Another Bad-News Day, For "conservatives"

[Mr. Shaman]

Clinton is not Obama.....

What REALLY scares-the-Hell outta Republicans is that.....Obama will be another CLINTON!!!!!

We've heard all the Republican whining & crying, BEFORE!!!


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[BigRob]

Yeah....ya' heard-about-it?​

It's been done......by the same people.​

Have you even read Obama's proposed budget. His promise to "cut the deficit in half" still results in a deficit as large as the largest Bush one, and to get to this goal he assumes growth in the economy that no other group is predicting.

 

[Mr. Shaman]

That little-experiment of Allowing The Marketplace To Regulate Itself has run-it's-course.....and, created a worldwide economic-meltdown. Whatta shame it wasn't the nuclear-energy industry that was the "straw" that broke the "conservatives'" "backs".

Now....Regulation by TAXPAYERS is the Rule-Of-The-Day!!!!

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"The trustees representing the U.S. public's majority stake in American International Group flexed their collective muscle yesterday, making good on a promise to seek a shakeup of the company's board of directors.

The troubled insurance giant announced six new nominees to its board, at least five of whom were selected by the federally appointed trustees. The group's members, who for months have operated largely outside the public eye, told a congressional committee last week that they intended to overhaul AIG's board.

"We've spent considerable effort focused on AIG's board of directors -- how it functions, what skills the board members have and how those skills fit with the needs of a company in AIG's extraordinary circumstances," Douglas Foshee, a trustee and chief executive of El Paso Corp., told lawmakers. "We've come to the conclusion that if AIG is to succeed, it needs a fresh start -- a reset, if you will -- a reset in the eyes of Congress, the American public and other important constituencies."

 

[PLC1]

That little-experiment of Allowing The Marketplace To Regulate Itself has run-it's-course.....and, created a worldwide economic-meltdown. Whatta shame it wasn't the nuclear-energy industry that was the "straw" that broke the "conservatives'" "backs".

Now....Regulation by TAXPAYERS is the Rule-Of-The-Day!!!!

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I wonder what might have happened had we simply allowed AIG, GM, el. al. to declare bankruptcy and regroup, without spending a few trillion dollars we don't have to "bail them out"?

I suppose we'll never know.

Meanwhile, the government and its deficits just keep getting bigger and bigger.

Oh, well, we'll just print more money with more zeros. No problem at all. Many of the South American countries have done it. Germany did it at one point. Just look at how well it turned out for them.