Hope, Change, BULL*&^%

[XFBO]

Here in NJ, republicans are hoping to see the light at the end of the tunnel from Chris Christie who'll be running for Governor.

God willing, there wont be any skeletons in his closet, many think he's gonna give Corzine a serious run for 'his' money.

If Chris pulls this off and runs the Governors office the way he ran the AG's office, then Id say the GOP has a serious candidate for President within the next 10 yrs.

[Gog]

Originally Posted by XFBO

See that's the problem with you, you think it's 'for' Iraq.

Pu-lease dont say the money was for "other" things.

All the money in the world wont do this country any good if we dont learn to do what's needed to protect it from those who wish us harm. Period.

By that logic, you want your leaders to spend "all the money in the world" to fight your fears. That is EXACTLY what has sunk your economy!!! People want to hurt you because of what your kind of leader does to them. The true, violent lunatic is a problem and must be dealt with by police action.. not a crusade. Obscure, hidden foreign policy decisions that make the filthy rich richer through exploitation, genocide, subversion and robbery. You dismissing that is exactly what your type of leader wants... and needs.

I’m not here to say that the government is always right, but when the government tells you to do something, I’m sure you would all agree that I think you all recognize that is something you need to do.
— Sen. Kit Bond (R-Missouri)

[DesperateSP2]

I think I may have not explained myself well.
I am not supporting "more" welfare and I am a foremost opposer of progressive taxation.
I have just posted the Swedish example to show that even one of the most welfare addicted country in the whole world had to wake up and face the reality. More countries will have to take this step if they do not wish to go bankrupt. Party's over and we cannot afford to be overgenerous anymore.
President Obama is going in the opposite direction: he's already thrown hundreds of billions you do not have out of the window to feed a crowd that's already clamoring for more. Even if he's not raised taxes directly you and your sons and daughters will have to fork the bill, either through classical inflation or through debt, assuming Japanese and Chinese banks will still be willing to purchase US treasury bonds in the future.
The Japanese government tried this trick of reviving the economy by spending and it didn't work. They've been spending like there's not tomorrow ever since 1990 and what do they have to show? Cathedrals in the desert and largest debt of the world, 180% of their GDP. After nineteen years even some of their politicians are beginning to question the soundness of their politics and the necessity of a further increase in debt.
And another thing. Large salaries paid to inept and corrupt corporatists are not the problem, they just stem from the criminal economical politics every single country in the world has been enganged into for the past decades.
Get back to sound money, limited government and financial responsability and there won't be a need for salary caps.

[RockyMt]

Excellent post 'burns, some interesting points. Why don't the feds buy ALL the "toxic" mortages thereby freeing up the banks to do what they're supposed to, and then the ones that have any chance of being salvaged are re-written to the current value at a fixed LOW rate, and have provisions written in to punish "flip" sales on these OWNER OCCUPIED properties to keep people in their homes, spending $ in their communities, and having a stake in the outcome. You hear too many stories of people who have (or had) real equity to lose (not those zero down WAAAAY over their head buyers) on their homes, the property has lost 40% of it's value in 2 years, they are throwing $ into a home they will e upside down on for at least 5 years (if things go really well.....) What's to keep 'em from not paying a mortage payment for a year or so, till they get kicked out. Not making a $4,000 a month payment for a year = $48,000 saved, rent for another yar or so and reguardless of having a short sale of forclosure on their record, with 20-25% cash down and a job ANY bank is gona sell them the same house they had, for 1/2 the original mortage payment. That is exactly why a lot of people are "losing" their homes, it'a a calculated strategic move. Screw the banks, they will not re-negotiate with current owners, so instead they drag out a costly (to them) legal forclosure, get back a piece of property which often needs major work to be saleable, and then auctions it off a year later for less than the original buyer wanted to re-write for. (let alone the legal costs and freezing assets) the banks should be forced to roll these loans over to the fed as a condition of accepting any bail out funding. For lest we forget, it's the banks (and Wall St) gaming the market with impunity (thanks to a lax fed oversite) that got us here in the first place, that and lots of people knowing it was "too good to last" drinking the cool aid anyway.

-Rocky-