So I just had a KFC value meal...

Scataphagos · Jul 23, 2009

Just last night, there was a show on PBS... about countries going "Full Commie" with the Socialism...

Chile went bankrupt because of it and the Salvatore Allende's government... was overthrown by a military coup... they change to a more capitalistic economy (thanks to guidance from Milton Friedman), government cut expenses by 27%, and the poverty rate dropped from 40% to 13% (which is similar to USA).

The show discussed Japan... "Socialistic Superpower!!" at one time... now, effectively bankrupt!

And we, in America are SO STUPID, OR SO GREEDY FOR FREE ICE CREAM.. we're going down the known path to bankruptcy... and for what, empty promises? Everybody can have everything so long as somebody else pays for it?

TGregg · Jul 23, 2009

Quote from Scataphagos:

History shows that when a country goes "Full Commie", the socialistic system goes bankrupt and THEN you have to start over with something else.

Why is it we are not smart enough to avoid this?

Because the people getting the freebies either won't be around when the place goes down the tubes, or they just don't care.

Scataphagos · Jul 23, 2009

Quote from TGregg:

Because the people getting the freebies either won't be around when the place goes down the tubes, or they just don't care.

Understand. But even if one is a short-sighted greedy bastard, how can they set up their kids for such a mess?

insider trading · Jul 23, 2009

Quote from Scataphagos:

History shows that when a country goes "Full Commie", the socialistic system goes bankrupt and THEN you have to start over with something else.

Why is it we are not smart enough to avoid this?

(Personally, I think all of this mess is by design... and Obama is playing a sinister role. But half of us Americans are so blinded by the promise of "free ice cream" we can't see it.)

What about all the free ice cream that Bush(and Obama) gave to big buisness ?

Billions to halliburton,banks,AIG etc.

Give a trillion to banks and profiteers from an illegal war and congress and republicans don't complain,try to give a trillion so that every American has health care and its socialism,free ice cream ,the country is going to be destroyed etc

fhl · Jul 23, 2009

Quote from insider trading:

Give a trillion to banks and profiteers from an illegal war and congress and republicans don't complain,try to give a trillion so that every American has health care and its socialism,free ice cream ,the country is going to be destroyed etc

The part under Bush that will destroy us, the trillion to banks, conservatives did not go along with. It was a bush/democrat deal and conservatives had to be hog tied and go along with it kicking and screaming, remember?

cstfx · Jul 23, 2009

Quote from insider trading:

Give a trillion to banks and profiteers from an illegal war and congress and republicans don't complain,try to give a trillion so that every American has health care and its socialism,free ice cream ,the country is going to be destroyed etc

If memory serves, most of the Repubs in
the Hose and Senate voted against TARP.

http://firstread.msnbc.msn.com/archive/2009/01/15/1746382.aspx

Can't find house numbers, but I believe it was similar.

Why does everyone keep saying this was a Repub give away? It was an idiot giving it away and the Dems, for the first time in 8 yrs, stood solidly behind Bush on this issue.

insider trading · Jul 23, 2009

Quote from fhl:

and conservatives had to be hog tied and go along with it kicking and screaming, remember?

They did not have to go along with it.Even "no earmarks " McCain went along with it even though it had billions in earmarks

Nobody had to go along with it,Ron Paul didn't go along with it

fhl · Jul 23, 2009

Quote from insider trading:

They did not have to go along with it.Even "no earmarks " McCain went along with it even though it had billions in earmarks

Nobody had to go along with it,Ron Paul didn't go along with it

Nevertheless, I think you know who the opposition was to the tarp and stimulus.

It came from one quarter. Conservatives.

insider trading · Jul 23, 2009

Quote from cstfx:

If memory serves, most of the Repubs in
the Hose and Senate voted against TARP.

http://firstread.msnbc.msn.com/archive/2009/01/15/1746382.aspx

Can't find house numbers, but I believe it was similar.

Why does everyone keep saying this was a Repub give away? It was an idiot giving it away and the Dems, for the first time in 8 yrs, stood solidly behind Bush on this issue.

That was not the vote on the original creation of tarp,just votes on allowing obama to release portions of tarp money.Tarp was already created under bush in the source you just posted.That article is from Jan 09,Bush signed Tarp into law in Oct 2008

I don't know the exact count of dems and repubs,but the creation of tarp passed by 74 -25 in the senate,(so there had to be a lot of republican votes) and 263-171 in the house

cstfx · Jul 23, 2009

Quote from insider trading:

That was not the vote on the original creation of tarp,just votes on allowing obama to release portions of tarp money.Tarp was already created under bush in the source you just posted.That article is from Jan 09,Bush signed Tarp into law in Oct 2008

I don't know the exact count of dems and repubs,but the creation of tarp passed by 74 -25 in the senate,(so there had to be a lot of republican votes) and 263-171 in the house

Yeah, my bad. I Googled TARP and this is what came up. What I was looking for was the numbers from the fall, in which, in a snit, the House Repubs first defeated the vote and only a reluctant few signed on for the final vote. There were similar numbers I believe in the Senate, too. (edit, I see your numbers above)

Bottom line, however, is that even tho idiot Bush (strings being pulled by Paulson) proposed this massive bailout, and for the first time in 8 yrs, the Dems stood solidly behind him in support of what many feel was a massive waste of taxpayer funds. It was the Repubs who pushed back on this.