How's your hope & change?

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thidwick15		#61	[-]
Posts: 5262 06/18/2009 11:08 PM This Space For Rent	So now you are a conspiracy theorist as well? Interesting, maybe you and Mike Moore should make a movie. Relax for a Delicate Few. --- Joe
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donnyright		#62	[-]
Posts: 6400 06/18/2009 11:30 PM Brother Righteous	If you state facts, it's not a conspiracy theory dipshit. You don't understand how this works dipshit? Under normal circumstances, companies that can't remain in busness go into bankruptcy and secured lenders (creditors) are first in line for repayment. Under the obama way of doing things, he takes ownership via bailouts....then gives unsecured creditors (unions) majority of the ownership of the company while givng secured lenders next to nothing. Why don't you read a paper every once in awhile dipshit. Donny "T-bone" Righteous
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thidwick15		#63	[-]
Posts: 5264 06/19/2009 12:25 AM This Space For Rent	You don't read, don't lie, you just watch Fox and call it a day. Relax for a Delicate Few. --- Joe
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donnyright		#64	[-]
Posts: 6402 06/19/2009 12:27 AM Brother Righteous	dadahdah.....i'm twigdick....i wear running shorts. dahdahdah..what's teh news Donny "T-bone" Righteous
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shOARtatry		#65	[-]
Posts: 8087 06/19/2009 9:59 AM Bad Mamma Jamma	did you just learn the word "dipshit"? cuz i'm not sure i've seen it used so many times in so few sentences. -Chris- AIM- swannylax14 shoartatry@oarfans.com
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ch3d		#66	[-]
Posts: 2731 06/19/2009 6:07 PM	Bailout Costs vs Big Historical Events It is exceedingly difficult to convey exactly how much we are spending on all these bailouts. Whenever I start talking trillions (versus mere billions), I get puzzled looks from people. Humans have a hard time conceptualizing any number that large. I wanted a graphic way to clearly show how astonishingly ginormous the amounts involved were. So I once again went to Jess Bachman at Wallstats. I gave him my list of expenditures (inflation adjusted of course!) and he went to work. This early Bailout Nation graphic shows the the total costs to the taxpayer of all the monies spent, lent, consumed, borrowed, printed, guaranteed, assumed or otherwise committed. It is nothing short of astonishing. It includes the total outlay for all the bailouts to date. In just about one short year (March 2008 - March 2009), the bailouts managed to spend far in excess of nearly every major one time expenditure of the USA, including WW1&2 (omitted from graphic), the moon shot, the New Deal, total NASA budgets (omitted from graphic), Iraq, Viet Nam and Korean wars - COMBINED. 206 years versus 12 months. Total cost: ~$15 trillion and counting . . . Link
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donnyright		#67	[-]
Posts: 6404 06/19/2009 8:39 PM Brother Righteous	A lot of people that bush caused all the deficits that obama inherited. Bush can't spend a dollar without congress' approval. And the dems have controlled congress since 2006. So you can thank them for the HUGE budget deficits for the last 3 years. Obama likes to blame the economy for his spending, but he'd be doing it anyways. Obama is funny cause he says he welcomes debate on things...but you realize that he only likes discussion if it's around his idea. That's why its comical when he said he wanted to work together on the stimulus. Any mention of tax cuts were immediately thrown out. hahaha. have a nice few years in office obama. Donny "T-bone" Righteous
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