paul12000
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Joined: 11/20/2007
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quote:
ORIGINAL: FullCircle
quote:
ORIGINAL: paul12000
Let's me see, so Obama isn't trying to buy our banks and such then? If he's not doing that, then why is he allowing his fellow lackies to yell at companies that didn't really want the stimulus packages, practically shoved it down their throats, and then turn around and yell at them for spending something on either golf tournaments or customer appreciation days? Hmmm. Isn't that government telling owners what to do and how to do it? Saying, hey we bought you, now do as we say or else. Nah, can't be socialism at work there, can it?
You don't want to see the alternative to the bank rescue package unless you are an anarchist, so if we can agree the rescue package was needed to protect savers can we then decide in what form it takes i.e. is it going to be a hand out with no guarantee of return or any say in what the money is spent on or is it going to be an investment? Would you give your money away and not want a say in what it was being used for? These are unique times and so you are seeing things that look similar to things of the past but they are not.
What alternative are we talking about here? The rescue package wasn't needed for all the banks, but companies, I.E. Wells Fargo, said, they didn't need or want it. However, the government made them take it anyways in the name of helping them out.. They didn't ask for it! Who is the government to say who can and can't have money in the first place? Then after that, the companies, ok, we got this money.. They said, go forth and stimulate the economy with it.. Alrighty, let's put our head together, the best way to stimulate the economy is to actually put the money in circulation. So, some companies say, here's an idea.. Let's go to the party store and BUY party stuff.. cause BUYING puts money into circulation.. Hey, we need people to help run this event.. let's HIRE people to PAY, cause that circulates money, gets it to work.. So, they HIRE people.. Now we need to let our CUSTOMERS know that we are glad they come to us for stuff, so, we need to advertise.. we need to HIRE advertising personnel and then PAY the newspaper to print our ads.. So far so good, this money isn't sitting in our vaults doing nothing, cause we need to STIMULATE the economy, after all, Obama and his gang said, go forth and stimulate the economy. Then the big event comes, and the world hears about it. Then Obama's lackies begin to FUSS! Hey, we didn't give you the money to STIMULATE the economy that way, you are to do it OUR way or ELSE.. Then they looked at another group of companies.. Some didn't need it, was forced to take it, decided to sponsor a golf game with it, which again, involved alot of cash circulation to help everyone involved to have cash to actually do something with it, and again the government reared its ugly head and demanded them to not stimulate the economy in that way.
Since Obama and gang aren't even near socialist, they would have no reeason to first off hand out money, and then secondly tell us how to use that money. If I am willingly giving someone money to borrow, I think they can do whatever it is they need to do with it, as long as they pay me back. If they don't pay me back, then I know not to give them money any more, and put them on a do not trust list. When they come crawling back for more, then I go, no, you used the first loan unwisely, why should I give you more, you're out of luck.. They may hate me for it, but I'm not gaining more money by giving away money to someone who don't know what they are doing with it in the first place.
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RE: Obama is no socialist...we know. - 
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