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10-03-09, 06:48 PM | #1 |
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So what da~ya think?
Is The Obama thing gonna stick?
I'm not too sure about BIGGER gov'mt.
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10-03-09, 07:27 PM | #2 | |
my name is Ranking Fullstop
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on a related subject, the banking system appears to be hanging by a thread. all last fall, the problem was presented as a lack of available credit...now, it seems obvious that many of these banks (B of A, for one) are basically insolvent. i don't see how anyone's gonna save them. edit: this is nationalized citibank |
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11-03-09, 10:19 PM | #3 |
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The stimulus makes if you work in government or the public sector because the money will stimulate government growth and government jobs. It won't stimulate growth for those who don't work in government. It'll do little to stimulate the economy as far as getting people to spend because jobs are still going away. Once the states get their money, they'll pay down debt with it but will still be left with a huge debt because the next generations are gonna be stuck with the tab anyway.
His home stimulus gives money to those who bought houses and took out mortgages they had no business taking on so those who live in smaller homes that took on mortgages they can afford now has to shell out money to pay the mortgages of those who bought the MacMansions they couldn't afford in the first place. What about refinancing those families who do pay their mortgages on time so that they can afford to send their kids to college. The hard working middle class who tried to live within their means are once again screwed because they can pay their bills. Of course if they lose their jobs, then that will be a problem but there will be no help for them. At the same time, corporate greed at the top has damaged numerous corporations over the years and while they got their golden parachutes and bail out of their company the workers are left with shrinking pensions and job losses. Plenty of blame to go around. I will give Obama credit in that he promised change and he is delivering. Last edited by zombywoof : 11-03-09 at 10:40 PM. |
12-03-09, 08:48 PM | #4 | ||
my name is Ranking Fullstop
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Posts: 4,391
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13-03-09, 06:27 PM | #5 | |
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17-03-09, 09:15 AM | #6 |
flippin 'em off
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stimulus yourself
If you're already buried under huge debts just borrow a lot more and throw a big party.
That'll make it alllllll better, yup.
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18-03-09, 06:13 PM | #7 |
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well it seems to make ones on the dole happy.
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21-03-09, 04:53 PM | #8 |
flippin 'em off
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The fuhrer over corporate conduct.
Reminds me of how Hitler started out with the jews.
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Taking power from the many and giving it to the few corrupts the few and degrades the many. |
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