Dave wrote:
On Wed, 11 Feb 2009 11:12:50 -0600, "KLC Lewis" said:

Maybe we should take a lesson and nationalize all the foreign interests in
hte USA....
Ya, now there's an idea. :-)

If Nancy and Harry get their way, foreign interests will be the least of the
batches of businesses to be taken over and run by the geniuses in guvmint.

Hasn't this already started with domestic interests? You know, AIG a
couple of banks, some motor car companies....?

Cheers
Martin

"Dave" wrote in message
...
On Wed, 11 Feb 2009 16:26:42 -0800, "Capt. JG"
said:

Dave" wrote in message
m...
On Wed, 11 Feb 2009 09:45:57 -0800, "Capt. JG"
said:

financial mess caused by Bushco

You just keep chanting that mantra, Jon. It'll make you feel better
when
the
rest of the folks catch on to what actually happened.


You just keep denying reality. Which "rest of folks"?

I have every confidence you'll be the last to catch on.


I would be after you on that...

That's implicit in your being the last, is it not?


I would defintely be the last to understand obstructionism such as yours.


--
"j" ganz @@
www.sailnow.com

Dave wrote:
On Wed, 11 Feb 2009 21:00:49 +0000, Gordon said:

I'd love to see a national push to "dump the incumbent" campaign.

Chuck Schumer and Barney Frank ought to be first in line to walk the plank.

What about the 10 years or so that the Republicans controlled both
houses? They controlled the Committees, the Bills, the agenda,,, not
Chuck and Barney....

Cheers
Martin

"Marty" wrote in message
...
Dave wrote:
On Wed, 11 Feb 2009 11:12:50 -0600, "KLC Lewis"
said:

Maybe we should take a lesson and nationalize all the foreign interests
in hte USA....
Ya, now there's an idea. :-)

If Nancy and Harry get their way, foreign interests will be the least of
the
batches of businesses to be taken over and run by the geniuses in
guvmint.

Hasn't this already started with domestic interests? You know, AIG a
couple of banks, some motor car companies....?

Cheers
Martin


Unfortunately (for Republicans) Obama has ruled out nationalizing the banks.

--
"j" ganz @@
www.sailnow.com

Capt. JG wrote:
"Marty" wrote in message
...
Dave wrote:
On Wed, 11 Feb 2009 11:12:50 -0600, "KLC Lewis"
said:

Maybe we should take a lesson and nationalize all the foreign interests
in hte USA....
Ya, now there's an idea. :-)
If Nancy and Harry get their way, foreign interests will be the least of
the
batches of businesses to be taken over and run by the geniuses in
guvmint.
Hasn't this already started with domestic interests? You know, AIG a
couple of banks, some motor car companies....?

Cheers
Martin


Unfortunately (for Republicans) Obama has ruled out nationalizing the banks.


You trade loans for shares, or any form of security, you own a piece. If
you are Government, then it looks like socialism. Walks like duck, .....

Cheers
Martin

"Marty" wrote in message
...
Dave wrote:
On Wed, 11 Feb 2009 11:12:50 -0600, "KLC Lewis"
said:

Maybe we should take a lesson and nationalize all the foreign interests
in hte USA....
Ya, now there's an idea. :-)

If Nancy and Harry get their way, foreign interests will be the least of
the
batches of businesses to be taken over and run by the geniuses in
guvmint.

Hasn't this already started with domestic interests? You know, AIG a
couple of banks, some motor car companies....?

Cheers
Martin

Only their debt was nationalized. Their profits are still in the hands in
our pockets.

Capt. JG wrote:


I think you believe that the relm of "freeing up credit" is reserved for
individual consumers, especially those who don't have money. This is not the
case. It's a much bigger problem for those who have decent credit and want
to buy a car, say from GM or from the RV company in the town Obama visited
recently, and it's even a bigger problem for small businesses who can't get
the credit they need to run their business.

Banks don't want to make loans... to anyone. This is a huge part of the
problem.

Odd...in my exoerienbce, if you have a decent credit rating there us noo
problem whatsoever finding someone to extend you credit at a decnet
rate...we have multitudinous junk mail offering us low interest loans
all the time and wanting us ti take out a mortgage on our house to
enable us to do whatever...and we are by no means well off...credit,
IMO, has been too easy to obtain...I cannot believe the amounts that are
allowed per income on mortgagges..the rule of thimb when we were young
and starting out was that yout mortgage payment should be no larger than
one weeks pay or 2X your total income minus exoenses...yet many out
there with 35K incomes have 200K mortgages..and it is no wonder they
can;t foot the bills and are living hand to mouth..we had to rent befoe
we coukd afford a house and we had to have an adequate downoayment and
the c losing costs to proceed..these things are oftentimes waived
nowadays...people want too much too fast and they are not willing to
wait...and that's greed...and greed always gets you in the end...

KLC Lewis wrote:
"Marty" wrote in message
...
Dave wrote:
On Wed, 11 Feb 2009 11:12:50 -0600, "KLC Lewis"
said:

Maybe we should take a lesson and nationalize all the foreign interests
in hte USA....
Ya, now there's an idea. :-)
If Nancy and Harry get their way, foreign interests will be the least of
the
batches of businesses to be taken over and run by the geniuses in
guvmint.
Hasn't this already started with domestic interests? You know, AIG a
couple of banks, some motor car companies....?

Cheers
Martin

Only their debt was nationalized. Their profits are still in the hands in
our pockets.


I don't think so, they are loans, with interest, which means you, the
taxpayer gets some of the profit. You now own, through your government
80% of AIG,,, the Government is now beginning to dictate to banks, loan
companies and vehicle manufactures terms of operation,,,, yup, they are
in effect nationalized.

Cheers
Martin

"katy" wrote in message
. com...
Capt. JG wrote:


I think you believe that the relm of "freeing up credit" is reserved for
individual consumers, especially those who don't have money. This is not
the case. It's a much bigger problem for those who have decent credit and
want to buy a car, say from GM or from the RV company in the town Obama
visited recently, and it's even a bigger problem for small businesses who
can't get the credit they need to run their business.

Banks don't want to make loans... to anyone. This is a huge part of the
problem.

Odd...in my exoerienbce, if you have a decent credit rating there us noo
problem whatsoever finding someone to extend you credit at a decnet
rate...we have multitudinous junk mail offering us low interest loans all
the time and wanting us ti take out a mortgage on our house to enable us
to do whatever...and we are by no means well off...credit, IMO, has been
too easy to obtain...I cannot believe the amounts that are allowed per
income on mortgagges..the rule of thimb when we were young and starting
out was that yout mortgage payment should be no larger than one weeks pay
or 2X your total income minus exoenses...yet many out there with 35K
incomes have 200K mortgages..and it is no wonder they can;t foot the bills
and are living hand to mouth..we had to rent befoe we coukd afford a house
and we had to have an adequate downoayment and the c losing costs to
proceed..these things are oftentimes waived nowadays...people want too
much too fast and they are not willing to wait...and that's greed...and
greed always gets you in the end...


I think that these days "decent" is the minimum, as it should be of course.
Part of the problem was greed on the part of the lenders. Sure, there are,
will, and will be regular folks who want more than they can afford, but
there are also those out there who take advantage of people less
sophisticated than you and I... predatory lenders. As many have said,
there's lots of blame to go around. And, I should add that as far as getting
credit goes, it's a much bigger problem for the small and not so small
businesses. That's gotta change or there'll be even more unemployment, which
in combination has a downward spiral effect.


--
"j" ganz @@
www.sailnow.com

"Marty" wrote in message
...
Capt. JG wrote:
"Marty" wrote in message
...
Dave wrote:
On Wed, 11 Feb 2009 11:12:50 -0600, "KLC Lewis"
said:

Maybe we should take a lesson and nationalize all the foreign
interests in hte USA....
Ya, now there's an idea. :-)
If Nancy and Harry get their way, foreign interests will be the least
of the
batches of businesses to be taken over and run by the geniuses in
guvmint.
Hasn't this already started with domestic interests? You know, AIG a
couple of banks, some motor car companies....?

Cheers
Martin


Unfortunately (for Republicans) Obama has ruled out nationalizing the
banks.


You trade loans for shares, or any form of security, you own a piece. If
you are Government, then it looks like socialism. Walks like duck, .....

Cheers
Martin


Some believe that we have always been a socialistic society. I don't
disagree with that. It's a matter of degree and the complications involved
in nationalizing the banking system in the US would be staggering. err..
quack...

--
"j" ganz @@
www.sailnow.com