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You're saying that the banks are doing this on purpose? Why, so they can fail like Lehman Brothers and Bear Stearns? And the dollar is actually going UP in value, which is what it does during a recession. Everyone lost money in the housing collapse, ergo, there is less money, ergo, money is...

Naturally, I don't know the fine details of how the plan is being implemented. Maybe when they report to congress it'll be on C-SPAN?

Yeah, I meant to say that I'm sure others are hurting more than me, but that it's not the end of the world. That sucks for you though. What does that mean, when you lose equity? You have to pay way more than your house is worth for it? I mean, you're not going to lose your house are you...

He's putting a wide variety of people in his cabinet, both from inside and outside Washington. This is about compromise. A lot of Hillary Clinton's supporters were upset that she didn't win, so he gave her a pretty sweet job. Now, I personally don't like her all that much, and I'm one of her...

Ok, let's say some of the animals did cause the crisis, but you're not 100% sure which ones. That doesn't change things, because the crisis will kill everyone, not just the ones responsible for it. So you make a quick judgment call and save whichever species you think are most important. Then...

This good enough? Warren appointed to Congressional panel overseeing Treasury?s economic bailout plan

Paulson's initial proposal did not establish oversight (which isn't the same as saying there would be no oversight, it just wasn't mentioned), however this is not the proposal that congress approved. The actual bailout plan does have congressional oversight and special oversight offices built...

True. I just hope they get around to research or improving infrastructure rather than squandering it.

An understanding of sociology, ie, how society and communities function. Citizenship. That's why I've been calling it "community service" rather than "volunteering"; I didn't want to get in an argument over semantics. I see you couldn't resist getting in that argument anyway though, despite...

The main objection was insisting Obama would suck before giving the guy a chance to prove himself. That's all. They've actually proven that most people tend to forget bad things faster than they do good things. Thus, when you look back on what you can remember, the farther back you go, the...

Heh, thanks. I know Atlas Shrugged is fiction, but it has a moral to it. And when you base your moral on a flawed story, that throws off the veracity of your moral. Take the story of the tortoise and the hare. Now imagine that right before the race starts, the tortoise prays very hard to...

If everything is bad, then how do you define good?

My point is that calling Obama a socialist is meaningless if you expand the definition of "socialist" to include Obama, since every other politician would be considered a socialist too. Community service ostensibly has educational benefits. Whether you agree or not is irrelevant, just like...

I agree. It's the government's job to nip these problems in the bud before they spiral out of control. While the problem did start under the Clinton administration, the Bush administration had a huge window to do something about it, and they did nothing. But it wasn't the Clinton...

That's three questions, but I'll try and answer them all. The Federal Reserve won't make the US government pay them back because the two are closely in sync, and they generally help each other. If the Federal Government collapsed, this would be very bad for the Federal Reserve. Too much money...

If the guy is as lazy as my former friend, he's probably going to sit on his ass and not invent anything. Therefore, the money is given to people who are more motivated toward actually doing something with their lives, and thus the government gets a better return on its investment. ;) So...

I know it's counterintuitive, but essentially printing money as a means to fend off the recession is actually the best thing to do right now. I'm sure people will disagree with me, but it's true. The reason is that the value of the dollar is based on how much people want it vs. how many...

It's Clinton and Carter's fault because it's easier for some people to pass the blame rather than accept responsibility. Like Bush, he never admitted he was wrong to go into Iraq even after they found out that all the reasons for the war were false. He even implied that it was congress's fault...

It is certainly arguable that community service has educational value, in a sociological capacity if nothing else. Hands-on experience is the sort of thing people don't forget easily.

Interesting that you should immediately jump on the part of my response I distinctly said to ignore. Is not being able to graduate unless you do your homework also coercion/compulsory servitude? It's a fucking school. They make you do work that has educational value every single day, if...