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Old 01-08-2009, 09:27 AM   #81
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Larry Flynt wants his bailout bucks.

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Old 01-08-2009, 10:38 AM   #82
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You have to admit though... he's got a point. The Big 3 execs whored themselves out last month in front of Congress (not to mention the World population). What's the difference?
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Old 01-08-2009, 10:44 AM   #83
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You have to admit though... he's got a point. The Big 3 execs whored themselves out last month in front of Congress (not to mention the World population). What's the difference?
He usually makes a pretty good point (like proving that being able to see a woman's cervix can sell magazines...)
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Old 01-08-2009, 10:45 AM   #84
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You have to admit though... he's got a point. The Big 3 execs whored themselves out last month in front of Congress (not to mention the World population). What's the difference?
Flynt in particular and the porn industry in general are not in any financial trouble. They are actually providing their customers with products and making a profit in the meantime. In other words, they're capable and competent business managers. In order to get money from Paulson, one must first demonstrate gross incompetence.

That's the difference.
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Old 01-08-2009, 10:48 AM   #85
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I say let them go bankrupt so that their good assets can be purchased by others at bargain bin prices. Like what they should have done for the auto companies.
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Old 01-08-2009, 10:48 AM   #86
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lol. Point well taken. I don't approve of his industry, but I thought he and that other guys bit was rather funny.
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Old 01-08-2009, 11:17 AM   #87
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lol. Point well taken.
The funny thing is, I'm actually kind of serious. We could argue about whether powers-that-be should be picking and choosing industry winners and what their criteria should be for picking and choosing those industries if they must -- if popular demand for an industry's products and services is part of the criteria than how do we rule out the porn-providers off the bat?

but it's all moot because the porn industry is doing just fine, at least according to the earlier article.

In order to get money a company must be a failure. Bigger failure --> more money. This is intrinsic to the bailout plans. Of course it is! Why would the government need to bail someone out if they weren't in trouble?

This is where I think 'how' we think about economics is as important as 'what' we think -- do we think of the central question of economics is people working more and spending more and lending more and stock prices going up, etc..., etc....or do we think of the central question of economics is the efficient allocation of resources?

The bailout plans are certainly about keeping people working and keeping people spending and such, but it's hardly an efficient allocation of resources to take money from those who don't squander it and give it t those who do. (The Parable of the Tenants comes to mind)
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Old 01-08-2009, 02:10 PM   #88
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silly me. I thought that the porn industry was itself a "stimulus program"....
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Old 01-08-2009, 02:20 PM   #89
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can we get another rimshot?
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Old 01-08-2009, 03:07 PM   #90
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Let's see, I have a Chevy, Dodge, Jeep and a Toyota...3 of which are paid for, one of which is getting close.

Never again will I buy a car without paying for it cash.

Why are people worried...if the automakers go down, some new ones will step in...It's all about Change.

Isn't free market all about letting companies who make good decisions survive, letting consumers decide what is actually good or not?

I'm hearing today that the issues with the big three is it's average wage...something like $78 per hour per employee...while companies like Toyota are down around $48 per hour.

Unions are forgetting, that although it's great to increase the income of your members...if you push too hard, you will cause the company to go out of business and essentially cost your members their jobs.

I am all for breaking up the unions!!!
I've got to agree! The UAW is THE reason that GM is unprofitable, in my opinion. The same thing could be said about the U.S. Steel industry 20 years ago as well, and 75% of the U.S. Steel companies have since either been bought by competitors or have declared bankruptcy - which is what should happen to Ford and GM.
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Old 01-08-2009, 04:54 PM   #91
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Now Obama wants Congress to delay the FCC from switching to digital broadcast...We have to bail out tv viewers?

http://www.washingtonpost.com/wp-dyn...l?hpid=topnews

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President-elect Barack Obama's transition team today asked key members of Congress to consider delaying the nation's switch to digital television scheduled for Feb. 17, saying there is "insufficient support" for the problems consumers will experience during the shut-off of analog signals.
.
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Old 01-08-2009, 05:33 PM   #92
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He usually makes a pretty good point (like proving that being able to see a woman's cervix can sell magazines...)
Damnit Under !
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Old 01-10-2009, 11:39 PM   #93
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Old 01-10-2009, 11:40 PM   #94
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Old 01-10-2009, 11:50 PM   #95
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http://unclejayexplains.com/2008/09/...-sept-22-2008/
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Old 01-10-2009, 11:58 PM   #96
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Old 01-11-2009, 08:52 AM   #97
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I've long thought that the Federal Government would crumble when the Social Security Ponzi Scheme fell apart, but I'm beginning to think it won't make it that far.
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Old 01-16-2009, 10:12 PM   #98
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http://americandigest.org/mt-archive...elosi_gtxi.php

Here is the car from Congressional Motors...
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Old 01-19-2009, 02:16 PM   #99
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Here's a good bail out video:

http://www.youtube.com/watch?v=LO4cqRka8HA

And yes, they showed this at church this weekend
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Old 01-20-2009, 11:50 PM   #100
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that is very funny, 92BDad
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Old 01-21-2009, 01:52 PM   #101
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Once in a while I get lucky...as long as I stay away from my opnion, I can find a few amusing things...

Get my opinion button pushed and I pretty much turn into a babbling idiot...but then again, the other side is not too much different, in terms of being babbling idiots!!!
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Old 02-25-2009, 03:10 PM   #102
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dogbert as auto exec
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Old 02-25-2009, 03:44 PM   #103
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that one's a good 'un.
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