Cynthia Tucker writes Dumbest Article Ever

#76
#76
droski said:
remind me the last time obama violated 150 years of bankruptcy law to help out a corporation. thanks much.
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That's a compelling argument from a legal scholar such as yourself. You should bring this to someone's attention. Nah there wouldn't be a single lawyer in the country who would be want to take on a case against this administration.:lol:
 
#77
#77
VolsNSkinsFan said:
yep unions are awesome, my guess is you havent watched any news today.

France is making you look stupid
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Yeah France and every other country with unions is in utter collapse life expectancy at 48, happiness index in the depths, and failed states. The United States in the 40's -70's were such a disastrous place too.
 
#78
#78
Ed12111 said:
That's a compelling argument from a legal scholar such as yourself. You should bring this to someone's attention. Nah there wouldn't be a single lawyer in the country who would be want to take on a case against this administration.:lol:
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ummm they tried to sue and obama threatened them with severe gov't regulation, vilifying them in the media, and tax audits. clearly you don't realize how much of a douchebag your saint socialist is.
 
#79
#79
Unions are definitely much smaller in scope than in previous decades. Problem comes when this little minority has a party and President in power who holds likeminded ideas. It's amazing what a 'friendly' President can do for legislation passing on his desk. Carving out little exemptions in laws such as healthcare is an amazing feat.
 
#81
#81
droski said:
ummm they tried to sue and obama threatened them with severe gov't regulation, vilifying them in the media, and tax audits. clearly you don't realize how much of a douchebag your saint socialist is.
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Lol. They negotiated with Obama they wouldn't exist if they weren't taken over. Where do you come up with this stuff? You should read newspapers or something you're ideas are so fantastical they could only come from some dark corner of the internet.
 
#82
#82
Ed12111 said:
Lol. They negotiated with Obama they wouldn't exist if they weren't taken over. Where do you come up with this stuff? You should read newspapers or something you're ideas are so fantastical they could only come from some dark corner of the internet.
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ummm how would the bondholders not exist if gm wasn't taken over? or is your stupid argument that gm wouldnt' have existed if it went bankrupt? just like united stopped existing after bankruptcy right?
 
#83
#83
#84
#84
droski said:
ummm how would the bondholders not exist if gm wasn't taken over? or is your stupid argument that gm wouldnt' have existed if it went bankrupt? just like united stopped existing after bankruptcy right?
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Uhh yes actually. The company wouldn't exist as a financial entity anymore, it would continue to exist as is in name only. You realize just because a company's name is the same after a bankruptcy the institution is fundamentally different.
 
#85
#85
Ed12111 said:
You're point doesn't really prove much of anything. Newsflash the whole world is in a pretty big recession(surely the unions fault) you can find bad economic news all over. A union should be as financially transparent as the corporation. Where you draw the line for both sides is up for debate.
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So you are cool with a country being held hostage by unions? Because I am not

Unions are essentially a ponzi scheme, and your boy and his cronies are against Union Financial Transparency BTW
 
#86
#86
CSpindizzy said:
Unions are definitely much smaller in scope than in previous decades. Problem comes when this little minority has a party and President in power who holds likeminded ideas. It's amazing what a 'friendly' President can do for legislation passing on his desk. Carving out little exemptions in laws such as healthcare is an amazing feat.
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Apparently like-minded ideas means the right to exist. This really shouldn't be a problem. Of course I'm sure many of you were just as concerned when a political party and president were in control who shared like-minded ideas with the other side if the coin.
 
#87
#87
Ed12111 said:
Uhh yes actually. The company wouldn't exist as a financial entity anymore, it would continue to exist as is in name only. You realize just because a company's name is the same after a bankruptcy the institution is fundamentally different.
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you are right. the unions would have been broken and the taxpayers wouldn't have shelled out $100 bil. horrible difference.
 
#88
#88
VolsNSkinsFan said:
So you are cool with a country being held hostage by unions? Because I am not

Unions are essentially a ponzi scheme, and your boy and his cronies are against Union Financial Transparency BTW
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They're against unions being more financially transparent than the other side of the bargaining table seems fair. And they're being held hostage? Who do you think the unions are? They're the citizens of the country, so in your mind they're holding themselves hostage. The people in France seem happy enough with their unions. After all, they retire younger and work 5 hours less a week
 
#89
#89
droski said:
you are right. the unions would have been broken and the taxpayers wouldn't have shelled out $100 bil. horrible difference.
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Millions of people would be jobless, America's economy would have spiraled even further into the depths, and America would have lost power in one of the last industries where we actually produce something. But yeah the unions and rabble rabble rabble.
 
#90
#90
Ed12111 said:
Millions of people would be jobless, America's economy would have spiraled even further into the depths, and America would have lost power in one of the last industries where we actually produce something. But yeah the unions and rabble rabble rabble.
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why would millions of people have been jobless? did millions of people lose thier jobs when united went bankrupt?
 
#91
#91
droski said:
why would millions of people have been jobless? did millions of people lose thier jobs when united went bankrupt?
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You seem very hung up on United. United is in no way similar to GM or Chrysler in any way. And yes tons of people would be jobless they couldn't afford to pay their workers, thus the evil gubbmint's loan. Do you really think the government should give a giant loan to a corporation and keep on the same morons who got them into the mess, or the government should let monstrous corporations collapse and bring the economy down with it. Those both seem like huge prices to pay,so you can hold onto your naive belief in the effiency of a completely free market.
 
#93
#93
Ed12111 said:
They're against unions being more financially transparent than the other side of the bargaining table seems fair. And they're being held hostage? Who do you think the unions are? They're the citizens of the country, so in your mind they're holding themselves hostage. The people in France seem happy enough with their unions. After all, they retire younger and work 5 hours less a week
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Yea, they should be so happy with the tires burning in the streets, gas outages, tractor trailers parked on interstates, and airports shut down.
 
#94
#94
Ed12111 said:
You seem very hung up on United. United is in no way similar to GM or Chrysler in any way. And yes tons of people would be jobless they couldn't afford to pay their workers, thus the evil gubbmint's loan. Do you really think the government should give a giant loan to a corporation and keep on the same morons who got them into the mess, or the government should let monstrous corporations collapse and bring the economy down with it. Those both seem like huge prices to pay,so you can hold onto your naive belief in the effiency of a completely free market.
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how is it different? do you understand at all how a reorganization works? in no way does GM going bankrupt mean that the economy goes down the crapper. The gm brand is still worth something, the dealerships are worth something, and the plants are worth something. It would make zero sense to destroy all that and shut gm down. The only difference is the unions would have been broken and therefore their cost of production actually might be competitive with toyota and honda.
 
#96
#96
ha ha. agreed dude clearly hasn't taken a pension accounting course. would blow up his "unions are free market" garbage within the first few weeks.
 
#97
#97
Ed12111 said:
Apparently like-minded ideas means the right to exist. This really shouldn't be a problem. Of course I'm sure many of you were just as concerned when a political party and president were in control who shared like-minded ideas with the other side if the coin.
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Granting special loopholes for such an insignificant minority? I don't think the "perks" Obama has handed out equate to a "right to exist" as the motive. It's a consistent bloc of voters...or in the case of the behavior of town halls, they act as the party's goons to intimidate and silence critics. Such classic and noble behavior.

And of course. The typical response. The "just as concerned" flip of the coin argument. Classic playground, elementary response. "Well the other side does it" really is a mature defense in all debates.
 
#98
#98
Ed12111 said:
I don't see why I have to write a 10 page explanation of financial deregulation when it would be much simpler for you to google it. They aren't that hard to find it is public policy after all.

Anyway, the most notable would be Glass-Steagall, and the lack of regulation of complex derivatives. Like CDO's you know the things that collapsed the economy.
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We deregulated derivatives? Sounds like you're reading the lefty BS points of the day.
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#99
#99
Ed's arguments are like the Underpants Gnomes - income inequality + ? = major recession; lowered cap gains tax + ? = major recession, etc. etc. Apparently the Econ 101 text fully explains this.
 
#100
#100
Union Accounting 101:

Assets:
Obama/Pelosi
Uneducated, unmotivated workers
Threats

Liabilities:
aging workforce
unfunded pensions
dying industries

Ed... if you are such a fan of Unions, are you going to join one when/if you graduate?

Do you know if that Union cant find you a job, and you want to go work at McD's flipping burgers, you are blackballed from the Union and any "benefits" are revoked
 
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