Why I changed my mind about the bailouts. **** them.

  • Thread starter Deleted member 4644
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Deleted member 4644

AIG is supposedly going to get a $300 billion U.S. bailout to protect it against basically all of its credit default swap clients.

Meanwhile its former CEO got $47 million personally, and you can bet a lot of its high level execs got similar compensation levels.

If these companies are going to get bailed out for making shitty, borderline illegal moves that left their companies totally, utterly bankrupt, they should also be required to give up their money (and if they complain, they should give up their lives).


Comments please.
 

Jack Flash

Golden Member
Sep 10, 2006
1,947
0
76
Originally posted by: Deleted member 4644
AIG is supposedly going to get a $300 billion U.S. bailout to protect it against basically all of its credit default swap clients.

Meanwhile its former CEO got $47 million personally, and you can bet a lot of its high level execs got similar compensation levels.

If these companies are going to get bailed out for making shitty, borderline illegal moves that left their companies totally, utterly bankrupt, they should also be required to give up their money (and if they complain, they should give up their lives).


Comments please.

:confused:
 

TheSlamma

Diamond Member
Sep 6, 2005
7,625
5
81
Chill man.. just make sure you got a job and pay yoru rent. you will be aight.
 

OCGuy

Lifer
Jul 12, 2000
27,224
37
91
Originally posted by: TheSlamma
Chill man.. just make sure you got a job and pay yoru rent. you will be aight.

Yes. Be a good sheep. Everything will be fine. Uncle Sam will take care of you.
 

Generator

Senior member
Mar 4, 2005
793
0
0
This is very similar to the tax rate hike over 250k. Why should I work harder for less money? Why should I stay with this company if they don't pay my multiple million dollar bonus? I guess the idea is that people who make alot of money are actually worth it. They know it and they think we know it. ACTUALLY I DON'T KNOW IT. How about we throw your ass on the street to find a new job to see if you're worth a damn or not. Go to our competitors, I don't care. Show me why I was supposed to give you all that money by putting me out of business. If you can...
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Great leaders get great compensaion. This fellow has overseen the greatest corporate loss in United States history at the helm of AIG. Who are you to say he doesn't deserve a $47M bonus? He did a phenomenal job of helping to fvck it up and should be rewarded in kind!
 

Deeko

Lifer
Jun 16, 2000
30,213
12
81
Originally posted by: Generator
How about we throw your ass on the street to find a new job to see if you're worth a damn or not. Go to our competitors, I don't care. Show me why I was supposed to give you all that money by putting me out of business. If you can...

Is there any logic behind this statement or are you just bitching at air?

Why don't we fire YOU from YOUR job just to make you prove you can get another?
 

glenn1

Lifer
Sep 6, 2000
25,383
1,013
126
Originally posted by: Deleted member 4644
If these companies are going to get bailed out for making shitty, borderline illegal moves that left their companies totally, utterly bankrupt, they should also be required to give up their money (and if they complain, they should give up their lives).


Comments please.

You say this, and yet probably support "War on Poverty" programs for people who made shitty, borderline illegal moves (dropping out of school, taking or dealing drugs, being a gang banger, getting pregnant as teenagers, etc) that left their lives totally, utterly bankrupt. If you're going to support welfare for some, you can hardly bitch about it for others.
 

Dari

Lifer
Oct 25, 2002
17,133
38
91
Originally posted by: Jack Flash
Originally posted by: Deleted member 4644
AIG is supposedly going to get a $300 billion U.S. bailout to protect it against basically all of its credit default swap clients.

Meanwhile its former CEO got $47 million personally, and you can bet a lot of its high level execs got similar compensation levels.

If these companies are going to get bailed out for making shitty, borderline illegal moves that left their companies totally, utterly bankrupt, they should also be required to give up their money (and if they complain, they should give up their lives).


Comments please.

:confused:

??=The only way to go.
 

mect

Platinum Member
Jan 5, 2004
2,424
1,637
136
Originally posted by: glenn1
Originally posted by: Deleted member 4644
If these companies are going to get bailed out for making shitty, borderline illegal moves that left their companies totally, utterly bankrupt, they should also be required to give up their money (and if they complain, they should give up their lives).


Comments please.

You say this, and yet probably support "War on Poverty" programs for people who made shitty, borderline illegal moves (dropping out of school, taking or dealing drugs, being a gang banger, getting pregnant as teenagers, etc) that left their lives totally, utterly bankrupt. If you're going to support welfare for some, you can hardly bitch about it for others.

Um, are you not considering scale. I doubt he'd be complaining if these CEO's had their bonuses confiscated and were offered welfare at the rate the typical impoverished person receives it. Well, except maybe for that last little tic about giving up their lives. Strange.
 

sandorski

No Lifer
Oct 10, 1999
70,749
6,319
126
Originally posted by: glenn1
Originally posted by: Deleted member 4644
If these companies are going to get bailed out for making shitty, borderline illegal moves that left their companies totally, utterly bankrupt, they should also be required to give up their money (and if they complain, they should give up their lives).


Comments please.

You say this, and yet probably support "War on Poverty" programs for people who made shitty, borderline illegal moves (dropping out of school, taking or dealing drugs, being a gang banger, getting pregnant as teenagers, etc) that left their lives totally, utterly bankrupt. If you're going to support welfare for some, you can hardly bitch about it for others.

Dropping out of School and getting Pregnant are borderline Illegal? :eek:
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Originally posted by: sandorski
Originally posted by: glenn1
Originally posted by: Deleted member 4644
If these companies are going to get bailed out for making shitty, borderline illegal moves that left their companies totally, utterly bankrupt, they should also be required to give up their money (and if they complain, they should give up their lives).


Comments please.

You say this, and yet probably support "War on Poverty" programs for people who made shitty, borderline illegal moves (dropping out of school, taking or dealing drugs, being a gang banger, getting pregnant as teenagers, etc) that left their lives totally, utterly bankrupt. If you're going to support welfare for some, you can hardly bitch about it for others.

Dropping out of School and getting Pregnant are borderline Illegal? :eek:
Well I think school is until you're 16, at least.
 

glenn1

Lifer
Sep 6, 2000
25,383
1,013
126
Originally posted by: sandorski
Originally posted by: glenn1
Originally posted by: Deleted member 4644
If these companies are going to get bailed out for making shitty, borderline illegal moves that left their companies totally, utterly bankrupt, they should also be required to give up their money (and if they complain, they should give up their lives).


Comments please.

You say this, and yet probably support "War on Poverty" programs for people who made shitty, borderline illegal moves (dropping out of school, taking or dealing drugs, being a gang banger, getting pregnant as teenagers, etc) that left their lives totally, utterly bankrupt. If you're going to support welfare for some, you can hardly bitch about it for others.

Dropping out of School and getting Pregnant are borderline Illegal? :eek:

They're the shitty moves, with the other two being the borderline illegal.
 

sandorski

No Lifer
Oct 10, 1999
70,749
6,319
126
Originally posted by: glenn1
Originally posted by: sandorski
Originally posted by: glenn1
Originally posted by: Deleted member 4644
If these companies are going to get bailed out for making shitty, borderline illegal moves that left their companies totally, utterly bankrupt, they should also be required to give up their money (and if they complain, they should give up their lives).


Comments please.

You say this, and yet probably support "War on Poverty" programs for people who made shitty, borderline illegal moves (dropping out of school, taking or dealing drugs, being a gang banger, getting pregnant as teenagers, etc) that left their lives totally, utterly bankrupt. If you're going to support welfare for some, you can hardly bitch about it for others.

Dropping out of School and getting Pregnant are borderline Illegal? :eek:

They're the shitty moves, with the other two being the borderline illegal.

ah ok. :)
 

Moonbeam

Elite Member
Nov 24, 1999
74,674
6,733
126
It is only luck that some people are born into situations where they encouraged to become something and have the genetic talent to do it, while others lack the resources and or are discouraged from childhood.

The real saddness is that the lucky are so often assholes who gloat and puff their egos up because, although they have succeeded to a degree, they still need others to feel superior to to feel good about themselves.
 

tm37

Lifer
Jan 24, 2001
12,436
1
0
Originally posted by: Moonbeam
It is only luck that some people are born into situations where they encouraged to become something and have the genetic talent to do it, while others lack the resources and or are discouraged from childhood.

The real saddness is that the lucky are so often assholes who gloat and puff their egos up because, although they have succeeded to a degree, they still need others to feel superior to to feel good about themselves.

This is exactly why I work 50 hours a week.

SO that I WILL THINK I AM BETTER.

While luck is often in play success rarely follows just luck. Luck provides opportunity and that grasping of the opportunity usually defines success. You may get more opportunities than others but few never get any.
 

zephyrprime

Diamond Member
Feb 18, 2001
7,512
2
81
Just let aig fail. When they do and all their creditees fail as a consequence, you can just nationalize them. The private speculators you can just leave holding the bag. If you're going to spend all that money anyway, you might as well do it right and punish the reckless while recoup some money for the taxpayers (although still not nearly enough to offset all the money the taxpayers would have to pay to recapitalize the banks).

Even without "nationalizing" the banks, the government is going to end up giving away a huge amount of money. How exactly is this the better way to handle things?
 

Moonbeam

Elite Member
Nov 24, 1999
74,674
6,733
126
Originally posted by: tm37
Originally posted by: Moonbeam
It is only luck that some people are born into situations where they encouraged to become something and have the genetic talent to do it, while others lack the resources and or are discouraged from childhood.

The real saddness is that the lucky are so often assholes who gloat and puff their egos up because, although they have succeeded to a degree, they still need others to feel superior to to feel good about themselves.

This is exactly why I work 50 hours a week.

SO that I WILL THINK I AM BETTER.

While luck is often in play success rarely follows just luck. Luck provides opportunity and that grasping of the opportunity usually defines success. You may get more opportunities than others but few never get any.

Your egotistical flattery is that you grasped opportunity, not seeing it's only luck that you can. Similarly, you are lucky to have a jopb.
 

wwswimming

Banned
Jan 21, 2006
3,695
1
0
AIG is a great argument for asset forfeiture.

but, AIG has played nice with org's like the CIA for a long time, so AIG get's protected
status. it's part of the history of WW2 & the Cold War.

who had info on enemy infrastructure ? roads, schools, bridges, factories ... etc.
insurance companies. of which AIG is one of the biggest.
 

gar3555

Diamond Member
Jan 8, 2005
3,510
0
0
Originally posted by: Moonbeam
Originally posted by: tm37
Originally posted by: Moonbeam
It is only luck that some people are born into situations where they encouraged to become something and have the genetic talent to do it, while others lack the resources and or are discouraged from childhood.

The real saddness is that the lucky are so often assholes who gloat and puff their egos up because, although they have succeeded to a degree, they still need others to feel superior to to feel good about themselves.

This is exactly why I work 50 hours a week.

SO that I WILL THINK I AM BETTER.

While luck is often in play success rarely follows just luck. Luck provides opportunity and that grasping of the opportunity usually defines success. You may get more opportunities than others but few never get any.

Your egotistical flattery is that you grasped opportunity, not seeing it's only luck that you can. Similarly, you are lucky to have a jopb.

I does it have to be "luck" to have a jopb. I am very confident, that if I quit today, I would have another job in my field within a week. I have been booked solid through the end of this year with work, and the load has no end in sight, even with the economy. I wish I could take some time off(I have 2 months vacation saved up).

I am just trying to point out, that it is not his "ego" that is causing his success, but his hard work, if you even understand what that means.
 
Sep 12, 2004
16,852
59
86
Originally posted by: gar3555
Originally posted by: Moonbeam
Originally posted by: tm37
Originally posted by: Moonbeam
It is only luck that some people are born into situations where they encouraged to become something and have the genetic talent to do it, while others lack the resources and or are discouraged from childhood.

The real saddness is that the lucky are so often assholes who gloat and puff their egos up because, although they have succeeded to a degree, they still need others to feel superior to to feel good about themselves.

This is exactly why I work 50 hours a week.

SO that I WILL THINK I AM BETTER.

While luck is often in play success rarely follows just luck. Luck provides opportunity and that grasping of the opportunity usually defines success. You may get more opportunities than others but few never get any.

Your egotistical flattery is that you grasped opportunity, not seeing it's only luck that you can. Similarly, you are lucky to have a jopb.

I does it have to be "luck" to have a jopb. I am very confident, that if I quit today, I would have another job in my field within a week. I have been booked solid through the end of this year with work, and the load has no end in sight, even with the economy. I wish I could take some time off(I have 2 months vacation saved up).

I am just trying to point out, that it is not his "ego" that is causing his success, but his hard work, if you even understand what that means.
The lefties are generally loathe to admit that hard work can get you up the ladder of success because if they do they also have to admit that some people aren't willing to work as hard as others, or at all. Slackers don't fit into their idealism that everyone is equal and nobody willingly wants to be poor.

Like you said, luck can get you in the door. It doesn't, however, get you up the stairs. For that you have to climb.
 

fskimospy

Elite Member
Mar 10, 2006
87,890
55,155
136
Originally posted by: TastesLikeChicken

The lefties are generally loathe to admit that hard work can get you up the ladder of success because if they do they also have to admit that some people aren't willing to work as hard as others, or at all. Slackers don't fit into their idealism that everyone is equal and nobody willingly wants to be poor.

Like you said, luck can get you in the door. It doesn't, however, get you up the stairs. For that you have to climb.

Hey, nice 'gross misrepresentation of liberalism' there! You can't possibly believe this ridiculous caricature of a liberal that you've constructed, can you?
 

JSt0rm

Lifer
Sep 5, 2000
27,399
3,948
126
Originally posted by: TastesLikeChicken
The lefties are generally loathe to admit that hard work can get you up the ladder of success because if they do they also have to admit that some people aren't willing to work as hard as others, or at all. Slackers don't fit into their idealism that everyone is equal and nobody willingly wants to be poor.

Like you said, luck can get you in the door. It doesn't, however, get you up the stairs. For that you have to climb.

Well I'm a liberal and I'm better then you in almost every way. I'm bigger, stronger, faster and smarter. We give you the south and all of its southern efficiency, education and bibles. Thats not fair but you aren't allowed to come to the coasts, sorry. But like a parent to a child we will let your states have some of our tax money. We will let you consume that which our intellect and creativity produce. We will let you eat unhealthy foods and drink soda and still fight for universal health care for you. We do all of this because we see you as you are, children whose minds have never fully opened up to their full potential.
rose.gif
 

BoberFett

Lifer
Oct 9, 1999
37,562
9
81
Originally posted by: JSt0rm01
Originally posted by: TastesLikeChicken
The lefties are generally loathe to admit that hard work can get you up the ladder of success because if they do they also have to admit that some people aren't willing to work as hard as others, or at all. Slackers don't fit into their idealism that everyone is equal and nobody willingly wants to be poor.

Like you said, luck can get you in the door. It doesn't, however, get you up the stairs. For that you have to climb.

Well I'm a liberal and I'm better then you in almost every way. I'm bigger, stronger, faster and smarter. We give you the south and all of its southern efficiency, education and bibles. Thats not fair but you aren't allowed to come to the coasts, sorry. But like a parent to a child we will let your states have some of our tax money. We will let you consume that which our intellect and creativity produce. We will let you eat unhealthy foods and drink soda and still fight for universal health care for you. We do all of this because we see you as you are, children whose minds have never fully opened up to their full potential.
rose.gif

This is why many people hate liberals.

When conservatives want to run your life they think it's called fundamentalism.

When liberals want to run your life they think it's called kindness.

I can only hope that someday somebody inflicts great harm on you and your loved ones in the name of "kindness."
 

JSt0rm

Lifer
Sep 5, 2000
27,399
3,948
126
Originally posted by: BoberFett
I can only hope that someday somebody inflicts great harm on you and your loved ones in the name of "kindness."

Thank you for that :lips: