So what da~ya think?

[Nicobie]

Is The Obama thing gonna stick?

I'm not too sure about BIGGER gov'mt.

[theknife]

Originally Posted by Nicobie

Is The Obama thing gonna stick?

I'm not too sure about BIGGER gov'mt.

the stimulus thing makes sense - there's already anticipation in my area for funds that's creating an expectation of increased business. so how much stimulus is enough? who the fuck knows?

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

[zombywoof]

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.

[theknife]

Originally Posted by zombywoof

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.

au contraire, mon frer........when my state starts work on newly-funded infrastructure projects, that creates all kinds of work for local construction companies, architects, supply companies, realtors, engineers etc ect etc - because a lot of this stuff gets contracted and subcontracted out to the private sector. when my city hires 20 new cops because they just got a million in stimulus funding, a lot of that million will ripple through the local economy as 20 new cops go out and spend thier paychecks. of course, whether it will be sufficient stimulus is another matter entirely. your actual mileage may vary

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.

you must mean the Axis of Weasels

[Nicobie]

Originally Posted by theknife

the stimulus thing - there's already anticipation

edit: this is nationalized citibank

silly people ....

[albed]

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.

[Nicobie]

Originally Posted by albed

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.

well it seems to make ones on the dole happy.

[albed]

The fuhrer over corporate conduct.


Reminds me of how Hitler started out with the jews.

[theknife]

Originally Posted by albed

The fuhrer over corporate conduct.


Reminds me of how Hitler started out with the jews.

no, actually it's spelled "furor". see what happens when you listen to talk radio?

[JackSpratts]

i can see it now, all those incorporation papers marching off to the shredders. oh the lingin!

[albed]

"AIG executives told to keep quiet about company, ditch logo on clothes"

http://www.nydailynews.com/money/200..._about_-1.html





The government might have to make them wear a special patch or something so they can be identified.

[JackSpratts]

Originally Posted by albed

The government might have to make them wear a special patch or something so they can be identified.

stop being so paranoid grasshopper. internal aig fud memos notwithstanding, such uncouth behavior bespeaks poor breeding and is rarely tolerated in the rarified air of the fairfield county exurbs, where even my befuddled conservative neighbors are tentatively taking to the streets.

during one protest outside the homes of several top aig executives, activists were not only unfailingly civil, they were planning on thanking the bastards:

“It was never the intent to have any sort of mob action,” said Jon Green, the director of the Connecticut Working Families Party.

Mr. Dziubek said that if either Mr. Poling or Mr. Haas had come to the door, he would have thanked them, not berated them. Mr. Poling, who received the largest single bonus check, for $6.4 million, said he was returning it, according to an A.I.G. spokesman. Mr. Haas told a reporter in his driveway on Thursday that he had rescinded his retention contract.

“It has been reported that you intend to return your bonus,” the letter left at both men’s homes read. “This is a good start, and we applaud this step. Most of us will never know what it feels like to turn down millions of dollars.”

but wait, it gets better:

The letters also contained an invitation, suggesting to the executives that they come visit the advocates in their neighborhoods.

hitler and the jews? as if. adolf would be rolling over in his grave.

- js.

[malvachat]

What a strange world we live in.
When even albeds heroes get visits.
Wherever have you been?
Have you been out earning a real living??
You don't seem to have had a lot to say about all what's been going on.
Been frightend a little bit have we?? ahh
Your poor little shares took a hiding.
Maybe you should eat cake.

[multi]

beautiful people everywhere, look at the way they comb their hair
makes me want to say...

[malvachat]

Originally Posted by multi

beautiful people everywhere, look at the way they comb their hair
makes me want to say...

----------------
Now playing: The Prodigy - Take Me to the Hospital
via FoxyTunes

[multi]

heh..
The 'Strange' attractor?

[Nicobie]

I'll eat cake as long as I can.

Vote!

[floydian slip]

Stimulus = Inflation

The Fed buying Treasury bonds = Hyper Inflation

the dollar has been very volatile since the middle of last year

did you see what happened on 3/18?

see china and russia calling for a new world currency?

gold and silver should be even shinier soon

[malvachat]

Originally Posted by Nicobie

I'll eat cake as long as I can.

Vote!

Qu'ils mangent de la brioche.


http://en.wikipedia.org/wiki/Let_them_eat_cake



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Now playing: Morrissey - This Charming Man
via FoxyTunes

[Nicobie]

Yes, yes....

now I understand.