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Think up some plausible blackmail and hey, the congress might spring for it. 
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I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891 -
Oh right, "less QQ and more pew pew" is how the military industrial complex does it, forgot which thread I was in.Comment
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It's gonna help a lot if you are a banker or something like that.Originally posted by DanS
Think up some plausible blackmail and hey, the congress might spring for it.
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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We didn't get Free Enterprise. Free Enterprise got us.Originally posted by Zkribbler
Everyone believes in the Free Enterprise system except for capitalists.
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Free enterprise works excellently, except when it doesn't.Lime roots and treachery!
"Eventually you're left with a bunch of unmemorable posters like Cyclotron, pretending that they actually know anything about who they're debating pointless crap with." - Drake TungstenComment
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Then the homebuilders and appliance makers...
Builders Group Faults Stimulus PlanAt the home builders' annual meeting here, which is attended by more than 100,000 builders, appliance makers and other housing suppliers, the industry's leaders struck an angry tone and said the package won't make a big enough difference to their battered industry.
"As far as we are concerned, Congress hasn't done enough to help the housing market," said Jerry Howard, chief executive of the National Association of Home Builders. "We feel like the concerns of our industry have been ignored."
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The trade association's leaders said they are heading back to Capitol Hill in an attempt to encourage Congress to draw up more stimulus measures such as tax breaks for builders and tax credits for home buyers. Buyer tax credits, they said, would help to ease one of the biggest problems weighing over the housing sector: a huge inventory of unsold homes.
Such tax credits were enacted by the Ford Administration to help clear a glut of unsold new homes amid a recession in 1975. Those credits were worth 5% of a new home's value, up to $2,000. The tax credits would apply to home buyers who bought from a home builder's supply of completed or partially-built homes.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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The way I see it, the lenders big and small are already getting a bailout in at least the tens of billions from the rebate scheme. Where do you think most of the money given to people is going to go? Sure, some will blow it on more crap they don't need, but I have a feeling most will pay down their debts with it.
I think that if lenders want a bailout, it should be contingent on accepting stricter regulation of banking and securities. Fat chance of that happening though.Comment
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Do not bail out the banks, do not go out to avoid recession, Japan tried that in the 80's and 90's and stagnated for 15 years or so. Let the problems work their way through the system, and many of the imbalances in the American economy will reduce. A short recession that will result will allow sustained growth in the years to come.
Also elect a government and president who will control the deficit better than those you've had recently.Comment
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Well trev, I think your last sentence is the real underlying problem isn't it."Ceterum censeo Ben esse expellendum."Comment
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Sure, some will blow it on more crap they don't need, but I have a feeling most will pay down their debts with it.
What makes this even more funny is that the majority of Americans getting rebate checks are uneffected by the downturn as of yet.
I am going to buy a grill
"The DPRK is still in a state of war with the U.S. It's called a black out." - Che explaining why orbital nightime pictures of NK show few lights. Seriously.Comment
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The problem is that you need banks for the economy to grow. As said already regulation is the only answer.Originally posted by trev
Do not bail out the banks, do not go out to avoid recession, Japan tried that in the 80's and 90's and stagnated for 15 years or so. Let the problems work their way through the system, and many of the imbalances in the American economy will reduce. A short recession that will result will allow sustained growth in the years to come.
Also elect a government and president who will control the deficit better than those you've had recently.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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All I know is that when I receive my stimulus check in May I'm going to spend it ................................... on electronics stuff from Japan!!!!!!
"I say shoot'em all and let God sort it out in the end!Comment
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Doc,
That's ok, because you have to pay it back next year, so the trade balance evens out.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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