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So, How's that Election thing workin' out for US?
2/16/09 | sldghmr300

Posted on 02/16/2009 8:08:50 PM PST by sldghmr300

With Stimulus like this, who needs a recession?


TOPICS: Your Opinion/Questions
KEYWORDS: economy; obamalove; palin; stimulus
Obama made the case, along with McCain (and unfortunately, Sarah Palin was forced to say the same thing) that those evil people on Wall Street got greedy and overspent and overindulged and basically ripped the consumer off to line their pockets. So, what happened on Wall Street since then, it has tanked. Congratulations men, you were the standard bearers of the two party system and you managed to kill the goose that lays the golden egg. Not Wall Street robber barons, but the companies that use Wall Street and the Exchanges to build and grow their businesses. You have essentially killed many of these companies through no direct action, but by your intention to punish people who make the economy run and those companies realize you had no intention of letting them make a profit, so better to get out of business now and avoid a disastrous closing and larger loss to themselves and the companies they do business with.

Now you are attacking the banking system with the same vigor and false premises. You want them to stop making a profit by limiting the people who run them to some arbitrary income level. If a man or woman CEO is worth to the people who write their paychecks a million dollars a year and a corporate jet and stock options, who are you to limit that bank and it’s board of directors. You may be asking a major bank to have to turn to a second or third string college quarterback in the Super Bowl against any of the pro teams. You may not be aware or don’t care, but the banking system is in the world arena and it doesn’t get more Super Bowl like than that. The banks are living it daily, trying to adjust for the craziness that exists in world finance, like Hugo Chavez, Osama bin Laden, and Putin. You have brought down the markets and now you’ll bring down the banks.

1 posted on 02/16/2009 8:08:50 PM PST by sldghmr300
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To: sldghmr300

it’s = it is.


2 posted on 02/16/2009 8:11:29 PM PST by Revolting cat! (Let us prey!)
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To: sldghmr300
Problem is, if you take money from the gorilla, you don't get to stop dancing until the gorilla stops.

Some of these firms want to give back the TARP money so they can stop dancin.

3 posted on 02/16/2009 8:15:58 PM PST by stylin19a (Obama - the ethical exception asterisk administration)
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To: Revolting cat!
This generation's culture doesn't understand capitalism.

This is the generation that has been being “dumbed down” for the last 20 years...

Look at the “big picture” tie the strings together for the last 15-20 years... it has been slow and gradual.

These kids have grown with each changing generation, so today seems “normal” to them.

Even of the “staffers” had read the STIMULUS BILL it would sound normal to them, you have to figure in the professors that taught them...

It's over.

4 posted on 02/16/2009 8:26:49 PM PST by Pee_Oui
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To: Pee_Oui

I am curious, would Hillary been a better choice? I think Obama is an empty suit


5 posted on 02/16/2009 8:28:18 PM PST by mriguy67
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To: sldghmr300

I’m just waiting for China to take Guam, perhaps Hawaii. Hell, Mexico’s already got most of California. Won’t be long before we lose the ability to project power. Anybody remember when the USSR went broke? Used to be a powerful, influential nation. Then it reached an economic tipping point and all fell apart overnight. That’s probably us after this stealfromus bill does its work.


6 posted on 02/16/2009 8:29:20 PM PST by Trod Upon (The Left killed my country.)
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To: Trod Upon

“Stealfromus Bill.......Nice!!!!!!

I’m gonna use that!


7 posted on 02/16/2009 8:33:01 PM PST by jdsteel (CONGRESS: Take it again in twenty ten.)
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To: Trod Upon
"Then it reached an economic tipping point and all fell apart overnight."

Steady yourself...they're (Russia) about to fall apart again.

8 posted on 02/16/2009 8:41:41 PM PST by blam
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To: Pee_Oui

Capitalism says that if you’re smarter and work harder, then you get more of the gold. But liberals say it’s not right to flaunt your abilities and accomplishments as to not offend those who have not succeeded. They say everyone would have succeeded equally, if not for those who cheated so the remedy must be to distribute wealth equally. In other words, if there is inequality anywhere, there must be someone unethical causing that inequality, not people driven to succeed.


9 posted on 02/16/2009 8:52:01 PM PST by TheThinker (Shame and guilt mongering is the Left's favorite tool of control.)
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correct


10 posted on 02/16/2009 8:52:19 PM PST by Cyber Ninja (His legacy is a stain OnTheDress)
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To: TheThinker

11 posted on 02/17/2009 7:19:06 AM PST by ding_dong_daddy_from_dumas (I want to "Buy American" but the only things for sale made in the USA are politicians)
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To: mriguy67

I thought Algore couldn’t have done as much in four years, and, would have been gone in the same amount of time...

I knew W’s ties to the NWO and he scared the crap out of me.. who will ever know now??


12 posted on 02/18/2009 7:23:30 PM PST by Pee_Oui
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