Shit, Warren, do it yourself, dude. You got the benjamins. Give us the Buffett buffet!

I don't get it.. the first one isn't working.. so.. let's do another one, and this time.. we'll do something besides redistribute wealth..

It makes no sense.

Buffett: Second Stimulus Might Be Needed

Wrong Buffett. I'm in the mood from some Jimmy Buffet stimulation.

A fun concert or some listening to some Buffet tunes while lying on the beach...ahhhhh. Soon.

"Concerned. Deeply. Me."

--Barry

Chris - they're distantly related.

"some Jimmy Buffet stimulation"

Margritaville, huh?

"some Jimmy Buffet stimulation"

Margritaville, huh?

#6 | Posted by Zatoichi at 2009-07-09 04:13 PM

Some Buffett tunes and a couple of real margaritas (w/extra chipped ice so it's kind of slushy) sure sounds nice.

Chris - they're distantly related.

#5 | Posted by cbob at 2009-07-09 04:12 PM

For real, cbob? Didn't know that. Small world.

Zat and cbob --

You boys bring out the blender and tequila.

I've got the music covered.

I bet if they do another one it won't be going through any state governors who aren't using the funds the way they were intended. It will probably be cash or tax holiday which would go directly to us so we can spend it. They should have done it that way the first time, at least a larger portion of it.

Doesn't he really mean a THIRD? Bush passed one and Obama passed one, or does 2008 no longer count?

It will probably be cash or tax holiday which would go directly to us so we can spend it. They should have done it that way the first time, at least a larger portion of it.

Dream on Danni...this money is for the professionals.

Since 90% of the first one hasn't been passed out, how do we know anything about portions?

#2 | Posted by nmg_no

You're an idiot. It takes longer than four months to work. You already know that but just feel like acting the idiot. Your village is misses you.

#11 | Posted by danni

And we can discuss forever why tax cuts or rebates fail as stimulus measures.... I just pay off accrued bills or put it into savings. No one benefits, least of all the economy. At least government spending gets something for handing out the money. Its the actual trickle down effect (which works when you don't give it to people who just save it or buy foreign goods).

Chris -

An old friend, Tommy Womack, just got to watch Jimmy in the studio, recording a song of his, about two weeks ago. www.buffettnews.com

#15 | Posted by cbob at 2009-07-09 04:34 PM

Just checked out your link - "Nobody from Nowhere" -- really liked the lyrics!

What's that definition of insanity again? Something about doing the same thing and expecting different results?

But that probably doesn't apply here... just print more money. I'm sure it will work this time.

What's that definition of insanity again? Something about doing the same thing and expecting different results?

But that probably doesn't apply here... just print more money. I'm sure it will work this time.

Hey, the people who were wrong every step of the way up until this point, you know, the experts? They say it's a good idea...so shut up, smile, and get out your wallet.

"Hey, the people who were wrong every step of the way up until this point, you know, the experts? They say it's a good idea...so shut up, smile, and get out your wallet."

Good point. After all, they went to Harvard, and we are just the idiots who pay taxes.

You want the economy to get better, easy, raise taxes on the wealth and make their best avenue to avoid those taxes be investment into job creating industry in the United States, then protect those industries from unfair competition from Communist China. What we need is more than stimulus, we need a new industrial plan for the nation and an end to unfair free trade. Obama is proving to be more of a moderate and it may be a time that more aggressive action is required.

SYCHOPHANT I understand what you mean by direct stimulus to the people but I believe, from talking to several trades people like the A/C repairman, that we need to pump some cash into people's hands. I live in Florida and it's July and the A/C guy is working 20 hours per week, last year at this time he was working 60. People simply don't have the money for repairs on A/C, homes, cars, etc. I think a check would probably be more likely to be spent than it was the last time.

"Hey, the people who were wrong every step of the way up until this point, you know, the Bush administration?"

""Hey, the people who were wrong every step of the way up until this point, you know, the Bush administration?"

#22 | POSTED BY DANNI"

His administration certainly bears responsibility. What about the Congress Danni? Any of that blame fall on the current administration?

Your post sounds a whole hell of a lot like what Republicans were saying during that very brief recession during the opening month's of Bush's administration. "Clinton's fault! Clinton's fault." Just like I thought back then the same applies today: Bush isn't president anymore.

"Hey, the people who were wrong every step of the way up until this point, you know, the Bush administration?"

Danni, please save your obligatory mail-in posts for subjects that make sense.

Thanks,

Management

The government could raise some money by cutting off all welfare payments. When the zombies in the ghettos and trailer parks woke up and realized they had to work there would be a resurgance of economic activity. Then give the money saved to the Orkin man to spray down the ghetto and trailer parks for bugs. It's a win win win.

I would pay $10 admission to sit a lawn chair watching that shit.

"His administration certainly bears responsibility. What about the Congress Danni? Any of that blame fall on the current administration?"

Congress, yes, we used to call it the "rubber stamp Congress."

The Obama administration??
Yes, we could hold them responsible for not having a magic wand that could fix the worst economic disaster since the Great Depression of 1929 in six months time. President Roosevelt told America that he did not have a crystal ball and that all he could really do is try to find a method to get people working and that if one thing didn't work that he would try another. Obama said pretty much the same thing. It isn't as if there is an instruction book to follow on something like this.
If the President can't get results by the election of 2010 I am sure Democrats will pay a price for it. I am hopeful that he will make progress and that the voters will see some results and feel that we are on the road to recovery.

Most economists believe the U.S. doesn't need another round of stimulus now despite expectations of continued severe job losses.

Just eight of 51 economists in The Wall Street Journal's latest forecasting survey said more stimulus is necessary, suggesting an average of about $600 billion in additional spending. On average, the economists forecast an unemployment rate of at least 10% through next June, with a decline to 9.5% by December 2010.

Yes, we could hold them responsible for not having a magic wand that could fix the worst economic disaster since the Great Depression of 1929 in six months time.

It's was called doing nothing...let's look in the crystal ball, shall we?

Toxic assets: Sold to the solvent.
Housing market: Reaching it's bottom and people start depleting inventory
Car companies: Restructured minus 40 billion down the drain

And so on...

"Hey, my boat is sinking. I bailed one bucket of water out and I'm still sinking. So obviously it's a waste of time to bail a second bucket."

Seems to be the attitude of plenty of people here in this thread.

Anyway, I thought at least the likelihood of a second round of stimulus was common knowledge? The CEOs of the world certainly knew about it. (I'm trying to find the interview on ft.com six months ago with the guy from Lloyd's Banking Group where he says a second bailout might be needed, but no luck.)

Isn't there a conflict of interest here? Didn't Warren Buffet invest in Goldman-Sachs and aren't they a major winner in this fiasco, second possibly only to Citicorp? Not that the Treasury or Fed will say.

Its time Jimmy Buffet wrote a song for Warren Buffet. "Wasting Away in Omaha"...and I know, its my own damn fault.

I don't see why anyone would pay a mortgage if they are under water because the government said they were going to let them all refinance. How did that brilliant idea help? Also why would anyone buy a home if it;s value could go down and they couldn't sell it if they needed to move somewhere for a job? Rents are cheap right now. It doesn't take an economist to see that we are spiralling toward a disaster which can't be stopped by any stupid stimolus package of borrowed money.

Doesn't he really mean a THIRD? Bush passed one and Obama passed one, or does 2008 no longer count?

#12 | Posted by kanrei

There has only been one stimulus bill. I think you are thinking of the TARP bailout package, which in fairness could not be considered a stimulus bill.

SYCHOPHANT I understand what you mean by direct stimulus to the people but I believe, from talking to several trades people like the A/C repairman, that we need to pump some cash into people's hands....

#21 | Posted by danni

Well that is exactly what won't happen. In fact more and more will be taken OUT of people hands. Something like 50% of the US employed...are employed by biz's with less then 400 workers. Taxing the owners....and all of the employees to create big government agencies is a POOR idea.

That's the direct result of allowing nancy pelosi a free hand at crafting the "shovel ready" stimulus. By now, i think we most know the "shovel" was shoveling pork down gov rat holes....

"Yes, we could hold them responsible for not having a magic wand that could fix the worst economic disaster since the Great Depression of 1929 in six months time."

How is this the worst economic disaster since the great depression, if we haven't even hit unemployment levels that we saw in the early 80s?

I don't get it.. the first one isn't working.. so.. let's do another one, and this time.. we'll do something besides redistribute wealth..

It makes no sense.

#2 | Posted by nmg_no at 2009-07-09 04:06 PM | Reply |

Seems deeper than that. Was hearin on the radio the other day Geitner saying much of the funds of the first stimulus still remain unspent. Which yeah, makes asking for a second one questionable...

"Toxic assets: Sold to the solvent."

What are you talking about??? THose same banks still hold billions in paper for mortgages that are delingquent or in foreclosure or already foreclosed.
They are simply ignoring them right now but they are still there. No one is going to buy those "assets."

Housing market: Reaching it's bottom and people start depleting inventory

I only wish that were true, but reality says housing prices are still falling with no end in sight.

Car companies: Restructured minus 40 billion down the drain"

Yep, and possibly they will end up solvent and save hundreds of thousands of jobs...or we could have just let them completely fail and now we'd be truely in a depression.

The reason for the right's loud criticisms of Obama and the stimulus is because they think that the majority doesn't understand how completely they fucked the economy. They think that because Obama took office in January that people are dumb enough to believe that the economic woes we are now experiencing aren't a direct result of the policies of Bush for the past eight years.
Sorry, most of America isn't that stupid. Most of America is going to be pretty patient and allow the administration to attempt to revive the nation that was on life support when they arrived.

I bet if they do another one it won't be going through any state governors who aren't using the funds the way they were intended. It will probably be cash or tax holiday which would go directly to us so we can spend it. They should have done it that way the first time, at least a larger portion of it.

#11 | Posted by danni at 2009-07-09 04:27 PM

You must do some strong ass drugs. That's a republican idea.

How long ago were you diagnosed with schizophrenia?

"You must do some strong ass drugs. That's a republican idea."

It might be a Republican idea but my opinion is because REpublican governors have played games with the stimulus dollars and I don't want them to have that opportunity again.

These threads really get me thinking. If Americans had the option of voting "yes" or "no" on whether specifically their tax dollars went toward a second stimulus, how many of them would mark "yes?" My guess would be under 10%.

Not a bad idea to start giving Americans a choice in these matters. Any spending other than infrastructure, defense, education, welfare for children and the disabled, and environmental cleanup requires taxpayer approval. Sound fair?

If not, how about a card next to ballot boxes showing how incumbents voted on key matters?

I don't get it.. the first one isn't working.. so.. let's do another one, and this time.. we'll do something besides redistribute wealth..

It makes no sense.

#2 | Posted by nmg_no at 2009-

NOT timely
Not a stimulus
and one more thing

ALl problems that we were screaming about when this HAD to be done overnight.........

and its a bipartisan...FINGER IM giving towards DC........

How is this the worst economic disaster since the great depression, if we haven't even hit unemployment levels that we saw in the early 80s?

#34 | Posted by GreenDad at 2009-07-09 07:08 PM

There's still some kids out here without and I-pod or a gameboy or a cell phone. Plus, too many people still have to work. Until everyone has an I-pod, a gameboy, and a cellphone and nobody has to work we won't be happy. And, we'll compare it to whatever we have to keep our side in power.

Second stimulus package sez Buffet?

Sure, may as well spend the money while folks still think it's worth sommat.

Unfortunately, the underlying economic woes here are systemic.

America spends more than than it makes.

America imports more than it exports.

Those twin deficits are made worse by the continued outward flight of capitol and manufacturing.

The Wall Streeters and the K streeters continue to keep effective legislation ensuring stability and tranparency in the market at bay by legally bribing the Congress and Senate.

All the stimulus money in the world will do nothing to address these underlying issues.

Be Well.

/Jimmy Buffet Party?
//Woo Hoo! Grab yer pet parrot, put on yer tackiest Hawaiin shirt and get yer Margarita at the door.
///Now where did Spud put that salt shaker?

"It isn't working!!!"... Even though the vast majority of the $ has yet to be spent?

How can anyone say it won't work when the $ is still unspent??? Isn't that the same as taking 1/10th of a Tylenol and then deciding that since your headache is still there Tylenol doesn't work?

And I LMAO at the Repubs trying to pin this as "Obama's Economy". Where was that insistence that someone in the Oval Office for only 6 months take responsibility for a disaster in 2001? Seems to me the Bushies still try to make us believe that they "kept us safe" despite the fact they were in charge nearly 8 months before 9/11. Pathetic.

" My guess would be under 10%."

My guess is you are full of crap but we'll know in a few days because they will certainly have a poll. They poll everything. My bet is that Americans will be happy to seen ANYTHING that might improve this economy.

doesnt matter to the asshole barney frank
he is bringing up a bill that would send "profit' from this and the bank stuff to a neighborhodd group that includes.........ACORN >.......in its ranks..
bill to be on 'fast track' next week

so if I have a 100 bucks bet at the track and I win one race and it pays 50 bucks........THATS NOT Profit yet..........

same way here........IF he sends shit like that through....the hardest core liberal here will have a hard time justifying it

drat..didnt finish

the hardest core liberal here will have a hard time justifying it

because that money was meant to be used to help get the deficit down and if dems get a law passed that gives that money away.
then no dem here or anywhere else will be allowed to say ONE FUCKIN word about the deficit mattering because thier action will prove what they really think about it

"My guess is you are full of crap"

The problem with polls is that (a) they are poorly worded, and (b) politicians trick everyone into thinking it won't be their money that funds these programs. I'm saying that if you asked people if they wanted THEIR MONEY to go to a second stimulus, that 90% of them would say no.

"so if I have a 100 bucks bet at the track and I win one race and it pays 50 bucks........THATS NOT Profit yet....."

You don't think you've won on that $5 bet, regardless of all the others? I mean, with one race down, and you up, why decide you're going to lose by the end of the day?

"The problem with polls is that (a) they are poorly worded, and (b) politicians trick everyone into thinking it won't be their money that funds these programs."

Dead-on.

"I'm saying that if you asked people if they wanted THEIR MONEY to go to a second stimulus, that 90% of them would say no."

I"ll bet if you put it that way about TARP or the first stimulus, they'd say no as well.

You don't think you've won on that $5 bet, regardless of all the others? I mean, with one race down, and you up, why decide you're going to lose by the end of the day?

#48 | Posted by Danforth at

but I cant call it profit because I am still out 50 on the other bets.....so if none of the other bets come in. I have lost 50
barney is saying that since we have one dollar in for every ten we sent out...THATS PROFIT that he can send to ...oh shit......the name has lost me
neighborhood something or other..
and ACORN is a member of that group.......

AND if something like this happens...I find it hard to believe that you would agree with it

again.......money the banks paid in interest were supposed to go into the treasury to help bring the deficit down
at least THATS what we were told.......

DAMN IT

just looked at screen of the 7th race at presque isle downs in PENN..

lost a 300 pick three by a head.

well shit

HEY DANNI

yesterday at presque isle downs there was a horse in a race named 'danni's destiny' ...for REAL...

and in the next race there was a horse that had run around here before called/...."thanksdubya"..

I was hoping they were running in the same race and I COuld tell you who won!!!!!!!!!!!

"so if none of the other bets come in..."

Riiiiiiiiiight.

Be honest: you've won the first race of the day, with more races to come. Do you feel good about it?

What are you talking about??? THose same banks still hold billions in paper for mortgages that are delingquent or in foreclosure or already foreclosed.
They are simply ignoring them right now but they are still there. No one is going to buy those "assets."

Nobody is going to buy them for what the banks want to sell them for. Banks want 30 to 40 cents on the dollar, and the buyers want to pay 10. Who's going to pay that other 20-30 cents to the banks Danni? That's right...you and me. They will get the money, and you know why? They have you so scared, that all they have to do is say jump and you say how high?

That's the beauty of the free market...when you fail, you don't get to determine the price your assets sell for.

I only wish that were true, but reality says housing prices are still falling with no end in sight.

The only reason there is no end in sight, is because the government is doing everything it can to slow that burn. We are going from point A to point B. The only question is how fast.

Yep, and possibly they will end up solvent and save hundreds of thousands of jobs...or we could have just let them completely fail and now we'd be truely in a depression.

Hilarious... solvent. If only we could all be solvent after multi-billion dollar handouts...

Plants are still closing all around me, Danni. Many, many of thousands of jobs were lost. Many retirements were taken early. GM and Chrysler went bankrupt. Then what happened? Penske bought Saturn. Other companies bought other pieces of GM...and GM shed their fat. Which is exactly what would have happened had we not given them a dime.

The reason for the right's loud criticisms of Obama and the stimulus is because they think that the majority doesn't understand how completely they fucked the economy. They think that because Obama took office in January that people are dumb enough to believe that the economic woes we are now experiencing aren't a direct result of the policies of Bush for the past eight years.
Sorry, most of America isn't that stupid. Most of America is going to be pretty patient and allow the administration to attempt to revive the nation that was on life support when they arrived.

The simple fact is that more than half of Republicans opposed "TARP". All real conservatives opposed "TARP". You can't lump me in with the retards the love the War on Terror, I think it was a horrible decision.

See Danni, most of America is that stupid. They have no idea what the Federal Reserve is and what kind of power they wield. They don't see videos like this

"Some people claim that there's a woman to blame, But I know, it's my own damn fault."

sorry I'm late

Be honest: you've won the first race of the day, with more races to come. Do you feel good about it?

#52 | Posted by Danforth at 2009

well the results coming in arent that good but remember that was a hypothetical situation......

AND HERES hoping they TRY and get another one going

only thing is will do is prove what we said all along

dems will overreach....THEY always have..

and remember...whats the best thing we got from jimmy carter

RONALD REAGAN, of course

SO keep sticking those hands in the american cookie jar assholes...........one day soon.....its going to get cut off

"The simple fact is that more than half of Republicans opposed "TARP". All real conservatives opposed "TARP"."

Meh. Even if Republicans held all 535 seats in Congress, TARP would have passed. It had to. The AIGs, Lehmans, & Citibanks of the world left no other choice.

I dont know about that, but I suspect you are probably right..

HOWEVER, I have no doubt that it would be nowhere as big and have nowhere as NEAR as many things in it that are campaign paybacks and liberal agenda items...NOT AS many...there is no way I could say that republicans wouldnt pay back promises..
but the agenda items would not have been there..I dont think

Be nice if Buffett and Gates used the fortunes they made taking advantage of America's capitalistic system to help their fellow Americans.

This is not a rag on capitalism only on Buffett and Gates

"Be nice if Buffett and Gates used the fortunes they made taking advantage of America's capitalistic system to help their fellow Americans."

You're joking, right? You just singled out two of the most prolific givers in history.

You're joking, right? You just singled out two of the most prolific givers in history.

It's not like their lifestyles or that of their heirs will suffer if they forked out 30 billion apiece to Americans. Not necessarily directly but as capital to restore some manufacturing to America's base.

"It's not like their lifestyles or that of their heirs will suffer if they forked out 30 billion apiece to Americans."

I'd bet it would. Neither are worth 30 billion.

Govt's do NOT create wealth, they only redistribute wealth. They collect taxes to pay back debt and care for the unfortunate.

The ideal gov't will create conditions where there will be the ability for the individual to excel and become a productive member of society.

Dems/Libs want to keep the underclass, who pay little taxes and expect Mucho "Entitlements", to keep the useless leechy politicians in power.

Yep, and possibly they will end up solvent and save hundreds of thousands of jobs...or we could have just let them completely fail and now we'd be truely in a depression.

The reason for the right's loud criticisms of Obama and the stimulus is because they think that the majority doesn't understand how completely they fucked the economy. They think that because Obama took office in January that people are dumb enough to believe that the economic woes we are now experiencing aren't a direct result of the policies of Bush for the past eight years.
Sorry, most of America isn't t

Maybe you missed the part where Rasmussen this week says more people disagree with the zero then agree with his policies. Or you choose to ignore how the zero said unemployment would peak at 8% if we passed his "shovel ready" big government plan.

You throw around COMPLETE BULLSHIT ideas acting like you some messiah of information. Wanna know some BS, your claim that we'd be in a depression if GM and C failed. Coming from someone would is already on record saying we ARE in a depression...it's proven you know jack shit about the economy

NOTHING AT ALL.

So when you again try to blame all things bad on bush, and all good on obama, it's only the stupid people who can't see your sharade.

it's only the stupid people who can't see your sharade.

~DavetheMindSlave

Spud's first rule of blogworld in full effect here.

Lawl.

Be Well.

We are in a depression. But it still was such comic relief to watch Obama breathlessly express the urgency of the stimulus package before jetting off to a Broadway show, then only spending 15% of the money after six months.

The man doesn't know how to govern, and neither do the morons around him. That's what you get when you elect a legislator, and not an executive, and why the republic is able to go six decades in between bad experiences.

Gobama! Keep buying libbies!

not an executive

What executive do you have in mind?

Legendary investor Warren Buffett said in an interview aired Thursday that unemployment could hit 11% and a second stimulus package may be needed.

Wait just a damn second. Didn't Obama threaten us that unemployment would go above 9% if we didn't pass the first stimulus? Well, it went past it. What is it with these guys acting like they can predict employment outcomes? More fear mongering.

I bet if they do another one it won't be going through any state governors who aren't using the funds the way they were intended. It will probably be cash or tax holiday which would go directly to us so we can spend it. They should have done it that way the first time, at least a larger portion of it.

#11 | Posted by danni

You are living in a dream world, Danni. There is no way in hell the government, especially Obama, is going to give the money to the public directly or indirectly. Obama, if you haven't noticed and it's obvious you haven't, is all about bigger government. If he's going to spend another trillion dollars it will be on government. Don't you know that's what he believes in? You voted for him you should know that.

Yes, we could hold them responsible for not having a magic wand that could fix the worst economic disaster since the Great Depression of 1929-Danni

Of course you have bought into this fear tactic. Don't you realize that Obama has been saying this for two reasons? One, he wants to scare everyone so that he can do whatever he wants to with spending. And two, he wants to make it sound so bad to give himself wiggle room when his ideas don't work. What, the economy isn't getting better? Well, it is the worst thing since the Great Depression.

Why don't you take some time and actually compare now to then. Unemployment is nowhere near what it was then. We don't have people lining up at soup kitchens or at the gates of factories to be picked to work that day. And we aren't even close to having these things happen. We could leave the economy completely alone and we would never come close to being like the Great Depression.

-all about bigger government.

Yes, in a country where government is supposed to be of, by, and for the people, who could possibly want the government to have much power?

Either one has given up on that ideal, or they prefer the vacuum created by limited government to be filled by corporate power.

Why don't you take some time and actually compare now to then. Unemployment is nowhere near what it was then. We don't have people lining up at soup kitchens or at the gates of factories to be picked to work that day. And we aren't even close to having these things happen. We could leave the economy completely alone and we would never come close to being like the Great Depression.

Don't get in the way of that freighttrain Everlong. Some people just have to insist this is the worst time ever. They have to in order to fuel their fierce ideology and hate of others.

Rebuilding our infrastructure, YES. Saving our manufacturing base, YES.

Continuing to subsidize the giant leaches in Finance, Insurance and Real Estate, NO. These fuckers dwarf all the welfare mothers in the Western World.

I bet if they do another one it won't be going through any state governors who aren't using the funds the way they were intended. It will probably be cash or tax holiday which would go directly to us so we can spend it. They should have done it that way the first time, at least a larger portion of it.

#11 | Posted by danni

The first one is being well spent. 2 to 1 it's going to the districts that supported BHO but it isn't stimulating the economy.

The best way to get the economy going is to give business a tax cut so they can be profitable here in the US again. You never will get the business going by raising taxes on them, it will just drive them overseas.

" 2 to 1 it's going to the districts that supported BHO"

They're called cities.

Yes, in a country where government is supposed to be of, by, and for the people, who could possibly want the government to have much power?

Either one has given up on that ideal, or they prefer the vacuum created by limited government to be filled by corporate power.

#71 | Posted by Corky

I'm not even sure what you mean by that. However, our founders wanted the government to have as little power as possible. Just enough as they needed. Unfortunately, we have steadily granted them more and more power over the years to the point where the states are the ones with the limited powers. Government is way too big and it is a very sad thing.

Didn't around 80% ( or more) of the US population disagree with the bailout in the first place?

CBOB

Chris - Tommy is an enormous talent. He has played on Letterman and Leno with Todd Snider's band. You can watch him and his buds sing the new song here at a Nashville record store: www.youtube.com

A mutual friend, Tim Krekel, played guitar in the Coral Reefer Band (including on "Cheeseburger in Paradise") and just died last week, after a brief bout with cancer. Another huge talent - he wrote hit country songs for Crystal Gayle, Patti Loveless and Martina McBride, but he mostly loved rock, soul and gospel. With a big band. Check out Tim's song about Wilson Pickett: www.timkrekel.com

#20 | Posted by cbob at 2009-07-09 04:58 PM

Listened to the songs you linked for me. Thanks. I know when I finally choose which state I'm moving to in the "sorta South" area of our country I'll fit in well pretty much anywhere down there. It takes one who truly enjoys C&W music (like me) to get a kick out of a song lyric like "they buried Wilson Pickett in my back yard." LOL

Thanks for sharing Tim Krekel's song and sorry to hear about y'all losing him to illness. Must be of some comfort, though, knowing your buddy will at least continue to be remembered through his music. His lyrics brought a smile to my face -- true country and western.

Govt's do NOT create wealth, they only redistribute wealth. They collect taxes to pay back debt and care for the unfortunate.

The ideal gov't will create conditions where there will be the ability for the individual to excel and become a productive member of society.

Dems/Libs want to keep the underclass, who pay little taxes and expect Mucho "Entitlements", to keep the useless leechy politicians in power.

#63 | Posted by JROD at 2009-07-10 0

IM sorry

but you just arent allowed to show such logic and reallity and commonsense like this on arguments here..
the left wont allow that sort of thing

from your typing to congress's ears....

WOW.......rightwing wackos who actually support the constitution and the fiscal system that made us the greatest nation on earth..

scroll back and read this thread again and look at ALL the conservative posts..

nice isnt it to have this many SANE voiced here in the middle of the liberal DEN OF THE BEAST.....

keep up the pressure

Redistributing wealth is the job of the government.

When government doesn't see that wealth is redistributed fairly, the wealth gets redistributed by force.

See Fall of Roman Empire

See French Revolution

See Russian Revolution.

The rich get richer and the poor get poorer. Until the poor kill the rich and take their wealth and their lives.

The choice is up to the Rich people as to how the wealth gets redistributed. That it will be redistributed is not in question---the only question is---how?

Didn't around 80% ( or more) of the US population disagree with the bailout in the first place?

#77 | Posted by Sluggo at 2009-07-10 12:30 PM | Reply | Flag:

That's because they hadn't lost their job to a failed bank that took all their employers money with them when they went under. Want to talk about a domino effect?

They're called cities.

#75 | Posted by Danforth

So, what's your point? Can't a political district be a city?

All these examples/revolutions and a host of other tragedies led to the same conclusion. No rich people-only poor and miserable people led by a despotic nomenclatura. In other words--people's paradise. Redistribution of wealth is a fools errand--and of course a despotic one.

Redistribution of wealth is a fools errand--and of course a despotic one.

#84 | Posted by Liberty at 2009-07-10 04:40 PM | Reply | Flag

Redistribution of wealth is a fact of economics. Redistribute or die. Don't learn from the past? You die. Simple isn't it.

Without welfare and affirmative action, that fact would have been made more clear 30 years ago. The riots of the 60's would have continued to an explosion in the 70's.

That's funny, Bob. This country seemed to be doing just fine long before welfare or any other program that redistributes wealth came along. We didn't die before the welfare state was invented. The points you make are as screwed up as all of your crackpot theories.

Enough already, who is going to pay for this crap! I know, let the DMC cover the cost...

69% of the money from tarp is going to counties that voted for obama
34% of tarp is going to counties that went for mccain

according to the fox business network

this is all you have to know to know that ben stein is right..

tarp was merely a TAXPAYER method of taking money from republicans and independants and giving it to democrat payback for the election.

AND the same show said that 60% of the public does not want a new tarp but 68% of them said that they thought we would be getting on anway..

and THERE Is a real problem between the people WE hired to represent us and US..........

ah but not to worry...TAX CHEAT GAITHNER and RHOM are on the job.

The greatest redistribution of Wealth is the bailout. Trillions being redistributed upward, secretly.

Our welfare bill is NOTHING, compared to alleged "defense", Iraq or the bailout. No one in this country should be deprived of bread and water. But, cost savings are available. Fire all the administrators and provide rice, flour, beans, salt, sugar and teas free to all comers, no questions asked. There is no reason to provide Doritos or Coca-Cola with food stamps. This would save 90% of our 3% Welfare budget.

Don't break those Social Security and Medicare promises. That would be another case of rewarding gangsters for stealing. Our war machine stole all that money from people that paid into the systrem in good faith.

nut..I heard the other morning a guy on the raidon saying that this health care reform was going to virtually eliminate medicare with something else..

is that a problem??

Then let Buffett pay for the damn thing.

No more!!!!!