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Ron Paul, was the ticket for the economical situation... I'll continue to say... Get rid of the FED. and start Putting peoples a@@##$ in jail... Now Mr Madoff is getting off with plea deal. Only in America!
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Samuel Johnson - “An injustice anywhere is an injustice everywhere.” William Cooper "listen to everything, read everything, and believe nothing unless you can prove it in your own research!" -
Shortly after class, an economics student approaches his economics
professor and says, "I don't understand this stimulus bill. Can you
explain it to me?"
The professor replied, "I don't have any time to explain it at my
office, but if you come over to my house on Saturday and help me with my
weekend project, I'll be glad to explain it to you." The student
agreed.
At the agreed-upon time, the student showed up at the professor's house.
The professor stated that the weekend project involved his backyard
pool.
They both went out back to the pool, and the professor handed the
student a bucket. Demonstrating with his own bucket, the professor
said, "First, go over to the deep end, and fill your bucket with as much
water as you can." The student did as he was instructed.
The professor then continued, "Follow me over to the shallow end, and
then dump all the water from your bucket into it." The student was
naturally confused, but did as he was told.
The professor then explained they were going to do this many more times,
and began walking back to the deep end of the pool.
The confused student asked, "Excuse me, but why are we doing this?"
The professor matter-of-factly stated that he was trying to make the
shallow end much deeper.
The student didn't think the economics professor was serious, but
figured that he would find out the real story soon enough.
However, after the 6th trip between the shallow end and the deep end,
the student began to become worried that his economics professor had
gone mad. The student finally replied, "All we're doing is wasting
valuable time and effort on unproductive pursuits. Even worse, when
this process is all over, everything will be at the same level it was
before, so all you'll really have accomplished is the destruction of
what could have been truly productive action!"
The professor put down his bucket and replied with a smile,
"Congratulations! You now understand the stimulus bill."A nation of sheep breeds a government of wolvesComment
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Dr Jet that is the best analogy I have heard yet!IMPBA 20481S D-12Comment
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OK. Douggie says that governments around the world are throwing money at the problem and you responded "No they are not".
What "context" did I miss??
And can we dispense with the labels? I know that labeling a person as a liberal in your eyes is meaningful, but all it really does is confirm the dogmatic foundation of your response.Don't get me started
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Uh, OK. The stimulus package you despise so much is targeted towards rebuilding infrastructure, so I guess I don't get what your point is.
http://www.timesonline.co.uk/tol/new...cle5303652.eceMr Obama said that he would make “the single largest investment in our national infrastructure” since the 1950s highway programme. The plan is expected to include spending on electrical grids, public transport, dams and investment in alternative fuels.
Now it is true that it will be a drop in the bucket compared to what we really need in total for infrastructure, but at least it is something.Don't get me startedComment
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Lads, as a stubid Scot.
This discourse is not great. There are always two sides to a story or a poliltical viewpoint. For myself, I read as much on the issues from all camps and then make up my mind based on logic, history, etc.
It may be wrong but at least I listened to the other point of views and will change my perceived values on a discussion based on the structure of the response.
DouggieComment
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AIG: Billions Dished Out in the Dark
By Robert Scheer
This is crazy! Forget the bleating of Rush Limbaugh; the problem is not with the quite reasonable and, if anything, underfunded stimulus package, which in any case will be debated long and hard in Congress. The problem is with what is not being debated: the far more expensive Wall Street bailout that is being pushed through--as in the case of the latest AIG rescue--in secret, hurried deal-making primarily by the unelected secretary of the treasury and the chairman of the Federal Reserve.
Six months ago, we taxpayers began bailing out AIG with more than $140 billion, and then it went and lost $61.7 billion in the fourth quarter, more than any other company in history had ever lost in one quarter. So Timothy Geithner and Ben Bernanke huddled late into the night last weekend and decided to reward AIG for its startling failure with thirty billion more of our dollars. Plus, they sweetened the deal by letting AIG off the hook for interest it had been obligated to pay on the money we previously gave the company.
The rest of the story---------> http://www.thenation.com/doc/20090316/scheerSamuel Johnson - “An injustice anywhere is an injustice everywhere.” William Cooper "listen to everything, read everything, and believe nothing unless you can prove it in your own research!"Comment
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Bill... "Every Government" is NOT "Throwing" money at the problem... Some are actually letting you KEEP more of your money, and then targeting the rest...
You can't honestly say that this piece of pork is actually "targeted" at building infrastructure, can you? There are bits and pieces in there for that, but there is a whole lot more PORK, targeted at things that have NOTHING WHAT-so-EVER to do with stimulating ANYTHING...
Sure... what should we refer to the collective that supports your general belief structure and ideals then?? Just let me know and I'll refer to that instead...And can we dispense with the labels? I know that labeling a person as a liberal in your eyes is meaningful, but all it really does is confirm the dogmatic foundation of your response.Darin E. Jordan - Renton, WA
"Self-proclaimed skill-less leader in the hobby."Comment
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Which ones are those?? None that I could find. And as I pointed out, the new Chinese policy on capital gains tax does note affect their people who already pay none, but only foreign investors whom the Chinese economy depend heavily on.
But even China is seeing a huge influx of money from their government. SO I am at a loss to understand which governments you are talking about.
The problem is that you appear to define anything that is not a tax cut as "pork". The funding of projects in the stimulus bill are focused on spending money to fund programs and projects that will either directly employee people or aid them in finding work. You are OK with huge defense spending, that is not pork. But spend that on a social program, or a new road, or education, or health care, or anything besides a military hardware and then that becomes "pork" or wasteful.You can't honestly say that this piece of pork is actually "targeted" at building infrastructure, can you? There are bits and pieces in there for that, but there is a whole lot more PORK, targeted at things that have NOTHING WHAT-so-EVER to do with stimulating ANYTHING...Don't get me startedComment
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The bulk of the package is wasted money, that's my point. Establishing a healthcare bureaucracy is not building infrastructure.Uh, OK. The stimulus package you despise so much is targeted towards rebuilding infrastructure, so I guess I don't get what your point is.
Now it is true that it will be a drop in the bucket compared to what we really need in total for infrastructure, but at least it is something.
Referring to this pie chart
Working CCW from the top:
4B to increase law enforcement (Brown Shirts?)
Medicaid 87B
Food Stamps 20B
Healthcare 39B
Increased unemployment benefits 43B
Preventative care 4.1B
Health Bureaucracy 20B
Higher education "modernization" 6B (improved indoctrination?)
Pell grants 15.6B (actually, that's not a bad idea)
State fiscal relief 79B (for those states who are insolvent for doing what the Feds are doing?!?!?)
Local School Districts 41B (to force more indoctrination on our kids?!?!)
Transit and rail 10B
Clean water, flood control, enviro restoration 19B
Federal and other infrastructure 31B
Highway construction 30B
Expand broadband Internet access 6B ****
Science facilities, research, instrumentation 10B
Weatherize modest-income homes 6B (I have a modest income, but pay my own house bills, thank you)
Make key energy efficiency retrofits 16B ?!?!
Transform the nations' energy, distribution, and production systems 32B (and they complained about "corporate welfare" for Haliburton!?!?)
Tax cuts 275B (cuts or rebates?)
*** "???" 31.3B *** How come they don't know???
OK, so looking at that list I only see a handful of reasonable things for them to spend money on (the non-bold items). The rest is wasted money - welfare for individuals, for corporations (rail, Internet, and energy).
AndySpektrum Development TeamComment
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My goodness. Americans, the problem is GLOBAL and what the USA tries to do may not fix the disease.
DouggieComment
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Darin, and all other Americans, do you feel safe in your current job and financial position.
DouggieComment
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