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STOP THE FEAR MONGERING



 
 
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  #21  
Old March 3rd 09, 02:32 AM posted to rec.bicycles.racing
Scott
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Posts: 1,859
Default STOP THE FEAR MONGERING

On Mar 2, 12:40*pm, "Paul G." wrote:
On Mar 2, 11:00*am, Bill C wrote:

*When they are insisting that Congressmen have to vote to pass this
without even giving them the time to read the thousands of pages,
"trust us", then that's beyond ****ed up, but hey if it works for you
folks.


Practical consideration- how long do you figure it would take all 500+
members of Congress to read those thousands of pages? *What would
happen in the meantime?
-Paul


How long did it take Pelosi and crew to write those 1000+ pages?
Perhaps I'm naive, but if a bill is too long to be read in it's
entirety, it's too long to vote on (for or against).

Oh, as to what would happen in the meantime, we might not have lost
another 15% in the market. Doing nothing is often a bad thing, but
doing the wrong thing is always a bad thing. Sometimes nothing is
better.
Ads
  #22  
Old March 3rd 09, 03:37 AM posted to rec.bicycles.racing
Howard Kveck
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Posts: 3,549
Default STOP THE FEAR MONGERING

In article ,
"Robert Chung" wrote:

Tom Kunich wrote:

What? Are you saying that we shouldn't have elected an avowed
socialist into office and then act surprised when he is destroying
our system of government?


You hoping our President fails?


When I was pointing out one of the many flaws in the Bush admin.'s "way" of doing
business, he lectured me that disagreeing with the government was the same thing as
"stealing from the company" that you work for. Strange how fast things have changed.

Another strange thing is to read him trying to pretend that the people (Bush and
the Republican-lead Congress) he was so vigorously defending for the last eight years
were not "real conservatives" and that he really didn't support them. hehindeedy.

Think about it this way: all that the Republicans and conservatives have right now
are Rush Limbaugh (a drug adict sex tourist), Not-Joe the Not-Plumber and some 14
year old kid who "spoke" at CPAC this weekend. Haha!

--
tanx,
Howard

Caught playing safe
It's a bored game

remove YOUR SHOES to reply, ok?
  #23  
Old March 3rd 09, 03:41 AM posted to rec.bicycles.racing
Howard Kveck
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Posts: 3,549
Default STOP THE FEAR MONGERING

In article ,
"Mike Jacoubowsky" wrote:

Should the government own 80% of AIG, or should it have let it fail?


Since it is *so* tied into the world-wide economy, it became something that can't
be allowed to fail (and I believe that no entity should ever be allowed to "get so
big it can't be allowed to fail"). However, the fact that they were doing business
with the big banks of so many countries that makes me think that the governments of
those other countries need to pony up also.

--
tanx,
Howard

Caught playing safe
It's a bored game

remove YOUR SHOES to reply, ok?
  #24  
Old March 3rd 09, 03:59 AM posted to rec.bicycles.racing
Paul G.
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Posts: 1,393
Default STOP THE FEAR MONGERING

On Mar 2, 5:09*pm, "K. Gringioni" wrote:
On Mar 2, 3:09*pm, "Paul G." wrote:

On Mar 2, 1:25*pm, "Mike Jacoubowsky" wrote:


Would it actually be worse than prolonging things as we are now, looking
for the bottom but not knowing what the bottom looks like? Wanting so
badly to start "recovering" but because we keep throwing band-aids out
there, that recovery from the bottom is further off?


In military terms, you can have an orderly retreat... or a rout.
Examples: Chosin Reservoir and Stalingrad, respectively. *The former
is bad, but the latter is far, far worse.


Dumbass -

Nice analogies.

Did you ever read "Stalingrad: the Fateful Siege" by Beevor? Pretty
goddamm epically awful conflict.


No, but I saw the movie... and the History Channel programs.
Horrific. The -uh- "German leader" reminded me a lot of Bush-
needlessly sacrificing the lives of thousands of his troops rather
than admit his blunder.
-Paul
  #25  
Old March 3rd 09, 04:00 AM posted to rec.bicycles.racing
Paul G.
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Posts: 1,393
Default STOP THE FEAR MONGERING

On Mar 2, 5:32*pm, Scott wrote:
On Mar 2, 12:40*pm, "Paul G." wrote:

On Mar 2, 11:00*am, Bill C wrote:


*When they are insisting that Congressmen have to vote to pass this
without even giving them the time to read the thousands of pages,
"trust us", then that's beyond ****ed up, but hey if it works for you
folks.


Practical consideration- how long do you figure it would take all 500+
members of Congress to read those thousands of pages? *What would
happen in the meantime?
-Paul


How long did it take Pelosi and crew to write those 1000+ pages?
Perhaps I'm naive, but if a bill is too long to be read in it's
entirety, it's too long to vote on (for or against).

Oh, as to what would happen in the meantime, we might not have lost
another 15% in the market. *Doing nothing is often a bad thing, but
doing the wrong thing is always a bad thing. *Sometimes nothing is
better.


How many times did you vote for Bush?
-Paul
  #26  
Old March 3rd 09, 04:03 AM posted to rec.bicycles.racing
LawBoy01
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Posts: 335
Default STOP THE FEAR MONGERING

On Mar 2, 3:25*pm, "Mike Jacoubowsky"
wrote: Would it actually be worse than prolonging things as we are
now, looking
for the bottom but not knowing what the bottom looks like? Wanting so
badly to start "recovering" but because we keep throwing band-aids out
there, that recovery from the bottom is further off?


Mike,

Stop being rhetorical...say where you think the bottom is and then
you'll get a response. I don't know where it is, but you don't
either, and that hasn't stopped you from opining that we're on the
wrong path. I have no freaking idea myself, so don't take what I have
to say as a slam. But if you have the money, go buy stock.

-Philip
  #27  
Old March 3rd 09, 04:52 AM posted to rec.bicycles.racing
[email protected]
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Posts: 163
Default STOP THE FEAR MONGERING

On Mar 2, 8:03 pm, LawBoy01 wrote:
On Mar 2, 3:25 pm, "Mike Jacoubowsky"
wrote: Would it actually be worse than prolonging things as we are
now, looking

for the bottom but not knowing what the bottom looks like? Wanting so
badly to start "recovering" but because we keep throwing band-aids out
there, that recovery from the bottom is further off?


Mike,

Stop being rhetorical...say where you think the bottom is


5339

Of course, I don't know anymore than the next person but remember,
this *is* the nation that RE-elected George Bush. Besides, somebody
has to get the cluster **** started.

Glad to help,

tf
  #28  
Old March 3rd 09, 04:55 AM posted to rec.bicycles.racing
K. Gringioni
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Posts: 162
Default STOP THE FEAR MONGERING

On Mar 2, 5:32*pm, Scott wrote:
On Mar 2, 12:40*pm, "Paul G." wrote:

On Mar 2, 11:00*am, Bill C wrote:


*When they are insisting that Congressmen have to vote to pass this
without even giving them the time to read the thousands of pages,
"trust us", then that's beyond ****ed up, but hey if it works for you
folks.


Practical consideration- how long do you figure it would take all 500+
members of Congress to read those thousands of pages? *What would
happen in the meantime?
-Paul


How long did it take Pelosi and crew to write those 1000+ pages?
Perhaps I'm naive, but if a bill is too long to be read in it's
entirety, it's too long to vote on (for or against).




Dumbass -


Believe it or not, nearly all bills are too long for the congressmen
to read.

As for doing nothing: read what Warren Buffet said in the article in
the first post of this thread.

There were times when doing nothing was better, such as the Clinton/
Gingrich years. This is not one of those times.


thanks,

K. Gringioni.
  #29  
Old March 3rd 09, 04:59 AM posted to rec.bicycles.racing
K. Gringioni
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Posts: 162
Default STOP THE FEAR MONGERING

On Mar 2, 6:41*pm, Howard Kveck wrote:
In article ,
*"Mike Jacoubowsky" wrote:

Should the government own 80% of AIG, or should it have let it fail?


* *Since it is *so* tied into the world-wide economy, it became something that can't
be allowed to fail (and I believe that no entity should ever be allowed to "get so
big it can't be allowed to fail"). However, the fact that they were doing business
with the big banks of so many countries that makes me think that the governments of
those other countries need to pony up also.




Dumbass -


The only problem is: it's our fault.

Phil Gramm started the ball rolling with the "Commodities Futures
Modernization Act". Google it. Then Greenspan compounded the error by
letting the post 9/11 easy money policy go on for 2 or 3 years too
long. Because of the ways the derviatives spread risk, we spread the
contagion to all the other large financial institutions in the world.

It's a ****ing mess. There was a reason that those types of financial
instruments were outlawed after 1929. Thank you very much Phil Gramm.
****ing asshole.


thanks,

K. Gringioni.
  #30  
Old March 3rd 09, 05:05 AM posted to rec.bicycles.racing
K. Gringioni
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Posts: 162
Default STOP THE FEAR MONGERING

On Mar 2, 6:59*pm, "Paul G." wrote:
On Mar 2, 5:09*pm, "K. Gringioni" wrote:





On Mar 2, 3:09*pm, "Paul G." wrote:


On Mar 2, 1:25*pm, "Mike Jacoubowsky" wrote:


Would it actually be worse than prolonging things as we are now, looking
for the bottom but not knowing what the bottom looks like? Wanting so
badly to start "recovering" but because we keep throwing band-aids out
there, that recovery from the bottom is further off?


In military terms, you can have an orderly retreat... or a rout.
Examples: Chosin Reservoir and Stalingrad, respectively. *The former
is bad, but the latter is far, far worse.


Dumbass -


Nice analogies.


Did you ever read "Stalingrad: the Fateful Siege" by Beevor? Pretty
goddamm epically awful conflict.


No, but I saw the movie... and the History Channel programs.




Dumbass -


Those programs were ok, but the book has a lot of first person
accounts. It's heartbreaking. So much suffering. The statistcs alone
on the casualtes (minus the anecdotal drama) are mind blowing.

Luckily for us, our guy whom you mention never managed to get into a
mess of that magntude. Not for a lack of trying.


thanks,

K. Gringioni.
 




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