Originally Posted by
wgrr
Deregulation killed the savings and loans.
Nope.
Deregulation killed the banks too.
Nope.
We just had to bail them out with "our money" to avoid a collapse of the markets all around the world. That is what GWB said in a speech a week ago. People have no idea how close this country came to a total financial collapse.
People don't realize yet that we actually have collapsed. The roof just hasn't come down yet.
There is high unemployment because there are no jobs. 55,000 factories have outsourced since 2000. This country in October 2008 lost 700,000 jobs in one month.
We are slowly coming out of our financial woes. It will take a lot of time. If we put the Republicans back into power next week then it will take a lot longer.
No, the markets are waiting, the employers are waiting, and in fact, all of America is now waiting to exhale after the elections, because NONE of the promises made by Obama or the supporters in Congress have come true.
Well, one has.
They have indeed started to "fundamentally change this country," and that is why they will lose on Tuesday.
Republicans in the Senate have obstructed a record number of bills, many of them were introduced buy Republicans, by filibustering everything.
Not true. The Republicans did not have the votes to maintain a filibuster.
They will regress back to 2006 when they lost power. They have 0 new ideas to help the working class of this great nation. They will fight hard to continue the crippling taxcuts for millionaires and billionaires while cutting every Social program this country has to insure the common man does not die pennyless in a ditch, on the side of the road.
Pretty dramatic sounding, but 100% manure.
We cannot sustain the social programs. I will never get social security. If you are younger, you won't get it, either. We will get something CALLED social security, but it will bear little resemblance to what my father received. We can't afford it. We will get Medicare, but it won't exist like it does now.
And, you can tax millionaires as long as you want, and 1) it won't fix the problem, and 2) they won't have money to invest, and there goes all the hope of jobs.
If you want to fix this, we can't have the benefits we were promised. We must cut deeply. We cannot tax the rich, because they have smart people who will protect their assets, and they DO leave this country to protect their money. When taxes go down, they invest in companies, some of them here, and jobs are created. Raise those taxes, and it's Katie bar the door.
This is what the tea baggers believe in. That is why they run and hide from the press. Evertime they open their pie hole their numbers drop like a rock.
Not true. You keep saying it, though. I think its funny.
I am going to LMAO when all these older angry white tea baggers riding around on their "free" scooters and living off Social Security and Medicare, wake up and realize they just fought to get people elected to office that want to take all of that away from them. GET YOUR GOVERNMENT HANDS OFF MY MEDICARE. Ignorance is bliss.
But reality bites. And it will. They won't lose their scooters, but guess what, if you or I want one, we will have to pay for it.
As far as Wal-Mart goes, Sam is rolling in his grave. He would never have approved of the way his company does business today.
Says who? You?
Wal-Mart is responsible for much of the outsourcing that is going on today. They are so huge they can dictate what price they are willing to pay a vendor for a product. If the vendor does not meet the price then they lose 90% of their market. The vendors close up here and move out to countries that pay workers 15 cents an hour.
Sounds like the smarts that built a great nation, to me.
Wal-Mart is actually fighting, I believe in Malaysia, to keep the government there from increasing workers wages from 15 cents an hour to 30 cents an hour. They make Faded Glory jeans there. Workers are expected to sew 10 pairs an hour. Wal-Marts labor costs are what, 2.5 cents a pair and they ar fighting a rise to 5 cents a pair. That would mean you might have to pay $10 for a pair of jeans instead of $8. Keeping workers here and around the world in abject poverty is the Wal-Mart way.
I have no use for Wal-Mart. I do not shop there.