What Would a Conservative Do?

[NCVol]

Instead of putting band-aids on bullet wounds with these stimulous plans and crap like Cash for Clunkers, they should have taken that money and put it into programs to build or repair our roads, build low-cost housing, and other things to create jobs and fill needs. Instead, they created these programs that only did a small amount of good for a few months and then disappeared, but the existing problems still remained.

NCVol, I'm not talking about CEO's that have worked their way up various ladders and ran huge corporations. I'm talking about people that started with nothing and created their own, successful business from having nothing. Those types seem to understand how to operate and grow from having nothing or already being way deep in the hole.

I agree, but who supported infrastructure spending?  It sure as heck wasn't the GOP.  And a lot of that money ended up going to states and to the GOP plan of tax cuts for any problem.  I'd love it and support the GOP if they got on board with a big U.S. investment in infrastructure as their plan for dealing with this crisis.

The real problem with the stimulus is the economic dunces hired by Obama thought that we were in a typical recession, and if they just bought a little time, employment would come around, the economy would be on a big upswing by now, and all would be good for the midterms.  They didn't EVER and apparently still don't understand the depth of the depression.  Or if they do understand, they're unwilling to say they understand.  Same with the Fed.  They keep getting "shocked, shocked I tell you" that unemployment is still worsening, the housing market is worsening, profits are not growing, and we're still mired deep into the worst recession since the Great Depression.  Of course, lots of reality based folks have been saying and predicting exactly what we ARE seeing, they just were frozen out of the discussions at the WH and the Fed. 

In other words, being right means of course that you have no influence on policy.  And being wrong, over and over again, catastrophically wrong, but friendly to the Wall Street types, means you get promoted into the most influential economic positions on the planet, like Summers, and Geithner, and Bernanke.  All of them, provably wrong on the economy and deeply involved in decision making from the late 1990s on that LED to the crisis.  And they are who Obama is turning to for his economic planning ideas.  Mind boggling. 

[NCVol]

Here's a nice report.

A new report concludes that chief executives of the 50 firms that have laid off the most workers since the onset of the economic crisis in 2008 took home 42 percent more pay in 2009 than their peers at other large U.S. companies.

The report, from the Institute of Policy Studies, found that the 50 layoff leaders received $12 million on average in 2009, compared with an average compensation of $8.5 million for chief executives of companies in Standard & Poor's 500. Each of the 50 companies examined in the report laid off at least 3,000 workers between November 2008 and April 2010.
....
Those CEOs include HP’s Hurd, who slashed 6,400 jobs in 2009 — a year when his compensation amounted to $24.2 million.

What a system.  Destroy thousands of jobs, get millions in bonuses...  It's called "increasing productivity" aka slashing wages and benefits for American workers and trying to squeeze more blood out of the workers who remain.  

Hurd got fired, but what the hell does he care.  $24 million is a nice payday for a failed CEO who destroyed the lives of thousands of his employees. 

[Just Win]

Here's a nice report.

What a system. Destroy thousands of jobs, get millions in bonuses...  It's called "increasing productivity" aka slashing wages and benefits for American workers and trying to squeeze more blood out of the workers who remain.  

Hurd got fired, but what the hell does he care.  $24 million is a nice payday for a failed CEO who destroyed the lives of thousands of his employees.  

Intresting video link =

http://www.liveleak.com/view?i=ceb_1222986734

   


Sure sounds like someone is laying illogical underlying foundation to blame others for the ramifications of the Obama/Pelosi/Reid China-Debt Jobs Stimulus Bill passed last year. Notice how they will not even mention the centerpiece of their legislative accomplishments, the Democrat Obama Socialized Medicine Bill. Intresting.It is so strong you can cut it with a Knife. The lefties on the board are coming apart at the stitches. They have been getting kookier by the day the last few weeks or so. I wonder if it because we are moving closer to the November elections and they know they have lost so they are starting to lay the illogical foundation to blame others for the disaster the Obama/Reid/Pelosi China-Debt Jobs Stimulus Bill?





The Obama unemployment numbers from his Department of Labor

[NCVol]

Nice video.  It's a decent point that maybe Raines should have been prosecuted.  But then the video fails to mention the heads of GS, CITI, JPM, and many, many others who ran fraudulent operations, made out like bandits, and weren't prosecuted.  Then it goes on and blames AIG and Lehman Brothers on Fannie and Freddie.  Explain that to me.  How does Fannie and Freddie contribute to the collapse of AIG, who lost by writing insurance on derivatives they couldn't pay off?  I think their business plan was accept premiums on insurance policies and pretend that there was not actually anything insured that would EVER suffer a loss.  It's a helluva damn insurance company that pretends that they'll never have to pay off any claim, I can tell you that much.  Or Lehman, whose major sin seems to be they competed with Paulson's old firm GS and did NOT have a former CEO in the WH at the time they were divvying up the financial system and trillions in Fed and Treasury money?

Explain that to me, because I don't get it.

While you're at it, answer the question.  WWaCD to fix this economy.  We know what you're against, what are you FOR? 

[Flummoxed Lummox]

While you're at it, answer the question.  WWaCD to fix this economy.  We know what you're against, what are you FOR?

NC Vol,

Good luck getting a responsive answer from the SCREAMER. As you point out, the SCREAMER can tell you what he doesn't like. But when it comes to real solutions to economic problems, the SCREAMER can't offer any concrete answers, other than tax cuts for multimillionaires.