No More Bailouts

[tangotango99]

Enough is enough, no more government bailouts,this is not a socialist government,it is a capitalist let the mismanaged,outdated,Madoff followers fail to make room for those who weathered the storm to take their place.

[jestmaty]

What did I miss today? Somebody else being considered to be the recipient of my tax dollars?

F*** em' I say!!!!

Not to turn this into a serious thread thrift... but....

Anybody else concerned about late Sept/ early Oct's "vote" to pass the original bailout bill? It I remember correctly, about 80% of the population was against the bailout, yet the politicians disregarded their constituent's wishes and still voted FOR it?

We are indeed in uncharted territory during this period in history>

No more bailouts!!!!! Ever again!!! Let the weak falter and the stronger move in to take their place!

[iglesias]

Originally posted by jestmaty
What did I miss today? Somebody else being considered to be the recipient of my tax dollars?

F*** em' I say!!!!

The porn industry wants a bailout...

http://politicalticker.blogs.cnn.com...deral-bailout/

As one of the comments says, this gives new meaning to the words "stimulus package".

[macphanatic]

Where's my bailout? Don't need one, but if everyone else is getting one, I want one.

[robrecht]

Originally posted by tangotango99
Enough is enough, no more government bailouts,this is not a socialist government,it is a capitalist let the mismanaged,outdated,Madoff followers fail to make room for those who weathered the storm to take their place.

I don't suppose this administration's emphasis on the need for bail-outs in the current economic situation has changed any of your views, has it? IIRC, part of your previous support was based in part, if not primarily, on the state of the economy and your view of who should receive credit for such. Now that I hear of your opposition to bail-outs, I have to wonder.

[tangotango99]

Originally posted by robrecht
I don't suppose this administration's emphasis on the need for bail-outs in the current economic situation has changed any of your views, has it? IIRC, part of your previous support was based in part, if not primarily, on the state of the economy and your view of who should receive credit for such. Now that I hear of your opposition to bail-outs, I have to wonder.

I believe this so called bailouts is partisan agenda and not an administration sole doing, please keep in mind the world in general is in as rescission. I still stand behind the current administration.

[robrecht]

Originally posted by tangotango99
I believe this so called bailouts is partisan agenda and not an administration sole doing, please keep in mind the world in general is in as rescission. I still stand behind the current administration.

I think you might mean non-partisan or bi-partisan, but don't forget that the banking bailout started with Secretary Paulson as little more than his last minute desperation hope to fix the mess created by the change of the net capital rule that he had lobbied for as head of Goldman Sachs since 2000. Is it any surprise that none of the 5 investment banks have survived as such when they were allowed to increase their debt:capital ratio from 12:1 to 40:1? Idiocy. Combine that with unregulated credit default swaps (insurance without actuaries) and it's not so hard to see that the collapse of these financial institutions is a global crisis. I don't think it's fair of you to credit the current administration with past economic 'good times' (if you still hold that position) but blame the rest of the world when such a house of cards built on idiocy and greed collapses.

[JimB823]

I'd love to see some numbers showing how many people in foreclosure lost their jobs due to their job being shipped overseas. No bailout should go to any company that is outsourcing overseas while our economy goes in the crapper due to people not being about to find work. I refuse to do business with any company that I am aware of doing so and f everyone else would do the same we'd all be in better financial shape.

[N_Jay]

Originally posted by JimB823
I'd love to see some numbers showing how many people in foreclosure lost their jobs due to their job being shipped overseas. No bailout should go to any company that is outsourcing overseas while our economy goes in the crapper due to people not being about to find work.

http://www.theonion.com/content/vide..._stop_americas

Originally posted by JimB823
I refuse to do business with any company that I am aware of doing so and f everyone else would do the same we'd all be in better financial shape.

Let me know how successful you are with that.

[N_Jay]

Originally posted by robrecht
I think you might mean non-partisan or bi-partisan, but don't forget that the banking bailout started with Secretary Paulson as little more than his last minute desperation hope to fix the mess created by the change of the net capital rule that he had lobbied for as head of Goldman Sachs since 2000. Is it any surprise that none of the 5 investment banks have survived as such when they were allowed to increase their debt:capital ratio from 12:1 to 40:1? Idiocy. Combine that with unregulated credit default swaps (insurance without actuaries) and it's not so hard to see that the collapse of these financial institutions is a global crisis. I don't think it's fair of you to credit the current administration with past economic 'good times' (if you still hold that position) but blame the rest of the world when such a house of cards built on idiocy and greed collapses.

No, I think he meant "Partisan", as in each side is playing whatever partisan games they can to score points and line their pockets, and where those two options are not available, to make the other side look bad.

As for any true help, in the economic situation, that is purely accidental.

The economy will recover on its own, and then both sides will take partisan credit for the recovery.

[robrecht]

Originally posted by N_Jay


No, I think he meant "Partisan", as in each side is playing whatever partisan games they can to score points and line their pockets, and where those two options are not available, to make the other side look bad.

Hmmm ... in favor of this possible interpretation would be that such a meaning would also be a dodge of the question by tango.

[N_Jay]

Originally posted by robrecht
Hmmm ... in favor of this possible interpretation would be that such a meaning would also be a dodge of the question by tango.

Maybe I missed something.

What question?

[robrecht]

Originally posted by N_Jay


Maybe I missed something.

What question?

My question to tango was whether this administration's emphasis on the need for bail-outs in the current economic situation has changed any of his views in support of the administration. Also, as you may recall, part of his previous support (which includes "propaganda" that he says he knows to be false) was based in part, if not primarily, on the state of the economy and his view of who should receive credit for such.

He still supports the administration, but given your interpretation of tango's 'answer', I'm also now wondering why he would he stand behind the administration if he agrees (with you?) that they're just playing whatever partisan games they can to score points and line their pockets, and when those two options are not available, to make the other side look bad?

[N_Jay]

While I admit both sides are playing partisan games, I think we each may have different opinions as to who is playing the game the hardest.

(I was looking for a question by Tango, based on the phrasing in your post.)

[robrecht]

Originally posted by N_Jay
[B] While I admit both sides are playing partisan games, I think we each may have different opinions as to who is playing the game the hardest.

You do? Hmmm, I don't know ... Who do you think is playing the game the hardest?

Originally posted by N_Jay

(I was looking for a question by Tango, based on the phrasing in your post.)

No, I meant dodge by tango of the question put to tango. At that point no one had posed any question to you, so no worries, you would never be suspected of having dodged a question here. Such a sensitive and delicate little flower, you are, N_Jay.

Hey, BTW, I'm going to be in and out of JFK next week if you're in town and want to collect on that beer.