are you for or against the recent government financial bailouts?

[LegendKiller]

Originally posted by: BlahBlahYouToo

Originally posted by: LegendKiller

Originally posted by: FeuerFrei
CNN had a website poll on this yesterday. 70% of respondents were against the bailout, me included.

I hope they fall on their faces and don't approve jack.

I wonder if 70% are for 25% unemployment and a depression. They should make that one of the poll questions.

what i find shocking is nearly 60% here, in what i consider a more educated and knowledgeable demographic, are ignorant enough to vote against.
what's even more shocking is that only 20% are for.
maybe I give AT too much credit. too many teens here that have no understanding of the severity of this.

do you guys just not understand that not doing so will almost certainly put us into another depression era?
seems like you guys are just out to get the CEO's without worry about your own backs.
so you take away his 8 figure bonus. when the economy is in the shitter, he'll still be in his penthouse on park ave. while you'll be worry about the next meal on your table.

People can't see that it's not the CEOs they are bailing out, they are bailing out their own asses.

This is what we get for not educating our kids in how companies actually run and why the economy needs banks. It's also what we get for spoiling our kids and not teaching them the value of in-depth thought.

Stupid people are everywhere. None are more stupid than those who would cut off their own nose to spite their face.

 

[vi edit]

Originally posted by: BlahBlahYouToo

Originally posted by: LegendKiller

Originally posted by: FeuerFrei
CNN had a website poll on this yesterday. 70% of respondents were against the bailout, me included.

I hope they fall on their faces and don't approve jack.

I wonder if 70% are for 25% unemployment and a depression. They should make that one of the poll questions.

what i find shocking is nearly 60% here, in what i consider a more educated and knowledgeable demographic, are ignorant enough to vote against.
what's even more shocking is that only 20% are for.
maybe I give AT too much credit. too many teens here that have no understanding of the severity of this.

do you guys just not understand that not doing so will almost certainly put us into another depression era?
seems like you guys are just out to get the CEO's without worry about your own backs.
so you take away his 8 figure bonus. when the economy is in the shitter, he'll still be in his penthouse on park ave. while you'll be worry about the next meal on your table.

What if we voted "against" because we hate it in principal and for the reasons it was required, but know that it's necessary to prevent even worse problems?

I'm "against" abortion, but I think it should be legal.

That's different than being undecided.

 

[BlahBlahYouToo]

Originally posted by: PrinceofWands
Against. I'm opposed to corporations period, and especially opposed to the government using tax dollars to support them when they failed entirely due to their own greed and stupidity. The government doesn't bail out an individual when they screw up, and individuals actually matter (unlike corporations).

this is much, much deeper than just corporations. credit markets will be frozen. NO ONE will be able to borrow any money - corporations, small business, INDIVIDUALS!

sigh... clearly many are not aware of all the consequences.

 

[rise]

Originally posted by: waggy
the main thing that bothers me with this bill is that its beign rushed. Seems like EVERYTHING that the govermetn does while rushing seems to be wrong.

yeah, that's why i voted "not sure". i know we need to bail them out, but give us some details and a return on our 700 billion.

 

[BlahBlahYouToo]

Originally posted by: vi edit

Originally posted by: BlahBlahYouToo

Originally posted by: LegendKiller

Originally posted by: FeuerFrei
CNN had a website poll on this yesterday. 70% of respondents were against the bailout, me included.

I hope they fall on their faces and don't approve jack.

I wonder if 70% are for 25% unemployment and a depression. They should make that one of the poll questions.

what i find shocking is nearly 60% here, in what i consider a more educated and knowledgeable demographic, are ignorant enough to vote against.
what's even more shocking is that only 20% are for.
maybe I give AT too much credit. too many teens here that have no understanding of the severity of this.

do you guys just not understand that not doing so will almost certainly put us into another depression era?
seems like you guys are just out to get the CEO's without worry about your own backs.
so you take away his 8 figure bonus. when the economy is in the shitter, he'll still be in his penthouse on park ave. while you'll be worry about the next meal on your table.

What if we voted "against" because we hate it in principal and for the reasons it was required, but know that it's necessary to prevent even worse problems?

I'm "against" abortion, but I think it should be legal.

That's different than being undecided.

treat the poll as if you were on the deciding committee that had the ability to accept or deny this being passed.

i'm sure most are against it in principal, but i'm not sure if we have a better alternative at this point.

 

[Aharami]

I'd be for it if the top level execs at all these companies were required to fund a certain % of the bailout monies from their own accounts. And doing away with executive bonues and 7 figure salaries for any company accepting govt funds.

 

[PrinceofWands]

Originally posted by: BlahBlahYouToo

Originally posted by: PrinceofWands
Against. I'm opposed to corporations period, and especially opposed to the government using tax dollars to support them when they failed entirely due to their own greed and stupidity. The government doesn't bail out an individual when they screw up, and individuals actually matter (unlike corporations).

this is much, much deeper than just corporations. credit markets will be frozen. NO ONE will be able to borrow any money - corporations, small business, INDIVIDUALS!

sigh... clearly many are not aware of all the consequences.

Good. People should almost never spend money they don't have in their hands. Nothing else should ever be able to borrow money (with the possible exception of governments in EXTREME emergencies, and I'm not entirely convinced of it even then).

 

[LegendKiller]

Originally posted by: PrinceofWands

Originally posted by: BlahBlahYouToo

Originally posted by: PrinceofWands
Against. I'm opposed to corporations period, and especially opposed to the government using tax dollars to support them when they failed entirely due to their own greed and stupidity. The government doesn't bail out an individual when they screw up, and individuals actually matter (unlike corporations).

this is much, much deeper than just corporations. credit markets will be frozen. NO ONE will be able to borrow any money - corporations, small business, INDIVIDUALS!

sigh... clearly many are not aware of all the consequences.

Good. People should almost never spend money they don't have in their hands. Nothing else should ever be able to borrow money (with the possible exception of governments in EXTREME emergencies, and I'm not entirely convinced of it even then).

You're kidding me, right?

 

[Eli]

After reading some things recently, I'm for them, but I don't think we're going about it the right way.

We should take a lesson from Sweden.

Text

 

[sdifox]

Originally posted by: BlahBlahYouToo

Originally posted by: LegendKiller

Originally posted by: FeuerFrei
CNN had a website poll on this yesterday. 70% of respondents were against the bailout, me included.

I hope they fall on their faces and don't approve jack.

I wonder if 70% are for 25% unemployment and a depression. They should make that one of the poll questions.

what i find shocking is nearly 60% here, in what i consider a more educated and knowledgeable demographic, are ignorant enough to vote against.
what's even more shocking is that only 20% are for.
maybe I give AT too much credit. too many teens here that have no understanding of the severity of this.

do you guys just not understand that not doing so will almost certainly put us into another depression era?
seems like you guys are just out to get the CEO's without worry about your own backs.
so you take away his 8 figure bonus. when the economy is in the shitter, he'll still be in his penthouse on park ave. while you'll be worry about the next meal on your table.

Dude, the poll is flawed. I am sure plenty of people are voting against because they are against the current methodology. I know it is necessary, I just don't like the way it is being done.

 

[sdifox]

Originally posted by: waggy
the main thing that bothers me with this bill is that its beign rushed. Seems like EVERYTHING that the govermetn does while rushing seems to be wrong.

Most important tool in democracy is in fact the ability to slow things down and think about it a bit. I don't like any government making knee jerk policies.

 

[BlahBlahYouToo]

Originally posted by: PrinceofWands

Originally posted by: BlahBlahYouToo

Originally posted by: PrinceofWands
Against. I'm opposed to corporations period, and especially opposed to the government using tax dollars to support them when they failed entirely due to their own greed and stupidity. The government doesn't bail out an individual when they screw up, and individuals actually matter (unlike corporations).

this is much, much deeper than just corporations. credit markets will be frozen. NO ONE will be able to borrow any money - corporations, small business, INDIVIDUALS!

sigh... clearly many are not aware of all the consequences.

Good. People should almost never spend money they don't have in their hands. Nothing else should ever be able to borrow money (with the possible exception of governments in EXTREME emergencies, and I'm not entirely convinced of it even then).

i take it you don't aspire to ever own a home, or maybe even a car.
and perhaps you don't like getting paid every 2 weeks as well.

 

[Gibson486]

Originally posted by: PrinceofWands

Originally posted by: BlahBlahYouToo

Originally posted by: PrinceofWands
Against. I'm opposed to corporations period, and especially opposed to the government using tax dollars to support them when they failed entirely due to their own greed and stupidity. The government doesn't bail out an individual when they screw up, and individuals actually matter (unlike corporations).

this is much, much deeper than just corporations. credit markets will be frozen. NO ONE will be able to borrow any money - corporations, small business, INDIVIDUALS!

sigh... clearly many are not aware of all the consequences.

Good. People should almost never spend money they don't have in their hands. Nothing else should ever be able to borrow money (with the possible exception of governments in EXTREME emergencies, and I'm not entirely convinced of it even then).

yes, because we all know everyone is like you and can pay off a 250K house in 1 month.

 

[Modelworks]

I will not be comfortable with it till they remove the part

Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

I have a real problem with the government being able to spend money with no one but the person writing the check being able to tell where it is going.

 

[IEC]

Execute all the perpetrators of this fiasco as examples to the rest of society.

Err wait, I'm not in China.

Against.

 

[T9D]

Against

Horrible proposal. Some more subtle and smaller actions should be taken. This has corruption written all over it.

 

[rise]

warren buffet likes it

 

[waggy]

Originally posted by: BlahBlahYouToo

Originally posted by: PrinceofWands

Originally posted by: BlahBlahYouToo

Originally posted by: PrinceofWands
Against. I'm opposed to corporations period, and especially opposed to the government using tax dollars to support them when they failed entirely due to their own greed and stupidity. The government doesn't bail out an individual when they screw up, and individuals actually matter (unlike corporations).

this is much, much deeper than just corporations. credit markets will be frozen. NO ONE will be able to borrow any money - corporations, small business, INDIVIDUALS!

sigh... clearly many are not aware of all the consequences.

Good. People should almost never spend money they don't have in their hands. Nothing else should ever be able to borrow money (with the possible exception of governments in EXTREME emergencies, and I'm not entirely convinced of it even then).

i take it you don't aspire to ever own a home, or maybe even a car.
and perhaps you don't like getting paid every 2 weeks as well.

I try not to get loans on cars. last one i got was because my wife wrecked my car and i needed a vehicle. so we got a loan and paid it off in a year. we put the $250 a month in savings so when i go to buy a car i have enough to buy it out right.

i know a few people that have cars without having a loan. one guy even gets new cars every 3 years and never gets a loan and he only makes $89k

it just takes a little effort and self discipline to not spend the money.

 

[sdifox]

Originally posted by: rise
warren buffet likes it

read closer. he is for bailout, but he has confidence in the congress, not Paulson.

And btw, he owns a big chunk of AIG.

 

[xochi]

Not enough punitive measures in place to make it palatable to the American public. A $700 Billion fuck up and nobody indicted, jailed, horsewhipped, executed? a few highly publized firings, with some FBI inquiries would be a welcome start. We shoud all be outraged, but seem to be treating this as 3rd grader failing a spelling test.

'Little johhny try to do better next time, OK, oh and dont forget your $700 billion dollar lunch money, (kissy on cheek) and please try to behave in those credit markets!

 

[rise]

Originally posted by: sdifox

Originally posted by: rise
warren buffet likes it

read closer. he is for bailout, but he has confidence in the congress, not Paulson.

And btw, he owns a big chunk of AIG.

yeah, i know, i read it. just thought it was an interesting comment.

 

[PrinceofWands]

Originally posted by: LegendKiller

Originally posted by: PrinceofWands

Originally posted by: BlahBlahYouToo

Originally posted by: PrinceofWands
Against. I'm opposed to corporations period, and especially opposed to the government using tax dollars to support them when they failed entirely due to their own greed and stupidity. The government doesn't bail out an individual when they screw up, and individuals actually matter (unlike corporations).

this is much, much deeper than just corporations. credit markets will be frozen. NO ONE will be able to borrow any money - corporations, small business, INDIVIDUALS!

sigh... clearly many are not aware of all the consequences.

Good. People should almost never spend money they don't have in their hands. Nothing else should ever be able to borrow money (with the possible exception of governments in EXTREME emergencies, and I'm not entirely convinced of it even then).

You're kidding me, right?

Nope.

I don't believe in credit, except in extreme circumstances. Cash only. Only possible acceptable use of a credit card is to make purchases online that you then immediately remit payment for. Now obviously you need it for houses, but that's a whole nother issue (speculative pricing, etc).

I'm for a 10% usury cap across the board. I'm against corporations across the board. I'm against investment markets across the board. Anything encouraging greed, or getting money without providing a good or service is abhorrent and will cause strife to society.

 

[PrinceofWands]

Originally posted by: BlahBlahYouToo

Originally posted by: PrinceofWands

Originally posted by: BlahBlahYouToo

Originally posted by: PrinceofWands
Against. I'm opposed to corporations period, and especially opposed to the government using tax dollars to support them when they failed entirely due to their own greed and stupidity. The government doesn't bail out an individual when they screw up, and individuals actually matter (unlike corporations).

this is much, much deeper than just corporations. credit markets will be frozen. NO ONE will be able to borrow any money - corporations, small business, INDIVIDUALS!

sigh... clearly many are not aware of all the consequences.

Good. People should almost never spend money they don't have in their hands. Nothing else should ever be able to borrow money (with the possible exception of governments in EXTREME emergencies, and I'm not entirely convinced of it even then).

i take it you don't aspire to ever own a home, or maybe even a car.
and perhaps you don't like getting paid every 2 weeks as well.

I would prefer to be paid daily, for the work I did.

I already own a home and two cars. The home was inherited, so I can't claim much there. The cars I paid cash for...well, one I paid cash for, the other I had to float a couple grand on the loan for about 60 days.

I already said I make an exception for first home mortgages, as almost no one would ever be able to pay cash the first time. Cars are trickier, but very few people should need to do it on loan.

 

[mugs]

Originally posted by: PrinceofWands

Originally posted by: LegendKiller

Originally posted by: PrinceofWands

Originally posted by: BlahBlahYouToo

Originally posted by: PrinceofWands
Against. I'm opposed to corporations period, and especially opposed to the government using tax dollars to support them when they failed entirely due to their own greed and stupidity. The government doesn't bail out an individual when they screw up, and individuals actually matter (unlike corporations).

this is much, much deeper than just corporations. credit markets will be frozen. NO ONE will be able to borrow any money - corporations, small business, INDIVIDUALS!

sigh... clearly many are not aware of all the consequences.

Good. People should almost never spend money they don't have in their hands. Nothing else should ever be able to borrow money (with the possible exception of governments in EXTREME emergencies, and I'm not entirely convinced of it even then).

You're kidding me, right?

Nope.

I don't believe in credit, except in extreme circumstances. Cash only. Only possible acceptable use of a credit card is to make purchases online that you then immediately remit payment for. Now obviously you need it for houses, but that's a whole nother issue (speculative pricing, etc).

I'm for a 10% usury cap across the board. I'm against corporations across the board. I'm against investment markets across the board. Anything encouraging greed, or getting money without providing a good or service is abhorrent and will cause strife to society.

Does anyone else think PrinceofWands could be the next Unabomber? Or maybe he was the anthrax mailer. :Q

 

[BlahBlahYouToo]

Originally posted by: xochi

Not enough punitive measures in place to make it palatable to the American public. A $700 Billion fuck up and nobody indicted, jailed, horsewhipped, executed? a few highly publized firings, with some FBI inquiries would be a welcome start. We shoud all be outraged, but seem to be treating this as 3rd grader failing a spelling test.

'Little johhny try to do better next time, OK, oh and dont forget your $700 billion dollar lunch money, (kissy on cheek) and please try to behave in those credit markets!

FBI investigations are underway.