everyone is concerned about the money going to gm to keep jobs
AIG sent 90 bil to germany and china of their money from the bailout
thats 3 or more times the money going to gm and not one american job saved.
dont hear anything about this. this money was used to pay insurance on bad
our bought and paid for congressman from the southern states who used their
to bring foreign manf. in say nothing about it, going on TV about GM sell
How much money do we give to the saudies and others, and maintain military
in germany and korea for years and getting nothing in return. I dont think
we even export any cars to korea, but they are sure flooding our markets, i
would like to know about this trade agreement, somebody must have got a lot
of money in their (reelection funds) to be used to employ all their family
members, and payoff others
AIG should have been allowed to bankruptcy, and the hedge funds that
bought the insurance should have taken the bullet, but the fear was it
would bring down the whole economy big time.
People buy what they think to be the best bargain. All things
considered the imports are the better value when it comes to and
individual's finances. Driving a mile down the road in an American
made car can be pretty expensive. The economics and business model of
American made iron got out of control and all it took was some decent
competition and now we now see the result. GM will be back after
bankruptcy but it won't ever be the old GM we knew.
Health care costs and other legacy costs caught up with GM and
Chrysler soon Ford is going to have to also deal with these things.
Obama. There is a flash on it at the Drudgereport site:
As long as there are printing presses the Detroit Duds will suck our tax
money up. Of course there are consequences: Weimar Germany of the 1920s.
Correct. At some point the currency will devaluate into hyper inflation.
$400 barrel for crude, $10 gallon for gasoline, quite realistic actually.
Possibly optimistic. The US government is getting close to trippling the
money supply since last September yet the economy has shrunk.
Unfortunate that so many at the top of government are so stupid. I know
believe I understand why native indians could take a herd of buffalo and get
them to jump right off a cliff.
Governments are unable to borrow money because the credit rating is
sub-zero. The US Fed relies on creating new money as they are unable to
raise and borrow the upcoming 1 to 2 trillion dollar deficit. In time this
translates into currency dilution, otherwise know and devaluation of the
dollar and inflation.
The course government is on right now is commonly agreed to a not
Yes, the US government is broke, like GM it is running on debt with the
added advantage money creation to dig even a bigger hole. But in the end
it's ballon to will drop.
As I see it, the government can print more paper, or tax everyone more, or
And "both" is probably what will actually happen.
We cannot sustain the levels of spending, waste, charity, and incompetence
gotten us neckdeep in ooze.
We are long overdue a massive overhaul of government...Not just a change in
personalities, but a complete housecleaning.
Me, I am thinking anarchist for say 5 years. The whole concept of
government in DC and Ottawa is now defunct. Let them close their doors in
Why not let the citizens vote directly on the bills, financing, bailouts and
the like? The politicians then would have to sell the idea to the people on
how their money is spent. And not behave like freaking thieves.
Maybe even have annual votes. Just like employees do. We get to rate them
and if they fall below par we get an election. (fire the loser).
It isn't like a horse and buggy has to go from LA to DC in 3 months to tally
And if it is verification you want because it is electronic, concurently
post you vote to Rep, Dem, government, ABC, MSNBC, FOX all at once. So we
know that government isn't fixing the vote.
Oh hell no. I don't think the average person has any concept of
"enlightened self-interest" merely only "self-interest."
What we really need are elected representatives who are thoughtful, have
the best interests of the country at heart, and fill their staff with
real experts and listen to their advice.
Sadly qualities like "photogenic-ness" and "likeability" seem to have
more weight than "intelligent"
replace "roosters" with "cox" to reply.
I remember the hanging chads, but dont know that it would have made any
in the final outcome. IIRC, there were recounts, but they did not overturn
The president is only one of the problems. There are 100 senators and 435
many of whom are self serving porkers.
I am not sure we can afford this level of "democracy".
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