schoolmaster's Comments (45)

“He's not a Bernie Madoff, Warren made his money investing in the making of companies earlier in his life, like Lee Iococa did with the auto industry.
Hey Warren, if your interested hit me up at: whatsonyourmind1.nett" I'm Political Kim and I've been advertising live on the Internet Worldwide, which is where WE want to take it, right?
It will make you feel good to do "some good again"
That's where this economy and American Grassroots are right now.
Lifting the smaller boats also in rural and urban areas, to end the suffering of unemployment.
BARACK ON!”

“Buffett's stock is still way down from it's Oct 07 level. i don't think he is "overjoyed". Maybe you should watch at least one of the interviews that so enraged Ms Huffpo. Then you might have some credibility.”

“Sound thinking from schoolmaster:
"It is necessary to enforce uniform regulations to all banks without succumbing to the threats of wall street dictators and do what is RIGHT for the COUNTRY as a whole" (my caps)

pass the brandy....­.”

“Years ago we may have had a federal government that represented the people, but now that has all been eliminated. Our government has allowed itself to be taken over by special interests. Our vote is a mere formality. The "good of the people" no longer is a requirement for our Congressional representatives or our President. Instead, we now see that our government is more interested in the "good of the corporations".”

“I was a 3rd generation Republican. My parents, brother, sister, husband, brother-in-law -- ALL of us Republicans for years until we found Obama. A thinker. A statesman. Someone who our country can be proud of -- especially tonight.

The Republicans I know (and I'm from Southwest Ohio -- I know a FEW Republicans!) are becoming more and more unreasonable, self-centered, and childish. But I hope this speech reaches out to the moderates and reminds them of what makes this country so great. We CAN solve enormous problems if we work together. Most men and women of Congress are smart, energetic, and committed. But some have lost their way. I think this speech may have put a few back on track. I pray so...”

“As a campaign attack speech, it was an outstanding effort. As a speech to Congress, where he needs to get cooperation, it was a disaster. He was a partisan, belittling the opposition. He lost more support than he gained tonight. Shame.”

“Schoolmaster, you should check out the labor costs in Germany which exports the highest dollar value of any nation in the world. The factory wages paid there are much higer than here in the U.S.. Germany is not alone in this regard. The American worker gets paid less than the workers of many other first world nations, which sorry to say is a group in which we will shortly be excluded from at the rate at which we are declining. I'm tired of hearing about overpaid American workers. It's just another lie that gullible people accept without question.”

“Explain. How does one rationalize an overnight doubling in consumer goods prices to the American people, if the protectionist plan you've laid out could work.

Do you give a speech, and tell the proles that higher prices on everything is for their own good?”

“Once again, all of you, remember, the world doesn't revolve around Obama...ju­st keep that in mind.”

“why does government have to protect the share holder investment? When you buy stock in a company there is RISK. That's capitalism. Taxpapyers do not need to proect shareholders. The only thing government is obligated to protect are the depositors.”

“the shareholders will lose money and they should (as opposed to taxpayers). When you invest there is risk. And the investments they made are now worthless - the banks created "assets" out of thin air. It should be unacceptable to every American to expect taxpayers to bail out investors when their wall street investments tank. It is unfortunate that Wall Street investors may lose huge investments, but the alternative - taxpayers bailing them out - is far worse. We are far far past the time when we could have developed a solution that would have been "good" for everyone. This is going to be painful, but the pain needs to reside with those who made investments where risk was understood.”

“As a shareholder you are investing (gambling) with hopes it will produce dividends for you, but if it fails you are SOL. These banks have failed miserably, thus they should be nationaliz­ed.The government buys it up for a penny a share and that is probably more than they are worth. That transaction buys out all shareholders and the possiblity of any dividends. What is great about nationalization is when the banks become solvent again (someday) then the profits made from the banks revert back to the US treasury to pay off our debts and pay for our social programs and running the government in general. That is how our forefathers intended the banking system to be run, but Woodrow Wilson outsourced those duties to the FED (privately owned) in 1913 and now all those profits go to the greedy SOBS who own it rather than back to the government. This is also why we have an income tax, to pay for the debt we owe the FED (private owners) on the money they made and loaned us. We did not have an income tax until the FED came into being. We need to put all money creation and loan origination back in the hands of the government so all the profits go back to the government and perhaps we could reduce or even eliminate the income tax altogether. This is how our forefathers planned it to be in the constitution.”

“Here is an article from today's NYT that addresses your question - http://www.nytimes.com/2009/02/23/business/23bank.html”

“Why?

oil executives are infinitely biased against green energy.”

“yeah, that would work IF everyone had a computer and access to the internet--alas, it's not so yet”