|
Post by Shadout Mapes on Sept 24, 2008 15:42:06 GMT -5
Isn't there a way to punish Wall-Street and not reward Bush's rich friends and still save a system that can work? I haven't seen one significant head roll off anyone's shoulders clearly at all yet! I mean it can't just be the demigods that fall for this catastrophe! ><Tomasina ChicaWolverina!
|
|
|
Post by Roland of Gilead on Sept 24, 2008 16:45:37 GMT -5
Well, at least there's going probably be a provision in the bail-out bill that will prevent paying bonuses or golden parachutes to CEO's. Small, cold comfort, I guess.
|
|
|
Post by Shadout Mapes on Sept 24, 2008 20:40:03 GMT -5
Yes, remember Rico, Rico you remember how Mickey-X showed us and told us how it would unfold? Remember how he warned us and tried to sell it even to DeeLee, and how it's all come true now! DeeLee was all lies!@*(^# All this fucking money down a rich rat's hole and no affordable electric car or a decent healthcare system or living wage, no fusion and no decent space program or airlines or low cost college! DeeLee said he knew better and Mickey-X was wrong! IMHO, Metaphorically speakly... ><Tomasina ChicaWolverina!
|
|
|
Post by Roland of Gilead on Sept 25, 2008 5:29:44 GMT -5
An economist on C2C said it pretty succinctly tonight.
Imagine you are in a car headed toward a cliff and you've already passed the point of no return. If you slam on the brakes, you're going to go right over the cliff. So instead, you choose to put the peddle to the metal, flooring the accelarator in a vain effort to gain traction in the air once you go over the cliff. What you will acheive is a few more moments before you crash. Instead of heading straight down, you'll loop down in a graceful parabolic descent.
The result will be the same, but you will have put if off a few moments.
Hope you got my meaning. It's only a metaphor.
|
|
|
Post by Shadout Mapes on Sept 25, 2008 18:21:48 GMT -5
Ok, right Rico, what else did they say? But I just wish the people that ran the game, ran it like they did and didn't stop this. They need to be out-of-here, no more "GAME" and just help those that got taken in by it all, they should have known better and I know who else that might be now too, but you gotta be fare, so just let's get it right for once, just this once. I just feel like it's "aber niescht! all over again. Imagine John Belushi on SNL News and what his thoughts about this stuff would be like today! ><Tomasina ChicaWolverina!
|
|
|
Post by shewolfe on Sept 25, 2008 22:12:33 GMT -5
An economist on C2C said it pretty succinctly tonight. Imagine you are in a car headed toward a cliff and you've already passed the point of no return. If you slam on the brakes, you're going to go right over the cliff. So instead, you choose to put the peddle to the metal, flooring the accelarator in a vain effort to gain traction in the air once you go over the cliff. What you will acheive is a few more moments before you crash. Instead of heading straight down, you'll loop down in a graceful parabolic descent. The result will be the same, but you will have put if off a few moments. Hope you got my meaning. It's only a metaphor. Actually, thank you for that metaphor, though for me it had a ring of surealism, cause my father died that very way, he accelerated at the corner and flew over the cliff and down a 25 foot embankment. We never knew why he took that corner that way, that killed him. Thank you because that seems to make sense. His friend who was driving with him survived, and he told the story as to what happened...they were approaching a very sharp corner in the road, and his last words were, "this corner is good"....so we never really knew if he committed suicide or what. Maybe he floored it, in one last ditch effort to keep from going over the cliff. Anyway, about this so called government bailout....it isn't a government bailout, it is a taxpayer bail out, I heard an average of $7,000 per person. Not sure of the details, but it's all over the Canadian news too....
|
|
|
Post by Roland of Gilead on Sept 26, 2008 5:08:27 GMT -5
I can't even pretend to understand it all. Just can't wrap my little brain around it. But, I listen to various economists and commentators. Some say we must do this, and other's say we ought to do nothing and just allow the financial institutions to collapse. If we do it, the ripple through the economy of not just the US, but the world will last beyond our lifetimes.
It's odd that it's more the Democrats that are siding with Bush, but with strong conditions.
Not many know, but there is also a $25 billion bailout in the works for the auto industry. This one, I might like, but again only under certain conditions. The US Auto Industry could still be the world's best, but only if they re-tool and start making cars people really want.
|
|