Obama regime back-peddling on comment made about nationalizing American banks

[Stevo]

The federal government is in talks to beef up its ownership stake in Citigroup to as much as 40 percent of the company's common stock, the Wall Street Journal reported Sunday—just days after the Obama administration said it didn't want to nationalize America's largest banks.

http://news.yahoo.com/s/politico/19165

EDIT: for those that don't know, a rumor of this happening is what sent stocks sliding last Friday, get ready to see the market's downward spiral today.

Stevo

[fast83]

i predict alot of back-peddling in the near future.....

[Dacotua]

What Barry doesn't want to be known as Stalin... The bringer of Communism to America which is what he's doing.

[bullet]

"just days after the Obama administration said it didn't want to nationalize America's largest banks. "



Sometimes in life you have to do things you don't want to.

I don't want to have open heart surgery but if it will save my life one day I am open to the idea.


"Citigroup proposed the move to regulators, the Journal reported"

Sounds like they are getting worried.




The right thing to do is let the bank fail, but the problem is if they do then the taxpayers get stuck paying more in the end due to the fdic insurance.
Also by doing so would raise panic and people would start making bank runs creating even more problems.


The other option is a buyout but is there a bank out there that is even interested and better yet why would they want to decrease their capital and increase their operating expenses during these rough times.

[Vertnut]

I hear the House is pushing another $410 BILLION "spending package". Justification includes quotes like,"We need to make up for all the spending cuts Bush took from these programs.":aargh4:

They're saying it's an earmarked sonofabitch.

[bullet]

I hear the House is pushing another $410 BILLION "spending package". Justification includes quotes like,"We need to make up for all the spending cuts Bush took from these programs.":aargh4:

They're saying it's an earmarked sonofabitch.




What was positive about bush cutting education funding in 2008 ?

[Vertnut]

What was positive about bush cutting education funding in 2008 ?

Public education is a lost cause...sorry. They need to burn the system down, and start over. More money spent on education has NEVER shown positive results. There a ton of other programs that got cuts, but is "education" your best argument?f so, that's pretty bad...

[Sean88gt]

What was positive about bush cutting education funding in 2008 ?

Public education is dog shit. It won't improve until they get the agendas out of the classroom and eliminate the NEA.

[bullet]

Public education is dog shit. It won't improve until they get the agendas out of the classroom and eliminate the NEA.



And the federal pell grants ?





And the federal perkins loans for college that were cut ?






Agendas ?

Hell all school is now for most is a free daycare, and they aren't even allowed to bust that ass anymore.

[bullet]

Public education is a lost cause...sorry. They need to burn the system down, and start over. More money spent on education has NEVER shown positive results. There a ton of other programs that got cuts, but is "education" your best argument?f so, that's pretty bad...





My main problem is those who got excluded due to the perkins loan cuts over Bush's term.

[Vertnut]

If a kid really wants to go to school, there are endless options. After getting one through school, and another halfway, I honestly don't feel compassion for "poor kids who want to go to school". My kids' superior test scores and class ranks were overlooked for lesser students that wanted to got to school. Scholarships and grants are aplenty for poor minorities. I should not be paying for someone elses college education. It's not a "right", it's a priviledge.

[bullet]

If a kid really wants to go to school, there are endless options. After getting one through school, and another halfway, I honestly don't feel compassion for "poor kids who want to go to school". My kids' superior test scores and class ranks were overlooked for lesser students that wanted to got to school. Scholarships and grants are aplenty for poor minorities. I should not be paying for someone elses college education. It's not a "right", it's a priviledge.



I really doubt your kids fall into the category of poor kids.


So cut the grants, but don't cut the loans that way they can at least get a loan.


I'd rather give a kid a pell grant any day for 4 or 5 years and give them a chance to better themselves than have to pay wic, hud, lonestar, or welfare to them for a lifetime.

[Vertnut]

I really doubt your kids fall into the category of poor kids.


So cut the grants, but don't cut the loans that way they can at least get a loan.


I'd rather give a kid a pell grant any day for 4 or 5 years and give them a chance to better themselves than have to pay wic, hud, lonestar, or welfare to them for a lifetime.

My kids are not poor, but why should I pay for a poor kid to go to college, when I can barely afford my own?

[Slowhand]

Scholarships and grants are aplenty for poor minorities. I should not be paying for someone elses college education. It's not a "right", it's a priviledge.

Isn't that the truth? I'm lucky to be in a position where my education is paid for anyway, but I've got several friends that aren't so lucky and they don't qualify for things like FASFA because their parents make "too much" money, regardless of the fact that they're not paying for their child's education.

Apparently, a household bringing in $80k/year should be able to afford to spend $40k/year to send their child to college (I kid you not, these are the numbers that FASFA spit out to a friend of mine). It's ridiculous.

[bullet]

My kids are not poor, but why should I pay for a poor kid to go to college, when I can barely afford my own?



Perkins loans are repaid by the borrower, not you.


If you really want to argue, then you can gripe about the small amount of interest that the govt technically pays on the loan over the 4 or 5 years, but it is actually a good investment as the loan is repaid at 5 % interest after graduation over a period of 10 years. So why not give loans that at least produce income for the govt versus hand out grants ?

[Vertnut]

Perkins loans are repaid by the borrower, not you.


If you really want to argue, then you can gripe about the small amount of interest that the govt technically pays on the loan over the 4 or 5 years, but it is actually a good investment as the loan is repaid at 5 % interest after graduation over a period of 10 years. So why not give loans that at least produce income for the govt versus hand out grants ?

I'm talking about grants, not loans. I DO NOT WANT TO PAY FOR SOMEONE ELSES KID TO GO TO COLLEGE.

[bullet]

Isn't that the truth? I'm lucky to be in a position where my education is paid for anyway, but I've got several friends that aren't so lucky and they don't qualify for things like FASFA because their parents make "too much" money, regardless of the fact that they're not paying for their child's education.

Apparently, a household bringing in $80k/year should be able to afford to spend $40k/year to send their child to college (I kid you not, these are the numbers that FASFA spit out to a friend of mine). It's ridiculous.



The whole EFC fomula is a joke. I have seen some strange results from their "majic" formulas.



On a side note, where are they paying 40k tuition annually at ?


Ivy league ?

[Slowhand]

The whole EFC fomula is a joke. I have seen some strange results from their "majic" formulas.

On a side note, where are they paying 40k tuition annually at ?


Ivy league ?

UPenn.

[bullet]

I'm talking about grants, not loans. I DO NOT WANT TO PAY FOR SOMEONE ELSES KID TO GO TO COLLEGE.


and I stated in the beginning




My main problem is those who got excluded due to the perkins loan cuts over Bush's term.





So you would rather your tax money pay welfare for a lifetime than tuition for 4 or 5 years so someone could become a productive higher tax rate paying citizen ?

[Vertnut]

and I stated in the beginning










So you would rather your tax money pay welfare for a lifetime than tuition for 4 or 5 years so someone could become a productive higher tax rate paying citizen ?

That's not my responsibility, and it doesn't work. We're talking a VERY small percentage of folks who REALLY want to go to school, and can't find some way to do it.

[Vertnut]

The whole EFC fomula is a joke. I have seen some strange results from their "majic" formulas.



On a side note, where are they paying 40k tuition annually at ?


Ivy league ?

You've been out of the loop too long. $40k a year all inclusive, is not a stretch at all.

[Baron]

and I stated in the beginning










So you would rather your tax money pay welfare for a lifetime than tuition for 4 or 5 years so someone could become a productive higher tax rate paying citizen ?
That is quite a jump. I seriously doubt that a person who has the ABILITY to attend college will be on welfare if they cant afford to pay out of pocket.

It is the dropouts and knocked up minors who are destined for food stamps.

[Vertnut]

That is quite a jump. I seriously doubt that a person who has the ABILITY to attend college will be on welfare if they cant afford to pay out of pocket.

It is the dropouts and knocked up minors who are destined for food stamps.

I'm here to tell you right now, if a minority from DISD can meet requirements to get into UT (or just have the desire), they will get in. I promise...

[bullet]

That is quite a jump. I seriously doubt that a person who has the ABILITY to attend college will be on welfare if they cant afford to pay out of pocket.

It is the dropouts and knocked up minors who are destined for food stamps.




So you are saying you can't be 18, smart and dirt poor ?


So you want them to stay in the hood, pop out some kids and get on the handout wagon ?



Or better yet they could end up in prison costing taxpayers 20k a year.

[bullet]

I'm here to tell you right now, if a minority from DISD can meet requirements to get into UT (or just have the desire), they will get in. I promise...


And if they are poor, WHITE, and non athletic ?


There are far more WHITE kids at UT on grant money than minorities.

[Baron]

So you are saying you can't be 18, smart and dirt poor ?


So you want them to stay in the hood, pop out some kids and get on the handout wagon ?



Or better yet they could end up in prison costing taxpayers 20k a year.
Never said anything of the like.

You are reading into it and twisting it up in your mind. You can be dirt poor and briliant. You can also be dirt poor, get student loans, work part time, and get an education.

[bullet]

You've been out of the loop too long. $40k a year all inclusive, is not a stretch at all.




All inclusive ?

We are talking education, not mommy and daddy are going to support me while I party and have fun on their tab.


If you are paying 40k a year at TU then someone is cooking the books.

[bullet]

Never said anything of the like.

You are reading into it and twisting it up in your mind. You can be dirt poor and briliant. You can also be dirt poor, get student loans, work part time, and get an education.



I agree.


And you can also be one of the 1000's that got excluded from perkins student loans under bush's cuts.

[Slowhand]

So you are saying you can't be 18, smart and dirt poor ?


I know you can't be 18, smart and dirt poor mainly because you can't be 18 and be smart.

[bullet]

Is this better ?




So you are saying you can't be 18, sat qualified and dirt poor ?

[Baron]

I agree.


And you can also be one of the 1000's that got excluded from perkins student loans under bush's cuts.
That whole system is screwed beyond reason. I couldnt get a grant nor government backed loans because my dad's ex wife made too much $ the year before I went. I was technically independent, but you cant file for independent status untill you get enrolled first. I had to come out of pocket $3k for the first semester, at 18, fresh out of highschool. I moved out of my parent's house at 16, and rented a room in order to finish highschool. My dad was devorced before I started my senior year.

[bullet]

That whole system is screwed beyond reason. I couldnt get a grant nor government backed loans because my dad's ex wife made too much $ the year before I went. I was technically independent, but you cant file for independent status untill you get enrolled first. I had to come out of pocket $3k for the first semester, at 18, fresh out of highschool. I moved out of my parent's house at 16, and rented a room in order to finish highschool. My dad was devorced before I started my senior year.


To me they should do away with grants all together and just offer loans regardless on your parents income. Set some basic limits on the loan depending on the school attended. No majic formulas, no EFC, just how much do you want to borrow and pay back at 5% interest starting 6 months after you graduate.

[Vertnut]

All inclusive ?

We are talking education, not mommy and daddy are going to support me while I party and have fun on their tab.


If you are paying 40k a year at TU then someone is cooking the books.
I didn't say that. Do you have a kid at UT? Southwestern @ Georgetown? Hell, UD? Please stick to shit you know about....which apparently, is limited. Tuition, books, fee's, rent, groceries, etc. at McCombs is expensive. $40k? No, but it's more than most imagine.

[Vertnut]

And if they are poor, WHITE, and non athletic ?


There are far more WHITE kids at UT on grant money than minorities.

I challenge you right there. Prove it.

[Stevo]

Sometimes in life you have to do things you don't want to.



Best socialistic liberal response ever! :rolleyes:

You make me fucking sick.

Stevo

[bullet]

I didn't say that. Do you have a kid at UT? Southwestern @ Georgetown? Hell, UD? Please stick to shit you know about....which apparently, is limited. Tuition, books, fee's, rent, groceries, etc. at McCombs is expensive. $40k? No, but it's more than most imagine.




rent, groceries, etc

It's called the student getting a part time job to learn real life lessons of time management, balance and responsibility.

[AL P]

rent, groceries, etc

It's called the student getting a part time job to learn real life lessons of time management, balance and responsibility.

Lay that smokescreen, pedal faster.

[Vertnut]

rent, groceries, etc

It's called the student getting a part time job to learn real life lessons of time management, balance and responsibility.

No...it's really not. A 15 hour load at a top school IS a full time job. Her GPA and rank, is what will get her a nice job. You can agree to disagree, but that's how it is. As a parent, it is pertinent that she does her best at school (a very tough school) so that after she's done, there are no excuses. My wife and I both came from very "meager" means, and had no help at all with anything.

[Vertnut]

Lay that smokescreen, pedal faster.

He doesn't have a clue. A liberal union guy, that's telling me how to raise my kid...:smashfreakB:

[bullet]

You right wing bigots are a trip.



Open those closed minds and get the party back on track instead of crying like babies.

[AL P]

No...it's really not. A 15 hour load at a top school IS a full time job. Her GPA and rank, is what will get her a nice job. You can agree to disagree, but that's how it is. As a parent, it is pertinent that she does her best at school (a very tough school) so that after she's done, there are no excuses. My wife and I both came from very "meager" means, and had no help at all with anything.

He'll just try to say that he was talking about "just tuition" and that evidently your daughter is partying it up on your dime. Amusing.

[Vertnut]

You right wing bigots are a trip.



Open those closed minds and get the party back on track instead of crying like babies.

<----- oldest of 3, raised by a single mom and spent most of my youth in subsidized housing. Peddle that bullshit somewhere else...

[AL P]

You right wing bigots are a trip.



Open those closed minds and get the party back on track instead of crying like babies.

And the defeat is complete. He's resorted to just name calling. Go hide under your mom's bed.

[Stevo]

You right wing bigots are a trip.



Open those closed minds and get the party back on track instead of crying like babies.

Kid, shut the fuck up. You have no fucking clue about the real world.

Stevo

[AL P]

<----- oldest of 3, raised by a single mom and spent most of my youth in subsidized housing. Peddle that bullshit somewhere else...

Middle of 3, single mom. Educated myself on student loans which I paid off years ago. Its funny how people who make something of themselves turn out to be "right wing bigots".

[bullet]

No...it's really not. A 15 hour load at a top school IS a full time job. Her GPA and rank, is what will get her a nice job. You can agree to disagree, but that's how it is. As a parent, it is pertinent that she does her best at school (a very tough school) so that after she's done, there are no excuses. My wife and I both came from very "meager" means, and had no help at all with anything.



And ?



Do you have a son in college ?

[bullet]

<----- oldest of 3, raised by a single mom and spent most of my youth in subsidized housing. Peddle that bullshit somewhere else...


So why do you hate the system that actually helped you at one time ?

[AL P]

So why do you hate the system that actually helped you at one time ?

As we know, all "right wing bigots" hate any sort of assistance program. For anyone.

[bullet]

Keep whining stevo, making obama will hear you.

[46Tbird]

I love how Obama winning the office has now given the liberal idiots carte blanche to call conservatives "crying bigots."

Fuck you, kid. You know NOTHING about "making it" or "real life" so when your momma is done cleaning your ass and rubbing powder on your butt, come back and join the men's conversation. Listen and you might learn something.

[bullet]

As we know, all "right wing bigots" hate any sort of assistance program. For anyone.



But you love spending tax money rebuilding iraq while your own country goes to shit.

[Vertnut]

So why do you hate the system that actually helped you at one time ?

Hate the system? You've never seen that from me. I did hate the lifestyle, and I scratched and fought to get out of it. I saw what it breeds. We were the exception by hating our lives at that point. It helps drive me to this day, and I'm 48.

[Vertnut]

And ?



Do you have a son in college ?

What does that mean? Why?

[bullet]

Middle of 3, single mom. Educated myself on student loans which I paid off years ago. Its funny how people who make something of themselves turn out to be "right wing bigots".



So you benefitted from slick willys increased higher education spending.



How would you had finished school if you were one of the thousands receiving perkins loans that got cut under the bush administration ?

[bullet]

What does that mean? Why?



Was just curious if you make him work any or let him do the same if he is or goes to school.

[Vertnut]

Was just curious if you make him work any or let him do the same if he is or goes to school.

I have two grown girls and a 6-year-old great nephew we've had for 4 years. God willing he's still with us, he will get the same treatment my girls got/get. It means that much to us.

[Stevo]

Keep whining stevo, making obama will hear you.

Your sentence structure, like your political arguments, is poor. Go back to school, son.

Stevo

[Vertnut]

So you benefitted from slick willys increased higher education spending.



How would you had finished school if you were one of the thousands receiving perkins loans that got cut under the bush administration ?

"Grants" (free money) and loans are not the same. ANYBODY can get a "loan".

[Vertnut]

Your sentence structure, like your political arguments, is poor. Go back to school, son.

Stevo

Why should he? When you work for a union, a guy with an IQ of 70 makes the same money as a guy with an IQ of 140. Why should he better himself?

[11sec4eyes]

I am trying to get into school and it really is a pain right now and I am 25, if anyone has any suggestions please, advise would be appreciated.

[Vertnut]

I am trying to get into school and it really is a pain right now and I am 25, if anyone has any suggestions please, advise would be appreciated.

Who have you talked too? What school(s) are you looking at?

[AL P]

So you benefitted from slick willys increased higher education spending.

How would you had finished school if you were one of the thousands receiving perkins loans that got cut under the bush administration ?

I like how you say I benefited from Clinton's programs like that somehow offers vindication for your idiotic view of the world. Find a place where I said anything bad about Clinton. Unlike yourself, I'm not one of the brainwashed sheep that thinks a president I don't agree with is "evil". Being an adult rather than a simpleton such as yourself, I realize that every administration has some policies that I agree with and some I disagree with.

And to answer your question about getting through school with no loans, I would have paid for it. If I want something I work and I buy it, strange I know.

[AL P]

But you love spending tax money rebuilding iraq while your own country goes to shit.

Really? Where did you get this idea? I thought every Iraqi city should have been leveled with artillery to be honest. Medieval style warfare, crush the population and make it so painful that the war is over in a month.

[bullet]

"Grants" (free money) and loans are not the same. ANYBODY can get a "loan".




No they can not based on the current financial aid structure. Did you not read the post made about the guy's stepmom making to much and even though his parents were divorced when he was apply they still used her income from the previous tax year to determine his qualification.

That whole system is screwed beyond reason. I couldnt get a grant nor government backed loans because my dad's ex wife made too much $ the year before I went. I was technically independent, but you cant file for independent status untill you get enrolled first. I had to come out of pocket $3k for the first semester, at 18, fresh out of highschool. I moved out of my parent's house at 16, and rented a room in order to finish highschool. My dad was devorced before I started my senior year.





The financial aid system is really screwed up and many fall through the cracks and can't even get loans.

[bullet]

Al, have you seen the latest gdp forecast for 09?


A trillion in debt to get maybe 2% in q4.

[Vertnut]

No they can not based on the current financial aid structure. Did you not read the post made about the guy's stepmom making to much and even though his parents were divorced when he was apply they still used her income from the previous tax year to determine his qualification.







The financial aid system is really screwed up and many fall through the cracks and can't even get loans.

Last time...anyone can get a loan.

[bullet]

Last time...anyone can get a loan.


From where ?


Not anyone can qualify for a student loan under the current financial aid program.

[Vertnut]

From where ?


Not anyone can qualify for a student loan under the current financial aid program.

If someone needs a list, I've got one. The rates may be different, depending on whether the student or parent takes out the loan, but they're out there.

[Sean88gt]

And the federal pell grants ?

And the federal perkins loans for college that were cut ?

Agendas ?

Hell all school is now for most is a free daycare, and they aren't even allowed to bust that ass anymore.
Why should my tax dollars take away from my children going to school and provide for someone else's kid to go to school?
Again, on the Perkins loan, we are paying to reimburse a school for someone who didn't work harder and provide a way for their kid to go to school - other than on the backs of those that have earned it.

Agendas?! Are you serious? When I was in school there was a sense of pride in this country, a sense of honor, morals, they imparted as much knowledge as possible so we could make the decisions we wanted to paint an empty canvas. I never learned that government was the answer - quite the opposite. And I didn't have to deal with being 'educated' about the choice of a man to bury his face in the lap of another man and then be treated as 'special'
Now? Holy Shit! Government is the only way! Socialism is the only ISM that works! Obama is the way, the truth and the light!
Several cases to point this out - How many classes had photos of President Bush? Now damn near every class has photos of Obama. He's even on Noggin TV. They NEVER had a puff piece on Bush, but they sure are lapping at Obama's nutsack.
And my brother in law, a recently high school grad now in college - the only thing he was taught is how bad Capitalism is, how unfair it is, how there are some that succeed but so many that fail, etc - Failure in America is the choice of the person that fails. At least that used to be the case, but the government is going to make damn sure that they are the reason for failure and dependence upon them to be the savior.
They want people, drones if you will, to be on their system - it makes them easier to control. There is a constant breakdown of the family model in this country - especially in the inner city, which will get worse with the roll back of the welfare fixes that Clinton signed into law.

[bullet]

Why should my tax dollars take away from my children going to school and provide for someone else's kid to go to school?
Again, on the Perkins loan, we are paying to reimburse a school for someone who didn't work harder and provide a way for their kid to go to school - other than on the backs of those that have earned it.

Agendas?! Are you serious? When I was in school there was a sense of pride in this country, a sense of honor, morals, they imparted as much knowledge as possible so we could make the decisions we wanted to paint an empty canvas. I never learned that government was the answer - quite the opposite. And I didn't have to deal with being 'educated' about the choice of a man to bury his face in the lap of another man and then be treated as 'special'
Now? Holy Shit! Government is the only way! Socialism is the only ISM that works! Obama is the way, the truth and the light!
Several cases to point this out - How many classes had photos of President Bush? Now damn near every class has photos of Obama. He's even on Noggin TV. They NEVER had a puff piece on Bush, but they sure are lapping at Obama's nutsack.
And my brother in law, a recently high school grad now in college - the only thing he was taught is how bad Capitalism is, how unfair it is, how there are some that succeed but so many that fail, etc - Failure in America is the choice of the person that fails. At least that used to be the case, but the government is going to make damn sure that they are the reason for failure and dependence upon them to be the savior.
They want people, drones if you will, to be on their system - it makes them easier to control. There is a constant breakdown of the family model in this country - especially in the inner city, which will get worse with the roll back of the welfare fixes that Clinton signed into law.



nice rant.

I still say what started this all is when they took a good ass whipping out of the school system. Hell things are so screwed up now if you spank your kids, you are liable to have to answer to cps. When I was a kid, it did not matter where, if i did wrong, my ass was getting whipped and it kept me on track. Now days kids EXPECT everything to be handed to them. You should check out a highschool class sometime, the stuff that is tolerated now is insane. Kids that sleep everyday and the state still wants you to pass them, kids high, cussing the teachers out to their face, assualting them and the principals just send them to an "alternative classroom" for a few days and let them do the same things in a hidden environment.

[Paladin]

Add bullet to the long list of idiotic liberal Bush haters who blame him for all their ills.

< right winger who was also raised by a single mother.

[Slowhand]

rent, groceries, etc

It's called the student getting a part time job to learn real life lessons of time management, balance and responsibility.

Dude, get a fucking clue. I'm in school and I've got a part-time job. In my case, it gives me money to blow on stupid shit, but if I was putting myself through school it wouldn't even begin to think about covering any kind of real expenses.

[Sean88gt]

nice rant.

I still say what started this all is when they took a good ass whipping out of the school system. Hell things are so screwed up now if you spank your kids, you are liable to have to answer to cps. When I was a kid, it did not matter where, if i did wrong, my ass was getting whipped and it kept me on track. Now days kids EXPECT everything to be handed to them. You should check out a highschool class sometime, the stuff that is tolerated now is insane. Kids that sleep everyday and the state still wants you to pass them, kids high, cussing the teachers out to their face, assualting them and the principals just send them to an "alternative classroom" for a few days and let them do the same things in a hidden environment.

I agree that corporal punishment needs to be reinstated - but if you think for one single instant that any liberal would allow that to happen then you are a crackhead. They want to ban spankings with in the house - MY HOUSE:mad::rocketwhore:

And why do you think kids expect things to be handed to them? Liberalism creates entitlement - which multiples liberalism and so on. Everything you ranted about above is due in all part to liberalism and the 'for the children' movement.

[mikeb]

Also by doing so would raise panic and people would start making bank runs creating even more problems.


Bullshit.

In the s&l crisis about 750 s&ls failed. There were no bank runs. Everybody was covered with fslic. We aren't some 3rd world country where when a bank fails the money is gone (yet).

[bullet]

Dude, get a fucking clue. I'm in school and I've got a part-time job. In my case, it gives me money to blow on stupid shit, but if I was putting myself through school it wouldn't even begin to think about covering any kind of real expenses.






I worked part time through school for 5 years and for 3 of those years commuted 60 miles away. i left at 6:15 every morning and got back after 5 pm. I took 4 - 5 classes on tuesdays and thursdays and worked 24 hours on the 3 off days bringing in 300 -360 per week to pay for living expenses and got student loans to pay for tuition and books. Yea it would have been nice to have had a silver spoon but I played the hand I was dealt and have no regrets.

[Vertnut]

I worked part time through school for 5 years and for 3 of those years commuted 60 miles away. i left at 6:15 every morning and got back after 5 pm. I took 4 - 5 classes on tuesdays and thursdays and worked 24 hours on the 3 off days bringing in 300 -360 per week to pay for living expenses and got student loans to pay for tuition and books. Yea it would have been nice to have had a silver spoon but I played the hand I was dealt and have no regrets.


Why go through all that to go to work for a union?

[bullet]

Bullshit.

In the s&l crisis about 750 s&ls failed. There were no bank runs. Everybody was covered with fslic. We aren't some 3rd world country where when a bank fails the money is gone (yet).


S and l's failing is not near the same thing as aig, bear stearns, wachovia, wamu, merril, etc.


The whole s and l problem cost the US around 120 billion.


What we are facing now is at least 10 time that.





There was a reason they increased fdic limits last october.





http://www.boingboing.net/2009/02/09/rep-kanjorski-550-bi.html

[bullet]

Why go through all that to go to work for a union?



Are you talking out of your mind again ?




Is there even a union in Texas ?

Plumbers ?

welders ?

[Vertnut]

Are you talking out of your mind again ?




Is there even a union in Texas ?

Plumbers ?

welders ?

I thought you were a big union guy?

[Vertnut]

Are you talking out of your mind again ?




Is there even a union in Texas ?

Plumbers ?

welders ?

UAW, Teamsters, etc. There are unions all over.

[bullet]

I thought you were a big union guy?



I told you a long time ago I used to build custom homes and then did remodeling.


Unions are bs.

How does toyota make a better quality product paying half the wages that they get in detroit, and makes more money than the big 3 even after paying tariffs ?

[Vertnut]

I told you a long time ago I used to build custom homes and then did remodeling.


Unions are bs.

How does toyota make a better quality product paying half the wages that they get in detroit, and makes more money than the big 3 even after paying tariffs ?

Were you accusing me of using illegals?

[bullet]

Were you accusing me of using illegals?


I think we were having a discussion about immigrants wanting to do work that white people either won't do or how they they lower the cost to consumers and why people dislike them even though they play an important part to the building industry in Texas.