Bye Bye Banks and Wall Street - Page 25

BarTopDancer · 10-01-2008, 09:44 AM

Quote:

Originally Posted by Alex

I think you missed the point.

I didn't.

The billionaire who loses half his wealth can still live and has resources to not have to struggle to make ends meet (even if it means selling off stuff down the road). The administrative assistant who was laid off probably doesn't have any savings and is going to be SoL if she loses her job.

Betty · 10-01-2008, 08:38 AM

So - the new deal they are voting on now includes tax breaks and mental health provisions?

source: http://money.cnn.com/2008/09/30/news...rss_topstories

WTF is up with that? whether I agree with the add ons or not isn't really the point. Why can't they just pass the bill on it's own merits without trying to bundle it up with other stuff. This is why bridges to nowhere get built.

Not Afraid · 10-01-2008, 09:54 AM

I don't get the rancor against the wealthy. So these people did well with their careers and investments, they aren't required to suddenly become charitable organizations.

People made bad choices with loans. Lenders made bad choices in lending. The economy has always gone up and down and it will return to normal in time. This may be a larger hiccup, but this too shall pass (unlike a bail out decision with congress).

Ghoulish Delight · 10-01-2008, 01:37 PM

For anyone wondering if they'll be affected by the economic situation, this might help:

scaeagles · 10-01-2008, 04:41 PM

Oh good lord.

The senate bailout bill now includes demands that health insurers provide mental health coverage.

Riders irrelevant to the bill at hand suck, and whomever puts them there sucks, and most likely should be shot.

BarTopDancer · 10-01-2008, 04:44 PM

Quote:

Originally Posted by scaeagles

Oh good lord.

The senate bailout bill now includes demands that health insurers provide mental health coverage.

Riders irrelevant to the bill at hand suck, and whomever puts them there sucks, and most likely should be shot.

It used to include some sort of mental health coverage. I can't say it's a bad idea to force that. But it is a bad idea to force it in this particular bill.

Ghoulish Delight · 10-01-2008, 04:54 PM

Irrelevant to the bill at hand? After two weeks of dealing with that b.s., I'd be trying to pass mental health legislation too.

Ghoulish Delight · 10-02-2008, 10:58 AM

So I'm wondering - how exactly does John McCain reconcile his "I'm going to stop all pork barrel politics and earmarking," rhetoric with voting for this bill?

scaeagles · 10-02-2008, 11:18 AM

Can't.

innerSpaceman · 10-02-2008, 11:19 AM

Yep, the smelliest bill full of pork barrel earmarks that has EVER come down the pike. Bullsh!t that is nothing but pure BRIBERY to get the votes of individual House members. Tax breaks for bicycle paths. Tax breaks for Road Racing Facilities. Tax breaks for businesses owned by Samoan Americans. OM Fvcking G, it's insane.

By the way, and speaking of insanity, the mental health provision - though also designed to appease one specific House member - is the one that makes the most sense. It is NOT a mandate for insurance companies to cover mental health, but rather a mandate for those that already DO cover it to cover it equitably to their other medical coverage.

Too bad Obama also voted for this bill ... otherwise he could shove the earmarks and pork straight up McCain's patootie at the next debate.

This Bill Reeks.

$150 billion dollars of extra tax breaks heaped on top of the $700 billion dollars already misdesigned in the same mold as the problem it portends to address ... i.e., pure trickle-down voodoo.

10-01-2008, 08:38 AM	#2
Betty Kicking up my heels! Join Date: Jan 2005 Location: The Silver State Posts: 3,783	So - the new deal they are voting on now includes tax breaks and mental health provisions? source: http://money.cnn.com/2008/09/30/news...rss_topstories WTF is up with that? whether I agree with the add ons or not isn't really the point. Why can't they just pass the bill on it's own merits without trying to bundle it up with other stuff. This is why bridges to nowhere get built. __________________ Nee Stell Thue
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10-01-2008, 09:54 AM	#3
Not Afraid HI! Join Date: Jan 2005 Posts: 17,108	I don't get the rancor against the wealthy. So these people did well with their careers and investments, they aren't required to suddenly become charitable organizations. People made bad choices with loans. Lenders made bad choices in lending. The economy has always gone up and down and it will return to normal in time. This may be a larger hiccup, but this too shall pass (unlike a bail out decision with congress).
	Submit to Quotes

10-01-2008, 01:37 PM	#4
Ghoulish Delight I Floop the Pig Join Date: Jan 2005 Location: Alternative Swankstyle Posts: 19,348	For anyone wondering if they'll be affected by the economic situation, this might help: __________________ 'He who receives an idea from me, receives instruction himself without lessening mine; as he who lights his taper at mine, receives light without darkening me.' -TJ
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10-01-2008, 04:41 PM	#5
scaeagles I LIKE! Join Date: Jan 2005 Posts: 7,819	Oh good lord. The senate bailout bill now includes demands that health insurers provide mental health coverage. Riders irrelevant to the bill at hand suck, and whomever puts them there sucks, and most likely should be shot.
	Submit to Quotes

10-01-2008, 04:54 PM	#7
Ghoulish Delight I Floop the Pig Join Date: Jan 2005 Location: Alternative Swankstyle Posts: 19,348	Irrelevant to the bill at hand? After two weeks of dealing with that b.s., I'd be trying to pass mental health legislation too. __________________ 'He who receives an idea from me, receives instruction himself without lessening mine; as he who lights his taper at mine, receives light without darkening me.' -TJ
	Submit to Quotes

10-02-2008, 10:58 AM	#8
Ghoulish Delight I Floop the Pig Join Date: Jan 2005 Location: Alternative Swankstyle Posts: 19,348	So I'm wondering - how exactly does John McCain reconcile his "I'm going to stop all pork barrel politics and earmarking," rhetoric with voting for this bill? __________________ 'He who receives an idea from me, receives instruction himself without lessening mine; as he who lights his taper at mine, receives light without darkening me.' -TJ
	Submit to Quotes

10-02-2008, 11:18 AM	#9
scaeagles I LIKE! Join Date: Jan 2005 Posts: 7,819	Can't.
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10-02-2008, 11:19 AM	#10
innerSpaceman Kink of Swank Join Date: Jan 2005 Location: Inner Space Posts: 13,075	Yep, the smelliest bill full of pork barrel earmarks that has EVER come down the pike. Bullsh!t that is nothing but pure BRIBERY to get the votes of individual House members. Tax breaks for bicycle paths. Tax breaks for Road Racing Facilities. Tax breaks for businesses owned by Samoan Americans. OM Fvcking G, it's insane. By the way, and speaking of insanity, the mental health provision - though also designed to appease one specific House member - is the one that makes the most sense. It is NOT a mandate for insurance companies to cover mental health, but rather a mandate for those that already DO cover it to cover it equitably to their other medical coverage. Too bad Obama also voted for this bill ... otherwise he could shove the earmarks and pork straight up McCain's patootie at the next debate. This Bill Reeks. $150 billion dollars of extra tax breaks heaped on top of the $700 billion dollars already misdesigned in the same mold as the problem it portends to address ... i.e., pure trickle-down voodoo.
	Submit to Quotes