Yeah, but can you really blame anyone with any moral fiber or intelligence for not wanting to associate themselves with that mess of idiots we have elected to office, on both sides. You almost have to have a pathological need for power and aggrandizement to whore yourself enough to get elected to national office, there are few good ones left.
Headlines
Obama and Harry Truman
- Thread starter gerritm
- Start date
Ratickle
Founding Member / Super Moderator
Drunken sailers with somebody elses credit cards with no limits......:boxing_smiley:
Ratickle
Founding Member / Super Moderator
He's spending like he stole the drunken sailors borrowed credit cards with no limits...
Oh wait, he did......:boxing_smiley:
jayboat
Banned
Try not to make it sound like it's ALL bad news, mmm'kay?
At least he invested some of it wisely. :sifone:
A little food for thought over at free exchange:
The government essentially bet that markets were beset by panic, and that once fear subsided banks would find themselves in better conditions and healthy enough to earn their way out of insolvency. At this point, even AIG is telling the government it will eventually be able to repay its assistance. This doesn't mean that the government couldn't have crafted a better solution to the crisis, but it does suggest that those bemoaning the high cost of the bail-out and basing their estimates on worst case scenarios involving no repayments were way, way off base. :willy_nilly:
03darkshadow
New member
i just need the redistribution of wealth to stop. i work hard and get up early every day to make money only for the gov't to give it to someone who doesnt feel like working. those same people are allowed to vote to where my money goes. darn... 
Ratickle
Founding Member / Super Moderator
Most of the commenters have it correct. The AIG money was given to the others who paid their's off with other bailout money. There is no "profit", only money shuffling from one entity to another. So the government traded billions for stock, the stock went up because of the influx of billions, now on paper they are making 20% "profit". Which one of the business schools taught that was "Profit"? It's nothing until they put the shares up for sale, and sell them at a profit. ALl of Goldmans profits came from the money the government paid them to manage AIG's money....
Ack!!!!!!!
Ratickle
Founding Member / Super Moderator
Next we'll hear how wonderful the Cash for Clunkers was. Even though the expense of processing the paperwork to date has been over $50,000,000 and they are afraid they will go over the $200 Million they cut it off short at to stay within budget. And over 60% of the money went to foreign corporations.
sellsman11
Sponsor
You should be ashamed of yourself to mention Obama and Harry in the same thread!!!!:ack2:
jayboat
Banned
Ack!!!, indeed.
I hope you are wrong, but I know better because it's you. I suppose you want me to thank you for setting me straight.
:willy_nilly:
sellsman11
Sponsor
:biggrinjester:I suppose you want me to thank you for setting me straight.
Wish I had the time to finish the job.:sifone::biggrinjester:
jayboat
Banned
Judging by your daily post count, time seems to be one thing you have in abundance. :sifone:
jayboat
Banned
Let's talk unemployment
The Onion seems to have it figured out.
Nation's Unemployment Outlook Improves Drastically After Fifth Beer
The Onion seems to have it figured out.
Nation's Unemployment Outlook Improves Drastically After Fifth Beer
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