Corporate Mergers

Discussion in 'Economy' started by doeton, Sep 17, 2008.

  1. doeton
    Offline

    doeton Senior Member

    Joined:
    Mar 27, 2008
    Messages:
    1,213
    Thanks Received:
    65
    Trophy Points:
    48
    Ratings:
    +65
    the next time you hear some little news story bout how the gov is oking some ludicrously large merger.

    think AIG

    bearstearns

    and think

    f u very much george bush
     
  2. Gunny
    Offline

    Gunny Gold Member

    Joined:
    Dec 27, 2004
    Messages:
    44,689
    Thanks Received:
    6,753
    Trophy Points:
    198
    Location:
    The Republic of Texas
    Ratings:
    +6,770
    Really? Whose babypowdered and diapered by the government little asses would be wailing the loudest if Big Brother didn't step in with a bailout? YOU, is who.

    I say let 'em crash and burn. bailing them suits YOUR political ideology, not mine.

    In other words, this just a lame, baseless accusation.
     
  3. Jeepers
    Offline

    Jeepers Senior Member

    Joined:
    Feb 11, 2008
    Messages:
    1,399
    Thanks Received:
    58
    Trophy Points:
    48
    Location:
    Charleston SC
    Ratings:
    +59
    Nope.. letting them crash and burn serves both comunists and democrats as well as gays and muslims...
     
  4. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617

    Guys, troubling as these takeover and bailouts have been to all of us (liberal nnd conservtives alike) I think that sans those bailouts the disruption of the ecomony might have been much worse.

    This is NOT going to solve the problem in the long run however.

    Those of you who complain that this is a stopgap measure and could actually make the next round of financial shocks to the sytem worse are, I think, spot on , too.

    Hey folks,

    We cannot deindistrialize the nation;
    open up our shores to free trade;
    break the backs of the unions;
    allow capital to flow OUT of the nation;
    give tax breaks to billionaires and keep spending, too;
    let the national debt get so high;
    oversee the slow erosion of the middle class's ability to survive;
    keep pumping fiat dollars into the system which causes the price of houses to get completely out of align with the average salary;

    and NOT EXPECT that system to fail spectacularly, eventually.

    Everything I have been complaining about for years, and warning people about for years, and been called a socialist, a stupid liberal, a communist, a terrorist lover, a loser (i could go on, but you get the idea) too, is coming to fruition.

    I certainly hope you yuppies enjoyed your bimmers and your smug indifference to what happened to most of you fellow Americans, (those losers in your minds) because the piper called and he wants his due, now.

    Since you're the guys with those sweet incomes, guess whose going to pay for those tunes THIS TIME?

    Those billionaires whose asses you've been shoving your libertarian, Ayn Rand reading, I got mine get yours noses into?

    Not likely.
     
    Last edited: Sep 18, 2008
  5. Care4all
    Offline

    Care4all Warrior Princess Supporting Member

    Joined:
    Mar 24, 2007
    Messages:
    32,769
    Thanks Received:
    6,623
    Trophy Points:
    1,170
    Location:
    Maine
    Ratings:
    +11,098
    won't all of these Banking/financial institution buy outs and mergers just put our financial system in to the hands OF THE VERY FEW and end up hurting us even more to have just a few institutions owning americans? They will be able to control the market, because of the lack of competition? 30% interest rates on credit cards and mortgages etc?
     
    • Thank You! Thank You! x 1
  6. Anguille
    Offline

    Anguille Bane of the Urbane

    Joined:
    Mar 8, 2008
    Messages:
    17,910
    Thanks Received:
    2,122
    Trophy Points:
    48
    Ratings:
    +2,137
    That's what I was thinking. I know zero about economics but I was wondering how the buyouts and mergers are not violating anti-trust legislation.
     
  7. Anguille
    Offline

    Anguille Bane of the Urbane

    Joined:
    Mar 8, 2008
    Messages:
    17,910
    Thanks Received:
    2,122
    Trophy Points:
    48
    Ratings:
    +2,137
    Cassandra, they should have listened to you.
     

Share This Page