# The next trillion dollar bailout

**URL:** <https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059>\
**Category:** NYSpeed Off Topic\
**Created:** [January 28, 2009, 12:06pm UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059 "2009-01-28T12:06:26Z")\
**Posts on this page:** 20\
**Page:** 20

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [February 17, 2009, 1:30pm UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/381 "2009-02-17T13:30:07Z")

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Just imagine one of these for Iraq.

400 billion Halliburton.  
200 billion Bechtel.  
150 billion Aircraft, ground vehicles, humvees, etc.  
100 billion Aid to Iraqi gov’t  
…  
1 billion funerals- US soldiers  
$0.00 stopping al qaida  
:picard:

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**Author:** ![StrokedZ28](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/strokedz28/32/7592_2.png) [@StrokedZ28](https://forums.speedlife.net/u/StrokedZ28)\
**Post date:** [February 17, 2009, 1:58pm UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/382 "2009-02-17T13:58:04Z")

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> [@Joe](#):
>
> Just imagine one of these for Iraq.
> 
> 400 billion Halliburton.  
> 200 billion Bechtel.  
> 150 billion Aircraft, ground vehicles, humvees, etc.  
> 100 billion Aid to Iraqi gov’t  
> …  
> 1 billion funerals- US soldiers  
> $0.00 stopping al qaida  
> :picard:

Come on now everyone agrees that we need to help out Iraq and Big Oil first. Then we can focus on Americans. :banghead:

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [February 17, 2009, 6:21pm UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/383 "2009-02-17T18:21:46Z")

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[http://buffalo.bizjournals.com/buffalo/stories/2009/02/16/daily20.html](http://buffalo.bizjournals.com/buffalo/stories/2009/02/16/daily20.html)  
Stimulus is projected to create 20,000 jobs in WNY alone. That’s 20,000 people earning their own money and doing something productive in the area instead of being supported by you. With the private sector cutting people left and right, this will be a much-needed breath of fresh air.

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**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\
**Post date:** [February 17, 2009, 9:03pm UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/384 "2009-02-17T21:03:25Z")

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I was informed today that a job I inquired about was “waiting for me” when I move back. Boy that took some weight off my shoulders.

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**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\
**Post date:** [February 17, 2009, 9:21pm UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/385 "2009-02-17T21:21:28Z")

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I do not believe for one minute that 20,000 estimate. I guarantee that does not factor in the governments horrible efficiency rate.

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**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\
**Post date:** [February 17, 2009, 9:31pm UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/386 "2009-02-17T21:31:52Z")

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> [@Penfold](#):
>
> I do not believe for one minute that 20,000 estimate. I guarantee that does not factor in the governments horrible efficiency rate.

Also I would like to say that one of the talking heads on tv today said that they were not only counting jobs CREATED but jobs SAVED due to the stimulus. WTF IS THAT SHIT?!?!?! God I hope that dude was just some moe.

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**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\
**Post date:** [February 17, 2009, 9:33pm UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/387 "2009-02-17T21:33:47Z")

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That would make more sense I guess.

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**Author:** ![StrokedZ28](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/strokedz28/32/7592_2.png) [@StrokedZ28](https://forums.speedlife.net/u/StrokedZ28)\
**Post date:** [February 17, 2009, 9:48pm UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/388 "2009-02-17T21:48:40Z")

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> [@cougarspeed](#):
>
> Also I would like to say that one of the talking heads on tv today said that they were not only counting jobs CREATED but jobs SAVED due to the stimulus. WTF IS THAT SHIT?!?!?! God I hope that dude was just some moe.

At 20,000 jobs lost a day I would be happy to just stop that at this point. Consider any job created as a bonus.

Although I think the Recovery Plan will make jobs.

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**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\
**Post date:** [February 17, 2009, 9:54pm UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/389 "2009-02-17T21:54:56Z")

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> [@StrokedZ28](#):
>
> At 20,000 jobs lost a day I would be happy to just stop that at this point. Consider any job created as a bonus.
> 
> Although I think the Recovery Plan will make jobs.

I agree with you on both points and am just not sure how much I like the idea of them marketing “created jobs” as jobs prevented from going away and new jobs included. I am quite a fan of the new stimulus package personally. Mostly for my free house money. :spank:

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [February 18, 2009, 6:29am UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/390 "2009-02-18T06:29:30Z")

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According to NBC this morning each job created will cost $250,000. Super.  
I hope they are all Doctors.

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [February 18, 2009, 8:16am UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/391 "2009-02-18T08:16:26Z")

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Here is a good article from one of those crazy right-wing alternative news sources known as TIME Magazine/CNN…

> **[New World Order](http://content.time.com/time/magazine/article/0,9171,1877388,00.html)**
>
> Step aside, Yanks. Crisis-hit finance officials abroad want to lay down a new set of rules

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<div class="post-metadata">

**Author:** ![StrokedZ28](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/strokedz28/32/7592_2.png) [@StrokedZ28](https://forums.speedlife.net/u/StrokedZ28)\
**Post date:** [February 18, 2009, 9:05am UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/392 "2009-02-18T09:05:57Z")

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> [@Blue Eyed Devil](#):
>
> According to NBC this morning each job created will cost $250,000. Super.  
> I hope they are all Doctors.

And how much should a “new” job cost? Does this include cost for training? Equipment? Salary? Healthcare? Do you know why its going to cost $250k or are you just looking at the number and being pissed off? Cynical.

> [@Blue Eyed Devil](#):
>
> Here is a good article from one of those crazy right-wing alternative news sources known as TIME Magazine/CNN…
> 
> [http://www.time.com/time/magazine/article/0,9171,1877388,00.html](http://www.time.com/time/magazine/article/0,9171,1877388,00.html)

> … **inadequate and inconsistent financial regulation is uniformly blamed**. What’s more, a consensus seems to have emerged among the world’s finance ministers and central-bank bosses that the chief underlying cause of the crisis was an unbalanced and out-of-control system of global capital flows in which some **big-spender countries (namely the U.S.) ran up huge debts** while big savers (China and India, for example) hoarded surpluses.

Gee I wonder where all that debt came from in the past 8 years?

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [February 18, 2009, 9:14am UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/393 "2009-02-18T09:14:05Z")

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If my new hires cost me $250,000 I would be out of business.  
Sincerely,  
A guy who employees people.

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**Author:** ![theblue](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/theblue/32/5074_2.png) [@theblue](https://forums.speedlife.net/u/theblue)\
**Post date:** [February 18, 2009, 10:24am UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/394 "2009-02-18T10:24:14Z")

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after reading the last couple pages:

proving that the stiumlus had worked or failed is going to be a lot like dealing with the classic “bush kept us safe because there wasn’t another 9/11”.

who knows if bush did anything beyond stoping me from taking toothpaste on a flight and spending billions of dollars? we can never know because even without him nothing more might have happened for years.

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**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\
**Post date:** [February 18, 2009, 10:36am UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/395 "2009-02-18T10:36:30Z")

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OK, I DO NOT LIKE BUSH IN ANY WAY, but can we please start saying Bush, congress and the senate?

Its not like bush was king of the land. yes, your representatives fucked up too!

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**Author:** ![StrokedZ28](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/strokedz28/32/7592_2.png) [@StrokedZ28](https://forums.speedlife.net/u/StrokedZ28)\
**Post date:** [February 18, 2009, 10:42am UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/396 "2009-02-18T10:42:10Z")

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> [@Blue Eyed Devil](#):
>
> If my new hires cost me $250,000 I would be out of business.  
> Sincerely,  
> A guy who employees people.

You are creating a job from scratch. Also how did NBC figure it would cost $250k per job? Don’t tell me that they simply divided the amount of money by how many jobs they said they create.

Seriously you are not comparing what the gov’t has to do to **create** a job with what you do when you **hire** for a job are you?

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [February 18, 2009, 10:42am UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/397 "2009-02-18T10:42:29Z")

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Last night I saw a clip of Obama talking about all of the spending and he said that is what a stimulus is. I swear to God I am going to shoot my new TV!  
Seriously he thinks YOU MUST spend money to stimulate!?! Who is he Elliott Spitzer?!?

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<div class="post-metadata">

**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [February 18, 2009, 10:44am UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/398 "2009-02-18T10:44:40Z")

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> [@StrokedZ28](#):
>
> You are creating a job from scratch. Also how did NBC figure it would cost $250k per job? Don’t tell me that they simply divided the amount of money by how many jobs they said they create.
> 
> Seriously you are not comparing what the gov’t has to do to **create** a job with what you do when you **hire** for a job are you?

No BUT I garanfuckingtee you if they gave my company $250,000 I would hire back at the very least the three people I laidoff. TODAY, not in 2 or 3 years.

Let’s review; I would hire 3+ people today. The government MIGHT create one job who knows when.

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<div class="post-metadata">

**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [February 18, 2009, 10:52am UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/399 "2009-02-18T10:52:39Z")

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What do you think they ARE doing? The government isn’t directly creating all of these jobs, the departments are allocating the funds through grants to companies that meet their priorities. You want $250k? Present a plan for a promising project on what you’re gonna do with it.

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**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\
**Post date:** [February 18, 2009, 10:56am UTC](https://forums.speedlife.net/t/the-next-trillion-dollar-bailout/62059/400 "2009-02-18T10:56:11Z")

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The US economy is completly fucked in the 10 year time frame. I will bet on it.

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