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If socialism doesn't work - then why did W give the banks all that $$?

Posted By: sm on 2009-02-05
In Reply to: You think O is the answer? Socialism does not - work -you're in for rude awakening there.nm

nm


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Yes, but alas, socialism doesn't work that way....lol.
All you end up with is a lower class dependent upon the government for anything. Hello Cuba.
This is truly socialism. These banks and rich Wall
Street types would be crying out if they gov't did this for the people, but they are begging for the help now. They had better come up with a plan that includes not big pay days for CEOs, etc. I was watching The View and Whoppi said they need to include something for the people, like wiping out half of the mortgages so the actual people who will benefit the economy, i.e. us because we spend money here in the U.S. can get back on our feets and go out and put some money back in the economy and not have to worry about losing a home, etc. I totally agree with that, but I can pretty much guarantee that will not happen.
Why doesn't Obama come clean about socialism?
And if you wanted to know what McCain wants to do for the country you could go to his website and read it if you have room in your brain for anything not Barack Obama.
I do disagree about not wanting to give to those who CAN'T work. sm

My sister had brain damage from birth and has never been able to keep a job.  She is able to live on her own, but she barely survives. Our mother, who is retired, took a part-time job to continue to take care of my sister.  What happens when my mother can't do that anymore or dies?  I guess it will be my turn to take care of my sister.  What about people who don't have anyone to do that for them? Do you realize the meager amounts people are given right now barely enable them to survive? You (poster below complaining about giving to those who can't/won't/don't work) would not be able to survive.  You obviously have no idea what hunger feels like or what it is like to go to bed at night as a child with no dinner, no snack, and hope for breakfast the next morning.  I will most certainly give to those who can't work.


Doesn't work that way.

IF Obama gets in, then Hilary can't run against him next time.  He would be the incumbent, and I don't see her jumping ships.


She can run against McCain in 2012...


That one doesn't work either. What's it about? nm
.
It doesn't always work....
My daughter was on birth control pills - took them religiously - until she gave birth to my granddaughter. 20 years old and had NO idea she was pregnant, she had 3 blown disks in her back, had a period every month and she is so tall and long waisted, not a single one of us had a clue. I am grateful for my granddaughter - I love her more than anything. But it freaked my daughter out so bad, she immediately got her tubes tied. BTW, she had 3 cousins who got pregnant on birth control pills. So, they don't always work. No one likes abortion, but, I stand by the premise that a woman has the right to choose - whether you like it or not.
Link doesn't work.
xx
Link doesn't work.
.
This link doesn't work. nm
xxxxxxx
This link doesn't work. ?????
Not sure how anyone can enjoy it????
Link doesn't work nm
x
Link doesn't work
Do you have a website where I can find this?
This message doesn't work
Unless you are a trained psychologist/psychiatrist you don't know McCain's thoughts. As the previous poster stated he's been back to Vietnam and he even met the people who held him as POW. He has no animosity toward them. It was a war a long time ago. McCain has healed from that and with the help of professional trained people. Your trying to insinuate that he is still p.o.'d about that. News flash - we are not at war with Vietnam and the people we are at war with did nothing to physically harm McCain. I believe McCain's experience he had being a POW adds to his character and he will understand better than anyone what our soldiers who are at war are facing. People seem to forget that he and Gov. Palin have children fighting in the war. They want them home as much as anyone else.

As for Obama and his Kenya ties - I don't know what kind of "deals" he would cut with Kenya. But somehow "cutting a deal" does not sound good for the US.
Your link doesn't work.
http://www.osti.gov/bridge/servlets/purl/780410-SHVVvq/native/780410.PDF


That doesn't work anymore.
my friend. ;-)
Nice in theory. Doesn't work well
nm
In case link doesn't work
I will post it this way too. :)

http://www.cbsnews.com/stories/2008/02/14/60minutes/main3833797.shtml
That doesn't give him the right to send it
:(
Guess what? Birth control doesn't always work!
and judging a teen and a mother based on those assumptions?? Sure hope the shoe isn't on the other foot one day. I know many women, wed and unwed, who have gotten pregnant while on the pill, taking it responsibly and consistently. There is no sure birth control, and any woman with a lick of sense should know that without a doubt.

Are you all honestly saying that someone with a full-time job therefore cannot raise a family or is incapable of spending adequate time with their children? If so, then everyone here working full-time with a family, raise your hands because you are now classified as unfit mothers. I don't care if you work from home or not, because even at home, if you're working, then you aren't giving your children undivided 24/7 attention. For that matter, if you sleep at night, you'd better raise your hand because you can't watch your kids if you're asleep. We could always go back to the 1950s version of mothers, I'm sure every child from that era was perfectly well-adjusted.

BTW, it takes TWO to make a baby so why is it always the FEMALE that is blasted? Seriously, especially if you are a woman making such comments, you should be thoroughly ashamed. Unless she's the new Virgin Mary, she didn't knock herself up, and unless you were present during the conception, you don't know if birth control was used. Just because Mom is against it doesn't mean the teen wouldn't use it anyway. Mom was obviously against teen sex but that apparently didn't stop her. Did you do every single thing your parents expected of you? If you say yes, then you should run for POTUS. Perfect people are so rare that any in existence would surely be voted into office. Then again, maybe not, because Jesus is the only perfect person I can recall and he was crucified.
nah, doesn't work...they're still here, and I barely watch anything that's...sm
called entertainment.

They're still here....


Link doesn't work - No File Found
x
That 'racist' card doesn't work with me..... wrong is
**
fighting fire with fire doesn't work
We have been hitting each other over the head with clubs since Early Man.  The American military has killed innocents, too.  I do not think Americans are more deserving of anything than anyone else who inhabits this planet.  We are all human beings with families and feelings and lives.  Perhaps its time to drop the weapons and communicate for a change. 
Banks

Out of 10,800 banks in this country, only .5% of 1% of the banks failed...............


which means Obama should have left it all alone.  If he truly had people around him that cared about this country, they would have informed him to let the banks fail, that there were plenty of strong ones out there and he should just let the chips fall where they may. 


He has stuck this country to the tune of trillions and we will be paying the price big time in a year or so when the inflation boom hits......   he preyed on fear, knowing so many would just think he suddenly knows the best thing to do.  The best thing to do was nothing.  Private companies fail all the time and the stronger ones survive.  Simple as that.  Strong ones buy out the weaker ones.  That would have happened with no interference from the governement at all, as usual!  Just like all the car manufacturers aren't failing.  Fiat is looking at buying Saturn..... and life goes on.  Private businesses should always be left alone.


The only reason AIG got such a big bailout is because many democratic friends of Obama and his cronies work there.... the names aren't that hard to find but you have to look for who knows who to start getting the picture.  Such a pathetic shame!


And if the gov't had not deregulated banks,
brought about by pubs.
Deregulation of what, may I ask? Banks,

Two more banks go belly up..... sm
bringing the total to 19 failed banks now. 

http://money.cnn.com/2008/11/07/news/companies/bank_failure/index.htm?postversion=2008110721&eref=rss_topstories
don;t forget foreign banks
successfully lobbied to be included in this bailout.  (John McCain's financial advisor Phil Gram is head of USB, Swiss bank)
And government ownership of banks.
x
it is called "job banks" and -
http://www.foxnews.com/politics/2008/11/21/automakers-ask-bailout-paying-workers-sit/

Here's the link to read all the information. They can do volunteer work for the community if they want to - but it is not required. Mostly they just sit there and collect the $31 an hour.
It should be $$ for banks, big oil and wall street, right?
x
And banks didn't have a choice?
They loaned money to people to buy McMansions that they could not afford - on purpose. The housing industry was booming. That way, they could forclose on these bad loans - keep the down payments and subsequent payments and resell the house. They were trading paper. Maybe you ought to educate yourself. Nah. Too far of a stretch. After all, the constitution-abiding president who just slunk off with his tail between his legs wasn't at all concerned about civil rights or the constitution. He was playing monopoly and destroying everything in his path - like rich, spoiled little boys do. You know, the ones who go AWOL from their service and receive no punishment. He probably still suckles grandma Barbara.
Oh, I get it. Kinda like the bailed out banks
I feel so much better now.
How many mortgages got sold to other banks?
Look at the big picture. They were selling houses to anyone who would sign on the dotted line - they did not give a fig whether or not you could afford it. They then boxed up a pile of these mortgages and sold them to other banks or mortgage companies with the premise - here's a box of rocks, there's gotta be a diamond in there somewhere. They WANTED these mortgages to fail. The housing market was booming - take the down payment, pass the mortgage around - foreclose on hapless patsies - and resell the house. They were MAKING MONEY OFF OF DOING THIS!!! But, they got greedy, and that box held all rocks and no diamonds. They screwed themselves as well as the American people who fell for this sham. But who is going to suffer the most?
That happened when the **banks got drunk**
//
Marx: Centralize credit in the banks.
private property. Right any bells?
How about Bush's plan of buying banks?
What's that called?
A Quiet Windfall for US Banks (While You Weren't Looking)

Here's you starter-kit that went under the radar screen, tax and spend lovers...


» Washington Post: A Quiet Windfall for US Banks


Who gave the banks all that money with no oversight?
This site would be much more interesting if you knew what you were talking about. You'll be sniveling in the bread lines along with the rest of us as a result of Bush's "I'm the Decider" BS. Better add some vodka to that Kool-Aid - it's going to be a miserable ride.
Same with the banks - they've lost MY business,
- if EVER. Take my Mastercard, for instance. Been a loyal customer, same bank for 30 years, yada, yada. Always make my payments, often in full, and other times way over the minimum. Never late, my checks don't bounce. So they raise my finance charges from 9% to 29% in one fell swoop!

Needless to say, that's it for me. I cleaned out my bank savings (which was only earning about .02% interest), and paid off the Mastercard with it. Will close the account. Now that there are checking account debit-cards, who needs the charge card? Plus it'll keep me from spending more than I have. In a dire emergency, I can always siphon a little out of my money market (which still earns something like 4-5% interest) to pay for emergencies in FULL, without running up credit card fees. So, there goes part of the banks' income!

If all of us rearranged our finances in such a way that we pay NO fees or finance charges, maybe the banks would have to find an HONEST way to make a profit. Wouldn't THAT be a revelation.
She said ACORN bullied banks into giving the loans....
she just said Obama was associated with them. ACORN did bully banks, and Obama WAS associated with them, through Project Vote. He trained the ACORN folks how to get out and get people registered, hired them to work on his senate campaign, and ACORN endorsed him. And they are under investigation for voter fraud in ALL the swing states. Admitted in Ohio today: yes, there will be fraud, its not our fault, we can't check every registration. Sounds like "He was just a guy in the neighborhood" excuse. Looks like he taught them well.

This guy is so dirty.
Bush made Wall St Socialist and our banks so why do you even bother
We have socialism now but it's not the poor you blinded bigot.
"Evil" is George Bush, Wall Street, the Banks,
NM
Your precious Bush turned Wall St socialist and the banks TRUE
you voted for him and look what happened SOCIALISM by BUSH
Ayers doesn't regret the bombings, doesn't feel like they did enough sm

In a story that appeared in the Times on the morning of Sept. 11, 2001, Ayers told a reporter while promoting his memoir "Fugitive Days": "I don't regret setting bombs...I feel we didn't do enough."


Mr. Ayers, now a professor of education in Chicago, was a founder of the Weather Underground, which bombed government buildings in the early 1970s. He was indicted on conspiracy charges that were thrown out for prosecutorial misconduct.


He served with Mr. Obama on the board of the Woods Fund of Chicago, a charitable organization, and, along with his wife, the former Weather Underground member Bernardine Dohrn, hosted Mr. Obama at his home in 1995 when he was running for state office.


Mr. Obama has called Mr. Ayers "somebody who engaged in detestable acts 40 years ago, when I was 8 years old."...so because it was 40 years ago, and Ayers is still proud of what he did, how is it justifiable for a US presidential candidate to now be friends with this man?  Unless he has the same view of America.


Let me rephrase that. It doesn't *seem like* my vote doesn't count...sm
It does not count because its in the bag that our 3 electoral votes will go to the republican party.
Socialism
AMEN!!!
The era of socialism
With the bailout by the US government, each and every one of us will be mortgage lenders to the tune of $7000 per taxpayer.  We will officially be socialists, brought to you by your favorite political party the REPUBLICANS. 
what's so bad about socialism?
bring it on!
You won't get socialism. That is #1....
and frankly my greatest concern with Obama.

McCain is the only one talking about reforming Washington, freezing spending except in crucial programs until we get out of this mess...he is talking about more affordable health care, not government controlled health care. Yes, Obama says you can keep your employer insurance and if you can't, the government will take care of you. HOw long do you think employers will be able to offer insurance under Obama's socialist agenda? Not long, because he is increasing taxes on them. And not accidentally either. One step further down the road to socialism.

And I am ready for naming names and showing some responsibility. Unless Obama is an id*ot, he knows that Dodd and Frank are up to their eyeballs in this mess. He should call for their resignations. THAT would show character, which seems to be important to you. The democratic leadership instead PRAISE them for their roles in engineering this bailout. That to me is a total LACK of character. McCain called for the resignation of the Republican involved...Chris Cox. THAT is character.

I see absolutely nothing but a downhill spiral in an Obama administration. The USSA. Venezuela north. NO thank you.