Post by capstickfan on Mar 18, 2009 11:44:11 GMT -5
Is this ridiculous or what. We (the taxpayers) give AIG 170 Billion dollars and then are supposed to be outraged that they spent 165 million on bonuses for their incompetent employees. I agree on the surface it seems pretty disturbing, but shouldn't we really be outraged that we gave them 170 BILLION dollars? This is like loaning a friend $20 and getting pissed off that he spent a nickel on a piece of gum.
Congress is starting to look like a joke to me. I don't want them spending my hard earned tax money on companies that are "too big to fail". I am pretty sure the horse and buggy and stagecoach business went in the tank when Mr Ford started making automobiles. It is the law of the jungle, survive or die, adapt or die. We are beginning to see the end of Capitalism and the ushering in of Socialism. Beware!
Post by Flhawghuntr®™ on Mar 18, 2009 13:44:53 GMT -5
Hey it's not their fault that the stupid Lib Oduma rushed the aid through the congress. The Constitution says that the govt have no right to try to break a contract of another company. Screw them this just goes to show that the IDIOTS who voted for Oduma blew it bigtime. Yes you all know who you are if you voted for ole Lib Oduma you are a about f'n stupid.
You wouldn't let a nurse do brain surgery but the tards voted a person into the white house who had no executive experience at all. The American losers who voted this nut into office deserve everything they get!
Post by outdoorsman260 on Mar 18, 2009 19:24:42 GMT -5
The Constitution says that the govt have no right to try to break a contract of another company.
I have said it before, we signed the Constitution in 1776 and rather quickly set about violating it. Alien and Sedition Acts anyone? We started expanding the federal government in earnest after Lincoln.
Of course it's horrible economics to bail out companies that can't compete. The Democrats generally aren't the best when it comes to sounds economic policy.
This goes back to education for me. Economics should be REQUIRED in high school, and we should get econ majors in front of classes. Instead, our kids take worthless classes like Chorus, Theater, Film, and Ag instead of Math, English, Sciences and the various Social Studies. Even if they're in those core classes, you had better believe that the kid will not be there if they have some extra curricular activity. Because you learn a whole lot more at a football game than you do in Algebra II.
And then we wonder why we have a nation of idiots that will support the bailing out of companies that should shut down. It doesn't make a damn bit of sense. But, as they say, common sense isn't all that common.
"No man's life, liberty, or property are safe while the Legislature is in session."
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