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Monday, February 16, 2009

You All Deserve What You're Gonna Get...

If the people let this stand... well, then they deserve exactly what they're going to get.

12 comments:

evilrocks said...

This is why I love you, Financial Ninja.

rucketi said...

That's an Ohio congressman.

Anonymous said...

One commenter on the Naked Capitalism blog asked why the banks, as businesses, weren't required to restate their earnings.

My recollection is that Alan Greenspan recommended to anyone who has lost a job to offshoring to retrain in health sciences: registered nurse, xray tech, respiratory tech, dentist, physical therapist, etc., but he didn't mention how long it takes or how to pay for it (probably figuring credit cards would be used).

It's amazing that Greenspan hasn't suggested health sciences retraining to all bankers from CEOs on down.

Ron Paul said...

Where's Boehner been the past 8 years? Freakin' hypocrite.

AKA_CES said...

Exactly -- after the past 8 years, Republicans have zero credibility on fiscal restraint.

And those poking holes in New Deal works projects forget that WWII was the biggest public works project of all-time, and it exited the U.S. from the Depression, w/ US gov debt at 120% of GDP, vs. 40% now. The lesson is the need for a much bigger stimulus? The difference now is the added future liabilities of Medicare, Medicaid, Social Security, ... How significant is that difference ? Isn't that the question ?

darkcloud said...

Ninja, you are one cool badass. Thanks for your writes.

Instead of touchy feely, reach across the aisle, kumbaya bullsh*t, the Democrats need to be pit bulls like the Republicans and give as good as they get.

Let's not forget: the "Contract with America" and 12 years of Republican congress ('95-'06) ended up to be the raping of America.

And don't blame Clinton: when he was presented with bills where his vetoes would have been overridden by Republican-stronghold congresses, his only choice was to sign them.

Democrats should fight fire with fire. The opposite of what got us here is how we get out. So far though, the Dems are looking pretty weak with our "hope and change".

Anonymous said...

Agree Boehner you're a joke. You had no problem rubber stamping the Bush budget deficits. Grow a spine

TheCynicalEconomist said...

Dang! Too bad you are not living in the United states of America. When all those money pour out of the treasuries vaults, we are going to have one big hyperinflation party!!! You know burning and lightning cigars with $100 dollar bills, wiping our b--s with $10s and $20s...
All without you. Cmmmooooonnn
Come and celebrate with us, ninja.
Come and drink with us a hyper inflated budviser,,,here in the USA

fajensen said...


It's amazing that Greenspan hasn't suggested health sciences retraining to all bankers from CEOs on down.


So instead of killing banks, businesses and the economy they will be killing patients?? Well - thats one way of getting rid of the Social Security overcommitment.

I.M.O.: Those guys cannot be trusted to poke a stick in a turd without breaking both ^_^

Victor Berry said...

What does Boehner and the Republicans want? Another three-page Paulson plan? Hell, they probably didn't read that one either!

Robert E. said...

What's amazing about all this concern about the financial collapse is that all the deal makers, politicians and so called financial experts never ask the simple question, What is Money? something Ron Paul and Ralph Nader, among others, routinely answer with eloquence and true knowledge, something no one else in power or who is heavily invested seems not to articulate because if they did, the cat would be out of the bag in showing the monetary system to be the biggest scam in history. I totally agree with Paul about abolishing the Fed, the one bank that should be nationalized and taken over by the government because if this is not done, we are totally screwed.

Jefferson was right and we are paying the price for ignoring his advice.

'nuff said.

Jerry Gene said...

I really like your writing style. Nice Post keep it up.

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