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Old 04-20-2009, 02:46 PM   #11
supmet
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Drives: 2007 4 Door Yaris
Join Date: Jan 2009
Location: Southern California
Posts: 1,357
Quote:
Originally Posted by jambo101 View Post
The reps seem really at odds with this bailout issue,I'm not a big fan of taxpayer funded bailouts but in this case it was a necessary evil,to let the core of your financial system collapse would have lost America its financial credibility around the world and in this time of global markets and economies the reprecussions of such an event would have made the great depression seem like a picnic,Generations of living beyond ones means has finally caught up to America and its time to pay the piper.But i do have confidence in Americas resiliency that it will emerge from this mess and remain one of the best countries in the world to live to fulfill ones dreams.
See what I mean?

"normally I'm against it, but in THIS case............"

This is EXACTLY what I was talking about america creating legislation out of "emergency" This fact is only compounded 100 times by the fact there is NO true journalism on TV(where 90% of americans get their news), and every reporter is getting paid to feed you lies.

Make an emergency. Use the news to blow it out of proportion. Pass any law you want. rinse. repeat.


The shit was gonna hit the fan regardless of the banking/housing fiasco. Labor prices in china going up = all the business that were just barely getting by repackaging chinese goods are fucked. Unskilled labor(and even some skilled labor) being replaced by robots and machines = huge unemployment rates. Giving good money to bad people isn't gonna make any situation better.

Stop making rash knee-jerk reactions. Let the people who are bad with money run their course to bankruptcy. Let the smart people who didn't lose money take over. The government and the people need to stop needless spending. Some hard work and buckling down is the only thing that will get us out... Throwing money away is only going to make it worse.
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