Politics
Out of context: Reply #5642
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- designbot0
You know irony in all this is nobody knows if this bailout willl even work. There is no evidence to suggest it will work, experts like Warren Buffet don't even know, and the president himself is merely leaning on the expertise of those around him. Not to mention the fact that there are many top economists who think it's a horrible idea...yet somehow Obama makes it seem like it was some unanimous agreement among these experts ( I recall this in one of his pre-stimulus speeches). It is pure speculation. Honestly I think Obama combined with the media are creating an unrealistic fear in people that if we don't do something our economy will collapse overnight. It seems to me he is using the same fear tactics the Bush administration used to push the "War on Terror". Why did he feel the need to push this thing through congress so fast? The details of the bailout were not posted for congress to view until the night before it's passing. Completely irresponsible. The disturbing part is there are plenty of pet projects attached to this plan...in fact much of what I have read in the plan I don't think is going to help the economy at all. We are not dealing with Monopoly money here, this trillion+ dollars being spent will haunt us and our kids ( and maybe out kids kids) for a very long time. I can only speculate that inflation will go through the roof in a few years...and ultimately things will be much worse. I don't think anyone has the "silver bullet" solution here, but thinking that without this bailout our entire economy would simply collapse is ludicrous. Tell me how exactly we think we can spend our way out of debt? Even if this thing generates millions of jobs, and stimulates the economy like Obama is claiming, it can only end badly, The American people are still going to be left with a heaping mound of debt that frankly I don't think will ever be paid back. Though we will all be permantly effected.
- you are already in a BIG heap of debt fucking psycho.. besides why wouldnt $53 B in education help your country??Mirpour
- "fucking psycho" hahahadesignbot
- You are confusing bailout/ stimulus planukit
- I use those terms synonymously....I realize though that they are 2 separate issues.designbot
- haha ok :)Mirpour