700 Billion Dollar Question

I understand the points you are trying to make, and of course we want to continue good relations with Europe. The point I'm trying to make is that the protective treaties that came after WWII no longer need to exist - they exist at great cost.

It's not a matter of pride, more of a matter of blood and money. Hopefully, the war guarantees will be nullified. When they are eliminated, then it will be up to others to do the work that is no longer being done by the US.

For anyone that is rejoicing at the so-called "fall of the USA", the bell tolls for you - your time of not taking a care is over.

It's all about oil and trade. Europe enjoys these things as well as we do.

Thank you, I hope we can. Many soldiers are involuntarily extended in their enlistment. They will be released to go home, be with their families, raise their children, work.

I'm sure they have nothing better to do. I'm glad you are concerned for Uncle Sam's finances.

 

Ok, at least you are not one of those assholes who thinks it is for the freedom of the iraqi people...

That's not fair, so please don't put in my hands oil stained with blood.

But All this war is not only oil trade, but to keep the mchinery working and greasing the gears. US has been during all his history a war machine.

 

The truth is ugly...

Anyhow, sorry to go off the topic of this thread...

It will be interesting to see how our congress votes on the $700B today. It appears the scare tactics and the attached gifts are beginning to work, so I speculate that it will pass. The government will prop up our teetering economy with yet more debt, only to pass the suffering on to a future date.

It's funny how when it was the manufacturing industry collapsing, there was no bailout for them and the financial people extolled the virtues of globalism, Adam Smith, and the free market. When it was the technical industry collapsing, the financial people again extolled the virtues of globalism, Adam Smith, and the free market. Now, when it was their turn, the financial people pulled the strings of their puppets in government and used scare tactics to force the rest of us to prop up their industry and bail them out.

 

In stead of bailing them out we should be rounding them up for the crimes they have committed..

Oh, that's right they also manipulated the judicial system in their favor too.

Well I guess we will just have to bite the bullet on this bill. Going to be a bitter one to swallow.

 

Looking at how many went to jail for ENRON, there should be several Thousand people that should go to prison for this mess.

And NOT a Federal Country Club either. Put them in General Population.

 

dream on, fantasy player.

 

This thread should be renamed to, "The 850 Billion Dollar Question", that was just passed.

Boot those that changed their vote, because of the "Pork" that was added.

A few at least had another option that did work in 1987. It also worked in some European Countries, (Finland and Sweden I think). It was not considered because the was no money in it for the others.

 

so mad at our village idiots in the HOUSE

 

I guess in a few moments the president will affix his signature on the biggest government approved transfer of wealth known (to date) to mankind.

It suddenly becomes very funny how Congress can come up with 700 billion dollars when their rich friends are in trouble.

I agree with Daniel...they've slapped their hands, given them a time-out, and gave them some more money! Remember, just "don't do it again"...

 

US free market RIP, requiescat in pace
US main street people RIP, requiescat in pace
US Mortgages owners RIP, resquiescat in pace

Especulators, greeds, this night, Moet, and cocaine, our victims are paying this round, as usual... :spy:

This is the beginning of the end, and the worst thing is just to see how you are being fooled, and don't do anything against it...

US RIP, Reclosing in Progress

 

Our only option, short of civil war is to contact our representative in government and either oppose or support proposed legislation. We can vote them out if we don't agree with their decision, but the law still stands if it passes.

IMHO, the financial people intentionally manipulated the credit & stock markets in the last two weeks. How else could we have gone from a "robust economy" to a dire crisis needing an immediate $700B bailout in such a short time?

As business people, they know in their hearts that the mountain of debt that is upon this nation is unsustainable. Their only self serving hope is that they can maintain it long enough to pass the misery on to the next generation of Americans.

Hmmm.... Europe is looking better all of the time....

 

Another "fun fact"...These are the same people that spent over $150 million dollars lobbying Congress recently to change our bankruptcy laws making it harder for everyone to default on credit. (Of course if asked, they didn't see it coming, right?)

OMG...they went bankrupt...did anyone go to counseling, did they get their wages garnished, was it a long drawn-out process overseen by a bankruptcy Judge?

No wonder American families are "mad as hell" at Wall Street, their bankruptcy was forgiven by one fell swoop of GWB's pen. It's nice to have friends in high places...huh!

 

Well, we are looking for solutions for the stained things we have here inherited because of the way US Banks were doing business, greed people is everywhere...

 

This crisis is two years in the making. Only one self-described economics student thought our economy was robust. A trillion dollars of value lost in our homes cannot help but cause a crisis. Unfortunately, the Bush Administration just wanted to hope it would go away, and the Democrats just wanted to punish the lenders. While they needed to be punished, it wasn't very smart to insure that the folks who got in over their heads (or because of declining home values went into an upside down condition) could not refinance their ARM mortgages. The housing aid package was way too little too late.

Nope this mess was of our government's making. ARM mortgages are fine as long as people can afford the maximum rate. Interest only and Liar mortgages were for and by speculators. Then the Bush Administration decides that credit card payments have to go up by 50-100%. Then when the foreclosures start happening, the Democrats made sure those who were in trouble couldn't refinance.

Not to mention, spending $550 billion of borrowed money on Iraq. I've always wondered how many people would have been (or would be) in favor of our involvement there if we had to pay for it immediate taxes. Sad part is there is no free lunch. We don't pay enough taxes to cover what we want to spend (or the majority do!), then interest rates go up. You pay one way or the other.

 

Redneck's

Very good by the way:heh:

 

The justice system does not decide where prisoners will be held. The Bureau of Prisons decides that. Sometimes a person is sent to a hard prison for political reasons, but most often the BoP makes a judgement about how dangerous the individual is. Our prison system is so overcrowded these days that even the FPCs (the so-called "country club" prisons) are not nearly as easy as they used to be. In fact, the overcrowding can make an FPC worse in some respects than a higher-level prison, though it's easier in other respects. I speak from experience, having been in an FPC (Yankton), a level 1-2 prison (Sandsone), and a high-security prison (El Reno). I won't count Oxford, WI, because I was only there for one night while being transported from El Reno to Sandstone. I know people who were at Yankton after I was there, and it got a lot worse in the interim. The prisoners don't call it "Camp Yum-Yum" anymore.

 

No, no. If you help individuals in need, that's called socialism. And of course that's a bad word. When you help huge corporations, that's just sound economics. The idea is that it will eventually trickle down to those in need, and everybody wins. Just like in pyramid schemes.

Remember: Corporate profits are privatized, but disasterous corporate losses are socialized. It only makes sense, right? I mean otherwise, we'd expect Corporations to give everybody a tax break when they're doing well and raking in the big bucks. And that's just silly.

 

Fantastic, thanks. Hell, I almost understand it now.

 

How about keeping the Soviet boot out of your nice person since WWII?

Good luck with Putin now.