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The title says it all! How dare our government use this poor economy as an excuse to seize more and more power to its self! It is becoming so transparent day by day.Geithner Seeks Power to Seize Imperiled Firms - Presidential Politics | Political News - FOXNews.com
Geithner can't even pay his own taxes and he wants the power to seize and run "failing" US companies! What a crock! Next the will be looking at taking over sound companies because "they might fail":gaah:
Carl Marx said something to the effect that we will inevitably end up a communist state. Democracy to Socialism to Communism. :shrug:
I saw that today and had to laugh! We're headed to a socialist America and I'll be one of the first to leave this great country behind :cry:Quote:
Originally Posted by JMS
I have a sad news for you - there might be very few places to go. Japan? Korea? The rest of the world is infested with socialism.Quote:
Originally Posted by jmueller8
And, your point is what?
It's not truly Socialism, nor is it truly Fascism, it's whatever gets them more power!
If you don't like it, you shouldn't have voted Democrat.Quote:
Originally Posted by JMS
......:rolleyes:Quote:
Originally Posted by icedog
C'mon in, the water's fine! :DQuote:
Originally Posted by sparq
X
I agree with you there but my reasons are from a medical standpoint. Countries like ours have better medications because we pay for it. Canada will only supply generics to patients, which is fine for most medications; but when you've got better more effective medications that aren't even offered based on cost.... well.... in my family that's not even an option. refQuote:
Originally Posted by sparq
I would rather and will most likely just use myself as the donor for whole blood transfusions (like they used to do in the old days) rather than use some crappy 1st or 2nd generation recombinant product that is more like a game of Russian Roulette each time you use it.
BTW... because countries like Britain and Canada refuse to use the good "safe" stuff based on cost: 90% of their patients who need this medication to survive, are HIV or Hep C positive. In a socialized America I'd have a judge tell me I have to use that product on my kids and hope for the best or face jail time. Not gonna do it!
That's just me though.
Well, there's only one alpha-dog on the block. No surprises here at all.Quote:
Originally Posted by JMS
I think you're mistaking 'can' and 'want'.Quote:
Originally Posted by JMS
And actually it's about the 'failing' companies, I'd think the definition of failed is once they're gone.
Touche :roflmao:roflmao:roflmaoQuote:
Originally Posted by icedog
Not true.Quote:
Originally Posted by jmueller8
X
medications, germany, great britain. wasn't it germany that demanded lower prices from the pharm manufacturers and then screwed them? I was reading about it. apparently the US is the only major coountry that doesn't price control with these bloodsuckers.
Red
Alright, they will provide brand names provided they are "reasonably" priced. But the chemo, alzheimers, and many other drugs they will not touch nor mention based on price.Quote:
Originally Posted by xman
Prices are too high I agree but the technologies involved in the creation, patenting, FDA approval, and advertisement are what keep the prices so friggen high. Plus the enormous bonuses they give out as well. Hell; our meds are a new car each month and I've got $100 K's worth in the fridge for emergencies.
The system sucks!
Psst. Don't tell anyone, but here in the UK it is quite legal to buy private medical care. We are even allowed to take out medical insurance to cover it!Quote:
Originally Posted by jmueller8
The fact that we have free healthcare for everyone doesn't change that. The only thing is that this "free" healthcare is paid for by the taxpayer, and the money available is not infinite. Hence expenditure has to be capped somehow.
There are plenty of legitimate reasons for criticising our National Health Service, but spending money where it does most good is not something to condemn.
The bottom line is that here in the U.S people die because they can't afford to buy meds or have medical procedures. Does that happen in countries where every citizen is covered for medical care?
Really:hmmm: Now that's something to consider actually. Thanks for telling me this!Quote:
Originally Posted by Rajagra
BigSpendur: sadly... yup. People are always flying here for surgeries because the waiting list is so long. Last year more than 1000 Canadian mothers delivered here in the states because there was no room for it there. The list goes on and on...
Thank GOD! I thought everyone was asleep!
How did this suddenly turn into a conversation on health care?
Mark,Quote:
Originally Posted by JMS
Refer to post number 11. You will find the answer to your question there.
Now I have a question for you. Did you know there are sources for news other than FOX?
You must read some of my other links and you may find the answer yourself Sir.Quote:
Originally Posted by icedog
Do you mean like this one: http://straightrazorpalace.com/conve...t-say-you.htmlQuote:
Originally Posted by JMS
Or this one: http://straightrazorpalace.com/conve...dead-90-a.html
Or this one: http://straightrazorpalace.com/conve...ensorship.html
I guess you'll just have to look a little harder.;)Quote:
Originally Posted by icedog
hey what happened with giving a straight answer? please vote below, and no dimpled chads :p:Quote:
Originally Posted by JMS
Yes
No
!!!!
!
!!
!!!!!!!!
While all this chatter is fun, the original post is the actual topic! Can we stick with it please, or would you rather derail the thread so the original topic does not have to be dealt with?
Actually, section two of the orginal "TARP" billQuote:
Originally Posted by JMS
Pretty much gave him fiat power to do whatever he wanted to businesses. It is a shame that nobody read the bill before making it a law. Haste makes waste!Quote:
House of Representatives bill 1424
SEC. 2. PURPOSES.The purposes of this Act are--
(1) to immediately provide authority and facilities that the Secretary of the Treasury can use to restore liquidity and stability to the financial system of the United States; and
(2) to ensure that such authority and such facilities are used in a manner that--
(A) protects home values, college funds, retirement accounts, and life savings;
(B) preserves homeownership and promotes jobs and economic growth;
(C) maximizes overall returns to the taxpayers of the United States; and
(D) provides public accountability for the exercise of such authority.
gugi, this is my thread. delete the poll.
it's a valid contribution as it's on topic :p
I think it was something to do with drugs for curing socialism being unavailable in some countries. :rofl2:Quote:
Originally Posted by JMS
I don't see the word "seize" anywhere in the proposal. FOX news likes to hyperbole things up, as any good yellow-journalist knows you should, but...yeah, nothing about seizing.Quote:
"The proposed resolution authority would allow the government to provide financial assistance to make loans to an institution, purchase its obligations or assets, assume or guarantee its liabilities and purchase an equity interest," he said.
Until I see some kind of hard evidence that the government plans to nationalize innocent businesses, and not just editorializing from a CLEARLY biased source, shrieks of "evil socialist nightmare" seem a bit premature to me.
Now, as to whether the US government should be using tax dollars to prop up enormous institutions whose failure might jeopardize the US economy as a whole, well, that's a whole other complicated barrel of monkey worms.
I turned to topic..... sorry! Back to topic then:
So, this whole idea of assuming the banks is because if the senate were to pass a bill on taxing the bonuses it would affect the subsidiaries of the larger banks that took the bailout moneys, even if they, the subsidiaries, did not take the money.
The stinker to this new move is that all the moneys that have been privately invested in these banks will be worth "nothing". It's like they are throwing darts at failed idea and shouting out the score or next big idea for the economy.... the stock market jumps and they yell, then falls, and they throw another dart.
What say you all?
As Rahm Emanuel said:Quote:
Originally Posted by JMS
"You don't ever want a crisis to go to waste; it's an opportunity to do important things that you would otherwise avoid..."
This rabbit's hole is full of rats. 2010 is the time to flush them out.
This is slightly O/T but Mr. Geithner had another stellar day today: Geithner sends dollar on roller-coaster ride
Way to go, comrades!