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Why you should vote for Obama if you care at all about internet openness.

#391KillerTrufflePosted 11/7/2012 12:56:13 AM
From: odm0154 | #389
i am so sad that jill stein lost. she was america's only hope other than Gary Johnson and Ron Paul.

You didn't vote for Roseann?
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#392Snacks23Posted 11/7/2012 1:03:08 AM
KillerTruffle posted...
Have you seen anything about Detroit in the last few years? Considering it was the hub of the auto industry and it's nothing but a wasteland now, I'd say that's pretty good evidence the industry *did* collapse, and was largely held up by life support from the government, which has, as Snacks pointed out, simply "kicked the can down the road" rather than actually rebuilding anything. The bulk of bailout funds went straight into the pockets of the very company directors that were responsible for getting them into the mess in the first place. Rather than putting the money into fixing the *company*, most of it was used to give themselves bonuses.

As I said, yeah, the first round of that nonsense was Bush, but Obama did it too, and more excessively. Because obviously if something doesn't work right the first time, the solution is do it again, but go even *more* overboard.




this


there reaches a point where you have to realize that you have hit what is a realistic rock bottom. I mean, what worse could happen to Detroit? Constant riots and wanton murder in the streets? Would that have really happened if Obama didn't bailout the auto companies or if Romney was elected? Or would the people have lost jobs they already didn't even have?
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#393LoveSheepPosted 11/7/2012 6:07:14 AM
The bulk of the bailout went to the unions. Chrysler bond holders lost everything. Obama is a strait up political hack.
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#394Zerol09Posted 11/7/2012 6:14:56 AM
Why you should vote for Obama if you care at all about PC gaming.


Fix'ed
#395SilentHawk29Posted 11/7/2012 7:40:47 AM
From: KillerTruffle | #390
Have you seen anything about Detroit in the last few years? Considering it was the hub of the auto industry and it's nothing but a wasteland now, I'd say that's pretty good evidence the industry *did* collapse, and was largely held up by life support from the government, which has, as Snacks pointed out, simply "kicked the can down the road" rather than actually rebuilding anything. The bulk of bailout funds went straight into the pockets of the very company directors that were responsible for getting them into the mess in the first place. Rather than putting the money into fixing the *company*, most of it was used to give themselves bonuses.

As I said, yeah, the first round of that nonsense was Bush, but Obama did it too, and more excessively. Because obviously if something doesn't work right the first time, the solution is do it again, but go even *more* overboard.

It "collapsed" yet still has many people still working in the union. If they ended up going bankrupt, majority of them would be without jobs. These are people that have more than likely been in the union their whole lives as well as most of their family. Who would hire them when the unemployment rate is already high? Also, vehicles are one of the few things that we export to other countries. Having Chrysler and GM go bankrupt would welcome a whole bunch of issues that affect the economy. It may have "kicked the can down the road," but they do need to stay afloat with our economy the way it is now.
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#396ThescyyPosted 11/7/2012 8:23:51 AM(edited)
lol at people thinking that Bushes economic policies had more to do with the 2008 collapse than the feds and other nations central banks monetary policies. Hint, they were doing the same thing under Clinton.

SilentHawk29 posted...
From: KillerTruffle | #390
Have you seen anything about Detroit in the last few years? Considering it was the hub of the auto industry and it's nothing but a wasteland now, I'd say that's pretty good evidence the industry *did* collapse, and was largely held up by life support from the government, which has, as Snacks pointed out, simply "kicked the can down the road" rather than actually rebuilding anything. The bulk of bailout funds went straight into the pockets of the very company directors that were responsible for getting them into the mess in the first place. Rather than putting the money into fixing the *company*, most of it was used to give themselves bonuses.

As I said, yeah, the first round of that nonsense was Bush, but Obama did it too, and more excessively. Because obviously if something doesn't work right the first time, the solution is do it again, but go even *more* overboard.

It "collapsed" yet still has many people still working in the union. If they ended up going bankrupt, majority of them would be without jobs. These are people that have more than likely been in the union their whole lives as well as most of their family. Who would hire them when the unemployment rate is already high? Also, vehicles are one of the few things that we export to other countries. Having Chrysler and GM go bankrupt would welcome a whole bunch of issues that affect the economy. It may have "kicked the can down the road," but they do need to stay afloat with our economy the way it is now.


It's called moral hazards, when you remove the risks in capitalism you just encourage them to make bigger risks. Just look at what the big banks are already back to doing around the world, hell they are even more leveraged now than they were going into the 2008 collapse.
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#397odm0154Posted 11/7/2012 8:46:31 AM
KillerTruffle posted...
From: odm0154 | #389
i am so sad that jill stein lost. she was america's only hope other than Gary Johnson and Ron Paul.

You didn't vote for Roseann?


I didn't want to throw my vote away
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#398KillerTrufflePosted 11/7/2012 9:41:12 AM
From: Thescyy | #396
It's called moral hazards, when you remove the risks in capitalism you just encourage them to make bigger risks. Just look at what the big banks are already back to doing around the world, hell they are even more leveraged now than they were going into the 2008 collapse.

Exactly this. These CEOs/company boards were taking gigantic, stupid risks and just terribly managing their companies in general. Banks making obviously risky loans and stuff... If you get it in their heads that the government loves them so much they will refuse to let the company actually fold, you even *further* remove the sense of danger and basically give them a free hand to do anything regardless of how stupid it is. Bailouts are nothing but a blank check to do any stupid thing they want. It was a terrible idea of Bush's, but Obama pushed it even farther.
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#399SilentHawk29Posted 11/7/2012 10:08:39 AM
So you would rather have a loss of over one million jobs and the potential crash of the American automotive industry? Note that Ford also uses most of the same suppliers that Chrysler and GM use so Ford would potentially be crippled as well.

I imagine if he didn't bailout the companies and they did collapse, you'd have another argument up your sleeves about how Obama let the market crash and caused the loss of more jobs.
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#400SythisTaruPosted 11/7/2012 10:10:25 AM
Time to choose something different. Something impossible.... Time to choose Rapture.