Senate passes 800 billion dollar stimulus without 1 member readind the actual bill!!!

[audiolife 5,000+ posts]

 

[nickolas_j_t 10+ year member]

great point

 

[w00tah 10+ year member]

Read article i linked? What I was talking about was in direct correlation to a factory leaving my area...the factory my mother works for did away with automotive seat foam and carpet. That factory is in Mexico now..in my area that factory location lost 460 jobs by itself:laugh: What about Eaton? they had at least 2 factories close that went to Mexico and the other Canada (all in my area!) I do not even have to go to the bigger county south of me to get a negitive impact. Navistar, GE......I am sure there is more. Each one of those places had someone I was related to who lost a job because they were having a factory in Mexico take its place.

Ok, let's try this again. I know that Messicans have taken jobs (Lear Corp, formally United Technologies, here in town has shut down due to Messicans.).

My point is, which one is producing FAR MORE goods than the Messicans? China, IIRC, holds a SUBSTANTIAL part of our national debt, and on top of that is our #2 trade partner behind Canada. Now, last I checked, China wasn't part of NAFTA, so where does the blame go?

Kef

 

[audiolife 5,000+ posts]

Ok, let's try this again. I know that Messicans have taken jobs (Lear Corp, formally United Technologies, here in town has shut down due to Messicans.).

My point is, which one is producing FAR MORE goods than the Messicans? China, IIRC, holds a SUBSTANTIAL part of our national debt, and on top of that is our #2 trade partner behind Canada. Now, last I checked, China wasn't part of NAFTA, so where does the blame go?

Kef

hmmm how much automotive did/ does China do? Do they make suspension parts now? Do they make the materials for automotive interiors now?//content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif What I am talking ABOUT SPECIFICALLY IS THE JOBS LOST VIA NAFTA THAT ARE NOW ARE IN MEXICO:laugh: YOU ARE TALKING ABOUT WHO THE FARK KNOWS WHAT. I AM TALKING ABOUT MY LOCAL ECONOMY: NOT SOME PIE CHART OF OVER ALL NATIONAL TRADE DRAWN UP BY SOME NAZI. I also do not know any jobs that moved in to the area because of NAFTA so unless you can prove as many factories moved in and created as many or more jobs BECAUSE of NAFTA any point anyone brings up is just as invalid as my point.

 

[duece212 5,000+ posts]

here comes our 7000 dow

 

[its_bacon12 10+ year member]

here comes our 7000 dow

It's clear the guys who make a living managing money and dealing with investments have NO CONFIDENCE at all int he stimulus bill, mortgage bailout or anything else these Dems are doing.

This bill will also not create even CLOSE to 4 million jobs, it will not do anything the American people want.

I doubt he will even be considered again for 2012 elections by voters if he keeps this shit up.

 

[duece212 5,000+ posts]

It's clear the guys who make a living managing money and dealing with investments have NO CONFIDENCE at all int he stimulus bill, mortgage bailout or anything else these Dems are doing.
This bill will also not create even CLOSE to 4 million jobs, it will not do anything the American people want.

I doubt he will even be considered again for 2012 elections by voters if he keeps this shit up.

There is definitely a reason why after his approval ratings started dropping he came out and announced he wants to cut the deficit by 50% by 2013.

Never underestimate the power of dumb voters though...

 

[bunkerking09 10+ year member]

There is definitely a reason why after his approval ratings started dropping he came out and announced he wants to cut the deficit by 50% by 2013.
Never underestimate the power of dumb voters though...

Kool-Aid Drinkers

 

[Flipx99 5,000+ posts]

here comes our 7000 dow

What makes me lol the most is this....

Consider how the Dow is constructed, it's a price weighted index.

If GM, BoA, etc drop by 50%, it takes off 16 pts off the Dow. The S&P is a slightly better guide. Even still...nice lows.

 

[bdawson72 5,000+ posts]

Kool-Aid Drinkers

Koolaid drinkers have nothing to do with voting. I know republicans and democrats that like koolaid.

 

[bunkerking09 10+ year member]

Koolaid drinkers have nothing to do with voting. I know republicans and democrats that like koolaid.

to democrats its grape drink

 

[DBfan187 5,000+ posts]

I like red better.

 

[duece212 5,000+ posts]

What makes me lol the most is this....
Consider how the Dow is constructed, it's a price weighted index.

If GM, BoA, etc drop by 50%, it takes off 16 pts off the Dow. The S&P is a slightly better guide. Even still...nice lows.

I don't know squat about the markets, all I do know is that I should have waited about 2 weeks longer on paying off a 401k loan I had out...//content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif

 

[mcsoul 10+ year member]

 

[w00tah 10+ year member]

hmmm how much automotive did/ does China do? Do they make suspension parts now? Do they make the materials for automotive interiors now?//content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif What I am talking ABOUT SPECIFICALLY IS THE JOBS LOST VIA NAFTA THAT ARE NOW ARE IN MEXICO:laugh: YOU ARE TALKING ABOUT WHO THE FARK KNOWS WHAT. I AM TALKING ABOUT MY LOCAL ECONOMY: NOT SOME PIE CHART OF OVER ALL NATIONAL TRADE DRAWN UP BY SOME NAZI. I also do not know any jobs that moved in to the area because of NAFTA so unless you can prove as many factories moved in and created as many or more jobs BECAUSE of NAFTA any point anyone brings up is just as invalid as my point.

Wow, that bold part sounds like you conceding my point. Thanks.

Yes, China doesn't make as many car parts as Mexico, true. But how many other parts do they make? How about the electrical systems, how many of the components are made in Mexico? Do you see my point here? China is shipping tons of their poorly made shit to Mexico to be assembled by Mexicans to be sold here in the good ol' US of A as an American car.

Shit, even Hellen Keller could fucking see that.

Kef