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The bottom line on whoever is in washington or in a position of politics,republican or democrat,the side with their ideology instead of their constituants.For whatever reason,the people themselves have not made it absolutly clear,or they just don't understand,that the power to remove these people is in our rights,and this needs to be exercised.I believe if more people were in tune that there are more parties out there willing to lead,the playing field would change,more competition,more opportunity.This notion that there are only the two parties to choose from is ludacris to say the least.The time republicans and democrats and their comfort zone they think they have while the rest of the people suffer should be challenged,other parties need to be nominated and their voices heard,that is where change will begin.
The great depression was not caused by government. I had many factors, the cause of the stock market crash was the lack of control or over site by government. Little investors were encouraged to invest on margin. Where they would put up 10% of what they wanted to buy and the broker put up the balance. When the stock fell in value and hit the 10% loss mark, the broker would either sell the stock recouping his money or the investor had to put up another 10% to keep the broker even. It was also a world wide depression, the United States government did not over regulate the world did it? The raising of taxes was more of added problem than one that created the problem in the first place. If you really look a history, the over stimulated economy of the 20s known as the roaring 20s is a very close parallel to our 90s to 2003 or 04. Homes all over the country went up in value at an unrealistic rate. I can still remember talking to a real estate agent in Florida who said a home that sold for 100k last year will sell for 110k now, and 125k next year. It did this in many parts of the country and people fed on the bigger fool theory. As long as a bigger fool comes along and buys for more than what you paid, things will flow. This combined with government deregulation under a republican administration has helped to set the stage. There is one thing different than the 29 crash. Oil. There is an oil crisis happening. We can not drill our way out of it. It is a finite product and as the world grows the demand is beyond the dying oil fields ability’s to produce enough. The only reason oil is low now is because of the world wide economic recession and possibly depression. I do not think GM "needs to fail" but the tax payers do not need to bail them out. They were building Hummers, and pushing the idea of having to own a SUV for years only because they made a lot of $ selling them. [/font][/color]
[color=black][font=Verdana]When Toyota and Honda were building Hybrids, GM was building Hummers, Now that Toyota and Honda are building multi billion dollar Lithium Ion battery plants for the new generation of Hybrids, GM wants to borrow 25 billion to build the big trucks that it knows people in the USA really want. They just do not get it. They tout the Volt as though it is some kind of break through. Are they completely mad? A car that will cost 40k, that can go 40 miles on a charge, that you can pay even more $ to get an engine to run a bit farther? Are you serious? Do you think anyone will buy this? Really? I have a Toyota Corolla, I am easy on the gas peddle and on the highway I get 44 MPG. The car cost me 12500 for an 09. I do not have seat warmers and it does not give me a reach around. But it does the job nicely and with Japanese dependability. If all goes well and I sell my home and move to the city I am looking at, I will buy a Honda or Yamaha 250 cc scooter. It gets 75 mpg, I can run to the local Wal mart and pick up 3 or 4 bags of groceries, and it can be bought used for around 2k. There are big changes on the horizon, we can either accept the fact and work to rebuild, our we can try to keep the train on the same old tracks and wait for the derailment that is to come. Keep listening to Limbaugh if you are up for the derailment. Work with the change and hope Obama is the man we who voted for him think he is.
Right on the money. Detroit is inept. Don't put the dinosaurs on life support. Top management must go. GM built a great electric car that went 140 miles per charge because they were forced to by the CARB. They then corrupted the CARB, changed the regulations then proceeded to destroyed the best EV ever built because it didn't fit their SUV business mode. We need MORE government regulation of corporations not less so they serve the PUBLIC interest not just the share holders. We need MORE socialism and less vulture capitalism. We need to pay more attention to the social good not just the corporate good. What's good for GM is NOT good for America. That's pretty clear now.
The bottom line on whoever is in washington or in a position of politics,republican or democrat,the side with their ideology instead of their constituants.For whatever reason,the people themselves have not made it absolutly clear,or they just don't understand,that the power to remove these people is in our rights,and this needs to be exercised.I believe if more people were in tune that there are more parties out there willing to lead,the playing field would change,more competition,more opportunity.This notion that there are only the two parties to choose from is ludacris to say the least.The time republicans and democrats and their comfort zone they think they have while the rest of the people suffer should be challenged,other parties need to be nominated and their voices heard,that is where change will begin.
It's also worth mentioning that there is, for all practical purposes, only one party...very little difference in ideology.
It's also worth mentioning that there is, for all practical purposes, only one party...very little difference in ideology.
I guess I am naive then. My impression is the Republicans want to protect businesses, small businesses and YES big business too. Oh and Republicans want to legislate moral/personal issues.
On the other hand, Democrats want to spread the wealth... want everyone be on a level playing field, and save the earth and will use heavy hand in government to facilitate this at the same time protest to government involvement on moral/personal matters.
I don't want my tax contributions be used for corporate welfare, at the same time, I am tired of the tree huggers and the feel good do gooders.
I would love to see a 3rd party emerge. We need to shake things up.
I would love to see a 3rd party emerge. We need to shake things up.
You are absolutely right ... the liberals will feed you liberal politics, the conservatives, right wing politics, in the end 90% of the things they do is the same because of the damn lobbyists in Washington.
Problem with part of our economics is that 3/4 of Americans needs those same jobs being outsourced. A job isn't just a paycheck, it is also a sense of pride. As prices/taxes go up and wages goes down, the average American is forced to take heftier loans to afford commodities, the loan companies are of course more willing to dish out play money, until of course we find out the average American can't pay back their loans ... in 2005 what Buffet blasted as a nation of "spending junkies" and "sharecroppers" predicting what would be a financial crisis and a crash landing. 1 trillion dollar bailout to the big businesses? What part does the average American get in it? A lengthier loan? Unbridled greed may be a sign of weak patriotism.
As we noticed that prices of commodities went down, there's a reason, it has to go down. We were merely taught that it was ok to buy a $500,000 house in Vegas, currently being foreclosed for $200,000. Sure America may be a capitalist country, where the goal is to accumulate wealth, but instead of chasing the "American Dream", why don't we also encourage each other to "Dream American", it portrays more of a sense of belonging, where Americans not only go out about and make money, but care about their environment, where Americans give each other a helping hand in a time of need. My prediction is that we needed this crash landing, and hopefully we can all learn something from it.
With us giving them 10 billion a month,rebuilding"their"infrastructure,and,protecti ng "their"border's,kind of a novel 3rd world country,don't you think?
we are giving iraq money to rebuild and they signed an oil development deal with china!
the great depression was caused by government intervention. they raised taxes and all sorts of things.
if the bailout committee would step back and just save freddie and fannie all would be fine. AIG needs to be liquidated. GM needs to fail.
what are you even talking about?!?!?! the great depressionw as caused by a lack of governemnt intervention in the stock market!!! combined with credit, the stock exchange allowed people to spedn thier entire savings in what many thought was a "sure win". the lack of governemnt regulations meant some people were investing in companies that didnt even exist!
by the time it was too late, the banks were recalling mortgages, no one had money, eveyrone was selling shares ect..
you really have no clue about the great depression do you?
Location: Democratic Peoples Republic of Redneckistan
11,078 posts, read 15,078,355 times
Reputation: 3937
Quote:
Originally Posted by leangk
what are you even talking about?!?!?! the great depressionw as caused by a lack of governemnt intervention in the stock market!!! combined with credit, the stock exchange allowed people to spedn thier entire savings in what many thought was a "sure win". the lack of governemnt regulations meant some people were investing in companies that didnt even exist!
by the time it was too late, the banks were recalling mortgages, no one had money, eveyrone was selling shares ect..
you really have no clue about the great depression do you?
He has no clue about anything.I've tried debating him before and it's always the same thing,no facts whatsoever.The only thing I know is that Fla. must give away real estate licenses at Wal-Mart to anyone who wants one because with his lack of knowledge on ANYTHING I'd be willing to bet the ranch he couldn't get one in IL.Better stay where you are BD,they tolerate you there.
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