Government wants power to take over more companies

Date 03-24-2009 13:20

I, of course, am all for it. They have the same authority to take the banks, so why not private companies too. The banks are accept FDIC regulations to protect our money and there seems to be little security for our money in other institutions. This plan would induce regulations on these companies that, I hope would help with the security of our money.

I think tighter regulations would help with confidence in these companies and could result in more investment helping these companies keep afloat. My .02 !

By Mikeqc1 (****)

Date 03-24-2009 18:18

IM NOT FOR IT!
THE FEDS TAKING OVER COMPANIES JUST IN CASE?
i KNOW ITS NOT THAT SIMPLE BUT.........................

By Lawrence (*****)

Date 03-24-2009 18:33

Oh great

It was the FEDS who since the Carter Admin have been legislating provisions to FORCE banks to loan to unqualified people by a quota system... Then the house of cards fails and the same exact fat cat democrats (and a few scattered Rep's) cast the blame on the banks.......

Yes lets give those fools authority to invade and take over businesses..... What a brilliant stroke of wisdom... Give fools more power

By darren

Date 03-25-2009 23:50

http://www.army.mil/usapa/epubs/pdf/r210_35.pdf
http://en.wikipedia.org/wiki/Civilian_Inmate_Labor_Program

i have to be careful that i do not post things that are too controversial.
look these up for yourself and find out where they stand within the bill process in the congress senate and executive branches.

posse comitatus
http://en.wikipedia.org/wiki/Posse_Comitatus_Act
the constitution is being eroded and taking "Federal" control is totally against the constitution.

http://en.wikipedia.org/wiki/Second_Amendment_to_the_United_States_Constitution

the land of the free has become the land of the free for all international banking system.
beware my brave brothers and sisters tyranny comes in the night and in the form of clouded legislation.

By uphill

Date 03-25-2009 00:48

Ok it might be time to separate the US into two parts. Metro and rural. Separate laws and regulations that would encompas the lifestyle of the residents. You can have the city life nad I promise not to set foot inside one of the sweltering armpits that are called metropolis's That way we can elect the kind of gov that suits us. After all the murder rate in "O" winning areas was over 13 per 100,000 where the murder rate was 3 per 100,000 for "Mc". About 80% of the USA by area voted against"O" but the way the powers that be set it up the metro areas rule the land. Wow did I really say that?

If you put your money in institutions that have no insurances you are an idiot. If you have more money in the bank than they can insure you could put some in another bank or send it to me and I will invest it for you. (in arms and 4x4 vehicals ect) The thought that someone who does not pay into thier own massive retirement, pay for thier extensive free healthcare could manage money in banks is un-imaginable. Lets get down to reality, gov wants to be all powerfull, control every aspect of Americans lives, say much money and credit you have access to and make you dependent on for everything. Its not rocket science and they are looking to line thier pockets with our hard earned money and our freedoms.

The gov cant run anthing effectively except the printing presses for more unneeded Skimulus Money. It will become obvious to even the devout "dems" when hell freezes over. (Is it getting cold outside yet?)

Taking away the "must borrow money to" rules would be a great start. Keeping the gov out of the noses of legit biz would be another. Stop the diarea flowing from the hill, its starting to fill up my shoes.

Leave america the way it is and should be = Free.

By BryonLewis (****)

Date 03-25-2009 01:31

All roads lead to Rome. Not to Mayberry! :-)

By swsweld (****)

Date 03-25-2009 02:12

Hey Buddy!! I can see Mayberry from my front porch :)

By uphill

Date 03-25-2009 02:19

All of the wealth ends up in the Kings hands and under the Kings control. Who pays for the fairytail life they lead in Washington? Ever wonder how the poor senators come out of politics with Millions?

I got some questions, I hope every hard working American gets answers to their own. Bet those thieves in office wont be there for long.

Some must hate being called Americans, I suppose thats why the move to unite Canada,Mexico with the USA and change the money so we cant be slaves to the almighty dollar. A lot of good men died keeping our Constitution in place, and for the values that this country was formed. Socialism must have been put on there with invisable ink.

By js55

Date 03-25-2009 17:13

Bryon,
Sometimes I'm not really sure you're serious with the things you post or are just being facetious and provocative, considering the extreme radicalism of the positions. However, this much seems to be true. You do not seem to have an awareness of the roots and the long and notorious history of the positions you take, if they are indeed serious.
I don't mean this as an insult at all. Just an observation from one who is perplexed.

By BryonLewis (****)

Date 03-25-2009 21:18

js, I understand the history of much of my positions and I realize the flaws that have happened in places where some of these positions have been implemented. But what I see and have seen is the disparities that are present in society. Not only do I see them, I have lived them, know people that are trapped in them, and I have compassion for them and their situation.

I see flaws with a system where people can amass billions of dollars of net worth while others don't have a pot to pi** in. I understand that the rich have put in considerable work to get to their positions and many of them make charitable contributions worth millions. But I know of the inate sinful nature of human greed. That greed is overwelming America. People want to live the American dream and there are companies that will try to "help" them do it. By giving them loans that are just barely able to be paid on or extorting high interest rates trapping the consumer in a financial hell. All this goes on as we are bombarded by the newest-latests-greatest wiggit on the market that we "can't live without".

Who is to blam for the mortgage crisis? The gov't or the home owners are the usual target. Why not the lenders themselves? Those are who should be held accountable. If you have not so good credit, you still need somewhere to live. So they get a higher rate when realistically they need a lower rate. A few hundred less a month could help those people maintain their payments and it won't kill the lender. But its all about profit. If they can make 7% why not charge 9%.

Who moves their companies overseas and why? I don't own Nike. They build their shoes in Singapore or China only to increase the profit. So there are thousands of minial jobs that are lost. What are those people supposed to do? Nike's share holders are happy so that is what matters. The search for increased profits have destroyed the manufacturing base of America so they should reach deeper into their coffers and foot the bill for those of us that were victimized by them. Then they would do like the tobacco companies have done is just raise the prices to cover their higher costs. Then profit and prices would need to be regulated. That would've helped the housing market. Inflation is artificial with many products including the housing market.

Like it or not America is moving towards a welfare state. The jobs have gone overseas so what are we to do. Companies must be held accountable for the strife that they have and are causing to this country. If that means strict regulation then so be it. If that means being taken over and put to work for us one way or another, then so be it. While some are only worried about their "right" to bear arms. I have other, seemingly more important matters to stand upon. :-)

By hogan

Date 03-25-2009 21:59

What amazes me is the amount of republicans that call themselves Christians. When in fact Jesus was a socialist and commanded his followers to do the same.

By Mikeqc1 (****)

Date 03-26-2009 16:00

I dont think so
MDK

By Mikeqc1 (****)

Date 03-26-2009 16:37

God presents us with three general ways in the Bible to take care of the poor and needy: 1) through the family; 2) through the church; and 3) through individual charity. The applicable passages for these three ways are Deuteronomy 14:28, 29, Numbers 18:24, Matthew 6:1-4 and 1 Timothy 5:3-16.
He tells His listeners that they should give individual charity. He also says they should give such charity secretly: "Do not let your left hand know what your right hand is doing."
In other words, Jesus is not a socialist. Nor is he a liberal. In fact, in none of the Bible passages just cited, nor in any others I know of, does Jesus, God or even Moses cite the government as the means by which the poor, needy, widowed and orphaned are housed, clothed and fed.
On that note, it is interesting to recall that the 10th Commandment in Exodus 20:17 actually protects private property by commanding people not to covet their neighbor's belongings or house. That commands applies to the average citizen as well as the elected official, the judge and all other government officials.
Furthermore, the Bible condemns laziness and praises hard work. Proverbs 10:4 says, "Lazy hands make a man poor, but diligent hands bring wealth." Proverbs 14:23 says, "All hard work brings a profit, but mere talk leads only to poverty."
In short I feel the preoccupation with wealth and charity is more on the part of the person giving than the one receiving, can a person with wealth give without remorse or regret.

MDK

By Mikeqc1 (****)

Date 03-26-2009 16:42

I would like to point out any 1 who believes in the bible should also believe in the warnings of the conspiracy to control this world.
The bible says it will happen and the clues are there but how many will listen?

By Lawrence (*****)

Date 03-25-2009 22:28

"But I know of the inate sinful nature of human greed. "

Ok the Bible is the only place I know of that discribes human nature as innatly sinful... So lets look at it from that perspective.

"That greed is overwelming America. People want to live the American dream and there are companies that will try to "help" them do it. By giving them loans that are just barely able to be paid on or extorting high interest rates trapping the consumer in a financial hell. All this goes on as we are bombarded by the newest-latests-greatest wiggit on the market that we "can't live without".

And since Ol Hogan chimed on Jesus. Maybe folks ought to actually explore what the Lord has to say about money, borrowing, and managing debt.

Jesus spoke more about money than he did about Hell..... (he had alot to say about both).

Christians helping other Christians (which is what Jesus commanded) is not socialisim by even the largest stretch of interprative grasping. Its just an insulting talking point routinly vomited up by folks that dislike Christianity.

There are dozens of parabels in the new testament that are instructive in borrowing, lending and debt. They all put the responsibility on the person borrowing. There are also parables focused on what people do with gifts they recieve and how wise or unwise they are with those riches, as well as the suffering due to the consequences of foolishly managing what we have.

Who cares if people are bombarded with shiny things on the TV or are subjected to neighbors who live differently........ That does not remove personal responsibility from anybody....... Crack open the book of Proverbs to gain instruction about how people are supposed to deal with situations where some seem to be prospering while others are not... You won't see anything about socialisim.

And I wouldn't think about expecting a Jubilee unless your willing to submit to the rest of the Torrah :)

By jrw159

Date 03-26-2009 01:49

DAMN! Rate ***

By swsweld (****)

Date 03-26-2009 03:19 Edited 03-28-2009 13:48

>Like it or not America is moving towards a welfare state.<

You are right Bryon, and I don't like it. I'm not against the government helping people that actually need help. Especially the young, elderly and those with disabilities. I'm not opposed to temporarily helping those down on their luck. But we have created a mindset that it is the governments responsibility to fix whatever ails you for as long as it ails you. School, health, money or lack there of, housing, clothing, food, transportation; we've got program on top of program. I see abuse of those programs just like you see abuse of the financial systems. Both are wrong. The welfare state often encourages people to "ride" the system and become dependent on government programs when they have the ability to take responsibility for their life. I think too much welfare is a bad thing. It breeds hopelessness, worthlessness and slothfulness. You mentioned Luke 3:11 in another thread

>3:11He answereth and saith unto them, He that hath two coats, let him impart to him that hath none; and he that hath meat, let him do likewise.<

this was mentioned to prove that the Bible endorses socialism. This is the context of that verse

>7 Then said he to the multitude that came forth to be baptized of him, O generation of vipers, who hath warned you to flee from the wrath to come?

8 Bring forth therefore fruits worthy of repentance, and begin not to say within yourselves, We have Abraham to our father: for I say unto you, That God is able of these stones to raise up children unto Abraham.
9 And now also the axe is laid unto the root of the trees: every tree therefore which bringeth not forth good fruit is hewn down, and cast into the fire.
10 And the people asked him, saying, What shall we do then?
11 He answereth and saith unto them, He that hath two coats, let him impart to him that hath none; and he that hath meat, let him do likewise.
12 Then came also publicans to be baptized, and said unto him, Master, what shall we do?
13 And he said unto them, Exact no more than that which is appointed you.
14 And the soldiers likewise demanded of him, saying, And what shall we do? And he said unto them, Do violence to no man, neither accuse any falsely; and be content with your wages.<
Not all that socialistic when in context.

>2 Thessalonians 3:10:For even when we were with you, this we commanded you, that if any would not work, neither should he eat.<

As a Christian i choose to be a conservative instead of a liberal for these reasons; conservative principles-1 respect the constitution 2 respect life 3 personal responsibility 4 less government.
Christianity is about the willingness to give help with a Christlike heart; not the government forcing you to give or worse taking from you to give to causes you do not support i.e. abortion, embryonic stem cell research.
Jesus required individuals to follow his teachings. Nations forcing you to endorse their brand of religion is well.... one reason the USA exist, to escape forced religion.
I believe some liberals have good intentions but I think they are misguided. Not an insult just an opinion. edit>changed many to some<

By DaveBoyer (*****)

Date 03-26-2009 04:05

Bryon:

http://www.youtube.com/watch?v=RWsx1X8PV_A

http://www.youtube.com/watch?v=ev_Uph_TLLo&feature=related

I could never state these points as well as Milton Friedman, so You may as well hear them from Him.

By js55

Date 03-26-2009 14:47

Bryon,
It seems a basic assumption of yours is that those on the left have a monopoly on compassion for the downtrodden. Nothing could be further from the truth. Though you gotta hand it to the Democrats, they have been exceedingly successful at convincing the electorate of such. Gotta wonder though why Democrats in Congress are listed as the richest year after year.

The real argument is what you do to help the downtrodden.
Name one left leaning society born of the idea of helping the downtrodden who has actually helped the downtrodden. History is an absolute in that what they really do is turn almost everyone into downtrodden.
I too have been down. Unemployed many times. Lost a house. But I also have family that is caught in the trap of generational dependency. This is the real legacy of the Welfare State.

But I will name a society born of the idea of helping the downtrodden that wasn't on the political left. The United States of America (though some may argue it as being left in that time, I would submit that our founding fathers idea of freedom from government yoke is not an idea of the left which espouses big government as you have made clear, its an idea of the right). This country, and those modeled after it actually did what they promised they would do. Now you would have us go the other way.

The other thing is, you will never ever get rid of elites. And all the jealousy and hatred of such will not change that. You would, it seems, place us all under the yoke of massive government oppression to try and make the elites pay for their success.

By michael kniolek (***)

Date 03-26-2009 23:26

I conclude that most of these lefties are so concerned with the poor is due to guilt of some kind, and the fact they think they know wats good for u better then they do.

By CWI555

Date 03-24-2009 23:38

This is the absolute worst thing that could happen. Lets reward incompetence with more power?????? how the hell does that help?

By Stringer (***)

Date 03-25-2009 00:39

I agree with Lawrence about the Carter years forcing banks to lend money to the poor. Fine intentions by the honorable President, but an insane fiscal policy that we are now eating. Let's also give President Clinton credit for the change that allowed the banks to sell the loans and wash their hands of responsibility to collect the payments.

By uphill

Date 03-25-2009 21:08

Carter was from a whole different galexy >..............The hats off to "C"linton did that include the forming of Fanny and Freddie? Or was it for the lowered qualification requirements ? I can never seem to get it right, was them good things?

By DaveBoyer (*****)

Date 03-26-2009 04:21

Wasn't the lowering of the qualifications a punitive measure forced on Fanny & Freddy by congress after a book keeping scandle?

By FixaLinc (****)

Date 03-25-2009 19:38

Well Big O's advisors said the other day this country can't go bankrupt because they the government have the "power" to keep taxing so it won't go under. Well let the government keep taking over things and before long they won't have any, zero, nada, zilch profitable businesses making money to keep getting taxes from and then where will the money from come from?

By BryonLewis (****)

Date 03-25-2009 20:38

Profit is post tax.

By FixaLinc (****)

Date 03-26-2009 05:19

Profit is what pays for capital investments that built this country and all going to dry up with more taxes.

By uphill

Date 03-25-2009 21:03

Peelousy was looking into pretaxing saved retirement, but I suppose with enough oversees investors the big g"O"vernment will just print more.

There must be some end to all of this imaginary money fairy.