stevoh Posted October 3, 2008 Report Posted October 3, 2008 http://www.cnn.com/2008/POLITICS/10/03/hou...lout/index.html Is anyone else as disgusted as me that this version is the one that passed? All the various political representatives from both sides of the aisle pissed me off. All this high talk of priniciples, fighting creeping socialism, "listening to the voters" was utter crap. All you have to do is say "here is 200 000 dollars for a wooden arrow factory in your constuency" and you get the vote. Barf. Washington as usual. If either candidate represents change from this system, they certainly didn't demonstrate it in the last two weeks. Quote Apply liberally to affected area.
eyeball Posted October 3, 2008 Report Posted October 3, 2008 I'm more disgusted about the way a $612 billion military bill was passed during the same run up to this so-called bailout. Here a trillion there a trillion everywhere a trillion trillion. Quote I said now watch what you say they'll be calling you a radical, a liberal, oh fanatical criminal
bush_cheney2004 Posted October 4, 2008 Report Posted October 4, 2008 I'm more disgusted about the way a $612 billion military bill was passed during the same run up to this so-called bailout.Here a trillion there a trillion everywhere a trillion trillion. Why are you disgusted? Has absolutely nothing to do with you. Chill out...... Quote Economics trumps Virtue.
Pliny Posted October 4, 2008 Report Posted October 4, 2008 (edited) http://www.cnn.com/2008/POLITICS/10/03/hou...lout/index.htmlIs anyone else as disgusted as me that this version is the one that passed? All the various political representatives from both sides of the aisle pissed me off. All this high talk of priniciples, fighting creeping socialism, "listening to the voters" was utter crap. All you have to do is say "here is 200 000 dollars for a wooden arrow factory in your constuency" and you get the vote. Barf. Washington as usual. If either candidate represents change from this system, they certainly didn't demonstrate it in the last two weeks. Yep. I was disgusted. I got the feeling that guys like Chris Dodd, Chairman of the Finance Committee were really talking about saving their own economic skins and investments on Wall Street than saving the economy. Oh well, I expected it. Politicians will keep saving the economy until it hits bottom, no matter what. The earmarks are idiotic riders attached to larger issues that are destined to pass in the legislature. Utter nonsense. On their own they would never go anywhere. Obviously, Steve you have a different reason for disliking the bailout than I. You think it is just about bailing out wealthy, greedy capitalists, as do most people, I'm sure. I dislike it because I feel it only temporarily relieves some symptoms and fails to allow a natural correction of mal-investment and over-extension of credit. Resulting in a much harder fall at a later date and a further assignment of blame on Wall street, Capitalism and the free market, which in turn brings "more" regulation. It was governments guarantee that failure of GSE's like Fannie Mae and Freddie Mac was impossible that incited the sub-prime frenzy. Fannie mae and Freddie Mac own 4 out of 5 of all American home mortgages. Edited October 4, 2008 by Pliny Quote I want to be in the class that ensures the classless society remains classless.
eyeball Posted October 4, 2008 Report Posted October 4, 2008 Yep. I was disgusted...Obviously, Steve you have a different reason for disliking the bailout than I. You think it is just about bailing out wealthy, greedy capitalists, as do most people, I'm sure. I'm just as sure your prescription for even more laizzes faire capitalism would cock things up even faster. So let me guess Pliny, you think the $612 billion the same gang just signed over to the military was a wise investment don't you? Quote I said now watch what you say they'll be calling you a radical, a liberal, oh fanatical criminal
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