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-   -   What do you think about the President's (https://gfy.com/showthread.php?t=950654)

theking 01-28-2010 02:16 AM

What do you think about the President's
 
...state of the union address?

DWB 01-28-2010 05:03 AM

I watched it up until he said he "hated" the bank bailouts, then I turned it off. Absolute load of BS.

He can talk a mean game, I will give him that. But at this point, I wouldn't trust him to mow my lawn.

TheDoc 01-28-2010 05:07 AM

It was decent.... he hit some good points, just have to see if he goes through with what he said.


Love or hate the bailouts, they do work... history has proven that and if you're going to argue it, go read a fucking book.

DWB 01-28-2010 05:15 AM

Quote:

Originally Posted by TheDoc (Post 16790864)
Love or hate the bailouts, they do work... history has proven that and if you're going to argue it, go read a fucking book.

I don't think it is a matter of working or not, it is the idea that if you can't balance your books and run a business, or produce a product that people do not want, you deserve to fail.

No one will be bailing you or me out should we fail to run our business properly. Playboy will not get a bailout when they finally close their doors. For me at least, that is the problem with the bail outs. Let the markets do what they are going to do without government intervention. That's how it's supposed to work.

TheDoc 01-28-2010 05:17 AM

Quote:

Originally Posted by DirtyWhiteBoy (Post 16790875)
I don't think it is a matter of working or not, it is the idea that if you can't balance your books and run a business, or produce a product that people do not want, you deserve to fail.

No one will be bailing you or me out should we fail to run our business properly. Playboy will not get a bailout when they finally close their doors. For me at least, that is the problem with the bail outs. Let the markets do what they are going to do without government intervention. That's how it's supposed to work.

You're arguing against something that DID WORK...

TheDoc 01-28-2010 05:22 AM

To add.... Obama in one year would never be able to balance everything out and hold the eco strong as well. He actually brought that up, and he is correct.

If you want to grow ANY business - You have to spend money. if I don't, you will 100% of the time fail, every time, without question, any business in the world would fail.

When you're handed a business that you can't let fail (the gov) you do what you can to make it grow - and not let it fail, but it has to start at the bottom and not at the top.

If those banks, etc would have failed... your bank would have been bough out by China and now your house/bank/cars would be owned by them....

The money going out, is coming back in... probably not all of it, but some areas fail, others will gain - as they are.

It's not going to be perfect, nobody, nobody, nobody, could run it perfectly - just like no business is ran perfectly.


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