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  #61  
Old 09-27-2008, 07:58 PM
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Quote:
Originally Posted by PantyFanatic
I have TOTAL confidence in all figures from our Ministry of Propa..... Production.

"Manufacturing"




I see what you mean...hey, we could see a significant drop in the murder rate if we don't count the folks who needed to die anyway...
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  #62  
Old 09-27-2008, 08:03 PM
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Quote:
Originally Posted by Oldfart
osuche,

In 1975 a hostile senate refused to sign the money bills which gave the Australian Government the funds to operate. As a young public servant I was faced with the very real prospect of being unable to pay my rent and feed the wife and cat.

This created chaos for a couple of weeks.

OF, we saw a similar govt shutdown a little over a decade ago, when Slick Willie & Newt the Coot got into a staredown over the budget. Fortunately, I chose not to go into the family business of being a govt. worker drone, but the fireworks were just as spectacular to watch, even if one's own wallet wasn't the rope in that little tug o' war...
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  #63  
Old 09-27-2008, 08:06 PM
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Quote:
Originally Posted by osuche
There's a part of me that thinks this bailout is part of a neocon plot to bankrupt the US Government completely so that all social programs get canceled and the government would have to be rebuilt...in their favor.

Burn down the house and hope you get the "contract" to rebuild.

It's scary but possible.



don't mean to sound dumb...but what is a "neocon"?

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  #64  
Old 09-27-2008, 08:11 PM
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Someone freshly convicted?
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  #65  
Old 09-27-2008, 09:15 PM
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Quote:
Originally Posted by rabbit
don't mean to sound dumb...but what is a "neocon"?


Short for neo-conservative...another one of those tags created by the "liberal media", no doubt

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  #66  
Old 09-28-2008, 05:22 AM
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"My Republican vote [in the 1972 presidential election] produced little shock waves in the New York intellectual community. It didn't take long - a year or two - for the socialist writer Michael Harrington to come up with the term "neoconservative" to describe a renegade liberal like myself. To the chagrin of some of my friends, I decided to accept that term; there was no point calling myself a liberal when no one else did." [Irving Kristol, "Forty Good Years," "The Public Interest," Spring 2005]
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  #67  
Old 09-28-2008, 05:23 AM
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It is interesting that neither of the candidates has made much about what the impact of this enormous borrowing will do to their ability to start new spending programs.

They are both proposing that most of the 2001 & 2003 tax cuts be extended or made permanent. Senator Obama has proposed phasing out some exemptions & deductions for people making more than 200K pa. Senator McCain said he would consider a freeze on non-military spending to pay the costs of the bailout. I have a hard time imaging how new spending programs can be financed without additional revenues.

The predisposed conspiracy theorists should be able to have a lot of fun with this.
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  #68  
Old 09-28-2008, 09:15 AM
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I watched the debate too no need to translate what was said. And neither referenced how it will changed my dungeon either, in case you missed the part that was missing.
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  #69  
Old 09-28-2008, 09:33 AM
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Not everyone watched the debate.
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  #70  
Old 09-28-2008, 09:49 AM
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Some by choice. This thread is not about the debate. If you'd like to discuss the debate start your own thread and then the peeps who want to discuss that stuff with you can.
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  #71  
Old 09-28-2008, 10:54 AM
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From http://news.yahoo.com/s/ap/financia...LREFYiKis0N UE today: (excerpts):

The measure would create a program that lets the government spend unprecedented sums of public money to prop up tottering financial institutions by buying their sagging mortgage-based investments and other devalued assets.

A breakthrough came when Democrats agreed to incorporate a GOP demand — letting the government insure some bad home loans rather than buy them — designed to limit the amount of federal money used in the rescue.

Another important bargain, vital to attracting support from centrist Democrats and Republicans who are fiscal hawks, would require that financial firms repay the government for any losses. A leading proposal would impose a 2 percent tax on the companies if, after five years, the program had not made back what it spent.

*************************************
But, also:
"We've still got more to do to finalize it, but I think we're there," said Treasury Secretary Henry Paulson, who participated in the talks at the Capitol.

and:

Congressional leaders, who announced the tentative deal after marathon negotiations that ended early Sunday, hope to have a House vote Monday; a Senate vote would come later.
**************************************

Meaning, there's still time for various congresscritters to offer "amendments" on behalf of some interest group or other that would fuck up the deal. I'm wait and see on whether this particular deal, this particular legislation will actually do the short-term job it's designed to do.
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  #72  
Old 09-28-2008, 11:44 AM
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Quote:
Originally Posted by Lilith
... This thread is not about the debate ...

I agree with you. My comments were not about the debate, but rather on the topic of the $700B bailout, and how it will impact one of the two Senators - both of whom will be voting on the bill.
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  #73  
Old 09-28-2008, 11:56 AM
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They are 2% of the vote and you already admitted you offered up the info as not everyone watched the debate. I will not tell you again. Start your own thread if you want to engage in your style of "discussion."

We were discussing how it will impact us.
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  #74  
Old 09-28-2008, 11:59 AM
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  #75  
Old 09-28-2008, 12:00 PM
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And PF is going to have to work harder to get locked into the silky room in the dungeon.
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