Football and Capitalism...

#51
#51
volconomist said:
You act like that was the first time in US history that a major corporation was bailed out by the US gov't. Lockheed, Chrysler, and the Airline Industry have all had massive gov't bailouts, long before that socialist Obama ever took office.

Funny enough, two of the three of the above occurred with republican presidents in office.
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What does a republican in office have to do with any thing?

:crazy:

How about stick around a while and then start posting..... you're very boring......

:eek:k:
 
#52
#52
volconomist said:
You act like that was the first time in US history that a major corporation was bailed out by the US gov't. Lockheed, Chrysler, and the Airline Industry have all had massive gov't bailouts, long before that socialist Obama ever took office.

Funny enough, two of the three of the above occurred with republican presidents in office.
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bs. the govt did not take over said firms. they gave them LOANS. they did not hand over 30% of the firm to the workers instead of rightfully giving hte company to the bondholders. not even close to the same situation.
 
#53
#53
golfballs03 said:
and you've read posts on here by people saying we operate in a true free market?
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No, my original point was that none of us know what a free market is, because we've never seen one.

We may say that our economy is based on a free market, but we can all agree that it isn't one.
 
#55
#55
OrangeEmpire said:
What does a republican in office have to do with any thing?

:crazy:

How about stick around a while and then start posting..... you're very boring......

:eek:k:
Click to expand...

What, so I should underline everything I say, and use those childish smiley faces? Would that make me less boring?
 
#56
#56
it's a very academic, dare i say pointless, argument. who cares if our economy isn't a true textbook definition free market economy?
 
#60
#60
droski said:
bs. the govt did not take over said firms. they gave them LOANS. they did not hand over 30% of the firm to the workers instead of rightfully giving hte company to the bondholders. not even close to the same situation.
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It was a sweetheart gift to the unions at the taxpayers expense orchestrated by Obama, his administration with the help of Pelosi and the like. It is unprecedented under any previous administration and under the guise of bail out.
 
#63
#63
KB5252 said:
It was a sweetheart gift to the unions at the taxpayers expense orchestrated by Obama, his administration with the help of Pelosi and the like. It is unprecedented under any previous administration and under the guise of bail out.
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Pay as you go.... oh wait.... except with emergencies!
 
#65
#65
KB5252 said:
It was a sweetheart gift to the unions at the taxpayers expense orchestrated by Obama, his administration with the help of Pelosi and the like. It is unprecedented under any previous administration and under the guise of bail out.
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the foundation of debt underwriting in this country is if a company goes bankrupt the bondholders own the company. end of story. violating this in favor of his union buddies was unspeakable. why in the world would anyone buy debt of any union company as long as obama is in office?
 
#66
#66
volconomist said:
Really?

So we shouldn't have a regulatory force ensuring competition is occurring in the market?
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Do you really believe they are doing an effective job of this? You cannot possibly believe they are.
 
#67
#67
OrangeEmpire said:
Jumping to conclusions.... like I said, how about sticking around a while then we won't have to have these pointless posts.

:banghead2:
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Listen, I get it, you'd rather have 100 pages of everybody agreeing with you. Hate to break it to you, but I don't come to forums so that I can read 1,000's of posters who think exactly like me. If people agree fine, if they don't fine, we'll have a dialogue about it, thats the whole point of these forums.
 
#69
#69
volconomist said:
Listen, I get it, you'd rather have 100 pages of everybody agreeing with you. Hate to break it to you, but I don't come to forums so that I can read 1,000's of posters who think exactly like me. If people agree fine, if they don't fine, we'll have a dialogue about it, thats the whole point of these forums.
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I had no idea I thought this, thank you.

:rock:
 
#70
#70
droski said:
the foundation of debt underwriting in this country is if a company goes bankrupt the bondholders own the company. end of story. violating this in favor of his union buddies was unspeakable. why in the world would anyone buy debt of any union company as long as obama is in office?
Click to expand...

And as of the last couple of days, GM has issued an IPO to begin paying it all back.
 
#72
#72
volconomist said:
I think Teddy Roosevelt did.
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And how is he in any way relevant to the current discussion?

OE said government = failure, you disagreed and offered a different take that in reality only reinforced his statement. The clowns we have (and have had for some time) are pathetic and I would hardly trust them to run a memorial service for a dead goldfish.
 
#75
#75
volconomist said:
And as of the last couple of days, GM has issued an IPO to begin paying it all back.
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And the union will relinquish it's even tighter stranglehold on the company? Remember the people running the show, along with the unions were to blame for GM being in the position to need that bail out.
 
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