U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > General Forums > Economics
 [Register]
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.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 12-11-2008, 09:13 PM
 
Location: Charlotte, NC
2,193 posts, read 4,612,916 times
Reputation: 1075

Advertisements

Well I just heard on CNN that the auto bailout bill is dead. I'm surprised!
Reply With Quote Quick reply to this message

 
Old 12-11-2008, 09:34 PM
 
1,772 posts, read 4,072,424 times
Reputation: 4740
I'm not. It is further illustration of who is in power when it comes to controlling the Government. The oligarchy of bankers and the plutocracy will not allow their full dollars to be diluted by other industries. The Congress dumps 700 billion on the banker plutocracy against the wishes of the People and we get told to shut up and color, and like sheeple we do. The auto industry gets the cold shoulder under the command of the banking plutocracy that controls this country and keeps you working two income households for peanuts, and we cheer that the auto industry is getting said cold shoulder. We are the dumbest kind of slaves, we cheer against our own economic interest. The banking burgeoise is ROTFLMAO, quite literally.

Why did the thing failed? Because the only remaining bastion of populist wage protectionism, the only fighting chance against the hidden tax of an inflationary currency, aside from abolishing the Federal Reserve and fractional banking, did not want to budge to the demands of a "globalized" banking class that wants the disappearance of the union concept and fold them into the larger fray of corporate wage slaves. Classic scapegoat, you can't make this stuff up if John Grisham himself was writing it. Are Hondas and Toyotas going to lower in price in proportion to your eroded purchasing power, because you have them made in non-union southern debtor state plants? Of course not, joke's on you. Keep vilifying the auto industry or whoever the next pawn is, while the banking class robs you blind and gets off on watching you cheerlead for your own economic pain. You all are the worst kind of slaves.

"None are more hopelessly enslaved than those who falsely believe they are free" ~Johann Wolfgang von Goethe

Heck, the Romans weren't even citizens in their own Nation and even they had a higher purchasing power than the modern American. And we sold our collective soul for a plasma screen and a football game. Jesus....
Reply With Quote Quick reply to this message
 
Old 12-11-2008, 09:40 PM
 
Location: Sitting on a bar stool. Guinness in hand.
4,429 posts, read 5,802,008 times
Reputation: 1708
Quote:
Originally Posted by sheenie2000 View Post
Well I just heard on CNN that the auto bailout bill is dead. I'm surprised!
It's dead...........for now. Remember what happen last time we had this scenario?
Reply With Quote Quick reply to this message
 
Old 12-11-2008, 09:45 PM
 
1,956 posts, read 4,860,233 times
Reputation: 1113
Bush and Paulson will tap the $700 billion fund and bailout GM and Chrysler (and possibly Ford), and the loans will come with no strings attached for anyone.
Reply With Quote Quick reply to this message
 
Old 12-11-2008, 09:55 PM
 
Location: state of enlightenment
2,404 posts, read 4,764,288 times
Reputation: 2468
Quote:
Originally Posted by hindsight2020 View Post
I'm not. It is further illustration of who is in power when it comes to controlling the Government. The oligarchy of bankers and the plutocracy will not allow their full dollars to be diluted by other industries. The Congress dumps 700 billion on the banker plutocracy against the wishes of the People and we get told to shut up and color, and like sheeple we do. The auto industry gets the cold shoulder under the command of the banking plutocracy that controls this country and keeps you working two income households for peanuts, and we cheer that the auto industry is getting said cold shoulder. We are the dumbest kind of slaves, we cheer against our own economic interest. The banking burgeoise is ROTFLMAO, quite literally.

Why did the thing fail? Because the only remaining bastion of populist wage protectionism, the only fighting chance against the hidden tax of an inflationary currency, aside from abolishing the Federal Reserve and fractional banking, did not want to budge to the demands of a "globalized" banking class that wants the disappearance of the union concept and fold them into the larger fray of corporate wage slaves. Classic scapegoat, you can't make this stuff up if John Grisham himself was writing it. Are Hondas and Toyotas going to lower in price in proportion to your eroded purchasing power, because you have them made in non-union southern debtor state plants? Of course not, joke's on you. Keep vilifying the auto industry or whoever the next pawn is, while the banking class robs you blind and gets off on watching you cheerlead for your own economic pain. You all are the worst kind of slaves.

"None are more hopelessly enslaved than those who falsely believe they are free" ~Johann Wolfgang von Goethe

Heck, the Romans weren't even citizens in their own Nation and even they had a higher purchasing power than the modern American. And we sold our collective soul for a plasma screen and a football game. Jesus....
Bingo! Union busting is the latest piece of red meat F#X Nazi News throws at the ignorant foaming at the mouth buffoons who would devour their own children if O'Reilly told them.
Reply With Quote Quick reply to this message
 
Old 12-11-2008, 09:58 PM
 
Location: Durham, NC
499 posts, read 1,415,982 times
Reputation: 421
Default Blame it on the Union-Busters!!

Quote:
Originally Posted by sheenie2000 View Post
Well I just heard on CNN that the auto bailout bill is dead. I'm surprised!
Folks like Alabama Senator Richard (Hyundai Slave) Shelby and other union busters that want folks all over the US to have the same wage scale as someone in Podunk, Redneckville!!!
Reply With Quote Quick reply to this message
 
Old 12-11-2008, 10:28 PM
 
48,509 posts, read 86,079,672 times
Reputation: 18105
The unions bulked at giving anything new. Its dead looking at the vote numbers.
Reply With Quote Quick reply to this message
 
Old 12-11-2008, 10:42 PM
 
1,989 posts, read 4,017,537 times
Reputation: 1393
The futures markets are u-g-l-y. And Asia is falling fast as I type. Get your popcorn.
Reply With Quote Quick reply to this message
 
Old 12-12-2008, 12:23 AM
 
Location: Albemarle, NC
7,730 posts, read 12,919,740 times
Reputation: 1506
Quote:
Originally Posted by roncorey1 View Post
Folks like Alabama Senator Richard (Hyundai Slave) Shelby and other union busters that want folks all over the US to have the same wage scale as someone in Podunk, Redneckville!!!
Shelby was also against the financial bailout. He believes that failing businesses should not be propped up by the taxpayer. If these companies were viable, they would find the financing they need. After all, TARP did inject money into the banks.
Reply With Quote Quick reply to this message
 
Old 12-12-2008, 12:25 AM
 
Location: Road Warrior
2,015 posts, read 5,087,125 times
Reputation: 798
I believe it was 53 yeas, not too far from the 60 mark. It'll just come back and pass before the end of the year.
Reply With Quote Quick reply to this message
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.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top