OK all these "stimulus" ideas are getting ridiculous

[mamatried]

well that's a different discussion

the boom/busts artificially created by the SOCIALIST federal reserve, banks (who have government and fed as their backstop), and government intervention into the free market place enslaving the economically dumbed down middle class in overvalue equities, bubbling homes, and gobs of debt during the boom

the rich and elite love the boom/busts that they help create and allows them to concentrate more wealth and market share to big corporations, banks etc....

right now many small banks going up the big boys will survive with help from nanny state government
right now many mom and pop shops going outta business wal mart will survive
right now many small restaurants going outta business the chains for the most part will survive
etc...

the engineered boom/busts lets the big boys reap the benefits on the way up.....and allows them to consolidate power and more market share on the way down.....

i'm not saying people themselves not at any fault....but quite a bit of social engineering and entrapment goes on at the same time.....

LOL. If not for Government intervention, virtually everyone in the "economically dumbed down middle class" would have had their ENTIRE life savings wiped out a long time before the current financial disaster. At least, whatever savings they may have accumulated without a Federal Reserve. Which wouldn't have been much.

 

[tocco05]

LOL. If not for Government intervention, virtually everyone in the "economically dumbed down middle class" would have had their ENTIRE life savings wiped out a long time before the current financial disaster. At least, whatever savings they may have accumulated without a Federal Reserve. Which wouldn't have been much.

I forgot, govt. is so smart and good. Get a clue buddy!!

 

[mamatried]

I forgot, govt. is so smart and good. Get a clue buddy!!

I never said that, tocco. But I'm not an anarchist. Are you saying that Government should be completely hands off when it comes to our economy and our financial system?

 

[tocco05]

I never said that, tocco. But I'm not an anarchist. Are you saying that Government should be completely hands off when it comes to our economy and our financial system?

I'm saying govt. fucks up whatever it gets involved in. I don't want them involved in anything to do with money. You trust them, I don't.

 

[fletchisrhsm]

I'm saying govt. fucks up whatever it gets involved in. I don't want them involved in anything to do with money. You trust them, I don't.

hear hear

:cripwalk:

 

[fletchisrhsm]

Bottom line, people need to stop spending and start saving. Spending got us into this mess, spending will not get us out. But the gov. will conitnue to spend and spend and spend, and will tell the people to spend and spend and spend. Like I said in another thread, this country deserves every fucking thing that happens to it.

Agree with 100% of all of this. And i was saying this same shit for over a year...you know before it was cool to do so. <<

Not to insinuate you have just jumped on (because i seen your shtick before)... but i have noticed alot of jumpers now that its bloody obvious.

 

[tocco05]

hear hear

:cripwalk:

Fletch, some of these people amaze me. They want govt. involved in every fucking decision they need to make. They want govt. telling them how to live their lives. They need the govt. Nevermind looking and seeing what a fuckup the govt. is. They fuck up everything they put their hands on. Social Security, the economy. I mean they fuck up everything, yet people put their trust into them in fiixing things they already fucked!!

 

[tocco05]

Agree with 100% of all of this. And i was saying this same shit for over a year...you know before it was cool to do so. <<

I'm a slow learner I guess Feltch.

I realized my mistake of supporting McCain in the election after it was too late. I started really listening to Ron Paul and Peter Schiff and reading what you had to say and Tiz, and I realize what you all have to say really is common sense when you think about it.

 

[tiznow]

also punter you say we need to get more money into the hands of poor people who will spend it

well who exactly is going to reap the rewards of this spending?

i'll tell ya who

big corporations that can low ball small and medium sized businesses in this corporate fascist statist setup

welfare helps walmart, helps mcdonalds etc...

are walmart and mcdonalds struggling right now? hell no i mean they might not be doing as good as recently but they sure as hell aren't at risk of going under like many small and medium sized businesses and their stocks are near 52 week highs

small and medium sized businesses are what makes this country great with its middle class

i have no problems with walmart at face value...i just have a problem that this whole setup favors them over the small businesses....

in the end the small and medium sized businesses which create tons of good paying jobs.....continuously get ass raped and are at a competitive disadvantage in our current setup we have here in america....

 

[fletchisrhsm]

I'm a slow learner I guess Feltch.

I realized my mistake of supporting McCain in the election after it was too late. I started really listening to Ron Paul and Peter Schiff and reading what you had to say and Tiz, and I realize what you all have to say really is common sense when you think about it.

I had edited my post because it sounded as if i was mocking you, but that wasnt my aim. Im pointing more at Lib's. The same ones that hammered (and justifiably so) Bush for his Liberal ways....

 

[tocco05]

I had edited my post because it sounded as if i was mocking you, but that wasnt my aim. Im pointing more at Lib's. The same ones that hammered (and justifiably so) Bush for his Liberal ways....

I didn't take it that way. I admit when I am wrong and I was wrong for supporting McCain. He just represented more of the same. Ron Paul was the only guy that was gonna bring about real Change. Too bad the media wouldn't give him a chance. But they are sure giving him alot of air time now.

 

[nimue77]

So you agree that we should get our troops out from around the world?

I didn't take it that way. I admit when I am wrong and I was wrong for supporting McCain. He just represented more of the same. Ron Paul was the only guy that was gonna bring about real Change. Too bad the media wouldn't give him a chance. But they are sure giving him alot of air time now.

 

[tocco05]

So you agree that we should get our troops out from around the world?

Yes I do. It is contributing to the bankruptcy of this nation.

 

[Willie99]

Where the mortgage is worth more than the value of the home.

I know what upside down is, what is 90% upside down?

 

[fletchisrhsm]

i know what upside down is, what is 90% upside down?

69

 

[nimue77]

Yes I do. It is contributing to the bankruptcy of this nation.

I wasn't expecting that answer.

 

[tocco05]

I wasn't expecting that answer.

(<)<I bet you weren't.

 

[Risk44]

Spending is what caused the problems we are in now. How about people take that extra money and save it.

If people Save Money and Horde it... the economy collapses.. stores will close up.. car dealerships close up...record unemployment.. If nobody spends then there is no way for business to make money...If businesses dont make money they dont pay employees...if employees dont get paid they dont pay taxes...but collect unemployment... so you can see the ripple....

Money makes the world go round...

 

[Willie99]

If people Save Money and Horde it... the economy collapses.. stores will close up.. car dealerships close up...record unemployment.. If nobody spends then there is no way for business to make money...If businesses dont make money they dont pay employees...if employees dont get paid they dont pay taxes...but collect unemployment... so you can see the ripple....

Money makes the world go round...

First GTC08, now Sweetpea

WTF is going on out there?

 

[DennyCrane+]

Big companies for too long have been running on the value of the stock. I would hear it all the time "we have to do whats in the best interest of our shareholders". Such bull shit. If big business had to work the books like normal small businesses do they wouldnt have half the problems. Keep your debt low, expenses in check and focus on cash flow. Big business and govt dont do that they just spend and rob, spend and rob. When there is nothing left to rob (stocks, social security fund) they fail.