Havent they done enough to destroy american business?

[hoovesupsideyourhead]

its easy to be the bush sucks kids that hang on every word of the rank and file democratic time for change agenda..you now have gotten your leader.. i agree that bush was given bad advice and wasnt maybee as bright as obama or as good of a speaker. but..the people that were giving him advice on economic and other matters were on point.and they are now gone.the morons that now control u.s policy on economics and other matters are phucking you your 401 k your future and just maybee your kids future..this rash of spending will kill the average worker and stimulate nothing.. sence when does u.s.a barrow money from china/saudi.. in his haste to make joe un-employed a stand up guy obama and his advisors will have killed the entire system that has stood for 150 years.... dow below 4k soon..count on it..

ive taken my 401 out on the 21st of jan..after the taxes for taking it out early

im up 32 perc..after the plunge..

the only gov that gets it is from la and thats pretty sad..

[Cannon Shell]

Brian wanted the GOP to come up with a good idea. Here is one that got 2 whole Democrats to support it. Obama comes up with yet another broken campaign promise, with a caveat of course.


http://news.yahoo.com/s/ap/20090304/...VuYXRlaWdub3Jl

[Cannon Shell]

http://online.wsj.com/article/SB123604419092515347.html


The market has notably plunged since Mr. Obama introduced his budget last week, and that should be no surprise. The document was a declaration of hostility toward capitalists across the economy. Health-care stocks have dived on fears of new government mandates and price controls. Private lenders to students have been told they're no longer wanted. Anyone who uses carbon energy has been warned to expect a huge tax increase from cap and trade. And every risk-taker and investor now knows that another tax increase will slam the economy in 2011, unless Mr. Obama lets Speaker Nancy Pelosi impose one even earlier.

Meanwhile, Congress demands more bank lending even as it assails lenders and threatens to let judges rewrite mortgage contracts. The powers in Congress -- unrebuked by Mr. Obama -- are ridiculing and punishing the very capitalists who are essential to a sustainable recovery. The result has been a capital strike, and the return of the fear from last year that we could face a far deeper downturn. This is no way to nurture a wounded economy back to health.

Listening to Mr. Obama and his chief of staff, Rahm Emanuel, on the weekend, we couldn't help but wonder if they appreciate any of this. They seem preoccupied with going to the barricades against Republicans who wield little power, or picking a fight with Rush Limbaugh, as if this is the kind of economic leadership Americans want.

Perhaps they're reading the polls and figure they have two or three years before voters stop blaming Republicans and Mr. Bush for the economy. Even if that's right in the long run, in the meantime their assault on business and investors is delaying a recovery

[otisotisotis]

Originally Posted by hoovesupsideyourhead

its easy to be the bush sucks kids that hang on every word of the rank and file democratic time for change agenda..you now have gotten your leader.. i agree that bush was given bad advice and wasnt maybee as bright as obama or as good of a speaker. but..the people that were giving him advice on economic and other matters were on point.and they are now gone.the morons that now control u.s policy on economics and other matters are phucking you your 401 k your future and just maybee your kids future..this rash of spending will kill the average worker and stimulate nothing.. sence when does u.s.a barrow money from china/saudi.. in his haste to make joe un-employed a stand up guy obama and his advisors will have killed the entire system that has stood for 150 years.... dow below 4k soon..count on it..

ive taken my 401 out on the 21st of jan..after the taxes for taking it out early

im up 32 perc..after the plunge..

the only gov that gets it is from la and thats pretty sad..

that's hilarious....history dictates that this is the perfect time to be buying into the market...the 'rich folks' are getting stocks at less than wholesale while you-the chicken little types- take your money and run from the very system you kneel to, because wasn't it a republican regime that began pushing the 401k system on working class people?
corporate America has been so fat & greedy for so long (i.e. jobs overseas, flat lined wage increases for employees, etc.) they have forgotton on whose backs they have ridden.
Like all tough times, the lean, intelligent, & innovative will survive and be stronger for the lesson.

[Cannon Shell]

Originally Posted by otisotisotis

that's hilarious....history dictates that this is the perfect time to be buying into the market...the 'rich folks' are getting stocks at less than wholesale while you-the chicken little types- take your money and run from the very system you kneel to, because wasn't it a republican regime that began pushing the 401k system on working class people?
corporate America has been so fat & greedy for so long (i.e. jobs overseas, flat lined wage increases for employees, etc.) they have forgotton on whose backs they have ridden.
Like all tough times, the lean, intelligent, & innovative will survive and be stronger for the lesson.

Yeah they are making a killing buying stocks lately. Dow down 2000 points since Jan 2nd. Keep buying right?

Corporate America is what brought prosperity to this country which deep thinkers like you seem to have forgotten. And for those like you who choose to depend on Social security for your retirement, good luck to you. A 401k account is hardly for the rich.

[Danzig]

Originally Posted by Cannon Shell

Yeah they are making a killing buying stocks lately. Dow down 2000 points since Jan 2nd. Keep buying right?

Corporate America is what brought prosperity to this country which deep thinkers like you seem to have forgotten. And for those like you who choose to depend on Social security for your retirement, good luck to you. A 401k account is hardly for the rich.

i wish i was rich, then i wouldn't have to worry about where my 401k is right now.

thing is, many say that our huge debt is what's killing our economy-it's not the only issue, but it's a big one. we want new regs on banks, etc, but our spending ballooned, which is making our deficit balloon-so how can this spending package possibly help? well, it won't. go from clinton to now-look at our economy from then (when we had surpluses) to now, when we've had the biggest deficits ever... but the dems got what they wanted, with huge increases where they wanted to spend-including a health insurance trust fund-and i think everyone has seen where health stocks have gone since then...if this is the cure, i think i'd rather suffer from the disease!

[otisotisotis]

Originally Posted by Cannon Shell

Yeah they are making a killing buying stocks lately. Dow down 2000 points since Jan 2nd. Keep buying right?

Corporate America is what brought prosperity to this country which deep thinkers like you seem to have forgotten. And for those like you who choose to depend on Social security for your retirement, good luck to you. A 401k account is hardly for the rich.

Corporate America brought prosperity to this country when they actually offered fair wage employment to the citizens, that disappeared when greed dictated that they transfer those jobs to the 3rd world for pennies on the dollar, yet kept prices at or above levels when the goods were made here. Or maybe I'm just being shallow.....
We have been warned about SS for many years now, hell you can't depend on it now for retirement because it won't cover health care costs.

btw, they are make a killing in the market....yet.

[Cannon Shell]

Originally Posted by otisotisotis

Corporate America brought prosperity to this country when they actually offered fair wage employment to the citizens, that disappeared when greed dictated that they transfer those jobs to the 3rd world for pennies on the dollar, yet kept prices at or above levels when the goods were made here. Or maybe I'm just being shallow.....
We have been warned about SS for many years now, hell you can't depend on it now for retirement because it won't cover health care costs.

btw, they are make a killing in the market....yet.

Yeah look how well "fair" wages worked for the auto industry. You would rather pay twice as much for the same product if it was American made? How exactly is that good for the consumer or vaunted middle class. The problem with your arguement is that in this country everyone has the opportunity to choose what they do. They also have the opportunity to start their own business if they arent satisfied with their current wages. To say that workers should be equally compensated in regards to profits of a company is foolish. Companis exist to make profits, not to serve as work programs. If a company owner thought that raising wages would benefit the company with added productivity they would do it in a heartbeat. But to simply give money to workers is counterproductive especially when business have downturns like all of them do. If the business isnt allowed to profit great enough to survive the downturns then how exactly is it better for the worker when they are laid off because the company went under? This is nothing but another form of class warfare that the Democrats wage. The thought that the evil owners of corporations are the enemy when it is their vision and ideas that have been putting food on your table for years is beautiful. Did somewhere along the line we become a communist state where everyone should be equally compensated?

[otisotisotis]

Originally Posted by Cannon Shell

Yeah look how well "fair" wages worked for the auto industry. You would rather pay twice as much for the same product if it was American made? How exactly is that good for the consumer or vaunted middle class. The problem with your arguement is that in this country everyone has the opportunity to choose what they do. They also have the opportunity to start their own business if they arent satisfied with their current wages. To say that workers should be equally compensated in regards to profits of a company is foolish. Companis exist to make profits, not to serve as work programs. If a company owner thought that raising wages would benefit the company with added productivity they would do it in a heartbeat. But to simply give money to workers is counterproductive especially when business have downturns like all of them do. If the business isnt allowed to profit great enough to survive the downturns then how exactly is it better for the worker when they are laid off because the company went under? This is nothing but another form of class warfare that the Democrats wage. The thought that the evil owners of corporations are the enemy when it is their vision and ideas that have been putting food on your table for years is beautiful. Did somewhere along the line we become a communist state where everyone should be equally compensated?

1. The auto industry only has themselves to blame for getting bullied by the UAW. As much as I support unions, these guys are on the far end of the spectrum and are not a good measuring stick for others.

2. American-made products don't need to cost 2x as much. It would just mean a little less profit at the top.

3. Corporations have not put food on my table. They give me the oppurtunity be compensated so that I can choose how I spend my money. They offer me a job and I accept or reject that offer based on my scale of fairness. They are not doing me a favor by employing me and I am not doing them a favor by working for them. We are simply filling each others need.

4. I never mentioned that there should be equal compensation for all.

5. As far as corporations being evil - lol