I read on page A7 of Sunday's Daily Sun that the POTUS, who has spent nearly a trillion dollars, has now asked federal workers to propose ways to help save $100 million in government spending. I didn't know whether to post this in this forum, or the "Just for Fun" forum. It's hard to comprehend a number like $1 trillion. To help illustrate, if a man was to get $1 every second, he would be $1 million richer in just 11.5 days. Continuing to get a dollar a second, it would take 32 years to become a billionaire. How long would it take to become a trillionaire??? He would have to be 32,000 years old. Saving this $100 million would be the equivalent of shaving a penny off of something that cost $100. This is who you elected as your president, folks... hope you're happy.

Originally Posted by Ooper

I read on page A7 of Sunday's Daily Sun that the POTUS, who has spent nearly a trillion dollars, has now asked federal workers to propose ways to help save $100 million in government spending. I didn't know whether to post this in this forum, or the "Just for Fun" forum. It's hard to comprehend a number like $1 trillion. To help illustrate, if a man was to get $1 every second, he would be $1 million richer in just 11.5 days. Continuing to get a dollar a second, it would take 32 years to become a billionaire. How long would it take to become a trillionaire??? He would have to be 32,000 years old. Saving this $100 million would be the equivalent of shaving a penny off of something that cost $100. This is who you elected as your president, folks... hope you're happy.

100 days or so....

The government now basically owns the credit in the country

The government bails out GM and converts stock to common so operating decisions can be made by the government

The President will now use reconcilliation on the health care stituation

The congress has passed (without reading) a "stimulus bill" that was basically earmarks and social programs.

That "stimulus bill" was also loaded with "strings" to insure that states, in particular, would be beholden to the national government.

The national debt is so high it is difficult to even describe.


With all the praising and back slapping going on, this must be what everyone wanted !!

Everyone minus at least one - me!

http://www.washingtonpost.com/wp-dyn...030702846.html

in my extreme, overt challenge to control myself after reading the following article and picture:

http://worldnetdaily.com/index.php?f...w&pageId=96138

While the article dwells on the meaning being in the eye of the beholder, they missed the biggest point of all....that anybody would do something so disrespectful or have the audacity to use the messianic connotation with Obama.
That terminology was used during his campaign...it was disgusting then...now with a picture it is more so.

BTK

Originally Posted by bimmertl

http://www.washingtonpost.com/wp-dyn...030702846.html

The article ends with "The United States will be paying the price of Iraq for decades to come. The price tag will be all the greater because we tried to ignore the laws of economics -- and the cost will grow the longer we remain."

I guess the author believes we should have shut up, turned a blind eye to everything, filled in the holes in NY, VA and PA, and just waited for the next time....

Originally Posted by SteveZ

I guess the author believes we should have shut up, turned a blind eye to everything, filled in the holes in NY, VA and PA, and just waited for the next time....

What did Iraq have to do with that?
Afghanistan...OK.
But why not Saudi Arabia....why Iraq?

Originally Posted by KayakerNC

What did Iraq have to do with that?
Afghanistan...OK.
But why not Saudi Arabia....why Iraq?

Iraq was the quartermaster. I agree that the book is still open on the Saudis as to where the money comes from.

I worked for Chrysler in the 1980s and remember that slogan "The Pride is Back America", I still have the button. More scared now than in the 1980's when we got back on our feet.....with a one billion dollar loan, that we paid back a year early...However, we had Lee Iacocca... man could Michgan (my home state) use him again.

I sure wish he was in the White House.....

Originally Posted by Campbell soup

I worked for Chrysler in the 1980s and remember that slogan "The Pride is Back America", I still have the button. More scared now than in the 1980's when we got back on our feet.....with a one billion dollar loan, that we paid back a year early...However, we had Lee Iacocca... man could Michgan (my home state) use him again.

I sure wish he was in the White House.....

With the current situation in this country, I cannot see again another Lee Iacocca.

We are in a country now where redistribution of income is the by word...no need to try and pull yourself up and be somebody. Those days, I am afraid, are over ! Being succesfull seems now to be something to be ashamed of !

Originally Posted by billethkid

in my extreme, overt challenge to control myself after reading the following article and picture:

http://worldnetdaily.com/index.php?f...w&pageId=96138

While the article dwells on the meaning being in the eye of the beholder, they missed the biggest point of all....that anybody would do something so disrespectful or have the audacity to use the messianic connotation with Obama.
That terminology was used during his campaign...it was disgusting then...now with a picture it is more so.

BTK

This is becoming very very disturbing and transcends any political differences !

Originally Posted by Bucco

With the current situation in this country, I cannot see again another Lee Iacocca.
We are in a country now where redistribution of income is the by word...no need to try and pull yourself up and be somebody. Those days, I am afraid, are over ! Being succesfull seems now to be something to be ashamed of !

Keep in mind, Lee Iacocca pulled Chrysler Corp up by the taxpayer's bootstraps. The 1979 Auto Bailout money was guaranteed by the government.
Mr Iacocca said in his 2007 book(Where Have All the Leaders Gone?) ; "Am I the only guy in this country who's fed up with what's happening? Where the hell is our outrage? We should be screaming bloody murder. We've got a gang of clueless bozos steering our ship of state right over a cliff, we've got corporate gangsters stealing us blind, and we can't even clean up after a hurricane much less build a hybrid car. But instead of getting mad, everyone sits around and nods their heads when the politicians say, "Stay the course." Stay the course? You've got to be kidding. This is America, not the damned Titanic. I'll give you a sound bite: Throw the bums out!"

Originally Posted by KayakerNC

Keep in mind, Lee Iacocca pulled Chrysler Corp up by the taxpayer's bootstraps. The 1979 Auto Bailout money was guaranteed by the government.
Mr Iacocca said in his 2007 book(Where Have All the Leaders Gone?) ; "Am I the only guy in this country who's fed up with what's happening? Where the hell is our outrage? We should be screaming bloody murder. We've got a gang of clueless bozos steering our ship of state right over a cliff, we've got corporate gangsters stealing us blind, and we can't even clean up after a hurricane much less build a hybrid car. But instead of getting mad, everyone sits around and nods their heads when the politicians say, "Stay the course." Stay the course? You've got to be kidding. This is America, not the damned Titanic. I'll give you a sound bite: Throw the bums out!"

I agree with his comments in 2007 and not sure what that has to do with CAMPBELLSOUP comments !!!

This is still a country of re distribute the income and there will be no more of those guys who made it with hard work and dedication...it is not worth it.

If you are not politically correct and involved with the government you are dubbed a "bad guy" !!

I am not cannonizing Lee....I met him and his father a few times....but he was a straight talking free market guy. He had a lot of issues with the Bush administration and most of them were legit. He did NOT borrow money from the government, at least I dont think so...he simply wanted their backing which led to funds as I recall !!!

Originally Posted by Bucco

With the current situation in this country, I cannot see again another Lee Iacocca.

We are in a country now where redistribution of income is the by word...no need to try and pull yourself up and be somebody. Those days, I am afraid, are over ! Being successful seems now to be something to be ashamed of !

Bucco is right, we probably won't see another innovator like Iacocca coming from the CEO "CLASS"- In fact, the ACTUAL "redistribution" of wealth is the fully-documented obscene surge of CEO, management and Board compensation compared to the average American worker over the past 20 years.

CEO's and Boards are no longer concerned with innovation, rather they are more concerned with monopolies through Mergers and Aquisitions. THAT is the real income redistribution and class warfare that no-so-"Free Marketeers" would hoodwink the American people with. Class warfare from Free Marketeers are what is really choking off innovation, competition, capitalism and free enterprise.

"Being successful seems now to be something to be ashamed of." Well, if you look at the WANTON financial rape that CEO's and their Boards are perpetrating, THEY should be ashamed!

Iacocca, Sam Walton, Bill Gates, Buffett and other innovators should make as much as they possibly want to/or can. On the other hand, the incestuous relationship between CEO's and their Boards has bred a newer job category- "Professional CEO." These individuals may or may not be entrepreneurial, but their job classification makes them virtually immune to that criteria. Let's not even get started with trust funders like the 5 Walton Children and their "hard earned" 7 billion dollar (each) inheritances.

The real class war begins with corporate CEO shills. Take Robert Nardelli- who, fired from his $129 million debacle as CEO Home Depot, now runs Chrysler- into the ground. The argument was that Nardelli was not part of a public corporation (Chrysler went private in 2007)- but look who's got to bail them out now.

Making all of this "Socialist redistribution" crap even more offensive to intelligent people is the fact that stock options and payouts are taxed as Capital Gains rates,not as regular income. Guess who wants to eliminate the Capital Gains tax? Hint: It's not the "Socialist Redistributionists."

To make it even more offensive? Some corporate officers are offered compensation at "off-shore" tax rates- like zero percent in Grand Cayman or Luxembourg. While the IRA has cracked down on this, we've seen that large corporations are not always the most trustworthy when dealing with their P & L statements,or their compensation disclosures. Do we blame the poor schmoe who works for $10 an hour on an assembly line... or Enron or AIG or Citibank for this long-brewing economic crisis?

So folks, when you hear from the rear end of the horse how the "noble" front end of the horse can't "pull itself up and be somebody," consider the sources, generally speaking. Class warfare has been waged since Rome had slaves- and generally speaking, Rome always wins! Put blame for this where it belongs. Fortunately, the American people saw through the horse, uh, stuff, and bounced the greediest shills out of office. The problem, the Demcorats who replaced them are virtually identically indentured to those same Big Business warriors.

By the way- some interesting- and incontrovertible- statistics:

According to the U.S.Bureau of Labor Statistics:

In 1965, U.S. CEOs in major companies earned 24 times more than an average worker; this ratio grew to 35X in 1978, to 71X in 1989, and 143X in 2002.

In 2005 that figure was a whopping 262 times the average worker!

If you guys want to complain about schemes for "income redistribution" let's have a little honesty in the room.

During the same period in 2004, Japanese executives earned, on average 11times that of the Japanese worker, and in Germany CEO's earned 14X more. Neither of these countries have any of the "Socialist" redistribution systems that not-so-free-marketeers use as a diversion from their obscene apologetics of U.S. corporate executive greed.

Originally Posted by Bucco

This is becoming very very disturbing and transcends any political differences !

Thanks Bucco- you said it. Unfortunately, this artist, who seems to be a nobody, figured out how to draw attention to his own mediocre work. He doesn't exist in the art world- but he is an illustrator.

Take a look at the quality of his "work" - 50's pulp interpretations- and see how mediocrity makes national headlines. Sadly, the "Art World" will suddenly value him as some avant garde genius, just like the jerk who put a crucifix in a "jar."

http://www.dantuonoarts.com/pn.html