Comments on: Open Court Topic #2: Where Is The “Bailout” For The American Taxpayer? http://www.thirstyquill.com/2009/03/05/open-court-topic-2-where-is-the-bailout-for-the-american-taxpayer Sun, 20 May 2012 03:17:39 +0000 http://wordpress.org/?v=2.6.2 By: Steven Forbis http://www.thirstyquill.com/2009/03/05/open-court-topic-2-where-is-the-bailout-for-the-american-taxpayer#comment-290 Steven Forbis Fri, 06 Mar 2009 21:14:57 +0000 http://www.thirstyquill.com/?p=934#comment-290 From what I heard today on NPR, the Japanese Yen is falling even more, which means cars like Toyotas and Hondas and going to be sold even cheaper, making even more cpmpetition for the US automakers. From what I heard today on NPR, the Japanese Yen is falling even more, which means cars like Toyotas and Hondas and going to be sold even cheaper, making even more cpmpetition for the US automakers.

]]> By: bforbis http://www.thirstyquill.com/2009/03/05/open-court-topic-2-where-is-the-bailout-for-the-american-taxpayer#comment-288 bforbis Fri, 06 Mar 2009 15:37:54 +0000 http://www.thirstyquill.com/?p=934#comment-288 "You take the businesses that took the risk that got us into this mess in the first place and then give them money as they loose even more. What the heck?" Amen. In my opinion businesses like GM and AIG are what they call "Zombies". Doing nothing but loosing money. So then yeah, why is the government spending billions of dollars to help 2 businesses? You kinda sound like a Conservative... Let them die, let the markets figure out what to do with them like they always have done, and stop throwing billions of our childrens money at a problem that will never be fixed. FYI, goodbye Hummer, Mercury and I believe I heard Saab also. Honda Civic sales in May of '08 matched that of Hummer sales in ALL OF '07!!!!! And this is the business our governement wants to put their money into? Forget politics and ideology, that's just bad business in general. But they have all the money in the world to spend.... “You take the businesses that took the risk that got us into this mess in the first place and then give them money as they loose even more. What the heck?”

Amen. In my opinion businesses like GM and AIG are what they call “Zombies”. Doing nothing but loosing money. So then yeah, why is the government spending billions of dollars to help 2 businesses? You kinda sound like a Conservative…

Let them die, let the markets figure out what to do with them like they always have done, and stop throwing billions of our childrens money at a problem that will never be fixed.

FYI, goodbye Hummer, Mercury and I believe I heard Saab also. Honda Civic sales in May of ‘08 matched that of Hummer sales in ALL OF ‘07!!!!! And this is the business our governement wants to put their money into? Forget politics and ideology, that’s just bad business in general. But they have all the money in the world to spend….

]]> By: Andy McGee http://www.thirstyquill.com/2009/03/05/open-court-topic-2-where-is-the-bailout-for-the-american-taxpayer#comment-286 Andy McGee Fri, 06 Mar 2009 02:49:21 +0000 http://www.thirstyquill.com/?p=934#comment-286 Its like that; "I started a joke, that started the whole world crying" song. If the bank bailouts weren't so belligerently irresponsible it would be funny. Here is my question "WHO HAS ALL THE FREAKING MONEY"!? I mean GM lost 82 billion over the last few years, these Insurance companies have lost billions, these banks are getting billions and billions and I can tell you that none of the small businesses that I work with have received any relief from this ("/unquote) attempt to loosen up capital. You take the businesses that took the risk that got us into this mess in the first place and then give them money as they loose even more. What the heck? The Quill loves it when I quote non-lame people and this current state of affairs makes me think of the words of the great John Prine: "It don't make no since that common since don't make no since no more" Its like that; “I started a joke, that started the whole world crying” song. If the bank bailouts weren’t so belligerently irresponsible it would be funny. Here is my question “WHO HAS ALL THE FREAKING MONEY”!?

I mean GM lost 82 billion over the last few years, these Insurance companies have lost billions, these banks are getting billions and billions and I can tell you that none of the small businesses that I work with have received any relief from this (”/unquote) attempt to loosen up capital. You take the businesses that took the risk that got us into this mess in the first place and then give them money as they loose even more. What the heck?

The Quill loves it when I quote non-lame people and this current state of affairs makes me think of the words of the great John Prine:

“It don’t make no since that common since don’t make no since no more”

]]> By: Steven Forbis http://www.thirstyquill.com/2009/03/05/open-court-topic-2-where-is-the-bailout-for-the-american-taxpayer#comment-285 Steven Forbis Thu, 05 Mar 2009 20:03:19 +0000 http://www.thirstyquill.com/?p=934#comment-285 Haha, great question! I really wish I could give a good answer! The only I can think of is that since we all have bought in so heavily into the credit system and this is the way capitalism has evolved in this country, we still have to play by the rules of the game or the last 100 years of economics will be for nothing. Essentially, if we still want capitalism to work, we have to play by the rules we've set up. Haha, great question! I really wish I could give a good answer!

The only I can think of is that since we all have bought in so heavily into the credit system and this is the way capitalism has evolved in this country, we still have to play by the rules of the game or the last 100 years of economics will be for nothing.

Essentially, if we still want capitalism to work, we have to play by the rules we’ve set up.

]]>