stevendedalus

Reply to Bush Hatred Reaches New Heights in Politics JoeUser Forums

Hardly a topic to get all riled up over. There are right-loonies as well.[e digicons]:beer:[/e]

Understanding Leverage in Politics JoeUser Forums

I have no idea what the ideal leverage ratio should be among lenders but it’s reasonable to conjecture that it should not exceed 10:1. For the past twenty years I have been sufficiently fortunate to maintain a zero balance on my credit cards each month. I often wondered why the credit companies are so generous to continue to carry me without charge and tolerate 0% which strikes me as a losing proposition by granting me this grace period—that is, until

Reply to Auto Industry Bailout in Politics JoeUser Forums

[quote]Sorry, this is a recipe for nightmares not salvation. And sad to say they will probably get something close to it. Thanks to Comrade Pelosi and Reid.[/quote]Flippancy does not erase the seriousness of losing the last line of defense in saving an industrial base.

Reply to Auto Industry Bailout in Politics JoeUser Forums

[quote]Bring on WWIII[/quote]This crisis is comparable.

Reply to Hate Crime: Blue Collars? in Politics JoeUser Forums

[quote]not only that ... up till last year they fought, and won, all fuel-effeciency standards which was pathetic compared to the japaneese standards ... they actually fought against 35 mpg by 2020 while this 35 mpg is actually the minimum for the Japaneese NOW !!!! is that believable????!!!!![/quote]Not true. The American fleet is totally different from the foreign fleets putting them at a disadvantage. But I'll give you that they are an epitome of dumb management and should be fired--and bt

Reply to Beating a Dead Horse? in Politics JoeUser Forums

[quote]They ended up with all non-Union workers in the end. To this day, there are still people boycotting the paper.[/quote] I'll grant you this. The printers unions have not measured up to changing technology. If they had their way there would still be linotypers.

Reply to Beating a Dead Horse? in Politics JoeUser Forums

[quote]Greed! And not theirs, but the unions.[/quote]Yep, the doctor's diagnosis is always right. [quote]Really? Just that I thought we were talking about 3 companies failing here, not every single company in the entire industry...[/quote] There has never been a level playing ground since the influx of foreign cars in the 70s. They were allowed to sweep in and

Reply to Yes, Tax the Rich in Politics JoeUser Forums

[quote]No he just failed basic economics, assuming he bothered to study it at all. Only a total moron could actually believe that higher taxes is good for the economy. When you raise taxes on businesses they cut jobs, slow or stop growth, and more often than not move their production to countries with lower labor and tax rates. It's a great plan for reducing the US to a third world nation.[/quote] If I'm a moron; you're an idiotic, trite sloganizer. Businesses are not the issue here. We'

Reply to Yes, Tax the Rich in Politics JoeUser Forums

[quote]I dont get it... you for or agenst the higher taxes?[/quote]Oh, he's violently against it![e digicons]:cylon:[/e] [quote]Some folks aren't going to be happy until they get their next depression. But I totally agree with your plan as that would get the Democrats out of office very quickly, please hurry up Obama![/quote] Right, you fall right into the mindless trap of the Wall Street vigilantes who are totally against any tax. Since Carter, these thugs have bullied every presiden

Reply to Yes, Tax the Rich in Politics JoeUser Forums

[quote]I want these rich people to create jobs for me and other people in my boat so we can all stay working and be productive.[/quote] They haven't helped you much now have they? [quote]Sure tax the rich, have them move their businesses out of the country so there are more lost jobs, great Idea!!!![/quote] They've been doing that anyway even with the Bush grant, but more so as investments, not businesses except multinational corporations.

Hate Crime: Blue Collars? in Politics JoeUser Forums

At the drop of a hat Citibank gets its second bailout while the Big 3 must sit in the corner of the classroom for not doing their homework. Normally I would attribute this to class warfare except 50,000 white collars are out of luck as the bailout is unrelated to rehiring. Nevertheless, it is still glaring that Paulson favors Wall Street over Main Street as there’s been little movement with the exception of Fanny and Freddie in relation to forestalling home foreclosures,

Reply to The Cost of Cars in Politics JoeUser Forums

[quote]I don't know. Maybe the best thing is to let the car companies die awhich would force a redefinition a former American industrial base. [/quote]A fat Zero! [quote]But then, who will pick up that huge tab?[/quote] Universal healthcare of course.[e digicons]:beer:[/e]

Reply to Beating a Dead Horse? in Politics JoeUser Forums

[quote]Ever think of letting some of them be employed by the more efficient competitiors, and the remainder transfer to a different industry where they will actually make money, instead of losing it?[/quote]More efficient competitors is a myth; true, Japan, Germany and Italy in the seventies took advantage of the oil crisis by importing they're modernized Model Ts while the US was turning out behemoths. Later, the foreign companies downsized what was basically American cars to reach

Reply to Beating a Dead Horse? in Politics JoeUser Forums

[quote]Unions had a place in time when they were needed... not so much anymore.[/quote] Regretably, I agree. The vacuum has persisted for so long that I doubt it can champion good, common causes, especially in the decline of large corporate manufacturing.

Reply to Yes, Tax the Rich in Politics JoeUser Forums

[quote]Taxing the rich is not gonna help growth at all. In fact its these rich people that create jobs[/quote]Old hat thinking; the rich had its chance to do some good with its wealth and failed to focus on the real economy in lieu of phony derivatives. [quote]... common sense or sound economics.[/quote]Nice touch but lacking common sense.

Reply to Auto Industry Bailout in Politics JoeUser Forums

[quote]On eBay.[/quote] Right on. [quote]Talk about your bridge to nowhere...[/quote]Perhaps but it worked during WWII.

Reply to Auto Industry Bailout in Politics JoeUser Forums

[quote]Why would a company want to use them if they're not going to be profitable?[/quote]Because as years it's been used as a ploy to cut labor costs; the UAW was in conspiracy of the old tact of raising wages but reducing them overall by forced attrition. [quote]So you're looking for a volunteer worker to run a company?[/quote] No, but I'm not averse to a new Czar, but I'm referring to the existing CEOs. [quote]1) share? They are separate companies![/quote]True, but th

Yes, Tax the Rich in Politics JoeUser Forums

Granted the economy is tanking, but that is no reason for Obama to back down on increasing the tax rate on those above 250k income. Nevertheless, to avoid further roiling the market, he should do it in increments of 1% until Bush's increase expires in 2010. It would be ridiculous for a new president to allow himself to be intimidated by Wall Street's thugs and economic pundits. The wealthy need to invest regardless of the rate. And as for capital gains, there's not going to be very

Reply to Beating a Dead Horse? in Politics JoeUser Forums

How short are memories--where would most wage earners, union or otherwise, be without the constant pressure of unions in the shadows and its downstage positivism of yesteryear.[e digicons]:beer:[/e]

Reply to Big Three Nostalgia in Politics JoeUser Forums

[quote]So basically you're supporting throwing away money in favour of a feeling of nostalgia?[/quote]No, the 3 is still viable when they're relieved of the pension and healthcare legacy, which is now out of tune with the present. It's not that the foreign cars are better, they have the competitive advantage state tax giveaways and union free.[e digicons]:annoyed:[/e]

Reply to Big Three Nostalgia in Politics JoeUser Forums

[quote]The 64 is and always will be![/quote]Not without the T bar!

Reply to Evil concealed by money in Politics JoeUser Forums

[quote]Just because you are rich does not mean you are forfeiting your rights.[/quote]You have the right to earn money and also the right and responsibility to pay taxes. We have social security so that the widow can afford to have someone mow her lawn or belong to an association that for a fee has it done. Brad is goofy on this one--everyone worships Robin Hood but the drag.

Auto Industry Bailout in Politics JoeUser Forums

It’s a good thing that the Democrats did not get saccharine over the auto industry’s tin cup presentation lacking hard core specifics, and instead are requiring that the Big 3 return with realistic restructuring. The foremost embarrassment is the $24 an hour labor discrepancy between the UAW and the union free foreign manufacturers. This is easily solved by the government takeover of the pensions with perhaps some modest adjustments more in line with other company p

Reply to Palin as V.P. in Republican JoeUser Forums

[quote]Just my opinion, it is the most unique job in the world....no one is "ready" for it[/quote]Bill Clinton agreed with you.

Reply to Diminishing Rate of Return in Politics JoeUser Forums

[quote]Childish tantrums over having lost and claims that the election was "stolen" from them are not.[/quote]A very different scenario compared to the last two presidentials. Obama had won almost two hundred more electoral votes--hardly the climate for screaming "stolen."