Posted on 01/17/2008 5:40:12 AM PST by Calpernia
A lot of aid but where's the economic stimulus?
The number one problem in New Jersey's economy is the depletion of wealth through declining home values, said the governor.
The number one problem with New Jersey's economy is that New Jersey-ans are taxed up the wazoo! And there is rampant state-level corruption and cronyism.
The number one problem in New Jersey's economy is the depletion of wealth through the governor and Democrat legislature.
It's just amazing that he ran Goldman Sachs without driving it into bankruptcy.
Well THAT confirms that it would be a disaster.
Well THAT confirms that it would be a disaster.
There you go Hil reward the guys that bit off more than they can chew. Seems to me that the government has no business meddling with loans to private individuals; the government did not make the loans. Those sub prime loans were risky business, the investors knew it and wanted the big returns if the individuals paid. So what is it that I am not understanding here?
You put it mildly. But bump.
So did the government.
We are in the same boat as you. You have my empathies.
Liberals always find a way to pay back their base... UNIONS... state and local, who else is going to pass out their ‘stimulus’ dollars. Just shoring up their voting base.
Ditto. Sigh.
And on the subject of what the government knew and when it knew it, on the illegal alien angle....
Hannie Mae - Formalizing Lending To Illegal Aliens
Loans to illegals may not be a majority of the bad loans, but I say it's a big part of the reason money was so easy to get.
Just more pandering for votes -— and the socialist mob keeps working within itself to do just that -— steal from the public to buy votes. Where is your platform Hitlery? Where is your plan for America? Where is your plan to fix the corrupt Congress? Where is your ANYTHING?
Except for your sick lust for Marxist power at any price??
Let’s see.....NJ with a recent Corzine-desired smoker ban, Grandhole desperately wants one, with one of the highest unemployment rates in the country.......both states bleeding residents dry,NJ perhapsthe most corrupt state in the union... Grandhole just having raised taxes again to keep from defaulting....yeah, I’d say these two are among the best at advising her.
The communist Jennifer Granholm, governor of Michigan, has run the state into the rocks - highest unemployment in the country, quarter after quarter of negative growth and taxes and fees through the roof. She is now in the process of destroying private property. In short, she’s creating a socialist welfare state composed of government employees, retirees drawing state pensions, crooked politicians and welfare bums - all Rat demographics.
Productive citizens and businesses have left by the tens of thousands.
Granholm is a living, breathing example of why you should never, never vote a woman into office just because she’s a woman.
Consulting Granholm on economics is a joke. She couldn’t run an iced lemonade stand in the desert.
Jon Corzine has avoided a lot of scrutiny for the role played by Goldman Sachs in the stock-market bubble that greatly expanded on his watch.
There was a class-action suit filed charging that Goldman Sachs underwriters were involved in manipulating numerous initial public offerings (IPOs), including at least six when Jon Corzine was at the firm’s helm.
Nicholas Maier the syndicate manager at Cramer & Co. from 1996 to 1998, reported to the SEC investigators that Goldman Sachs routinely forced him to buy stocks at inflated prices if he wanted to participate in the red-hot IPO market. He called Goldman Sach’s “the worst perpetrator” of such a scheme. Mr. Maier charged that Goldman Sachs, under Corzine’s watch, “totally fueled the [market] bubble.”
The biggest economic stimulus from the federal government would not be to rob Peter even more, to hand out more to Paul, as Clinton proposes, but would return even more money to everyone by reducing their taxes - the people will spend those tax-savings in ways that will be much more beneficial to the economy than would any handouts from Clinton.
NJ’s intern Governor Jon Corslime who didn’t understand the dangers of NOT wearing a seat belt while travelling at >90 mph, and ignoring the law, now wants to protray himself as a financial expert (he was fired by Goldman-Sachs)!
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