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Citi Now to get Bailed Out But Auto's Still get the Shaft
Re: Citi Now to get Bailed Out But Auto's Still get the Shaft
Originally posted by runningman
lets just see who is right in 2010. For Mariner you forgot I am Canadian and you are from the USA which obviously means I am much smarter then you are.
No, it means you're a socialist.
Originally posted by runningman
Miroslav Stalin is calling me a communist..HAHAH
Strong words coming from a socialist!
Originally posted by runningman
I would love to start a bank with $7.4 Trillion in startup capital.. No problem
Wouldn't it be against your socialist principles?
Originally posted by 88Mariner
To be honest, Runningman, you're out of your element.
Why is it that you believe people have a right to thier jobs?
Re: Citi Now to get Bailed Out But Auto's Still get the Shaft
It's not that I think people should have a right to their jobs but history shows us that high unemployment levels lead to third world problems. Rioting, Plague, high crime levels, poverty... etc. You send 3 million people home with no money and to many guns you have a systemic problem. Ya the bank will be their for awhile until it gets robbed all the time. Oh ya what will laying 3 million people off do to house foreclosures, retail? Where are these banks going to get their money from on all the loans that have been given out? I don't feel I am out of my element at all. I strongly feel for the best of my nation and your nation is to keep people working to prevent the above.
At least General Motors if showing it is making cuts to survive by ending the endorsement deal with Tiger Woods. What a sacrifice. Every time AIG gets more money they have $500,000 parties.
You should ask yourself rather then people have a right to a job. Banks don't have a right to money. You fuck up lending too bad. If GM gave cars away for free then this would be a different matter. That is what the banks did. They gave shit away and now they aren't getting paid. So now its the worlds problem at the tune of $8 Trillion??
Re: Citi Now to get Bailed Out But Auto's Still get the Shaft
Originally posted by Miroslav
No, it means you're a socialist.
A bad speller, too. He should have said he is smarter THAN you, not smarter THEN you. Than is used when comparing subjects. Then is used when discussing an order of events.
Re: Citi Now to get Bailed Out But Auto's Still get the Shaft
lets debate what I posted earlier. Don't you think that Michigan, Ohio, Wisconsin, Illinois will be a little upset that we hand over Trillions to the banks but nothing to keep great paying jobs that support the American values? I mean when do we tell the banks "hey you fucked up this is your problem" I mean the loans that they gave out mid as well been equal to autos giving away free cars and wondering why they didn't get paid isn't it?
You know what the funniest thing of all is. There isn't anything in the news about holding these banks accountable. I mean shouldn't someone (or thousands of people) be going to jail over this. How about the CEO's and board of directors of every major bank in the US?? I think that is fair. That is called holding someone accountable. That has become a lost art of the USA
Re: Citi Now to get Bailed Out But Auto's Still get the Shaft
lets debate what I posted earlier. Don't you think that Michigan, Ohio, Wisconsin, Illinois will be a little upset that we hand over Trillions to the banks but nothing to keep great paying jobs that support the American values?
first 'states' don't get upset. second, and more seriously, if the banks fail, it doesn't fucking matter if GM may or may not be viable with a complete overhaul of management and union contracts. If the banks fail, you're going to have a WORLD of hurt, not just a few isolated pockets of manufacturing in the United States.
I mean when do we tell the banks "hey you fucked up this is your problem" I mean the loans that they gave out mid as well been equal to autos giving away free cars and wondering why they didn't get paid isn't it?
Why don't you write them a letter and tell them they fucked up and should resolve this on thier own? It's not like it's in thier face every day now. I'm sure a reminder will help.
Like i said, if the banks fail, the precious snowflake assembly-line jobs won't matter anymore.
You know what the funniest thing of all is. There isn't anything in the news about holding these banks accountable.
Well, they're probably not broadcasting it in Canada. That's all Fox News, CNBC, FOX Business, talk radio, ad nauseum have been talking about. If you're watching only the CBC, you're not getting enough information in your diet.
I mean shouldn't someone (or thousands of people) be going to jail over this.
point out where this is illegal? Perhaps breach of fiduciary duties (MAAAAYBE), but I don't see where the law has been broken just yet. If you're saying mismanaging a company qualifies as criminally culpable conduct, then start with the automakers in Detroit. (Apparently, these are the only automakers that are hurting; everyone else seems to be doing just dandy by comparison).
I think that is fair. That is called holding someone accountable. That has become a lost art of the USA
You don't 'think' it is fair, you 'feel' it is fair. And if you're going to put people in jail by standards of 'what is fair', then please go have a word with yourself.
Who do you suppose is going to fix the problem? Joe brake-installer?
you could put an Emfire release on for 2 minutes and you would be a sleep before it finishes - Chunky
it's RA. they'd blow their load all over some stupid 20 minute loop of a snare if it had a quirky flange setting. - Tiddles
Re: Citi Now to get Bailed Out But Auto's Still get the Shaft
so 7 trillion and nobody in jail. A possible systemic crisis and lets just "throw it under the rug".. Also nobody is doing "just dandy" as you put it. Toyota's sales are down almost 40% from last year. You should really go back to school and learn some of your history. Also please don't tell me what news I watch. I actually don't watch the CBC.
Re: Citi Now to get Bailed Out But Auto's Still get the Shaft
Originally posted by runningman
so 7 trillion and nobody in jail. A possible systemic crisis and lets just "throw it under the rug".. Also nobody is doing "just dandy" as you put it. Toyota's sales are down almost 40% from last year. You should really go back to school and learn some of your history. Also please don't tell me what news I watch. I actually don't watch the CBC.
why should they be put in jail? they did not do anything illegal.
it was the US government that thought deregulation and playing god with the Fed rate that caused this mess in the first place. yes, wall street did repackage shit mortgages to sell over and over, but they did it well within the law or else they would not have done it in the first place.
if anyone should be put in jail its the fucking idiots who got mortgages who could not afford them in the first place but that's my opinion.
Re: Citi Now to get Bailed Out But Auto's Still get the Shaft
so 7 trillion and nobody in jail.
Are you suggesting that it is the dollar amount here that is indicative of criminal activity?
A possible systemic crisis
POSSIBLE?????????
and lets just "throw it under the rug"..
Has it ever occurred to you that the best thing to do is not do anything at this point and let the markets resolve themselves?
Toyota's sales are down almost 40% from last year.
Maybe because buying NEW CARS is a stupid idea? When there are millions of used cars out there to be bought at a fraction of the price, combined with the fact that cars drastically depreciate once they leave the new car lots, why on earth would anyone buy a brand new car right now? Maybe we could force people to buy new cars.
You should really go back to school and learn some of your history.
This has nothing to do with history and everything to do with economics. Pointing to history cures nothing nor resolves anything. It's a focus I thought only Sarah Palin would make. ....If you want to start off with some relevant history, start of with Japan's economic crisis about a decade ago.
Also please don't tell me what news I watch. I actually don't watch the CBC.
I'm not telling you what news you watch. Just making an inference based upon the statements you've made. Enlighten me, what do you watch?
you could put an Emfire release on for 2 minutes and you would be a sleep before it finishes - Chunky
it's RA. they'd blow their load all over some stupid 20 minute loop of a snare if it had a quirky flange setting. - Tiddles
"Son," he said without preamble, "never trust a man who doesn't drink because he's probably a self-righteous sort, a man who thinks he knows right from wrong all the time. Some of them are good men, but in the name of goodness, they cause most of the suffering in the world. They're the judges, the meddlers. And, son, never trust a man who drinks but refuses to get drunk. They're usually afraid of something deep down inside, either that they're a coward or a fool or mean and violent. You can't trust a man who's afraid of himself. But sometimes, son, you can trust a man who occasionally kneels before a toilet. The chances are that he is learning something about humility and his natural human foolishness, about how to survive himself. It's damned hard for a man to take himself too seriously when he's heaving his guts into a dirty toilet bowl."
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