Fed launches Two Trillion Dollar bailout

[Snow Fairy Sugar]

Originally Posted by Ah Beng I the Pikabeng

Good point. The policies are screwed, and chances are it's the Republican party's fault.

The Republicans want stimuli (Plural of stimulus, or incentives) to be in the economy for.. obvious reasons. Democrats are like "Lets pay all their bills, down to their fluffy pink bunny slippers!" J.M. Keynes specifically said stimulus not bailout. And the Democrats quoting him have conveniently misunderstood him inspite of quoting him. Republicans are doing the right thing for the economy.

http://en.wikipedia.org/wiki/Keynesian_economics

According to Keynesian economics the state should stimulate economic growth and improve stability in the private sector - through, for example, interest rates, taxation and public projects.

Originally Posted by Neo Pikachu

Unions and free trade agreements don't mix. If these companies like Ford and GM get this bailout package, its basically going to go to they can pay off their union workers.

And guys, don't put too much faith and heart on Obama. Too many people are thinking the guy can somehow work miracles just with his presence...

Obama's no better. Seriously, Democrats have started quoting Keynesian policies...they don't seem to understand the difference between incentives and bailout. :| And one of the biggest failures is Obama.

I wish Obama'd shut up. He can help the economy a lot by taking a blanket and hiding under it with his mouth shut. Neo, you had a point from the start, I'm wondering if his "Change" is hogwash, although I won't write him off...yet. But he's off to a really miserable start.

[Ah Beng I the Pikabeng]

Originally Posted by Neo Pikachu

Unions and free trade agreements don't mix. If these companies like Ford and GM get this bailout package, its basically going to go to they can pay off their union workers.

And guys, don't put too much faith and heart on Obama. Too many people are thinking the guy can somehow work miracles just with his presence...

I expected that from a Republican...

Also, just as many people are thinking that he should never have been voted for.

Originally Posted by Snow Fairy Sugar

The Republicans want stimuli (Plural of stimulus, or incentives) to be in the economy for.. obvious reasons. Democrats are like "Lets pay all their bills, down to their fluffy pink bunny slippers!" J.M. Keynes specifically said stimulus not bailout. And the Democrats quoting him have conveniently misunderstood him inspite of quoting him. Republicans are doing the right thing for the economy.

http://en.wikipedia.org/wiki/Keynesian_economics

According to Keynesian economics the state should stimulate economic growth and improve stability in the private sector - through, for example, interest rates, taxation and public projects.
Obama's no better. Seriously, Democrats have started quoting Keynesian policies...they don't seem to understand the difference between incentives and bailout. :| And one of the biggest failures is Obama.

I wish Obama'd shut up. He can help the economy a lot by taking a blanket and hiding under it with his mouth shut. Neo, you had a point from the start, I'm wondering if his "Change" is hogwash, although I won't write him off...yet. But he's off to a really miserable start.

Let's just wait to see if Obama actually does what he promises. Then we'll start talking about him. Oh, that applies to both the Democrat and Republican parties too.