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Thread: Government to the Rescue

  1. #11
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    Quote Originally Posted by swampcollielover View Post
    You can call Republican's many things, if you must! But referring to them as Socialists is over the top, ridiculous!

    I understand you are doing this because the Senate voted on this 'bailout' and the Senate is controlled by Republicans. The vote was 47-47~! Half Democrats and half Republicans.....So we can agree that the Senate voted on this bill, and you could make a case that giving newly printed money to Americans is a Socialist approach by Government. I get that and agree with that!

    And their have been other areas where our government is doing things that are Socialist in nature, (e.g. Obamacare, National Control of our Education, etc.)

    Unfortunately, for you the only Party that openly supports Socialists and Socialist ways is the Democrats (e.g. Bernie Sanders, Redistribution of wealth - Obama, etc. etc.)

    So if you going to try and pin Socialism on Republicans, you may find a few times when a Republican supported something Socialistic, but they are exceptions. Contrary to that the Democrats have opening supported Socialist candidates, have socialist large portions of our economy, and always attack the rich to give to the poor, which of course is pure Socialism...
    I have lived through the days of tight money & the inability to finance even credible endeavors because of tight money.
    There has to be an accommodation in order to provide sufficient funds to monetize endeavors, even those questionable,
    in order to make things flow. Tight money does not provide that accommodation.

    If one is paying attention they can see how fragile the system is & how many businesses ae living on yesterday's receipts.
    It is not a system that is partisan.

    As I have explained to my sons & their investing, "If you do not have an occasional bankruptcy in your investing in stocks
    you are probably not taking sufficient risk."
    __________________________

    Marvin S

    Everyone's friend is No One's friend

    Someday your life will flash before your eyes. It's your responsibility to make sure it's worth watching!

    The world is a dangerous place to live. Not because of those who are evil, but because of those who
    choose to do nothing about that! Einstein

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  3. #12
    Senior Member swampcollielover's Avatar
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    Marvin,
    I too have lived during those times you mention. I don't disagree with what you say. I worked in business for over 45 years, including 10 years in bank operations. I guess we both have seen it all...the one that I recall most was driven by Democrats in Congress in an effort to get more lower income people in homes, they started to play with mortgage loans....I am sure you too recall...

    Times when money was tight, is generally when people/businesses cannot afford/qualify for loans coupled with soft and/or declining market conditions when companies earning are soft/ declining. Couple that with Congress purchasing bad mortgages that they had forced into the mortgage market by leveraging those banks/companies to make mortgage loans to individuals that could not afford the payments. When Congress finally had a balloon full of bad mortgages the bubble popped. This was on time when money got tight, real tight, thanks to bad leadership in Congress.....

    Bad political policies or lack of policies can and have impacted our economy far to many times....most politicians have no economic or financial backgrounds...they most are lawyers...

  4. #13
    Senior Member road kill's Avatar
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    Kinda funny.
    Nancy P impeached Trump for with holding aid to Ukraine.

    But she with held aid to Americans.

    Quid Pro Quo?
    Stan b & Elvis

    So what is big is not always the Trout nor the Deer but the chance, the being there. And what is full is not necessarily the creel nor the freezer, but the memory, the MOMENT." ~ Aldo Leopold

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  6. #14
    Senior Member swampcollielover's Avatar
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    RK...Good observation! I just cannot understand why the Democratic Party has placed such 'disturbed' people in leadership roles throughout Congress! If this really the best the have or are they 'mocking' the concept of having a U.S. Congress...?

  7. #15
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    Quote Originally Posted by roseberry View Post
    Two trillion is a lot of money......alls i gotta do is figure out how to get point one percent of that for myself......and I'm a billionaire!
    I'd like to assume you'd share. I'd like a tenth of your take.
    Eric

    WRC HR Lennoxlove's Run with Wolves JH, WCX ("Cheyenne") ... still so fondly remembered
    HRCh Struan's Devil's in De Tails SH, WCX ("Lucy") ... as is her daughter
    SR CH Struan's Flight of Fancy JH WC ("Muse") ... gone now also
    Struan's Master of the Hunt JH, WC ("Charlie") ... also gone
    Struan's Just Plain Perfect ("Jane")
    NSDTR/CH Struan's Driving Us Crazy JH WCI ("Daisy") ... the baby in charge
    Honeyrun's Duchess of Argyll ("Socks")
    Dixie ... the "spare parts" dog

  8. #16
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    Quote Originally Posted by swampcollielover View Post
    Marvin,
    I too have lived during those times you mention. I don't disagree with what you say. I worked in business for over 45 years, including 10 years in bank operations. I guess we both have seen it all...the one that I recall most was driven by Democrats in Congress in an effort to get more lower income people in homes, they started to play with mortgage loans....I am sure you too recall...

    Times when money was tight, is generally when people/businesses cannot afford/qualify for loans coupled with soft and/or declining market conditions when companies earning are soft/ declining. Couple that with Congress purchasing bad mortgages that they had forced into the mortgage market by leveraging those banks/companies to make mortgage loans to individuals that could not afford the payments. When Congress finally had a balloon full of bad mortgages the bubble popped. This was on time when money got tight, real tight, thanks to bad leadership in Congress.....

    Bad political policies or lack of policies can and have impacted our economy far to many times....most politicians have no economic or financial backgrounds...they most are lawyers...
    Remember the "American Dream Down Payment Fund"? No need for those who can't afford a home, to not buy one, Bush to the rescue.
    https://www.c-span.org/video/?170576...-radio-address

    "One of the biggest hurdles to homeownership is getting money for a down payment. This administration has recognized that, and so today I'm honored to be here to sign a law that will help many low-income buyers to overcome that hurdle, and to achieve an important part of the American Dream." -junior


    Or your guy Sowell laying blame:


  9. #17
    Senior Member roseberry's Avatar
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    Quote Originally Posted by Eric Johnson View Post
    I'd like to assume you'd share. I'd like a tenth of your take.
    Trickle down, just be around when it go down.
    john mccallie

    cornbread and ice tea 's took the place of pills and 90 proof

  10. #18
    Senior Member roseberry's Avatar
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    Mn, It should not be a fault for a man like Bush to give an "American Dream" to those who don't deserve it!

    Neither is it the fault of those who didn't deserve the "American Dream" to prove they didn't deserve it.

    Besides, he was still drunk when he said all that.
    john mccallie

    cornbread and ice tea 's took the place of pills and 90 proof

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  12. #20
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    In the old days it was considered essential that management be proactive. In fact, many companies
    established by law that there was a level of management where one could be considered to have
    established a precedent. That no longer seems to be the case.

    It's obvious that if something happened when the world was less populous that the same thing on a
    bigger scale could happen considering the cleanliness standards of the world as we know it. Yet the
    doctors who have been in their positions under multiple POTUS seem capable of spewing statistics
    that are meaningless when they failed to have some sort of recommendation in place should there
    be a repeat of previous epidemics.

    & the Governors, blaming the Feds for a lack of supplies when in fact State governments are responsible
    for "Certificates of Need".

    There is no shortage of meaningless BS spewed by the governments, yet in this case they are being hailed
    as responsive, when in fact, they are the ones that dropped the ball!
    __________________________

    Marvin S

    Everyone's friend is No One's friend

    Someday your life will flash before your eyes. It's your responsibility to make sure it's worth watching!

    The world is a dangerous place to live. Not because of those who are evil, but because of those who
    choose to do nothing about that! Einstein

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