First, we are talking about Obama's policies here, we are not talking about Bush. And btw, hanging the current economic problems on Bush is like blaming the Titanic sinking on the iceberg. The iceburg just happened to be there when the crew drove the boat into it.
The Fed can and does use tax policy and regulations to control commerce. The Fed can loan money to a private company to keep it afloat if it deems that it is in the national best interest to do so. The Fed can't own a business. The Fed can't compete with private business. National security is one of the few legitimate uses that the Fed has. To mandate the removal of a CEO is not the job of the Fed unless that CEO has committed crimes. It doesn't matter if the guy was a lousy CEO. The shareholders should vote out every single sitting member of the BoD at GM because they have been so lame. But it shouldn't involve the Fed.
Socialism sounds wonderful. All the icky things will be taken care of by the Fed and they will provide for you. Right, sounds good.
However, the simple truth, the simple fact, is that it is not sustainable. Where does the money come from?
Well, you say, they can get the money from the businesses that had to be federalized like the banks and the car makers. But who, may I ask, is going to use the banks and buy the cars? Well, the people who work and earn money of course. Well, yes, but in order to fund the universal health care (which of course drove the drug companies out of business so it's lots cheaper now since the only drug a doctor can give you is Tylenol), pay people who aren't working anymore because the drug companies are out of business, pay for all the services, provide housing for the homeless, and fight that border war with Mexico, etc, etc, the poor working guy, the guy that actually makes something that can be sold, is taxed so high he can't fucking afford to buy a car. So, the socialist government is paying thousands of workers to build cars that nobody can afford to buy. So, our socialist government wanting to make sure the people are happy, lowers the price of the cars below what it costs to make them so people can buy them. Yep, that'll work.
It is very, very simple. Socialism is like eating cake for every meal which sounds good when you are a kid, but the reality is that you'll hate it after the first week, you'll get sick, and you'll die a year later. Socialism sounds good, but is unsustainable.
It also insures a huge amount of government intervention in your life, way, way more than you have now. To whoever the idiot was who brought up (yet again) about Bush taking away your civil liberties (which is complete bullshit, btw), you ain't seen nothin yet.
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chevrolet screwed me when i was 19. i had a chevy vega GT (oxymoron) that after 30,000 miles was basically a 2 stroke it burned so much oil. took it in under warranty, they took the head off to take a look, cylinder walls had these major scores/scratches in them and they told me it wasn't bad enough to fix under warranty. fuckers. from that day on i vowed i'd never own a chevy. and chrysler is so bad i'd never own one out of principal.
THANKS TO OBAMA I OWN PIECE OF EACH
fuckers....Leave a comment:
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OOOOOOOOOOOOOOOUUUUUCH!!!
not so sure this qualifies as witty.
besides id own you in person. look back at how you quoted me responded, walked away came back quoted me again and responded AGAIN!!!!!!!!! haha! laaaaaaaaaaaaaaaaaaaaaaaaaammeee!
just messing around man. i dont stress to much about politics. in the end you really have no control over what happens in Washington. it's sad to meLeave a comment:
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Well at least I can go buy a GM now we have guaranteed the warranties.
Either way I won't buy one.... But I know my tax dollars are on the line for GM. So give me my money back, I want to spend and invest however I want.... Not by paying more taxes.Leave a comment:
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Ding ding ding we have someone with an above average IQ here folks.Obama has already proposed more spending then the previous 43 Presidents of the US
Obama is blaming Bush everytime he fucks up. He needs to take responsibility like a big boy and not some five fuckin' year old.
3 Trillion dollars for Iraq? I don't think so.
Regardless, the unions bankrupted the auto industry, just like they bankrupted the airline industry and how they will continue to bankrupt other industries.
Tax cuts grow the economy. Demonstrable fact.
You wanna talk about the "job banks" the unions forced upon the auto industry, where laid off auto workers get paid to come in, sit around and do nothing bankrupted the auto industry?
Google "GM job banks" then get back to me.
How long do you think you can do that before it bankrupts your business?
My uncle has worked for GM for 22 years and he says every day how he can't believe they pay him to sit around and basically do nothing.
Union's do nothing but destroy big businesses.Leave a comment:
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You should support your president no matter how much you disagree with him, chances are most of you voted for him anyway. Considering that he was pretty much handed a huge recession to deal with, I think it is best to be optimistic whether or not you like him or not. I did not agree with bush, but I still hoped for the best of what he brought forth. Even so the "socialism" he is bringing is only what was necessary for two of the largest industries that failed, and needed to be brought up to their feet. Imagine what would have happened if the gov didnt step in when the banks failed.
My .02Leave a comment:
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Obama has already proposed more spending then the previous 43 Presidents of the US
Obama is blaming Bush everytime he fucks up. He needs to take responsibility like a big boy and not some five fuckin' year old.
3 Trillion dollars for Iraq? I don't think so.
Regardless, the unions bankrupted the auto industry, just like they bankrupted the airline industry and how they will continue to bankrupt other industries.
Tax cuts grow the economy. Demonstrable fact.
You wanna talk about the "job banks" the unions forced upon the auto industry, where laid off auto workers get paid to come in, sit around and do nothing bankrupted the auto industry?
Google "GM job banks" then get back to me.
How long do you think you can do that before it bankrupts your business?
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Why should I fucking consider ANYONE else? I work just as hard as you if not harder. Try 60 Hour weeks and 70 sometimes. 38 straight days of work at times. Why should I fucking give ANY of my hard earned money to that lazy slut with 5 kids or that dumb shit kid who sits at home and smokes pot all day and works for 20 hour weeks at McDonalds?
Fuck you and your stupid socialist ideas.Leave a comment:
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pretty sure the auto industry didnt crash the the economy by itself. but im pretty sure the ENORMOUS tax cuts STUPID FUCKING BUSH gave to all the men at the top (not just in the auto industry) who drove our economy into the ground may have had a little hand in it. not to mention the 3 trillion dollar, completely unessesary, war in iraq.
the "lets blame Obama for all the shit Bush dropped in his lap" game would be the epidome of closed minded intelectual lazyness and ignorance.
give the guy a chance and dont be so smug.Leave a comment:
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