Responsible bail out

iVillage Member
Registered: 08-13-2008
Responsible bail out
272
Wed, 11-19-2008 - 9:05pm

I am for the bail out. I've supported the overall idea since it was first proposed. What is distressing is how we are apparently totally bungling the power granted to this administration.


My bad. I should have known they could not even get this right.


On the way home tonight, NPR's Marketplace ran a story on how executives are being paid bonuses, and that companies are paying dividends - out of this funding. Few are doing anything remotely close to lending.


Barney Frank was right to be outraged at the lack of assistance for homeowners, and the continued reluctance of the administration to assist homeowners.


And today comes word of deflation, a huge, huge red flag that screams the 'd' word. Folks, we are on the cusp of 1930, and our leaders, given latitude they did not have in 1930, are f'ing it up.


I am no expert on this, but the way they explained this tonight, deflation can spiral downward, last occuring way back in the 1930s.


There is 450 billion left. How do we use this intelligently? First thing that has to happen is mandate no bonuses and no dividends to any company receiving funds. Mandate they must lend, and we will gurantee mortgages they renegotiate to better terms for the homeowner, allowing them to stay, with a certain acceptable parameters. Set quotas on how many mortgages they must underwrite a day, how many auto loans, etc. Publicise acceptability criteria, so people know before going in whether they qualify.


If there are one too many automakers in Detroit, don't close one, set it to a different task - any ideas out there on how we could divert them to something that helps us face other issues? America has to build things again... what can we get them to build? Financing isn't the problem, the money will be there - any ideas?

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Full length fiction: worlds undone

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iVillage Member
Registered: 11-22-2008
Tue, 12-02-2008 - 12:47am

"Where do Canada, the UK, France, and half of Europe fit into this world vision?"


IMO, about

iVillage Member
Registered: 11-22-2008
Tue, 12-02-2008 - 1:27am

"I guess it is all relative"


and



"It is claimed as a standard means of measuring human development — a concept that, according to the United Nations Development Program (UNDP), refers to the process of widening the options of persons, giving them greater opportunities for education, health care, income, employment, etc."


iVillage Member
Registered: 11-19-2008
Tue, 12-02-2008 - 4:37am

>>> Look, this board seems to be okay with you going off about Hitler, so keep going for it.

If the similarities are as ridiculous as you claim, then it should be quite easy to publicly refute them. The fact that you can't seems to blow your arguments right out of the water and add veracity to the Hitler-esque similarities.

>>> As for your comment about my integrity, I will not return the insult in kind.

It's now insulting to assert that it takes "integrity" to back up an argument? LOL! My. oh. my...this really is the Age of the Obamessiah.

>>> The remark is about as revealing as the fact that you spend an inordinate amount of time "not" comparing Obama to Hitler a la Fox "not" News ;)

What's revealing is that you cannot refute the arguments delineating a similarity between the two...and revealing to everyone.

iVillage Member
Registered: 08-13-2008
Tue, 12-02-2008 - 6:55am

I have already explained countless times. If management could just replace workers, they would not talk with them, and the law is designed to facilitate discussion. You would see far harsher confrontations if the law was removed, not to mention lock outs, etc.


In any case, it is a moot point, it is law, and it is probably likely to be strengthened, not removed.

Full length fiction: http://llhaesa.org/ (pronounced la.hay.ess.sa)



Full length fiction: worlds undone

"You have no power over my body..." ~ Anne Hutchinson

iVillage Member
Registered: 08-20-2008
Tue, 12-02-2008 - 7:44am

"The fact that you can't seems to blow your arguments right out of the water and add veracity to the Hitler-esque similarities."

Can you please explain the "similarities" between President-elect Obama and Hitler again? Seems to me that these "similarities" could just as well be applied to many other politicians, yet you seem to have Obama in your sights.

iVillage Member
Registered: 09-08-2006
Tue, 12-02-2008 - 9:34am



"Where do Canada, the UK, France, and half of Europe fit into this world vision?"


<

 

iVillage Member
Registered: 11-22-2008
Tue, 12-02-2008 - 2:59pm

"I have already explained countless times. If management could just replace workers, they would not talk with them, and the law is designed to facilitate discussion."


Yes, zero is a countless number.

iVillage Member
Registered: 11-19-2008
Tue, 12-02-2008 - 6:01pm

>>> Can you please explain the "similarities" between President-elect Obama and Hitler again?

Links have been provided previously. I'm sure it's something that easily googled if you sincerely wish to examine them and/or refute them.

>>> Seems to me that these "similarities" could just as well be applied to many other politicians,

No, I don't believe that's true. The rise of Obama has been fairly unique in modern history, as has the blind adulation he has received by many of his followers.

>>> yet you seem to have Obama in your sights

Under my microscope would be more like it. You've elected the most liberal, inexperienced President ever to sit in the Oval, at a time of great international danger...you can be sure many of us on the right will be watching very, very closely.

iVillage Member
Registered: 08-13-2008
Tue, 12-02-2008 - 6:30pm

I am a government worker; it is illegal for state workers here to strike.


There is an inherent power imbalance between one worker and a powerful employer. Unions band the workers together to give them strength better able to represent their collective interests, and the law is designed to force management to talk, not dump workers when they stick up for themselves.


The concept makes sense overall, at least to someone who views this from a moderate position.

Full length fiction: http://llhaesa.org/ (pronounced la.hay.ess.sa)



Full length fiction: worlds undone

"You have no power over my body..." ~ Anne Hutchinson

iVillage Member
Registered: 11-22-2008
Tue, 12-02-2008 - 6:53pm
"I am a government worker; it is illegal for state workers here to strike.

There is an inherent power imbalance between one worker and a powerful employer. Unions band the workers together to give them strength better able to represent their collective interests, and the law is designed to force management to talk, not dump workers when they stick up for themselves.


The concept makes sense overall, at least to someone who views this from a moderate position."


Again, still no answer as to why unions 'need' the power to shut down portions of government to put them on an 'equal footing' with their parent companies....


"The concept makes sense overall, at least to someone who views this from a moderate position."


Oh, I guess that's why I can't get an answer.


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