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February 25, 2010 at 5:05 PM #518840February 25, 2010 at 5:10 PM #517923
an
Participant[quote=briansd1]
No. But progressives are for what works. And the bailouts have worked, haven’t they?I hate the bailouts but I understand the need for them to stabilize our economy and preventing millions from falling into poverty.[/quote]
But that also prevent millions from buying affordable homes. BTW, there’s more than 1 way to skin the cat.February 25, 2010 at 5:10 PM #518064Participant[quote=briansd1]
No. But progressives are for what works. And the bailouts have worked, haven’t they?I hate the bailouts but I understand the need for them to stabilize our economy and preventing millions from falling into poverty.[/quote]
But that also prevent millions from buying affordable homes. BTW, there’s more than 1 way to skin the cat.February 25, 2010 at 5:10 PM #518498Participant[quote=briansd1]
No. But progressives are for what works. And the bailouts have worked, haven’t they?I hate the bailouts but I understand the need for them to stabilize our economy and preventing millions from falling into poverty.[/quote]
But that also prevent millions from buying affordable homes. BTW, there’s more than 1 way to skin the cat.February 25, 2010 at 5:10 PM #518592Participant[quote=briansd1]
No. But progressives are for what works. And the bailouts have worked, haven’t they?I hate the bailouts but I understand the need for them to stabilize our economy and preventing millions from falling into poverty.[/quote]
But that also prevent millions from buying affordable homes. BTW, there’s more than 1 way to skin the cat.February 25, 2010 at 5:10 PM #518845Participant[quote=briansd1]
No. But progressives are for what works. And the bailouts have worked, haven’t they?I hate the bailouts but I understand the need for them to stabilize our economy and preventing millions from falling into poverty.[/quote]
But that also prevent millions from buying affordable homes. BTW, there’s more than 1 way to skin the cat.February 25, 2010 at 6:18 PM #517938briansd1
GuestYes, AN.
The goal of bailouts was to prop up the insolvent financial system. The bailouts worked for what they were intended to do.
It was necessary to bailout the financial system and help boost the economy.
The financial bailouts were necessary evils without which the general economy would have collapsed.
Yes, the bailouts propped up RE prices in certain areas, but other areas of the country are seeing prices back to year 2000. The government is not able to micro manage local markets with only one currency.
I would prefer more cash benefits and training for the unemployed than help for the real estate sector. But unfortunately, real estate serves as bank collateral and drops in RE prices affect bank balance sheets.
But anyway, who’s saying that government action doesn’t work? (Isn’t that the Republican mantra?)
It’s particularly galling and hypocritical for Republicans to rail against welfare then demanding welfare, then cashing the welfare checks. To me, it shows that Republicans don’t care about anything but, as you put it, to skin the cat for their own benefit.
It’s no surprise to me that the moral hazards accumulated exponentially during the Bush years.
February 25, 2010 at 6:18 PM #518079GuestYes, AN.
The goal of bailouts was to prop up the insolvent financial system. The bailouts worked for what they were intended to do.
It was necessary to bailout the financial system and help boost the economy.
The financial bailouts were necessary evils without which the general economy would have collapsed.
Yes, the bailouts propped up RE prices in certain areas, but other areas of the country are seeing prices back to year 2000. The government is not able to micro manage local markets with only one currency.
I would prefer more cash benefits and training for the unemployed than help for the real estate sector. But unfortunately, real estate serves as bank collateral and drops in RE prices affect bank balance sheets.
But anyway, who’s saying that government action doesn’t work? (Isn’t that the Republican mantra?)
It’s particularly galling and hypocritical for Republicans to rail against welfare then demanding welfare, then cashing the welfare checks. To me, it shows that Republicans don’t care about anything but, as you put it, to skin the cat for their own benefit.
It’s no surprise to me that the moral hazards accumulated exponentially during the Bush years.
February 25, 2010 at 6:18 PM #518513GuestYes, AN.
The goal of bailouts was to prop up the insolvent financial system. The bailouts worked for what they were intended to do.
It was necessary to bailout the financial system and help boost the economy.
The financial bailouts were necessary evils without which the general economy would have collapsed.
Yes, the bailouts propped up RE prices in certain areas, but other areas of the country are seeing prices back to year 2000. The government is not able to micro manage local markets with only one currency.
I would prefer more cash benefits and training for the unemployed than help for the real estate sector. But unfortunately, real estate serves as bank collateral and drops in RE prices affect bank balance sheets.
But anyway, who’s saying that government action doesn’t work? (Isn’t that the Republican mantra?)
It’s particularly galling and hypocritical for Republicans to rail against welfare then demanding welfare, then cashing the welfare checks. To me, it shows that Republicans don’t care about anything but, as you put it, to skin the cat for their own benefit.
It’s no surprise to me that the moral hazards accumulated exponentially during the Bush years.
February 25, 2010 at 6:18 PM #518607GuestYes, AN.
The goal of bailouts was to prop up the insolvent financial system. The bailouts worked for what they were intended to do.
It was necessary to bailout the financial system and help boost the economy.
The financial bailouts were necessary evils without which the general economy would have collapsed.
Yes, the bailouts propped up RE prices in certain areas, but other areas of the country are seeing prices back to year 2000. The government is not able to micro manage local markets with only one currency.
I would prefer more cash benefits and training for the unemployed than help for the real estate sector. But unfortunately, real estate serves as bank collateral and drops in RE prices affect bank balance sheets.
But anyway, who’s saying that government action doesn’t work? (Isn’t that the Republican mantra?)
It’s particularly galling and hypocritical for Republicans to rail against welfare then demanding welfare, then cashing the welfare checks. To me, it shows that Republicans don’t care about anything but, as you put it, to skin the cat for their own benefit.
It’s no surprise to me that the moral hazards accumulated exponentially during the Bush years.
February 25, 2010 at 6:18 PM #518860GuestYes, AN.
The goal of bailouts was to prop up the insolvent financial system. The bailouts worked for what they were intended to do.
It was necessary to bailout the financial system and help boost the economy.
The financial bailouts were necessary evils without which the general economy would have collapsed.
Yes, the bailouts propped up RE prices in certain areas, but other areas of the country are seeing prices back to year 2000. The government is not able to micro manage local markets with only one currency.
I would prefer more cash benefits and training for the unemployed than help for the real estate sector. But unfortunately, real estate serves as bank collateral and drops in RE prices affect bank balance sheets.
But anyway, who’s saying that government action doesn’t work? (Isn’t that the Republican mantra?)
It’s particularly galling and hypocritical for Republicans to rail against welfare then demanding welfare, then cashing the welfare checks. To me, it shows that Republicans don’t care about anything but, as you put it, to skin the cat for their own benefit.
It’s no surprise to me that the moral hazards accumulated exponentially during the Bush years.
February 26, 2010 at 12:20 AM #518229SD Realtor
ParticipantHow do we know the bailouts worked?
How do we know that the financial system would have failed. Sure this is what we have been told but do you believe everything the govt tells you?
To me the bailouts have done nothing but preserved the system and resulted in keeping those who had power and wealth, in that same position if not solidifying the positions they had.
I guess if you are happy with the way things were then yes they worked.
No pain, no gain. Just remember the chaos you think we averted is chaos that you were told would happen, that you have been programmed would happen, and that your government 100% counted on you to believe it would happen so a bailout MUST be passed immediately. In fact, to take a page from Arrayas handbook, if the chaos would not have happened, maybe our govt would have…. created some chaos.
Never waste a good emergency.
February 26, 2010 at 12:20 AM #518370ParticipantHow do we know the bailouts worked?
How do we know that the financial system would have failed. Sure this is what we have been told but do you believe everything the govt tells you?
To me the bailouts have done nothing but preserved the system and resulted in keeping those who had power and wealth, in that same position if not solidifying the positions they had.
I guess if you are happy with the way things were then yes they worked.
No pain, no gain. Just remember the chaos you think we averted is chaos that you were told would happen, that you have been programmed would happen, and that your government 100% counted on you to believe it would happen so a bailout MUST be passed immediately. In fact, to take a page from Arrayas handbook, if the chaos would not have happened, maybe our govt would have…. created some chaos.
Never waste a good emergency.
February 26, 2010 at 12:20 AM #518803ParticipantHow do we know the bailouts worked?
How do we know that the financial system would have failed. Sure this is what we have been told but do you believe everything the govt tells you?
To me the bailouts have done nothing but preserved the system and resulted in keeping those who had power and wealth, in that same position if not solidifying the positions they had.
I guess if you are happy with the way things were then yes they worked.
No pain, no gain. Just remember the chaos you think we averted is chaos that you were told would happen, that you have been programmed would happen, and that your government 100% counted on you to believe it would happen so a bailout MUST be passed immediately. In fact, to take a page from Arrayas handbook, if the chaos would not have happened, maybe our govt would have…. created some chaos.
Never waste a good emergency.
February 26, 2010 at 12:20 AM #518897ParticipantHow do we know the bailouts worked?
How do we know that the financial system would have failed. Sure this is what we have been told but do you believe everything the govt tells you?
To me the bailouts have done nothing but preserved the system and resulted in keeping those who had power and wealth, in that same position if not solidifying the positions they had.
I guess if you are happy with the way things were then yes they worked.
No pain, no gain. Just remember the chaos you think we averted is chaos that you were told would happen, that you have been programmed would happen, and that your government 100% counted on you to believe it would happen so a bailout MUST be passed immediately. In fact, to take a page from Arrayas handbook, if the chaos would not have happened, maybe our govt would have…. created some chaos.
Never waste a good emergency.
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