Holly: that would be a damn sight better than letting the libtards,
demoshits, shitheads in congress, and the obamunists run anything.
On Mon, Nov 24, 2008 at 11:52 PM, Hollywood <[EMAIL PROTECTED]>wrote:
>
> Jim W,
>
> Jesus, but you are a long-winded S.O.B.
> Why not just say, "let corporations do whatever the fuck they want
> with no regulations or oversight and be happy with whatever crumbs
> they decide to throw you?
>
>
>
>
> On Nov 24, 7:35 pm, Jim Willis <[EMAIL PROTECTED]>
> wrote:
> > What's more than obvious is this; when it comes to solving the
> > financial meltdown, the inmates are running the asylum. It's almost
> > like high school kids are running the show and if the subject matter
> > were not so serious it might be entertaining, to a degree. What we can
> > ascertain is this truism; not one pencil pushing idiot in charge of
> > this bailout has any idea what to do or when to do it. Perhaps we
> > should have drafted doctors in this fiduciary endeavor as the first
> > rule of medicine is, "do no harm".
> > What the Federal Reserve, along with the treasury has done is to
> > create a never ending line of corporate hobos, "tin can in hand" lined
> > up around the block, waiting to get into the treasury soup kitchen.
> > Though, it is fun to watch them grovel.
> >
> > Look, as faithful readers you can attest to my humility and self
> > deprecation. Can't you? Still, having the solution to all life's
> > frailties and foibles, economic or otherwise, it is my moral
> > imperative to shower knowledge upon those less synapsetic endowed.
> >
> > Plus, this isn't that hard. An economic collapse had to occur. True,
> > the democrats shifted this bad boy into high gear with their,
> > "oversight" of the evil twins; "Fannie and Freddie" yet, they only
> > laid the inevitable on the American doormat. And, by the way, made
> > millions doing it; thanks democrats. We owe you.
> >
> > We've all heard of the rust belt, the diminishing industrial base,
> > declining manufacturing. It's really simple; we have driven industry
> > out of this country. Blame the uncertain labor market, "unions", the
> > second highest corporate tax rates in the entire world, compliance
> > regulations, environmental terrorists, college graduates whom aren't
> > smarter than a fifth grader wading into the labor pool, state tax
> > rates, municipal tax rates, energy costs, health care costs, insurance
> > costs, trial lawyers, OSHA, lazy employees and Miley Cirus. Gee, why
> > wouldn't a company want to do business here?
> >
> > No, we have driven manufacturing out of this country and metamorphosed
> > into a service economy, think dishwashers and waitresses. A full
> > seventy percent of our GDP is based upon citizens purchasing goods and
> > services that we don't make here. We purchase products from India,
> > China and Japan while borrowing the money to purchase these imports
> > from India, China and Japan. These countries are loaning us the money
> > to purchase their products thinking that someday we'll be good for it.
> > It's the classic bend over and, "take the money" scheme.
> >
> > It is untenable, unattainable, unsustainable, unprofitable and unwise.
> > And, it can be repaired. Corporate taxes are merely a built in tax on
> > consumerism. For the most part corporations build in that tax on their
> > good or service, making American made products more expensive and
> > unable to compete in the world marketplace. Combine the simple fact
> > that we are the world's largest consumers with the knowledge that
> > companies want to make their products here, "shipping costs" it would
> > seem that the square peg will fit in the round hole.
> >
> > In the short term, government will have to do with less, a concept
> > unknown to Washington proper. Were we to cut corporate taxes to,
> > say…., zero, and cap capital gain tax at five percent, the entire
> > industrial world would be beating down our door. Good jobs would
> > ensue, the tax base would grow exponentially and the birds would again
> > sing.
> > It is estimated that there is over $7 trillion dollars in offshore
> > accounts waiting for opportunity. Ironically, that exact figure is
> > what we have spent battling our economic woes. That surely worked out
> > well; didn't it? Still, Obama has one card; if he'll play it.
> >
> > Economist Christina Romer will be director his Council of Economic
> > Advisors, which provides economic analysis and advice to the
> > president. Christy is a supply sider; a brilliant economist and one
> > tough broad. It makes me wonder how she finagled an appointment from
> > the messiah. However, if his most merciful listens to this woman, "and
> > ignores the advice of Larry Summers" the Conservative Springfield plan
> > has a chance. Hey, we all know one thing; Obama knows as much about
> > economics as Paris Hilton knows about wearing panties. He will have to
> > rely on advisers. Frankly; I doubt Obama can do simple math.
> > Fair Points; Christina is also in favor of enforcing the up tick rule
> > wherein short sellers can only dabble in markets with an upside,
> > abolishing mark to market rules, naked shorts and whitey tighties.
> >
> > So…….this could work. Provided Obama turns his back on the rabid left,
> > slaps down the democratically controlled congress, snubs the press,
> > ignores all but one of his economic advisers, puts Michelle back in
> > the kitchen and gives up his political future. Also, he may have to
> > take up smoking, again. Ah well, I guess I was dreaming.
> > Conservative Springfield 25 NOV 08
> >
>
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