Mitch we need hearings on all legislation proposed and we need to delete legislation, if a new piece of legislation is passed. We sent people to Congress to minize government not make it larger. We got the democrats bailout led by Reid, Peloski, Schuummmer, Dodd, Frank, Kerry ,and obama shoved down out throats and itt reaped the US Taxpayers., No briges, no more. Thank You for taking a stand.

So far. Glad to see he’s standing firm where he needs to.

Mitch and the rest of the Senate Republicans are the only thing standing between us and socialism lite.

I ‘m all for accountability. I wish the Republicans would have demonstrated some from ’01 to ’06, and the Democrats would shown some for the last 2 years. For some stupifying reason both Partys caved in to GW Bush. Shameful.
This leaves me curious. I could be wrong about this because I’m an infrequent reader and first time poster (forgive me if I am wrong) but I must have missed out on all the calls for accountability from ’01 to’06. Personally, I was mad at both camps on the lack of over sight for billions upon billions of unaccounted tax payer money.

Just to be upfront, I’m not trying to fool anyone here. I’m a Democrat, albeit a fairly reasonable person I’d like to think. You all can be the judge of that and I imagine you will.

One more thing…One respondent pinned the bailout solely on the Democrats. Didn’tt Bush and Paulson have to be on board also? And one final one last thing…If not a stimulus package, What is the solution to the economy?

Thanks.

The last stimulus package was so successful ….

Stimulus and government make-work does nothing to expand the economy. To expand the economy, you must reduce government’s take and burdens.

Government make-work has the same terminus, the unemployment line. Ask failed mega-stimulus President FDR how his Raw Deal was a spectacular failure for details.

8 years late is better than never. Its nice to see McConnell putting up a fight, and he needs to make it a long and hard one. The nation, especially those Reagan Democrats, will follow this closely. Not only is this going to be for more money than the TARP, but the media will be going crazy over Obama’s first significant decision as president, and discussion about it will dominate the news even more so than the Bush-Reid bailout because it will have little to no competition.
The Republicans have to attack on this. Give Obama no quarter. Force him to Pelosi and Reid. They will either drag him down with them or crush him if he dares spurn them. He has no real power, other than unfounded public support which can easily collapse under the weight of a weakening economy and lofty expectations.

You’ve got lots of answers to your comment and questions. You’ve even got some homework assignments and a movie to watch. We are more than happy to educate anyone who asks for it.

Be careful what you ask for.

To answer your question, there really is no way to avoid massive economic turmoil. The dems in the video above (as well as, yes, Bush/Paulson/McCain) made sure of that. In order to get things better, things are going to have to get worse. That is just how free markets work. There are always minor recessions in a market, but unless government gets mixed up in them, they never get as bad as they are now. But now government has gotten involved and we are going to have to pay the price. Either we just let whatever has to fail, fail now, or we will continue through the next decade pumping money into this thing via bailouts and stimulus packages. All we are doing is prolonging the inevitable, and the more we pump into it, the bigger the inevitable collapse will be.

We are going to go through a ten-year long toothache instead of just getting the root-canal and being done with it now. The only we reason we got to this point where we need the root-canal, though, is becasue of the democrat’s feel-good legislation and Bush/Paulson/McCain going along with it.

They get kind of agitated about the event afterward.

Any individual, govenrment or compay receiving “stimulus” money should be required to participate in e-verify. Anyone giving any of the money to illegal immigrants should lose ALL the money they received and no longer be eligable for future federal funds.

Isn’t he saying that if the GOP just has some input they’ll support it?

I’d rather hear him saying that the GOP is sick of bailouts and will fight every one of them tooth and nail.

We all know damn good and well that the Dems will try to steamroll the GOP here.

You non-trillionaires just don’t understand mass purchases. Buying iTunes at $0.99 each instead of $1.00 means I get 10,101,010,101 free songs for every 1,000,000,000,000 I buy. Sounds like a good deal to me.

On the serious side, a lot of businesses and wealthy individuals have given millions to the democratic party. It is like us going to the store and purchasing items. We want to get what we paid for. The difference here is THEIR purchases were made ahead of time, put on layaway, and now it is time for the democrats to give the purchaser their goods.

after reading this thread.

First, sorry it took so long to get back, over all a civil conversation.

First to those who pin the economy on one factor or entity can and should be dismissed as either biased, vitriolic or both. It’s more complex than that. For those who would blame this solely on the Left, I can just as easily disregard them as those who may blame everything on the Right. Neither is true.

Blaming it all on the CRI is far too simplistic, not to mention unreal. If the whole of the economy met it’s demise with the loaning of ill advised and unbacked money to less than 20% of loans that went bad, that would just demonstrate what a house of cards the economy was. And yes I did watch that video. Actually when it first appeared during the primaries. I thought it was simplistic propaganda then and I still hold that view. Making a U-Tube is easy, spinning it to meet your agenda is the only thing easier.

Yes…Wiki is unreliable.

Study after study shows that deterrence for crime prevention does not work. I wish it did for I have some crimes I wish were automatic executions, pedophilia, rape and heinous murder e.g.

As far as Bush’s tax cuts being made permanent, I would agree if they were applied equally across the board. They are not currently.

Cutting corporate tax would only effect the 40% or so of companies that actually pay taxes. Many of America’s largest cos. pay between 0-5% on net. Not even to mention those who are head quartered off shore to pay zero tax.
As the owner of several businesses and the major partner in a Corporation I can tell you that when a person starts a business, the first 2 people you hire is a good lawyer and a better accountant.

I don’t pretend to have thee answer but I would be willing to support a flat tax if applied to every dollar earned from whatever person or entity. I admit that I don’t know the rate to apply, somewhere between 15 and 20% seems reasonable to me. I’m still doing my home work on that one.

Thats all for now. I’ll follow up if there are any takers. See Ya, Thanks.