"You must pass this now! There is no time to waste! Do it! We will be in a depression if you don't!"
Now he is trying to pass the blame to the Fed and anyone he can:
"Well..they slipped it in there, they didn't give us time to read it"
This administration is a train wreck.
Originally posted by FistOfThe North
whoa, i just heard that the At. Gen., I think his name's Mr. Quomo said that he wants the names of those who've recieved the A.I.G. bonuses within 3 hrs. from now or he's handing out subpeonas.the end of capitalism is near; there's gonna be an official "on the books" hybrid of it and socialism by the time Obama leaves.
I personally think those cats are gonna keep their bonuses. I don't see how Obama can legally get it back. You can't just break a codified legal agreement.
This is what the O. admin. gets for rushing in. Only fools rush in.. "We need the money yesterday, not tommorow.." Why didn't Obama create conditions beforehand?, now they lost (alot) (of our) money. (and look stupid).
And now they're trying to save face by salvaging it back via legal threats and heavily taxing the bonuses.
I smells a class war, as well.
There's already a fair and legal hybrid that works called social democracy. Also, Obama can pull a Bush and use a presidential signing statement to interpret the stimulus bill as such: executives receiving bonuses working at companies receiving bailouts shall have their income taxed at 97% until such a time that the economy demonstrates two quarters of steady growth and that during this time, effected parties shall surrender their passports no later than April 12th, 2009 to be reinstated upon demonstration of two quarters of economic growth. Companies that engage in international outsourcing will be ineligible to receive bailouts but have two months to restructure their firms accordingly. Executives who refuse to surrender their passports will be jailed for implied contempt of congress. Non-compliant companies will forfeit their compensation and will be subject to investigation and possible criminal charges under the RICO Act.
Tada, problem solved.
Originally posted by Darth Jello
There's already a fair and legal hybrid that works called social democracy. Also, Obama can pull a Bush and use a presidential signing statement to interpret the stimulus bill as such: executives receiving bonuses working at companies receiving bailouts shall have their income taxed at 97% until such a time that the economy demonstrates two quarters of steady growth and that during this time, effected parties shall surrender their passports no later than April 12th, 2009 to be reinstated upon demonstration of two quarters of economic growth. Companies that engage in international outsourcing will be ineligible to receive bailouts but have two months to restructure their firms accordingly. Executives who refuse to surrender their passports will be jailed for implied contempt of congress. Non-compliant companies will forfeit their compensation and will be subject to investigation and possible criminal charges under the RICO Act.
Tada, problem solved.
He can pull this off after the fact? Isn't a contract legal and binding.
This was a private agreement made beforehand between an employer and it's employees. And isn't the mney supose to stimulate competition as well as the economy. Without bonuses no one'll have a reason to do their best sometimes and production goes down an affected bottomline, right...
And these bonuses are a fraction of what these execs get really..i mean if they're getting a $500,000 preformance check, cause that's what it essetially is, you know their getting that because they have churned 10 times that amount for the company.
and on the other coin how incompetent can you be? These are supose to be the brightest people on earth, the Obama Admin.
I dunno. Washington Lost this round.
See, that's why i was voting for Mitt Romney. My former gov. here. He was a "true" business man. What we need. He's the founder and C.E.O. of Bain Capital, probably the biggest consulting firm in Boston, he headed and succefully ran and saved the olympics here in the U.S. He was our head of State, and a damed good one, imho. He's a great American (cause he believes in teaching a man how to fish instead of offering it for free), a ball buster with guts, he's got ton's 'o money so that means he won't be stealing. (i'd rather have a rich man in office than a poor man). And he would've been an excellent pick but no.
Obamania had spread, people placed their bet based on feelings and emotion and subjectivity instead of using objectivity, reason, and common sense and a lack of question asking. And this is what we all get..
I'm a bit stressed about it a bit. Moments ago China's leader boldly said, at a news conference, that he should've reconsidered his investment in the u.s. (meaning China's loan to the u.s./w interest)
Obama's a socialist.
ps. I just heard on the radio that an Israeli cabinet member just learned that Iran has nuclear weapons..
Do you think Isreal's gonna wait to attack. i don't think so.
What'll happen then. do we step in? How? With what resources.. Isreal already gets 3 billion from the u.s. every year...
man o man..
i sense a blitz..what better time for any and everyone or cenemy country to attack allied forces and the u.s. simultaneously, and finaly "wipe Israel from the map" And the Talibans back harder than very and Obama's gonna withdraw mostly all troops from iraq in about a year......wow
i just sense some type of Blitz..As if something's gonna happen.
God help us.
My apologies for going off on such a huge tangent..
Originally posted by FistOfThe NorthObama's a socialist.
ps. I just heard on the radio that an Israeli cabinet member just learned that Iran has nuclear weapons..
Do you think Isreal's gonna wait to attack. i don't think so.
What'll happen then. do we step in? How? With what resources.. Isreal already gets 3 billion from the u.s. every year...
man o man..
i sense a blitz..what better time for any and everyone or cenemy country to attack allied forces and the u.s. simultaneously, and finaly "wipe Israel from the map" And the Talibans back harder than very and Obama's gonna withdraw mostly all troops from iraq in about a year......wow
i just sense some type of Blitz..As if something's gonna happen.
God help us.
My apologies for going off on such a huge tangent..
This doesn't deserve much time from anyone so just two things:
1) How is Obama a socialist? I'm not sure you are aware what a socialist is.
2) If Isarel gets 3 billion from the U.S. every year (which you said) then what does that have to do with Obama? In fact, what does any of what you said have to do with Obama? That's Bush admnistration shit in Obama's lap.
Originally posted by chithappens
This doesn't deserve much time from anyone so just two things:1) How is Obama a socialist? I'm not sure you are aware what a socialist is.
2) If Isarel gets 3 billion from the U.S. every year (which you said) then what does that have to do with Obama? In fact, what does any of what you said have to do with Obama? That's Bush admnistration shit in Obama's lap.
Yet you still happened to find time to reply..
Look, he is a heavy spender and spreader of tax wealth and distribution. His admin. impedes with private businesses the wrong way, (by hurredly throwing money at the problem instead getting to the root of the problem) He believes in big gov't (or gov't control) as a socialist does, as democrats do. He is for an economic system based on gov't ownership of money, i'm telling you. Also, he's not a hawk. He's seems anti-defense. He's anti-business, a poor finance manager, or his constituants are. So one can say that he's basically anti-american and a socialist. Doesn't he want to socialize healthcare? Which would just be an awful idea. Obama's starring as Robin Hood in this crisis and it's all gonna lead to dire straits.
He's a liberal, how can you not see that.
And if you didn't notice i wrote p.s., you know as in "post script", as in additional trivia or information that doesn't necessarily have to do with the body, beside the fact that i apoligized for going on that tangent.. but it has everything to do with Obama. He's the head of the gov't offering this money to them while we need it here.
Originally posted by FistOfThe North
See, that's why i was voting for Mitt Romney. My former gov. here. He was a "true" business man. What we need. . . . he's got ton's 'o money so that means he won't be stealing
Yes. If there's one lesson that economic collapse has taught us it's that business men are a trustworthy bunch.
Also, it taught us that rich people are least likely to steal.
Originally posted by Red Nemesis
Socialist =/= Anti AmericanTo the best of my knowledge,
Socialist =/= Liberal
Also,
A hawk is kind of the opposite of what the world needs.
Why does he seem anti-defense?
Explain plz.
Socialism goes against Capitalism. The rightful and prefered economy here in the U.S. And blame greedy fat cats, not the system. They failed the system and that's how the system ultimately failed the country and us. But it wasn't the systems' fault. It was theirs.
Capitalism can and does work (well)..
And a hawk is what we don't need? What kinda person do you think we'd need if war's declared upon us and or our interests, a chicken? Or a liberal? No thanks. This country needs it's defense more than you know..And i sense now more than ever. We're on mostly everyones hit list.
And he doesn't seem anti-defense to you? He's shut down "G.B." and let U.S. haters free. Sure not all were like that but just letting go of one of them is enough. One is one too much. example Bin Laden. Look what that one person has been capable of.. And Obama obvioulsly has no time to think about the dramatic impact that'll happen if he goes through with this absurd Iraq troop pull. Which is mad inconsiderate of him, which is why he comes of as anti-defense. If Obama had foresight or at least half a brain, he'd know that Iran's (and it's cohorts) are looking at all of this from the shadows with a huge hard on, shoulders shugged, a sinister/giggly smile in tow, while desperatly rubbing it's hands just waiting so bad for that withdrawl so they can, within (short) time, invade iraq, take over our interest over there, annex the country, then get Israel really good. And get into it with the u.s. And they're not to be taken lightly either. We're not dealing with Iraq or the Afghans. This is the real deal. Iran?! lol! If you only knew how organized they are you'd hold your mouth agaped for days.
I don't know how alot of you can't you sense it. Somethings wrong. Somethings going on..
All Irans and Chinas and N. Korea ongoings? With the nuke testing and the multiple nighttime satellite launches, and the drastic political moves, the ground mobilizations and the defiance, the lies and these countries are getting bolder and bolder and bolder everyday, pulling Washington's bluff...earlier today, N. Korea said it's holding captive 2 american reporters. what'd we do.. NOTHING! There's most likely a set of sequences happening right now that'll lead to something very very ugly.
That's why we need a hawk. A lion. And not Obama. I forsee him being impeached if the situation doesn't or can't remedy itself soon. And i mean Soon. Like for example if this bailout thing crashes. i can't even being to imagine.....
i'm just gonna stop or pause here man, cause i'm just gonna go on and on.
and i haven't even scratched the surface.
Originally posted by BackFire
Yes. If there's one lesson that economic collapse has taught us it's that business men are a trustworthy bunch.Also, it taught us that rich people are least likely to steal.
I wrote "True" businessman. A competant leader and money manager. A guy who plays by the rules. Whom is ethical. Still competetive in nature but ethical.
Mitt is wealthy businessman. Not a rich businessman.
There's a difference. Wealthy is a state of mind. Rich is just you have alot of money and that's it. Nothing else really matters. Money is your priority above all.
The wealthy spend their money, (wisely). they live life. the rich worry about keeping it (greedlily). While wanting more.
Originally posted by FistOfThe North
Socialism goes against Capitalism. The rightful and prefered economy here in the U.S. And blame greedy fat cats, not the system. They failed the system and that's how the system ultimately failed the country and us. But it wasn't the systems' fault. It was theirs.Capitalism can and does work (well)..
And a hawk is what we don't need? What kinda person do you think we'd need if war's declared upon us and or our interests, a chicken? Or a liberal? No thanks. This country needs it's defense more than you know..And i sense now more than ever. We're on mostly everyones hit list.
And he doesn't seem anti-defense to you? He's shut down "G.B." and let U.S. haters free. Sure not all were like that but just letting go of one of them is enough. One is one too much. example Bin Laden. Look what that one person has been capable of.. And Obama obvioulsly has no time to think about the dramatic impact that'll happen if he goes through with this absurd Iraq troop pull. Which is mad inconsiderate of him, which is why he comes of as anti-defense. If Obama had foresight or at least half a brain, he'd know that Iran's (and it's cohorts) are looking at all of this from the shadows with a huge hard on, shoulders shugged, a sinister/giggly smile in tow, while desperatly rubbing it's hands just waiting so bad for that withdrawl so they can, within (short) time, invade iraq, take over our interest over there, annex the country, then get Israel really good. And get into it with the u.s. And they're not to be taken lightly either. We're not dealing with Iraq or the Afghans. This is the real deal. Iran?! lol! If you only knew how organized they are you'd hold your mouth agaped for days.
I don't know how alot of you can't you sense it. Somethings wrong. Somethings going on..
All Irans and Chinas and N. Korea ongoings? With the nuke testing and the multiple nighttime satellite launches, and the drastic political moves, the ground mobilizations and the defiance, the lies and these countries are getting bolder and bolder and bolder everyday, pulling Washington's bluff...earlier today, N. Korea said it's holding captive 2 american reporters. what'd we do.. NOTHING! There's most likely a set of sequences happening right now that'll lead to something very very ugly.
That's why we need a hawk. A lion. And not Obama. I forsee him being impeached if the situation doesn't or can't remedy itself soon. And i mean Soon. Like for example if this bailout thing crashes. i can't even being to imagine.....
i'm just gonna stop or pause here man, cause i'm just gonna go on and on.
and i haven't even scratched the surface.
Where the **** are these people when Bush in office?
Is this a Deano sock?
Originally posted by FistOfThe North
Socialism goes against Capitalism. The rightful and prefered economy here in the U.S. And blame greedy fat cats, not the system. They failed the system and that's how the system ultimately failed the country and us. But it wasn't the systems' fault. It was theirs.Capitalism can and does work (well)..
Originally posted by FistOfThe North
And a hawk is what we don't need? What kinda person do you think we'd need if war's declared upon us and or our interests, a chicken? Or a liberal? No thanks. This country needs it's defense more than you know..And i sense now more than ever. We're on mostly everyones hit list.
Anyway, defense and hawkish policies are two very different things. One does not need to wish for war to defend one's home.
Originally posted by FistOfThe North
And he doesn't seem anti-defense to you? He's shut down "G.B." and let U.S. haters free. Sure not all were like that but just letting go of one of them is enough. One is one too much. example Bin Laden. Look what that one person has been capable of..
Besides, torture doesn't work, and waterboarding (done @ GB) is against international and US law.
Originally posted by FistOfThe North
[B]
And Obama obvioulsly has no time to think about the dramatic impact that'll happen if he goes through with this absurd Iraq troop pull. Which is mad inconsiderate of him, which is why he comes of as anti-defense. If Obama had foresight or at least half a brain, he'd know that Iran's (and it's cohorts) are looking at all of this from the shadows with a huge hard on, shoulders shugged, a sinister/giggly smile in tow, while desperatly rubbing it's hands just waiting so bad for that withdrawl so they can, within (short) time, invade iraq, take over our interest over there, annex the country, then get Israel really good. And get into it with the u.s. And they're not to be taken lightly either. We're not dealing with Iraq or the Afghans. This is the real deal. Iran?! lol! If you only knew how organized they are you'd hold your mouth agaped for days.
And I'd be careful about betting against Obama's intelligence. Not only is he amazingly sharp, he is competent, which is more than could be said of our last president.
Originally posted by FistOfThe North
I don't know how alot of you can't you sense it. Somethings wrong. Somethings going on..
Originally posted by FistOfThe North
All Irans and Chinas and N. Korea ongoings? With the nuke testing and the multiple nighttime satellite launches, and the drastic political moves, the ground mobilizations and the defiance, the lies and these countries are getting bolder and bolder and bolder everyday, pulling Washington's bluff...earlier today, N. Korea said it's holding captive 2 american reporters. what'd we do.. NOTHING! There's most likely a set of sequences happening right now that'll lead to something very very ugly.
Originally posted by FistOfThe North
That's why we need a hawk. A lion. And not Obama. I forsee him being impeached if the situation doesn't or can't remedy itself soon. And i mean Soon. Like for example if this bailout thing crashes. i can't even being to imagine.....
Yeah. We'd definitely want someone in power with a tendency to escalate the situation. More application of deadly force is the way to ensure America's safety.
PS: LOL at the phrase 'America haters' used in earnestness. Srsly.