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On Sun, 28 Mar 2010 17:21:12 -0600, Canuck57
wrote: On 28/03/2010 5:06 PM, jps wrote: On Sun, 28 Mar 2010 16:32:58 -0600, You mean the one designed, constructed and executed by GW Bush? Yep, the one where democrat congress/senate directed the US treasury to create TARP and bailout the banks. well, no. wall street has the economy gamed so we HAVE to bail them out. it's called 'moral hazard theory' and is standard economics you right wingers are just too stupid to know basic economics And when it came down to other uses, and Obama president elect had Bush take the heat for using it for GM & Chrysler until Obama got in office to use it. Yep, you got the one. And not one democrat said misappropriation of TARP for GM & Chrysler. And ever since, as history will write it, the Obama debt spend years. As this bailout-corruption is 100% supported by democriters. and your solution is? oh. a financial meltdown with 25% middle class unemployment just as long as the rich are protected |
#2
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posted to rec.boats
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On 28/03/2010 5:44 PM, bpuharic wrote:
On Sun, 28 Mar 2010 17:21:12 -0600, wrote: On 28/03/2010 5:06 PM, jps wrote: On Sun, 28 Mar 2010 16:32:58 -0600, You mean the one designed, constructed and executed by GW Bush? Yep, the one where democrat congress/senate directed the US treasury to create TARP and bailout the banks. well, no. wall street has the economy gamed so we HAVE to bail them out. it's called 'moral hazard theory' and is standard economics you right wingers are just too stupid to know basic economics And when it came down to other uses, and Obama president elect had Bush take the heat for using it for GM& Chrysler until Obama got in office to use it. Yep, you got the one. And not one democrat said misappropriation of TARP for GM& Chrysler. And ever since, as history will write it, the Obama debt spend years. As this bailout-corruption is 100% supported by democriters. and your solution is? oh. a financial meltdown with 25% middle class unemployment just as long as the rich are protected My recomendation is the same as it would be for gangrene. Chop the dead parts off so the host survives and hopefully recovers. But by allowing it to grow and consume more of the hosts resources, death would otherwise occur. This is a similar situation. Far too many resources going to the symptoms and not enough to the cause. A death spiral. One way or another this insane debt-spend-debt-spend cycle will end and not a damned thing the mesiah Obama is going to do about it. You might want to think about the next recession, I thinks we are into a back to back recession. Numbers for new forclosures are up big time already this year. And if interest rates don't go up you might find the greenback becomes toilet paper. Tough times ahead for debtors. -- -------------- Politicians don't provide anything, the tax payers do. |
#3
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posted to rec.boats
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On Sun, 28 Mar 2010 18:28:27 -0600, Canuck57
wrote: On 28/03/2010 5:44 PM, bpuharic wrote: On Sun, 28 Mar 2010 17:21:12 -0600, wrote: and your solution is? oh. a financial meltdown with 25% middle class unemployment just as long as the rich are protected My recomendation is the same as it would be for gangrene. Chop the dead parts off so the host survives and hopefully recovers. But by allowing it to grow and consume more of the hosts resources, death would otherwise occur. no one knows what this means. babbling..generalities...vagueness as a solution BUT hate the people who DO take action One way or another this insane debt-spend-debt-spend cycle will end and not a damned thing the mesiah Obama is going to do about it. maybe you're right. because, again, YOU HAVE NO SOLUTION. NONE. not a SINGLE word you said here is a solution. it's just hatred of the black president. and this is what the right wing is. all talk. all bull****. all hatred. no solutions at all except to hate those who have to take action You might want to think about the next recession, I thinks we are into a back to back recession. Numbers for new forclosures are up big time already this year. And if interest rates don't go up you might find the greenback becomes toilet paper. Tough times ahead for debtors. and i'm sure your ample supply of bull**** will be up to the challenge |
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