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Opinions
I do not smoke cigarettes.
The Federal Reserve should not have more authority to supervise financial institutions.
The home mortgage interest deduction should be eliminated. Enough of giving special breaks to a select group of people.
Ben Bernanke should not be reappointed as Federal Reserve Chairman in 2010. This guy is a disaster.
The SEC should reinstate the uptick rule.
General Motors (GM) will not become a successful company again. A corrupt, inefficient, Government and a corrupt, greedy union is a recipe for disaster.
Outsourcing weakens the US economy. it weakens our economy but helps the world economy because the work is done cheaper and more efficiently.
The U.S. government should not change the size or texture of its banknotes.
Tobacco companies should not be liable for smoke-related health problems. not anymore, the facts on the dangers of smoking have been out there long enough for smokers to take personal responsibility.
Ben Bernanke should resign as chairman of the Federal Reserve. Clear failure especially since the Obama administration has taken over.
Air travel is safer since 9-11.
The U.S. should build more oil refineries.
There should not be a global financial regulatory system. Please, it would be a corrupt, monstrosity.
The U.S. economic recovery will be in the shape of an L. This economy is in major trouble. There is major inflation looming, that will stifle any growth.
Race and ethnicity should not be a factor in hiring and promotion. I would think that we are past that now.
The quality of Starbucks coffee does not merit the price. It is the most expensive coffee out there, but not the best.
Congress should follow "pay as you go" budget rules. Is Obama kidding? Does this clown have any shame? He is in charge when the most corrupt, wasteful, fraud, partisan, special interest filled giveaway in the history of the country that more than doubled the National Debt in less than 100 days and now he wants pay as you rules? Just another example of Obama being all flash and zero substance.
A Master of Business Administration (MBA) degree does not merit the cost. Unfortunately, I still think who you know is the most important thing.
The $787 billion stimulus bill is not satisfactory. It is an absolute disaster. Democrats loaded up this bill with every pet project and special interest favor that they couldn't get on to a bill in the last 8 years. They are no better or no worse than the Republicans, as they did the same for the last 8 years. This corruption, waste, and fraud needs to end but it will not until we, the people, stop taking sides between these two corrupt parties. We need to demand real change, not a catchy slogan that is turning out to be the same old Washington, just under different management.
The financial crisis will not lead to another economic depression. I just don't think most people understand what the Depression actually was. In 1933, the unemployment rate was over 25% and that was before the majority of women were even in the workforce. That is a staggering number. Today people are so trained to think that we shouldn't even have recessions, which are part of the normal business cycles.
The MTA fare hikes are not justified. New York has to be the most corrupt and inefficient run state. These criminals who fix the elections through gerrymandering refuse to cut back on their corrupt and wasteful spending, instead their answer is always the same, stick it to the people with either higher taxes, fare hikes, etc. It is a good sign that Joseph Bruno could be going to jail, but Sheldon Silver, David Paterson, Malcolm Smith and the rest of these lying corrupt politicians should be right behind him.
Labor contracts are most responsible for the U.S. auto industry's financial problems. It is unfair to only say onerous, wasteful labor contracts is the most responsible because corrupt and wasteful management is equally responsible. There should have been a choice for both.
The Obama Administration's handling of the auto bailout has been unsatisfactory. Another disaster by Obama. He should have let them go into bankruptcy and reorganize as leaner, better companies, but when corrupt Union leaders stuff your campaign war chests, pay back can be a bitch.
Bush Administration policies have had a negative impact on the economy. And so have Obama's, why is this even an issue, isn't obvious?
Capitalism is the most effective economic system. Communism is just as bad as Fascism with its history of violence, the only reason why it is not held as low as Fascism is that the Communists, i.e. Russia, China, Cambodia etc, usually only kill their own people while the Nazis killed other ethnic groups. Socialism has pretty much failed everywhere, so it is leaves Capitalism as the winner. Socialism while a nice concept in the abstract will never work because of corruption, cronyism, lack of incentive, etc. The bigger government is, the more corrupt and inefficient it is.
The federal government should allow General Motors (GM) to file for bankruptcy. If any company ever needed a "fresh start" it is GM. They are locked into bloated executive and worker salaries that makes it absolutely impossible for them to compete with better run companies.
The U.S. government should not have given AIG more money. Isnt it obvious? The bonus thing was a fiasco and an embarrassment for all the corrupt politicians who approved it, but what is even worse is that billions of our taxpayer dollars went to foreign companies. Do you think European Governments would do anything to benefit an American company?
TARP funds should be restricted from reaching foreign institutions. There should be no TARP funds to begin with, but if there are going to be any, why should my tax money go to foreign institutions?
It was appropriate for the Obama Administration to force GM's CEO Rick Wagoner to resign. But it would be more appropriate for Obama to force Chrid Dodd, Barney Frank, Nancy Pelosi and other corrupt, incompetent lying members of Congress to resign.
Secretary Geithner's public-private partnership to buy up toxic assets will not help stabilize the financial system. Who wants to be in business with the bunch of imcompetent fools who run our government? Any smart investor will avoid doing anything controlled by a bunch of corrupt, incompetent morons.
The government should regulate salaries of companies who have received bailout funds. Of course they should curb the ridiculous salaries and bonuses, but this move by Obama and the Democrats is typical politcal fluff with no teeth at all as it is not retroactive to all the companies who already received bailout funds. It is actually a joke
Dunkin' Donuts brews a better-tasting coffee than Starbucks. Not even close, I am a huge coffee drinker and I don't even like Starbucks.
Congress should not grant the Treasury Department authority to take over non-bank financial institutions that pose a systemic risk. The Government screws up everything it touches, just look at the AIG debacle, do you really want more of this? The Government is filled with incompetent fools.
The proposed 90% tax on AIG bonuses is not constitutional. It is clearly a bill of attainder. The Legislature is trying and convicting a group of people to score political points for themselves. But why do these corrupt, lying people in Congress care about the Constitution when they are trying to deflect their blame (knowing about and explicitly approving the bonuses in the 2/11 Bank Bailout Bill) in this whole mess.
Cutting corporate tax rates is an effective method of creating jobs. It seems pretty obvious that if the tax rate here is less burdansome than in other countries then companies will hire here instead of abroad.
The government should allow large banks to fail. Let them fail, a more competent, better run bank will rise up in its place. Rewarding failure only breeds more failure, not to mention more corruption and waste.
Motorists should not be charged a fee to enter congested city centers.
Food should contain country-of-origin labeling.
The government should offer cash rewards to citizens for developing new technology.
Congress should not tax AIG bonuses. No matter how distasteful and inappropriate the bonuses were, this tax sets a bad precedent and could be used by a spend happy President and Congress to tax others to fund more of their corrupt and inefficient spending. It also takes the blame off of where it should be, which is the Government, which not only spent our taxpayer money to bail out a company that should have gone into bankruptcy, but all of these lying hypocrites approved these bonuses in the 2/11 Bank Bailout bill. I don't trust Obama and the Democrat Congress as I think this is just another way to promote their socialist agenda in a dishonest way.