AIG Bailout. Problem solved.

[frisco-rigid]

Finally I think I can keep it short..

Predatory lenders--- like I said before, if a guy/Co. act's illegally punish him..
To my knowledge there is nothing ILLEGAL about offering stupid loans to stupid folk.. The term Predatory Lending is only meant to enflame..
Big bonuses for top exec's--- find a law that's been broken and punish them..

The Used car sales pitch is an OK example but not applicable.. They said it's gotta be done quickly but they're still taking their time..

I also don't know where we're getting the money from.. Right now however something must be done to get money moving again.. This is faster than encouraging jobs to come back..

It might be time to stop frivolous lawsuits.. I'll be much more comfy with a Conservative leadership in charge of "Un-Limited power without re-dress" rather than a Liberal/socialist leadership..

Global economists---I cannot comment on that other than to say I've always been opposed to a One world Order,,Global economy etc.. I don't like that either..

We got into this boat cuz of Liberalism, why do you Not understand that..??
The jobs left cuz of over-taxation and GOV regulations from EPA, Endangered Species, Dis-abled Amer. Act, frivolous Lawsuits, Unions, Affirmative Action.. I simply can't think of them all.. They probably won't come back, wish they would but I cannot blame them..
Heck,, even Levi-Strauss, one of the most Left-wing Co.s we once had is now manufacturing outa bounds.. Why you might ask,, ha, everything I listed and everything they claim to agree with.. That's why I consider Libs as the most Hypocritical of all..
Hyphenated, yes, ask the liberals why that is.. We conservatives NEVER encouraged that crap.. Ha, you wonder why I hate Libs, jeeeze.. Manipulation has nothing to do with it.. What--- do you see a conspiracy theory there.?

This next paragraph in line we agree on..

The Bail-out, we dis-agree there.. I don't think letting the canoe go over the falls is the right move..

Anti-American Vitriol.. That's what you offered.. You get what you give..
Your posts are now making more sense, actually something to respond to..

Painful you say, naw, it's actually enjoyable fun now..
Darn-it,, still too long..

[JCourneyaP]

You both gave me one hell of a headach! I had to look stuff up in dictonary and other stuff on the web. Both have valid points. All I know is a whole bunch of folks F----A lot of stuff up. This was going on before the man Jesus walked the earth.

I don't agree with a bailout. Northwest Airlines was bailed out of few times in Minnesota and they still continue to mess up. Kid throws rocks through your window and runs out you don't give him more. I woulda shut em down and another carrier woulda stepped in to fill the void. Cheaper and with less whinning!

However- If you did save their butts there needs to be some action taken on those inside the company that allowed or mis-managed. That would make the other greedy bastards think a bit if there was punishment for their unfavorable deeds. What about the idiots that signed the the papers and could not pay. Debtors Prison? Folks tend to spend way more than they earn. Cash on the barrel Head! Credit only in emergencies or basics to survive.

Plenty other finance companies waiting to swoop in and feed off the carnage left by these guys. Banks come and go. Fed closes some down. It all Funny money.

Question to you two......How does one fix the mess we are in. What can the average hardworking United States Citizen do to get this country back on its feet? This machine needs to be torn down and rebuilt.

[frisco-rigid]

Nope, no bared teeth this time,, many good points..

The education point is very good-- anymore it's more like Indoctrination of the Youth..

And laws that exempt the Politicians, right-on..

But back to JC's original question-- how do we fix this mess.......???

Like I stated before, I do not know.. I can only hope that the Bail-out will work.. We gotta get Money circulating even if it IS based on credit again,, but this time HOPEFULLY with more oversight such as Temporarily suspending super high salaries for Co. exec's, etc etc.. A permanent take-over of these Co.'s with mandated salary caps would teeter between Socialism and Communism, but I think this plan is more like huge loans with some conditions..
That's where Steel and I dis-agree, he's in favor of letting it play out and of course it would eventually do just that-- just like the earth will eventually reclaim everything we've built..
I think that'll just take too long and too many bizzes and folk will go down while it's Playing out..
Remember,, virtually all of this debt is based on Real Estate.. Real Estate always will regain it's value cuz folk will always need to live Somewhere..
Fingers crossed..!!

[milindh]

I'd like to hear what Wrightturn would propose to fix (as much as possible) this mess. From what has come from him so far, it seems he at least has spent some very up close and real time in the belly of the beast. Personally I think the "fix" proposed will end up being, as someone else has said already, a bandaid on a bad wound.

Whaddya think Wright....?