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Topic: Where does it stop?
AndrewAV's photo
Tue 03/24/09 10:08 PM
http://www.npr.org/templates/story/story.php?storyId=102306389

Geithner proposed new regulations today that would essentially give him the full authority to seize any institution that has potential to fail. Unlimited, unabated authority. The fact is, the government is not one to "negotiate." Odds are, any company that is taken over would "renegotiate" with those with a vested political interest and let the rest burn.

Government has no place in the market. I understand that the result of the failure of a company like AIG would have serious repercussions, but those in the Obama are using potential economic failure like Dubya's administration used terrorists - to seize liberties. The stake in companies being bailed out was a test - those in the company had to decide to take the money. Under this, the government could seize any company they wish with no prior approval. We must stand up against this dangerous prescient. This is just the foot in the door to nationalization of the financial industry.

browns8127's photo
Tue 03/24/09 10:10 PM
it stops with the sickle and hammer

Thomas3474's photo
Tue 03/24/09 10:13 PM
Hardly news considering Obama is a Marxist.He wants government to be in control of everything from the hospitals to the banks.

yellowrose10's photo
Tue 03/24/09 10:13 PM
it doesn't stop because people believe them

Winx's photo
Tue 03/24/09 10:15 PM

Hardly news considering Obama is a Marxist.He wants government to be in control of everything from the hospitals to the banks.


He is not a Marxist.

Winx's photo
Tue 03/24/09 10:19 PM

http://www.npr.org/templates/story/story.php?storyId=102306389

Geithner proposed new regulations today that would essentially give him the full authority to seize any institution that has potential to fail. Unlimited, unabated authority. The fact is, the government is not one to "negotiate." Odds are, any company that is taken over would "renegotiate" with those with a vested political interest and let the rest burn.

Government has no place in the market. I understand that the result of the failure of a company like AIG would have serious repercussions, but those in the Obama are using potential economic failure like Dubya's administration used terrorists - to seize liberties. The stake in companies being bailed out was a test - those in the company had to decide to take the money. Under this, the government could seize any company they wish with no prior approval. We must stand up against this dangerous prescient. This is just the foot in the door to nationalization of the financial industry.


Well, it's only at the proposal stage now. It sounds like he's panicking about our economic crisis to me.

Thomas3474's photo
Tue 03/24/09 10:21 PM

it doesn't stop because people believe them


Yes that is a interesting point.Recently I was having a discussion with a family member on gun rights.She said the government will never be able to take away our guns.Although I know this is true I also know there is enough stupid people out there to pass laws banning guns in cities.I believe there is already 8-10 large cities where it is illegal to own any sort of gun.A few years ago the idea of not being able to smoke in a bar would be absurd.But it starts with one city banning it,then a bigger city banning it,then the whole state,and so on.It could happen with guns also.Let's just hope California breaks off and sinks into the ocean as many of these stupid laws start in this armpit state.

Thomas3474's photo
Tue 03/24/09 10:21 PM


Hardly news considering Obama is a Marxist.He wants government to be in control of everything from the hospitals to the banks.


He is not a Marxist.


That's a laugh! laugh

Wow Winx you gotta be either drunk or pulling my leg saying that one.

AndrewAV's photo
Tue 03/24/09 10:23 PM


http://www.npr.org/templates/story/story.php?storyId=102306389

Geithner proposed new regulations today that would essentially give him the full authority to seize any institution that has potential to fail. Unlimited, unabated authority. The fact is, the government is not one to "negotiate." Odds are, any company that is taken over would "renegotiate" with those with a vested political interest and let the rest burn.

Government has no place in the market. I understand that the result of the failure of a company like AIG would have serious repercussions, but those in the Obama are using potential economic failure like Dubya's administration used terrorists - to seize liberties. The stake in companies being bailed out was a test - those in the company had to decide to take the money. Under this, the government could seize any company they wish with no prior approval. We must stand up against this dangerous prescient. This is just the foot in the door to nationalization of the financial industry.


Well, it's only at the proposal stage now. It sounds like he's panicking about our economic crisis to me.


I think they know exactly what they're doing. They may not be marxist (I agree with you there) but they are trying to expand the federal government's power beyond all prior limits. This is all part of a master plan. Our emotions were taken advantage of and "we" (not willingly over here) gave us our civil liberties almost 8 years ago with the Patriot Act - my how we so soon forget.

Winx's photo
Tue 03/24/09 10:26 PM



Hardly news considering Obama is a Marxist.He wants government to be in control of everything from the hospitals to the banks.


He is not a Marxist.


That's a laugh! laugh

Wow Winx you gotta be either drunk or pulling my leg saying that one.


huh

yellowrose10's photo
Tue 03/24/09 10:26 PM
i'm not well versed on Marxism so that I don't know about. but the government does NOT need to seize companies that have a "potenital" to fail. the government does not need that much power. I wouldn't want Geithner to balance my check book let alone give him more power

nogames39's photo
Tue 03/24/09 10:28 PM

... the failure of a company like AIG ...


Should we look at the beginning of AIG? That is a history so dirty, no one wants to know.

Winx's photo
Tue 03/24/09 10:29 PM



http://www.npr.org/templates/story/story.php?storyId=102306389

Geithner proposed new regulations today that would essentially give him the full authority to seize any institution that has potential to fail. Unlimited, unabated authority. The fact is, the government is not one to "negotiate." Odds are, any company that is taken over would "renegotiate" with those with a vested political interest and let the rest burn.

Government has no place in the market. I understand that the result of the failure of a company like AIG would have serious repercussions, but those in the Obama are using potential economic failure like Dubya's administration used terrorists - to seize liberties. The stake in companies being bailed out was a test - those in the company had to decide to take the money. Under this, the government could seize any company they wish with no prior approval. We must stand up against this dangerous prescient. This is just the foot in the door to nationalization of the financial industry.


Well, it's only at the proposal stage now. It sounds like he's panicking about our economic crisis to me.


I think they know exactly what they're doing. They may not be marxist (I agree with you there) but they are trying to expand the federal government's power beyond all prior limits. This is all part of a master plan. Our emotions were taken advantage of and "we" (not willingly over here) gave us our civil liberties almost 8 years ago with the Patriot Act - my how we so soon forget.


It IS something to keep our eyes on, Andrew.

No, I won't forget that Patriot Act. I'm just thinking that they could be thinking of desperate moves to try to help keep the economy from getting worse.

Dragoness's photo
Tue 03/24/09 10:31 PM

http://www.npr.org/templates/story/story.php?storyId=102306389

Geithner proposed new regulations today that would essentially give him the full authority to seize any institution that has potential to fail. Unlimited, unabated authority. The fact is, the government is not one to "negotiate." Odds are, any company that is taken over would "renegotiate" with those with a vested political interest and let the rest burn.

Government has no place in the market. I understand that the result of the failure of a company like AIG would have serious repercussions, but those in the Obama are using potential economic failure like Dubya's administration used terrorists - to seize liberties. The stake in companies being bailed out was a test - those in the company had to decide to take the money. Under this, the government could seize any company they wish with no prior approval. We must stand up against this dangerous prescient. This is just the foot in the door to nationalization of the financial industry.


They, Obama included have said already they do not want the government running these companies. All decisions at this level will be temporary. I guess folks do not listen or understand sometimes.

Dragoness's photo
Tue 03/24/09 10:31 PM

Hardly news considering Obama is a Marxist.He wants government to be in control of everything from the hospitals to the banks.


This isn't true.

AndrewAV's photo
Tue 03/24/09 10:32 PM




http://www.npr.org/templates/story/story.php?storyId=102306389

Geithner proposed new regulations today that would essentially give him the full authority to seize any institution that has potential to fail. Unlimited, unabated authority. The fact is, the government is not one to "negotiate." Odds are, any company that is taken over would "renegotiate" with those with a vested political interest and let the rest burn.

Government has no place in the market. I understand that the result of the failure of a company like AIG would have serious repercussions, but those in the Obama are using potential economic failure like Dubya's administration used terrorists - to seize liberties. The stake in companies being bailed out was a test - those in the company had to decide to take the money. Under this, the government could seize any company they wish with no prior approval. We must stand up against this dangerous prescient. This is just the foot in the door to nationalization of the financial industry.


Well, it's only at the proposal stage now. It sounds like he's panicking about our economic crisis to me.


I think they know exactly what they're doing. They may not be marxist (I agree with you there) but they are trying to expand the federal government's power beyond all prior limits. This is all part of a master plan. Our emotions were taken advantage of and "we" (not willingly over here) gave us our civil liberties almost 8 years ago with the Patriot Act - my how we so soon forget.


It IS something to keep our eyes on, Andrew.

No, I won't forget that Patriot Act. I'm just thinking that they could be thinking of desperate moves to try to help keep the economy from getting worse.


AIG is proof that throwing money at a company is not the way to fix a problem. We're so far in at this point and no better than when we started. Desperation and panic are not the traits of a good leader. We need stability. If geithner cannot provide it, he needs to step down.

Dragoness's photo
Tue 03/24/09 10:32 PM

i'm not well versed on Marxism so that I don't know about. but the government does NOT need to seize companies that have a "potenital" to fail. the government does not need that much power. I wouldn't want Geithner to balance my check book let alone give him more power


It is not accurate so don't get too worked up.

yellowrose10's photo
Tue 03/24/09 10:34 PM


i'm not well versed on Marxism so that I don't know about. but the government does NOT need to seize companies that have a "potenital" to fail. the government does not need that much power. I wouldn't want Geithner to balance my check book let alone give him more power


It is not accurate so don't get too worked up.


what isn't accurate....and ummm...i'm sitting here very calmly so i'm not getting worked up over anything. temporary or not....the government does not need that much power

AndrewAV's photo
Tue 03/24/09 10:39 PM


http://www.npr.org/templates/story/story.php?storyId=102306389

Geithner proposed new regulations today that would essentially give him the full authority to seize any institution that has potential to fail. Unlimited, unabated authority. The fact is, the government is not one to "negotiate." Odds are, any company that is taken over would "renegotiate" with those with a vested political interest and let the rest burn.

Government has no place in the market. I understand that the result of the failure of a company like AIG would have serious repercussions, but those in the Obama are using potential economic failure like Dubya's administration used terrorists - to seize liberties. The stake in companies being bailed out was a test - those in the company had to decide to take the money. Under this, the government could seize any company they wish with no prior approval. We must stand up against this dangerous prescient. This is just the foot in the door to nationalization of the financial industry.


They, Obama included have said already they do not want the government running these companies. All decisions at this level will be temporary. I guess folks do not listen or understand sometimes.


Then why even propose it? That is the problem. If that is the case, Obama needs to issue a statement tomorrow that that is not the intentions of his administration and Geithner needs a new plan.

AndrewAV's photo
Tue 03/24/09 10:47 PM



i'm not well versed on Marxism so that I don't know about. but the government does NOT need to seize companies that have a "potenital" to fail. the government does not need that much power. I wouldn't want Geithner to balance my check book let alone give him more power


It is not accurate so don't get too worked up.


what isn't accurate....and ummm...i'm sitting here very calmly so i'm not getting worked up over anything. temporary or not....the government does not need that much power


Marx was one of the original proponents of what became communism.

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