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Economic Rant

Posted: November 18th, 2008, 8:15 pm
by mtmynd
So Detroit may belly-up if it doesn't get billions of dollars to prop up it's business... the majority of it's losses supposedly due to medical payments for it's hundreds of thousands of employees and ex-employees.

The mortgage crisis is still in terrible condition despite the infusion of our monies into the banks and mortgage companies holding on to the nearly useless mortgages. If these companites are offering to sell these mortgages to the anyone for cheap, cheap, cheap... why not get the cheapest price and pay them off for the American public?

Answers?

1) Not free government health care but truly affordable health care to all who are without and for those that owe health care costs into the hundreds of thousands of dollars. This truly is totally unreasonable and the expenses must be questioned at every level from the pharmaceutical companies, the medical equipment providers, the CEO on down on the hospital boards... everyone involved must be reviewed as to the expenses involved to cost the recipient these outlandish costs that can and do occur daily in our country without any hope of paying off these bills. Why charge them when they will never be paid off?

2) This health care expense that the auto manufacturers have been burdened with would be lifted off their shoulders. Then they might be able to see a future that is entirely necessary - fuel efficiency, well-built, the reality of electric cars... the field is large and should not be left to the decisions of old and worn out heads of auto companies that have brought down their industry. This may have to bring about a consolidation of forces.. so be it if it will save an important industry this country actually needs.

Pouring money into companies without any provisions leaves the option of outright theft totally plausible and quite frankly something that might be going on without we, the people, knowing a damn thing about it.

Transparency of our government and our monies (if there is anything actually there?) should be paramount. Any American should have access to why, what, when, where, who and how the money is being allocated. No excuses, no conditions. This would put those in charge of our money to be more cautious in what they spend the monies on.

Yes, these may well be radical alternatives to our great problems that many economists have reasoned to last for a very long time with money getting harder and harder to get. If everyone's mortgages were paid off, this would allow so many people to rest at ease with one less burden during these difficult times... just think about it - whatever extra money that would give American's with these mortgages of thievery, would go towards improving their lives rather than sucking the life out of their families and loved ones. Add to that a far less expensive health care for those without and those that barely pay for their insurance without assurance and you'll have a joyous and productive society that will be eager to see our country grow into the necessary 'green over greed' economy that all need.

Is all this too expensive? What have we already spent or giving serious thought to investing in without any guarantee that the possible trillions of dollars will do anything but make the same select few wealthier while we the people continue paying their salaries? If we had the will to attempt something this radical with everyday Americans, I see that it would vastly improve not only our economic doldrums but would allow the government to collect taxes as they did during our 'flush times'. What is there to lose?

[enough]

Posted: November 19th, 2008, 2:09 am
by stilltrucking
If we had the will to attempt something this radical with everyday Americans, I see that it would vastly improve not only our economic doldrums but would allow the government to collect taxes as they did during our 'flush times'. What is there to lose?
Yes, we need to go for it, I don't think the people like Paulson who got us into this are the ones we should be listening to now.

cut and paste first and last paragraph
Enough Lincoln. More FDR. This is my shorthand advice to BarackObama, who in several interviews has talked about how he wants to emulate Abraham Lincoln. He said that along with the Bible, the other book he would take with him to a desert island is Doris Kearns Goodwin's "Team of Rivals." It's a useful book -- but not if that desert island has high unemployment, a housing crisis, a frozen financial system and no consumer confidence. In that case, a book about Franklin D. Roosevelt would do better.

The solution is out there ... somewhere. But it will take time and trial to find it. Obama knows this. It was one of the things he mentioned on "60 Minutes." But what he might not appreciate is that among his many gifts, the one that might matter most is how close he can come to Rooseveltian enthusiasm, that optimism, that capacity for empathy that made so many ordinary people love this rich man and stick with him. Lincoln, a sometimes melancholy and somber man, belongs, as Edwin M. Stanton said, "to the ages." Roosevelt belongs to ours.

Obama Should Look to FDR Not Lincoln

Posted: March 8th, 2009, 6:42 pm
by e_dog
Lets let Detroit fail.

Cars are the EVil!

End to auto combustion.

Say NO to drugs fer automobilism.

Posted: March 9th, 2009, 12:40 am
by hester_prynne
Government has failed and is dying a slow death right now, taking whatever it can with it, until it finally melts away entirely down to shoes.
Which of course we will then have to put on, and forage a new path.
Hopefully a much better, fairer, and more insightful one.
H 8)

Posted: March 9th, 2009, 12:30 pm
by mtmynd
... until it finally melts away entirely down to shoes.
what a visual, Hes... cool.