Welcome to PatsFans.com

Michael Moore on the Bailout Bill

Discussion in 'Political Discussion' started by Wildo7, Sep 29, 2008.

  1. Wildo7

    Wildo7 Totally Full of It

    Joined:
    Oct 1, 2007
    Messages:
    8,852
    Likes Received:
    34
    Ratings:
    +39 / 2 / -0

    He doesn't agree with copyright laws, so I think I'm safe posting the entire thing here.

    Please save all of the usual right wing evasions about how fat he is, and how ugly he is blah blah blah, and just respond to his arguments or don't respond at all.

     
  2. Real World

    Real World Moderator Staff Member

    Joined:
    Aug 15, 2006
    Messages:
    27,131
    Likes Received:
    220
    Ratings:
    +527 / 6 / -2

  3. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

    Joined:
    Sep 13, 2004
    Messages:
    31,626
    Likes Received:
    216
    Ratings:
    +509 / 13 / -11

    #24 Jersey

    Moore is a one trick pony. Why did I guess he'd blame this crisis on the lack of health insurance ?
     
  4. Wildo7

    Wildo7 Totally Full of It

    Joined:
    Oct 1, 2007
    Messages:
    8,852
    Likes Received:
    34
    Ratings:
    +39 / 2 / -0

    If that is the number one cause of bankruptcy then how is he wrong?
     
  5. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

    Joined:
    Sep 13, 2004
    Messages:
    31,626
    Likes Received:
    216
    Ratings:
    +509 / 13 / -11

    #24 Jersey

    I don't believe he is right. Just because Michael Moore says it doesn't make it true. If it were true why did it start happening when all the adjustable rates on mortgages started adjusting up ? Sure health costs are going up but they've been unaffordable for a long time. Do you actually believe the drivel he writes without thinking for yourself ?
     
  6. Wildo7

    Wildo7 Totally Full of It

    Joined:
    Oct 1, 2007
    Messages:
    8,852
    Likes Received:
    34
    Ratings:
    +39 / 2 / -0

    He doesn't get his facts wrong. In all of the countless efforts right wingers have made to smear him, they have still yet to get him on any actual incorrect facts. Yes, I think for myself, personally I don't know much about this situation, it's not my forte. I'm not sure if you can say it's because of healthcare, but I think his argument is that if we didn't have all of the bankruptcies that result from medical bills, this wouldn't have happened. People are defaulting on loans they couldn't afford because they couldn't pay their medical bills (in many cases).

    Now we're in a position where 700 billion+ taxpayer dollars are being sent to rich people on wall street. With all of the anti-socialist rhetoric the right uses, this is the worst kind. If we have to spend 700 billion, what's better, using it on healthcare or using it on this? If right wingers hadn't been so opposed to universal healthcare then perhaps we wouldn't be spending the same amount of money on something this disgusting anyway. I think it's a very fair point for him to make especially when he's been so vocal on the issue.
     
  7. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

    Joined:
    Sep 13, 2004
    Messages:
    31,626
    Likes Received:
    216
    Ratings:
    +509 / 13 / -11

    #24 Jersey

    That doesn't pass the sniff test for me.

    We have never had national health care. We have always had a lot of uninsured - mostly non home owners because they didn't have a good paying job or didn't have a job at all. Suddenly all these people without homes are wrecking the economy by . . . losing the homes they don't have ? Riiiight.
     
  8. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

    Joined:
    Sep 13, 2004
    Messages:
    31,626
    Likes Received:
    216
    Ratings:
    +509 / 13 / -11

    #24 Jersey

    You are usually more learned than this. The money wouldn't go to "rich people on wall street". It would go to keeping the banking system intact - including things like keeping ATMs full of money and allowing people and businesses to get loans. It would go towards, unfairly but whatever, people with loans that have adjusted up getting better fixed rates.
     
  9. Wildo7

    Wildo7 Totally Full of It

    Joined:
    Oct 1, 2007
    Messages:
    8,852
    Likes Received:
    34
    Ratings:
    +39 / 2 / -0

    Well I don't know what percent of people who go bakrupt due to medical bills are home owners. But if it's truly the number one cause of bankruptcy then to say that they don't represent a large number of homeowners doesn't pass the sniff test...
     
  10. Real World

    Real World Moderator Staff Member

    Joined:
    Aug 15, 2006
    Messages:
    27,131
    Likes Received:
    220
    Ratings:
    +527 / 6 / -2

    Moore's a moron. Of course, that news shouldn't surprise anybody.

    Fine, assuming his claim on bankrupcy & HC is accurate, what does that have to do with the price of banana's? The intelligent question to then ask is, what percentage of those who claimed bankrupcy, were even home owners? Of course, that doesn't even matter, since declaring bankrupcy protects your home!
     
  11. Real World

    Real World Moderator Staff Member

    Joined:
    Aug 15, 2006
    Messages:
    27,131
    Likes Received:
    220
    Ratings:
    +527 / 6 / -2

    Do illegals have to pay their medical bills, or do they just declare bankruptcy when they pile up the bills?
     
  12. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

    Joined:
    Sep 13, 2004
    Messages:
    31,626
    Likes Received:
    216
    Ratings:
    +509 / 13 / -11

    #24 Jersey

    Nothing has changed with health costs in the past 2 years for this to have happened. Health costs have gone from very, very, very, very unaffordable to very, very, very, very, very unaffordable. What has changed recently is the large number of variable rate mortgages which went way higher after passing their teaser rate time period. Duh.
     
  13. Wildo7

    Wildo7 Totally Full of It

    Joined:
    Oct 1, 2007
    Messages:
    8,852
    Likes Received:
    34
    Ratings:
    +39 / 2 / -0

    Except A) are there adequate reforms in the bailout so that it isn't just reinforcing risky behavior? and B) is there language that stops these people from moving their assets abroad?

    Wasn't the WaMu CEo going to get 18 million?
     
  14. Fogbuster

    Fogbuster Pro Bowl Player

    Joined:
    Aug 10, 2005
    Messages:
    13,674
    Likes Received:
    10
    Ratings:
    +10 / 0 / -0

    Michael Moore is the biggest tub of feces ever to make multi-millions from stupid people who support his propaganda.

    Why John Candy?? Why not Michael Moore???


    //
     
  15. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

    Joined:
    Sep 13, 2004
    Messages:
    31,626
    Likes Received:
    216
    Ratings:
    +509 / 13 / -11

    #24 Jersey

    That has nothing to do with the bailout. Even if it did, while wrong, that is a tiny part of what would be gained by the overall economy.
     
  16. Real World

    Real World Moderator Staff Member

    Joined:
    Aug 15, 2006
    Messages:
    27,131
    Likes Received:
    220
    Ratings:
    +527 / 6 / -2

    [​IMG]
     
    Last edited: Sep 29, 2008
  17. Wildo7

    Wildo7 Totally Full of It

    Joined:
    Oct 1, 2007
    Messages:
    8,852
    Likes Received:
    34
    Ratings:
    +39 / 2 / -0

    I'm not going to argue with that, and I don't think Moore would either. But the point is that is medical bills were affordable then perhaps people could afford to actually pay back the loans they were duped into by predators that signed them into variable rate high risk mortgages.
     
  18. Wildo7

    Wildo7 Totally Full of It

    Joined:
    Oct 1, 2007
    Messages:
    8,852
    Likes Received:
    34
    Ratings:
    +39 / 2 / -0

    Not if you have to default on your mortgage in the process.
     
  19. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

    Joined:
    Sep 13, 2004
    Messages:
    31,626
    Likes Received:
    216
    Ratings:
    +509 / 13 / -11

    #24 Jersey

    Ignoring the predator thing which is just another example of people not taking responsibility for their own decisions - I have no doubt that some people have lost their house over the past year due to medical bills. But if it's more than before it is almost certainly a tiny percentage more than before. For what to have happened has to be a systemic change and we haven't had that in health costs - we've had it in adjustable rates adjusting.
     
  20. Wildo7

    Wildo7 Totally Full of It

    Joined:
    Oct 1, 2007
    Messages:
    8,852
    Likes Received:
    34
    Ratings:
    +39 / 2 / -0

    What did you feel this added to the conversation? You are seriously the most annoying ******* idiot on this board.
     

Share This Page

unset ($sidebar_block_show); ?>