And ain't it funny how they are always doing and saying pretty much the same stuff, attacking the same people and ideas (that is, any that aren't from their own egocentric setting), but blaming it on strangely different causes and claiming it will reap far different weirdly idealistic goals that have no setting in reality.
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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Here is something funny, Democrat Senator from Chicago Roland Burris committing perjury after blagos whole ordeal. What a mess...
Something you may find funny, but I find shocking is this SOOOOOO IMPORTANT spending bill was not read by Obama. Obama should have spent last weekend reading the whole thing before signing it if he truly cared about the bill, what was in it, and what it will do.
It isnt stimulus it is all pork and pet projects! Can anyone here really say it isnt?
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so. Posts: 6949 | Registered: Apr 2004
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I don't think that's fair CCM. President Obama's sweeping tax reform is going to give the average worker an additional $13 per week. You could make a nice car or truck payment with that money - if you're buying a TONKA! Or, you could save for two weeks and have a pizza! LOL!
Posts: 1577 | From: Ohio | Registered: Oct 2007
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The funny thing is that Democrats are going to lose in the House next elections.
Stimulus round 2 coming? MORE TARP? More money being thrown at the problem....yeah they are digging their graves.
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so. Posts: 6949 | Registered: Apr 2004
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ROTFLMAO!! You two really are dumb and dumber. And moocow, still waiting for you to post a negative GOP article, as you previously said you post both. Not seen a single negative GOP post from you yet. Still waiting. Also, what is your economic recovery plan? You complain of the Dems of throwing money at it, that's whats needed! Couple of fools with no clue about anything.
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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...and the really funny part has just been released. Deadbeats will have their mortgage payments decreased (on our dime) and then they will get a $1,000 incentive each year if they keep their new lower payment current!!! GIVE ME A BREAK! Why should anyone continue to pay their mortgage?
It's time for a REVOLT by the honest, hard-working citizens that pay their bills! I hope someone organizes a revolt with honest people refusing to pay their mortgages!!!
Posts: 1577 | From: Ohio | Registered: Oct 2007
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quote:Originally posted by Propertymanager: ...and the really funny part has just been released. Deadbeats will have their mortgage payments decreased (on our dime) and then they will get a $1,000 incentive each year if they keep their new lower payment current!!! GIVE ME A BREAK! Why should anyone continue to pay their mortgage?
It's time for a REVOLT by the honest, hard-working citizens that pay their bills! I hope someone organizes a revolt with honest people refusing to pay their mortgages!!!
why don't YOU organise it if it's so important to you? you're such a blow-hard.
your wealth will disappear with it too...
oh that's right, you don't have anything but cash flow... LOL... i got some little blue pills for you..
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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quote:Originally posted by Propertymanager: How would Obama lowering my payment cause my wealth to disappear? I don't think you understand what wealth or cash flow are.
Wealth is basically net worth. In other words, it's the difference between the assets you own and the amount you owe.
Cash flow is what's left at the end of the month after paying the operating expenses and debt.
Hope that helps. Maybe a business class or two would help you also.
i'm going to start calling you FM for flat man cuz you are two dimensional. just like the characters on the pages of the graphic novels.
the minute you stop making any payments you're whole game is over and you'll be renting in 6 months too, just like the people you loathe.
you want to demonise anybody but the real perps.
the bankers are in control.. they were during the Revolution in 1776 and they are today. get over it. keep your nose to the grindstone, your head down and quit whining like a baby.
the Founders Revolted on the motto No Taxationwithout representation
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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quote:the minute you stop making any payments you're whole game is over and you'll be renting in 6 months too, just like the people you loathe.
Untrue. The Messiah (Obama) will come to my rescue; write down my principal (although it's less than half the value of the house); and cut my interest rate. Then, he'll pay me $1,000 per year to keep my mortgage current.
quote:the Founders Revolted on the motto No Taxationwithout representation
The new motto is: No Taxation to Support Deadbeats!
Posts: 1577 | From: Ohio | Registered: Oct 2007
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"The new motto is: No Taxation to Support Deadbeats!"
But why would you toot that horn?
Are you still too dense to see that you are the ultimate deadbeat, sucking on the government tit and calling it conservative, because you claim to be only leaching off the ones that collect it directly from the government?
Your whole business is government subsidized. Remove the government subsidies and your claim to independence dies with it.
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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quote:Originally posted by bdgee: "The new motto is: No Taxation to Support Deadbeats!"
But why would you toot that horn?
Are you still too dense to see that you are the ultimate deadbeat, sucking on the government tit and calling it conservative, because you claim to be only leaching off the ones that collect it directly from the government?
Your whole business is government subsidized. Remove the government subsidies and your claim to independence dies with it.
don't show him the mirror bdgee, he can't see the mirror...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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Honestly, I am starting to think i better skip mortgage payments so I too can get relief otherwise I will be working for those that cant pay.
This is really SICK - Obama spendulus and now the housing --
It rewards BAD behavior ---
It is unfair to those that made good decisions and work hard to pay mortgage -
I remember reading these give aways for bad behavior will actually encourage millions to skip mortgages, etc.. so they to can qualify- and, the conclusion was it will bankrupt america cause no one will want to work --
Why should I work for those that dont?
It is a tragedy and all Obam's policies are moving so fast and before we know it - socialism and a big welfare state in this country with not many willing to work --
What a mess and YES - Obama is making stuff worse-
HIs rhetporic sounds good but how can he sleep at night by having such a prok bill when the country was in dire need of real stimulus??
Posts: 864 | Registered: Jun 2004
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You know in hard times, folks should spend less and get by with all their OWN resources - You make due and the human spirit is motivated to find a way out---but when you say govt will take care of it then you have millions and millions and millions of folks who will go to the GOVT vs using their own ability ---
I ask, who is going to pay for it? Why is it that OBAMA is so lost he cant use common sense? I mean who gave him the right to create a welfare state? Americans better wake up!
I was willing to give him a chance but now,I feel he is all rhetoric and has a huge ego and very insecure. He always is so GLOOM and negative - and says I will fix- ONLY the govt can - What BS! Why cant more folks see it?
Big GOVT is not the answer and this isnt freedom!
Posts: 864 | Registered: Jun 2004
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I support tax cuts and spending bulk of the funds into infrastruture and energy and cut all the pork projects -- 500B is more than enuff--
1. Public education should not be funded by the federal govt - More money is not the answer to education's problem - It is the parents who are not there for their kids that is the core of the problem- Many parents expect govt to be the answer because they are not parenting - or simply are not present for thier kids- Schools will never fix that nor should they - Folks must take responsibility for their lives vs expecting GOVT to be the solution-- If you have a child that is poor and parent that child with love and have only books , you can educate that child well- I know cause I didnt have much growing up but obtained my masters because my parents valued education as a way of economic mobility. Plus, I have kids and one complaint is they are not being challenged enuff---Time is give mostly to the average and under achievers-
2. I would exclude aid to states to balance budgets - It encourages BAD behavior - States must balance budget or cut services else there are dire consequences and the politicians would be voted out--
When this economy started to falter, we paid off most our debt by sacrificing - You dont get into more debt to get out of a bad situation.
Govt is not the solution but private initiative - Govt sole purpose is defense not welfare state for the folks-
It is ideology but when folks dont have much and dont know better, all expect a handout-
What would I have done more?
1. For the housing crisis, I would have let rich foreigners who wanted citizenship buy residential homes as a requirement of being able to come to this country - They would have to occupy the house --This would create demand for the excess inventory - Many folks throughout the world would love to come and be american citizens-
2. For the credit/banking crises - I would off let the banks fail and help the good banks absorb- I would set up a task force and prosecuted those responsible by jail time and retribution- It is foolhardy to give good money after bad cause more will be toxic- Yes, there would of been pain but we would survived and been alot stronger -
3.I would be inspirational - practical yes - but negativty does not inspire but self propagates--- Whatever you give attetion to multiplies---
This I and only GOVT has to go--It is not about Obama or the GOVT- It is 'WE'- We will get out because Yes we can.
4. I would encourge those rich americans who are more priviledged to spend more - I would encourage all americans to help each other- now, not force but simply encourage- Bush encouraged all to spend but debt is not the answer but those that can afford spending can help-
And, much more ---
Posts: 864 | Registered: Jun 2004
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In addition, I would NOT put money into entitlements. I would NOT put money into building schools. I wound NOT more money into teacher pay. I would NOT encourage welfare and essentially undo the Clinton era welfare reform.
I would only spend money on things that would create jobs starting this year! For example, the lefties continually complain about the environment and the righties (like me) always complain about sending $700 Billion to our enemies for oil. How about a massive program similar to the Pickens plan? How about building infrastructure to fuel trucks and autos with clean American natural gas? That would also help the auto industry. How about subsidizing wind? I'd rather do that than send that money overseas! Wouldn't that make both sides happy? How about providing a REAL (big) subsidy for hybrids. If there was a $10,000 subsidy, I'd buy a Prius TODAY! I could think of MANY things that would meet the objectives of the left AND the right! Of course, to make any of that a reality, you would need to cut through all the government nonsense (like environmental impact studies, etc).
Posts: 1577 | From: Ohio | Registered: Oct 2007
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Looks like thinkmoney is refusing to look in the mirror too.
Freemarketism failed again, just like it did when they called it trickle down economics and whatever name they tagged onto the idea that you make the stock markets and banks look good and that cures all the ills of society.
A government is not a device solely ward off invasion and to protect the economy, first last, and always. A government has way more responsibilities than that and directing all of a government's authority to only military might and tending the wealth of the well healed has once again been shown to fail the people.
To once again play the tune of freemarketism will not free us from the ills that faulty philosophy has forced on the world, it will only make those ills lodge deeper in the lungs of society.
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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quote:Originally posted by Propertymanager: Excellent response TM!
In addition, I would NOT put money into entitlements. I would NOT put money into building schools. I wound NOT more money into teacher pay. I would NOT encourage welfare and essentially undo the Clinton era welfare reform.
I would only spend money on things that would create jobs starting this year! For example, the lefties continually complain about the environment and the righties (like me) always complain about sending $700 Billion to our enemies for oil. How about a massive program similar to the Pickens plan? How about building infrastructure to fuel trucks and autos with clean American natural gas? That would also help the auto industry. How about subsidizing wind? I'd rather do that than send that money overseas! Wouldn't that make both sides happy? How about providing a REAL (big) subsidy for hybrids. If there was a $10,000 subsidy, I'd buy a Prius TODAY! I could think of MANY things that would meet the objectives of the left AND the right! Of course, to make any of that a reality, you would need to cut through all the government nonsense (like environmental impact studies, etc).
of course you don't want people educated they make you feel bad when they know more than you...
and we don't spend 700 billion on oil to our enemies...
our number one oil import comes from Canada.. they may be YOUR enemy..
number two is Mexico..
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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Glass - I guess it boils down to principle and ideology-- And, keep in mind, it is the experts that failed this country so I doubt I would listen to them totally -
No system is perfect but throwing good monmey into bad is toxic. Schools s/b funded by the states as is - Like I said, the core issue of kids failing are the parents and secondarily because there is no foundation for ethical behavior in schools anymore - but, that is another discussion --
So many say, it would cost more not to bail but that is theoretical and as possibly is my position - but then you have to live by principle and common sense. When you have hardship , do you demand govt take care of you or do you do ewhat it atakes for your family? Govt cant take care of us all --someone has to work and when there is a welfare state motivation of the human spirit killed--
Capitalism works by letting those fail that should-
When times are tough, folks have to scale back and be frugal but what is happening is govt handouts of money we dont have--
We may get a temporary spike from all of this but there is now no moral behavior to do good because if I do I pay the consequence. I better mess up cause then I will have others' pay for my mistakes--that is scary- I would say close to revolution or civil war-- Like I say, I want my mortgate lessened to - and who is Obama to decide what class gets this benefit while the others have to work harder for it?
Also, for the first time in our history we may see runaway inflation and fiefdom to China --that is a far worse scenario then to have those that wronged fail- There were many more that did it right but now I am concerned that those that failed will bring all down because we are not letting them fail. Instead, we are letting them pollute the entire system by giving good money to bad.
Posts: 864 | Registered: Jun 2004
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PM -I agree with most what you say but it is not leftie or conservative - it is what is better for america to me --
Posts: 864 | Registered: Jun 2004
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When you have hardship , do you demand govt take care of you or do you do ewhat it atakes for your family?
i have been thru hardships tho not nearly as bad as many today.
no govt bailouts here.
Capitalism works by letting those fail that should-
my perception about all of this risk that was taken is that it happened because the "experts" beleived they would be bailed out.
they never expected it, but they knew they were "too big to fail" and they never really worried.
when you get right down to it? people (in general) demanded big gains, and so big risk was taken by overall consensus..
look at how many new hedge funds we got in the last ten years...
i would agree with you about letting those that fail should, except for one thing, they take down everybody else with them.
i have very low debt, can easily afford my home and have not borrowed one penny to build my business. yet i must have customers for my business to survive. if it doesn't? i am still covered. i practice considerable personal conservatism. my biggest argument with the "new conservatives" is that they are not conservative by my definition, or any definition i have ever heard of.. they simply call themselves such.
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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The risk taken was criminal --- It was not their money to use for personal gain at the expense of the folks- that is why I say let them fail and prosecute for jail and retribution-
That is the argument used - " If we let them fail, they will take down all". I refuse to buy into that. Let them fail and we will survive but this massive spending may collapse the economy. First a spike then a collapse. And, who are we to enslave our country for our children?
If we let them fail, those that did it right would get stronger and many folks would use their ingenuity to step in where the banks failed us....It would be painful but it would work out. In this time of hardship, all would have to do what it takes to survive and grow this country back. Personal responsibility is creative but govt handouts kills the creative spirit.
Posts: 864 | Registered: Jun 2004
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But what if you are wrong? You'd place your preferences ahead of the studied opinions of the world's experts and, if they are correct, we who did not participate in the first place die. Those are your PREFERENCES, not some law.
No thanks, I don't believe you have that kind of credibility.
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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I would love to see the stats at how many banks there are in the USA and those that are successful. I bet there are many more banks that did it right vs wrong and those banks should be supported. Like, I said, let the banks fail and let the good banks absorb the assets of the bad. This to can ensure financial stability--- and not put good money into toxic...
Posts: 864 | Registered: Jun 2004
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"I bet there are many more banks that did it right vs wrong and those banks should be supported."
Again, you are insisting on a belief not a fact. Too, most of the non-giant banks in the Country are much like any other smaller business, they depend on a free and flexible marketplace to survive. They too, like a car dealer and a hardware store and a farmer must have access to a bigger guy to borrow money from from time to time in order to survive and the big banks are the ones that are not supplying money, to the people for cars, for home improvements, for restocking departments stores, and for restocking the coffers of the smaller banks who do the direct lending for Main Street.
By the way, the good banks are the ones that took the money from the Feds and used it to buy out other banks and have huge parties for their higher-ups instead of for freeing up the economy. The bad ones had already failed or were in the process and got bought out, along with a few that weren't bad and just got caught up in the flow.
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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quote:You'd place your preferences ahead of the studied opinions of the world's experts
What experts? The FED presided over and indeed caused the real estate bubble? Barney Frank promoted "homeownership" and pressured Freddie and Fannie to make loans to people who weren't creditworthy. Geitner presided over the 1st failed bailout and delivered the latest bailout without any details. They're all incompetent. I'd take ThinkMoney and a little common sense over these government idiots any day!
Posts: 1577 | From: Ohio | Registered: Oct 2007
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PM, if an honest to God sent down from Heaven real expert stood right in front of you, you couldn't see him. You are too racked in a belief in myth from life time of fictitious right-wing propaganda and bull sh-t to open your eyes.
Go fly a kite!
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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That is my point - the experts stole our money and brought america to the knees and then they beg for more?? They want us to believe that without them america would be worse- It is so idiotic to think that those that are responsible for the mess have any merit to make things better.
I dont trust them - I rather do business with a community banker any day vs Citi, etc...
Posts: 864 | Registered: Jun 2004
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That is why I want the democrats to put some serious oversight and restrictions on them, not the bull sh-t that the republicans are still insisting on. This damned idiotic crap that tax cuts are what is good for the economy is nonsense and really nothing but a way the republicans have siphoned the treasury into the pockets of their own.
Something has to be done, not just for us, but for the whole world. And following the lead of the republican mantra is what got us here. Those weren't experts, those were crooked politicians.
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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quote:Originally posted by Pagan: ROTFLMAO!! You two really are dumb and dumber. And moocow, still waiting for you to post a negative GOP article, as you previously said you post both. Not seen a single negative GOP post from you yet. Still waiting. Also, what is your economic recovery plan? You complain of the Dems of throwing money at it, that's whats needed! Couple of fools with no clue about anything.
Have you ever made anything but a negative GOP comment? People who live in glass houses should not throw stones.
-------------------- Let's Go METS!!! Posts: 3317 | From: CT | Registered: Dec 2006
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