- This topic has 45 replies, 8 voices, and was last updated 16 years, 5 months ago by
mercedes7.
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October 4, 2008 at 7:59 PM #281475October 4, 2008 at 8:03 PM #281158
NotCranky
ParticipantCool thread,
I know it is taboo to push a candidate on friends and loved ones but this year I might. I am pretty sure I can get a couple to vote for RP.Another thing I wish people would organize, in mass, is a boycott of all forms of popular media. Cancel all subscriptions, television ect.
October 4, 2008 at 8:03 PM #281434NotCranky
ParticipantCool thread,
I know it is taboo to push a candidate on friends and loved ones but this year I might. I am pretty sure I can get a couple to vote for RP.Another thing I wish people would organize, in mass, is a boycott of all forms of popular media. Cancel all subscriptions, television ect.
October 4, 2008 at 8:03 PM #281438NotCranky
ParticipantCool thread,
I know it is taboo to push a candidate on friends and loved ones but this year I might. I am pretty sure I can get a couple to vote for RP.Another thing I wish people would organize, in mass, is a boycott of all forms of popular media. Cancel all subscriptions, television ect.
October 4, 2008 at 8:03 PM #281491NotCranky
ParticipantCool thread,
I know it is taboo to push a candidate on friends and loved ones but this year I might. I am pretty sure I can get a couple to vote for RP.Another thing I wish people would organize, in mass, is a boycott of all forms of popular media. Cancel all subscriptions, television ect.
October 4, 2008 at 8:03 PM #281480NotCranky
ParticipantCool thread,
I know it is taboo to push a candidate on friends and loved ones but this year I might. I am pretty sure I can get a couple to vote for RP.Another thing I wish people would organize, in mass, is a boycott of all forms of popular media. Cancel all subscriptions, television ect.
October 4, 2008 at 8:33 PM #281458capeman
ParticipantWe sent Susan Davis a nice hate letter about how she should try listening to her constituents and not to her pocketbook. All she had to do was look at the poll given on her own website to see that it was nearly 20:1 against. I believe her days are numbered as a Representative.
October 4, 2008 at 8:33 PM #281512capeman
ParticipantWe sent Susan Davis a nice hate letter about how she should try listening to her constituents and not to her pocketbook. All she had to do was look at the poll given on her own website to see that it was nearly 20:1 against. I believe her days are numbered as a Representative.
October 4, 2008 at 8:33 PM #281500capeman
ParticipantWe sent Susan Davis a nice hate letter about how she should try listening to her constituents and not to her pocketbook. All she had to do was look at the poll given on her own website to see that it was nearly 20:1 against. I believe her days are numbered as a Representative.
October 4, 2008 at 8:33 PM #281454capeman
ParticipantWe sent Susan Davis a nice hate letter about how she should try listening to her constituents and not to her pocketbook. All she had to do was look at the poll given on her own website to see that it was nearly 20:1 against. I believe her days are numbered as a Representative.
October 4, 2008 at 8:33 PM #281178capeman
ParticipantWe sent Susan Davis a nice hate letter about how she should try listening to her constituents and not to her pocketbook. All she had to do was look at the poll given on her own website to see that it was nearly 20:1 against. I believe her days are numbered as a Representative.
October 4, 2008 at 8:38 PM #281468mercedes7
ParticipantDWCAP….
Good points…Problem is so many people blindly swallow what is fed them in the media. And unfortunately most people don’t bother to do a little searching for the real truth. I have and will continue to talk to my friends/co-workers.I know that there is economic danger out there especially with these damn investment banks that took on so much risk. The counterparty risk is real and that became evident when Lehman failed. However, this will not have an effect on the real problem and further it STINKS to high heaven. Giving Paulson (former CEO of Goldman Sachs) absolute control over $700 billion of tax payer money without any oversight is ludicrous. He is already recruiting his old friends to take part in the auction oversight process (wonder how much they are making for their “work”). Further, has anyone noticed that we are effectively creating a monopoly in the banking sector?
I can’t remember which senator said it, but he stated that he was voting “no” in part because he and others had received a letter from 400 economists, 3 of which were nobel laureates warning him that this was the wrong thing to do. Even Roubini states this is not the way to handle the situation. Why in God’s name are these idiots listening to Paulson over scores of highly educated economists. I’m not saying something shouldn’t be done, I am just saying that we needed to do this the best way, after careful consideration. In the end this will not effect home prices, nor should it. We absolutely need a correction in the housing market.
Lastly, I know that people have gotten hurt in the housing correction, however I have no sympathy for those that took out loans that they knew they could not repay, the speculative flippers, or those that cashed out with HELOCS to buy toys they otherwise could not afford. It is a painful lesson, but one which we, as a Nation, need to learn. The previous generations whose parents lived through the Great Depression understood the value of money and saving. We are now one of only a few nations that actually has a negative savings rate. Maybe we need a severe recession/depression to finally hit home the folly of our ways…
October 4, 2008 at 8:38 PM #281464mercedes7
ParticipantDWCAP….
Good points…Problem is so many people blindly swallow what is fed them in the media. And unfortunately most people don’t bother to do a little searching for the real truth. I have and will continue to talk to my friends/co-workers.I know that there is economic danger out there especially with these damn investment banks that took on so much risk. The counterparty risk is real and that became evident when Lehman failed. However, this will not have an effect on the real problem and further it STINKS to high heaven. Giving Paulson (former CEO of Goldman Sachs) absolute control over $700 billion of tax payer money without any oversight is ludicrous. He is already recruiting his old friends to take part in the auction oversight process (wonder how much they are making for their “work”). Further, has anyone noticed that we are effectively creating a monopoly in the banking sector?
I can’t remember which senator said it, but he stated that he was voting “no” in part because he and others had received a letter from 400 economists, 3 of which were nobel laureates warning him that this was the wrong thing to do. Even Roubini states this is not the way to handle the situation. Why in God’s name are these idiots listening to Paulson over scores of highly educated economists. I’m not saying something shouldn’t be done, I am just saying that we needed to do this the best way, after careful consideration. In the end this will not effect home prices, nor should it. We absolutely need a correction in the housing market.
Lastly, I know that people have gotten hurt in the housing correction, however I have no sympathy for those that took out loans that they knew they could not repay, the speculative flippers, or those that cashed out with HELOCS to buy toys they otherwise could not afford. It is a painful lesson, but one which we, as a Nation, need to learn. The previous generations whose parents lived through the Great Depression understood the value of money and saving. We are now one of only a few nations that actually has a negative savings rate. Maybe we need a severe recession/depression to finally hit home the folly of our ways…
October 4, 2008 at 8:38 PM #281188mercedes7
ParticipantDWCAP….
Good points…Problem is so many people blindly swallow what is fed them in the media. And unfortunately most people don’t bother to do a little searching for the real truth. I have and will continue to talk to my friends/co-workers.I know that there is economic danger out there especially with these damn investment banks that took on so much risk. The counterparty risk is real and that became evident when Lehman failed. However, this will not have an effect on the real problem and further it STINKS to high heaven. Giving Paulson (former CEO of Goldman Sachs) absolute control over $700 billion of tax payer money without any oversight is ludicrous. He is already recruiting his old friends to take part in the auction oversight process (wonder how much they are making for their “work”). Further, has anyone noticed that we are effectively creating a monopoly in the banking sector?
I can’t remember which senator said it, but he stated that he was voting “no” in part because he and others had received a letter from 400 economists, 3 of which were nobel laureates warning him that this was the wrong thing to do. Even Roubini states this is not the way to handle the situation. Why in God’s name are these idiots listening to Paulson over scores of highly educated economists. I’m not saying something shouldn’t be done, I am just saying that we needed to do this the best way, after careful consideration. In the end this will not effect home prices, nor should it. We absolutely need a correction in the housing market.
Lastly, I know that people have gotten hurt in the housing correction, however I have no sympathy for those that took out loans that they knew they could not repay, the speculative flippers, or those that cashed out with HELOCS to buy toys they otherwise could not afford. It is a painful lesson, but one which we, as a Nation, need to learn. The previous generations whose parents lived through the Great Depression understood the value of money and saving. We are now one of only a few nations that actually has a negative savings rate. Maybe we need a severe recession/depression to finally hit home the folly of our ways…
October 4, 2008 at 8:38 PM #281510mercedes7
ParticipantDWCAP….
Good points…Problem is so many people blindly swallow what is fed them in the media. And unfortunately most people don’t bother to do a little searching for the real truth. I have and will continue to talk to my friends/co-workers.I know that there is economic danger out there especially with these damn investment banks that took on so much risk. The counterparty risk is real and that became evident when Lehman failed. However, this will not have an effect on the real problem and further it STINKS to high heaven. Giving Paulson (former CEO of Goldman Sachs) absolute control over $700 billion of tax payer money without any oversight is ludicrous. He is already recruiting his old friends to take part in the auction oversight process (wonder how much they are making for their “work”). Further, has anyone noticed that we are effectively creating a monopoly in the banking sector?
I can’t remember which senator said it, but he stated that he was voting “no” in part because he and others had received a letter from 400 economists, 3 of which were nobel laureates warning him that this was the wrong thing to do. Even Roubini states this is not the way to handle the situation. Why in God’s name are these idiots listening to Paulson over scores of highly educated economists. I’m not saying something shouldn’t be done, I am just saying that we needed to do this the best way, after careful consideration. In the end this will not effect home prices, nor should it. We absolutely need a correction in the housing market.
Lastly, I know that people have gotten hurt in the housing correction, however I have no sympathy for those that took out loans that they knew they could not repay, the speculative flippers, or those that cashed out with HELOCS to buy toys they otherwise could not afford. It is a painful lesson, but one which we, as a Nation, need to learn. The previous generations whose parents lived through the Great Depression understood the value of money and saving. We are now one of only a few nations that actually has a negative savings rate. Maybe we need a severe recession/depression to finally hit home the folly of our ways…
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