OT: Emergency Buy Out

[Joshua Zeidner]

On Mon, Sep 29, 2008 at 4:43 PM, Jason Spatafore <jasons at spatafore.net> wrote:
> ----- Original Message -----
> From: "Joshua Zeidner" <jjzeidner at gmail.com>
> To: "Main PLUG discussion list" <plug-discuss at lists.plug.phoenix.az.us>
> Sent: Monday, September 29, 2008 3:12 PM
> Subject: Re: OT: Emergency Buy Out
>
>
>>  why not take the $700 billion and stimulate companies that are
>> actually based in the US?  and actually innovate, ie. the auto
>> industry?
>
> No. The auto industry failed to keep up. It is their battle to fight, not
> the taxpayers. (Keep in mind that a Ford is still ~6K cheaper than the
> import counterparts....)

  Keep in mind that a Model-T had better mileage than the average gas
mileage of modern Fords.  We need real innovation in the auto
industry.  Enough of this garbage.  jmz

>
>>
>>  why not take the $700 billion and stimulate companies that arent in
>> a race to send every job they can to Asia?  so that perhaps Americans
>> might be able to afford the tax hike this $700 billion implies?
>>
>
> No. Let's not subsidize any *non-federal* industry. Ever.
>
>
>>  why not take $100 billion and create healthcare system that isn't
>> owned by insurance companies?
>
> Yes. Healthcare is a basic need. I agree with this one. The system must be
> owned by the public (you and I).
>
>>  why not take $20 billion and build out network infrastructure?
>
> Yes. We need an infrastructure that should be cutting edge, not outdated.
> But it has to be safe, so what do you do?
>
>>  why not throw each every treasonous scumbag CEO in prison?
>
> Not all CEO's make bad decisions. Keep in mind the CFO's make the ultimate
> financial decisions in companies. And a corporation is a gamble.
>
> People have been gambling...it's time to pay the loan sharks. I've watched
> my 401k plummet 20% this year....but that doesn't matter to me because I
> know that the only people who lose money are the people who sell low.
>
> What we are seeing now is the exact same thing we saw in 2001, when the
> dot-com bubble burst. Now it's the mortgage market. In 8 more years, it will
> be some other market. But the 7 years between each burst are good
> years...let it burst, let us bounce back, let it burst again...rinse,
> lather, and repeat.
>
>
>
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