Tybur6, so you’re endorsing plowing billions upon billions to housing instead of job creation? the FHA, Fannie, … is a massive ticking time bomb. we can debate what works as far as creating jobs but I would find it hard to believe how saving folks’ houses creates jobs and/or is better use of the $$$
Oh… there’s also the basic notion that we shouldn’t have to be in this mode of a Permanent Revolution of sorts. Why can’t the goal with modest profits? Why is ALL BUSINESS addicted to growth?!
WHAT IF we didn’t “grow” economically as a nation?? Please tell me what the downside would be if we had 0% growth for two decades. What if we retooled our economy to be less aggressive? Less predatory? (including predatory of fellow Americans)
The financial reform bill does nothing to address “too big too fail”. In fact Geitner was the key proponent of the mega mergers that resulted in the current, anti-competitive, mega institutions.
So… DIBS. It makes me wonder of the ENTIRE capitalist system is broken if all businesses are basically living in fear. This sounds like a lot of bullshit to me.
You make it sound like business (large publicly trades business) have nothing to do with the it we’re in today. It’s all government regulation and “surprises” that are keeping them from growing… and has nothing to do with the fact that they made their own bed and they should hop in.
And then there’s also bogeyman of the small business owner that is going to get screwed and have to close down because they claim $400,000 on their tax return… How about hire a fucking accountant or lawyer and figure out a way to deal with your business revenues in a different way than claiming them as personal income! Or stop whining because you were profitable! (better than a lot of small businesses!)
This isn’t about “confidence in the market” this is about wanting to conduct business in the same way that made you rich… nothing to do with the overall health of the economy or the nation. It’s about greed and self-centered behavior.
By Biff Champion on July 26, 2010 10:10 AM
My post is up.
No one seems to notice.
“Please tell me what the downside would be if we had 0% growth for two decades.”
Do you have a 401k or an IRA???? You won’t be retiring anytime soon.
My post is up.
Auto manufacturers?
Tybur6, so you’re endorsing plowing billions upon billions to housing instead of job creation? the FHA, Fannie, … is a massive ticking time bomb. we can debate what works as far as creating jobs but I would find it hard to believe how saving folks’ houses creates jobs and/or is better use of the $$$
Oh… there’s also the basic notion that we shouldn’t have to be in this mode of a Permanent Revolution of sorts. Why can’t the goal with modest profits? Why is ALL BUSINESS addicted to growth?!
WHAT IF we didn’t “grow” economically as a nation?? Please tell me what the downside would be if we had 0% growth for two decades. What if we retooled our economy to be less aggressive? Less predatory? (including predatory of fellow Americans)
tybur6, other than the fiancials (about 9% of the S&P) which businesses “made their own bed and now they should hop in???”
The financial reform bill does nothing to address “too big too fail”. In fact Geitner was the key proponent of the mega mergers that resulted in the current, anti-competitive, mega institutions.
So… DIBS. It makes me wonder of the ENTIRE capitalist system is broken if all businesses are basically living in fear. This sounds like a lot of bullshit to me.
You make it sound like business (large publicly trades business) have nothing to do with the it we’re in today. It’s all government regulation and “surprises” that are keeping them from growing… and has nothing to do with the fact that they made their own bed and they should hop in.
And then there’s also bogeyman of the small business owner that is going to get screwed and have to close down because they claim $400,000 on their tax return… How about hire a fucking accountant or lawyer and figure out a way to deal with your business revenues in a different way than claiming them as personal income! Or stop whining because you were profitable! (better than a lot of small businesses!)
This isn’t about “confidence in the market” this is about wanting to conduct business in the same way that made you rich… nothing to do with the overall health of the economy or the nation. It’s about greed and self-centered behavior.