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Old 09-26-2009, 07:39 PM   #1 (permalink)
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Default Count to $787,000,000,000

That's right, our most recent bailout was $787 BILLION. Just to put that into perspective, try counting to it.
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Old 09-26-2009, 07:57 PM   #2 (permalink)
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What was bailed out?
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Old 09-26-2009, 07:59 PM   #3 (permalink)
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No, the question is, what WASN'T.
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Old 09-26-2009, 08:00 PM   #4 (permalink)
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COSTOFWAR.COM - The Cost of War

I'd rather spend money on improving the American economy than destroying a foreign one
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Old 09-26-2009, 08:41 PM   #5 (permalink)
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COSTOFWAR.COM - The Cost of War

I'd rather spend money on improving the American economy than destroying a foreign one
where is this money coming from??..and what are they really fighting for?
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Old 09-26-2009, 08:49 PM   #6 (permalink)
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Nurta, unfortunately the main economy in Afghanistan is opium, and the bailout didn't really improve the American economy.
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Old 09-26-2009, 09:05 PM   #7 (permalink)
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Nurta, unfortunately the main economy in Afghanistan is opium, and the bailout didn't really improve the American economy.
And in recent years the opium production in Afganistan has drastically increased. Great use of money there.

And what numbers do you have to prove it won't improve it? Considering it was just passed, and to be accurate, it's not a bail out, it's a stimulus package, The Stimulus Plan: How to Spend $787 Billion - The New York Times What in there is in any way a bailout? And I find it hard to believe that letting major banking groups fail would have helped the economy.

If you want proof that government stimulus helps a depression, look at the new deal.
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Old 09-26-2009, 09:07 PM   #8 (permalink)
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The New Deal, according to many experts, actually prolonged the Depression.
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Old 09-26-2009, 09:13 PM   #9 (permalink)
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The New Deal, according to many experts, actually prolonged the Depression.
The Holocaust, according to many experts, never happened. There's 'experts' on every extreme on every issue. A majority of experts disagree.
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Old 09-26-2009, 11:10 PM   #10 (permalink)
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where is this money coming from??..and what are they really fighting for?
If you are asking about Iraq and Afghanistan, the money is coming from everyone who pays taxes. They are fighting to try to defeat "terrorism".
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Old 09-27-2009, 04:48 PM   #11 (permalink)
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The Holocaust, according to many experts, never happened. There's 'experts' on every extreme on every issue. A majority of experts disagree.
Wow, way to play it from a low angle.

Economists have stated that the New Deal prolonged the depression.

But way to play it low. You get a cookie.

Comparing the slaughter of millions to an economic depression to make a counterpoint.

Score one for you.

Not to mention I figured you of all people would know about the intricacies of the New Deal, and what it did to the economy when it was in play.
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Old 09-27-2009, 05:25 PM   #12 (permalink)
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The New Deal did prolong the economy. Had there not been World War II, who knows if the economy would've recovered (at least not quickly)? While I agree that it's really not good to let banks fail... the government is wasting money. At this point, every single person in America, from the moment they are born, would have to pay 32,000 dollars in order to pay off the national debt. I think that number is absurd. That's like everyone giving the government a decent luxury or sports car.





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Old 09-27-2009, 08:48 PM   #13 (permalink)
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Wow, way to play it from a low angle.

Economists have stated that the New Deal prolonged the depression.

But way to play it low. You get a cookie.

Comparing the slaughter of millions to an economic depression to make a counterpoint.

Score one for you.

Not to mention I figured you of all people would know about the intricacies of the New Deal, and what it did to the economy when it was in play.


Yeah, because I was comparing the great depression to the holocaust, right, I wasn't comparing historical view of the existence of the holocaust to the historical view of the effectiveness of the New Deal. Not like I could have said "JFK's assasination" or "Whether Lincoln did the right thing" with the exact same effect and just happened to say holocaust because it came to my mind first. Not at all...

I know that the economy falls into a recession because of too little spending caused by human nature and our tendency to hoard money if we thnk there's a risk of future hard times. Modern economy is the exchange of currency, nothing more. It gets complicated sure, but complexity is jsut simplicity multiplied. I also know that before the New Deal, the economy was only getting worse, then the New Deal started and it got better. Then the war started, and expanded government spending even more, and it got better even quicker. Sure you can argue causation vs correlation, but it being correlation makes no logical sense to me. It's better to try and fail than to hope it gets better on its own. I have heard no alternative to stimulus packages other than do nothing and hope everything works out

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Old 09-27-2009, 11:05 PM   #14 (permalink)
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The New Deal did prolong the economy. Had there not been World War II, who knows if the economy would've recovered (at least not quickly)? While I agree that it's really not good to let banks fail... the government is wasting money. At this point, every single person in America, from the moment they are born, would have to pay 32,000 dollars in order to pay off the national debt. I think that number is absurd. That's like everyone giving the government a decent luxury or sports car.
Do you think letting the economy get worse would help pay off that debt? Also, while $32,000 might seem like a lot of money, assuming an average life expectancy of 75 years, each American would only have to pay about $1.17 per day. As it is, many Americans spend $3+ per day on Starbucks coffee, $2+ per day on cigarettes, and/or $10+ at a bar on the weekends. That is not absurd at all, right?

I think it is absurd that Americans have let their government rack up their debt, then as soon as their government wants to improve their country, some of them coincidentally decide that their debt is too large to spend any more money. Too many Americans can only see what is in front of their faces instead of the whole picture.

The U.S. Government playing "World Police" is a waste of money. Improving its infrastructure is not. By comparison to other industrialized countries, your transportation, education, and social services (among several other things) are not up to par. These deficiencies have a negative impact on your economy as well as your quality of living. The impact will only get worse as long as Americans (as a whole) are not willing to do what is needed by making the improvements that are necessary.
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Old 09-28-2009, 03:15 PM   #15 (permalink)
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Yeah, because I was comparing the great depression to the holocaust, right, I wasn't comparing historical view of the existence of the holocaust to the historical view of the effectiveness of the New Deal. Not like I could have said "JFK's assasination" or "Whether Lincoln did the right thing" with the exact same effect and just happened to say holocaust because it came to my mind first. Not at all...
There is that aspect but choosing the Holocaust to use is an example is like if someone stated:

Lyndon Johnson was a good man, most people say so.

With the response of:

Joseph Stalin was a good man, most people say so.

Now, you may have only meant it on a historical point but it also can be taken as a veiled attack.

Not to mention that fact that there is little historical evidence that contradicts the existence of the Holocaust, while there is evidence that does concur with the initial viewpoint that the New Deal prolonged the depression.

BUT, by pulling the Holocaust out, it makes it seem as if you are eliminating his statement by equivocating with the Holocaust comparison.

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I think it is absurd that Americans have let their government rack up their debt, then as soon as their government wants to improve their country, some of them coincidentally decide that their debt is too large to spend any more money. Too many Americans can only see what is in front of their faces instead of the whole picture.
The problem is in the big picture no one wants to put ducats where they belong especially those in Congress on both sides of that aisle. Neither one is the holy saint, but all are pretty much the devil or the lesser devil.

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The U.S. Government playing "World Police" is a waste of money.
Indeed it is, but the World pitches a big tantrum when the United States DOESN'T get involved. The country is in practically a perpetual Catch 22 with world situations. We are either sought to solve problems, send money, send supplies, or told to go here or there.

If the U.S. took an isolationist move you would be guaranteed to hear bitching about such a move in a year or quite even less.

Sucks to have the history of being the one who will come to another aid as part of the Country's history, but what do you do?


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Improving its infrastructure is not.
A stimulus bill got passed, and only a pittance or less gets used for anything even remotely infrastructure related... I don't think either party has the right to claim being better in this area at all.

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By comparison to other industrialized countries, your transportation,
Hmm? Public depends on a market being there for a city. Highways are pretty decent, local roads are a pain but that is due to the way local government handles them, which doesn't matter for jack, since it is local problems, and not every place is equal.

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education,
A country that takes the results from all schools, and submits them versus countries that only submit results from their best schools. Really fair comparison. Plus not all schools are bad, but one can easily find where the bad ones are... look for poorer districts, and poor inner city districts. It is due to a lack of funding, and the environment of that district.

As for Colleges, last I checked, U.S. colleges were still ranked the highest. As I jokingly always say... which country has M.I.T.?

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These deficiencies have a negative impact on your economy as well as your quality of living. The impact will only get worse as long as Americans (as a whole) are not willing to do what is needed by making the improvements that are necessary.
It may get worse in the inner cities, and poor districts but the rest will be unaffected, however the problem is that the poor districts have an increasing gap when it comes to their being able to attend higher level education.

However, the people are becoming restless against the Government that chooses to do nothing, but spend money for pet projects, and in the wrong areas, that eventually something might get done. Though I think they will just get sucked in by the two culprits...

Republican or Democrat,pick your poison.

Though there really isn't a country that is the best off at the moment... except for China.

Which has to really do with the crux of North America's and Europe's problem...

Too much consumer not enough producer.
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Old 09-28-2009, 05:57 PM   #16 (permalink)
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There is that aspect but choosing the Holocaust to use is an example is like if someone stated:

Lyndon Johnson was a good man, most people say so.

With the response of:

Joseph Stalin was a good man, most people say so.

Now, you may have only meant it on a historical point but it also can be taken as a veiled attack.

...

BUT, by pulling the Holocaust out, it makes it seem as if you are eliminating his statement by equivocating with the Holocaust comparison.
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Putting words into my post that aren't there.
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Old 09-28-2009, 06:28 PM   #17 (permalink)
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BUT, by pulling the Holocaust out, it makes it seem as if you are eliminating his statement by equivocating with the Holocaust comparison.
Read it, digest it.

No words were inserted in.
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Old 09-28-2009, 08:30 PM   #18 (permalink)
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Read it, digest it.

No words were inserted in.
As many words were inserted in here as the other thread. Your post in the other thread made it seem like you were saying your link was a better source than mine. The point is, I didn't intend to compare the holocaust in severity with the great depression and you didn't intend to "upstage" the source. We misinterpreted eachother. Fair?
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