Results 61 to 70 of 76
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10-12-2008 #61
Re: White folks who try it(another rant of mine)
Originally Posted by DarkThanos
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10-12-2008 #62
[quote="beandip"]
Originally Posted by yodajazz
Lax regulation allowed banks to get into riskier practices, as well as other financial organizations. Unsound practices, like being able to buy stock by borrowing money and then selling for a profit without having to put up any of your own money, over inflated the value of stocks. An article I read, put the cause of the rise gas prices more on commodities speculation. I believe it. Let me ask you, have China and India stopped using gas in the last 2-3 weeks, so that the price could come down? No, the answer is that there is less money out there to drive up the price through commodities speculation.
The Republican/Conservative philosophy since Reagan has been for less government oversight. This crisis is the result of unsound business practices by financial managers looking for quick profits without looking at the bigger long term picture. The whole US manufacturing base has been eroded as Corporations were allowed to ship jobs overseas to industries which are often subsidized by the host nation. Now we don’t have enough people making money to buy cars, etc. Each company has a better profit margin through lower labor costs, but the bigger picture is a nation unable to produce it’s own goods sending money out other nations economies.
The same government that people are complaining about has the task to establish and regulate sound financial practice. After years of lobbying for less government intervention, the same people turn around and ask them for a bailout, shifting some of the financial burden to those people whose jobs they wanted outsourced.
I’ll admit that I am just learning, but your reasoning doesn’t take into account the much bigger financial market, like the 60 Minutes story.
I do appreciate the Republican Party for fighting for, and passing the 13th Amendment in 1865, 107 years ago. But my honest opinion is that the average American, these days in an indentured servant to the credit industry. Larger and larger amounts of our productivity are going for paying credit costs and penalties. As Jesus Christ might say, we were 'led into temptation'.
P.S. I agree with everything said by Sarah G, in her post above. Great post Sarah.
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10-12-2008 #63Originally Posted by yodajazz
Too many people are quick to jump on the anti-free market bandwagon, when in truth that provides the greatest amount of individual freedom and better living conditions overall. People can call our economic structure over the past 100 years many things, free market shouldn't be one of them.
This mixed bag economic policy, combined with run-away government spending/borrowing, and intervention to save companies/individuals that have made poor choices is coming back to fuck us.
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10-12-2008 #64
- Join Date
- Jul 2008
- Location
- Atlanta, GA
- Posts
- 96
Originally Posted by braveman
Insert Witty One Liner Here
Faves:
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10-12-2008 #65Originally Posted by boondocksaint
Don't be a George.
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10-13-2008 #66
Re: White folks who try it(another rant of mine)
Originally Posted by goldensamba
No candidate can deliver anything he's promised to date. You have The House of Repreretards to go through. Though, Obama is a Democrat, he's not one of the in-crowd yet and will have to give on tons of principles to get what he wants. McCain is one of the in-crowd, but in the wrong party, so he won't get shit either. And don't bring up Kerry, he was a stationary dildo with a dead battery. The Clintons knew how to get people blown, so they were popular.
We got what? 20 something days and I don't know who to vote for. Show me something in these last 20 or so days. Who has balls? Step out of the box.
Ain't gonna happen, they will stay in the safe media box.
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10-13-2008 #67
Re: White folks who try it(another rant of mine)
Originally Posted by ezed
The ugly scenes at his rallies are another. The fact that it took him a week and tons of media pressure ot put a stop to the racial crap shows me he is not the right man for the job.
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10-13-2008 #68
- Join Date
- Nov 2007
- Posts
- 308
Good reply SarahG...at least someone here has a clue.
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10-13-2008 #69
- Join Date
- Nov 2007
- Posts
- 308
Originally Posted by lisaparadise
You might come off a sounding tad bit more intelligent instead of just name calling.
Give it a try.
Look up Zbigniew Brzezinski .
I listen to 104.1 out of Hartford. Hard rock. I'm not an ass sucking bootlicker for either so called "political party".
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10-13-2008 #70
- Join Date
- May 2005
- Posts
- 460
Originally Posted by beandip
Nothing to see here folks.