I am thinking early '80 ... right after the 2nd oil embargo ('78). Drove oil up (not was far as now...but think dollar for dollar) oil like crazy and drove petroleum products sky high. The boating industry starting cheapening boats...less fiberglass more marine wood
But it is bad now!!!!!
I agree...Nobama isn't a capitalist IN ANY SENSE of the word, and what he is doing right now frankly worries the chit out of me...
I am getting ready to start a terrific business that will help thousands of small businesses across the country, but am very worried about increased taxes, and just Nobama's hands being out, in general....Its like I am waiting for the other shoe to drop...
Healthcare reform? Look, I don't like paying $3500 for my health insurance each year, but my carrier, my plan, and even whether or not I am going to have insurance is MY decision, NOT Nobama's....Sorry, but that is bull$****...Who does he think he is to DICTATE to me, a 36 year old grown man, what I have to do...? Uggghhhhh....
It is people that have good businesses, and run them sensibly, that are ultimately going to have no choice in shouldering this rediculous financial burden to straighten this country out...Nobama has said repeatedly that he feels its ok that anyone making some money can "pay a little more, and thats ok"? WTF? I can't come up with ONE logical, sensible way to find that fair in any way!
Here is the BIG problem with this. As a group (people that make a nice living):
WE weren't the people that defaulted on the rediculous sub-prime mortgages that banks handed out like free condoms to 7th graders...But anyone making a nice living in this country is going to take it in the A$$ to pay for it...Fair?
WE didn't contribute to the problems with AIG, or the banks that GAVE these loans, either...but again, anyone that makes a nice living in this country is going to take it in the A$$ to pay for it...Fair?
WE didn't have anything to do with the demise of the auto makers...They clearly did THAT to themselves by not being able to compete with the other car companies that entered the marketplace...While all auto sales are hurting bad, you don't see Honda, Toyota, Nisan, or anyone else screaming for help, do you? And by the way, before someone goes of on a tangent, the U.S. models of these cars ARE built here in the U.S. by workers who earn a decent & competitive wage, NOT by spoiled Union Workers who just traded the security of their future for the Presidency Of The United States. Now, I haven't got much against unions, but screwing all of their secured creditors (guys like you and me who bought their bonds...) and give a sweetheart deal to the unions deal was completely obscene...Now, that being said, if you are a union worker that benefits from this, I am glad that you and your family now have better security from this...It wasn't your fault that this happened to the rest of us, but it IS the fault of the Union leaders & Nobama, clearly...And once again, I'll spare the A$$ analogy, but you get my point....
We need a fair tax, and that is the only solution...Let us pay a 23% tax on the things that we CHOOSE to buy, and that % be the same whether you make $30,000/yr. or $1,000,000/yr.
Oh, and NOBAMA, if I am going to take it in the A$$ from you some more, can you please stop raising the taxes on petroleum so that I can afford the Vaseline this time?
Last edited by Moving2Miami; 07-05-2009 at 12:58 AM.
As for the banks, the gov't needs to stay the [email protected] out of it...For those of us who lost a business in 2008-2009 because of an indirect result of the banks getting clobbered (or any other reason, for that matter...), what did Nobama do to bail US out...? WE had employees that needed their jobs saved, too....Oh, wait, we didn't all go to the polls and vote for him....I see now...Gimme a F'n break...If a business fails, another will start...Its capitalism....Oh, wait, you don't want that either....lol
If a business like GM, Chrysler, AIG, Citibank, and Bank Of America can't stay in business because they made terrible decisions, then let them fail...Why should you and I have to pay for it when we had nothng to do with it?
Some say that if you let the auto makers fail, that hundreds of thousands of people would lose their jobs....Isn't that happening now anyway?
But American's arent going to stop buying cars...They are just buying cars that are made better, and are more competitive in price...If you were to lose GM and Chrysler as we know them today, it would be obvious to even the most mentally challenged people in Washington (wow, thats a strectch, though...) that these same workers who worked at GM and/or Chrysler would find work at new, or other car companies that saw an increase in sales, or maybe because as a people, contrary to whay the government thinks, we are prety smart and resourceful...Maybe some of them would take control of their own future and start a business, or find work in another industry...whatever.
Then, there is the sad but true results...Of course, a small % of these people would end up having it pretty tough if they didn't bounce back from it, but in reality, why should every other American, their kids, and even their grandkids have to pay for it..IT ISN'T OUR F'N PROBLEM! (sorry...I just get pissed about this...)
And the banks? Do most of you realize that the Gov't FORCED most of them to take the TARP money? They weren't able to say no! And worse, last month when several banks told Nobama to shove it, here is your $$$ back, they couldn't give it back? This is a fact...This guy just likes to spend, spend, spend...It's WORSE than anything I have ever seen...Hopefully in 2010 we as a people will wake the [email protected] up and re-take 61 seats in Washington and just fire EVERY spending bill he presents down...Even if he pulls a Schwartzenegger and says that he will veto their bills until they play ball with him, I'd frankly rather see Washington in a total stalemate then until 2012 when we can get someone in office that knows how to run this country...At least the bleeding would stop...
The bottom line is this....The United States Of America is the largest "corporation" in the world, with the largest "revenues" and "expenses" of ANY "corporation." As such, it should be run by a real, experienced, and successful CEO that understands this.
Last edited by Moving2Miami; 07-05-2009 at 01:07 AM.
Moving to Miami, perfectly said, and that is my point. People, including Obama supporters, are going to realize soon what an empty suit this guy is and then turn on him. The media is already showing cracks. The only chance the country has is to balance out the congress in 2010. WE did it before in 1994. Here is to hoping it happens again!
Now, I am headed off to the Sarasota race!
As someone in the auto industry, you can always tell when someone without a clue starts ranting on it.
The auto industry has not been capitalism since day one. Gov't regulations telling you what must be built (CAFE) and what safety must be in (TPMS for example) that consumers WON'T pay for is not capitalism. Further, in a global market place where your competitors don't have the same burdens are allowed to sell here with no penalty (but you cant on their home turf) is not capitalism. So, while all the regulations and global tarriffs exist, the auto industry has been FAR from capitalism.
Also, if you think the foreign makes haven't been receiving gov't support from the beginning, you again are unaware. Bank of Japan has been loaning to Japanese, not to mention the massive tarriffs keeping out competition, or keeping the yen low to make massive profits. So, although the Big 3 have made plenty of mistakes, your assertion that they failed entirely on their own is complete BS But that's the difference in most country's, they show PRIDE in their products rather than ignorantly bashing them and hoping they fail.
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