The government and tobacco

[sanse]

Been trying to figure out why the government has been trying to ban the e-cigarettes, or at least tax. This article is quite interesting. Decide for yourself.

http://redtape.msnbc.com/2008/11/ten-years-later.html

[merrylander]

Securitization again, are people here totally insane?

[Boreas]

Originally Posted by merrylander

Securitization again, are people here totally insane?

I was thinking the same thing. Speculators damn near did this country in 1893. Looks like they're set for another go.

John

[finnbow]

In a nutshell, it seems we're more addicted to deficit spending than we are to tobacco. Leave it to Wall St. to figure a way to capitalize on anyone's cash flow.

[d-ray657]

Originally Posted by finnbow

In a nutshell, it seems we're more addicted to deficit spending than we are to tobacco. Leave it to Wall St. to figure a way to capitalize on anyone's cash flow.

We need capital punishment for the thieves that run Wall Street. That's right, relieve them of all of their capital.

Regards,

D-Ray

[noonereal]

Originally Posted by d-ray657

We need capital punishment for the thieves that run Wall Street. That's right, relieve them of all of their capital.

Wall street does not do business they do schemes.

[stereocuuple]

i have been saying for years that when the tobacco co. are gone or the smokers all quit the gubmint is fucked.

you can bet the next vice they tax will be something that we wont be able to give up.

might even be a big tax on fresh food and meat. more likley it will be gas and fast food. also internet service and cable tv

[finnbow]

Originally Posted by stereocuuple

i have been saying for years that when the tobacco co. are gone or the smokers all quit the gubmint is fucked.

Although I understand where you coming from on this, I'm not sure if I agree. The societal costs of tobacco use may well exceed the tax revenue it generates, although there's no way of measuring it.

[Charles]

Originally Posted by finnbow

In a nutshell, it seems we're more addicted to deficit spending than we are to tobacco. Leave it to Wall St. to figure a way to capitalize on anyone's cash flow.

I'll agree with the first part of your statement, but I'm not so sure about the second part. No doubt Wall Street makes a dandy whipping boy, but the politicians handed them the keys to the kingdom.

From what I'm reading, securitization was created by HUD in the 70's after they were privatized (somewhat) by the Fed Gov in an effort to free up more money for Vietnam, along with the Great Society programs.

I suppose we can pin this one on Milhous and his administration, along with abolishing Bretton Woods and opening up China.

And it worked pretty good for awhile. The US lived pretty high on the hog, which is pretty easy to do when you're living on borrowed money.

Now it''s possible my data is wrong, or I may be misinterpreting it. And it is definitely incomplete.

So I'll move to smoking.

It's amazing a program sold to us by the uplifters as a way to protect the poor nicotine addicts from "Big Tobacco" not only screwed them big time, but is now screwing everyone else as well.

Now you can blame it on Wall Street, but it was the politicians who accepted 30 cents on the dollar so they could buy more whiskey before liquor store closed.

And if think this screwing is bad, just substitute "Cap and Trade" for "Tobacco Settlement". It's all about money, our money.

What this country needs is a bunch of politicians who have the guts not only to fire the bankers, but to go back to their constituents and say "We're broke, and you get a hot dog for supper."

Bad thing is, we needed them at least 40 years ago.

Chas

[BlueStreak]

Geez.............