By using this site, you agree to our Privacy Policy and our Terms of Use. Close
akuma587 on 24 November 2008
Edit Thread
TheRealMafoo said:
akuma587 said:

You are completely ignoring that there was a lot of pressure from outside Washington entirely to get some kind of bailout passed, no matter what it was.  The financial sector was plummeting like a rock when all the squabbling over the bailout was occurring and the public was equally jumpy about how quickly the economy was souring.

You also have a knee jerk reaction whenever you see the word government and spending in the same sentence, since you assume that anything the government does (except spending money on the military of course) is completely unjustified and is nothing less than an expression of complete incompetence.  The private sector left to its own ends was what caused the whole financial crisis in the first place.  The private sector does correct itself eventually, but there are certain situations the private sector can't handle on its own.

 

 

To the first part I bulleted:
Being shitty at your job and failing because you can't handle pressure is no excuse to blame someone else for your failings. That's like a kid persuading his parents into letting him drive the car at age 10, and then not blaming the parents for it.

To the second point I bulleted:
Yes. The last 4 months are a great example. I also think they spend way too much money on the military. I just think the military is a place they are supposed to spend money. Not buying banks.

As for the private sector being the cause of this issue. No! It was congress. If you left banks to only give loans to those that are a good risk, banks would have not giving trillions of dollars worth of loans that they knew were bad. If Congress had not incentivized these loans, they never would have been given. Also, if Congress was not a bunch of fuck ups, they would have worked on this issue years ago when they saw it coming. Not wait until the collapse to say we need to rely on them.

My feelings, is everyone in government today is a worthless pile of shit. Yours is only the republicans do wrong, and democrats are here to save the day.

Let's see how you think in 4 years.

1) Yup, the bailout situation is just like that, exactly.  There are no flaws whatsoever in translating that analogy to the bailout situation.  And, correct me if I am wrong, but quite a few Republicans were instrumental in the bailout being passed if I remember correctly, and the Presidential candidate that you VOTED for supported the bailout as well.

Its easy to say that everyone in Washington is a worthless pile of shit.  If they are, its because we elected them.  So if they are a worthless pile of shit, then we are a worthless pile of shit for electing them.  Getting jaded about the political process doesn't really accomplish anything, and in the end allows the government to get away with more when people stop paying attention to what they are doing.

I think there are plenty of competent Republicans out there and a fair share of incompetent Democrats, but I certainly don't think the Democrats can do no wrong.  I mean just look at the last two people they ran as Presidential candidates!  Al Gore and John Kerry?  A robot and a person made of wood.

 



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson