If not for the bailouts & stimulus package...

If the bailouts of the past year plus don't convince you of a corporate governance I don't know what will.

Also Watermark, you know if we get into any deep economic discussion I will end up going way over your head if we get at all technical. So spare the ignorance nonsense.
 
Obfuscate said:
I don't get how anyone thinks that a policy of Corporate Facism is what is needed to HELP the economy.
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Most people are indoctrinated into fascism. they think if it's 'international' or 'diverse' or 'eco-friendly' that that makes it not fascism. But they're wrong, stupidly wrong.
 
“The fact that political ideologies are tangible realities is not a proof of their vitally necessary character. The bubonic plague was an extraordinarily powerful social reality, but no one would have regarded it as vitally necessary.” --wilhelm reich
 
Obfuscate said:
If the bailouts of the past year plus don't convince you of a corporate governance I don't know what will.

Also Watermark, you know if we get into any deep economic discussion I will end up going way over your head if we get at all technical. So spare the ignorance nonsense.
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It's called a plutocracy .,. and that is exactly what we exist in.
 
blackascoal said:
America's employer is small business, not Wall Street.

Obama should have focused on small business and job creation rather than bailing out losers who constantly thumb their noses at regulatioin .. AND who also FUNDED Obama's path to the White House.
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While I agree that small business is where the bulk of job creation comes from... without the banks, where exactly do you think the credit would come from that those small businesses need to exist?
 
Laugh my fucking ass off... Yeah, our government BORROWED AND PRINTED nearly a trillion dollars to give to the financial institutions, who were supposed to inject the money into our economy through new lines of credit and such, but instead, lined their CEO's pockets and paid their bonuses, while affording them the opportunity to purchase cheap stock with our money, which in turn, caused the Dow to top 10k again. The rich got richer, and not one single job has been created, in fact, another 2 million jobs have been lost, and every sector of the market that hasn't received bailout money, is still floundering. And your pathetically stupid ass thinks this is a good thing!
 
Dixie said:
Laugh my fucking ass off... Yeah, our government BORROWED AND PRINTED nearly a trillion dollars to give to the financial institutions, who were supposed to inject the money into our economy through new lines of credit and such, but instead, lined their CEO's pockets and paid their bonuses, while affording them the opportunity to purchase cheap stock with our money, which in turn, caused the Dow to top 10k again. The rich got richer, and not one single job has been created, in fact, another 2 million jobs have been lost, and every sector of the market that hasn't received bailout money, is still floundering. And your pathetically stupid ass thinks this is a good thing!
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Hey, Dix - how did your prediction about the Dow go?

Should I dig up a few of those threads?
 
Superfreak said:
While I agree that small business is where the bulk of job creation comes from... without the banks, where exactly do you think the credit would come from that those small businesses need to exist?
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You know what, any fool could hand out money that they don't even have to work for.

WHy is your nose so far up banker ass?

All the economic actions taken so far clearly indicate a disgusting elitism, and an intentional ruination of the american economy.
 
Let shit banks fail and have the FDIC and the Fed arrange for smaller good banks to take over their deposits and assets, retain the money supply. There was no doomsday, you've been swindled.
 
Wake up america, these statist fed fucks will keep printing for money for their friends for however long it takes to reduce all working people into poverty through inflation. It doesn't matter to them, they can always make more. Us working on fixed salaries are the ones getting screwed.
 
Yurt said:
don't look now, but the very guy who whined about "gotcha" posts in this thread is now..........................doing a gotcha

dork
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I wish you'd steer clear of my threads. You don't really add anything, and you're creepy as all hell...
 
Onceler said:
Hey, Dix - how did your prediction about the Dow go?

Should I dig up a few of those threads?
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My predictions are right on target. I said back in January, with the influx of the stimulus money, the market couldn't do anything but go up, that much money injected into the system is going to cause a rise in the markets, it doesn't take much brains to figure that out. I also said it would be temporary, and we will see what happens now. I predict the gains will not last.

What you are just too stupid to figure out is, the government CAN'T fix the problems with the economy! If government COULD do that, then politicians would do so, every time there was any indication of decline, to ensure their re-elections. About the ONLY action government can take to help the economy, is to cut taxes.

As it stands, we have completely mortgaged our children and grandchildren's futures, so we could watch the market temporarily go above 10k, and Obama bask in some temporary glory for it. We didn't have the money to do what we did, we borrowed and printed it, and we continue to do so on a daily basis. This can't be sustained long-term, no matter how much glue you sniff.

No jobs have been created, another 2 million are now unemployed, another 20k homes have been foreclosed, another 5k small businesses have tanked, and we are about to face inflation like we haven't seen since the 70's. You think the problem has been fixed by The One? We'll see about that, moron!
 
Dixie said:
What you are just too stupid to figure out is, the government CAN'T fix the problems with the economy! If government COULD do that, then politicians would do so, every time there was any indication of decline, to ensure their re-elections. About the ONLY action government can take to help the economy, is to cut taxes.
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You're an economic illiterate.
 
Dixie said:
As it stands, we have completely mortgaged our children and grandchildren's futures
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Not doing anything in the crises would have lead to much mroe than 1 trillion in debt down the road. And you vastly exaggerate the level of debt we currently have. Countries go to 80% of GDP in debt all the time, and it does not significantly effect future growth.
 
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