Trump

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Comments

  • Free said:

    You guys can take it as it ever you want to. But I am not the enemy, I am the messenger. By not questioning the other candidate and making sure that she's got the right ideas for this country you are blindly following. Wake up.

    Ok so Clinton is the devil and I can understand your hatred for her , are you ok with Trump being your president ? I'm def not
    jesus greets me looks just like me ....
  • Posts: 30,879
    benjs said:

    1. I don't feel that we in the public reserve the right to pick and choose what bailouts to support, especially when corporations like GM so resemble banks. Monthly payments and interest charges effectively provide clients the right to withhold full payments owed in exchange for fees. Of course, there's more to a car company and to a bank, but this is a gist of it. Whether a poor-quality product is provided, or a poor-yielding set of investments is made, both entities responsible ought to be held accountable. That said, mrussell, if you're more well-versed and can add info to this topic, please do!

    You are correct that in some ways, an automotive company is similar to a bank (although GM spun off GMAC financing into Ally Bank a few years ago). But they are structured in similar ways and have similar issues. Without getting into the details, I supported both bailouts. And I did so for overlapping reasons. (Disclaimer: During 2008 crisis, I was in senior management at a large bank. We took TARP money because we were forced to do so by the government. The gov made solvent banks take TARP as well so the market didn't destroy the ones that were distressed... different argument though. But anyway, my perspective may be different than others.)

    So I supported both bailouts. The reason I supported GM was because of all the people that were employed or connected to GM through the supply chain (truck drivers, parts makers, dealerships, etc.). The resulting unemployment, particularly in the Midwest, would have been fairly substantial and worsened an already sick economy. So the government bought preferred shares of GM (rather than just loaning $, creating more debt for them) and GM recovered. Now we taxpayers lost probably 10 billion on that deal after the government sold its shares, but that's far less than it probably would have paid in unemployment, lost taxes (personal and business), lower GDP, etc. So in all, I think it was a wise thing to do. And think of how many families that the small 10 billion investment saved.

    TARP - this is the one people had a bigger problem with, but to me it was essentially the same concept, but the ramifications would have been far worse. Regardless of whose fault it was (that's a whole different discussion), the reality is that Bank provide two essential services in this country. First, they provide not only loans for cars, homes, etc, but they provide essential small business loans that are used to keep these companies afloat through payroll, through slow pay of clients etc. Second, the top six banks in the US employ 800K people. 98% of these people are just like you and me. They are middle class, and earn between 40 and 100k per year. If these banks had failed, how many middle class families would have suffered the same fate as GM families? Untold amounts, particularly since it wasn't the Chase and Citi's that really needed TARP, it was all the regional and second tier banks. And if the gov't let them fail, would the Jamie Dimon (Chase) or Ken Lewis (BAC) be hurt? Hell no. They are ungodly rich already. Letting the banks fail hurts middle class employees, not the C class.
    And then you let the banks fail. Then what? Then the credit market tightens because there is more competition for %, so interest rates raise. Who gets hurt there? Consumers and small business's that can't afford the double digit rates. So small businesses close because they can't float their receivable, or can't pay employees. It's a reverberating effect.

    And what was the final cost of TARP? Officially the taxpayers made about 15 billion but I suspect it was an even trade because of value of the dollar and inflation. Either way, both investments were wise to me. They were not pure capitalistic, but in many ways humanitarian.

    Sorry so long Benjs, but this is something I have thought about for many years.
  • Winnipeg Posts: 39,473
    Free said:

    This is the huge problem. Because people are so in fear of a clown taking full advantage of his publicity stunts, people will BLINDLY follow the other contender and ask NO questions. And that is so dangerous for the country!! (not you personally).
    it's not blind. most people have openly admitted she is not ideal and she creates trust issues. people are asking questions. but what trump will do is potentially FAR WORSE than what she will do. it's unfortunately the lesser of two evils here.
    By The Time They Figure Out What Went Wrong, We'll Be Sitting On A Beach, Earning Twenty Percent.




  • Mar-A-Lago Posts: 22,183
    Free said:

    Man, you're proving my point again!
    You keep saying that....trust me, I'm not proving any point that you think you are attempting to make
    Remember the Thomas Nine !! (10/02/2018)
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    2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
    2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
    2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
    2020: Oakland, Oakland:  2021: EV Ohana, Ohana, Ohana, Ohana
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  • Posts: 30,879
    Free said:

    You have not questioned Clinton's actions here, not once and 100% defended Hillary. Leading me to believe you are blindly following. Understand?

    Looking for where you questioned Bernie in any way.....looking....looking.... hmmm...
  • I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487

    and how is he going to "MAKE" Mexico pay for the wall? send them a bill and then sick a collection agency on them? them claim bankruptcy and then blame them for all the financial ills of 'murica?

    This is getting kinda scarey. I don't give a shit who the Democratic nom is. They should be so far in the lead with this douche on the other side. This is really painting a nasty picture of today's america.

    No more foreign aid.
  • Posts: 3,562

    What if I think she has the right ideas for the country?

    :lol: with her lengthy shady history, and her obvious flip flopping on policy, if you have no questions about her, you're not being a very concerned citizen.
  • Posts: 34,026
    unsung said:

    No more foreign aid.
    Why would it be Mexico's responsibility to pay for a wall under any scenario.? We don't force people to stay in our country, so why should they? Wouldn't it be our responsibility to pay for the method of keeping people out of our country?
  • Posts: 19,302

    It's not a huge problem when the GOP candidate is a fucking idiot.
    But a fucking idiot who has closed the gap on Hillary to within 4 points
    Be Excellent To Each Other
    Party On, Dudes!
  • Posts: 3,562
    mrussel1 said:

    Looking for where you questioned Bernie in any way.....looking....looking.... hmmm...
    If Bernie had any questionable deals and behavior, something Hilary has shown and proven multiple times, he should and would have been questioned as should be. But that's what people like about him: he's more trustworthy and reliable, and full of integrity, so much more than your candidate and you are NOT questioning her. Which is why I'm questioning all Hillary supporters for not questioning her. Her shadiness is all out there in the open. And her supporters do not question it. There is something seriously wrong with that and says a lot about the American citizen.
  • Posts: 34,026
    Free said:

    If Bernie had any questionable deals and behavior, something Hilary has shown and proven multiple times, he should and would have been questioned as should be. But that's what people like about him: he's more trustworthy and reliable, and full of integrity, so much more than your candidate and you are NOT questioning her. Which is why I'm questioning all Hillary supporters for not questioning her. Her shadiness is all out there in the open. And her supporters do not question it. There is something seriously wrong with that and says a lot about the American citizen.
    Um, her supporters clearly question it given her unfavorability polling...
  • unsung said:

    No more foreign aid.
    Lol you think that will get Mexico to pay for a wall that's funny ..
    jesus greets me looks just like me ....
  • Im not voting Trump but I believe there is more hatred for Clinton and more dumb down voters to give Trump the WH , I believe he will be president I'm just basing it on gut feeling than anything else !!
    jesus greets me looks just like me ....
  • I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    It's addition through subtraction.

    They'll pay. They might not be writing the check, but they'll pay.
  • Posts: 3,562
    edited September 2016

    it's not blind. most people have openly admitted she is not ideal and she creates trust issues are asking questions. but what trump will do is potentially FAR WORSE than what she will do. it's unfortunately the lesser of two evils here.
    I'm talking about those who have not "openly admitted she is not ideal and she creates trust issues". Those who have been only acted as apologists.
    Post edited by Free on
  • Posts: 3,562
    edited September 2016

    Um, her supporters clearly question it given her unfavorability polling...
    Point to where her supporters question her on this forum.
    Post edited by Free on
  • Posts: 49,594
    unsung said:

    No more foreign aid.
    No. That is not how Trump thinks Mexico will pay for his fake wall.

    This is how he thinks Mexico will pay for his fake wall. The article also tells you why it absolutely will not work:

    https://www.washingtonpost.com/politics/trump-would-seek-to-block-money-transfers-to-force-mexico-to-fund-border-wall/2016/04/05/c0196314-fa7c-11e5-80e4-c381214de1a3_story.html
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  • Posts: 30,879
    Free said:

    If Bernie had any questionable deals and behavior, something Hilary has shown and proven multiple times, he should and would have been questioned as should be. But that's what people like about him: he's more trustworthy and reliable, and full of integrity, so much more than your candidate and you are NOT questioning her. Which is why I'm questioning all Hillary supporters for not questioning her. Her shadiness is all out there in the open. And her supporters do not question it. There is something seriously wrong with that and says a lot about the American citizen.
    Bernie had questionable policies, ones that were fraught with economic fantasy land scenarios. For me, that's more important than DWS or Goldman speeches. See? Different priorities.
  • I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487

    No. That is not how Trump thinks Mexico will pay for his fake wall.

    This is how he thinks Mexico will pay for his fake wall. The article also tells you why it absolutely will not work:

    https://www.washingtonpost.com/politics/trump-would-seek-to-block-money-transfers-to-force-mexico-to-fund-border-wall/2016/04/05/c0196314-fa7c-11e5-80e4-c381214de1a3_story.html
    I'm just saying there's a way. It's stupid to think there isnt.
  • Mar-A-Lago Posts: 22,183
    Free said:

    I'm talking about those who have not "openly admitted she is not ideal and she creates trust issues". Those who have been only acted as apologists.
    She beat Sanders....
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

    1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
    2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
    2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
    2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
    2020: Oakland, Oakland:  2021: EV Ohana, Ohana, Ohana, Ohana
    2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
    2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana; 2025: Pitt1, Pitt2
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