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Try to stay on the current discussion. We are discussing the vote count for the TARP. You said Democrats opposed TARP, but I'm still waiting for you to backup the claim.
You havent posted any link showing Democrats opposed TARP and didnt vote for it..
GM among others, but I dont need a list of 1,000,000 companies to discuss "socialism".. only one example is needed along with the definition.. GM Bailed out GM, by LOANING them money.. Obama converted that loan into stockholders equity. They also bought GS warrants May of 09.. That was OBAMA president in 09...
It was wrong to loan businesses money, it was twice as wrong to buyup equity using taxpayer funds... But you want to criticize Bush while pretending Obama had no actions. Obama gets the blame he gets because HE bought companies and stock.. THATS SOCIALISM by definition.. Dont like it, again, take it up with mr dictionary..
Would you call loaning the banks TARP at interest Socialism?... What about the first Bush installment of TARP that was not paid back with interest... What do you call that?...
Would you call loaning the banks TARP at interest Socialism?...
You need to learn definitions of terminology before you start to call things socialism that isn.. so·cial·ism
a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.
Loaning people money is not socialism!!
Quote:
Originally Posted by HC475
What about the first Bush installment of TARP that was not paid back with interest... What do you call that?...
There was no installment not paid back with interest.. Where are you getting this stuff from? The first installment was THE SAME as the second installment, the only difference was that the first installment was supposed to be spent by Bush, and the second by Obama.. but Obama decided to let Bush spend his 1/2 because he wouldnt take the oath of office fast enough..
Would you rather have a national plan like Canada and Europe?... or would you rather be gouged by your Health Insurance company?...
I'm all for Capitalism but the Health Care system was an exercise in abuse of the middle class...
Wrong wrong wrong.. Note the pattern with you HC.. The health care system was an exercise in abuse by GOVERNMENT.. It was government that determines UCR, ICD9, ICD10 rates, reinbursement rates, percentiles, it was government that demanded insurance companies provide an all or nothing package, its government that limits catastrophic insurance coverage, what most americans really need...
You need to learn definitions of terminology before you start to call things socialism that isn.. so·cial·ism
a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.
Loaning people money is not socialism!!
There was no installment not paid back with interest.. Where are you getting this stuff from? The first installment was THE SAME as the second installment, the only difference was that the first installment was supposed to be spent by Bush, and the second by Obama.. but Obama decided to let Bush spend his 1/2 because he wouldnt take the oath of office fast enough..
The original proposal was submitted to the United States House of Representatives, with the purpose of purchasing bad assets, reducing uncertainty regarding the worth of the remaining assets, and restoring confidence in the credit markets. The bill was then expanded and put forth as an amendment to H.R. 3997.
The amendment was rejected via a vote of the House of Representatives on September 29, 2008, voting 205-228.
On October 1, 2008, the Senate debated and voted on an amendment to H.R. 1424, which substituted a newly revised version of the Emergency Economic Stabilization Act of 2008 for the language of H.R. 1424.
The Senate accepted the amendment and passed the entire amended bill, voting 74-25. Additional unrelated provisions added an estimated $150 billion to the cost of the package and increased the length of the bill to 451 pages. (SeePublic Law 110-343 for details on the added provisions.)
The amended version of H.R. 1424 was sent to the House for consideration, and on October 3, the House voted 263-171 to enact the bill into law. President George W. Bush signed the bill into law within hours of its congressional enactment, creating the $700 billion Troubled Asset Relief Program (TARP) to purchase failing bank assets.
The original proposal was submitted to the United States House of Representatives, with the purpose of purchasing bad assets, reducing uncertainty regarding the worth of the remaining assets, and restoring confidence in the credit markets. The bill was then expanded and put forth as an amendment to H.R. 3997.
The amendment was rejected via a vote of the House of Representatives on September 29, 2008, voting 205-228.
maybe ss should be scrapped, or at least brought back to what is was supposed to be
why not make it optional
why not let the people have control to invest
why not get rid of all the liberal garbage of letting foreigners who never contributed to the system to get it
why not take and put back the funds and keep them out of the generalfund
ss is broke
it should be fixed
medicare
the liberals PROMIsED back in 1965 it would only cost 10 billion a year, by 1995....guess what...its 400 billion a year and climbing
medicaide is 300 billion and climbing
welfare/food stamps...record people on entitlements
yep liberal all the way baby...all the way to the poorhouse
So answer the question... Would you end Social Security when you turn 65?... Burning your medicare card are we?... Answer me that...
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