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Forums - General - DOW falls 500 points today...Worst day since 9/11 attacks...

Sansui on 16 September 2008
Kasz216 said:

Also, i'd argue that people have the right to loans they don't understand. Though they should also be smart enough not to take them.I don't believe in the government protecting people from themselves.

People should be given the best education they can, they be allowed to make all the stupid decisions they want to make.  The only time the government should step in is when the buisnesses at hand are being misleading.

 

Look at what you've typed.  You add an allowance for the government being able to step in, yet argue against regulation.  If you're against regulation, predatory lending should peachy keen to you.  What specifically is it about regulation that you are against?  Cost vs value?  Principle? 

I find it ironic that many democrats are labeled idealists for believing in government being able to handle certain tasks efficiently, yet I see much more idealism in believing in positive results from a purely capitalistic corporatist empire.  What we have right now with these taxpayer funded bailouts is corporate welfare. 
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akuma587 on 16 September 2008
Kasz216 said:
akuma587 said:
Some farmers here just get a check every year to put wind turbines on their land, so I see it is a win-win if the owner of the turbine is making money.

The people who annoy me the most are those who complain that wind turbines are "ugly." I mean its fine if you wanna argue whether or not wind energy is that efficient and cost-effective, but "ugly"? What are you, a Democrat?

I think Wind Turbines look cool personally.

Wasn't Kennedy the one who refused to allow wind turbines be built by his house because he thought they were ugly?

 

I think they look cool also.

I'm not sure, I was just referring to some people in my state (Texas) who say that.  I remember one farmer in this article who said he was outraged that his father put them on their farm.  YOU GET FREE MONEY FOR NOT DOING SHIT!  How is that a bad thing?  I could put up with something I thought was ugly on my lawn if I was getting $10,000+ a year per item on my lawn.

 



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

Kasz216 on 16 September 2008
akuma587 said:
Kasz216 said:
akuma587 said:
Some farmers here just get a check every year to put wind turbines on their land, so I see it is a win-win if the owner of the turbine is making money.

The people who annoy me the most are those who complain that wind turbines are "ugly." I mean its fine if you wanna argue whether or not wind energy is that efficient and cost-effective, but "ugly"? What are you, a Democrat?

I think Wind Turbines look cool personally.

Wasn't Kennedy the one who refused to allow wind turbines be built by his house because he thought they were ugly?

 

I think they look cool also.

I'm not sure, I was just referring to some people in my state (Texas) who say that.  I remember one farmer in this article who said he was outraged that his father put them on their farm.  YOU GET FREE MONEY FOR NOT DOING SHIT!  How is that a bad thing?  I could put up with something I thought was ugly on my lawn if I was getting $10,000+ a year per item on my lawn.

 

I believe there is a famous sign during the great depression that reads  "I don't want a handout.  I just want to work."

Some people hate free money.  Some people just want to work... and believe people should only get paid for what they do... etc.

Weird philosphy.  But some people have principils like that.  I mean he could just... give it away.

Or he may of just been against Wind Turbine energy due to it's cost.



Kasz216 on 16 September 2008
Sansui said:
Kasz216 said:

Also, i'd argue that people have the right to loans they don't understand. Though they should also be smart enough not to take them.I don't believe in the government protecting people from themselves.

People should be given the best education they can, they be allowed to make all the stupid decisions they want to make.  The only time the government should step in is when the buisnesses at hand are being misleading.

 

Look at what you've typed.  You add an allowance for the government being able to step in, yet argue against regulation.  If you're against regulation, predatory lending should peachy keen to you.  What specifically is it about regulation that you are against?  Cost vs value?  Principle? 

I find it ironic that many democrats are labeled idealists for believing in government being able to handle certain tasks efficiently, yet I see much more idealism in believing in positive results from a purely capitalistic corporatist empire.  What we have right now with these taxpayer funded bailouts is corporate welfare. 

Simple.

If they seek out the loan, and understand what they have to pay per month.  Yet still take it on, knowing they may default.  They are at fault.

If they seek out a loan, and udnerstand understand what they have to pay per month, yet still take in on, knowing they may default, and are told that nothing will happen.... or that they should take a sub-prime morgage loan over a prime morgage loan... then the government should step in.

 

Someone just agreeing to a Sub-Prime morgage loan isn't predatory lending.  It's only predatory when the bank seeks to intentionally mislead the people involved.  Even if the bank thinks the people won't understand it.  In of itself it's not predatory since it's all out there on the table.  The person just doesn't understand and agrees to something they don't understand for some reason.

If the people involved just don't understand it because it's complicated.  That's a different thing all together and they should of had a third party look it over.  Only when things are left out on purpose, or the documents altered in some way are when it's predatory.



akuma587 on 16 September 2008
Kasz216 said:
akuma587 said:

I think they look cool also.

I'm not sure, I was just referring to some people in my state (Texas) who say that.  I remember one farmer in this article who said he was outraged that his father put them on their farm.  YOU GET FREE MONEY FOR NOT DOING SHIT!  How is that a bad thing?  I could put up with something I thought was ugly on my lawn if I was getting $10,000+ a year per item on my lawn.

 

I believe there is a famous sign during the great depression that reads  "I don't want a handout.  I just want to work."

Some people hate free money.  Some people just want to work... and believe people should only get paid for what they do... etc.

Weird philosphy.  But some people have principils like that.  I mean he could just... give it away.

Or he may of just been against Wind Turbine energy due to it's cost.

Lol, well I don't think a farmer is in the position to say that getting free money is a bad thing.  He just said that he hated "the noises" they made as well as the sight of them.  But seriously, I would be willing to put up with a lot for that much money and no effort whatsoever on my part.

 



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

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Kasz216 on 16 September 2008
akuma587 said:
Kasz216 said:
akuma587 said:

I think they look cool also.

I'm not sure, I was just referring to some people in my state (Texas) who say that.  I remember one farmer in this article who said he was outraged that his father put them on their farm.  YOU GET FREE MONEY FOR NOT DOING SHIT!  How is that a bad thing?  I could put up with something I thought was ugly on my lawn if I was getting $10,000+ a year per item on my lawn.

 

I believe there is a famous sign during the great depression that reads  "I don't want a handout.  I just want to work."

Some people hate free money.  Some people just want to work... and believe people should only get paid for what they do... etc.

Weird philosphy.  But some people have principils like that.  I mean he could just... give it away.

Or he may of just been against Wind Turbine energy due to it's cost.

Lol, well I don't think a farmer is in the position to say that getting free money is a bad thing.  He just said that he hated "the noises" they made as well as the sight of them.  But seriously, I would be willing to put up with a lot for that much money and no effort whatsoever on my part.

 

I'll say.  That's probably more then i'll make total this year.