Home › Forums › Financial Markets/Economics › No Bailout!
- This topic has 155 replies, 21 voices, and was last updated 13 years, 4 months ago by svelte.
-
AuthorPosts
-
December 12, 2008 at 11:39 AM #315265December 12, 2008 at 3:04 PM #314912pepsiParticipant
[quote=paramount]It’s not that difficult: If your a member of the upper crust, your bailed out.
If your middle class or below, your not.[/quote]
The problem with the automakers is chronical.
It is like a black hole with a smaller diameter.
You will be throwing 10b every 3 years for the next centuary if you will.
For banks, it is a big but shallow pothole on a toll road, and if you could fix it, you could make money from the toll road.December 12, 2008 at 3:04 PM #315268pepsiParticipant[quote=paramount]It’s not that difficult: If your a member of the upper crust, your bailed out.
If your middle class or below, your not.[/quote]
The problem with the automakers is chronical.
It is like a black hole with a smaller diameter.
You will be throwing 10b every 3 years for the next centuary if you will.
For banks, it is a big but shallow pothole on a toll road, and if you could fix it, you could make money from the toll road.December 12, 2008 at 3:04 PM #315302pepsiParticipant[quote=paramount]It’s not that difficult: If your a member of the upper crust, your bailed out.
If your middle class or below, your not.[/quote]
The problem with the automakers is chronical.
It is like a black hole with a smaller diameter.
You will be throwing 10b every 3 years for the next centuary if you will.
For banks, it is a big but shallow pothole on a toll road, and if you could fix it, you could make money from the toll road.December 12, 2008 at 3:04 PM #315324pepsiParticipant[quote=paramount]It’s not that difficult: If your a member of the upper crust, your bailed out.
If your middle class or below, your not.[/quote]
The problem with the automakers is chronical.
It is like a black hole with a smaller diameter.
You will be throwing 10b every 3 years for the next centuary if you will.
For banks, it is a big but shallow pothole on a toll road, and if you could fix it, you could make money from the toll road.December 12, 2008 at 3:04 PM #315395pepsiParticipant[quote=paramount]It’s not that difficult: If your a member of the upper crust, your bailed out.
If your middle class or below, your not.[/quote]
The problem with the automakers is chronical.
It is like a black hole with a smaller diameter.
You will be throwing 10b every 3 years for the next centuary if you will.
For banks, it is a big but shallow pothole on a toll road, and if you could fix it, you could make money from the toll road.December 12, 2008 at 6:02 PM #315002jParticipantCongress waited too long to say no bailout. They should have said no a couple of months ago.
The Detroit 3 are more deserving than the banks of a bailout. At least they did not destroy the economy with their defective product.
I personally would bailout GM after they give a pound of flesh. Peter Schiff is right we need to produce more. (At a profit of course.)
December 12, 2008 at 6:02 PM #315358jParticipantCongress waited too long to say no bailout. They should have said no a couple of months ago.
The Detroit 3 are more deserving than the banks of a bailout. At least they did not destroy the economy with their defective product.
I personally would bailout GM after they give a pound of flesh. Peter Schiff is right we need to produce more. (At a profit of course.)
December 12, 2008 at 6:02 PM #315391jParticipantCongress waited too long to say no bailout. They should have said no a couple of months ago.
The Detroit 3 are more deserving than the banks of a bailout. At least they did not destroy the economy with their defective product.
I personally would bailout GM after they give a pound of flesh. Peter Schiff is right we need to produce more. (At a profit of course.)
December 12, 2008 at 6:02 PM #315414jParticipantCongress waited too long to say no bailout. They should have said no a couple of months ago.
The Detroit 3 are more deserving than the banks of a bailout. At least they did not destroy the economy with their defective product.
I personally would bailout GM after they give a pound of flesh. Peter Schiff is right we need to produce more. (At a profit of course.)
December 12, 2008 at 6:02 PM #315485jParticipantCongress waited too long to say no bailout. They should have said no a couple of months ago.
The Detroit 3 are more deserving than the banks of a bailout. At least they did not destroy the economy with their defective product.
I personally would bailout GM after they give a pound of flesh. Peter Schiff is right we need to produce more. (At a profit of course.)
December 12, 2008 at 8:32 PM #315036ArrayaParticipant[quote=afx114]Amount not given to auto industry: $14 billion
Amount given to banking industry: $700 billion
Number of auto industries that could have been saved with the money used to save the banking industry: 50.Amount spent in Iraq per month: $12 billion
Number of days in Iraq that would pay for bailout of auto industry: 35 days.2008 Federal Budget: $2.66 trillion
Percentage of Federal Budget that the requested $14 billion would have taken: 0.0052Don’t get me wrong, I don’t think we should be bailing out any businesses that make crappy products that nobody wants to buy. But the picking and choosing of who/what is worthy and who/what is not is mind-boggling.[/quote]
You’re correct. People have a had time separating the poor principle of the bailout and the hypocrisy and immorality in which the USG allocates money to begin with. If anything giving those dying dinosaurs a couple bucks would have made a few people sleep a little better over the holidays which is better use of how they allocate most of our money.
If anything you showed our priorities. Imperialistic resource wars good and trying to control the globe good, propping up a failed and corrupt financial system good, helping citizens bad.
It’s that simple folks, thats our government, left or right.
Yippee for us
Also, It’s funny how the Bush administration suddenly turned into the champion of the working man after the senate shot the bill down. I’m sure it’s because they care so much…
December 12, 2008 at 8:32 PM #315393ArrayaParticipant[quote=afx114]Amount not given to auto industry: $14 billion
Amount given to banking industry: $700 billion
Number of auto industries that could have been saved with the money used to save the banking industry: 50.Amount spent in Iraq per month: $12 billion
Number of days in Iraq that would pay for bailout of auto industry: 35 days.2008 Federal Budget: $2.66 trillion
Percentage of Federal Budget that the requested $14 billion would have taken: 0.0052Don’t get me wrong, I don’t think we should be bailing out any businesses that make crappy products that nobody wants to buy. But the picking and choosing of who/what is worthy and who/what is not is mind-boggling.[/quote]
You’re correct. People have a had time separating the poor principle of the bailout and the hypocrisy and immorality in which the USG allocates money to begin with. If anything giving those dying dinosaurs a couple bucks would have made a few people sleep a little better over the holidays which is better use of how they allocate most of our money.
If anything you showed our priorities. Imperialistic resource wars good and trying to control the globe good, propping up a failed and corrupt financial system good, helping citizens bad.
It’s that simple folks, thats our government, left or right.
Yippee for us
Also, It’s funny how the Bush administration suddenly turned into the champion of the working man after the senate shot the bill down. I’m sure it’s because they care so much…
December 12, 2008 at 8:32 PM #315426ArrayaParticipant[quote=afx114]Amount not given to auto industry: $14 billion
Amount given to banking industry: $700 billion
Number of auto industries that could have been saved with the money used to save the banking industry: 50.Amount spent in Iraq per month: $12 billion
Number of days in Iraq that would pay for bailout of auto industry: 35 days.2008 Federal Budget: $2.66 trillion
Percentage of Federal Budget that the requested $14 billion would have taken: 0.0052Don’t get me wrong, I don’t think we should be bailing out any businesses that make crappy products that nobody wants to buy. But the picking and choosing of who/what is worthy and who/what is not is mind-boggling.[/quote]
You’re correct. People have a had time separating the poor principle of the bailout and the hypocrisy and immorality in which the USG allocates money to begin with. If anything giving those dying dinosaurs a couple bucks would have made a few people sleep a little better over the holidays which is better use of how they allocate most of our money.
If anything you showed our priorities. Imperialistic resource wars good and trying to control the globe good, propping up a failed and corrupt financial system good, helping citizens bad.
It’s that simple folks, thats our government, left or right.
Yippee for us
Also, It’s funny how the Bush administration suddenly turned into the champion of the working man after the senate shot the bill down. I’m sure it’s because they care so much…
December 12, 2008 at 8:32 PM #315449ArrayaParticipant[quote=afx114]Amount not given to auto industry: $14 billion
Amount given to banking industry: $700 billion
Number of auto industries that could have been saved with the money used to save the banking industry: 50.Amount spent in Iraq per month: $12 billion
Number of days in Iraq that would pay for bailout of auto industry: 35 days.2008 Federal Budget: $2.66 trillion
Percentage of Federal Budget that the requested $14 billion would have taken: 0.0052Don’t get me wrong, I don’t think we should be bailing out any businesses that make crappy products that nobody wants to buy. But the picking and choosing of who/what is worthy and who/what is not is mind-boggling.[/quote]
You’re correct. People have a had time separating the poor principle of the bailout and the hypocrisy and immorality in which the USG allocates money to begin with. If anything giving those dying dinosaurs a couple bucks would have made a few people sleep a little better over the holidays which is better use of how they allocate most of our money.
If anything you showed our priorities. Imperialistic resource wars good and trying to control the globe good, propping up a failed and corrupt financial system good, helping citizens bad.
It’s that simple folks, thats our government, left or right.
Yippee for us
Also, It’s funny how the Bush administration suddenly turned into the champion of the working man after the senate shot the bill down. I’m sure it’s because they care so much…
-
AuthorPosts
- You must be logged in to reply to this topic.