hugo Posted December 12, 2008 Posted December 12, 2008 US Treasury ready to stave off auto sector collapse - Yahoo! News Quote The power to do good is also the power to do harm. - Milton Friedman "I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents." - James Madison
eddo Posted December 12, 2008 Posted December 12, 2008 US Treasury ready to stave off auto sector collapse - Yahoo! News What the fu..... unbelievable. Why even go thru Congress then??? Quote I'm trusted by more women.
phreakwars Posted December 12, 2008 Posted December 12, 2008 Overnight futures ( S&P, Dow, etc) were looking scary as hell last night with word of no bail out, if someone didn't do something, we would have been seeing a black Friday today. That's why they did it. Too many jobs are at stake, not just union workers and GM direct employees. . . Quote https://www.facebook.com/phreakwars
RoyalOrleans Posted December 13, 2008 Posted December 13, 2008 I'm so sick of the government picking the winners and losers! Remember when the airline pilot's unions killed Eastern Airlines? Quote To be the Man, you've got to beat the Man. - Ric Flair Everybody knows I'm known for dropping science.
wez Posted December 13, 2008 Posted December 13, 2008 That's what we get for being total morons who believe in illusions of a "free market". Quote
hugo Posted December 13, 2008 Author Posted December 13, 2008 Regardless of how you feel about the merits of bailing out the auto companies the fact is only Congress has the power to approve spending. Of course, in the pre New Deal era this would be prohibited as not a power designated to the federal government. Quote The power to do good is also the power to do harm. - Milton Friedman "I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents." - James Madison
hugo Posted December 21, 2008 Author Posted December 21, 2008 A true conservative speaks out; George Will As usual, George Will is right on. Quote The power to do good is also the power to do harm. - Milton Friedman "I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents." - James Madison
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