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Date: 07 Feb 2009 13:14:39
From: MZB
Subject: Eco. fix--too simple?
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The biggest threat to our economy, as I see it, is unemployment. I really
expect the next big crisis to be a credit card crisis. It might even dwarf
the home mortgage crisis due to its breadth. As people lose income they will
rely too much on credit cards. It will be enough to push people over the
edge. Of course, then they go bankrupt and the banks take another hit. While
I agree they deserve a lot of hits for peddling sub-prime mortgages and
foisting credit cards on everyone, when the banks go under we have our
credit crunch which hurts businesses and, indirectly, all of us. Actually,
for those of us who are investors, it hurts us directly. Companies cannot
get credit and suffer. Stocks and bonds both suffer.
So, what to do. I realize this is overly simplistic, but we know our
infrastructure is crumbling, figuratively and literally. Why not a massive
infusion to build/rebuild/repair our roads, bridges, tunnels, electric
grids, etc.? Wouldn't that create a LOT of jobs and ease the aforementioned
burdens. I know one problem is the speed. It takes a long time between
signing a bill, allocating funds, and actually starting projects. Surely
there must be a way to get this on a fast track.
Also, as we keep giving the banks more money, can't we REQUIRE that they
lend out money?
Comments?
Mel
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Date: 07 Feb 2009 13:43:19
From: Irish Mike
Subject: Re: Eco. fix--too simple?
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"MZB" <moo@noway.prudigy.net > wrote in message
news:hckjl.378$4h6.197@newsfe23.iad...
> The biggest threat to our economy, as I see it, is unemployment. I really
> expect the next big crisis to be a credit card crisis. It might even dwarf
> the home mortgage crisis due to its breadth. As people lose income they
> will rely too much on credit cards. It will be enough to push people over
> the edge. Of course, then they go bankrupt and the banks take another hit.
> While I agree they deserve a lot of hits for peddling sub-prime mortgages
> and foisting credit cards on everyone, when the banks go under we have our
> credit crunch which hurts businesses and, indirectly, all of us. Actually,
> for those of us who are investors, it hurts us directly. Companies cannot
> get credit and suffer. Stocks and bonds both suffer.
>
> So, what to do. I realize this is overly simplistic, but we know our
> infrastructure is crumbling, figuratively and literally. Why not a massive
> infusion to build/rebuild/repair our roads, bridges, tunnels, electric
> grids, etc.? Wouldn't that create a LOT of jobs and ease the
> aforementioned burdens. I know one problem is the speed. It takes a long
> time between signing a bill, allocating funds, and actually starting
> projects. Surely there must be a way to get this on a fast track.
>
> Also, as we keep giving the banks more money, can't we REQUIRE that they
> lend out money?
>
> Comments?
>
> Mel
Well one option is to create a gigantic $900 billion spending bill full of
fat, pork, welfare, entitlements and social engineering. It won't do jack
shit to fix the economy but it will keep you from thinking about it.
Irish Mike
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Date: 07 Feb 2009 14:33:08
From: MZB
Subject: Re: Eco. fix--too simple?
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Actually, I agree that there seems to be a lot of CRAP in this bill.
I have not followed the machinations of the last 24-48 hours. Did they do
some cleaning up?
Mel
"Irish Mike" <mjostar@ameritech.net > wrote in message
news:cIkjl.10346$pr6.3575@flpi149.ffdc.sbc.com...
>
> "MZB" <moo@noway.prudigy.net> wrote in message
> news:hckjl.378$4h6.197@newsfe23.iad...
>> The biggest threat to our economy, as I see it, is unemployment. I really
>> expect the next big crisis to be a credit card crisis. It might even
>> dwarf the home mortgage crisis due to its breadth. As people lose income
>> they will rely too much on credit cards. It will be enough to push people
>> over the edge. Of course, then they go bankrupt and the banks take
>> another hit. While I agree they deserve a lot of hits for peddling
>> sub-prime mortgages and foisting credit cards on everyone, when the banks
>> go under we have our credit crunch which hurts businesses and,
>> indirectly, all of us. Actually, for those of us who are investors, it
>> hurts us directly. Companies cannot get credit and suffer. Stocks and
>> bonds both suffer.
>>
>> So, what to do. I realize this is overly simplistic, but we know our
>> infrastructure is crumbling, figuratively and literally. Why not a
>> massive infusion to build/rebuild/repair our roads, bridges, tunnels,
>> electric grids, etc.? Wouldn't that create a LOT of jobs and ease the
>> aforementioned burdens. I know one problem is the speed. It takes a long
>> time between signing a bill, allocating funds, and actually starting
>> projects. Surely there must be a way to get this on a fast track.
>>
>> Also, as we keep giving the banks more money, can't we REQUIRE that they
>> lend out money?
>>
>> Comments?
>>
>> Mel
>
> Well one option is to create a gigantic $900 billion spending bill full of
> fat, pork, welfare, entitlements and social engineering. It won't do jack
> shit to fix the economy but it will keep you from thinking about it.
>
> Irish Mike
>
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Date: 07 Feb 2009 17:51:19
From: Irish Mike
Subject: Re: Eco. fix--too simple?
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"MZB" <moo@noway.prudigy.net > wrote in message
news:Tlljl.2875$5B.277@newsfe20.iad...
> Actually, I agree that there seems to be a lot of CRAP in this bill.
>
> I have not followed the machinations of the last 24-48 hours. Did they do
> some cleaning up?
>
> Mel
Last I heard the Dems were forced cut about $100 billion in pork from this
welfare, entitlement, grow-the-fedeeral-government spending bill, to get
three senate Republicans to vote for it. It's still a fucking disgrace
especially since McCain and the Republicans offered an alternative bill
that would have given tax cuts, stablized the real estate market and
stimulated job creation for half the cost. Here's the beauty part. Not one
single Republican voted for the bill in Congress and only three Republicans
voted for it in the Senate. Now watch Obama and Pelosi try to pass it off
as "totally bi-partisan".
Irish Mike
> "Irish Mike" <mjostar@ameritech.net> wrote in message
> news:cIkjl.10346$pr6.3575@flpi149.ffdc.sbc.com...
>>
>> "MZB" <moo@noway.prudigy.net> wrote in message
>> news:hckjl.378$4h6.197@newsfe23.iad...
>>> The biggest threat to our economy, as I see it, is unemployment. I
>>> really expect the next big crisis to be a credit card crisis. It might
>>> even dwarf the home mortgage crisis due to its breadth. As people lose
>>> income they will rely too much on credit cards. It will be enough to
>>> push people over the edge. Of course, then they go bankrupt and the
>>> banks take another hit. While I agree they deserve a lot of hits for
>>> peddling sub-prime mortgages and foisting credit cards on everyone, when
>>> the banks go under we have our credit crunch which hurts businesses and,
>>> indirectly, all of us. Actually, for those of us who are investors, it
>>> hurts us directly. Companies cannot get credit and suffer. Stocks and
>>> bonds both suffer.
>>>
>>> So, what to do. I realize this is overly simplistic, but we know our
>>> infrastructure is crumbling, figuratively and literally. Why not a
>>> massive infusion to build/rebuild/repair our roads, bridges, tunnels,
>>> electric grids, etc.? Wouldn't that create a LOT of jobs and ease the
>>> aforementioned burdens. I know one problem is the speed. It takes a long
>>> time between signing a bill, allocating funds, and actually starting
>>> projects. Surely there must be a way to get this on a fast track.
>>>
>>> Also, as we keep giving the banks more money, can't we REQUIRE that they
>>> lend out money?
>>>
>>> Comments?
>>>
>>> Mel
>>
>> Well one option is to create a gigantic $900 billion spending bill full
>> of fat, pork, welfare, entitlements and social engineering. It won't do
>> jack shit to fix the economy but it will keep you from thinking about it.
>>
>> Irish Mike
>>
>
>
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Date: 07 Feb 2009 13:04:44
From: Porsche_Dan
Subject: Re: Eco. fix--too simple?
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No it is still a big pile of steaming political shit. What in the hell are
these politicians thinking? This whole Robin Hood thing is starting to
piss me off! Leave the job creation to the people who actually create the
jobs for Christs sake!
Fucking welfare, how does that create jobs? Reduce spending on education
and keep the welfare Mommies fat dumb and happy? Well done Mr President!
You can stop pandering, you won the election, now do your fucking job!
On Feb 7 2009 11:33 AM, MZB wrote:
> Actually, I agree that there seems to be a lot of CRAP in this bill.
>
> I have not followed the machinations of the last 24-48 hours. Did they do
> some cleaning up?
>
> Mel
> "Irish Mike" <mjostar@ameritech.net> wrote in message
> news:cIkjl.10346$pr6.3575@flpi149.ffdc.sbc.com...
> >
> > "MZB" <moo@noway.prudigy.net> wrote in message
> > news:hckjl.378$4h6.197@newsfe23.iad...
> >> The biggest threat to our economy, as I see it, is unemployment. I really
> >> expect the next big crisis to be a credit card crisis. It might even
> >> dwarf the home mortgage crisis due to its breadth. As people lose income
> >> they will rely too much on credit cards. It will be enough to push people
> >> over the edge. Of course, then they go bankrupt and the banks take
> >> another hit. While I agree they deserve a lot of hits for peddling
> >> sub-prime mortgages and foisting credit cards on everyone, when the banks
> >> go under we have our credit crunch which hurts businesses and,
> >> indirectly, all of us. Actually, for those of us who are investors, it
> >> hurts us directly. Companies cannot get credit and suffer. Stocks and
> >> bonds both suffer.
> >>
> >> So, what to do. I realize this is overly simplistic, but we know our
> >> infrastructure is crumbling, figuratively and literally. Why not a
> >> massive infusion to build/rebuild/repair our roads, bridges, tunnels,
> >> electric grids, etc.? Wouldn't that create a LOT of jobs and ease the
> >> aforementioned burdens. I know one problem is the speed. It takes a long
> >> time between signing a bill, allocating funds, and actually starting
> >> projects. Surely there must be a way to get this on a fast track.
> >>
> >> Also, as we keep giving the banks more money, can't we REQUIRE that they
> >> lend out money?
> >>
> >> Comments?
> >>
> >> Mel
> >
> > Well one option is to create a gigantic $900 billion spending bill full of
> > fat, pork, welfare, entitlements and social engineering. It won't do jack
> > shit to fix the economy but it will keep you from thinking about it.
> >
> > Irish Mike
> >
---
RecGroups : the community-oriented newsreader : www.recgroups.com
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Date: 07 Feb 2009 17:02:57
From: FangBanger
Subject: Re: Eco. fix--too simple?
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On Feb 7 2009 3:04 PM, Porsche_Dan wrote:
> No it is still a big pile of steaming political shit. What in the hell are
> these politicians thinking? This whole Robin Hood thing is starting to
> piss me off! Leave the job creation to the people who actually create the
> jobs for Christs sake!
>
> Fucking welfare, how does that create jobs? Reduce spending on education
> and keep the welfare Mommies fat dumb and happy? Well done Mr President!
> You can stop pandering, you won the election, now do your fucking job!
This is like the 4th time you have mentioned "fat women " .. something you
need to share with us ?
>
>
> On Feb 7 2009 11:33 AM, MZB wrote:
>
> > Actually, I agree that there seems to be a lot of CRAP in this bill.
> >
> > I have not followed the machinations of the last 24-48 hours. Did they do
> > some cleaning up?
> >
> > Mel
> > "Irish Mike" <mjostar@ameritech.net> wrote in message
> > news:cIkjl.10346$pr6.3575@flpi149.ffdc.sbc.com...
> > >
> > > "MZB" <moo@noway.prudigy.net> wrote in message
> > > news:hckjl.378$4h6.197@newsfe23.iad...
> > >> The biggest threat to our economy, as I see it, is unemployment. I
really
> > >> expect the next big crisis to be a credit card crisis. It might even
> > >> dwarf the home mortgage crisis due to its breadth. As people lose
income
> > >> they will rely too much on credit cards. It will be enough to push
people
> > >> over the edge. Of course, then they go bankrupt and the banks take
> > >> another hit. While I agree they deserve a lot of hits for peddling
> > >> sub-prime mortgages and foisting credit cards on everyone, when the
banks
> > >> go under we have our credit crunch which hurts businesses and,
> > >> indirectly, all of us. Actually, for those of us who are investors, it
> > >> hurts us directly. Companies cannot get credit and suffer. Stocks and
> > >> bonds both suffer.
> > >>
> > >> So, what to do. I realize this is overly simplistic, but we know our
> > >> infrastructure is crumbling, figuratively and literally. Why not a
> > >> massive infusion to build/rebuild/repair our roads, bridges, tunnels,
> > >> electric grids, etc.? Wouldn't that create a LOT of jobs and ease the
> > >> aforementioned burdens. I know one problem is the speed. It takes a
long
> > >> time between signing a bill, allocating funds, and actually starting
> > >> projects. Surely there must be a way to get this on a fast track.
> > >>
> > >> Also, as we keep giving the banks more money, can't we REQUIRE that
they
> > >> lend out money?
> > >>
> > >> Comments?
> > >>
> > >> Mel
> > >
> > > Well one option is to create a gigantic $900 billion spending bill full
of
> > > fat, pork, welfare, entitlements and social engineering. It won't do
jack
> > > shit to fix the economy but it will keep you from thinking about it.
> > >
> > > Irish Mike
> > >
Those who can make you believe absurdities can make you commit atrocities.
Voltaire
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Date: 07 Feb 2009 18:00:58
From: Porsche_Dan
Subject: Re: Eco. fix--too simple?
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> > Fucking welfare, how does that create jobs? Reduce spending on education
> > and keep the welfare Mommies fat dumb and happy? Well done Mr President!
> > You can stop pandering, you won the election, now do your fucking job!
>
> This is like the 4th time you have mentioned "fat women " .. something you
> need to share with us ?
Fat Poor People
Deafening Silence
Jumbo Shrimp
Holy Hell
Suicide Victim
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