Don't click or your IP will be banned


Hittin' The Web with the Allman Brothers Band Forum
You are not logged in

< Last Thread   Next Thread ><<  1    2    3  >>Ascending sortDescending sorting  
Author: Subject: Lots of geniuses here...

Ultimate Peach





Posts: 3070
(3165 all sites)
Registered: 12/1/2001
Status: Offline

  posted on 1/28/2009 at 01:56 PM
I've always been in line with the Libertarian beliefs. That being said, I have no clue how to fix our problem. I got laid off back in Oct from GE Healthcare. I had a 6 figure salary and was living the life. Now I'm eating mayonnaise sammiches and cutting expenses tenfold.

I have friends who still are banking it big time and they want the gov't to stay out. I have others who are terrified they will lose their home.

I guess my point is, how can anyone here in this forum, truly understand the situation we are in? I see people posting links from the left and right.

I listen to local rightwing talk radio in Charlotte and it is ridiculous.

I will admit that I have no clue how to get us out of this depression. That's my only opinion- I believe we are on the verge of a depression.

 

____________________
Put that coffee down. Coffee is for closers. I don't see any closers here.

 
Replies:

Zen Peach



Karma:
Posts: 15832
(15866 all sites)
Registered: 8/9/2002
Status: Offline

  posted on 1/28/2009 at 01:58 PM
I agree, chris. Not a one of us has a clue where this thing is headed, or how to stop it.

 

____________________


 

Peach Extraordinaire



Karma:
Posts: 4433
(4433 all sites)
Registered: 2/27/2006
Status: Offline

  posted on 1/28/2009 at 01:58 PM
quote:


I will admit that I have no clue how to get us out of this depression. That's my only opinion- I believe we are on the verge of a depression.




No we're not. BarryO's pork-laden bailout will save us all. Relax.

 

____________________
As a patriot and a loyal member of the opposition I pledge to offer our new President the very same benefit of the doubt and unwavering support that the left offered George Bush over the last eight years.

 

Zen Peach



Karma:
Posts: 67055
(67572 all sites)
Registered: 10/27/2002
Status: Offline

  posted on 1/28/2009 at 02:05 PM
Dick doesn't offer any help, just trolls by spewing his crap.

You won't find an answer in any of his posts.

 

____________________
Hittin' The Web::Hugh Duty Memorial Giveaway has begun!

RIP Hugh Duty

 

True Peach



Karma:
Posts: 11437
(11442 all sites)
Registered: 8/21/2006
Status: Offline

  posted on 1/28/2009 at 02:07 PM
I agree too Chris. I'm usually quick to give an opinion on topics, but the word I've used often on the economic crisis is usually "befuddled." If you would have told me 2 yrs ago that a Republican President would have been lobbying to bail out banks/brokerages, I would have said you're crazy. Let's hope the President's people are true geniuses.
 

Zen Peach



Karma:
Posts: 15998
(15990 all sites)
Registered: 10/13/2007
Status: Offline

  posted on 1/28/2009 at 02:10 PM
Tax cuts....A time-tested, proven way to boost the economy. It works far better than government spending ever did or ever will.

 

____________________

 

Zen Peach



Karma:
Posts: 16491
(16491 all sites)
Registered: 6/4/2004
Status: Offline

  posted on 1/28/2009 at 02:18 PM
Tax cuts, give people money to spend, get them in the habit of spending it, not a "stimulus" which is just a government budget jacked up to pay back folks.

 

____________________


R.I.P. Hugh Duty


 

Maximum Peach



Karma:
Posts: 8375
(8376 all sites)
Registered: 3/22/2006
Status: Offline

  posted on 1/28/2009 at 02:19 PM
We've over-spent for decades, both politically and personally. We've let the Fed manipulate the currency to the advantage of bankers, destroying the prospects of the average citizen. And the answers we're getting from Washington are: "trust us". But all they offer is more of the same.

As usual, Ron Paul says it far better than I ever could -

http://www.youtube.com/watch?v=zBtnkdbdfbE

 

____________________
Obamacare: To insure the uninsured, we first make the insured
uninsured and then make them pay more to be insured again,
so the original uninsured can be insured for free.

 

Peach Extraordinaire



Karma:
Posts: 4506
(4574 all sites)
Registered: 4/13/2002
Status: Offline

  posted on 1/28/2009 at 02:21 PM
quote:
Dick doesn't offer any help, just trolls by spewing his crap.

You won't find an answer in any of his posts.


He doesn't have any answers only "The sky is falling"....after voting for the worst President in US history "twice" you'd think he'd learn that he doesn't know what he's talking about....and that his politics are for the old angry white men that already have F#$%^&*()P_ed the American public time and again...But I guess those are true American values

 

____________________
Believin' is alright just don't believe in the wrong thing....Sonny Boy Williamson

 
E-Mail User

Peach Extraordinaire



Karma:
Posts: 4433
(4433 all sites)
Registered: 2/27/2006
Status: Offline

  posted on 1/28/2009 at 02:21 PM
quote:
Tax cuts....A time-tested, proven way to boost the economy. It works far better than government spending ever did or ever will.


Unfortunately the democrats are trying to buy the electorate for time immemorial via the bailouts. They know the bailouts won't accomplish anything but they're gambling the economy will right itself so they can take the credit. That's why BarryO is desperate to have 'bipartisan' support for said bailouts so the folks don't point the finger solely at democrats should the whole shebang go down the tubes.

 

____________________
As a patriot and a loyal member of the opposition I pledge to offer our new President the very same benefit of the doubt and unwavering support that the left offered George Bush over the last eight years.

 

Zen Peach



Karma:
Posts: 20227
(20241 all sites)
Registered: 9/22/2005
Status: Offline

  posted on 1/28/2009 at 02:21 PM
No clue myself. Best of luck finding new work Chris. Hope the world gets through this quickly.

 

____________________
If we practice and eye for an eye and a tooth for a tooth, soon the whole world will be blind and toothless. -Mahatma Gandhi.

 

Maximum Peach



Karma:
Posts: 8820
(8838 all sites)
Registered: 12/12/2007
Status: Offline

  posted on 1/28/2009 at 02:22 PM
quote:
I've always been in line with the Libertarian beliefs. That being said, I have no clue how to fix our problem. I got laid off back in Oct from GE Healthcare. I had a 6 figure salary and was living the life. Now I'm eating mayonnaise sammiches and cutting expenses tenfold.

I have friends who still are banking it big time and they want the gov't to stay out. I have others who are terrified they will lose their home.

I guess my point is, how can anyone here in this forum, truly understand the situation we are in? I see people posting links from the left and right.

I listen to local rightwing talk radio in Charlotte and it is ridiculous.

I will admit that I have no clue how to get us out of this depression. That's my only opinion- I believe we are on the verge of a depression.





exactly on target. every major business & economic expert or ceo i know who is honest tells me he/she has no clue what the heck they are or should be doing.we are clearly on the verge of a serious meltdown & major depression & the pain & suffering you,Chis are experiencing is spreading rapidly.

my heart breaks for every person,no matter his/her prior station in life,so long as they were honest, who wasn't stealing from or hurting others,& we are in deep **** .i pray this stops every day,but each day brings more of what Chris is experiencing.i wish you only the best & that things get better quickly for you....& the entire USA.

[Edited on 1/28/2009 by dadof2]

 

Zen Peach



Karma:
Posts: 15832
(15866 all sites)
Registered: 8/9/2002
Status: Offline

  posted on 1/28/2009 at 02:22 PM
quote:
Tax cuts....A time-tested, proven way to boost the economy. It works far better than government spending ever did or ever will.


How does a "tax cut" help a person who is unemployed and has lost their home?

I don't claim to know the answers, but Bush gave the wealthiest people in this country a big tax cut a few years ago, and look where we are. Cutting taxes doesn't do a damn thing for an unemployed person.

 

____________________


 

Zen Peach



Karma:
Posts: 27533
(27822 all sites)
Registered: 2/18/2006
Status: Offline

  posted on 1/28/2009 at 02:26 PM
All things considered, pointing out how we got in this mess is no answer.....how to get through it would be a beneficial topic. Personally.....I've put some of our money in pantry goods when they're on sale. I've no idea what to do other than go into survival mode until it's over.

 

____________________
Sometimes we can't choose the music life gives us - but we damn sure can choose how we dance!


 

Maximum Peach



Karma:
Posts: 8375
(8376 all sites)
Registered: 3/22/2006
Status: Offline

  posted on 1/28/2009 at 02:28 PM
quote:
A tax cut doesn't do much for a guy without a job. Tax cuts would not help the economy very quickly and the unemployment rate would not rise for some time.
I dunno Otie, tax cuts will get into the economy faster than much of the spending proposed from Washington.

If your income tax rate were cut in half, you'd have more money in your pocket as of the next paycheck.

If that were a business, they'd keep more money just as fast, and either hire or not fire workers. Or they might invest in something to do new things with their business. Most business will re-invest in some way, and that's usually good for jobs.

 

____________________
Obamacare: To insure the uninsured, we first make the insured
uninsured and then make them pay more to be insured again,
so the original uninsured can be insured for free.

 

True Peach



Karma:
Posts: 11437
(11442 all sites)
Registered: 8/21/2006
Status: Offline

  posted on 1/28/2009 at 02:29 PM
quote:
A tax cut doesn't do much for a guy without a job. Tax cuts would not help the economy very quickly and the unemployment rate would not rise for some time.


I saw something on ABC last night that the one advantage of tax cuts is that they enter more quickly than spending (by changed withholding). On the other hand, it was said tax cuts are more likely to be saved. The stimulus formula was every $1 in tax cuts= $0.75 in stimulus, whereas $1 in spending =$1.50 in stimulus. Again, I remain befuddled, just reporting here...

 

Peach Extraordinaire



Karma:
Posts: 4433
(4433 all sites)
Registered: 2/27/2006
Status: Offline

  posted on 1/28/2009 at 02:31 PM
The majority of time and energy spent by business in innovation in the BarryO years will be expended trying to find ways to dodge ever higher taxes. That does nothing to put people back to work.

 

____________________
As a patriot and a loyal member of the opposition I pledge to offer our new President the very same benefit of the doubt and unwavering support that the left offered George Bush over the last eight years.

 

Zen Peach



Karma:
Posts: 15832
(15866 all sites)
Registered: 8/9/2002
Status: Offline

  posted on 1/28/2009 at 02:33 PM
Again, a tax cut is no help at all to a guy who is unemployed.

 

____________________


 

Peach Extraordinaire



Karma:
Posts: 4772
(4786 all sites)
Registered: 12/5/2001
Status: Offline

  posted on 1/28/2009 at 02:35 PM
Chris. i worked at GE Healthcare for 23 years, most of my time there was in MR Service Support and MR Engineering.
I left there a little more then 2 years ago went to work for one of their MR Phased Array Coil suppliers who fortunately is also a supplier for Philips, Siemens, Toshiba and Hitachi also.
Seeing as how they are one of the major OEM's in diagnostic medical imaging the majority are going to take the anti healthcare reform stance.
Were you working at GE early in Clintons first term when Hillary was first trying to get Healthcare reform kicked off?
I personally witnessed a Senior GE manager in the MR Business referring to Hillary as the C word for trying to reform healthcare and ruin GE's profit margin in front of a group of Marketing people which included several women. Funny thing was none of the women complained most likely for fear of losing their jobs if they did.

 

____________________
"Capitalism is the extraordinary belief that the nastiest of men for the nastiest of motives will somehow work for the benefit of all". John Maynard Keynes

 

Zen Peach



Karma:
Posts: 15998
(15990 all sites)
Registered: 10/13/2007
Status: Offline

  posted on 1/28/2009 at 02:36 PM
Tax cuts inject money directly into the economy faster than any government spending bill. Why take a roundabout approach, bringing the govt "middleman" into the equation divvying out funds when and where he sees fit?

Tax cuts put spending money directly into peoples hands quickly and creates demand...As demand increases so does the prospect for job creation/retention.

 

____________________

 

Peach Extraordinaire



Karma:
Posts: 4772
(4786 all sites)
Registered: 12/5/2001
Status: Offline

  posted on 1/28/2009 at 02:40 PM
quote:
Again, a tax cut is no help at all to a guy who is unemployed.




Ex Treasury Secretary under Bush Paul O'neill got in hot water immediately with Bush for telling the Senate sub committee that more jobs don't get created because of cutting corporate taxes. Corporations don't hire more workers because of tax cuts but they will gladly take them to boost their profits.

 

____________________
"Capitalism is the extraordinary belief that the nastiest of men for the nastiest of motives will somehow work for the benefit of all". John Maynard Keynes

 

Zen Peach



Karma:
Posts: 15832
(15866 all sites)
Registered: 8/9/2002
Status: Offline

  posted on 1/28/2009 at 02:40 PM
quote:
Tax cuts inject money directly into the economy faster than any government spending bill. Why take a roundabout approach, bringing the govt "middleman" into the equation divvying out funds when and where he sees fit?

Tax cuts put spending money directly into peoples hands quickly and creates demand...As demand increases so does the prospect for job creation/retention.


How does a tax cut put money in the hands of an unemployed person?

 

____________________


 

Peach Extraordinaire



Karma:
Posts: 4433
(4433 all sites)
Registered: 2/27/2006
Status: Offline

  posted on 1/28/2009 at 02:42 PM
quote:
Tax cuts inject money directly into the economy faster than any government spending bill. Why take a roundabout approach, bringing the govt "middleman" into the equation divvying out funds when and where he sees fit?

Tax cuts put spending money directly into peoples hands quickly and creates demand...As demand increases so does the prospect for job creation/retention.


The "middleman" in this case is democrats who are only interested in securing their powerbase. They hope to do so by buying off the electorate. They are perfectly aware of the benefits of tax cuts but democrat self-interest trumps all.

 

____________________
As a patriot and a loyal member of the opposition I pledge to offer our new President the very same benefit of the doubt and unwavering support that the left offered George Bush over the last eight years.

 

Maximum Peach



Karma:
Posts: 8375
(8376 all sites)
Registered: 3/22/2006
Status: Offline

  posted on 1/28/2009 at 02:47 PM
To believe that tax cuts do not help, one would have to also believe that the state is wiser and more efficient than private citizens in using money. Please show any proof of that!

Someone referenced the media mythology that the Bush cuts just helped the rich. Bush's plan also cut real rates for the poor and middle class - something Obama is not willing to do. His plan of targeted credits shows the continued arrogance of politicians, who always think they know how to spend your money better than you do.

The only hope here is that the private sector works through this and gets healthy again. The more of their own money they can keep and focus on that mission, the faster we will see improvement. Government spending will not fix any of this. It's never done so in the past, and it won't now.

These frantic attempts by the Fed and the Treasury are blocking the necessary re-setting of values. The inflated money policies of the Fed have driven up the currecy value of things beyond their real value. They are deflating now because of those unsound money policies. Deflation is painful as hell, but trying to stop is with more debt is insane. It won't work, and may destroy the currency in the process.

Washington has no viable answers. As politicians, they always feel they have to do "something". But now, the right answer is to stop, let the inevitable take its course.

 

____________________
Obamacare: To insure the uninsured, we first make the insured
uninsured and then make them pay more to be insured again,
so the original uninsured can be insured for free.

 

Zen Peach



Karma:
Posts: 19437
(19451 all sites)
Registered: 6/9/2002
Status: Offline

  posted on 1/28/2009 at 02:52 PM
Here is the damn deal, and this isn't rocket science folks - The vast majority of jobs will be created in the private sector because, as the CEOs and those that actually run businesses well know, business, not government, is the engine of growth in this country. The answers to most of the economic troubles will not be found in government but with this country's workers and the businesses that employ them. They are the ones whose efforts and ideas will determine our economic destiny, just as they always have. It is businesses - large and small - that generate the jobs, provide the salaries, and is what American people's lives and dreams depend on. All the government can do is to help create a favorable climate in which workers can prosper, businesses can thrive, and our economy can grow. Pretty simple and basic.

DH

 

____________________

 
<<  1    2    3  >>  


Powered by XForum 1.81.1 by Trollix Software


Privacy | Terms of Service
The ALLMAN BROTHERS BAND name, The ALLMAN BROTHERS name, likenesses, logos, mushroom design and peach truck are all registered trademarks of THE ABB MERCHANDISING CO., INC. whose rights are specifically reserved. Any artwork, visual, or audio representations used on this web site CONTAINING ANY REGISTERED TRADEMARKS are under license from The ABB MERCHANDISING CO., INC. A REVOCABLE, GRATIS LICENSE IS GRANTED TO ALL REGISTERED PEACH CORP MEMBERS FOR The DOWNLOADING OF ONE COPY FOR PERSONAL USE ONLY. ANY DISTRIBUTION OR REPRODUCTION OF THE TRADEMARKS CONTAINED HEREIN ARE PROHIBITED AND ARE SPECIFICALLY RESERVED BY THE ABB MERCHANDISING CO.,INC.
site by Hittin' the Web Group with www.experiencewasabi3d.com