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And government ownership of banks.

Posted By: What's that about? Socialism maybe? nm on 2008-10-14
In Reply to: So those corporate welfare deadbeats - and their bottomless bail-outs....sm

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First of all, you cannot equate gun ownership with abortion. sm
It's like the analogy above about a wart and a child. It's by pidgeon holding abortion in these terms that legal abortion was passed in the first place.  Abortion is not a *right* in my opinion.  It is murder.  Since when does anyone have the right to murder another human being?  Oh, I know, life doesn't start until the first breath.  Well, that's your belief.  The fact that God may not have willed the way a person came into the world, does not mean He has not planned a purpose  for that individual.  Long before anyone is conceived, God’s purpose for that life is foreseen.
For those of you who think that loss of gun ownership can't happen here...
http://shock.military.com/Shock/videos.do?displayContent=177117&page=1&wh=wh
Banks

Out of 10,800 banks in this country, only .5% of 1% of the banks failed...............


which means Obama should have left it all alone.  If he truly had people around him that cared about this country, they would have informed him to let the banks fail, that there were plenty of strong ones out there and he should just let the chips fall where they may. 


He has stuck this country to the tune of trillions and we will be paying the price big time in a year or so when the inflation boom hits......   he preyed on fear, knowing so many would just think he suddenly knows the best thing to do.  The best thing to do was nothing.  Private companies fail all the time and the stronger ones survive.  Simple as that.  Strong ones buy out the weaker ones.  That would have happened with no interference from the governement at all, as usual!  Just like all the car manufacturers aren't failing.  Fiat is looking at buying Saturn..... and life goes on.  Private businesses should always be left alone.


The only reason AIG got such a big bailout is because many democratic friends of Obama and his cronies work there.... the names aren't that hard to find but you have to look for who knows who to start getting the picture.  Such a pathetic shame!


And if the gov't had not deregulated banks,
brought about by pubs.
Deregulation of what, may I ask? Banks,

Two more banks go belly up..... sm
bringing the total to 19 failed banks now. 

http://money.cnn.com/2008/11/07/news/companies/bank_failure/index.htm?postversion=2008110721&eref=rss_topstories
don;t forget foreign banks
successfully lobbied to be included in this bailout.  (John McCain's financial advisor Phil Gram is head of USB, Swiss bank)
it is called "job banks" and -
http://www.foxnews.com/politics/2008/11/21/automakers-ask-bailout-paying-workers-sit/

Here's the link to read all the information. They can do volunteer work for the community if they want to - but it is not required. Mostly they just sit there and collect the $31 an hour.
It should be $$ for banks, big oil and wall street, right?
x
And banks didn't have a choice?
They loaned money to people to buy McMansions that they could not afford - on purpose. The housing industry was booming. That way, they could forclose on these bad loans - keep the down payments and subsequent payments and resell the house. They were trading paper. Maybe you ought to educate yourself. Nah. Too far of a stretch. After all, the constitution-abiding president who just slunk off with his tail between his legs wasn't at all concerned about civil rights or the constitution. He was playing monopoly and destroying everything in his path - like rich, spoiled little boys do. You know, the ones who go AWOL from their service and receive no punishment. He probably still suckles grandma Barbara.
Oh, I get it. Kinda like the bailed out banks
I feel so much better now.
How many mortgages got sold to other banks?
Look at the big picture. They were selling houses to anyone who would sign on the dotted line - they did not give a fig whether or not you could afford it. They then boxed up a pile of these mortgages and sold them to other banks or mortgage companies with the premise - here's a box of rocks, there's gotta be a diamond in there somewhere. They WANTED these mortgages to fail. The housing market was booming - take the down payment, pass the mortgage around - foreclose on hapless patsies - and resell the house. They were MAKING MONEY OFF OF DOING THIS!!! But, they got greedy, and that box held all rocks and no diamonds. They screwed themselves as well as the American people who fell for this sham. But who is going to suffer the most?
That happened when the **banks got drunk**
//
This is truly socialism. These banks and rich Wall
Street types would be crying out if they gov't did this for the people, but they are begging for the help now. They had better come up with a plan that includes not big pay days for CEOs, etc. I was watching The View and Whoppi said they need to include something for the people, like wiping out half of the mortgages so the actual people who will benefit the economy, i.e. us because we spend money here in the U.S. can get back on our feets and go out and put some money back in the economy and not have to worry about losing a home, etc. I totally agree with that, but I can pretty much guarantee that will not happen.
Marx: Centralize credit in the banks.
private property. Right any bells?
How about Bush's plan of buying banks?
What's that called?
A Quiet Windfall for US Banks (While You Weren't Looking)

Here's you starter-kit that went under the radar screen, tax and spend lovers...


» Washington Post: A Quiet Windfall for US Banks


Who gave the banks all that money with no oversight?
This site would be much more interesting if you knew what you were talking about. You'll be sniveling in the bread lines along with the rest of us as a result of Bush's "I'm the Decider" BS. Better add some vodka to that Kool-Aid - it's going to be a miserable ride.
Same with the banks - they've lost MY business,
- if EVER. Take my Mastercard, for instance. Been a loyal customer, same bank for 30 years, yada, yada. Always make my payments, often in full, and other times way over the minimum. Never late, my checks don't bounce. So they raise my finance charges from 9% to 29% in one fell swoop!

Needless to say, that's it for me. I cleaned out my bank savings (which was only earning about .02% interest), and paid off the Mastercard with it. Will close the account. Now that there are checking account debit-cards, who needs the charge card? Plus it'll keep me from spending more than I have. In a dire emergency, I can always siphon a little out of my money market (which still earns something like 4-5% interest) to pay for emergencies in FULL, without running up credit card fees. So, there goes part of the banks' income!

If all of us rearranged our finances in such a way that we pay NO fees or finance charges, maybe the banks would have to find an HONEST way to make a profit. Wouldn't THAT be a revelation.
She said ACORN bullied banks into giving the loans....
she just said Obama was associated with them. ACORN did bully banks, and Obama WAS associated with them, through Project Vote. He trained the ACORN folks how to get out and get people registered, hired them to work on his senate campaign, and ACORN endorsed him. And they are under investigation for voter fraud in ALL the swing states. Admitted in Ohio today: yes, there will be fraud, its not our fault, we can't check every registration. Sounds like "He was just a guy in the neighborhood" excuse. Looks like he taught them well.

This guy is so dirty.
If socialism doesn't work - then why did W give the banks all that $$?
nm
Bush made Wall St Socialist and our banks so why do you even bother
We have socialism now but it's not the poor you blinded bigot.
"Evil" is George Bush, Wall Street, the Banks,
NM
Your precious Bush turned Wall St socialist and the banks TRUE
you voted for him and look what happened SOCIALISM by BUSH
They don't want to run the government...
You are exactly right. And that is twisted beyond belief in my opinion. That has absolutely nothing to do with protecting this country or what is best for the country as a whole. It is personal, and like you said, revenge. I wish every state in the nation would do a recall of senators and reps if they start down that road, though I doubt that would ever happen. I saw another post that likened it to fiddling while Rome is burning. They just really do not have a clue. Not a clue.
You bet the government could come up...
with the money to fund the rest. It's called raising taxes, the Democratic mantra. What would Jesus do? I have no doubt that Jesus would say it was the responsibility of parents to take care of their children, for one. I am sure he would also say that a country that murders millions of babies every year has bigger problems than free health care. I am thinking it would be hard to take you seriously. But that is just me.

Don't get me wrong. I think the rest of us should take care of those who truly cannot take care of themselves. I just do not believe this qualifies. Instead of making the hard choices, trying to cut costs, finding better ways to make health care more affordable by tax cuts for those who pay health care premiums, etc., the Democrats want to do what they do so well...dangle something "free" in faces of people at election time. Clinton promised it, and what they came up with was socialized medicine, which went nowhere, thank God. Democrats just want to add entitlement after entitlement, tax us into oblivion and keep us tied to the government apron strings. Otherwise they would look at solutions like tax cuts for those who pay their insurance premiums. But..oh wait. You don't want that. Because you have to pay the premiums to get the tax break, and you don't want to pay the premiums. Pardon me if I don't want to fund that logic.

Truly destitute people, yes, those truly in need we should do everything we can to help them and do. A family of 4 making 80K is not destitute.

How about this. If you want on SCHIP, you have to sign a paper acknowledging they are going to take an additional 3% in income tax on you from now on to offset it. In return you get your "free" health care for your children. No taxes raised on anyone else, including smokers (and no I don't smoke, but I don't think it is any worse asking smokers to pay for expansion of the program if you are not willing to pay for it yourself, after all, you are going to be a user of it).

That sounds like a fine idea to me. Oh, and raise income taxes on all Democrats 3%. That should cover it. Expand the program, users and Democrats pay for it. Sounds like a plan to me. Don't know what you make, but it would surely come to less than $12K a year.

Run that one by your Democratic congressman.

Have a good night!
so let the government tell us??
Sorry, I want less government intervention, not more, in my life.
How do you think the government will
continue to spend when they can't collect taxes to spend because most people don't have jobs and are in need of welfare?????  SOOOOO okay, let's keep fighting about party affiliation.  *IF* Obama is elected I sure hope he turns out to be the modern day FDR.
Government

When a president decides to buy banks, they call that FASCISM.  This is exactly what Bush has done.


Why do you not have a problem with that?


Are all of you so rich that you don't know what the middle class is going through these days?  This country is in a shambles, and people are suffering through no fault of their own.


It's HIGH TIME the plight of the middle class is acknowledged and some help offered.


This "trickle-down" theory is NOT working, and it's time to employ the "trickle-UP" theory.


You must really, really like big government...sm
...that will tax and spend us all right into the ground.

I was hoping he pulls to the center, but it's looking like the O is gonna be way, way left of everybody......yeah, real wonderful feeling, that....

Here's hoping the depression doesn't last too long....
Government knows what they are doing.

They are doing all they can to make THEIR life comfortable.  As long as they are getting paid and their pockets are getting filled with money......that is all they care about.  We can't trust our government.  Look at what trusting the government has done to us so far.  Our economy is in shambles and the government wants to blow over 800 billion dollars again.  This isn't going to fix our economy.  It is just going to raise government spending and leave an even bigger deficit than we already had for our grandchildren.  This stimulus package is a joke.  I am totally against it!


What I want to know is why can't the government start something that would charge companies who outsource production to other countries?  Let them open up a factory in another country but they have to pay a huge tax or something to do it.  Make it to where it isn't a good financial decision so we can keep the jobs we have now and create more.  That would help us MTs out as well.  What is the point of creating jobs in our country if companies can still up and leave to go to other countries?  Seriously....what is made in America?  Even foreign cars like Honda who have factories here in America.....that money still doesn't go to the US.  I know it employes Americans but the majority of the money there still goes out of the country.  I want American made goods made by Americans.  I also think people hiring illegal aliens should be penalized and fined heavily for doing so.  That would stop that crap too. 


So you would rather government

take your money, just like my money, and put it into a package where it gives money to this group and that group and this group over here and just hope that they use that money wisely and that it helps the people who need help?  Like I said before....that worked out swell when we gave money to the banks. 


I don't want my money to go for irresponsible people either but you know what....it is and it will.  You all talk about how everyone should have healthcare and how government should fund healthcare, through taxpayer money, so everyone is insured.  Yet you refuse to give money so people can keep their houses?  Yes, some were irresponsible and were just plain dumb in their decisions and yet some just got a raw deal during this tough time and got dragged down.


You all talk about conservatives flipping sides when a handout comes along but it sounds to me like all these liberals want to help others out until it comes time to give that help.  Healthcare for all paid by taxpayers.  You may not have a home and your kids may not have a warm bed to sleep in....but hey....you got healthcare.....whoooopppeee!


Maybe the government
should legalize marijuana and then tax the he!! out of it too.  They could make more money with all the pot smokers out there.
Sad. The Government is going to own all of us.
nm
Do you get that the government is sm
slowly getting more and more into the lives of the people and telling us what to do and how to live our lives?

This is nothing more than a quick road to total government control of everyone.

Just for arguments sake, they get the stupid "permit." That is nothing but money for the county. The county doesn't care about all these rules and neither do the neighbors. If the folks get their permit and things are the same and don't change.....same amount of people, every week, etc etc, don't you think somebody will find something else to complain about regarding this group?

This is a bunch of nonsense and Christian persecution that Jesus himself said would happen in the last days. Wake up.
Not exactly. The government is getting

100 cartons since 2005, not 1981.


So they don't have to pretend to say anything.  They've got documentation from the vendors.


Okay...if our government

tries to stop us surfing porn sites....that is where I draw the line.  LOL!   


 


If you think the government isn't watching you...think again.
Pay too much and you could raise the alarm

By BOB KERR
The Providence Journal
28-FEB-06

PROVIDENCE, R.I. -- Walter Soehnge is a retired Texas schoolteacher who traveled north with his wife, Deana, saw summer change to fall in Rhode Island and decided this was a place to stay for a while.

So the Soehnges live in Scituate now and Walter sometimes has breakfast at the Gentleman Farmer in Scituate Village, where he has passed the test and become a regular despite an accent that is definitely not local.

And it was there, at his usual table last week, that he told me that he was madder than a panther with kerosene on his tail.

He says things like that. Texas does leave its mark on a man.

What got him so upset might seem trivial to some people who have learned to accept small infringements on their freedom as just part of the way things are in this age of terror-fed paranoia. It's that everything changed after 9/11 thing.

But not Walter.

We're a product of the '60s, he said. We believe government should be way away from us in that regard.

He was referring to the recent decision by him and his wife to be responsible, to do the kind of thing that just about anyone would say makes good, solid financial sense.

They paid down some debt. The balance on their JCPenney Platinum MasterCard had gotten to an unhealthy level. So they sent in a large payment, a check for $6,522.

And an alarm went off. A red flag went up. The Soehnges' behavior was found questionable.

And all they did was pay down their debt. They didn't call a suspected terrorist on their cell phone. They didn't try to sneak a machine gun through customs.

They just paid a hefty chunk of their credit card balance. And they learned how frighteningly wide the net of suspicion has been cast.

After sending in the check, they checked online to see if their account had been duly credited. They learned that the check had arrived, but the amount available for credit on their account hadn't changed.

So Deana Soehnge called the credit-card company. Then Walter called.

When you mess with my money, I want to know why, he said.

They both learned the same astounding piece of information about the little things that can set the threat sensors to beeping and blinking.

They were told, as they moved up the managerial ladder at the call center, that the amount they had sent in was much larger than their normal monthly payment. And if the increase hits a certain percentage higher than that normal payment, Homeland Security has to be notified. And the money doesn't move until the threat alert is lifted.

Walter called television stations, the American Civil Liberties Union and me. And he went on the Internet to see what he could learn. He learned about changes in something called the Bank Privacy Act.

The more I'm on, the scarier it gets, he said. It's scary how easily someone in Homeland Security can get permission to spy.

Eventually, his and his wife's money was freed up. The Soehnges were apparently found not to be promoting global terrorism under the guise of paying a credit-card bill. They never did learn how a large credit card payment can pose a security threat.

But the experience has been a reminder that a small piece of privacy has been surrendered. Walter Soehnge, who says he holds solid, middle-of-the-road American beliefs, worries about rights being lost.

If it can happen to me, it can happen to others, he said.

(Bob Kerr is a columnist for The Providence Journal. E-mail bkerr@projo.com.)

(Distributed by Scripps Howard News Service, www.shns.com.)

Hmm, I would say most do not trust government.sm
Fear and paranoia are a given, they instill it in us 24/7. Viewership of MSM outlets is way down, so I guess Fox would be #1 with just Bush supporters. I want truth and accountability from the media and our elected officials period. I dumped the Republican party because we are not getting truth or accountability. I will vote for the first candidate that does something about it.
I still don't believe government-controlled...
or provided insurance is the answer. Just today read article about how a bunch of women from Canada who had problem pregnancies had to come to the US to have their babies because of the socialized medicine in Canada because...news flash...you can't put a pregnant woman on a waiting list for treatment because babies are born when babies want to be born...and that is what happens when the government administrates health care. Waiting lists...substandard care...and on and on and on. The VA is a government administered health program...go ahead and tell me THAT works. We need to come up with a better plan than socialized medicine...like prioritizing social spending. If you really want to insure all kids, then give their parents a big tax break for insuring them themselves...don't extend entitlements higher and higher up the income ladder. Sorry, but that makes no sense to me. When the troops come home and the war is over, you can talk about that money then. It is nonstarter while we still have troops in combat, no matter who sent them or why (and by the way, it was not George Bush personally, it was your duly elected Congress). We have to fund them while they are in combat. I don't think even the most liberal (no matter what the definition is) would be for withdrawing funding while we still have men and women in combat.
I don't think the government owes me a job
I just don't understand why they go out of their way to send our jobs overseas. The government's job is to protect and serve the American people - not the people of other countries. They need to work for US. The same goes for businesses. If they start ditching American workers for cheaper overseas labor, then who is going to buy all of their products? Americans won't have the money because we'll be jobless!
Yes, but the government shouldn't be
encouraging companies to outsource either. Our country has way messed up priorities when the only people making big bucks are entertainers and greedy CEOs. Meanwhile, we've got unemployed people and poverty. Hey, let's send our money, our technology and our private data to a country that HATES us.
And put in the hands of government?
No thanks. Every time government manages social programs it fails miserably.

The (unregulated) free market is the best way to handle health care another other things.

The problem now is government has their hands too much into the pot with regulation via the insurance companies. You think it's bad now wait until the government has sole control.
Name 1 things Government does well?
1. The post office? Waited in line lately for stamps or to mail a package?

2. Waited in line to renew drivers licence lately?

Compettion is what drives prices down, not mandates form the government
Is that all you got? I think the fact that she can run a government....
which she has been doing, and well too...and still cook for her kids (let the chef go when she was elected), travels on her own dime (got rid of the state jet)...and still have time to see her kids' hockey games is nothing to sneeze at. She does not have to do one to the exclusion of the other. You sound jealous and snippy. Geez.
government controls
the VA system and I know from experience how well that works!!! NOT!! The VA physicians who dealt with my father diagnosed him with an umbilical hernia that turned out to be a huge tumor and he died two weeks later!! He waited for months and months to even get in for a consult through the VA system and that never did happen, as I took him to a local ER and that same day they diagnosed him with end stage colon cancer. He had seen several physicians within the VA system for years. With the government controlling THAT and then they want to control MY healthcare as well? ARE YOU KIDDING ME???? I may have to pay for my insurance but at least I get better healthcare than if the government steps in. I'm so tired of people whining about what the government owes them!! How about people doing for themselves? Everyone goes through hardship. BOOHOO!! I have myself and ya know what???? I got back on my feet by HARD WORK!!! Don't hear me all crying about what the government owes me!!

People need to WAKE UP!!! We all need to take responsibility for ourselves and help who we choose when we choose, not because the government is taking money out of our pockets and telling us who we will help.

VOTE FOR MCCAIN!
Do you think our government should bail out FM/FM

Just wondered what everyone thinks about this subject.  I haven't seen it discussed yet and if it has been sorry.  Do you think the government should bail out these two institutions and if so, or not so, why?


I heard someone on the TV today (didn't recognize the name but he's an idependent) he asked the question, so is it going to be the people who make $30K a year the ones who pay for this or the billionaires and trillionaires?  I thought that was a good point.


Also I heard that one of the guys in charge (forget his name right now) made over $90 million and he isn't paying anything.  I would think that if you make over $90M on this and you run it into the ground you should have to forfeit whatever you made and pay it back (but that's my own opinion).


 


Why states' government is just as

Just to narrow their choices down to who they want instead of letting the people decide, as in a free democracy, even the states are changing their rules without the knowledge of its citizens..........


http://www.ronpaulforpresident2008.com/editorials/URGENT_Party_Switching_Deadlines.html


 


Maybe he should run for some other government office.

He is soooooo right, the less government does,
http://www.eclipptv.com/viewVideo.php?video_id=3304&title=Ron_Paul_on_Fox_Business_Oct__3rd__2008__Pre_Bailout_
Government sponsored god

I don't think I want to see that.


Your post that Jesus loves us even if we don't love him put a song running through my head.....Alzheimer.........what's the name of it, "He loved me ere I knew him, so all my love is due him...."  What's the NAME of that hymn?????