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Thread: US to make profit from bailouts

  1. #41
    Death2Globalists Matt Foley's Avatar
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    Re: US to make profit from bailouts

    Quote Originally Posted by AClockworkGrape View Post
    I don't want to put words in OC's mouth, but I really, really think he wasn't making such an argument.
    well really really look again.

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    Re: US to make profit from bailouts

    Quote Originally Posted by Matt Foley View Post
    No, libbos just say whites are racists and that shuts them up.
    True dat........
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  3. #43
    Professor

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    Re: US to make profit from bailouts

    Quote Originally Posted by apdst View Post
    It was the government that ran us into the recession, not the banks.
    YES! Exactly, by doing what the banks wanted the government to do.

  4. #44
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    Re: US to make profit from bailouts

    Quote Originally Posted by apdst View Post
    Right. And, government fiddling with the financial market is what caused the recession.
    If you know anything about the great recession, you know that is simply not true.
    A man without fear is a fool, a man that succumbs to his fear is a coward and a brave man acknowledges fear yet presses on.
    http://soulinblackandwhite.blogspot.com/

  5. #45
    I'm not-low all the time
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    Re: US to make profit from bailouts

    Quote Originally Posted by apdst View Post
    Right. And, government fiddling with the financial market is what caused the recession.
    Utter nonsense.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  6. #46
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    Re: US to make profit from bailouts

    Quote Originally Posted by OhIsee.Then View Post
    So, if you were employed by a company that would have failed if it were not for the bail outs of other companies you should loose your job to stay moral. Please explain your priorities. And explain why the government doesn't have the authority and have that also cover actions that supported WWII.
    If I were in charge I would accept the money if offered.

    That is because I have self-interest.

    But offering the money is not moral. Government is the bully that punishes some self-interest while rewarding self-interest.

    It is your responsibility to show where the government has authority.

    Quote Originally Posted by Chiefgator View Post
    The issue has nothing to do with 'morality'. It has to do with the thousands of middle class workers that would have been out of work. This country runs on the middle class. Without their spending, the entire economy shuts down. The middle class has slowed down consumption and our economy is struggling. Can you imagine how much worse it would have been with a couple hundred thousand more unemployed?

    Now, if you want to talk about penalties for the executives that caused the crisis..... That is for a different thread, but I would be very supportive of that!
    Bad business practices must be punished. If they go unpunished they continue. If you forgive some areas while do not do the same in others, there is a moral crisis.

    Indeed the economy would have suffered had the auto companies failed. But the jobs would not have been lost forever.

    Quote Originally Posted by Matt Foley View Post
    Auto industry wouldn't need bailouts if there were tariffs in place.

    2 billion whole dollars in like 5 years. WOW, amazing. The US government would be making that type of "profit" every day if there were tariffs in place.
    That is industry favoritism. Free trade benefits everybody wile tariffs benefit a few.
    "I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money." -Thomas Sowell

  7. #47
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    Re: US to make profit from bailouts

    Quote Originally Posted by apdst View Post
    Right. And, government fiddling with the financial market is what caused the recession.
    They are so connected it is hard to tell them apart.
    "I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money." -Thomas Sowell

  8. #48
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    Re: US to make profit from bailouts

    Quote Originally Posted by Matt Foley View Post
    "Americans are overpayed"

    "American industry produces crap."

    You forgot the "Americans are uneducated and lazy" part. Now say something about Unions and the edumucation system.
    I see you are continuing with the trolling tactics. You are allowed to make your own arguments, you are not allowed to mischaracterize mine. That is not what I posted. Maybe its what you believe, its not what I believe.

  9. #49
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    Re: US to make profit from bailouts

    Moderator's Warning:
    US to make profit from bailouts Gentlemen.... let's everybody have a tall frosty mug of Chill the **** Out before posting further, mmmkay?

    Fiddling While Rome Burns
    ISIS: Carthago Delenda Est
    "I used to roll the dice; see the fear in my enemies' eyes... listen as the crowd would sing, 'now the old king is dead, Long Live the King.'.."

  10. #50
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    Re: US to make profit from bailouts

    Quote Originally Posted by Goshin View Post
    Moderator's Warning:
    US to make profit from bailouts Gentlemen.... let's everybody have a tall frosty mug of Chill the **** Out before posting further, mmmkay?

    Quote Originally Posted by Bigfoot 88 View Post
    Moderator's Warning:
    US to make profit from bailouts No cursing by mods!
    Lets play by the same rules!
    "I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money." -Thomas Sowell

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