Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
COURIC: Why isn't it better, Governor Palin, to spend $700 billion helping middle-class families who are struggling with health care, housing, gas and groceries; allow them to spend more and put more money into the economy instead of helping these big financial institutions that played a role in creating this mess?
PALIN: That's why I say I, like every American I'm speaking with, were ill about this position that we have been put in where it is the taxpayers looking to bail out. But ultimately, what the bailout does is help those who are concerned about the health-care reform that is needed to help shore up our economy, helping the—it's got to be all about job creation, too, shoring up our economy and putting it back on the right track. So health-care reform and reducing taxes and reining in spending has got to accompany tax reductions and tax relief for Americans. And trade, we've got to see trade as opportunity, not as a competitive, scary thing. But one in five jobs being created in the trade sector today, we've got to look at that as more opportunity. All those things under the umbrella of job creation. This bailout is a part of that.
COURIC: Why isn't it better, Governor Palin, to spend $700 billion helping middle-class families who are struggling with health care, housing, gas and groceries; allow them to spend more and put more money into the economy instead of helping these big financial institutions that played a role in creating this mess?
PALIN: That's why I say I, like every American I'm speaking with, were ill about this position that we have been put in where it is the taxpayers looking to bail out. But ultimately, what the bailout does is help those who are concerned about the health-care reform that is needed to help shore up our economy, helping the—it's got to be all about job creation, too, shoring up our economy and putting it back on the right track. So health-care reform and reducing taxes and reining in spending has got to accompany tax reductions and tax relief for Americans. And trade, we've got to see trade as opportunity, not as a competitive, scary thing. But one in five jobs being created in the trade sector today, we've got to look at that as more opportunity. All those things under the umbrella of job creation. This bailout is a part of that.
+ Sarah Palin debate flow chart:
Frankly, I'm shocked that her head doesn't explode. It's just bizarre.
Actually, Palin's right. Since our whole health insurance system is based on businesses providing it, what will happen if the businesses fail? People lose their jobs, don't have health insurance, can't buy necessities in time, everything goes to hell. If the financial sector is in ruins, that's going to bring down everything else.
What does Ms. Couric propose? Sending Americans itty bitty checks with that $700 million? Yeah, right.
What does Ms. Couric propose? Sending Americans itty bitty checks with that $700 million? Yeah, right.
Quote:
Originally Posted by teatime
Um, how much did Bush's economic stimulus cost the government? And look how well it worked!
Well, we gave AIG $85 bn and they were able to afford a $500K retreat for management. And they just now canceled the one for next week. So if you are asking whether those "tiny" checks to the actual taxpayers of America (the American Consumer, supposedly the driver of the entire world economy) could afford the type of party $85bn given to a big corporation could deliver...
the answer is, no. Giving checks to individual Americans might lead to some modest celebration, but nothing comparing to the excess of a half-million dollar party.
Since y'all avoided my question, I looked it up. The economic stimulus package cost over $152 billion -- almost twice as much as AIG received. Now, you questioned how AIG spent a very small part of the money, would you like to speculate on how much of the $152 billion taxpayers received was spent on booze, illegal drugs, and other wasteful or immoral pursuits?
Since y'all avoided my question, I looked it up. The economic stimulus package cost over $152 billion -- almost twice as much as AIG received. Now, you questioned how AIG spent a very small part of the money, would you like to speculate on how much of the $152 billion taxpayers received was spent on booze, illegal drugs, and other wasteful or immoral pursuits?
Thanks for putting up the number! So we can more easily see that the Bush administration decided that one company was worth the same amount of money as half of all Americans. Must be, since they doled out OVER half of the entire stimulus package to 1 big corporation. And, judging by the half-million AIG dropped on their executive party after their bailout -- where I'm sure much higher-dollar hooch and drugs were consumed -- they made good use of it! How great it must be to work for AIG!
Bailouts sure sound nice. Screw up at your job and instead of getting fired, get some really big money to help you out. All the while the average American is told how lucky they are that they get to keep working 60 hours a week at their low-paying job, thanks to the bailout of our most important big corporations. Good luck with that, republicans.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
