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| Post Number: 171
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Self-Banished 
Group: Members
Posts: 22648
Joined: Feb. 2006
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Posted on: Sep. 15 2008,8:55 pm |
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(Expatriate @ Sep. 15 2008,6:19 pm)
QUOTE
(Self-Banished @ Sep. 15 2008,5:34 pm)
QUOTE and how should we protect ourselves? Everyone even those who don't have a lot of cash should stock pile two months worth food and essential survival supplies. If this thing really goes south there'll be a disruption in the supply-chain.. a few shotgun shells may come in handy for barter if nothing else.. Things will settle out, we may be issued a new currency or we may continue with the a devalued greenback.. The biggest thing you can do is oust the Republicans, and their supply-sider voodoo economic theories, we'll never get a third party candidate elected so hopefully Obama will be this centuries Roosevelt.... spend'em if you got'em....
Everyone even those who don't have a lot of cash should stock pile two months worth food and essential survival supplies. If this thing really goes south there'll be a disruption in the supply-chain.. a few shotgun shells may come in handy for barter if nothing else..
Things will settle out, we may be issued a new currency or we may continue with the a devalued greenback..
The biggest thing you can do is oust the Republicans, and their supply-sider voodoo economic theories, we'll never get a third party candidate elected so hopefully Obama will be this centuries Roosevelt....
I've got three months worth and getting more.
The next Roosevelt? God help us.
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 Remember boys and girls,
Don’t be a Dick …
Or a “Wayne” 
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| Post Number: 172
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grassman
Group: Members
Posts: 3858
Joined: Mar. 2006
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Posted on: Sep. 16 2008,8:07 am |
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These companies have bee building a house of cards ever since Reagan deregulated everything.They have been rigging and robbing America all in the name of capital gains. Now the foundation is collapsing and they have their hand out wanting a govt. bailout. Talk about takers. 
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git er done!
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| Post Number: 173
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| Post Number: 174
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KATOMAN
Group: Members
Posts: 27
Joined: Mar. 2008
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Posted on: Sep. 16 2008,11:09 am |
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I said 8 years ago if Bush got in there and pursues his foreign policy we will end up in a recession if not a depression before he was through. You can't pull almost 2 trillion dollars out of the domestic economy and expect it to prosper. The funding for the war has to come from somewhere. The government is using up all available credit and then some. You can't strip a hot economy and not get grim results. It seems to me the same thing happened during the Vietnam war.
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| Post Number: 175
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| Post Number: 176
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| Post Number: 177
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KATOMAN
Group: Members
Posts: 27
Joined: Mar. 2008
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Posted on: Sep. 16 2008,11:45 am |
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oh, why did we go to war? Oh, thats right weapons of mass distruction, he was going to commit us there regardless,
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| Post Number: 178
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Common Citizen
Group: Members
Posts: 4818
Joined: Jul. 2006
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Posted on: Sep. 16 2008,12:13 pm |
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Nope...not going to rehash that again...if you don't get it by now (7 years later) you never will. Go back and read all the multitude of posts on that subject...
Like I said.
nuff said...
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| Post Number: 179
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jimhanson
Group: Moderator
Posts: 8491
Joined: Aug. 2003
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Posted on: Sep. 16 2008,2:46 pm |
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QUOTE These companies have bee building a house of cards ever since Reagan deregulated everything.
Wrong again. It wasn't Reagan, and it wasn't Bush. It was none other than your own Bill Clinton.
When the deductability of executive salaries was enacted in 1993, this was predicted. Stock options were allowed--if a company made money, the executives made money.
I recalled the debate at the time (one of the advantages of being "older")  and looked it up. Here's an excerpt from Business Week nullMy Webpage
As the article mentions, it is perhaps the biggest insider joke in corporate boardrooms in decades.
In true government fashion, the libbies MEANT well--it is just that their antics have the usual UNINTENDED CONSEQUENCES--hurting the very people they try to help with government regulation.
When executives had straight salaries, they weren't NEARLY as large as the performance bonuses they get today--and they had the best LONG TERM INTERESTS of the business at heart. When limitations were imposed, business was forced to give (and executives willingly accepted) stock options and golden parachutes.
The result?
Business that lives only for the bottom line, without long-term planning.
Business that goes overseas in search of additional profit.
"Golden Parachutes" for executives that leave.
"Stock option millionaires"--execs that collect millions in options, instead of straight salary.
You can lay this right at the feet of libbie congresscritters--they are the ones that enacted the bill, in an attempt to right a perceived wrong that didn't exist, and to pander to their base.
Thank you, libbies, you've succeeded AGAIN--just like the successes of every OTHER Socialist/Communist/Liberal/Progressive country.  
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"If you want to anger a Conservative, tell him a lie. If you want to anger a LIBERAL, tell him the TRUTH!"
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| Post Number: 180
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