Lindaland
  Global Unity 2.0
  Poverty Flourishing Under O'Bomber

Post New Topic  Post A Reply
profile | register | preferences | faq

UBBFriend: Email This Page to Someone! next newest topic | next oldest topic
Author Topic:   Poverty Flourishing Under O'Bomber
jwhop
Knowflake

Posts: 2252
From: Madeira Beach, FL USA
Registered: Apr 2009

posted September 12, 2010 09:01 AM     Click Here to See the Profile for jwhop     Edit/Delete Message
But hey, poverty is the end result of electing Marxist Socialist Progressives. Invariably, they do the exact opposite of what's called for in every economy over which they gain control.

Elections have consequences.

The consequences of electing the Marxist Socialist O'Bomber and his comrade demoscats in Congress were made known...and ignored...before the last election.

There are some who are unwilling to learn from history.

US poverty on track to post record gain in 2009
Hope Yen And Liz Sidoti, Associated Press Writers – Sat Sep 11, 2:13 pm ET

WASHINGTON – The number of people in the U.S. who are in poverty is on track for a record increase on President Barack Obama's watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty.

Census figures for 2009 — the recession-ravaged first year of the Democrat's presidency — are to be released in the coming week, and demographers expect grim findings.

It's unfortunate timing for Obama and his party just seven weeks before important elections when control of Congress is at stake. The anticipated poverty rate increase — from 13.2 percent to about 15 percent — would be another blow to Democrats struggling to persuade voters to keep them in power.

"The most important anti-poverty effort is growing the economy and making sure there are enough jobs out there," Obama said Friday at a White House news conference. He stressed his commitment to helping the poor achieve middle-class status and said, "If we can grow the economy faster and create more jobs, then everybody is swept up into that virtuous cycle."

Interviews with six demographers who closely track poverty trends found wide consensus that 2009 figures are likely to show a significant rate increase to the range of 14.7 percent to 15 percent.

Should those estimates hold true, some 45 million people in this country, or more than 1 in 7, were poor last year. It would be the highest single-year increase since the government began calculating poverty figures in 1959. The previous high was in 1980 when the rate jumped 1.3 percentage points to 13 percent during the energy crisis.

Among the 18-64 working-age population, the demographers expect a rise beyond 12.4 percent, up from 11.7 percent. That would make it the highest since at least 1965, when another Democratic president, Lyndon B. Johnson, launched the war on poverty that expanded the federal government's role in social welfare programs from education to health care.

Demographers also are confident the report will show:

Child poverty increased from 19 percent to more than 20 percent.

Blacks and Latinos were disproportionately hit, based on their higher rates of unemployment.

Metropolitan areas that posted the largest gains in poverty included Modesto, Calif.; Detroit; Cape Coral-Fort Myers, Fla.; Los Angeles and Las Vegas.

"My guess is that politically these figures will be greeted with alarm and dismay but they won't constitute a clarion call to action," said William Galston, a domestic policy aide for President Bill Clinton. "I hope the parties don't blame each other for the desperate circumstances of desperate people. That would be wrong in my opinion. But that's not to say it won't happen."

Lawrence M. Mead, a New York University political science professor who is a conservative and wrote "The New Politics of Poverty: The Nonworking Poor in America," argued that the figures will have a minimal impact in November.

"Poverty is not as big an issue right now as middle-class unemployment. That's a lot more salient politically right now," he said.

But if Thursday's report is as troubling as expected, Republicans in the midst of an increasingly strong drive to win control of the House, if not the Senate, would get one more argument to make against Democrats in the campaign homestretch.

The GOP says voters should fire Democrats because Obama's economic fixes are hindering the sluggish economic recovery. Rightly or wrongly, Republicans could cite a higher poverty rate as evidence.

Democrats almost certainly will argue that they shouldn't be blamed. They're likely to counter that the economic woes — and the poverty increase — began under President George W. Bush with the near-collapse of the financial industry in late 2008.

Although that's true, it's far from certain that the Democratic explanation will sway voters who already are trending heavily toward the GOP in polls as worrisome economic news piles up.

Hispanics and blacks — traditionally solid Democratic constituencies — could be inclined to stay home in November if, as expected, the Census Bureau reports that many more of them were poor last year.

Beyond this fall, the findings could put pressure on Obama to expand government safety net programs ahead of his likely 2012 re-election bid even as Republicans criticize him about federal spending and annual deficits. Those are areas of concern for independent voters whose support is critical in elections.

Experts say a jump in the poverty rate could mean that the liberal viewpoint — social constraints prevent the poor from working — will gain steam over the conservative position that the poor have opportunities to work but choose not to because they get too much help.

"The Great Recession will surely push the poverty rate for working-age people to a nearly 50-year peak," said Elise Gould, an economist with the Economic Policy Institute. She said that means "it's time for a renewed attack on poverty."

To Douglas Besharov, a University of Maryland public policy professor, the big question is whether there's anything more to do to help these families.

The 2009 forecasts are largely based on historical data and the unemployment rate, which climbed to 10.1 percent last October to post a record one-year gain.

The projections partly rely on a methodology by Rebecca Blank, a former poverty expert who now oversees the census. She estimated last year that poverty would hit about 14.8 percent if unemployment reached 10 percent. "As long as unemployment is higher, poverty will be higher," she said in an interview then.

A formula by Richard Bavier, a former analyst with the White House Office of Management and Budget who has had high rates of accuracy over the last decade, predicts poverty will reach 15 percent.

That would put the rate at the highest level since 1993. The all-time high was 22.4 percent in 1959, the first year the government began tracking poverty. It dropped to a low of 11.1 percent in 1973 after Johnson's war on poverty but has since fluctuated in the 12-14 percent range.

In 2008, the poverty level stood at $22,025 for a family of four, based on an official government calculation that includes only cash income before tax deductions. It excludes capital gains or accumulated wealth. It does not factor in noncash government aid such as tax credits or food stamps, which have surged to record levels in recent years under the federal stimulus program.

Beginning next year, the government plans to publish new, supplemental poverty figures that are expected to show even higher numbers of people in poverty than previously known. The figures will take into account rising costs of medical care, transportation and child care, a change analysts believe will add to the ranks of both seniors and working-age people in poverty.

http://news.yahoo.com/s/ap/20100911/ap_on_bi_ge/us_poverty_in_america

IP: Logged

katatonic
Knowflake

Posts: 5102
From:
Registered: Apr 2009

posted September 12, 2010 01:59 PM     Click Here to See the Profile for katatonic     Edit/Delete Message
so though the "socialist" johnson effected the LOWEST poverty rate on record and eisenhower's administration presided over the highest, our current situation is OBVIOUSLY due to socialist policies in place for a very short drop in the bucket of time! how astute jwhop!

well sweden has moved marginally to the right lately but they still have the highest taxes in the world and one of the strongest economies too. go figure.
http://www.google.com/hostednews/ap/article/ALeqM5h0NkGlaOT14FW0hes2NJl1907y3QD9I672OG0

perhaps socialism isn't the only factor involved here?? or would that thought be too novel to compute in the conservative brain?

IP: Logged

jwhop
Knowflake

Posts: 2252
From: Madeira Beach, FL USA
Registered: Apr 2009

posted September 12, 2010 02:27 PM     Click Here to See the Profile for jwhop     Edit/Delete Message
O'Bomber and his Socialist congressional comrades...destroying the American ecomomy with his Marxist Socialist Progressive drivel.

Record number in government anti-poverty programs
Updated 8/30/2010 9:25 AM

Close to 10 million receive unemployment insurance, nearly four times the number from 2007. Benefits have been extended by Congress eight times beyond the basic 26-week program.
By Richard Wolf, USA TODAY

WASHINGTON — Government anti-poverty programs that have grown to meet the needs of recession victims now serve a record one in six Americans and are continuing to expand.

More than 50 million Americans are on Medicaid, the federal-state program aimed principally at the poor, a survey of state data by USA TODAY shows. That's up at least 17% since the recession began in December 2007.

"Virtually every Medicaid director in the country would say that their current enrollment is the highest on record," says Vernon Smith of Health Management Associates, which surveys states for Kaiser Family Foundation.

The program has grown even before the new health care law adds about 16 million people, beginning in 2014. That has strained doctors. "Private physicians are already indicating that they're at their limit," says Dan Hawkins of the National Association of Community Health Centers.

More than 40 million people get food stamps, an increase of nearly 50% during the economic downturn, according to government data through May. The program has grown steadily for three years.............
http://www.usatoday.com/news/washington/2010-08-30-1Asafetynet30_ST_N.htm

IP: Logged

katatonic
Knowflake

Posts: 5102
From:
Registered: Apr 2009

posted September 12, 2010 04:27 PM     Click Here to See the Profile for katatonic     Edit/Delete Message
The program has grown steadily for three years............. ie it has built upon the foundation laid by bush, as some of us have been saying for a few minutes now!

and 10 million people who PAID INTO unemployment are collecting it. that is 3% if i can remember 6th grade math...and exactly what unemployment is for, is it not?

in many non-socialist african countries there may not be so many on unemployment or receiving state aid but they are starving in much higher percentage brackets than that.

of course the dust bowl did not CREATE the depression, but it certainly added to it. and there was nowhere for those dispossessed farm owners and workers to turn EXCEPT the govt, was there?

IP: Logged

jwhop
Knowflake

Posts: 2252
From: Madeira Beach, FL USA
Registered: Apr 2009

posted September 13, 2010 03:44 PM     Click Here to See the Profile for jwhop     Edit/Delete Message
About half of the unemployed and almost all of the underemployed and those who have given up on finding a job...got that way after the misguided and misdirected O'Bomber stimulus bill was passed.

O'Bomber is the empty headed empty suit I said he was...before he was elected.

Now, even his Socialist comrades in the Congress are running away from O'Bomber as fast as their little Socialist legs can carry them.

Not that it's going to do them any good. Their votes on TARP, votes on bailouts for GM and Chrysler, votes on the Porkulus bill, votes on O'BomberCare, votes on the unAmerican union card check, votes on Cap and Tax and votes on the utterly useless and harmful financial regulations bill....are millstones around their necks which are going to sink them beneath the waves.

Couldn't happen to a more deserving bunch of Socialist morons.

IP: Logged

emitres
Knowflake

Posts: 45
From:
Registered: Aug 2010

posted September 13, 2010 05:52 PM     Click Here to See the Profile for emitres     Edit/Delete Message
sorry... am confused here

what exactly is the article in question saying?

jwhop - thank you for using the term marxist socialist... however, i don't believe that you truly understand what it means
a capitalist country ( which america is ) can not be socialist at the same time, according to marx
there is a short definition on wikipedia - the third point possibly being the most applicable here

quote:
Advocacy of proletarian revolution — In order to overcome the fetters of private property the working class must seize political power internationally through a social revolution and expropriate the capitalist classes around the world and place the productive capacities of society into collective ownership. Upon this, material foundation classes would be abolished and the material basis for all forms of inequality between humankind would dissolve.

last time i checked, Obama wasn't the working class...

IP: Logged

BearsArcher
Knowflake

Posts: 121
From: Arizona with Bear the Leo
Registered: Apr 2010

posted September 14, 2010 03:22 AM     Click Here to See the Profile for BearsArcher     Edit/Delete Message
You can NEVER spend your way out of debt. Obama is taking from us to give to his "friends" (oh Nobama's pay czar that was not supposed to get paid but got paid yet pretends he gave his pay back http://www.wnd.com/index.php?fa=PAGE.view&pageId=201961). Meanwhile we are going to have more poor (with handouts dependant on the Dimocrats) and no incentive to work because we are killing businesses.

I will go on tomorrow, but I need to go to bed. This is one of those few nights that Bear the Leo and I have time together. He is either deployed (Iraq), in the field or training more fighters to go into the field (even in Iraq since we have NOT left the battle there).

Awwww. Poverty... What a damn joke.


jwhop has it right.

IP: Logged

katatonic
Knowflake

Posts: 5102
From:
Registered: Apr 2009

posted September 14, 2010 09:52 AM     Click Here to See the Profile for katatonic     Edit/Delete Message
sorry, bearsarcher, but the plan was never to spend our way out of debt! it was to spend out of a stagnant/shrinking economy. the debt is another part of the equation. we are not seeing people unemployed because of national debt, but because the capital is going to other countries where our labour and materials are undercut.

just as in arizona, a lot of the immigrant problem is people who choose illegal CHEAP labour over homegrown pricier workers. it has nothing to do with the solvency of the state's economy and everything to do with those who think ONLY of the "bottom line".

IP: Logged

emitres
Knowflake

Posts: 45
From:
Registered: Aug 2010

posted September 14, 2010 11:16 AM     Click Here to See the Profile for emitres     Edit/Delete Message
so, let me see if i've got this right -
was totally okay for the previous administration (s) to funnel money into dying big businesses ( which eventually closed down due to mis-management of funds and included the elimination of thousands of jobs, which in turn affects national poverty levels )but when the current administration makes similar choices that's not okay? am i understanding the issue correctly? or am i missing something?

------------------
...there is no "I"...

IP: Logged

katatonic
Knowflake

Posts: 5102
From:
Registered: Apr 2009

posted September 14, 2010 11:21 AM     Click Here to See the Profile for katatonic     Edit/Delete Message
you got it in a nutshell, emitres

IP: Logged

emitres
Knowflake

Posts: 45
From:
Registered: Aug 2010

posted September 15, 2010 11:45 AM     Click Here to See the Profile for emitres     Edit/Delete Message
once in awhile my brain does what it should

------------------
...there is no "I"...

IP: Logged

jwhop
Knowflake

Posts: 2252
From: Madeira Beach, FL USA
Registered: Apr 2009

posted September 15, 2010 01:34 PM     Click Here to See the Profile for jwhop     Edit/Delete Message
"was totally okay for the previous administration (s) to funnel money into dying big businesses"...emitres

Which "dying big businesses" are you referring to emitres?

I would never use wiki for a definitive definition of anything.

What exactly is this supposed to be a definition of?

"Advocacy of proletarian revolution — In order to overcome the fetters of private property the working class must seize political power internationally through a social revolution and expropriate the capitalist classes around the world and place the productive capacities of society into collective ownership. Upon this, material foundation classes would be abolished and the material basis for all forms of inequality between humankind would dissolve."

Let me point out a few facts for you.

O'Bomber has nationalized the largest insurance company in the world...AIG

O'Bomber has nationalized General Motors and Chrysler.

O'Bomber has nationalized the "Student Loan Program".

O'Bomber has attempted to nationalize the energy sector of the private economy.

O'Bomber has attempted to and is still attempting to nationalize the health care and health insurance sectors of the private economy.

O'Bomber is not only a Socialist Progressive, he's also a Fascist.

Btw, Socialism is the umbrella under which all the greasy, grubby, grimy collectivists congregate.

One thing further emitres; 55% of Americans say Socialist describes O'Bomber perfectly.

IP: Logged

katatonic
Knowflake

Posts: 5102
From:
Registered: Apr 2009

posted September 15, 2010 03:21 PM     Click Here to See the Profile for katatonic     Edit/Delete Message
"55%"...that would be excluding the socialist members of our population who consider him nothing of the sort!

but no matter jwhop, come november when your lot take a few seats and the republicans a few more, obama will have achieved what he has been after all along...a nonpartisan congress that will hopefully actually DISCUSS options and bills before voting on them. neat how it works isn't it? that checks and balances thing is a marvel when you think about it...

IP: Logged

AcousticGod
Knowflake

Posts: 3652
From: acousticgod@sbcglobal.net
Registered: Apr 2009

posted September 15, 2010 05:30 PM     Click Here to See the Profile for AcousticGod     Edit/Delete Message
False, Jwhop.

There is no government employee at the head of AIG.

There is no government employee at the head of GM or Crysler.

This administration effectively SAVED the student loan program. You can't point to the private sector making the best of their involvement in student loans.

The so-called "nationalizing" of health care is false as well.

So much for "facts," and so much for "Socialism".

quote:
55% of Americans say Socialist describes O'Bomber perfectly.

Also completely untrue. I can guarantee you that 55% of the American population has never even been polled on the subject.

IP: Logged

katatonic
Knowflake

Posts: 5102
From:
Registered: Apr 2009

posted September 15, 2010 06:54 PM     Click Here to See the Profile for katatonic     Edit/Delete Message
he means 55% of those who don't like obama, since they are excluded from the "likely voters list", remember, AG? they never get asked because they are irrelevant even though they appear to have voted in the last election...in droves!

IP: Logged

AcousticGod
Knowflake

Posts: 3652
From: acousticgod@sbcglobal.net
Registered: Apr 2009

posted September 15, 2010 07:12 PM     Click Here to See the Profile for AcousticGod     Edit/Delete Message
Any poll he might be referring to didn't poll even 1% of the American population (or electorate), so making a statement about 55% of the population is ridiculous.

IP: Logged

jwhop
Knowflake

Posts: 2252
From: Madeira Beach, FL USA
Registered: Apr 2009

posted September 16, 2010 09:07 AM     Click Here to See the Profile for jwhop     Edit/Delete Message
No poll samples 100% of any population. The closest we come to that are elections...the polls which really matter.

I understand why acoustic doesn't like polls. acoustic got his head handed to him over the Pew Poll which showed only 21% believe "all" or even "most" of what the NY Times prints...and even less of what the AP puts forth as news.

On the other hand, there's the poll conducted by 2 prominent demoscats which showed that 55% say Socialist describes O'Bomber.

"In the wake of the financial collapse of 2008, Obama initially enjoyed the goodwill and moderate approval ratings of Americans. A July 2010 poll conducted by former Clinton advisers James Carville and Stan Greenberg found 55% of Americans viewed Barack Obama as "a socialist."[1] " http://www.conservapedia.com/Barack_Obama_approval_ratings

The fact there are those on the extreme radical leftist fringe...revolutionary communists and other idiots..who believe O'Bomber isn't advancing their Socialist agenda FAST ENOUGH...does not invalidate the opinions of the majority of Americans who believe O'Bomber IS a Socialist and his policies are Socialist in nature and substance...which they are without a doubt.

Further, O'Bomber voters are not automatically excluded from polls of "likely voters". They can exclude themselves by saying they're not likely to vote when contacted by the polls.

As O'Bomber has revealed himself as a royal Socialist f-up of the first order, many who voted for O'Bomber have lost their enthusiasm
to vote.

O'Bomber and his screwup Treasury Sec chose the new Board of Directors of AIG.

O'Bomber and his screwup Treasury Sec chose the new head of GM and perhaps Chrysler.
"Obama Effectively Fires GM's CEO" http://www.politicsdaily.com/2009/03/30/obama-effectively-fires-gms-ceo/

O'Bomber took the student loan program away from bank underwriters and snatched the entire program for the federal government. That's not saving it. That's making taxpayers totally responsible for not only funding it directly and collection efforts but also managing the program and paying all the administrative bills.

O'Bomber tried hard to institue a single payer Socialist health care system and failed. Then O'Bomber attempted to set up a pool of insurers under his control who would underwrite policies under the direction of the Sec of Health and Human Services. Just the other day, this Sec threatened insurers with being prohibited from participation...for...get this...exercising their rights of free speech for criticizing O'BomberCare.

That's it, you've both lost on every point.

IP: Logged

katatonic
Knowflake

Posts: 5102
From:
Registered: Apr 2009

posted September 16, 2010 10:17 AM     Click Here to See the Profile for katatonic     Edit/Delete Message
jwhop jwhop when will you learn?

i actually looked at your link that you say is backup for saying obama chose the new boss for GM...it doesn't mention that.

it does mention that he persuaded the company to shed the failure who was presiding at the time (and digging his heels in, just like you, jwhop, saying "global warming? a crock! we will build them heavier, hotter and more inefficent to please the customers" ) and it does mention that in bush's administration such a performance would have made him a candidate for head of FEMA! another choice "news" piece?

however no mention of obama choosing his replacement, the new boss....?

IP: Logged

AcousticGod
Knowflake

Posts: 3652
From: acousticgod@sbcglobal.net
Registered: Apr 2009

posted September 16, 2010 10:49 AM     Click Here to See the Profile for AcousticGod     Edit/Delete Message
Lying will get you no where Jwhop. It was you who couldn't manage to understand Pew's poll consistently. You couldn't figure out how people answer a question on a scale. I hammered you on that several times over the years. Any research into our debates will prove the same.

IP: Logged

AcousticGod
Knowflake

Posts: 3652
From: acousticgod@sbcglobal.net
Registered: Apr 2009

posted September 16, 2010 11:22 AM     Click Here to See the Profile for AcousticGod     Edit/Delete Message
You're still wrong on the facts, Jwhop.

AIG is not under the direction of the government, nor it's employees. Therefore, there's nothing Socialist whatsoever about it.

Same with GM. They're not creating the "People's" car. It's a regular for-profit company, which had some strings attached to it's government bailout. Perhaps under a Republican administration they'd have just received a handout, but this administration wanted some accountability. Your own article states as much.

You clearly have NO clue about the student loan program if you think the private sector was helping it. Not only will the government save money by taking it over, but they'll also increase the amount able to be lended. Win-win. You're delusional with your contention that any more burden will be placed on the taxpayer as a result. As far as calling it a Socialist move, the government was already completely involved in the program. Is it fair to say that taking over something the government already funds is a Socialist move? I don't think so.

Healthcare is still private. Period. Not Socialized. The government doesn't run it, nor do the workers. Fail and fail. There's no litmus for which this falls under Socialism.

You're zero for four on establishing a means of contending Obama's a Socialist.

IP: Logged

emitres
Knowflake

Posts: 45
From:
Registered: Aug 2010

posted September 16, 2010 11:30 AM     Click Here to See the Profile for emitres     Edit/Delete Message
quote:
The Bush administration said on Friday that it was prepared to intervene to prevent the collapse of General Motors and Chrysler after Republican senators blocked a compromise proposal to rescue the automakers.Published: December 12, 2008

quote:
Bush signs stimulus package into law updated 2/13/2008 3:23:14 PM ET
WASHINGTON — President Bush on Wednesday signed a multibillion-dollar economic rescue package on Wednesday that means $300 to $1,200 rebates for many American households.

Bush called the measure "a booster shot for our economy" to stave off a recession.
Economic analysts generally believe the $168 billion package Bush signed will help prevent the current downturn from ballooning into a crisis. But if the rebates don't spur a consumer spending spree strong enough to cure what ails the economy, Congress is ready to throw more money at the problem. Bush said the measure was "large enough to have an impact."


i have to admit, i got bored looking stuff up for you jwhop... but i do remember seeing news reports on CNN ( are they reliable enough or no? )about the Bush administration putting money into businesses with the hopes of stimulating the economy... in fact, if i remember correctly, one of the corporations ( i want to say investment group but not really sure ) gave their top brass huge bonuses - was all over CNN here

quote:
What exactly is this supposed to be a definition of?
it was a partial definition of Marxist Socialism - which i thought i clearly made of point of mentioning here
quote:
there is a short definition on wikipedia - the third point possibly being the most applicable here


quote:
--------------------------------------------------------------------------------
Advocacy of proletarian revolution — In order to overcome the fetters of private property the working class must seize political power internationally through a social revolution and expropriate the capitalist classes around the world and place the productive capacities of society into collective ownership. Upon this, material foundation classes would be abolished and the material basis for all forms of inequality between humankind would dissolve.



my bad if it wasn't clear though...

as to your claim that 55% of Americans call Obama a socialist - i highly question your figure...but if it is indeed accurate then one can accurately infer that 55% of Americans have NO IDEA what socialism is

capitalists democracies ( the only government in power in N. America ) have "borrowed" certain elements of socialism... this is why you have the luxury of driving on paved roads and many other things that the government provides for you via your taxes...

where you are becoming confused jwhop is in assuming that socialism is the same as communism and it isn't.. most of your comments seem to reflect this error... communism shares many of it's core beliefs with socialism as Lenin was a big fan of Marx but is in fact a different set of politics altogether - which, btw, is an extremely effect government on paper but no in actual practice for a variety of reasons...

now, that'll be $450 for the brief lecture

------------------
...there is no "I"...

IP: Logged

jwhop
Knowflake

Posts: 2252
From: Madeira Beach, FL USA
Registered: Apr 2009

posted September 16, 2010 03:51 PM     Click Here to See the Profile for jwhop     Edit/Delete Message
O'Bomber fired Rick Wagoner as CEO of GM. An entirely unlawful act since GM was a private corporation.

Then, O'Bomber installed Fritz Henderson as the new CEO.

Then, after asserting that the installation of Henderson was only an "interim" appointment, he was fired too.

The 55% think O'Bomber is a Socialist poll came from high ranking demoscats in the Clinton administration...no friend of Republicans..at all.

IP: Logged

katatonic
Knowflake

Posts: 5102
From:
Registered: Apr 2009

posted September 16, 2010 03:55 PM     Click Here to See the Profile for katatonic     Edit/Delete Message
just for mental exercise, jwhop, say you had ten million dollars and your brother = who had run his company into the ground = asked you to loan him 5mil to get back on track.

you agreed to LOAN him the cash IF he would step down from the management chair and let his wife, who is a marvel of clear thinking and economy, run it.

or would you just hand over the cash and say, here bro, you have been losing money hand over fist because you are stubborn and oldfashioned, but hey, i'm sure this will make it all come right?

why would you want the govt to do the latter instead of the former?

IP: Logged

AcousticGod
Knowflake

Posts: 3652
From: acousticgod@sbcglobal.net
Registered: Apr 2009

posted September 16, 2010 04:34 PM     Click Here to See the Profile for AcousticGod     Edit/Delete Message
He appointed Fritz Henderson, the former VP of General Motors who'd been there since 1984? Wow. Controversial. And SUCH a good example of Socialism.

Obama didn't "fire" anyone. His administration stipulated a change in management. You've known and been told this from the start. No amount of rebranding is going to make this appear as if it's a Socialistic move. Not to those critical enough to know what Socialism is.

IP: Logged

All times are Eastern Standard Time

next newest topic | next oldest topic

Administrative Options: Close Topic | Archive/Move | Delete Topic
Post New Topic  Post A Reply
Hop to:

Contact Us | Linda-Goodman.com

Copyright © 2010

Powered by Infopop www.infopop.com © 2000
Ultimate Bulletin Board 5.46a