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Thread: U.S. Jobless Rate Unexpectedly Declines to 8.6%

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Sheik Yerbuti View Post
    Hisses the poster who thought I called Clinton a Conservative when I never did. Talk about an acute lack of self-awareness.




    Calling it a compromise may be a fair term, that still doesn't make it Liberal policy.

    The policy was drafted by Conservatives. The policy was sponsored in both the House and Senate by Conservatives. The worst you can say about Clinton on this is that he approved the policy -- but the policy was still Conservative policy.

    Saying otherwise would be like fallaciously calling welfare reform, 'Liberal policy,' because even though that was also drafted and sponsored by Conservatives in Congress, that policy was also signed into law by Clinton. That doesn't make it Liberal policy.
    The bill was drafted by Republicans, not necessarily Conservatives.

    Calling all Republicans Conservative' is like calling all Democrats fiscally irresponsible and economically illiterate.

    That does not mean that all Republicans are Conservative or all Democrats are incompetent to handle public monies, only that their tendencies move in those directions.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by AdamT View Post
    First off, GM reorganizing without government assistance was not an option. The downside to losing GM and Chrysler would have been the loss of over a million jobs, directly and indirectly, a huge shock to the economy at the depths of the recession, and serious blowback that could very well have taken Ford down and had negative effects on all U.S. car and truck manufacturing.
    How would that result in the loss of a million jobs? Would people stop buying cars, or car parts?

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Grant View Post
    How would that result in the loss of a million jobs? Would people stop buying cars, or car parts?

    It wouldn't. The likely result would have been a bankruptcy restructure that would have hurt, but in the end would have made the company more healthy, rather than government owned.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by j-mac View Post
    It wouldn't. The likely result would have been a bankruptcy restructure that would have hurt, but in the end would have made the company more healthy, rather than government owned.


    j-mac
    Exactly. And people would just start buying other cars and more jobs would be created elsewhere.

    The United States survived quite well with the collapse of Packard, Studebaker, the Dusseldorf, etc. and to have bailed out these companies would have been heresy. A more fiscally sophisticated people realized then that government had no business bailing out private enterprises, that the nation will go on without them.

    Government should not be involved in a marketplace that was designed to be competitive in producing the best product to the market.

    That one recently elected man with no business experience whatsoever can make the decision to buy and sell a large American company and fire its leadership is the greatest precedent of crony capitalism in US history. Now that the stage has been set, and many are actually going along with this new idea, it is unlikely to stop until the house of cards collapses or new laws are passed to prevent this dangerous mix.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by AdamT View Post
    Actually taxpayers now own about 25% of GM, not one third.
    Things change as the government sells our shares at a loss. It is not surprising.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Misterveritis View Post
    Things change as the government sells our shares at a loss. It is not surprising.

    Amazing. Corzine may spend time in jail for subordinating investors funds, and should, yet, Obama does this type of ****, and is hailed.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Misterveritis View Post
    Things change as the government sells our shares at a loss. It is not surprising.
    Obama supporters don't understand that it is taxpayer money that is being lost and it is billions!! Maybe those that don't have any problem with losing money are part of the 47% that don't pay any FIT?

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Conservative View Post
    I could tell you but you have no interest in hearing the answers
    Sounds more like you acknowledge that you have no answers, nor does the Republican Party.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by DaveFagan View Post
    Sounds more like you acknowledge that you have no answers, nor does the Republican Party.
    You obviously haven't been paying any attention nor do you really care what I or anyone else has to say. I have posted the answers on various threads throughout this forum only to be attacked which of course I can handle but the leftwing ideologues don't want to hear anything that flies in the face of their ideology. It is imperative that we reject the class warfare rhetoric and demonization of individual wealth creation. Any conservative would do that and any conservative leader wouldn't be implementing things like Obamacare and attacks on the right to work states. You won't find any conservative demonizing the private sector and individuals creating more personal wealth. You won't see any conservative bailing out private sector companies just to save unions. You won't find any conservative demonizing personal responsibility and expanding the nanny state concept. You won't find any community organizers in the WH but instead individuals with real leadership skills.

    The following will give you some idea of real leadership and what any conservative will bring to the WH

    Reagan v. Obama from iOwnTheWorld.com - YouTube

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Grant View Post
    The bill was drafted by Republicans, not necessarily Conservatives.

    Calling all Republicans Conservative' is like calling all Democrats fiscally irresponsible and economically illiterate.

    That does not mean that all Republicans are Conservative or all Democrats are incompetent to handle public monies, only that their tendencies move in those directions.
    Your strawman aside, I never said "all Republicans are Conservative". I was only talking about Gramm, Leach, and Bliley. They are Conservative as was the Gramm-Leach-Bliley act which was based on some of the main tenets of Conservatism -- smaller government and less regulation.
    Last edited by Sheik Yerbuti; 12-12-11 at 11:31 AM.

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