SamIam |
10-16-2011 04:12 PM |
Quote:
Originally Posted by classicman
(Post 764198)
Kinda weird/funny/sad explanation here. VERY partisan IMO.
from wiki ...
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From your link:
Quote:
What is broken is not the system, but the morality of the people who run it.
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This sums up the current situation perfectly.
Quote:
Originally Posted by The Mercenary
So be it. But in the end stop blaming the job makers and start looking at the regulators, that is where the problem hides.
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What job makers? Are you talking about the ones who couldn't wait to make jobs in the third world and outsourced American jobs by the millions to Bangladesh and the like? Nice job, "job makers."
Or are you talking about the "job makers" who took advantage of the Bush era tax cuts by banking that extra money in the Cayman Islands and giving CEO's even more obscene renumerations than before?
Reinvesting in their own companies? Why would anyone do that? Such investments take time to come to fruition, but putting that money into the banks made for a great bottom line right away. During eight years under Bush, the economy gained a net 188,000 private sector jobs. So much for tax cuts encouraging job makers to actually create jobs.
And what few regulators we had in place more resembled the fox guarding the hen house than they did anything else.
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