Why aren't the candidates talking about the bank collapses and future economy?

reply to post by skyshow


Why they keep their traps shut?? It's obvious... "because they want to get elected."


Mod's....... sorry for the simplicity.

reply to post by Bunch


I don't think you can blame outsourcing merely on one administration or the other. For instance:

In 1997, President Bill Clinton "advocated outsourcing as a major budget-balancing tool and the National Performance Review urged agencies to consider farming out common computing tasks wherever feasible." source:[Government Computer News, June 16, 1997, at www.gcn.com/archives/gcn/1997/june16/govbiz.htm.

The point is that businesses, not presidents, choose outsourcing. I believe that outsourcing DOES destroy the American labor market, and I am against it; however, placing the blame on either Bush or Clinton is a red herring. They don't outsource, companies outsource. If a company didn't want to outsource, they just wouldn't.

On the other hand, Congress could do something about outsourcing, and they haven't. Taxing those that offshore outsource American jobs would be one way, but BOTH parties have failed to do anything about it. At one time or the other both parties have controlled Congress. This issue goes far beyond politics. It is purely good old American Business Greed.

I don't believe anyone has brought it up yet, and I kind of thought someone might, but evidently not...another angle on this thing and something that both sides now running on "change" should talk about is how deregulation led us into this mess and how we plan to re-regulate things to prevent further crisis down the road. I mean we've seen it with the run up in oil based on deregulation that allows for speculation, we saw it a few years back with Enron when they tried to deregulate juice, and on and on...so now here we sit on the brink of a massive crisis thanks to more of the same, and now I want to hear how in the heck these politicians plan to fix it besides tax cuts for the weathy and more deregulation because clearly it aint' working!!!!

Market down 504 points at close in NYC (worst drop since 9/11), and banks lined up like airplanes comming in to land...Bank of America buys out Merryl Lynch before according to the BA CEO, we loose her...Washington Mutual about to fall apart possibly?...and there's more it sounds like. What a mess!


[edit on 15-9-2008 by skyshow]

reply to post by ProfEmeritus


Comparing President Clinton's view on outsourcing to the result brought by President Bush failed economic policies is really comparing apples to oranges, and also highlights the true result that outsourcing could create in our economy.

President Clinton as your article points out tried to implement outsourcing as a federal government budget balancing tool. Meaning less money coming from taxpayers . Clinton knew that it would result in less money coming out of taxpayers while they could relocate that manpower affected into more productive tasks within the government.

President Bush didn't have the know how on economics to forsee that cutting taxes on companies with the wishful thinking that they would invest here was only that, wishful thinking. As soon these companies started receiving the money from the taxcuts they went to invest that money on overseas location looking for cheap labor to enhance their bottomlines.

That's why Clinton ended with a surplus and Bush with a record deficit, Clinton knew what he was doing in regards to the economy Bush still has no clue.

To reinforce my own earlier point I suggest a look at the following. Its all there to see if only we'd stop giving them what they want i.e. Divide and conquer (both at the physical and the non-physical levels). You know, did they or didn’t they cause 911? Are we humans killing the planet? Which candidate will make it all better? Whilst in the back ground the only thing that changes is the erosion of your freedoms and right to exist without the chains of forced work, taxes and oppression. Just because your not black and are free from the shackles of old, can you say that you actually have chosen this life you have?

Anyhoo, for those that are still debating which colour to vote for, have a look at this first.

NWO Banking and the rest

reply to post by Areal51

" My best guess is that the candidates are not talking about Wall Street because they have no answers for it, "
Many of the people in charge of fixing the mess are the same ones who made it. Confidence here is a big problem. But look at the bright side..wait a minute..there must be a bright side to all this somewhere. Guess not.

They will talk about it in general but will focus on other issues more.

What I would like to know is who is profiting off this? My view is that the government knows what companies are about to go under but is keeping it quiet as possible. Somebody is leaking info.

Let's say company A is selling at 60 dollars a share and on the verge of failing. Somebody who has a huge investment in this company finds out and sells all of his or her stock making a nice profit. Suddenly the company doesn't have the money it use to, the stock falls to under $10 and the whole world knows the company is in trouble.

Follow the money.

Obama can blame McCain and McCain can blame Obama. Does no good. They both lay in the same bed. Both, as well as every member of Congress know that the majority of the bills they pass benefit the corporation. They were also aware of the corrupt business practice but chose to look the other way. After all who really finances their campaign?

Both have ties to loan giants......

The Republican nominee, McCain of Arizona, has numerous close relationships with and contributions from current and former company lobbyists.

Obama, his Democratic rival from Illinois, is second among members of Congress in donations from the firms' employees and political action committees.

source

They will blame each other but it is part of the game.

reply to post by Bunch

My job was outsourced in 1993 and 1994, along with 100,000 other jobs. Who do you think was President then?

reply to post by ProfEmeritus


Outsourcing isn't new, companies have always looked at ways to bring in more revenue.

The problem that they had in the 90's was that they could not commit the money to build factories because it would hurt them short term, with the Bush taxcuts (where the homarrhage of jobs has happened) companies found a way to allocate capital to build factories and move operations without hurting their balance sheet.

BTW how you came up with that figure? This is more indepth studied done about outsourcing to date Outsourcing—Stains on the White Collar? no where in that study you can find a reference to the figure you have given, in fact it points out that outsourcing had only taken off in the beggining of this decade

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The irony of a market driven economy being saved by a socialist policy. Fanny and Freddie had to be saved, a pair of nationalised treasures. Sounds like the brothers took one for the team.
If you listen hard enough, you can hear the laughter in Beijing. Would you want to talk about it if your name was on the god-list.

Because the two party smoke and mirror 'voting' illusion wraps the sheeple who believe in it in cotton wool, and for them the economy is fine and the big macs keep on rolling outta the drive through.

I assumed most ATS'rs would have figured that one out by now.

This country was lost long ago. It was lost when it was no longer a government for the people by the people.

Its now for the corporations by the corporations.

They destroy this country, move to another and the cycle continues.

reply to post by Bunch


I don't get it.

Corporations need to be taxed so they won't have the money to go oversees?

Actually corporations move oversees because it isn't profitable to run operations in the U.S. anymore. It is easier to pay someone $2 per day to make junk than it is to pay someone 20$ per hour.

If there are any complaints about this, read the label and buy Made in the U.S.A.



[edit on 15-9-2008 by wutone]

Well McCain said today that the economy is sound!
Yea, for him and all his rich buds that are in the top 1% of the income. Remember a couple of months ago he said the we were in a "mental recession" and said we needed to quit being whiners? And folks say that him and Palin are in touch with America.

RaRaRa...Four more years!

[edit on 15-9-2008 by whatsup]

reply to post by whatsup


I think his exact words were that the "US economic fundamentals were sound," but we all know that now a days those fundamentals in the economy has gone down the drain and seems that finacial instutions and corporate America do not abide by them anymore. Right?

Actually McCain copy those words from the Secretary of the Treasury, Paulson.

reply to post by Bunch

I have U2'd you with the information you requested.

Ok here we go, I have studied this for years and I will be the first to say that there is a two headed dragon in the government. That would be the Repubs and the Dems. They both lead to the same body and that body wants to fight for the same thing, SOCIALISM!!!!!!!!!!!!!!!!!!

The Replubs just want to maintain a slower pace then the dems. When will Americans wake up and understand they are Americans and not from another country.

I really don't think they will, I know I have and that I will be a "clark gabel" during the next civil war.

Oh yeah, for all you dumb @@@@'s that will be soon!!! I say that if OB wins. Trust me. the Haves and Have Nots will be at ends.

Well got to go.

B

Well put!

What is the answer (by no means am I being a smart a-s)? We know the problems and the concerns but all we do is talk about them, bring them to light and then go to work the next morning.

The frustrating part is not knowing what to do.

Seriously, what can we do? We have 2 senators running for the highest office, and mind you, while financial institutions are being bailed out (hey, why not bail out a hard working American citizen, right?) by our government, we have some troops in combat mode overseas, we have homeless people in America, we have high gas prices, we have outsourced our jobs, oh yea - have you seen our countries deficit and how much we owe China? To my point, why aren't these two senators truly working on their duties as a Senator. You know, being a Senator is a very powerful office, wouldn't you say? They have teams of aids and supporters, why not double task and get something done and not focus on the presidential race. Yes I did say that, the senator who leads by example WILL get my vote. The senator who just talks about what they will do when they are president (mere rhetoric), then I will have to just write in Ron Paul's name in when I vote, seriously...

Multitudes of people have voiced their opinions and concerns on many, many forums, blogs, videos and social network sites, but nothing gets done. The powers that be, truly choose not to listen. Yes call it what ever you want, BIG BUSINESS owns our country - the media owns our country and so on. But we, the people who go to work the next morning everyday can actually do something, or can we? Personally, I like to believe that "we the people" do have and are the "Greater Voice"!!

Question to answer:

I am sick and tired of watching our country just slowly degrade, well that's how I feel. And to be truthful, I am usually a happy go lucky kind of guy. I am grateful for all that I have.

But I have four boys and I am concerned for their future in this country.

I don't know if:

-We have Goverment cover ups?
-2012 is really a bad or good thing?
-Gas will ever be really affordable again?
-UFO exisit?
-Illuminati?
-Abductions?

And all of the aforementioned topics are truly interesting and I enjoy a good read... And I am always asking myself at the end of a blog - forum - story, "What if it is real?" That's why I like this site.

I am amazed and have curiosity about most topics on this site.

But back to my question

What can actually be done to convince these ego minded powers that be, that they are in office because of our vote - and we want something done NOW with gas prices - outsourcing - war - DEBT - jobs - economy and everything that concerns us - THE PEOPLE). And if you choose to move slow, then your OUT as a leader, simple.

What happens to a Major League pitcher if he keeps sucking after a while - he is benched and traded. Same should be with our leaders. THEY NEED TO BE HELD ACCOUNTABLE!!

Sorry people for my verbose thought... The original post inspired me just a tad...

Again, any ideas what can be done to change things? We really can't depend on a single person - we need a GREATER VOICE which is US, we are THE GREATER VOICE!


-chris

Here is another thing.

for all you Dems and Socialist out there. I hope that you get taxed 50% and you work for the man and you are a slave to the man and that the man FFFF's you to the point you can't understand what happens to you. I hope you wake up and say what the FFFF happen to me????"

Because for the most part that will happen. And when you are waiting in line for food, tolet paper, and water I hope you dye of hunger.

For me I want Freedom, Liberty and the pursuit of happiness.

That would mean and state LESS GOVERNMENT AND MORE INDIVIDUAL FREEDOM!!!!