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Thread: Is there anyone not concerned with the economy?

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  1. #1
    IA KING
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    People defending the war to employ 400,000 people is just dumb. Do the numbers we are spending over 12 BILLION dollars a month that is a cost of 30,000 per person per month. I hope you feel we are getting our money's worth b/c we have 2x that amount in the construction industry on the unemployment line.

    My answer is to make Iraq pay us back w/ Oil, shift efforts to Afghanistan lay waste to the mountains and show off our WMDs. Bring the Military back and put them to work securing our borders. 12+Billion a month can go towards our stimulus plan.

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    Moderator BanginJimmy's Avatar
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    Quote Originally Posted by admin
    People defending the war to employ 400,000 people is just dumb. Do the numbers we are spending over 12 BILLION dollars a month that is a cost of 30,000 per person per month. I hope you feel we are getting our money's worth b/c we have 2x that amount in the construction industry on the unemployment line.
    And this single bill will cost more than 5 years did in Iraq. At least some good will come out of that, this bill will fail just like the last one. The the president will come on TV and say that these are desperate times and the govt must nationalize the banking industry until the crisis is over.

    How many bailout plans must be tried before people figure out that they dont work. The roots of this come from congressional prying into private business, yet some people think that same govt is going to fix it? That is beyond just a bad joke.

    Quote Originally Posted by admin
    My answer is to make Iraq pay us back w/ Oil, shift efforts to Afghanistan lay waste to the mountains and show off our WMDs. Bring the Military back and put them to work securing our borders. 12+Billion a month can go towards our stimulus plan.
    I agree that we arent getting the money we should be getting from Iraq. IMO Iraq should not have a single dollar in surplus while American troops are there. All fuel used should be paid for with Iraqi money, all infrastructure money should come from the Iraqis. This has been one of my biggest issues with the handling of this whole thing.

    As I have said before, let the French, English, Germans, and Italians pay us back for WWII. That will completely eliminate the national debt and leave enough money to give every american a couple hundred thousand dollars.

    They can use all the big bombs they want to and I wont lose a minute of sleep. Iran isnt even keeping it a secret that they are supplying and supporting terror groups. Nuke Tehran. Syria and Lebanon are turning a blind eye to training camps, nuke them.

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    A.D.I.D.A.S. §treet_§peed's Avatar
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    Quote Originally Posted by BanginJimmy
    And this single bill will cost more than 5 years did in Iraq. At least some good will come out of that, this bill will fail just like the last one. The the president will come on TV and say that these are desperate times and the govt must nationalize the banking industry until the crisis is over.

    How many bailout plans must be tried before people figure out that they dont work. The roots of this come from congressional prying into private business, yet some people think that same govt is going to fix it? That is beyond just a bad joke.



    I agree that we arent getting the money we should be getting from Iraq. IMO Iraq should not have a single dollar in surplus while American troops are there. All fuel used should be paid for with Iraqi money, all infrastructure money should come from the Iraqis. This has been one of my biggest issues with the handling of this whole thing.

    As I have said before, let the French, English, Germans, and Italians pay us back for WWII. That will completely eliminate the national debt and leave enough money to give every american a couple hundred thousand dollars.

    They can use all the big bombs they want to and I wont lose a minute of sleep. Iran isnt even keeping it a secret that they are supplying and supporting terror groups. Nuke Tehran. Syria and Lebanon are turning a blind eye to training camps, nuke them.
    hell im with you on that last part. i wouldn't loose second of sleep, well, yeah i would. i would like to see the explosion. if they needed some one to push the button, i would be more than happy to.
    You know better; next time will be a ban.

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    I don't care cwhiteboy's Avatar
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    Quote Originally Posted by BanginJimmy
    ...The the president will come on TV and say that these are desperate times and the govt must nationalize the banking industry until the crisis is over.
    Didn't this kinda already happen in the 30's. Something called the Federal Reserve.

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    Quote Originally Posted by BanginJimmy
    And this single bill will cost more than 5 years did in Iraq. At least some good will come out of that, this bill will fail just like the last one. The the president will come on TV and say that these are desperate times and the govt must nationalize the banking industry until the crisis is over.

    How many bailout plans must be tried before people figure out that they dont work. The roots of this come from congressional prying into private business, yet some people think that same govt is going to fix it? That is beyond just a bad joke.
    actually the bill now from what i heard is more like 700 billion and that is less than iraq and it isn't going to be immediately spent into the market so in the grand scheme of things it is far better than spending money in iraq. whether it will work or not - i think the first stimulus plan was retarded and should of been spent better and the bank/auto bailout should have massive oversight and check/balances. if the banks were able to spend billions in compensations + bonuses at end of year then they should have the money to pay back what they took from the american people.

    i think alot of what i have heard that is in the bill is stuff that mainly infrastructure needs that have been over looked. there are over 1 million people unemployed just in the construction sector so things like this will surely help but only if there are checks/balances. the problem w/ our gov't is we get money to spend and we give it to our friend who is higher priced than competitors so we can get a cut under the table. this has been happening forever especially with military contracts.

    as far as nuking the middle east i'm all for it - include isreal in that and lay waste to the "Holy Land" - let them all go meet their maker

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    Moderator BanginJimmy's Avatar
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    Quote Originally Posted by admin
    actually the bill now from what i heard is more like 700 billion and that is less than iraq and it isn't going to be immediately spent into the market so in the grand scheme of things it is far better than spending money in iraq. whether it will work or not - i think the first stimulus plan was retarded and should of been spent better and the bank/auto bailout should have massive oversight and check/balances. if the banks were able to spend billions in compensations + bonuses at end of year then they should have the money to pay back what they took from the american people.
    I think it was like 780B so it was actually less than either the house or senate bills with was suprising. Do you really think there is going to be more checks and balances in this bill that the last one? No, not a chance. Giethner had 3 months to come up with a plan for the use of the second half of the TARP and made a big deal out a press conference to lay it out. Then said absolutely nothing about how it was going to be spent.

    Where is all the transparancy that this administration promised during the election? Why are the discussions being held behind closed doors on this new package?

    As far as bonuses go. None of them went to upper management. They went to the mid level guys and traders if they hit earnings goals. According to MSNBC, those traders only make about 20k per year before you add bonuses. Take away those bonuses, how many quality people do you think you will get to take a job? To expand on that, if you go with Obama's 500k compensation limit for top execs, how many guys do you ink you will find that have the brains to get a BoA out of the financial mess they are in now?

    Quote Originally Posted by admin
    i think alot of what i have heard that is in the bill is stuff that mainly infrastructure needs that have been over looked. there are over 1 million people unemployed just in the construction sector so things like this will surely help but only if there are checks/balances. the problem w/ our gov't is we get money to spend and we give it to our friend who is higher priced than competitors so we can get a cut under the table. this has been happening forever especially with military contracts.
    Most of this bill is not infrastructure needs and while the infrastructure needs updating, very few jobs will actually be created. It will be years before there are any projects that are ready for the first shovel. The bidding pocess alone will last for nearly a year. Those 1 million construction workers that are out of work are the ones that built sub divisions, not sky scrapers and roads. It is a completely different set of skills. Of those 1 million, at least 900k are still out of work with this bill.

    The problem with our govt is politicians. They are all crooked, from the top down. Not a single one of them can be trusted to even pay their own taxes. 3 senators are currently under investigation. 2 Cabinate members had tax issues that the IRS just let them pay up and be square with, maybe because it was the tresury sec that had the tax issues? 1 more that withdrew because of tax issues. Another nominee withdrew because he was under investigation for a pay to play scheme. Obama ignoring his own ethics and bringing 3 lobbiests into his cabinate? Who do you think is going to provide the checks and balances in the goup I just mentioned? The tax cheats or the lobbiests?

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