Details:

http://news.yahoo.com/s/ap/20090106/ap_on_go_pr_wh/stimulus_tax_cuts

http://news.yahoo.com/s/ap/20090106/ap_on_go_pr_wh/stimulus_tax_cuts

I'm cautiously optimistic, but don't think businesses should get tax breaks just because their profits are down.

If you go into business, say you buy a little mom and pop shop down the street.

You sell little knick knacks along with the standard convenience store items.

Your business should grow, right?

Not necessarily. You see, someone down the street had the same idea, and they're selling items similar to what you have.

So you offer discounts, advertise, get people to come to your store.

In the end, your business will either grow or you'll be holding a 'Going Out of Business' sale.

But you knew the risks when you bought the business, didn't you?

If you didn't, you should have.

Another bad business model:

Detroit making big gas guzzling cars and SUVs.

Sure, they're sporty.

But then the price of gas goes up and people want to buy cars and trucks that guzzle less gas.

So the executive CEOs from the auto makers fly to Washington, DC in their Lear jets and beg for money.

Do you see a pattern here?

Some businesses should go out of business, because they didn't plan for the future and sell things the public is willing to buy.

Why reward them for making bad business decisions?

becaus they give millions to the politicians and the little mom and pas dont.

Because they employ the majority of people that keep mom and pop in bussiness.And their employees pay alot in taxes. Keep the money moving.

interesting

that was Rush's point on his show today...what's the diffference what kind of business it is...a bad business is a bad business...people just feel sorry for the ma and pops stores...

I'm no Rush fan, but if there are things we both agree on, it's only a coincidence.

Im a landlord I lost three tenants in one month. None of them in auto industry. Restarants cause nobody is going out to eat. Why cause their customers were effected by the auto industy. The steel workers. Little shops. Auto salesman.

http://www.rhymes.org.uk/for_want_of_a_nail.htm

It's about keeping money moving.

There are businesses failing now not due to mismanagement. The credit crunch, fear etc. are crippling the flow.

Like Rush said? We should care what he says why? Rush is an entertainer who makes his money telling people what they want to hear. He knows his audience...I'll give him that.

Rush is a clown who owns his own private circus which allows him to speak his opinions and stir up the crowd.

That circus keeps him filthy rich. It's amazing what people will put their money behind.

I'm embarrassed because he grew up a couple of hours from me.

I was talking for an hour and a half with my friend today and she thinks Rush is a funny... I quickly changed the subject, I was in no mood to go there.. lol

Funny is better then taking him seriously, isn't it?

What about National Security?

What about 25% of all business being connected to the American Auto Industry?
What about Toyota and Co. selling cars in America for the last 10 years at cost?

Well believe it or not we are friends, but when it comes to religion and politics, we don't agree on certain things. So I avoid them so I don't get her all uptight, and visa versa..

I have some relatives like that.

I used to listen to Rush, for a short time. He sounded very conservative and knowledgeable.

Then I caught him on being wrong. Then again.
After a while, when it become clear that he isn't about to admit he was wrong, even when the life turned out completely opposite to his predictions, I knew that he is a loser.

If one cannot predict what will happen, then he is dumb. If one ca not admit that he was dumb, then he is a loser and a dummy.

Yes, before I knew anything about him I listened to him, then several more times, and too many times I found he was completely and absolutely wrong as you said, and that was it for me. I though geez where did this guy get his education.. But then I realized it's not about education it's about hot buttons and pushing them for finacial gain.. He gives his audience exactly what they want to hear and it pays well.