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Tea Party Anyone? Speak now while you still can.


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A place to talk about general business discussions.
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  #11  
Old 04-16-2009, 01:53 AM
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I by no means am excited about the direction Obama and the liberals are trying to take this country. Being a fiscal conservative all this stimulus b.s. and pork barrel spending kills me. But I got to say Bush spent money like a drunken sailor. Start with 1 trillion deficit with the stupid Iraq war. I can go on and on but I don't want to bore everyone to death. The bottom line is our 2 party system is a fraud. We need a 3rd party with balls that supports the real working people who pay the taxes in this country. Enough of the Republicans and corporate welfare and the Dems with socialized b.s. Years ago people thought I was a radical because I supported Pat Buchcannon for president. So tell me what's wrong with closing our damn borders and keeping english as our language. What's wrong with enforcing fair free trade. What's wrong with being a manufacturing giant like we used to be instead of being the worlds largest importer and making communist China and Radical Islamist Saudia Arabia superpowers. I am sick and tired of the bullsht from the Democrats & Republicans. That's why I voted for change: RON PAUL Man I hate politics!
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Old 04-16-2009, 02:11 AM
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I am happy to see so many thoughts going on here.

I had talked to a couple of people tonight who attended their local tea part and we got into a discussion on whether the banks or the auto industry should have gotten bailed out.

Do you feel it will be in our nation's interest in the long run that we did that? I know my immediate reaction was, if they can stand on their own feet, let them collapse and be absorbed by other healthier companies, but what is your view?

Was it a good fiscal idea or no?
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Old 04-16-2009, 02:48 AM
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Default Bailouts

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I am happy to see so many thoughts going on here.

I had talked to a couple of people tonight who attended their local tea part and we got into a discussion on whether the banks or the auto industry should have gotten bailed out.

Do you feel it will be in our nation's interest in the long run that we did that? I know my immediate reaction was, if they can stand on their own feet, let them collapse and be absorbed by other healthier companies, but what is your view?

Was it a good fiscal idea or no?
I spent the day at our local tea party. The talk there was about runaway spending and the bailouts. One man pointed out that just the money for GM's bailout would have equaled $500,000.00 for every employee at GM with money left over to cover the pensions and med expenses for the retirees.

I could live very well at that severance pay! With an interest bearing account earning only 3% I could take $1,000.00 a week for the rest of my life.

I heard on the news that there were more tha 7 million attendees nationwide. From my conversations, I think 7 million votes will not go far anyone who voted for the bailouts or the stimulus pachage. I know I won't.

I think there will be major changes in 2010 and 2012. The people are fed up! As Ed Kotch (former NYC Mayor) said at his re-election defeat, "You elected him, now you will have to be punished for it".

The #2 topic was about the Fair Tax. The mantra was "Would you rather pay 35% tax on your income, or 22% tax on your spending"?

Steve
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Old 04-16-2009, 06:39 AM
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I by no means am excited about the direction Obama and the liberals are trying to take this country. Being a fiscal conservative all this stimulus b.s. and pork barrel spending kills me. But I got to say Bush spent money like a drunken sailor.

I agree, The Bush administration sucked too. I hated it. The difference is... Bush didn't seem to care about the country, only himself. Obama seems to want to deliberately & completely destroy this country and rebuild a weak s o c i a l i s t version of it (why the hell is that word censored on the forum? Strange.). It's like the difference bettween working for a boss who either doesn't care about his employees at all & only about the money he makes, or working for a boss who is beating you down making it as hard as possible at every turn to try break your spirit & get you to quit.

Steve,
I think the bail outs were & are BS. Surival of the fittest. If they can't offer a viable service/product at a fair price & keep overhead low enough to make a profit then they are bound to go down in flames with or without or trillions of dollars. The free market decides who suceeds & who fails. Let em' burn out without our kids money in their pockets.
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Old 04-16-2009, 09:17 AM
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I agree, The Bush administration sucked too. I hated it. The difference is... Bush didn't seem to care about the country, only himself. Obama seems to want to deliberately & completely destroy this country and rebuild a weak s o c i a l i s t version of it (why the hell is that word censored on the forum? Strange.). It's like the difference bettween working for a boss who either doesn't care about his employees at all & only about the money he makes, or working for a boss who is beating you down making it as hard as possible at every turn to try break your spirit & get you to quit.

Steve,
I think the bail outs were & are BS. Surival of the fittest. If they can't offer a viable service/product at a fair price & keep overhead low enough to make a profit then they are bound to go down in flames with or without or trillions of dollars. The free market decides who suceeds & who fails. Let em' burn out without our kids money in their pockets.
I agree also that the bail outs are b.s. Where do you draw the line on who gets or doesn't get bailed out. There are plenty of banks out there who managed their businesses properly and did not get greedy and involved in all this sub prime b.s. These same company's we are bailing out made out like bandits before they got exposed. For years I built tooling for the big 3 at smaller job shops. All we kept hearing out of these company's was you have to build the tooling cheaper or you have to re-quote the job. Kind of like low balling in lawn care. During the 1980's-90's GM & Ford built huge plants down in MEXICO and we lost thousands of jobs to peasant labor. The prices of vehicles kept going up yet their cost to do business (wages and regulations)
was going down. What did they do with the billions in profits other than spoil all the guys at the top. Corporate welfare. Buy American they say well how about BUILD AMERICAN you morons who do you think buys your products the Mexicans your ripping off at $1.00/hr. Bail out yourselves. Same to all the banks.
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Old 04-16-2009, 02:05 PM
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Steve,
I think the bail outs were & are BS. Surival of the fittest. If they can't offer a viable service/product at a fair price & keep overhead low enough to make a profit then they are bound to go down in flames with or without or trillions of dollars. The free market decides who suceeds & who fails. Let em' burn out without our kids money in their pockets.
I agree with you. I feel like I am a capitalist at heart but when I heard some of the view on why AIG needed to be saved in order so all the customers didn't find that they were no longer insured, I can only imagine that would have been very devastating to many.

I do hope our government gets it's money back from the sale of it as it is parted out.

The bigger question I have is, if it was too big to fail, why was it allowed to exist? The anti trust forces were all over Microsoft when they bundled a browser in their operating system but really so what? In this case we have these super companies like AIG who are build on sand and when they collapse they take the economy down? Why wasnt that company broken up a while ago?
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