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TheAnvil

Auto bailout supporters! Calling all auto bailout supporters!

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america will get the hang of socialism one day,

there is enough money in the pot, more than enough, just the rogues seem to get all the goodness.

Imagine how many fingers are in the US automaker pie....

What a waste of money, shame about all the jobs though, that money could have created enough jobs in more lucrative industries!
"When the power of love overcomes the love of power, then the world will see peace." - 'Jimi' Hendrix

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that money could have created enough jobs in more lucrative industries!



Well, they better hurry up before the banks abuse the rest of 850 billion.

...or maybe they'll just benefit from the additional 1000 billion about to be printed for the upcomming stimulas package.
Your secrets are the true reflection of who you really are...

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Spot on.

Said it before, say it again - - these are dinosaur companies that were so out of tune they need to be allowed to fail. Smarter people will pick up the pieces and move forward.

When they first asked for money it was so painfully obvious that what they were asking for was only the first round. Those loan guarantees will have to be repeated 10 times over before they have any chance of survival.
" . . . the lust for power can be just as completely satisfied by suggesting people into loving their servitude as by flogging them and kicking them into obedience." -- Aldous Huxley

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>got revolution?

>>Yes. We call it "terrorism" nowadays though.



Well, what do you call it if you master the art of blowin sht up without killing people, ayerism?

Does it work?
Your secrets are the true reflection of who you really are...

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--------------------------------------------------------------------------------
In Reply To
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america will get the hang of socialism one day,

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Looks like we're rapidly getting there.



Nah you've got it back to front you silly billys,

you 'should' tax the companies and the people to support the people.

Not tax the companies and people top support the (failing) companies.

There is a good reson those companies failed and the credit crunch has nothing to do with it.
"When the power of love overcomes the love of power, then the world will see peace." - 'Jimi' Hendrix

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>The yellow bellies here in the U.S. who support socialism refuse to
>identify themselves as such.

I support socialism, and I suspect you do as well (unless you don't support cops, fire departments and roads.) I also support communism when it comes to national parks. I support capitalism as the basis of our economy. Democracy is good for some issues, but most of our laws are decided by a representative government. Some are decided by a meritocracy (the Supreme Court.)

The reason we did better than the former USSR is that we used the good parts of each system (government control of roads and cops) and not the bad (relying on people just plain wanting to work without pay.) If we ever become extremists and start with "capitalism ONLY!" or "socialism ONLY!" positions, that's when we run into trouble.

(The auto industry bailout, BTW, was still a bad idea.)

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>The yellow bellies here in the U.S. who support socialism refuse to
>identify themselves as such.

I support socialism, and I suspect you do as well (unless you don't support cops, fire departments and roads.) I also support communism when it comes to national parks. I support capitalism as the basis of our economy. Democracy is good for some issues, but most of our laws are decided by a representative government. Some are decided by a meritocracy (the Supreme Court.)

The reason we did better than the former USSR is that we used the good parts of each system (government control of roads and cops) and not the bad (relying on people just plain wanting to work without pay.) If we ever become extremists and start with "capitalism ONLY!" or "socialism ONLY!" positions, that's when we run into trouble.

(The auto industry bailout, BTW, was still a bad idea.)



You are close. The reason we triumphed over the USSR is because of our bill of rights. Freedom of speech and freedom of the press allow us to root out fraud and corruption. In any society stomps on these freedoms, fraud and corruption blooms because you cannot shine a light in the dark places that rats hide.

I don't have any way to support this theory, but it's a work in progress, if you go back and look at the history of a lot of wars, the winning side was usually the side that was least corrupt, political affiliation was not a factor. And all great empires have crumbled from the inside, like Rome, do to corruption.

As things are going right now, our government is growing so big that we are running out of flash lights. I'm sure that a lot of money is being pissed away, and it's all buried so deep in red tape that no one knows what's going on. To save our selves, we need to make our government manageable again. Just my $.02.
"There is an art, it says, or, rather, a knack to flying. The knack lies in learning how to throw yourself at the ground and miss."
Life, the Universe, and Everything

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[thick and biting sarcasm]

GREAT work spending taxpayer $$$! What a FANTASTIC return on that investment.

[/thick and biting sarcasm]

[barf]

What's your next great fucking idea? Give a tax return to somebody who doesn't pay taxes?

[barf]

Fuck dude. They bailed ouy a bunch of banks (gave money to, BOA really looks they need money) insurance co's ( rich ceo's are still laughing at you all the way to their buddies banks ) , won't tell us where a lot of the money went. But fuck the little guy.
I hold it true, whate'er befall;
I feel it, when I sorrow most;
'Tis better to have loved and lost
Than never to have loved at all.

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Somebody is starting to grow some balls



Conservatives: TARP Is Unconstitutional

Friday, January 16, 2009 1:55 PM

By: Jim Meyers




Conservatives are arguing that the $700 billion federal bailout plan is unconstitutional because it violates principles that limit the amount of power lawmakers can delegate to the executive branch.

They also maintain that the Troubled Assets Relief Program (TARP) has illegally grown beyond its original intent to bail out the financial services industry to include a bailout of the auto industry.

Robert Levy, chairman of the Cato Institute, told The New York Times that the delegation of power to the executive branch was appropriate if Congress laid down “an intelligible principle” providing clear guidelines for an agency or regulator.

“There’s no intelligible principle that I could discern,” he said.

The conservative FreedomWorks Foundation — whose chairman is former Republican House Majority Leader Dick Armey — says it plans to file a lawsuit against the bailout program.

A memorandum distributed by the group on Thursday maintained that “when Congress delegates so much authority to the executive branch with so few rules to guide its discretion, Congress unconstitutionally transfers its lawmaking power to the executive.”

The sheer size of the bailout takes it beyond other delegations of authority by Congress that have been found constitutional, according to the memorandum.

Some conservatives also believe the auto industry bailout violated the Emergency Economic Stabilization Act of 2008, which created TARP.

When the Act was passed in October, Section 102 dictated that it was specifically designed to rescue “financial institutions.”

Then on Dec. 11, the Senate struck down a deal to provide U.S. automakers with $14 billion in bridge loans.

But the administration made an end run around the Senate action when President Bush used executive authority to allocate TARP funds for the automaker bailout.

That can be seen as a violation of Article 1, Section 9 of the Constitution, which states: “No money shall be drawn from the treasury, but in consequence of appropriations made by law.”

Wayne T. Brough, FreedomWorks’ vice president for research, acknowledged that the $700 billion allocated for TARP was likely to have been spent before a challenge could make its way through the courts.

But further economic interventions were likely, he told The Times, and when they occur “it’s important that you can point to something and say, ‘Hey, guys, what you did last time was wrong.’”

© 2009 Newsmax. All rights reserved.
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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http://www.theonion.com/content/video/in_the_know_should_the_government;)
someone make it clicky!



Remarkably accurate. I like,"The sheer number of jobs created by digging the whole is worth the money."

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Stay positive and love your life.

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