CEO’s Make Billions While Taking Taxpayer Money
Ken Nwankwo on 07 30, 2010
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@numerical25
Thats a bad scenario. You guys should do what we do in the UK, have state healthcare (NHS). As with all government programs it could be managed better, and I know everyone in the US seems to be extremely pro-capitalism, and I know it is essentially a socialist institution, but it works well and is one of the best things about our country. Most of the EU have longer life spans. They are efficiant, sustainable and don’t waste food and energy anything like the UK & US does!
who’s idea was it to give banks money? the government… the government is one entity, the parties are just different masks of the same entity.
@horta85 Because it wasn’t just Obama’s Plan. George Bush had this in the works before Obama took office.Play it straight man.Obama continued with it and tried putting in more check and balances to make sure the money is repaid which Bushy for some reason didn’t occur to him to do that.I guess he was just going to take the companies word on it that they would repay.Obama’s hardly blameLESS but don’t put it ALL on him.
@numerical25
50 million people is an outrageous number including young people who don’t want to pay for it because they are healthy, and illegal immigrants who don’t deserve it. Also, no one can be refused healthcare. What is in question is health insurance. Everyone is guaranteed the right to be put in stable condition with or without insurance. As far as being 11th, compare lifestyles between countries. We are a gluttonous, unhealthy nation. Health Reform? Definitely! National Healthcare? NO!
FreeAccZ . info
is really good i just send me a voucher
Cenk, you should go to the Victor guy, and take you tax dollars back, we all should, and reuse it.
(By the way, I don’t think anyone can answer why we’re paying them.)
Hello TheYoungTurks
I have to admit I am very impressed with the quality of your videos here on youtube.
They are certainly a pleasure to watch as I do enjoy them.
I am sure there is many others who also feel the same about your videos.
Mark McCulloch
Well what do you expect from bigot prejudice democrats that created the problem in the first place. Democrats left the land mines when zipper bill was in charge. For the dumb ass bush, he and the rest of rep. could not defuse them. Now this democrat are just making it worse.
That’s only about 2000$ per person. Look, I know you would have like to get that 2000$ so that you could have bought some drugs or something, but aren’t you better off getting in debt 2000$ more so that a few smart people can keep there 400 000$ a year jobs? What if those banks went bankrupt just because they like to gamble with other people’s money in order to increase their performance bonus, but suddenly can’t pay their bookies? Wouldn’t that be terrible?
This is why we need health reform. 50million people without healthcare . People without healthcare getting turned down from medical care. All to increase the profits. People say that capitalism health care is more superior health care. Yet we place 11th in the world for average life span. Canada, Britain, and France have a longer health span then us. CUBA has a higher lifespan then us.
You got t understand, greed is a form of addiction. like literally, it should be classified as a legal health issue. just like gambling and alcoholism.
Can you bank $43,945.75 in 30 days with ZERO investment? Here’s what I know about it. People will do it with… Passive Income Advice [dot] com.
What can you even do with tens of millions of dollars, let alone billions? How many mansions does it take to make you happy?
I think all the 700 billion should have been distributed about the middle class and lower, However that splits up. Allowing people to pay off their debts and get in the green giving them money to buy stuff keeping jobs alive to make this stuff and also paying the banks for the loans they owed. so it ends up in the banks and auto companies anyways. win win win. but instead they gave it to banks and auto, everyone is still in the red, they fill their pockets and that is that.
Excellent information!
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Check out my channel!
Luda
No, we use piano wire! Get it right.
Get a rope!!!!!!
i make like eight or nine hundred extra dollars a month from this system that i bought on staytilyoucum(dot)hostzi(com),
it says you can make up to 15,000 a month so even with that you would still be under the 250,000 taxing range
And the dumb ass republicans keep saying that people making more than 250000 shouldn’t pay more taxes!! Increase the tax on those mother fuckers!!!
Here is what I think they should have done. Let the to big to fail financial entities declare bankruptcy, and then distribute the TARP loans to bunches of smaller healthier enterprises to buy up the valuable bits of the failing large banks, and investment enterprises. This would prop up our economy, while breaking up the “to big to fail” financial entities that, like a beached whale, would be crushed to death by their own weight.
Now you must understand recessions are cyclical as is prosperity, if people buy less, then less needs to be produced, if less needs to be produced, less people need to be working (job loss), if less people work, less are making money, if less are making money less is being bought, and so on and so forth, so what a a bailout does is it stimulates the economy by allowing companies to operate without layoffs, thus interrupting the recessionary cycle. I’m not arguing that it is on the taxpayers bill
Yes well the bailout also prevents those companies from collapsing. You see let me put it into language which accurately describes the situation as it exists in reality: toxic assets have accumulated to the point where there is systemic risk, which means a near complete collapse of the economy, meanng risk of massive job loss and a lack of fluidity in the market. End result: if the banks go bust, there are no more loans for small business (or any business) and if GM goes bust, millions lose jobs
I said YOU WERE SMOKING COCK!!!!
Dude you are retarded. Let me put this in a language even your small brain can understand.
Obama give Bail-Out to big company, us we people pay with tax they take from our checks.
Is that simple for you to understand or should I get a 3 year old so he can explain it to you!
Who said you were smoking cock? I was replying to your comment which didn’t contain any evidence or supporting arguments which I illustrated by similarly stating something as fact without backing it up. I apologize that you were unable to realize this. Now if you’d like to debate about bail-outs and their economic merits I would be more than happy to. Please refrain from being ad hominem as this just makes you look less intelligent than your are.