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Since when are the Democrats the party of the big corporations?
All the sudden, the Democrats are the ones that want to run to the rescue of all the big corporations with all these bail outs. What the hell man? I say screw them, if they messed up, GM - See ya. Ford - you're done. Bank of (Insert name here) - Nice knowin ya! Let them go, we could have used that $1 Trillion in bailout money to pay for unemployment and welfare after all of these companies vanish.
Seenit - as of 2006, Bush can't do stuff without Democratic support in Congress, so you try again.
15 Answers
- 1 decade agoFavorite Answer
Excellent question from someone who obviously has a functional grasp of economics. You didn't vote Obama, did you? (Oh you hater, you! You must be racist, too!)
If we would have just allowed the ill-managed lenders to get into real trouble and not interfere with them in the form of our ridiculous bail outs, the recession would have been far shallower that it is now going to turn out to be. It's like getting the flu. Don't medicate yourself - just get the nasty fever, feel like crap, then get over it.
Now the car manufacturers will be on the dole. We will reward their stupid management practices and ludicrous wages with free money. I say we let them take a dump. Like there's not a rich investment group out there who would not come swooping in with bucket loads of money to buy Ford at fire sale prices? You'd have the UAW under control again, wages back to where reality resides, and a more competitive product too.
And if a car factory flat out closes, then the goverment can do something actually beneficial for green needs and turn these car factories into wind generator factories, solar panel manufacturers, etc. You want energy independence? Start there!
This bailing everyone out because things didn't work is childish. I cannot believe how stupid this country has become. It's like a parent of a teen who just keeps buying his idiot kid a new car every time he wraps it around another tree. Instead of making the kid ride a bike or bus, he just enables him to continue in the bad decision making by throwing more money at the problem.
- JethroLv 47 years ago
I only have disdain for the Republican party.
They pushed the people can give as much as they want.
Making corporations into people? I was dead set against both of the laws because now the banks and corporations (some who don't pay taxes and even worse get subsidies).
Most corporations have had record years and the still refuse to kick another 3% into the kitty. That's lust for money and they will burn in hell.
- Anonymous1 decade ago
Nobody with any sense wants to get rid of big corporations.
They should be kept from taking power over the nation for their own peculiar advantages, at the expense of everyone else (which is what the large corporations would do if given the opportunity). But to destroy them would be very counterproductive.
Neither should they be allowed to fail, if it means long term hardships for large numbers of people.
That may be the case with the auto companies, far more than with AIG or the other big financial firms for which Bush proposed, and got, a far larger bailout.
Personally I would have forgone a lot of the financial sector bailouts a lot sooner than this one. The auto industry bailout may be good for something.
I'd certainly rather use the money to save real jobs than use it later to provide handouts to the people made refugees in the aftermath.
- 1 decade ago
Where the hell have you been? Did you honestly believe BullRock would risk getting his head blown off and go against the global corporations that put him in office and actually stick up for the American people? Just look what happened last time anyone tried to do this, JFK, MLK, RFK, Malcolm X!
Things have been this way for probably, nearly 100 years. Woodrow Wilson was a DEMONcrat, wasn't he? He founded the Federal Reserve System and helped get the Federal Reserve Act of 1913 passed, didn't he?
Do some research and look at what these Nazi Demon Pig F_cks who run this country and the world have been up to. They will never stop until they snuff most of us out and control the world or we wake up and hang em all!
Source(s): google Carroll Quigley, Cecil Rhoades, Bill Clinton, Frederic Bastiat-1850 "The Law",Alex Jone's infowars.com, gcnlive.com, thepowerhour.com, Arron Russo's "America-Freedom to Fascism", "Zeitgeist-The Federal Reserve" utube - How do you think about the answers? You can sign in to vote the answer.
- Anonymous1 decade ago
They always have been for big business-they only claim they are not when it comes to election time.
They also are very much pro-war-when the war is in their interests. Look at the history books. People associate Vietnam with Nixon when actually it was Kennedy who got America involved in that war and Johnson who expanded it. Not to mention all the military actions Clinton took against other countries (Bosnia/Kosovo/Air strikes over Iraq)
- wpgeezerLv 51 decade ago
they approved $700mil emergency bank bailout money, now they are having trouble spending (hiding) that much, so they are spreading it around. Obama approves of it because he couldn't vote against it during his campaign, it would have lost him the election. Now he has to spend it, or admit he shouldn't have voted for it. It is republican's taking advantage of an election year they knew they couldn't win. They are forcing his actions. That is what politics is all about, if you cant win, blame it on the other guy.
- 5 years ago
NO ... It was deregulation not government intervention in business that brought us to this point . Democrat and republican politicians are equally responsible for letting the greedy business people do this to the economy and the American public.
- Anonymous1 decade ago
"You cannot lift the wage earner by pulling down the wage payer; You cannot strengthen the weak by weakening the strong; You cannot keep out of trouble by spending more than you earn; You cannot help men by doing for them what they can and should do for themselves".....(From the Ten Cannots, 1916)
- Anonymous1 decade ago
Reagan bribed some Democrats into this global monarchy.
They are not perfectly clean. Obama wants citizens to rise up and point out the offenders. Leaders of both parties need to be accountable if they were traitors and sold out the US for personal profit.
- Anonymous1 decade ago
I agree except the part about using the money for unemployment and welfare.