Keeping cancer alive: bailouts for autos, financial leeches, global warming

[vulture]

Quote from vhehn:

which is better. a trillion on needless war spending or a trillion on productive projects?

That argument is moot, since war spending isn't going away anytime soon.

 

[JamesVU2000]

we are 100 percent on the path to blowing up the economy forever.

 

[kiwi_trader]

Quote from RedDuke:

If it was only this way. Do you truly believe what you wrote about conservatives.? If yes, you are too naive.

There are pretty much no difference between republicans and democrats. Some minor thing here and there. The process allows vast majority to pick their side and release the fumes via elections and few other processes.

Raw capitalism is just as bad as raw socialism. You just make the best out of situation and try to excel.

Naivety is one of the charming aspects of American (USAnian) culture.

With the simplistic arguments and apparently strongly held beliefs behind them that you see here, is it any wonder that no-one here can pick a market turn?

 

[nutmeg]

Quote from hoodooman:

Hey Buggsie. You left out the part about conservatives believing in corporate welfare.

Corporate welfare is the result of two things.

Regulatory action or taxes have caused corporations from performing some action as result (A negative re-action, they screwed up) and the gov't is not interested in changing the rules or the law.

The gov't wants to motivate an action.

 

[Gabfly1]

Quote from RedDuke:

...Raw capitalism is just as bad as raw socialism...

Exactly. One extreme is hardly ever a suitable solution to the other. It's a little like feeling very cold and then lighting yourself on fire to warm up. But good luck trying to explain that to some of the two-dimensional cartoon characters here. They almost uniformly favor the Ayn Rand flamethrower.

 

[peilthetraveler]

Quote from JamesVU2000:

we are 100 percent on the path to blowing up the economy forever.

But at least we are doing it at 110% efficiency. First time in history the government has ever been so efficient at doing something.

 

[hoodooman]

But at least we are doing it at 110% efficiency. First time in history the government has ever been so efficient at doing something.
--------------------------------------------
YOU NAILED IT.

 

[Buzzed]

Quote from maxpi:

The economy will pull itself out in spite of the bailouts. Twenty years from now it will be viewed as a victory for the Left and Obama will be in the Left's hall of fame with FDR... we live in a world that is absolutely inundated by lies.

If your post wasn't sarcasm, I would have responded with:
"I disagree. In 20 years, I see a recession again, except this time caused by high taxes to pay for what the government is doing now."

We might not even have to wait that long. If history serves us correctly, the FED's actions should cause havoc on the economy with the rapid inflation we are going to experience in 2012.

 

[piezoe]

Quote from pspr:

Here is what it boils down to.

Conservatives have a core belief that people should work and be rewarded for the work they do. If you want to better yourself you must start something that people want or offer work and knowlege that is valuable to people or business. In other words, you make your own future by the work you do.

Liberals believe that those who have worked and made good money should be required to support those who don't work or who haven't been able to make a good living regardless whether is was from laziness, ineptitude, health problems or anything else.

Since most in America are willing to give to help others less fortunate and many believe government should be a part of this giving, there are those with money who support the liberals (democratic party).

Also, those who benefit from government help (handouts) are likely to support the liberal ideals as opposed to the "support yourself" belief. Those who are in this category greatly out number those who have done very well so they flood the voting booths when it's time to vote.

Throw in the unions who want handouts and guarantees for workers (who are usually not well to do) and a few other lower income groups and suddenly you have the majority in the country thinking those with money should support those without money and the government should make this happen.

Bottom line thinking:
Conservative: Work and make your own life.
Liberal: Take what you can from those who have what you want.

It don't agree.

I think the basic difference between the two the main schools of political thought in the U.S. is that one group believes that money makes people happy, and the other school believes that you can make people happy through collective action.

I would say what you described as "conservative" relates more to a philosophy that usually includes fiscal conservatism as well -- and those kinds of conservatives can be found in both schools of political thought i've described above.

What you have described as "liberal" does not fit any of the classical definitions of liberal. Perhaps you meant "radical".

When used correctly, the terms "liberal" and "conservative" are not at all incompatible, as a person may be both at the same time.

This misuse of the terms "liberal" and "conservative" for various nefarious political purposes has made them both less useful and more nebulous.

 

[wilburbear]

Now a casino bailout

http://abcnews.go.com/Blotter/moheg...eceived-54-million-stimulus/story?id=10889408