Posted on 03/24/2009 6:42:46 AM PDT by RangerM
After energy producers, food producers will be next. Hey, they receive Federal farm subsidies, right? Doesn’t that give the neo-Marxist the right to seize them, or tax them at 90% or 99% or 100%?
What’s that tune I hear? Oh yeah, “Tomorrow Belongs To Me”.
"We need resolution authority to go in and be able to change contracts, be able to change the business model, unwind what doesn't work," Gibbs said on CNN in one of several morning television interviews aimed at promoting the administration proposal. " ... This is the exact type of authority that will allow us to deal with the problems in AIG ... that will address the systemic risk without having to put [a failing firm] in bankruptcy."[emphasis added]Isn't this one of the limitations on Congress in the US Constitution?
Why isn't every lawyer in the US going bat$hit over this?
Hugo isn’t as “sculpted”. And he can’t glide off a roof just using his ears.
“In the name of the State”.
I was surprised that the market liked it that much, although since the market is going down today, maybe they had time to examine it. Bush actually considered this plan but rejected it as being too risky with taxpayer dollars, and instead decided on a one-time bailout in a specified amount.
I once wrote a letter to our power company and suggested that we should Nationalize Power. They sent a representative to see me. This was in the 70’s and just the suggestion scared the daylights out of them.
Have any of these clowns ever opened a history book? This is Communism. What a bunch of inept, dangerous lightweights. You’re damn right I’m scared.
My 15 year old daughter is now listening more and more to the news shows and talk radio, at least when she’s with me. She’s getting up front history lessons. We have to do whatever we can to keep our freedoms alive.
Just about everyone else is too or complaining about it; instead of doing something about it.
I don’t care if Obambi is President; it is our government; not theirs.
Yes, there’s definitely a fear factor. Of course, they more timid they are, the bolder he becomes. It’s the usual story of the neighborhood bully.
Warren Buffet and Bill Gates would get attention if they stepped forward.
I think one of the problems is that a huge amount of corporate stock is in the hands of institutional investors. Some of them might think they’d benefit from nationalization, others might even find nationalization to be in harmony with their ideological goals, etc. So I suppose that could be a serious drag on the response of business leaders.
Especially Bill Gates (who in addition to everything else, was a huge supporter of Obama).
IIRC, Warren Buffet has already made some unfavorable comments about Obama’s actions. There was some coverage a couple of weeks ago but it faded fast. However, that was before this latest power grab, and maybe if he said something now it would have more impact.
Fear is for weak people. Thanks for posting. Very interesting. I just saved a bunch of money on my con-game by switching to Geithner BUMP!
Buffet said that Obama’s carbon tax plan would just result in a regressive tax on the poor through higher energy prices. Notice how the media no longer seeks Buffet’s opinion?
Tyrants always had their catch phrases. If Her Heinous was elected it would be “In thename of health care!”. What tyrant has ever said “In the name of tyranny”? Although, the Anointed One may yet say: “Proclaim tyranny throughout the land!” as he is so full of himself..
Because sitting around complaining is a waste of time, energy, and resources. Most are busy drafting plans to move operations overseas. For them it doesn't matter if your base of operations is in New York, London, or Bern - you can still do business.
>>Warren Buffet has already made some unfavorable comments about Obama’s actions.
Too late Mr. Oracle of Omaha. You strongly backed 0bambi.
I lost a lot of respect for Mr Buffett during the campaign.
Now we all know why BO couldn’t stop laughing on 60 minutes.
Just makes you want to go out and buy stock in American Companies.
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