just want to be able to copy+paste this image in the future, and as a bonus, made a reference to pop culture. but why stop there… what other things could this stamp be used for?
keywords: denied, stamp, leo’s furniture idea, jon’s taste in music, buffalo chicken fingers are yummy, cilantro is too.
and now, just a few hours after this was posted, if you search for “AIG new CEO application” in google, this is the first result.
of course, it’s also the first result if you search for:
“Leo’s yummy idea of buffalo chicken on furniture”
or
“Jon’s music has the taste of CEO fingers in cilantro”
I got the big N-O when I tried to become the new GM CEO.
Uh… “Darn”
I’d actually think it might not be so tough to become the new head of AIG…but, who’d want to…
I’m going in for an interview on friday. Wish me luck!
I GOT THE JOB!!! Who wants a billion dollars from the government? Come on it’s free!
I guess it would be nice to get some of my money back. Sign me up.
Speaking of free stuff from the government. Did anybody hear El Prez say that the government was going to honor all GM warranties? Who thought that up?
Socialism thought it up Drew. Get with the times.
Yay! No one can fail and no one can succeed!
gm easily accounts for 10% or better of our gross economy world economy and employment. there is no way any government social or democratic would let a large entity like gm or chrysler or ford go under. keep in mind we put the congress and president in charge that we all knew would make these kinds of moves. we can’t just sideline judge like we had nothing to do with this. take some responsibility America. If we would all just get out there and spend some money and have a little confidence in our economy things WILL change. Its a consumer driven economy. Keynesian economics come we all know this. Aint capitalism grand. In my honest opinion the government is honoring the warranties so ppl have no reason not to get out there and buy a new car. Store up your treasures in heaven and blow your cash on America. BOOYA
But if a government is propping up a failing company and forcing every citizen to pay for something that has little return for them (yes, if GM goes down, we’d all feel it some way) its not capitalism anymore.
Capitalism is a market responding to the real buying power of consumers, not a falsely inflated market with no real permanence being funded by ever-deepening debt that is robbing consumers of the future ability to provide for themselves without even more debt.
Frugality and financial responsibility by the post-War consumers laid the foundation for the financial prosperity that our country has seen since their time. These last generations lost all perspective on what good personal economics is and took on more than they could handle. Taking on more will kill us or enslave us to China.
The perspective espoused by the current government leaders is an effective plan for small problems. Ours is not a small problem. We are 4 feet down, with 2 to go. Savings and drastic reduction of spending is what is needed to correct the market and position us to rebuild a solid foundation to provide for our future.
no offense I believe what you have said is completely off the mark.
I do agree irresponsible lending HAS led to our crisis in the banking world which has reverberated throughout our economy. However those policies laid by the Clinton administration have allowed unqualified buyers to attain property with little to no money in hand. this created a feeding frenzy of property speculators with no real home owners or buyers. we as a nation cut legs out of a booming economy and now have to rebuild it. If we all become frugal the small businesses WILL go under followed by the larger ones which in turn will equate in massive job losses which will tumble us the further proverbial “2 feet” as you’ve said. It is up to us as responsible consumers to get off our moth collecting money and spend our income on those businesses offering a stable viable product. If we don’t we are forever doomed to keep losing jobs and continue devaluing our dollar and workforce. All companies who invested money in advertising and production renovations throughout the depression came out with a 50% or greater market share over their “frugal” competitors. You cannot build a new foundation for the American economy without some concrete (MONEY). This is repeatable history and closed minded frugality is what has depleted the retail market and the stock market. the real estate market crash started the ball rolling and the ostrich/turtle approach to this economy snow balled it.
You can hardly say that inflating GM’s sales beyond what their real value to the consumer is would support small business broadly. Yes, GM utilizes and facilitates a lot of smaller companies in its industry, but you can’t convince me that such a cash-sucking business can be “bump started”.
Consumers consume. No one can (probably better, no one will) completely exit the market and keep from buying anything. They can make wise choices, though, and support viable companies who have built businesses that have real demand. These companies will prosper because they follow sound principles in conducting their business. Sometimes those principles include advertising and production renovations, but the basis of their success is not in getting the government to give them a huge loan and guarantee their warranties.
The people who are going to spend money - and only as much as they can afford - should choose to do so with responsible businesses. If you don’t have any money, don’t buy stuff.
WHAT?! if you don’t have money don’t buy stuff!?!?
Why have money if you can get tons of credit…and when you can’t pay it back…just call those companies that’ll get you off the hook because it wasn’t your fault.
Something I’ve been thinking about:
Wouldn’t it be awesome if The Church was in the business of providing for the poor out of generosity and calling instead of it being forcefully taken from your paycheck (required)? Wouldn’t it get The Church involved in people’s lives? Like instead of building multi-million dollar facilities with coffee bars, actually giving that money to the needy. Wouldn’t that give The Church the “street cred” that it needs in today’s world? Should The Church only be interested in building it’s “club” and talking about the hereafter?
First off…touche Leo, touche. Well put. And yes, that’s what the church should do. Unfortunately, as a general statement, the church quit helping the community as it should and because of that and some other occurrences the people don’t trust the church much anymore. It would be ideal though….God’s people providing for people is a novel idea that started in Acts and worked pretty well. Everyone helped everyone as a family in the church and also helped their “enemies” at the same time. Weird eh?
In the area of economy I have a maybe more broad view. I hear of things going on in the US and I know of problems with small to medium sized businesses because of my father. They have had to let people go and also cut people’s working hours. This is because businesses are using all their resources to go after jobs they normally would not go after. This creates problems for the “professionals” that have been doing certain work for years.
I also, being an EXPAT (not living in the USA but not a citizen/native of the country he lives in), have seen how the American economy has impacted the exchange rates. Mexican pesos did get up to about 15 to 1 US dollar a few months ago but has since dropped to almost 13 to 1 US dollar. Still better than past years, but it is dropping rather fast. In the same sense the US dollar to Chinese Yuan has dropped half a point to a full point since I left there a little over a year ago. This may not seem like a big deal…except that much of the world prices their things according to the US at the time. Then when the dollar becomes weaker they do not lower the prices to mimic the weaker dollar. Things become more expensive and people in other countries find it harder and harder to live. This is what I have seen from being in another country.
I agree with both Drew and Ryan. WE must be smart with our money but also not be afraid to spend it. Do not spend money you don’t have. (SNL skit anyone?) Yet, we need to not be so frugal that we are afraid to spend the money we do have. Save some but do not think that in a week you need to have saved 75% of your paycheck just because times are hard. Companies survive on consumers and if consumers don’t consume…the companies die off. So spend money but be smart about it. MAYBE you could even spend your money by giving it to people in need and letting them circulate the cash flow on things that are needed instead of entertainment.
Also….if China enslaves I’ll be ready. You all can bunk with me, we shall outlive our Naive kinsmen from the mother land who did not take the time to learn Chinese.