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Thread: Pistachio Recall: A True Sign of the Apocalypse

  1. #9
    swords's Avatar
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    Well ya can't have it both ways. I know it's America and we're supposed to have the cake and eat it too but if the stipulation (rule) for these insane loans is "for the moolah you have to loose the punta" so be it. I suppose another stipulation for the next guy is that he can't have a salary higher than the combined income of my town. I don't see a problem with government control in a company that asks for assistance - be careful what you ask for. If companies want to stay "free market" (biggest joke running...) they should not go begging for handouts/bailouts/fraudulent taxation, call it whatever you like. The services of an auto company will still be needed so if GM crashes big deal, someone will be along to take their place. Since "Oh nobody wants that" we're going to have GM stand for Government Motorcars.

    I really see it as these companies/execs having dug their own graves to hide their ill-gotten booty, I say let them jump in and drown in them. I'm not speaking specifically about the auto guys but every one of these companies deserves to fail, or worse. Their insatiable greed does not deserve our pity or admiration.

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    I have to say that the CEO of a failing company should be forced to step down if they want money from the government. Along with the entire executive decision making system, as they created the problem. The leaders of all of those banking institutions should be forced to step down too, without their millions of dollars in bonuses for running their companies into the ground. Though with the auto industry the UAW deserves a good portion of the blame as well. They need to realize that if they dont start accepting reasonable wages and benefits they arent going to have a job at all.

    As for the whole Chavez thing, I was just trying to point out that Chavez is trying institute much more government control over things than I think the US government would ever try to put in place, mainly because the lobbyists have bought Washington and would never let thing nationalize because that means no more free vacations and piles of money for Congressmen and that just cant happen.

    The living in a cave thing was a joke, but lately I am thinking it might be a good idea, no rent, central air, pets pre-installed, and it probably easier to find a job in a cave scraping up guano for organic fertilizer.
    "We're terrible animals. I think that the Earth's immune system is trying to get rid of us, as well it should." - Kurt Vonnegut

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    my concern over the GM CEO beong forced out by Obama is why in the hell didnt he force out all the bank CEO's.....you either do them all or none.....
    cervid serial killer
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    I didn't get stimulated but he kept his promise on change, that's about all I got left!
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  4. #12
    swords's Avatar
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    Probably due to him having connections in the banking industry we never knew about or imagined. Everybody was so busy looking for erroneous connections to Allah and Marx that they didn't stop to think, "maybe he's a capitalist pig like most of the other politicians?" lol!

    I don't think UAW or the workers are to blame at all, at all. It's a common tactic of corporations to try and pin the blame on the lowest wage earners, the "peons". TV pundits pick up on that and run with it, there's no gain for the media in propping up the poor. Some guy living in a dilapidated trailer pulling $25 an hour and retirement benefits (which he may not live long enough to use anyway) doesn't equal $20 million a year.

    I've heard of something called a "right to work" law looking to be passed in some southern states where the auto companies want to pay substandard wages and no benefits "to help the people". lol!

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    Quote Originally Posted by rattler_mt View Post
    my concern over the GM CEO beong forced out by Obama is why in the hell didnt he force out all the bank CEO's.....you either do them all or none.....
    Would that we be able to fire incompetent politicians with the same ease that our government is able to pressure the private sector; and that we didn't have to wait until the next election cycle to do so.

    Sure, there should have been one huge purge of all of the incompetents -- from the bottom up and not political presssure from the Executive Branch; but the banks also had a serious political problem, essentially extorted by Washington and local politicians to give out those NINJA (no income, no job, assets) in many urban areas, an effort to "even the playing field."

    A fellow I know from my time in Latin America, working as a "migrant worker" picking strawberries, qualified for a 600,000 dollar home, here in California. Do you think for a moment he had any of the financial bona fides for a home loean? He didn't even have legitimate ID or a bank account in his name in the US . . .

    Just having lived for a time in countries that have turned toward nationalization, it's nothing that I'd like to see here. No good can of it; and if you wish to punish businesses, sue them in courts of law for malfeasance when the opportunity arises. Simply don't hobble US business with the hope of ever finding work. The US government cannot balance it own books; and the financial wünderkind expected to steer us to recovery couldn't even manage his own personal taxes (Geitner blamed Turbo Tax for his "error" of 100K ), much less the woes of a country of three hundred million . . .
    “Sì perché l'autorità dell'opinione di mille nelle scienze non val per una scintilla di ragione di un solo . . ."

    -- Galileo "Biff" Galilei

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    the car manufacturers should go through the bankruptcy process.....someone will pick up the assets for pennies on the dollar and try and make a profit off it.....its the way things are supposed to work....hell the feds couldnt run the Mustang Ranch and turn a profit, if they cant do that they dont have a chance in hell at running banks and car manufacturers......the only government entity thats EVER turned a profit is the IRS, and there are laws in place to insure it......
    cervid serial killer
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    I didn't get stimulated but he kept his promise on change, that's about all I got left!
    http://www.wolfpointherald.com/--http://www.safety-brite.net/

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    Quite simply a Democracy should be the voice of the people; the only way such a thing will ever work is rather then having politicians pass the laws they should propose them and let the people decide by means of a referendum.

    And I agree with rattler, small business must suffer the consequences when they fail, so why shouldnt the big boys? Bailing them out won't help with the peoples budget problems. Big companies will continue to do what they do best: find loop holes and invest their money for the cheapest labor possible.

    Rather then bailing out the car companies; bail out the single parents working 70 hrs a week to support 3 children. Bailout the middle class families that cant afford to send their kids to college because $12,000 a year is the norm. That's who spends money and truly runs the economy, not the manufacturers though they have a minor role in it.
    Teach people to buy what they can afford (other then homes and cars of course) and you reduce a deficit of $25,000 per person to possibly 0 or even better yet....a net Gain rather then spend 3 times the amount of something then it's really worth.

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    Quote Originally Posted by rattler_mt View Post
    the car manufacturers should go through the bankruptcy process.....someone will pick up the assets for pennies on the dollar and try and make a profit off it.....its the way things are supposed to work....hell the feds couldnt run the Mustang Ranch and turn a profit, if they cant do that they dont have a chance in hell at running banks and car manufacturers......the only government entity thats EVER turned a profit is the IRS, and there are laws in place to insure it......
    I agree with you -- to a degree. The only problem with simply letting the auto industry go belly up is the disruption of the economic food chain. Outright, it's obviously the tens of thousands of jobs that immediately evaporate, but also the parts suppliers nationwide who close down, the town's legions of small businesses which supported those auto workers, the town's loss of tax revenues, and on and on, right down to the Tacos Morenos Roach Coach outside the plant.

    In an odd fashion, a similar thing occurred with the wholesale closure of military bases in the 1990s. Whole revenue streams and supporting towns simply dried up as a result; and it took nearly a decade for Seaside, California, for example, to come back with the arrival of the California University on the site of the former Fort Ord.

    Ultimately, it is the little guy who gets the high colonic in the process -- one way or the other; but now, without the comfort afforded by a pint of Ben and Jerry's Pistachio-Pistachio Ice Cream.

    Approaching hoof-beats. I'm telling you, man . . .
    “Sì perché l'autorità dell'opinione di mille nelle scienze non val per una scintilla di ragione di un solo . . ."

    -- Galileo "Biff" Galilei

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