Bush's address

This is a discussion on Bush's address within the A Brief History of Cprogramming.com forums, part of the Community Boards category; Honestly I haven't had a lot to say about this recently but it has gone too far. Using what I ...

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    Super Moderator VirtualAce's Avatar
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    Bush's address

    Honestly I haven't had a lot to say about this recently but it has gone too far. Using what I would call scare tactics and another 'you are with us or against us' type tactic Bush addressed the American people about a $700 billion bailout package.

    Frankly I don't buy it. In all my years I've never seen an address like that about the economy or what basically sums up to be scare tactics like if you don't do this then this will definitely happen. Ok so we are supposed to trust the economic advisors that, to this point, have been completely wrong and also are a part of the very government that had no oversight during this whole mess? C'mon we aren't that stupid!

    I'm very tired of the do it my way or bad things will happen in politics, science, and just about every field this thought process has penetrated into. Granted the current situation is very concerning but how do we know this bailout is the answer and not just more money going to the wrong people in the wrong places at the wrong time?
    Don't we have anyone out there in influential positions that can actually think something through without resorting to brainwashing and irrational knee-jerk decisions?

    Opinions?

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    and the hat of sweating
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    Well you've go an election coming up soon, so maybe you'll get lucky and get a Democrat this time.
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    Malum in se abachler's Avatar
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    700 billion, thats about $2000 per citizen, sounds like they are going to play favorites on which banks get bailed out, and which ones go through 'natural economic attrition'.

    Maybe they should treat the illness, not the symptoms. Turn the economy around, reign in the oil companies and the price of oil, and these problems with people defaulting on loans will mostly go away on its own.
    Last edited by abachler; 09-24-2008 at 09:14 PM.
    Until you can build a working general purpose reprogrammable computer out of basic components from radio shack, you are not fit to call yourself a programmer in my presence. This is cwhizard, signing off.

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    & the hat of GPL slaying Thantos's Avatar
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    Quote Originally Posted by Bubba View Post
    Opinions?
    Arguing politics on a forum like this is a complete waste of time and energy.

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    Registered User whiteflags's Avatar
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    If we don't do it, how unrealistic is the projected outcome?

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    The right to be wrong is important. It's part of life to be wrong and to learn from it. So I agree on that basis alone that the "my way or you're wrong and should be shunned" attitude is not helpful.

    As for bailing them out, why not just let capitalism take its course? That's what it's for, right?

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    Quote Originally Posted by Thantos
    Arguing politics on a forum like this is a complete waste of time and energy.
    All I want is my guns, my money, and my open-source software. Maybe the wife and a white picket fence...

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    Malum in se abachler's Avatar
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    Quote Originally Posted by robwhit View Post
    The right to be wrong is important. It's part of life to be wrong and to learn from it. So I agree on that basis alone that the "my way or you're wrong and should be shunned" attitude is not helpful.



    As for bailing them out, why not just let capitalism take its course? That's what it's for, right?

    When it means the poor suffer from unemployment and high cost of living yes, btu when it means the rich become poor, they change their tune, suddenly its a huge national emergency. Can't really blame them, who would want to live the way most of us do when you are used to spending $700,000 on a dress. The wealthy inthis country, adn the world, need a hard dose of reality, the human race does not exist to serve their petty vanities.
    Last edited by abachler; 09-24-2008 at 09:53 PM.
    Until you can build a working general purpose reprogrammable computer out of basic components from radio shack, you are not fit to call yourself a programmer in my presence. This is cwhizard, signing off.

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    Super Moderator VirtualAce's Avatar
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    My view is they haven't needed us in the past so why do they need us now? They send half the middle class jobs elsewhere and try to eliminate the middle class altogether and now they are saying they need the middle class. As some have told me at past industrial jobs "I guess they will have to learn to make do with less." Sort of different now that the situation is turned around.

    Arguing politics on a forum like this is a complete waste of time and energy.
    When isn't it a waste of time and energy? I'm just interested in the various opinions out there and have no intention of creating a flame war or a huge debate. Nothing wrong with healthy debate as long as it does not turn personal. I guess the presidential candidates should remember that as well.
    Last edited by VirtualAce; 09-24-2008 at 10:08 PM.

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    Registered User whiteflags's Avatar
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    So all this speculation about people losing their homes and the collapse of the financial sector endangering us all are a lie and more about the rich not getting their just desserts?

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    pronounced 'fib' FillYourBrain's Avatar
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    feeling good about hurting the rich is short sighted.

    - the rich invest their excess $$ in companies
    - companies use investment to expand
    - expansion = jobs
    - more jobs is the best way to help the poor
    "You are stupid! You are stupid! Oh, and don't forget, you are STUPID!" - Dexter

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    pronounced 'fib' FillYourBrain's Avatar
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    conversely, the best way to hurt the poor is to take from the rich for the same reason stated above.
    "You are stupid! You are stupid! Oh, and don't forget, you are STUPID!" - Dexter

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    Quote Originally Posted by Thantos View Post
    Arguing politics on a forum like this is a complete waste of time and energy.
    HITLER!!!
    Here to Deceive, Inveigle, Obfuscate Since 1945

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    I'm not saying bad things wouldn't happen, but I think that if things just take their course, then there would be a more financially independent stable society that would make it much less likely that this sort of thing would happen in the future. In the long run.

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    (?<!re)tired Mario F.'s Avatar
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    Quote Originally Posted by robwhit View Post
    I'm not saying bad things wouldn't happen, but I think that if things just take their course, then there would be a more financially independent stable society that would make it much less likely that this sort of thing would happen in the future. In the long run.
    I couldn't have said it better.
    I'm personally alarmed at USA government willingness to meddle in the financial crisis.

    Those 700 billion would be better used to help the government brace itself for what its coming and let capitalism sort itself out. Because it will. Capitalism is the one and true economic regulator. The extent of government meddling should be the passing of laws that will stop this from ever happening again (i.e. a stronger hand on Wall Street) and launching a series of investigations to find and prosecute the culprits.

    Anything more than that, and fewer lessons will be taken from this and many more companies will feel that no matter what the White House will always tuck them in at night. And they will do it with taxpayers money. This is not capitalism.
    The programmer’s wife tells him: “Run to the store and pick up a loaf of bread. If they have eggs, get a dozen.”
    The programmer comes home with 12 loaves of bread.


    Originally Posted by brewbuck:
    Reimplementing a large system in another language to get a 25% performance boost is nonsense. It would be cheaper to just get a computer which is 25% faster.

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