WCGreen
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Sep-18-08 03:01 PM
Original message |
Okay, let me get this straight... |
|
The federal government can step in and essentially nationalize companies on the brink. Committing billions, if not trillions, to shore up the financial markets...
And yet, her come the rub, they can't get ice to people in Texas.
Priorities, people, priorities.
Now I'm an accountant and know that what the fed and Paulson cobbled together had to be done or all faith in the American economy would teeter on the brink. I understand that. It has global implications.
But if the government can quickly get aid to investors, bail out bad management and put another layer of risk protection for Wall Street hot shots with a good chunk of our money, how come they can't find a little extra cash for people in dire straights?
That moral judgment lays at their feet and. ultimately ours, if we elect people who continually place the worship of Mammon over the teachings from the Good Book. How you treat the least amongst you speaks volumes about the ethical make-up of those in charge.
It all goes to what is truly important to the "important" people. We all know what that is; Capital...
If you're a working person, you're on your own. If you invest, play the market, take some risk, you will be resurrected to fuck up yet again.
Peace out....
|
DontTreadOnMe
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Sep-18-08 03:04 PM
Response to Original message |
|
The Carlyle Group is not vested in any ice production. How can they make money off of frozen water! Do you know how much it costs to ship frozen water?
Water tastes the same when its warm or cold.
Now insurance... that is profitable.
|
CaliforniaPeggy
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Sep-18-08 03:29 PM
Response to Original message |
|
And theirs are NOT the same as ours, now are they?
:grr:
K&R
:patriot:
|
Blue Meany
(986 posts)
Send PM |
Profile |
Ignore
|
Thu Sep-18-08 03:30 PM
Response to Original message |
3. Look, if they didn't come in and bail the investors out, |
|
those investors would probably not make stupid, risky investments in the future and that would bring our economy to a halt. It's the capitalist way, take from those who worked hard and made sound decisions and transfer it to stupid investors and CEOs who don't actually produce anything except for schemes to skim wealth off of our hard work.
|
Major Hogwash
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Sep-18-08 03:59 PM
Response to Original message |
4. Isn't the federal government bailing out private companies a form of socialism? |
|
Since when did the fuckin' Republicans become socialists?
|
DU
AdBot (1000+ posts) |
Mon May 06th 2024, 12:46 AM
Response to Original message |