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Presidential Speech

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Old Sep 24, 2008 | 07:44 PM
  #11  
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I listened to it, and surprisingly, he didn't sound like a complete idiot.


I'm pretty torn on the topic. I'm honestly all for more government regulation (i.e. setting up a structure of rules that prohibit idiocy and taking advantage of people), but I barely trust the government to run its day to day business, much less run major financial institutions on the side.
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Old Sep 24, 2008 | 07:47 PM
  #12  
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Welcome to socialism my friends.

Private profits, public failure...it's the wave of the future and this sets the precedent.
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Old Sep 24, 2008 | 07:50 PM
  #13  
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Originally Posted by Nightshade
Welcome to socialism my friends.

Private profits, public failure...it's the wave of the future and this sets the precedent.
We can always hope congress says fack no. There is some pretty solid bipartisan opposition to the plan right now.
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Old Sep 24, 2008 | 07:58 PM
  #14  
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Instead of paying out 700b in bailouts, they should just divide that among every 18+ tax payer in the country.

that would help the economy far more than this bailout.
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Old Sep 24, 2008 | 07:58 PM
  #15  
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Originally Posted by Nightshade
Welcome to socialism my friends.

Private profits, public failure...it's the wave of the future and this sets the precedent.
true shit!
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Old Sep 24, 2008 | 08:02 PM
  #16  
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Originally Posted by spanky
Instead of paying out 700b in bailouts, they should just divide that among every 18+ tax payer in the country.

that would help the economy far more than this bailout.
Thats $2500 per person, holy shit, that really puts it into perspective what giant chunk of money that is.
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Old Sep 24, 2008 | 08:06 PM
  #17  
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Originally Posted by white_n_slow
Thats $2500 per person, holy shit, that really puts it into perspective what giant chunk of money that is.
yeah great idea especially considering that is a per person accounting not including single income families which would make the cost multiply. It also doesn't take into account that not every person over 18 actually pays their taxes so compound that in the average.

There are more exceptions that make that average look more like $7k+ per person rather than per household
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Old Sep 24, 2008 | 08:09 PM
  #18  
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yeah, I just did total population, not taxpayers. That shit is scary...
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Old Sep 24, 2008 | 08:15 PM
  #19  
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Originally Posted by white_n_slow
Thats $2500 per person, holy shit, that really puts it into perspective what giant chunk of money that is.
I heard its actually going to come out to around 7k per person....ridiculous

edit* didn't read johns post...already said it h:

Last edited by FLAT_LINER; Sep 24, 2008 at 08:16 PM.
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Old Sep 25, 2008 | 03:16 AM
  #20  
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in for my 7k.
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