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    Banking....Simple Problem....Simple Solution

    Was the house invented in the 1900’s? People must have lived in tents before that because obviously they would never be able to get a loan to buy one. Right? You’d be able to afford a house because it would cost a lot less. Fractional reserve banking creates higher prices which just...
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    Banking....Simple Problem....Simple Solution

    How dare you suggest something that will result in banks making less money, stops inflation, stabalizes prices, keeps home prices affordable for new buyers, slows the gradual rise in stock prices, slows corporate profits, narrows the rich/poor gap, and generally helps the little guy. Seriously...
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    Threads deleted

    This is the second time in the past 2 weeks a thread I’d been reading and contributing to has been deleted. I click the link on the email and it’s gone. What’s the point in making a thread if it just gets deleted? Is this thread gonna get deleted?
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    If the banks go.. so goes America!

    So let me get this straight. Our financial system created this mess in the first place, and the way to fix it is to bail out the system that caused it. Isn’t that sort of like curing lung cancer by smoking more cigarettes? We need a complete overhaul with our financial system and the first...
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    Is something not right?

    Very interesting perspective. So you think that the market dynamics are the same in Europe? They are just less greedy there and try to look out for the common good? I guess I’d like to believe that, but wouldn’t that go against human nature? If we forced redistribution would that hinder...
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    Is something not right?

    Exactly. You’re right on. Dems redistribute to the poor. Repubs redistribute to the causes you mentioned. I’m not an economist, but I’d say corporate greed has done away with the legitimacy of supply side economics. Giving huge tax cuts to corporations and the rich and hoping it will...
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    Is something not right?

    The other side of the story is never mentioned. If we didn’t have everything made so cheaply in other countries, that means there would be more higher paying jobs here. So yes everything would cost more, but people would have better paying jobs to pay for it. Plus it would improve efficiency...
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    Is something not right?

    You’re stealing my idea. I was going to try to print up a bunch of t-shirts that said, I didn’t leave the Republican party, the Republican party left me.
  9. S

    Is something not right?

    Dude what’s your beef with the Post Office? You can send a letter anywhere in the country for 42 cents in 3-4 days. That beats the private market UPS and FedEx any day. Although they are usually better for large packages. Something doesn’t need to be in the Constitution. Laws need to...
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    Is something not right?

    Anyway you put it, I don’t see how job creation isn’t anything but a redistribution of money. That’s pretty much how everything is. If you want to make $1, you have to go make it from someone else. It’s a zero sum game. The goal needs to be using the market to narrow the rich/poor gap...
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    Is something not right?

    Well we know who the one is that voted for option 1 on the poll is. Yes, well the same people who wrote the Constitution, wrote that all men are created equal. That they are endowed by their Creator with certain unalienable right, among these life, liberty, and the pursuit of happiness. But...
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    Is something not right?

    You’re right that most of the jobs and growth in the past were due to borrowed money and inflation and deficit spending. It was completely fake. We have not had a legitimate jobs boom since the tech era. How do you create jobs? It’s pretty simple you have to find ways to take from the...
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    Is something not right?

    What I mean is this stimulus package is by no means ideal. But after the trillions in bailouts given to financial institutions that are arguably not even good for America, why shouldn’t the little guy get $500? Corporations for the most part have done quite well in the past 8 years, but the...
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    Is something not right?

    Well I think it’s fundamentally wrong to take from one and give to another, which is mainly what Dems advocate in one way or another. That won’t bring about equality, it will just encourage inactivity. But the Republicans just don’t recognize the problems everday people are facing...
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    Is something not right?

    I don’t change party affiliations based on my life results. If I ever get rich or famous, people will be able to say they knew me when I was broke and I was still a Republican then. I just thought Republicans believed in making the free market work for you, I realize now they have simply...
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    Is something not right?

    Exactly. Every time I focus on issues around here, nobody wants to talk about it. All they want to do is talk about the big screen tv they heard some foreclosed home had in it. Try to talk about health insurance going up 10% a year. Not going to happen. Talk about the crumbling job market. I get...
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    Is something not right?

    I made the mistake of turning on Rush yesterday. He was defending the 50 million dollar Citi jet. He’s really lost it. On inauguration day, I accidently turned on Hannity. He was going crazy about the 140 million spent on the inauguration. He said they should have scaled it back due to the...
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    Poll- High school diploma or GED to vote

    Exactly. If MBA’s are so smart, then why didn’t they see this whole economic debacle coming? What’s next? A poll tax. IQ test. How about a financial statement before you can register to vote? I mean, while we’re at it, we should ban poor people from voting. Now, a social studies test...
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    Is something not right?

    Is it just me or is everything out of wack here? For 8 years the Republicans have run up our national debt by 5 trillion dollars. We did nothing to fix the 50 trillion dollar Social Security tidal wave coming our way. We instead never saw a spending bill we didn’t like. How much was the unpaid...
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    Bac

    Yes the government will not let Bank of America fail, BAC however will be wiped out. There’s a difference. It popped to $7.50 right now. I still say it will hit $1 before $10. I can’t wait for this to crash.
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