Texas RN, My comments are for the government in general and business in general.... If they were willing to accept the consequences of their action they would not be groveling to government for bailout's these financial and business entities are supposed to be the pillar of capitalism.
Alot of this fiasco was started by the government and the implementation of the CRA, coercing the banks into making loans that people could not repay and refusing to addrss bad funding practices. Policies implemented by liberals. Then you have ACORN going into banks and businesses and threatening them with the label of racsist if they don't fall in line. Too bad the businessmen and women didn't have the balls to stand up to them. ACORN (community activists), played a huge role in these activites.......the guy you voted for....Obama (a former community activist).
I apologize, this is the point I am trying to make is that you cannot or do not want to see the total hipocracy of those who have so fiercely resisted any government intervention As much as you hate the man, Bush did push for tighter controls on Fannie Mae and Freddie Mac. Frank, and the other liberals refused saying the institutions were sound...........oops got that on wrong didn't they.
or ownership in here business now begging for it Some of the banks were forced to take the money, others refused. I have an evil banker friend who is the co-owner of a bank and they refused the bailout as well.
rather than take the fall and get on with their lives... they would rather have big brother watch over them than give up there current excessive ways of living...All this would take is for Obama and company to say "No" and ride out the consequences. But instead they are throwing 1 point something trillion (when it's all said and done) at the problem. As someone who voted for Obama but opposes this action, please let us know the name of the senator or representative you notified to voice your dismay with this plan.
Just cuz I voted for someone does not mean I have to agree with everything the do.... Besides like a typical politician (and McCain would be no different if he had a republican congress) he is breaking his campaign promises..So business as usual is ok with you? I'd be one livid mofo if McCain got elected by saying one thing and doing another. Further more, I did vote democrat in this past election. I voted against my senator and representative because I am tired of this BS. Did you have the cajones to do the same thing or did you just go straight party?
He is not doing much to work across the isle... Now, had he vetoed the stimulus bill and said I won't sign it until X # of Republicans vote for it then send it back and force congress to work for a more bipartisan measure, I would have really applauded that action... What would you have said if he did that?I would have said what I have said all along. N O Baliout. Sucks and tough times are going to follow, but let it run it's course now, not spend a trillion good effin dollars after bad. It's called tough love and sometimes it just has to be done.
And what the Heck are you talking about you voted for Palin not McCain... that just makes no sense to me so do you care to explain what you mean. Simple, I had high hopes that Palin would wait in the wings for 4 years and then be our next real conservative president. Therefore, my vote was for her, I simply had to tolerate McCain for 4 years.
"Really??? I see liberal / socialists / fascist making a grab for my freedoms. It is the LIBERAL / SOCIALIST / FASCIST that you voted for that are screaming for a socialist governemnt. " I said nothing about anyone taking your freedoms. This was in reply to your ill concieved notion that capitalists are now seeking a socialist government
look no further than the stock market to see how wrong you are on this. Real capitalist want no part of a socialist government. You said these people want socialism, I brought in the fact that socialist want to rein in personal freedoms. Do we really need to go down this road? I am more than happy to .
The champions of Capitalism that are the same ones screaming for Socialist type government help...
By I know you can't see beyond the end of the barrel of your gun Since you decided bring firearms into this for some odd reason, I gladly thank the Second Ammendment for this right......but wait I seem to recall you blathering about how no one was going to take your guns......so your point here is........
Besides I didn't want a president that feels he needs to go to war with every nation that does not think the way he does So what will you say the first time Obama attacks a country that doesn't think the same way we do......that is after all how confrontations start.
... How are u supposed to solve a problem if you refuse to talk to the party you have a problem with You might as well invade socialist Canada Maybe you haven't kept up with current events.....recently a Polish man was beheaded by terrorists in Afghanistan. Enlighten me again, as I know myself and others have challenged you before, without an answer I might add: How do you negotiate with someone who wants to kill you because you don't follow their religion. How do you reason with people who would send their CHILDREN off as homicide bombers. We seemed to have disagreed with N. Korea and last I checked we hadn't gone to war with them, don't like Cuba, no war there, don't agreee with the genocide in Sudan, no ground war or air war there at last check. Vehemently opposed to Iran having nukes................just did a google search............guess what, no American invasion or attacks going on there either . So we kick the sh!t out of one dirt bag and are fighting the bad guys on their turf in Iraq and Afghanistan and you constitute this as going to war with the world?
Oh and like McCain is not part of the problem... He owns so many properties he does not even know how many homes he owns!!! Here I did some home work for you: The McCain family owns properties in multiple states under several names. ... trusts and companies controlled by Cindy McCain generally own the properties. ...
politifact.com another link http://www.nytimes.com/ref/us/politics/mccain-properties.html
How awesome is it that Cindy's dad does well for himself, passes on money to his family, they are smart enough to invest it wisely, and now can claim 10 properties and millions of dollars. Good for them. Or should they, as Obama wants, spread the wealth around?
As for your Final response, my comment did not single you out I never took it that way
, It was directed at every American who has made many irresponsible life and financial decisions AND does not want to take responsibility for it. Instead they want a bailout from tax paying responsible Americans Like you and me... ]
It was the Banks and Wall street that created the Recession Which is it the banks and wall street or is it "every American who has made many irresponsible life and financial decisions AND does not want to take responsibility for it?" I say the government plays a big role for the policies it instituted
snowball with their risky subprime loans Refer to first paragraph
and poor investments with a lack of equity to back up their actions. Had they been Responsible and made sure they had sufficient equity too cover the subprime market failure we would not be in this situation... equally those who gambled with getting these loans and are now in default are the type of folks I am talking about... When I bought my home I knew there was no way I could make a pament triple or more of what I have now....
Back to the OP topic I don't think the resistance to socialism is building. Watch the news......I promise you it is.
. it has always been part of the american values... However it was never was confronted because our previous status quo was not challanged by current economic and social conditions....
So back to my original statement... People and business need to stop asking for handouts to protect their financial well being when it was caused by their own irresponsible choices. No argument from me.
I am stressing the hypocritical nature of this whole Fiasco...