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Two points
1.) Americans are also responsible for the recession.
(for example - My friend's dad, who hates liberals, went out and bought a Toyota - a Japanese car. uhuh, I wonder if he invests in international companies as well)
2.) Our stimulus package, although not enough money to stop the recession, will prevent it from becoming worse - which may be seen as a failure to people since they will say things like "we're still a recession - that means the stimulus failed". But perhaps the stimulus works - it shortens the recession - we will never know what would happen had we not gone through with a stimulus package - and we had to do something right? At least we are doing something.
The thing that sucks the most is that Obama inherits an economy that is crappy (because of things everyone has done - all american people - republicans and democrats) - and people will continue to tear America apart because of their partisanship. I hate seeing conservatives bitching at liberals and liberals bitching at conservatives. Not only does it solve nothing, but it tears America apart. Wooo! As if there is only 2 answers out there for every question - consevative or liberal - and one has to be right for every instance - stupid and annoying ideology behind that
Comments
Bush said that too.
Now with 57.3% more flames!
I think the stimulus would have been better spent giving every American, even the babies $2500. It would cost the same and it would instantly jumpstart the economy as it most certainly would be spent. Or better yet, $7000 to every working american, and $4500 to every adult who gets work in a limited time and $2500 to the people that hire them.
Americans are responsible for the crisis. You're China's bitch now.
What no one wants to understand in the US is that a recession is actually needed. That people need to make less money and jobs need to be cut. America only understands stimulus packages which temporarely create jobs for people who will just get fired again a month later. Every stimulus package is another chance of your dollar completely tanking. When that happens jobs will be the least of your worries, getting food will be.
Bush said that too.
and maybe uhhh bush's stimulus package uhh did prevent things from becoming worse than they are now and our economy would have been in absoulute hell without it!
(even worse hell than we are in now - see my point?)
Naw......China, Japan, and Korea still have to duke it out to see who'se bitch we really are.
Getting food will never be a worry here, we ship to too damn many foreign countries as it is. Africa, Asia, South and Central America will just have to starve. Nothing new there.......
As to the dollar tanking, last I checked everybodies currency was just worthless scraps of colored paper that's printed by governments with nothing of substance to back them up.
Even China, Japan, and Korea......
Come On Thrakk Wake up
If ye love wealth greater than liberty, the tranquility of servitude; greater than the animating contest for freedom, go home from us in peace. We seek not your counsel, nor your arms. Crouch down and lick the hand that feeds you; May your chains set lightly upon you, and may posterity forget that ye were our countrymen.
Samuel Adams
Yah...I can't wait to start paying off this 800 billion dollar debt when I turn 18. Thanks Obama!
Maybe he can make everyone's debt disappear. And maybe he can cleanse the world of Terrorism! And maybe he can end poverty! And maybe maybe maybe he can save the world from the evil conservatives that give a shit about the constitution and our rights!
OBAMAOBAMAOBAMAOBAMAOBAMAOBAMAOBAMAOBAMAOBAMAOBAMAOBAMAOBAMAOBAMA
THE MESSIAH HAS COME! HE SAVES HOMELESS WOMEN FROM HAVING TO WORK! HE SAVES IDIOTS FROM BAD JOBS!
IT'S THE SECOND COMING!
wait...
EDIT: Because Obama said too many times screws with the forums.
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Guys! I'm hopelessly lost in a mountain of mole hills! Them damn moles!
Think your right.
China to stick with US bonds
China will continue to buy US Treasury bonds even though it knows the dollar will depreciate because such investments remain its “only option” in a perilous world, a senior Chinese banking regulator said on Wednesday.
www.ft.com/cms/s/0/ba857be6-f88f-11dd-aae8-000077b07658.html
For most... here kitty kitty kitty... i will find food to eat.
yellow = thrakk
red = Ekibiogami
Plenty of Toyotas are built right here which employ Americans. Parts are accessories are built here, which also employ Americans. Some of it is from the outside, but every car manufacturer gets parts from everywhere. Making it harder on Toyota WILL eliminate American jobs and doesn't help anyone. Who's going to hire off-work Toyota people? GM, FORD? They can't keep who they have employed. Think before posting.
the difference is that Ford, GM, and Chrysler have an average of 75% domestic parts while Toyota is lower than 50% (by how much I don't know - apparently it was 40% a few years ago)
"1 Foreign-owned companies accounted for 88 of the 150 largest parts suppliers in North American original equipment sales in 2006, compared with only 41 of the 150 largest in 1994, according to an annual list that appears in the industry publication Automotive News."
Additionally, the good high paying technical and professional jobs all remain, as an example with Toyota, in Japan. Profits go to corporate coffers (in Japan) as well.
Alright.. enough caffeine..
The world relies on debt. If every debt was paid off in the world, we'd all be dirt broke.
And in regards to that post.. I have no idea what you're getting at?
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What if Paul Revere was like the boy who cried wolf....?
Originally posted by Hazmal
What does he say when people ask what he did? "My mommy was irking me yo - I wanted to keep pwning nubs on my xbox, so I roughed her up with a hardshell. That is just how I roll."
So how do you guys sleep at night with 10 trillion debt?
Just kidding
Bush said that too.
and maybe uhhh bush's stimulus package uhh did prevent things from becoming worse than they are now and our economy would have been in absoulute hell without it!
(even worse hell than we are in now - see my point?)
Please refrain from mentioning that douche.
We're all Geniuses. Most of us just don't know it.
Bush said that too.
and maybe uhhh bush's stimulus package uhh did prevent things from becoming worse than they are now and our economy would have been in absoulute hell without it!
(even worse hell than we are in now - see my point?)
Please refrain from mentioning that douche.
I'm still waiting for my "I Bush" shirt. Just to piss of people like you. I like Bush as a person...I don't necessarily agree with everything he did, but it's people like you that just fuel me.
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Guys! I'm hopelessly lost in a mountain of mole hills! Them damn moles!
How immature.
Whatever your political inclination is, you surely cannot blame him for the recession.
You should remember that before him the US had 8 years of Republican government, people seems to think Obama brought the problems with him straight from Kenia............which I find quite funny.
Obama, like Bush is trying to sort out one of the biggest crisis in capitalism history, and unlike what people think this crisis hasn't been generated by political mismanagement, but by Capitalism itself.
It is the financial market and our lifestyle based on debts which is the cause of this mess, politics are marginal on the causes, but have the duty to savage the economy, which if untreated, might collapse all together.
Therefore if you are a Rep, you are going to disagree with Obama stimulus, if you are a Dem you probably disagreed with Bush bailout.
Fact is both had to do something, It might not work, but there aren't many options around.
None of the governments either enjoied or is enjoying splashing out cash in this manner, but the alternative is even more grim.
After the house hase been repo'd, under the stars, in the nude.......
Spot on...
The realisation that decades of buying bobble headed dogs from peasants is now biting you on the ass is a tough one to swallow...
But then most of reality is....
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http://purepwnage.com
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"Far away across the field, the tolling of the iron bell, calls the faithful to their knees. To hear the softly spoken magic spell" Pink Floyd-Dark Side of the Moon
Yeah and do you know that the workers at all forgien owned factories get crap compared to the ones run by GM and Ford? The union only applies to American companies and is what is killing them. I think 10% on all profit of a car(pretty sure its higher) goes to paying RETIRED employs health benefits. They can't fire anyone and they pay out the ass for all sorts of benefits that they can't take away. The forgien companies don't have to go through that shit. Cut down the unions contorl and bam they have money and can start making more jobs(because they dont want to hire anymore union workers then needed)
Hold on Snow Leopard, imma let you finish, but Windows had one of the best operating systems of all time.
If the Powerball lottery was like Lotro, nobody would win for 2 years, and then everyone in Nebraska would win on the same day.
And then Nebraska would get nerfed.-pinkwood lotro fourms
AMD 4800 2.4ghz-3GB RAM 533mhz-EVGA 9500GT 512mb-320gb HD
After the house hase been repo'd, under the stars, in the nude.......
omg you too? My house is next to mcdonalds, so my daily food intake is just the fumes of lard that comes out of the building.
Playing: EVE Online
Favorite MMOs: WoW, SWG Pre-cu, Lineage 2, UO, EQ, EVE online
Looking forward to: Archeage, Kingdom Under Fire 2
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america is war driven economy, so if there is no war, your economy will sank. however, US recession is eneviatable result of a capitalist state, it will cease to grow and fall.
Oh please. The international recession-depression is largely to blame on the banks and the respective government failure to see a ponzi scheme. PERIOD.
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Sadly, I see storm clouds on the horizon. A faint stench of Vanguard is in the air.-Kien
http://www.penny-arcade.com/comic/2006/12/13/