This post is primarily for Tom:
First, the current administration was given a '74 Camaro that
needs repair work, no doubt about it. The problem lies with
the fact that the Camaro needs a new transmission and a rebuilt
engine, not a new Bose stereo system, cup holders, tinted windows,
etc.. This is pretty much what Nancy and Harry are requesting and
the fellow in charge has acquiesced to their demands. The GOP is
not much better, "lesser of the two evils", (in one man's opinion) but the current road we're on is nothing but disasterous, leaving a free market system that has served this country well. The reason this is addressed to Tom is I believe his attitude is more pragmatic to solving this country's woes, than some of the other posters who seem to take the stance, "so what, it's our turn, screw the consequences."
Addendum: And the starring eyed folks whose primary criteria
in voting for Barama, "He's so cool".
Replies to: This post is primarily for Tom:
We are in an interesting time, the free market system as we knew it may be a thing of the past.
Buddy Lee:
The free market system, over the last several years, has been fueled by unbridled greed. The CEOs of the massive corporations that controlled the free market system were taking unimaginable risks to justify the obscene salaries they were receiving. They were allowed to do this because there was no oversight of their activities. Our financial system has collapsed and our auto makers are on the verge of collapse. General Electric, the largest corporation in the world, may be headed for bankruptcy.
We must all hope that our economy can be rescued. If it can not, we are headed for an unimaginable depression. In order to rescue the economy our government needs to change the way is does business. Massive amounts of money has to be infused into the economy. Congress can not conduct business as usual. They have to set aside partisanship and come together to save the economy. If not, the American Dream will be d nothing more than a distant dream to our children and grandchildren.
Tom
Reminiscent of the ancient Chinese curse: "May you live in interesting times."
(no message)
You'd be in a bread line today if the free market prevailed
Purist free market ideas would have let the banking system collapse and with it, our economy and the entire global economy.
The earmarks, which (political posturing aside) both party's districts are receiving, represent 2 percent of taxpayer money compared to that spent bailing out the financial markets alone. Republicans are hoping to scream "earmarks", while taking them, hoping that people like you won't see the hypocrisy.
And no political party given this crises would not have funded programs for the poor and unemployed, or tried to keep people in their homes if possible. Ten million plus people roaming the streets unemployed with no money, looking for a place to live is a recipe for real political instability.
Yes, we must "destroy the village to save the village". (Because we were just on the very...
precipice of becoming a "pure free market" economy.)
Nonsense
Are you saying that free market idealists weren't advocating denying the funds for the bank bailouts? Hell, that's who the GOP was grandstanding for when they voted against TARP.
And are you saying it was a bad idea to bail out the banks and insurers?
We still have banks and a stock exchange. Every day you guys whine about the DOW: Can you imagine what the Dow would be now if the financial system collapsed?
And wihth what certainty can you predict that our economy will be "destroyed" by Obama's actions?
