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Discussion in 'Political Debate & Discussion' started by ReformedBaptist, Oct 3, 2008.

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  1. ReformedBaptist

    ReformedBaptist Well-Known Member

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    Looks like we are getting a bailout package.
     
    #1 ReformedBaptist, Oct 3, 2008
  2. ReformedBaptist

    ReformedBaptist Well-Known Member

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    Got the bill passed. Market up over 100 poitns. Guess we will have to see how this turns out..

    RB
     
    #2 ReformedBaptist, Oct 3, 2008
  3. tinytim

    tinytim <img src =/tim2.jpg>

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    Welcome to Socialist States of America!

    Get used to it...
     
    #3 tinytim, Oct 3, 2008
  4. ReformedBaptist

    ReformedBaptist Well-Known Member

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    Did you read the bill?
     
    #4 ReformedBaptist, Oct 3, 2008
  5. tinytim

    tinytim <img src =/tim2.jpg>

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    Just finished skimming through it...
    And it looks like the Government will basically own mortgages...

    What happens if a church's mortgage is bought by the Government?
    Is it possible for the Government to own a church?

    The principle is still the same...
    Crooked people got greedy.
    People that had no business taking out loans got greedy...
    Taxpayers now have to help these greedy people or we get stiffed worse...

    Where is the help for the honest people that know how to handle money without getting greedy?

    We are moving away, (if we have not already done that today) from Capitalism to Socialism simply because the politicians has duped us into believing they have the answers to everything.

    The Congress and President has sold out our principles of Capitalism for an easy way out.

    Today set a bad precedent.
     
    #5 tinytim, Oct 3, 2008
  6. EdSutton

    EdSutton New Member

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    It appears that besides the usual daily fare of bean soup, the Congressional cafeterias must have had pork on the menu, as well, all this week.

    Or was the meal of fare was a 'turkey sandwich', for "We, the People" instead??

    (If you don't happen to know exactly what a 'turkey sandwich' is, you might PM me, EdSutton, for that definition. I suggest SALTCITYBAPTIST, or Pete or any other BB member who is or was a cabdriver, as I have been, for any length of time, could also help for the definition.)

    Ed
     
    #6 EdSutton, Oct 3, 2008
  7. ReformedBaptist

    ReformedBaptist Well-Known Member

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    Was the S&L bailout socialism? I don't see this as all that bad. And no government on earth can own a church. They may own the building your church decided to heavily leverage to purchase...and if your church doesn't make the payments, the bank or whoever the creditor is, has every right to take the asset.

    RB
     
    #7 ReformedBaptist, Oct 3, 2008
  8. NaasPreacher (C4K)

    NaasPreacher (C4K) Well-Known Member

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    You think this is bad? Ireland has a population of about 4 million. Her debt this year is right at 11 billion euro (about 15 billion dollars).

    The Dail (Parliament) this week passed a 400 billion euro (550 billion dollar) peremptory
     
    #8 NaasPreacher (C4K), Oct 3, 2008
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