ASA early out numbers?

[crj567]

?



One of the biggest messes in our history was created, doing nothing would have made it worse.

Yep-
It was created by all this "home ownership is a right" crap from Barney Frank Freddie and Fannie et al......

-Not Bush's fault.

 

[sXeflyer]

I guess you just found out about your bonus compared to that of your peers at Skywest!

Yeah for comparos what did the SW guys get for bonuses this week?? Asa cpt 6yrs about 85 hrs a month-- $755 gross $411 take home.
F'n government and their sticky fingers!!

 

[JustaNumber]

One of the biggest messes in our history was created, doing nothing would have made it worse.

There is no logic in this line of reasoning, as in, "well we had to do something!" Remember reading in history class about a little medical procedure called "leeching"? If someone got sick, a doctor was summoned to attach blood-sucking leeches to the patient. The reasoning was, these are the best experts of our time; we have to do something; doing nothing would have made it worse!" Actually, the bloodletting procedure killed far more people than would have died if nothing was done.

"One of the biggest messes in history" was created by giving millions of mortgages to those who had no chance of repaying them, thus artificially increasing the value of everyone's real estate. That value never truly existed, because there was no real money backing those mortgages. When homeowners "cashed out" during the bubble using the fake inflated values, hundreds of billions of dollars entered and built up the economy. But when the scam unravelled, all the fake value disappeared. The appropriate thing to do in that situation would have been to let the economy fall back to where it should have been. Trying to restimulate the economy with hundreds of billions of dollars that also don't exist (it's just printed money) is just inviting the situation to repeat.

To say "we needed to do something" is also clearly disproven, because only about 4% of the stimulus money has even hit the economy yet, although the economy is starting to stabilize on it's own. What will happen when the other 96% of the $787 billion hits the economy? It's like if you were playing monopoly and after you get going, you decided to throw in all the cash from a spare monopoly game. Since the amount of property didn't change, the cost of everything on the board would immediately get bid up to twice it's original cost. It's called hyperinflation and it's what we can look forward to. Only, the Federal Reserve has the power to (and will) jack up interest rates through the roof to cause an artificial recession when this happens, thus keeping inflation under control. What you're left with will be "stagflation" (astronomical interest rates, moderate inflation, zero economic growth, and extreme unemployment). The same idiots who caused our economic mess will be making it far worse. Whereas, if the government had never "done something" just to say they did something, we actually might have had a chance at real recovery.

This stuff is not rocket science, guys.

 

[TOOL CRIB]

Yeah for comparos what did the SW guys get for bonuses this week?? Asa cpt 6yrs about 85 hrs a month-- $755 gross $411 take home.
F'n government and their sticky fingers!!

Easy way to fix that, there is an option to have 100% of your perf plus bonus go into your 401K. Not taxed. Of course, you get 0 take home but the govt gets nothing!

 

[crj567]

Easy way to fix that, there is an option to have 100% of your perf plus bonus go into your 401K. Not taxed. Of course, you get 0 take home but the govt gets nothing!

Ummm.....

Yeah-Baraq can't wait to get his fingers in that cookie jar. Our 401ks will probably be confiscated before we retire. (The govt. will "take care" of our money far better than we coud.)

 

[gator_hater]

Ummm.....

Yeah-Baraq can't wait to get his fingers in that cookie jar. Our 401ks will probably be confiscated before we retire. (The govt. will "take care" of our money far better than we coud.)

Hopefully sooner than later. There would be no quicker way to change our 535 congressmen and 100 senators. Right now I'll donate my 401k to that cause. It ain't that much compared to what this group had already committed me and my grandchildren to paying over the next 4 generations.

 

[COOPERVANE]

WOW.....just wow

 

[crj567]

WOW.....just wow

They really will try and go after everyone's retirement plans.... The Clintons already tried a "surcharge" idea, which failed dramatically. Hopefully, these new clowns will not succeed, but don't kid yourself into thinking they wouldn't do that if they had the votes.

 

[LazyLightnin']

They really will try and go after everyone's retirement plans.... The Clintons already tried a "surcharge" idea, which failed dramatically. Hopefully, these new clowns will not succeed, but don't kid yourself into thinking they wouldn't do that if they had the votes.

They'd better do it the next 3 years, because that greasy mofo is out in 2012.

 

[crj567]

They'd better do it the next 3 years, because that greasy mofo is out in 2012.

Copy DAT!