In 2009;Obama Could Of Given Every Average American A $20,000 Bailout,But He Didn't !

Discussion in 'Politics' started by EdSchultzIsFat, Feb 14, 2011.

  1. EdSchultzIsFat
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    EdSchultzIsFat BANNED

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    And the Democrats wonder why they were beaten so badly last year.How many of you got a bail out? Do you know what a trillion is? It's a Million-Million, right? Obama has pissed off about three trillion dollars,spread out to all his buddies,banks,wall street,States that voted for him,etc. Obama could of easily sent a check for $20,000-$25,000 to every hard working American who lost their jobs due to the recession caused by the Pelosi spending spree and making banks loaning money out to anyone that could breathe! And yet the White House completely ignores this anger. Why would anyone who didn't get a bail out vote for Obama in 2012?:confused:
     
  2. EdSchultzIsFat
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    EdSchultzIsFat BANNED

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    If I am wrong about what a Trillion is, let me know. (the average american probably doesn't know either) I was told it's a "Million Million"...is that right? or is it 100,000 Million?, never the less, they say that if you stretch a trillion dollars in singles, it is supposed to reach the moon and back.
     
  3. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    100,000

    Your other math is equally off
     
    Last edited: Feb 14, 2011
  4. Tyler_Westyn
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    Tyler_Westyn BANNED

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    I never got my bail out! but GM did, and I still can't afford to buy a new Camaro!:eek:
     
  5. uscitizen
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    uscitizen Senior Member

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    I said at the time that giving the TARP, GM, ETC money straight to the people would have had a more lasting positive impact on the economy.

    but our gummit is in the trickle down mentality.
    MOney flowing up thru the chain does much more overall good.
     
  6. EdSchultzIsFat
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    EdSchultzIsFat BANNED

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    if i am right, you can stretch a trillion dollars to the moon 200 times!!!!
     
  7. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    No matter who you give the bailout money to, the taxpayer still is on the hook for paying for it.

    We should have never done it in the first place.
     
  8. JamesInFlorida
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    JamesInFlorida Senior Member

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    Money's value is based upon scarcity. If everyone got $10,000, $20,000, or even $1,000,000-the same exact amount-while you might have more money in dollars-your actually worth wouldn't be increased at all, as you would still be in the same exact position (compared to everybody else), as when you started.

    50 years ago $20,000 would have been worth a lot more compared to today. Same dollar amounts-but in reality are much different in how much they would actually be worth in reality.
     
  9. EdSchultzIsFat
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    EdSchultzIsFat BANNED

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    well never the less, at least if we americans got a chunk of the bailouts, at least the money would be in the pockets of the consumer,not being hoarded by the banks who wouldn't loan it out.
     
  10. Finnguy
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    Finnguy Social Democrat

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    I think those who have lost their jobs have got that 20-25k bailout through unemployment checks and benefits.
     

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