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View Full Version : Proposed $1,000,000,000,000 to Wall St...absurd


disobey_the_norm
2008-10-13, 02:10
Let me put this one to you.

In what interest is it that the United States government appear to be so ready and willing to help out people that have created a (supposedly) global credit crisis?

I mean really, the U.S is already in debt and the small people that are supposed to be hurting are the ones that are paying for the bail out via their taxes...

Don't they think that One TRILLION dollars going to businesses that have already squandered billions is perhaps not the best idea ever?

The credit crisis is, simply put, people not trusting businesses and deciding they want what's theirs (their investment monies). Why is people having money such a bad thing? Isn't that what people are worried about? Not having money? Who gets hurt in all this? I'll tell you who - The businesses that mankind have decided aren't nescessary. If they were needed they'd be successful and wouldn't have lost money.

My proposal would be a claims system where anyone that feels that they deserve any cut of that 1 Trillion dollars (whether they want $1 or a billion) puts in a reason as to why they deserve it. In any case where the loss of money came about from ones own greed, they get nothing. It's no different from playing casino games. If I lose at blackjack I don't expect someone to give my money back, it was a risk I knew about going it, and anyone that didn't know the risks should never have invested money that they couldn't afford to lose.

Don't move this to Money Money Money as I want the reasons why the government want to help these leeches out, what do they get from it?

Euda
2008-10-13, 04:45
Corporations operate on the basis that they'll always continue to exist, this makes debt a part of the organization. Businesses rely upon more than consumer support, slipping into the red doesn't mean that they're unnecessary or unwarranted.

One of the simple reasons is that the government gets to support organizations that provide their citizens with jobs. Without employment, a country will stagnate at every level.

disobey_the_norm
2008-10-13, 05:13
Corporations operate on the basis that they'll always continue to exist, this makes debt a part of the organization. Businesses rely upon more than consumer support, slipping into the red doesn't mean that they're unnecessary or unwarranted.

One of the simple reasons is that the government gets to support organizations that provide their citizens with jobs. Without employment, a country will stagnate at every level.

That makes no sense

- Corporations don't need to exist, they can cut their losses and quit OR they can merge with another company OR instead of fucking around andbeating a dead horse they can embrace new indstry paths and take them...the reason that they don't is because they need to invest in research, and they skrimp every way they can thinking that it's saving money.

- Corporations start in industries already catered for without offering the consumer anything that hasn't already been offered to them, and they fail, deservedly

- Businesses DON'T need to rely on anyone but their consumers. The skewed view is because in certain countries, places like Walmart have their backs scratched whilst they cause problems. In Australia, consumers keep supermarkets viable and in the process give the government even more slush funds via General Sales Tax and even higher tax rates on Fuel and Alcohol and Tobacco Products.

You avoided my solution. People who have lost money wouldn't get any back because the auditing system would flag them as greedy pigs that took too many risks that they couldn't afford to take. The only way out of the mess is to work their asses out of debt.

I hope the US becomes the slave to countries with no outstanding foreign debt. It's like the war in Iraq, Iraq are way ahead no matter how many innocent citizens of theirs are fucked over. They are effectively costing the US billions of dollars a month. All Iraq needs to do to get the US to just fuck off is say "here have a dollar, go get it boy" and throw it into the US. "If you don't kill us we'll give you $100" OR "I'll give you $50 for your gun soldier" and shoot them with it :D and take their money back from the corpse.

easeoflife22
2008-10-13, 05:50
Whether these corporations did it on purpose or not isn't the issue. They may have purposely orchestrated this whole thing to make trillions of dollars. However, the average US citizen, as well as the rest of the world has been put over a barrel. Your choices are to bail these fuckers out of their own mess, or end up yourself in a worse mess if you don't. If this fluid money isn't put into wall st., say goodbye to the entire American economy, and as a result, the world economy will also fall. The US is a integral pillar in world finances and world security, and if your economy tanks completely, so does just about every other country. Without a world economy, world security will crumble and almost every single nation in the world will go to war. Also, many nations rely on this world economy to feed their people, like in India and China. Billions of people will die if things aren't fixed. So if you want billions to die because you think these people are greedy dinks, well that makes you an even bigger asshole and even more selfish than them. Most likely you'll also end up going to war yourself, and such a war would have huge casualty rates, so you're likely to be killed while serving. I'd rather owe money for bailing out some greedy pigs and then work to eliminate loophole that allowed them to pull this shit, than die.

disobey_the_norm
2008-10-13, 06:00
I don't understand why you, let alone we (Australians) feel we owe these people anything. Our ties in this matter reduce down to a silly trade agreement we have with you. As soon as we realise we don't need nor want your money or your products the better and the sooner Australians will invest our money in our own futures and not those of the Americans (who have fucked it up, time and time again).

I'm ragging on the U.S yes but also Australia, because we haven't learnt from our previous mistakes.

easeoflife22
2008-10-13, 07:51
I don't understand why you, let alone we (Australians) feel we owe these people anything. Our ties in this matter reduce down to a silly trade agreement we have with you. As soon as we realise we don't need nor want your money or your products the better and the sooner Australians will invest our money in our own futures and not those of the Americans (who have fucked it up, time and time again).

I'm ragging on the U.S yes but also Australia, because we haven't learnt from our previous mistakes.

Here is a reason. Your economy is stabilized against the US economy through interconnected economic systems. Work is done to make sure your currency stays within a certain value to the US dollar. What this does is it makes you competitive and stabilizes your economy and lifestyle. I'm sure you like having a vehicle, and that computer you wrote your message from, don't you? You will lose all of that if the US tanks. By being linked to the US, things like oil, the life blood of the modern economy, have a stabilized price as it's sold in US dollars. If that system of sales goes to shit, oil prices and currencies will be incredibly out of whack and chaotic almost all the time. Your economy would then destabilize and Australia would go broke. You won't have any money to invest in your own futures.

Trousersnake
2008-10-13, 08:14
Here is a reason. Your economy is stabilized against the US economy through interconnected economic systems. Work is done to make sure your currency stays within a certain value to the US dollar. What this does is it makes you competitive and stabilizes your economy and lifestyle. I'm sure you like having a vehicle, and that computer you wrote your message from, don't you? You will lose all of that if the US tanks. By being linked to the US, things like oil, the life blood of the modern economy, have a stabilized price as it's sold in US dollars. If that system of sales goes to shit, oil prices and currencies will be incredibly out of whack and chaotic almost all the time. Your economy would then destabilize and Australia would go broke. You won't have any money to invest in your own futures.

What if Oil producers decided to no longer deal with the U.S? You guys aren't going to dictate things forever. In fact we are rich with uranium and we are, afterall, a sunburnt country (solar power). I live in the Snowy Hydro electric dams backyard, hydro power yeah!!!

So uh, why do we need the US again?

Knight of blacknes
2008-10-13, 09:40
Empires rise, empires fall. Rome rose through politics, it declined deu to corruption. Napoleon rose through military power and eventually he was beaten militarily. The USA rose economically, eventually she will fall too.

vazilizaitsev89
2008-10-13, 14:19
Empires rise, empires fall. Rome rose through politics, it declined deu to corruption.

Odd, Last time I checked Rome was a military superpower and she rose to prominence and power through military conquest...

explain how rome rose through politics

Knight of blacknes
2008-10-13, 15:41
Odd, Last time I checked Rome was a military superpower and she rose to prominence and power through military conquest...

explain how rome rose through politics

That is because you were taught these things in school. And your education only focusses on a very broad perspective and is nowhere near specific enough to know reality as it is. Rome never had the manpower to conquer every enemy. Most neutral nations/powers were integrated into the empire through political agreements.

Euda
2008-10-13, 17:49
What do the Australian people directly rely upon the US to provide?

Pharmaceuticals, medical equipment, telecommunications, safety equipment for the handling of hazardous materials, and aircraft.

The US is Australia's largest trading partner. Who do you think buys your agricultural products?

---

If you want to blame someone for the current evils of international banking, you can easily blame the Templar. On an international level, they were one of the first to deal in promissory notes without deposit.

---

Are you suggesting that Australia put up protectionist barriers?

disobey_the_norm
2008-10-13, 22:17
What do the Australian people directly rely upon the US to provide?

Pharmaceuticals, medical equipment, telecommunications, safety equipment for the handling of hazardous materials, and aircraft.

The US is Australia's largest trading partner. Who do you think buys your agricultural products?

---

If you want to blame someone for the current evils of international banking, you can easily blame the Templar. On an international level, they were one of the first to deal in promissory notes without deposit.

---

Are you suggesting that Australia put up protectionist barriers?

Telecommunications from the U.S? Aircraft? Give me a break. I know QANTAS has fucked up big time by penny pinching and outsourcing their maintenance to people with no brains but yeah...It's no longer America: Fuck Yeah, it's FUCK OFF.

Who do we sell agricultural supplies to? Well I don't care to be honest. When we can produce everything (crop wise) we need in (basically) a desert of a country I don't see how we need your money...which was the whole point, and yet you dragged into this money making crap.

China and the rest of Asia is above our heads, do you think we couldn't just cut America off? The sad thing is some idiot in the nations capital thinks we have to maintain a good relationship with the US for some reason.

The sooner we learn to be self sufficient and cut off OUR lifeline to THEM, the better. They're leeching off us, they've wasted our money and (putting a little faith in my fellow countrymen) it will hopefully be not long before soon that we decide to give them the flick.

easeoflife22
2008-10-13, 23:58
Telecommunications from the U.S? Aircraft? Give me a break. I know QANTAS has fucked up big time by penny pinching and outsourcing their maintenance to people with no brains but yeah...It's no longer America: Fuck Yeah, it's FUCK OFF.

Who do we sell agricultural supplies to? Well I don't care to be honest. When we can produce everything (crop wise) we need in (basically) a desert of a country I don't see how we need your money...which was the whole point, and yet you dragged into this money making crap.

China and the rest of Asia is above our heads, do you think we couldn't just cut America off? The sad thing is some idiot in the nations capital thinks we have to maintain a good relationship with the US for some reason.

The sooner we learn to be self sufficient and cut off OUR lifeline to THEM, the better. They're leeching off us, they've wasted our money and (putting a little faith in my fellow countrymen) it will hopefully be not long before soon that we decide to give them the flick.

One word, security. World security relies on all westernized countries working together. We are stronger this way, both economically and militarily. Would you rather live in a world run by Russia and China, or the EU and the US?

Euda
2008-10-14, 01:14
It's not a question of money for you. It's a question of employment. What will the agricultural workers do when they no longer have a job?

disobey_the_norm
2008-10-14, 03:40
It's not a question of money for you. It's a question of employment. What will the agricultural workers do when they no longer have a job?

I've had this argument with my Ag-fag (lulz) friend multiple times, the same thing anyone else would do if they lost their job - Sulk like bitches and/or find a new job.

Is it really that hard to understand?

What did, I dunno, Ink Pot and Feather suppliers do when the disposable pen came out and fucked them up?

People need to re-evolve their balls back instead of relying on others to do their work for them.

You know how many times I've borrowed money from a bank? ONCE, and you know what, they picked the right (or wrong...for them) guy to lend money to. Right as in I was never once going to bail on them, and wrong as in I paid it back faster than they wanted to and they didn't make the money off me that they would have wanted. And the only reason I borrowed from the bank is because my parents in their 50's now, who have worked like idiots for 30+ years were too tight to help their son out even though I would have paid THEM money, instead of a greedy bank.

Some people eh?

disobey_the_norm
2008-10-14, 03:48
One word, security. World security relies on all westernized countries working together. We are stronger this way, both economically and militarily. Would you rather live in a world run by Russia and China, or the EU and the US?

Way I see it,

China Oppresses it's people, US invades Countries and don't know when to quit and Russia are doing exactly what I say you need to do to win a war (money + ownership of what others need (or think they do).

I said it before, I'd rather self sustained countries with no interference from annoying cunts like the US.

I'm biased against Europe solely because we have the Queens mug on our currency and the British flag on our own, why?

Also just to lighten things us, a joke I heard the other week

Q. Why isn't the Queens pussy on our stamps?
A. Because no one would lick it

^ Lulz, but it could also say her ass, and that we wouldn't kiss it, haha. No one with a brain would fight for the royal families honour (anymore...damn them) why have we helped out the US in Iraq...insanity.

Euda
2008-10-14, 16:01
I've had this argument with my Ag-fag (lulz) friend multiple times, the same thing anyone else would do if they lost their job - Sulk like bitches and/or find a new job.

Is it really that hard to understand?

What did, I dunno, Ink Pot and Feather suppliers do when the disposable pen came out and fucked them up?

People need to re-evolve their balls back instead of relying on others to do their work for them.

I agree that people should always borrow against savings when they have the chance. Your parents probably didn't have the proper financial background; if it's a trust issue, it's easy enough to write up a contract.

Changing industries isn't the easiest thing in the world. They would either have to pay for a new set of schooling or start back at the bottom. People would lose their farms and their jobs. It would destroy a way of life. The crime rate would rise and the homeless population would bloat.

Maybe there would be an exodus from Australia, there are plenty of other countries that would be happy to have a wealth of competent agricultural workers.

There is still a market for ink pot and feather suppliers, they just had to modernize. Those old organizations make an excellent pen; writes quite smoothly and the re-fills are reasonable.

Whatever the case may be, marginalizing a major sector would be an unwise move for the country.

Does the UK government and Queen play a large role in Australia? Or is it simply a historical remnant, as it is in Canada?

disobey_the_norm
2008-10-14, 22:59
Does the UK government and Queen play a large role in Australia? Or is it simply a historical remnant, as it is in Canada?

That, and 'Gen Y' and I'm sure even X and beyond don't care. We nationally recognise the anniversary of our greatest day of losses in WW1, when we took orders from Britain to basically be slain for no reason, by our sworn enemy that we had no personal gripes with, because someone took out the Royals...

If our men didn't serve "their" country (pfffft) they were consider cowards, that pride really fucked them over and got them killed.

Euda
2008-10-15, 04:38
You're bitter over a war that has few living veterans that took place in a completely political age and climate? :eek:

My family played a large part in World War 1 and it was a tragedy that the godawful thing ever began; however, it doesn't vilify Britain. People chose to fight; conscription wasn't brought in during WWI in Australia, from what I understand.

disobey_the_norm
2008-10-15, 05:41
You're bitter over a war that has few living veterans that took place in a completely political age and climate? :eek:

My family played a large part in World War 1 and it was a tragedy that the godawful thing ever began; however, it doesn't vilify Britain. People chose to fight; conscription wasn't brought in during WWI in Australia, from what I understand.

Not bitter, I just know it was stupid, and why we continue to have anything to do with them these days, I don't know.

They're no longer the mother land, we are all grown up, it's time to fuck them off...but that's another matter.