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Well plenty of corruption on both sides of the aisle, but the Democrats at least WANT to run a decent government. The Republicans seem to only want to get power so they can rule as ineptly as humanly possible, then say that government doesn't work. The notion that we need no government is a libertarian fantasy. Always has been.
We need government, and we need legislators and executives who want to lead, that is why I cannot vote Republican. They only want to grab enough power to enrich a few and screw the rest.
Well, I have a fundamental disagreement with you as to how much government we really need. But we can talk about that some other time.
As with desertdetroiter, have a nice holiday and thank you for the chat.
The Grand Ole Party owns this recession. It is the direct result of the years of jobs outsourcing/shipping factories to foreign lands and subsequent corporate profit grabbing that has been the reason why this recession is so deep. The GOP gave Corporate America its blessing in the divestment of the US for the sake of short term cash grabs.
Corporate grabbing? People were trying to kill each other to shove money in our pockets. They still are...
True story. Sitting at the bar waiting to be seated and I hear this young fellow asking the bartender if he should "just buy the TV and PS3 or just continue to rent-to-own." He didn't have to be told how much it would cost him to continue to rent-to-own, he already knew if he had just saved his money it would already be his. His delima was "now I'm stuck halfway through the term of the loan" and "if I get rid of it now I'll have to buy it twice." I just reminded him that by the time he gets done paying for his "new" TV and PS3 through rent-to-own it will be three years old and he will have bought it 2.5 times.
He said he'd just ride out the RTO...
And, no, I don't own or partake in RTO garbaaaaage.
See...i was correct. Obamacare...the only thing you guys can name.
As for your question, i have no idea what it'll cost. Unlike all the millionaire business owners that are the conservative posters on C-D, i'm just a regular working joe.
BTW...The banks are loaning folks money as we type. Corporate profits have never been higher than they are now.
So much for the "increased regulations and tight standards."
Regarding lending standards, fewer domestic banks eased standards and terms on commercial and industrial (C&I) loans over the third quarter compared with recent quarters, particularly on loans to large and middle-market firms.2 About one-fourth of foreign respondents, which primarily lend to businesses, reported that they had tightened lending standards on C&I loans.3 All of the domestic and foreign respondents that reported having tightened standards or terms on C&I loans cited a less favorable or more uncertain economic outlook as a reason for the tightening. In response to a special question, a large number of both domestic and foreign respondents indicated that they had tightened standards on loans to European banks and their affiliates or subsidiaries. Standards for commercial and residential real estate loans changed little over the past three months, and a small net fraction of banks indicated that they had eased standards on several types of consumer loans.
Corporate grabbing? People were trying to kill each other to shove money in our pockets. They still are...
True story. Sitting at the bar waiting to be seated and I hear this young fellow asking the bartender if he should "just buy the TV and PS3 or just continue to rent-to-own." He didn't have to be told how much it would cost him to continue to rent-to-own, he already knew if he had just saved his money it would already be his. His delima was "now I'm stuck halfway through the term of the loan" and "if I get rid of it now I'll have to buy it twice." I just reminded him that by the time he gets done paying for his "new" TV and PS3 through rent-to-own it will be three years old and he will have bought it 2.5 times.
He said he'd just ride out the RTO...
And, no, I don't own or partake in RTO garbaaaaage.
I am going to chalk that conversation up to the correlation between youth and stupidity (on the part of that guy)
The Grand Ole Party owns this recession. It is the direct result of the years of jobs outsourcing/shipping factories to foreign lands and subsequent corporate profit grabbing that has been the reason why this recession is so deep. The GOP gave Corporate America its blessing in the divestment of the US for the sake of short term cash grabs.
We're expanding. Buy low, sell high. No worries, Obama will be gone in a year and if not we'll just keep buying and growing while Obama's policies continue to make people nervous and land and materials cheap.
If things start picking up we'll not be able to grow as fast but we can get rid of properties high and then just wait till the next economic downturn and buy again.
Obama is hendering economic growth with his command economy policies. I don't see why we should be self delusional because of that. We'll make money either way and no matter what the composition of congress or the presidency is. We'll get plenty of notice if congress and the president go confiscatory.
THIS is the attitude a successful businessman takes.
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