Rock....have something on your mind....
What has OBama really done in 100 days? Besides the bailouts?
Boy Howdy!!!!!!
From PJJJJJ"S post back on page 1 to now...What does any of that have to do with the title of "Your Dashboard Obama"???????
Talk about attacking a poster...Gezzz!
Aren't the bailouts enough? Why should the American taxpayer bail out businesses that are failing because of a faulty business model and incompetent management? Why should the govt. get involved in the management of a private enterprise the size of GM? If these bailouts aren't enough, he's proposing to accumulate a deficit that amounts to more than those of all the other presidents and administrations of our country combined. Even the most elementary student of econimics knows that you can't run up a tab like that with borrowed money. The tax burden on our future generations will be enormous, and the resulting inflation rate from all this printed money could be as stifling as the misery index of the Carter years. This is bad economic policy and most everyone knows it. However, with the Dems in control of congress there seems to be nothing the Republicans can do to stop it. It's amazing to see how little complaining about the proposed deficits there is in the media right now, compared to the past howling about the Bush deficits that were a fraction of Obama's proposals. We're looking at a short term solution to a major problem that will have long term adverse ramifications.
Aren't the bailouts enough? Why should the American taxpayer bail out businesses that are failing because of a faulty business model and incompetent management? Why should the govt. get involved in the management of a private enterprise the size of GM? If these bailouts aren't enough, he's proposing to accumulate a deficit that amounts to more than those of all the other presidents and administrations of our country combined. Even the most elementary student of econimics knows that you can't run up a tab like that with borrowed money. The tax burden on our future generations will be enormous, and the resulting inflation rate from all this printed money could be as stifling as the misery index of the Carter years. This is bad economic policy and most everyone knows it. However, with the Dems in control of congress there seems to be nothing the Republicans can do to stop it. It's amazing to see how little complaining about the proposed deficits there is in the media right now, compared to the past howling about the Bush deficits that were a fraction of Obama's proposals. We're looking at a short term solution to a major problem that will have long term adverse ramifications.
I actually agree with the Pilgrim on this one. Alot of you scream about Obama being a socialist. I don't agree with that premis most of the time, but it is definitely the case on this one. If he gives GM money and then begins to dictate who can run the company, well, I don't what you call that, but it is not what we do in a free market. I personally feel this is being done to appease the UAW who supported him strongly in the campaign.