Banks are our survival.

Bailing out the banks for a wider, less-harsh and softened blow to the economy and the possibility of a turnaround? Yes. Good.

Right now it's nearly impossible to get financed for loans you would have been easily able to get a few years ago... granted, people were buying homes with no money down, and this is a result, but we needed SOMETHING to get confidence back up in banks. I just hope the government has another plan up their sleeve, or god help us.

I finally beat Final Ninja. Ever since whoever posted it, I've been playing off and on. It's a brilliant game. EVERYONE PLAY UNTIL THE END

It seems like the current crisis is a result of individual irresponsibility as much as irresponsible banks. Money is a complete fabrication as it is. The united states government is 10 trillion dollars in dept, you can't even fathom what that amount of money could buy. The government doesn't even have 700 billion dollars to give. Anyway saving large banks with a "bail out" will help individuals. Don't spend the money on banks because it's there fault anyway seems like flimsy reasoning. I think acting now will mean less of a recession later, but what do any of us really know about economics anyway...

At 10/2/08 02:22 AM, Coaly wrote: It seems like the current crisis is a result of individual irresponsibility as much as irresponsible banks. Money is a complete fabrication as it is. The united states government is 10 trillion dollars in dept, you can't even fathom what that amount of money could buy. The government doesn't even have 700 billion dollars to give. Anyway saving large banks with a "bail out" will help individuals. Don't spend the money on banks because it's there fault anyway seems like flimsy reasoning. I think acting now will mean less of a recession later, but what do any of us really know about economics anyway...

Throwing out the 10 trillion dollar figure kind of takes it out of context. Our GDP was 13 trillionish in 2007 (granted with the whole sub prime mortgage crisis that's gonna change, if I'm not mistaken), therefore one can simplify it to be much more relatable. Its as if someone who makes 60 thousand dollars a year is 50 thousand dollars in debt (obviously this is an over simplification but it's a lot more accurate than leaving such a large number out there). He's f'd in the a, but, it's possible to work your way out of over time.

(let it be known I'm playing the devil's advocate and I'm not supporting the current administration or its economics in anyway.)

In terms of the bailout, I haven't a clue on what should be done, haha.

Kirk-Cocaine, what's the best way to bask in your awesomeness?

Wasim

Aint there a way to insert frames without all that rotate/skew kind of thing? I might be thinking about another feature though.

Amateur Economics

At 10/2/08 12:38 AM, mexifry895 wrote:

At 10/2/08 12:37 AM, Glaiel-Gamer wrote:

At 10/2/08 12:33 AM, Musician wrote:

At 10/2/08 12:27 AM, Glaiel-Gamer wrote: If you had $700 Billion, what would you do with it?

Probably prevent the greatest economic disaster since the Great Depression. You?

You mean by giving money to the bank CEOs so they can get new Ferraris?

And passing the debt onto the american public?
Let the banks crash and burn.
Capitalism. Survival of the Fittest.

I thought only cab drivers could talk with so much conviction about something they know nothing about :/

This is how it is, aight? The rich assholes at the top of these failing banks already have their bonuses and houses and Ferraris. With or without a bailout, these guys are gonna have their futures pretty much paid for. The only people really suffering if the banks fail are the normal people at the bottom of the pile who feel the effects of economic ruin.

I don't like the way that banks have been managed, but letting the biggest economy in the world collapse just to spite some CEO asshole is a little far to go to annoy someone. If you ask me, government should be using bailouts like this as an opportunity to push through a massive increase in regulation and taxation for the rich, since the illusion that they have a clue what they're doing has been pretty much shattered. Maybe a few prison sentences for the biggest offenders, too. That'd boost public confidence.

Also cocks.

CS4

Before you judge me, i've already preordered CS4, so i just downloaded it to see if my money was well spent, and i believe it was. The new animation tools are much more intuitive, the new AS is great and the 3D tool is a real time saver. All in all, very good, nice new layout as well.

Economics for Dummies

I'm not exactly up to date with all this stuff, so correct me if i'm wrong, but the way things are going at the moment, i don't think the banks in question will be able to sustain themselves for much longer. Even with a cash injection as large as $400b, they low value of the dollar will just make them slide downhill again. Again, i'm not very good with this stuff, so don't quote me on it :D.

At 10/2/08 06:36 AM, mwmike wrote: Aint there a way to insert frames without all that rotate/skew kind of thing? I might be thinking about another feature though.

You can just right click and select add all properties or something along those lines.

At 10/2/08 02:13 AM, Senti wrote: I finally beat Final Ninja. Ever since whoever posted it, I've been playing off and on. It's a brilliant game. EVERYONE PLAY UNTIL THE END

heh i posted it a long time ago. good job beating it, the first time you play it some levels are really hard. now i beat it twice and i can easily do speed-runs and beat all levels on first try.

At 10/2/08 10:14 AM, mexifry895 wrote:

At 10/2/08 07:16 AM, Paranoia wrote: If you ask me, government should be using bailouts like this as an opportunity to push through a massive increase in regulation and taxation for the rich, since the illusion that they have a clue what they're doing has been pretty much shattered. Maybe a few prison sentences for the biggest offenders, too. That'd boost public confidence.

Taxing the rich even more will only worsen things, like you said. It isn't government's job to get so deep into the private industry as they are right now. With all these unnecessary regulations, it is just going to make a turn around, if ever, much harder to obtain.

What? A lack of regulation is how this whole mess got started in the first place. People who have power over massive numbers of people and huge amounts of money need watching closely - that's the whole point of a Democracy.

Econologisticals

Stop it. We all know Bush is going to spend the money on a jelly helicopter or something, then all the banks will explode.

Something else

Lets talk about how you guys seem to rocket through pages, about 2-3 a day. I blame the new kids.

ie. the people who joined after I left and have no clue about, (cos it's easier to blame them).

At 10/2/08 10:38 AM, mexifry895 wrote:

At 10/2/08 10:24 AM, Paranoia wrote: What? A lack of regulation is how this whole mess got started in the first place. People who have power over massive numbers of people and huge amounts of money need watching closely - that's the whole point of a Democracy.

I never said NO regulation, It's just being the son of a business owner myself, I see how much red taped people like my father have to get through to start a business, it's crazy. And a taxation of 38% of your income isn't helping make the economy more prosperous because that is just less money that could be put back into the economy.

Small businesses are a completely different kettle of fish . It's not like if your dad's business fails it's going to take three major countries down with it. Anyway, running a business isn't supposed to be easy.

As far as taxation goes, what do you think happens to money when you get taxed? It doesn't just evaporate. It all goes back into the public sector and junk one way or another.

Looking foolish by posting a two day old link
Good news for iPhone users?

Wish I remembered about Flash on the Beach this year...

The Economy, [is] Stupid
I'm not even going to pretend I know what the hell is going on with the bail out plan. All I do know is if it ends up with Golden Parachute payments (the aforementioned Ferraris), I expect to see blood on Wall St.

Actual blood. Riot, damn you complacent Americans...

Google ads aren't giving my much money lately on my site, despite getting over 200k hits per month. Has anyone here had any luck with a different ad service?

Well i finished my Calender entry, may wanna do a bit more to it.. Suggestions?

http://spamtheweb.com/ul/upload/021008/7 3406_ggg.jpg

Ahaha i agree wit you trig. the new comers. kick the 07-08ers! Haha.

My Game

Yeah its been postponed so many times because of school, but we are done it and now i just need to talk to a sponsor. Ill keep an update for you guys and when its submitted.

adman: Very nice drawing theres just something about the colours that seem a little depressing. I think it's the way they are all not that bright or something. Other than that it's awesome.

Blackfang and trig: Oi! I only post once or twice a day. Can't wait till next year. Then I can laugh as the 08-09's get jested at.

American spelling: I prefer it. It's a lot... easier. For instance using f's instead ph's and o's instead of ou's.

At 10/2/08 04:01 PM, tommattox wrote: Blackfang and trig: Oi! I only post once or twice a day. Can't wait till next year. Then I can laugh as the 08-09's get jested at.

Lol i still dont like the 06-07ers. A few 06's are alright =P. 07 08 09 is fail.

sorry im harsh! im having a bad day

At 10/2/08 04:06 PM, Blackfang wrote: Lol i still dont like the 06-07ers. A few 06's are alright =P. 07 08 09 is fail.

If there are any '09ers they're not fail - they're leet as they come from the future.

I thought it was Wednesday :[

At 10/2/08 04:22 PM, Coaly wrote: I thought it was Wednesday :[

IT WAS WEDNESDAY LOLolololLOLOL but not anymore.

You are a melon.

At 10/2/08 04:06 PM, Blackfang wrote: Lol i still dont like the 06-07ers. A few 06's are alright =P. 07 08 09 is fail.

I concor.

Only because i am not one of them :P.

Mercenaries 2

Anyone want to play sometime(pc)? I've not been online co-op yet, but it looks like a blast. If anyones interested, shoot me a pm.

At 10/2/08 04:25 PM, SweetSkater wrote:

At 10/2/08 04:22 PM, Coaly wrote:

You are a melon.

Or some kind of cheese...

At 10/2/08 04:25 PM, SweetSkater wrote: You are a melon.

I'm aaaaa BaNNanAAA

im glad its thursday. the office tonight. wooooo0o0o

in bad news

my grandmom had a stroke and she isnt doing good at all. this is like the 12 time shes been to the hospital in a month.

well that isnt good blackfang :(

anyways, speaking of politics

At 10/2/08 05:30 PM, Blackfang wrote: in bad news

my grandmom had a stroke and she isnt doing good at all. this is like the 12 time shes been to the hospital in a month.

Ouch, sorry Blackfang.

BMTH

I know most of you probably don't care, but there's an amazing (screamo) band called Bring Me The Horizon that just released a new album. You have to listen to Diamonds Aren't Forever.

At 10/2/08 05:30 PM, Blackfang wrote: in bad news

my grandmom had a stroke and she isnt doing good at all. this is like the 12 time shes been to the hospital in a month.

Oh dude, sorry. My grandma's having similar problems. Her hips given out twice, she recently broke her leg, and last weak she had heart failure. Thank god she's fine now.
I hope you're grandma's alright.

At 10/2/08 04:11 AM, NextToNothing wrote: Throwing out the 10 trillion dollar figure kind of takes it out of context. Our GDP was 13 trillionish in 2007 (granted with the whole sub prime mortgage crisis that's gonna change, if I'm not mistaken), therefore one can simplify it to be much more relatable. Its as if someone who makes 60 thousand dollars a year is 50 thousand dollars in debt (obviously this is an over simplification but it's a lot more accurate than leaving such a large number out there). He's f'd in the a, but, it's possible to work your way out of over time.

Well... the gdp isn't the governments budget, it's not even the governments money. The budget was 2.7 trillion in 2007. It's more like someone who makes 60 thousand dollars a year is 240 thousand dollars in dept. At that point you're pretty fucked, in fact, I don't know how you would go about getting that far in debt.

(let it be known I'm playing the devil's advocate and I'm not supporting the current administration or its economics in anyway.)

And ok, then I'm not really directing it at you, there is a point to be made that throwing out a massive number isn't really fair, but I think considering the debt isn't taking spending 700 billion out of context...

In terms of the bailout, I haven't a clue on what should be done, haha.

As discussion goes on it makes less and less sense to me what we can do at this point to stop the fall out we've been heading into.

At 10/2/08 10:36 PM, mexifry895 wrote: You are STILL getting higher returns on a flat tax rate at the higher levels of income.
If people wanted true, "Fairness and Equality," we would give the same rate to everyone in Income tax.

I really have no opinions on the difference between flat taxes and what it is now, but I think the main argument about flat taxes is that even though it's proportional and fair, the cost of living isn't. Someone who makes 20m/year is going to have no problems paying for taxes and food and housing and still has a ton extra, while someone who makes 60k/year after taxes might have trouble paying for all their living expenses because those don't scale with income as much as taxes do. The rich have a lot more to give and still live in luxury.