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#51
posted to rec.boats
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Some interesting parallels
"Eisboch" wrote in message ... "thunder" wrote in message t... On Sun, 18 Jan 2009 10:54:24 -0500, BAR wrote: This highway work should have been occurring for the last 40 years due to it being funded by federal gasoline and diesel taxes. Yup, there's been lots of infrastructure neglected. Hopefully, this stimulus package will kill two birds, get the economy moving again, and fix our crumbling bridges, and roads. Hopefully it will be structured and managed differently than the WPA projects that Roosevelt initiated. I was reading recently that problems with them included waste, inefficiency, cost overruns and late schedules. Because it was a federally backed program designed to hire unemployed workers, the jobsite foremen had no authority to discipline or fire slackers. That's bad news because when some can sit on their asses and still get paid, it affects the rest. Eisboch Yep, seems quite acceptable these days to steal a little bit from a lot of people, and it is OK. A slacker does this, no one person immediately suffers, just that a lot of people eat a little cost to carry the larder. Trouble is when too many slackers/larders get on the wagon the weight on the real worker then becomes too much. Sort of like today. Poor middle class worker has no cash and the economy faulters. Bailouts for all the losers and screw the worker. Totally ass backwards. Instead of spending $1T on bailouts, cut the middle class workers taxes and let the blow hard incompetantants see their local church for handouts. Does wonders to get the leaches to see more value in working and less in slacking. We have lost our moral ways on this for sure. Too much generosity to the wrong types fosters more abuse of the system. .....wonder where my bailout is dammit.... LOL. |
#52
posted to rec.boats
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Some interesting parallels
Wizard of Woodstock wrote:
On Sun, 18 Jan 2009 15:33:45 -0500, hk wrote: Wizard of Woodstock wrote: On Sun, 18 Jan 2009 10:39:12 -0600, thunder wrote: This time around, I believe most of the moneys will be to private sector employers. When FDR started the WPA, he was on new ground. Obama has the advantage of 70 years of hindsight. Hopefully, it will work out. Beware - remember The Big Dig. :) Indeed, work at the Big Dig was performed by private-sector contractors, under the supervision of Bechtel Corporation and Parsons Brinckerhoff. Other large corporate managers and contractors included Jay Cashman, Modern Continental, Obayashi Corporation, Perini Corporation, Peter Kiewit Sons' Incorporated, J.F. White, and the Slattery division of Skanska USA. All under the Supervision of the Massachuetts Executive Office of Transportation and Public Works, Massachusetts Highway Department, Massachuetta Turnpike Authority, Boston Redevelopment Authority, Boston Inspectional Services, Massachuetts Bay Transportation Authority, Public Works and the Federal Department of Transportation. Great job. So, the corporations ripped off the taxpayers, and the governmental overseers were not good enough to prevent it. I agree. |
#53
posted to rec.boats
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Some interesting parallels
On Jan 18, 3:50*pm, "Canuck57" wrote:
"BAR" wrote in message ... HK wrote: BAR wrote: hk wrote: http://s21.photobucket.com/albums/b2...action=view&cu... Parallels? What parallels. Perhaps if you had stayed in school a little longer... I went to Yale and graduate with a BA. Did no one ever tell you about BA... Bugger All. MBA, More Bugger All. Most BA and MBA I know, I don't care for and they can't even articulate what they have been tought. *Some even mix up credit/debits and can't balance their own cheque book. I am not saying BA/MBA are bad, not at all. *But I consider it a "soft" degree. Kind of like the BS and the PHD.... Bull****. Piled Higher and Deeper.. |
#54
posted to rec.boats
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Some interesting parallels
"Eisboch" wrote in message ... "thunder" wrote in message t... On Sun, 18 Jan 2009 11:30:33 -0500, BAR wrote: We need a long term solution, something that is going to give everyone long term confidence that the economy is going to improve. Eliminate corporate taxes, reduce capital gains taxes and cut personal income taxes in half but, make sure that everyone who earns income pays taxes. No individual gets a free ride on taxes. This will get the economy moving again. The people will have confidence that they will have more money to spend themselves. Businesses will have more money to spend on capital equipment and the ability to hire more people. Investors will be encouraged to move their money into ventures that may produce greater returns. Sell that tired Republican BS to someone else. If you haven't noticed, we have been doing what you suggest for the past 20 years, and look where it's gotten us. A growing, expanding and healthy business base and Wall Street swindling are two different issues. The latter was in some cases initiated by government intervention and in all cases by the lack of government oversight of what they initiated. If we intend to keep capitalism as our economic engine, BAR is absolutely correct and many honest (meaning non-politically motivated) economic experts agree. Growing and investing businesses have always been the catalyst for an expanding economy, employment and consumer confidence/spending. Throw a wet towel on business in the form of taxes and the economy slows down. Happens everytime. Now, if you are suggesting we replace our business based economic engine with something else, then all bets are off. Eisboch There is nothing else that works as good for so many as a fair capitalism economic engine. Or at least not that I am aware of. Oh, there are Hugo and Castro economics... there are failed USSR (old as in Russia), maybe even Chinese wages anyone? How about a Vietnam or Korea life style? I will stick with old fashioned capitalism minus the corruption. As it is the corruption, not the capitalism that is the problem. Ferit out the corruption such as packaging GM for bailout, or bankers bailouts by stripping the perpetrators of any wealth gained by these corrupt activities and problem solved. But bailouts, just corruption gone nuts like Hugo bribing for power.... The corruption and immoral is what is costing. Heck, some people think Obama is going to "take care of my car payments".... OMG. Far too many are not paying their debts is the corruption there. Now 1/2 the nation wants a bailout. |
#56
posted to rec.boats
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Some interesting parallels
On Jan 18, 3:57*pm, "Canuck57" wrote:
"Eisboch" wrote in message ... "thunder" wrote in message et... On Sun, 18 Jan 2009 10:54:24 -0500, BAR wrote: This highway work should have been occurring for the last 40 years due to it being funded by federal gasoline and diesel taxes. Yup, there's been lots of infrastructure neglected. *Hopefully, this stimulus package will kill two birds, get the economy moving again, and fix our crumbling bridges, and roads. Hopefully it will be structured and managed differently than the WPA projects that Roosevelt *initiated. I was reading recently that problems with them included waste, inefficiency, cost overruns and late schedules. Because it was a federally backed program designed to hire unemployed workers, the jobsite foremen had no authority to discipline or fire slackers. That's bad news because when some can sit on their asses and still get paid, it affects the rest. Eisboch Yep, seems quite acceptable these days to steal a little bit from a lot of people, and it is OK. *A slacker does this, no one person immediately suffers, just that a lot of people eat a little cost to carry the larder. Trouble is when too many slackers/larders get on the wagon the weight on the real worker then becomes too much. Sort of like today. *Poor middle class worker has no cash and the economy faulters. *Bailouts for all the losers and screw the worker. *Totally ass backwards. *Instead of spending $1T on bailouts, cut the middle class workers taxes and let the blow hard incompetantants see their local church for handouts. *Does wonders to get the leaches to see more value in working and less in slacking. We have lost our moral ways on this for sure. *Too much generosity to the wrong types fosters more abuse of the system. ....wonder where my bailout is dammit.... LOL.- Hide quoted text - - Show quoted text - Like was said a million times.. They should have bailed out the companies by giving the money to the people and having the companies earn it instead of funding month long vacations directly. If they had given money to the folks to buy cars, the car companies would have sold cars, cleared the lots, gotten the money, and had work to do to make new ones.. All of the companies, banks, wall street, car companies just used the money to buy new business and take elaborate vacations... |
#57
posted to rec.boats
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Some interesting parallels
hk wrote:
wrote: On Jan 18, 3:50 pm, "Canuck57" wrote: "BAR" wrote in message ... HK wrote: BAR wrote: hk wrote: http://s21.photobucket.com/albums/b2...action=view&cu... Parallels? What parallels. Perhaps if you had stayed in school a little longer... I went to Yale and graduate with a BA. Did no one ever tell you about BA... Bugger All. MBA, More Bugger All. Most BA and MBA I know, I don't care for and they can't even articulate what they have been tought. Some even mix up credit/debits and can't balance their own cheque book. I am not saying BA/MBA are bad, not at all. But I consider it a "soft" degree. Kind of like the BS and the PHD.... Bull****. Piled Higher and Deeper.. Your comments are typical of those who neither did well nor go far in formal education. or even got far. |
#58
posted to rec.boats
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Some interesting parallels
"hk" wrote in message ... Your comments are typical of those who neither did well nor go far in formal education. Education is a must. Degrees are very desirable. Degrees aren't a problem. People who judge their value or the value of others simply by the type or number of degrees he/she holds is the problem. Eisboch |
#59
posted to rec.boats
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Some interesting parallels
"Eisboch" wrote in message ... "hk" wrote in message m... BAR wrote: Eliminate corporate taxes, reduce capital gains taxes and cut personal income taxes in half but, The same old right wing drip down bull**** that doesn't work...yet again. Your wrong. It's worked for well over 200 years and very well. This country did not become the world's leading economy because government ran the show doling out stimulus checks and bailouts. People like you love to take advantage of the non-perfect nature of capitalism and to make hay during a slowdown. When the economy is booming (and you benefit along with everyone else) there's rarely a peep from your side. Capitalism, based on private and public business, has it's flaws and it's ups and downs that directly and historically relate to the state of the overall economy. Fortunately, the economic strength this country maintains will likely get us through this recession. And the next one. And the one after that. The reason we can recover is because of the basic principals of capitalism rather than socialism. Eisboch This one is different. Or even if the same, much more severe than anything I have seen and I was around in 1982. This one is likely the worst recession/depression I will ever live to see, economically at the 40,000 ft view as well as from a personal view. It differs too in how interest rates are too low, and the market is being closed out to correct it. Interest rates should be 12-15% right now, to discourage debt but allow for liquidity where the rates and economics allow it. This indicates the currency is in big trouble, Second, how governments are litterly tossing trillions of dollars at bailouts, which will come back in a toxic mix of of paracitical taxation and inflation at some point. If it doesn't it will because the economy so craters that defaltion wins for awhile. The rate at which job loses are occuring far exceed 1982. As are the loses on the markets. Even the depression in housing prices is unprecidented in many areas. In any case, this is real doozy. The economic policies I fear are going to outright fail at some point and a second round of debt/credit/fiscal devaluation is right around the corner. |
#60
posted to rec.boats
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Some interesting parallels
"BAR" wrote in message ... hk wrote: BAR wrote: thunder wrote: On Sun, 18 Jan 2009 10:54:24 -0500, BAR wrote: This highway work should have been occurring for the last 40 years due to it being funded by federal gasoline and diesel taxes. Yup, there's been lots of infrastructure neglected. Hopefully, this stimulus package will kill two birds, get the economy moving again, and fix our crumbling bridges, and roads. This stimulus package is nothing but a power grab. The Congress should be strung up and beaten with a stick until the funds from the gasoline and diesel taxes are actually spent on the roads instead of redirected into the general fund. The stimulus package is not going to get the economy moving again. You could send everyone a check for $1000 and it wouldn't do anything to get the economy moving again. Eliminate corporate taxes, reduce capital gains taxes and cut personal income taxes in half but, The same old right wing drip down bull**** that doesn't work...yet again. How many poor people have hired you? The only way poor people should get more money is to work for it. If they can get a job. |
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