Page 4 of 6 FirstFirst ... 23456 LastLast
Results 91 to 120 of 174

Thread: Francis Scott Key Bridge Collapse

  1. #91
    Quote Originally Posted by susano View Post
    I don't know anything about ships and the shipping business but I'm gonna guess, that like everything else, time is money and there's probably pressure to get things moving, especially considering that shipping is experiencing other problems causing delays due to the Houthis and the drought in Panama.
    That is exactly right.
    “It is not true that all creeds and cultures are equally assimilable in a First World nation born of England, Christianity, and Western civilization. Race, faith, ethnicity and history leave genetic fingerprints no ‘proposition nation’ can erase." -- Pat Buchanan



  2. Remove this section of ads by registering.
  3. #92
    Quote Originally Posted by Occam's Banana
    since the first day they brought us to this country.
    My guy, you are perfectly free to leave. But if you're going to stick around, how about not hustling stuff that happened 170 years ago? It's getting old... and if you keep drudging up that sh!t as an excuse to keep everyone else around you quiet and compliant, that's going to expire shortly, and you aren't going to like the result.

    We were doing just fine in this country 30 years ago. We all got along, we all hung out and partied together and nobody f**king cared who was what "color". But all of a sudden we're mired in damned near the worst racial division in this country now since the '60's, if not earlier. And it's stupid, because it really is plainly just a political tactic mostly of the left but even to a certain extent of the right.

    There are 3 options here: 1 - we can go back to ignoring race like we had finally gotten to in the '90's; 2 - we can continue on this current path of making race the essence of every single issue in our political discourse and just see how that goes; or 3 - it's going to come down to a fight... and that's not an option that 13% of the population should want to toy with...

  4. #93
    Quote Originally Posted by susano View Post
    I don't know anything about ships and the shipping business but I'm gonna guess, that like everything else, time is money and there's probably pressure to get things moving, especially considering that shipping is experiencing other problems causing delays due to the Houthis and the drought in Panama.
    Some minor delays, but not the End of America the World as Biden would have you believe [AND PAY FOR].



    GM, Ford will reroute Baltimore shipments after bridge collapse


    "There are a lot of other areas that can pick up the slack like the New York Harbor and all the way down to Savannah, Georgia", he said in an email. "It will take a while for the situation to resolve and to begin operating normally again, so definitely there will be delays in deliveries of goods."


    Other transportation companies reported no major impact.

    "While Baltimore is not a primary port for our North American operations, there will be some impact, primarily on vehicle exports," Toyota (7203.T), said in a statement. "At this time, we do not anticipate a significant disruption, but we are evaluating the situation closely to determine the longer term impact and countermeasures.”

    Volkswagen Group of America (VOWG_p.DE), said it was not impacted because its Baltimore facility is located on the easterly sea board of the bridge collapse, while Nissan (7201.T), said it did not expect significant impact at this time.

    BMW (BMWG.DE), said the car docks are located on the ocean side of the harbor, so there was no major impact expected as the bridge collapse will not affect ships. It added that land-side truck traffic would be rerouted.

    Mercedes (MBGn.DE), said the incident has had no impact on vehicle exports or the company's Tuscaloosa, Alabama, plant's parts supply, and it was monitoring the situation. It said it uses ports in Baltimore, as well as in Georgia and South Carolina, for vehicle imports.

    Volvo Group (VOLVb.ST), which makes trucks, construction equipment and engines, said it was looking over its inventory in its U.S. production facilities to see if and when there could be a disturbance in worst-case scenarios, adding it currently expected no huge impact.


    https://www.reuters.com/business/aut...se-2024-03-26/
    Last edited by PAF; 03-28-2024 at 12:12 PM.
    ____________

    An Agorist Primer ~ Samuel Edward Konkin III (free PDF download)

    The End of All Evil ~ Jeremy Locke (free PDF download)

  5. #94
    Quote Originally Posted by A Son of Liberty View Post
    ...or 3 - it's going to come down to a fight... and that's not an option that 13% of the population should want to toy with...
    Seems to be what they want. Except we've been too civilized to do it, so they imported foreign criminals and stuck them in the ghettos.

    There are some serious ruthless people behind these two puppets. Our Quadrennio Rosso.

    Italy had two red years -- the Biennio Rosso -- and installed Mussolini.

  6. #95
    Quote Originally Posted by PAF View Post
    Some minor delays, but not the End of America the World as Biden would have you believe [AND PAY FOR].



    GM, Ford will reroute Baltimore shipments after bridge collapse


    "There are a lot of other areas that can pick up the slack like the New York Harbor and all the way down to Savannah, Georgia", he said in an email. "It will take a while for the situation to resolve and to begin operating normally again, so definitely there will be delays in deliveries of goods."


    Other transportation companies reported no major impact.

    "While Baltimore is not a primary port for our North American operations, there will be some impact, primarily on vehicle exports," Toyota (7203.T), said in a statement. "At this time, we do not anticipate a significant disruption, but we are evaluating the situation closely to determine the longer term impact and countermeasures.”

    Volkswagen Group of America (VOWG_p.DE), said it was not impacted because its Baltimore facility is located on the easterly sea board of the bridge collapse, while Nissan (7201.T), said it did not expect significant impact at this time.

    BMW (BMWG.DE), said the car docks are located on the ocean side of the harbor, so there was no major impact expected as the bridge collapse will not affect ships. It added that land-side truck traffic would be rerouted.

    Mercedes (MBGn.DE), said the incident has had no impact on vehicle exports or the company's Tuscaloosa, Alabama, plant's parts supply, and it was monitoring the situation. It said it uses ports in Baltimore, as well as in Georgia and South Carolina, for vehicle imports.

    Volvo Group (VOLVb.ST), which makes trucks, construction equipment and engines, said it was looking over its inventory in its U.S. production facilities to see if and when there could be a disturbance in worst-case scenarios, adding it currently expected no huge impact.


    https://www.reuters.com/business/aut...se-2024-03-26/
    Yeah, the worse thing I see about it is the men who lost their lives.
    'Here......Once again, we have gathered in the depths of a small Cotswold town called Stow-On-the Wold, among the town and country folk, we can witness the lesser spotted Karens, going about other peoples business, in their natural habitat'.......

    -In the voice of Sir David Attenborough

  7. #96
    Quote Originally Posted by Anti Federalist View Post
    Pretty much what I said from day one.

    This ship suffered a severe electric failure.

    Twice, you see when the main power cuts out, shortly after they start backing down on the main engine, indicated by the heavy black smoke, and then again a second time as the e-gen kicks on, shortly, and then cuts back out again.

    Somewhere I am going to guess there was direct short to ground in the main buss panel or parallel buss panel, that just smoked the whole system.

    There was little, if anything, the captain, pilot or crew could have done, they were dark and out of control.

    Dropping an anchor would do little, the bottom there is mud and an anchor would drag, if it did fetch up hard on a rock or obstruction, at the speed they moving, it would have snapped the anchor chain or tore the wildcat right out of the windlass.
    Cheers.



    https://twitter.com/mercoglianos/sta...23345820614699



  8. Remove this section of ads by registering.
  9. #97
    'We were doing just fine in this country 30 years ago. We all got along, we all hung out and partied together and nobody f**king cared who was what "color". But all of a sudden we're mired in damned near the worst racial division in this country now since the '60's, if not earlier. And it's stupid, because it really is plainly just a political tactic mostly of the left but even to a certain extent of the right.'

    agree.

  10. #98
    “It is not true that all creeds and cultures are equally assimilable in a First World nation born of England, Christianity, and Western civilization. Race, faith, ethnicity and history leave genetic fingerprints no ‘proposition nation’ can erase." -- Pat Buchanan

  11. #99
    Quote Originally Posted by Anti Federalist View Post
    "once you get there I'll go grab the workers on the Key bridge and then stop the outer loop" and it's down.

    I'm no engineer but when I watched that I thought what a $#@!ty bridge design that when one part falls it all falls. Why not have arches below that hold up independent sections?
    'Here......Once again, we have gathered in the depths of a small Cotswold town called Stow-On-the Wold, among the town and country folk, we can witness the lesser spotted Karens, going about other peoples business, in their natural habitat'.......

    -In the voice of Sir David Attenborough

  12. #100
    Quote Originally Posted by susano View Post
    "once you get there I'll go grab the workers on the Key bridge and then stop the outer loop" and it's down.

    I'm no engineer but when I watched that I thought what a $#@!ty bridge design that when one part falls it all falls. Why not have arches below that hold up independent sections?
    For the same reason that there are no requirements to have assist tugs escort vessels all the way to the sea buoy.

    For the same reason bridges do not have massive rock "rip raps" around them to stop a vessel.

    For the same reason cargo vessels are not built to the redundancy standards that the vessels I served as master on are built to.

    Because it's cheaper.

    Last edited by Anti Federalist; 03-28-2024 at 09:34 PM.
    “It is not true that all creeds and cultures are equally assimilable in a First World nation born of England, Christianity, and Western civilization. Race, faith, ethnicity and history leave genetic fingerprints no ‘proposition nation’ can erase." -- Pat Buchanan

  13. #101
    Quote Originally Posted by Anti Federalist View Post
    For the same reason that there are no requirement to have assist tugs escort vessels all the way to the sea buoy.

    For the same reason bridges do not have massive rock "rip raps" around them to stop a vessel.

    For the same reason cargo vessels do not build to the redundancy standards that the vessels I served as master on are built to.

    Because it's cheaper.

    It always costs more to do things a second time. I wonder what level of insurance they purchased.

    Insurers could face losses of up to $4 billion after Baltimore bridge tragedy
    ____________

    An Agorist Primer ~ Samuel Edward Konkin III (free PDF download)

    The End of All Evil ~ Jeremy Locke (free PDF download)

  14. #102
    Quote Originally Posted by A Son of Liberty View Post
    ...
    We were doing just fine in this country 30 years ago. We all got along, we all hung out and partied together and nobody f**king cared who was what "color". But all of a sudden we're mired in damned near the worst racial division in this country now since the '60's, if not earlier. And it's stupid, because it really is plainly just a political tactic mostly of the left but even to a certain extent of the right.
    ...
    Many people don't remember that far back, and many have very short memories.

    I can still remember the key incidents and changes that occurred. Ironically, 2007-2008 were the key years. In 2007, the long march through the institutions was complete. It was time for Marxism to start the final battle. The time was ripe for the media to push race division, in anticipation of Barrack Obama, a Marxist, to run for POTUS. They haven't taken a rest since then, they have just expanded the list of supposedly oppressed subdivisions: every non-white group under the sun, women, gays, transsexuals, etc.

    The next key event was the 2008 Wall St. Bank bailouts. Coincidence or part of the plan? Who knows. But it laid the foundation for the next assault, and his name was Bernie Sanders. Open socialism was normalized.

    Those were the key events that took us down this road.
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul

    Proponent of real science.
    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  15. #103
    Quote Originally Posted by Anti Federalist View Post
    For the same reason that there are no requirement to have assist tugs escort vessels all the way to the sea buoy.

    For the same reason bridges do not have massive rock "rip raps" around them to stop a vessel.

    For the same reason cargo vessels do not build to the redundancy standards that the vessels I served as master on are built to.

    Because it's cheaper.

    AF, remember back in the good old days when a post like this would be hen-pecked by "libertarians" who cheered on the virtues of "free market" globalism and how it is our patriotic duty to support the next cheaper hollowing-out of our economy, institutions, and infrastructure.

  16. #104
    Quote Originally Posted by Anti Federalist View Post
    For the same reason that there are no requirements to have assist tugs escort vessels all the way to the sea buoy.

    For the same reason bridges do not have massive rock "rip raps" around them to stop a vessel.

    For the same reason cargo vessels are not built to the redundancy standards that the vessels I served as master on are built to.

    Because it's cheaper.

    Sounds right.

    It's been so long since Chernobyl happened that I forgotten it blew up like that.
    'Here......Once again, we have gathered in the depths of a small Cotswold town called Stow-On-the Wold, among the town and country folk, we can witness the lesser spotted Karens, going about other peoples business, in their natural habitat'.......

    -In the voice of Sir David Attenborough



  17. Remove this section of ads by registering.
  18. #105
    Quote Originally Posted by susano View Post
    Sounds right.

    It's been so long since Chernobyl happened that I forgotten it blew up like that.
    I highly recommend HBO's miniseries "Chernobyl".

    It is, IMO, the best television produced since "The Sopranos".

    Gorbachev, in his memoirs, stated that Chernobyl was the single final reason for the fall of the USSR.

    And the show makes it clear why that is.
    “It is not true that all creeds and cultures are equally assimilable in a First World nation born of England, Christianity, and Western civilization. Race, faith, ethnicity and history leave genetic fingerprints no ‘proposition nation’ can erase." -- Pat Buchanan

  19. #106
    Quote Originally Posted by sparebulb View Post
    AF, remember back in the good old days when a post like this would be hen-pecked by "libertarians" who cheered on the virtues of "free market" globalism and how it is our patriotic duty to support the next cheaper hollowing-out of our economy, institutions, and infrastructure.
    I do.

    And while I am still skeptical of more intrusive regulations, I can not stand to see our country hollowed out, as you said, by the lowest bidder.

    I stated in the auto tariff thread, I was a Pat Buchanan "America First" man, long before I was a Ron Paul "Libertarian" man.

    What is going to be really painful to watch, is the progress and cost of rebuilding.

    Gonna be a nightmare for truckers, the only two routes to get north or south through Baltimore now is I-95 and I-895.

    But both of those are tunnels with HAZMAT restrictions, leaving only city street detours or heading well out west on the I-695 loop
    “It is not true that all creeds and cultures are equally assimilable in a First World nation born of England, Christianity, and Western civilization. Race, faith, ethnicity and history leave genetic fingerprints no ‘proposition nation’ can erase." -- Pat Buchanan

  20. #107
    Quote Originally Posted by sparebulb View Post
    AF, remember back in the good old days when a post like this would be hen-pecked by "libertarians" who cheered on the virtues of "free market" globalism and how it is our patriotic duty to support the next cheaper hollowing-out of our economy, institutions, and infrastructure.
    A true free market would drive costs and quality according to supply and demand, competition,,, it would not let government pick winners and losers.


    The Price-Anderson Nuclear Industries Indemnity Act (commonly called the Price-Anderson Act) is a United States federal law, first passed in 1957 and since renewed several times, which governs liability-related issues for all non-military nuclear facilities constructed in the United States before 2026.

    The Act establishes a no fault insurance-type system in which the first approximately $15 billion (as of 2021) is industry-funded as described in the Act. Any claims above the $15 billion would be covered by a Congressional mandate to retroactively increase nuclear utility liability or would be covered by the federal government.

    https://en.wikipedia.org/wiki/Price%..._Indemnity_Act
    ____________

    An Agorist Primer ~ Samuel Edward Konkin III (free PDF download)

    The End of All Evil ~ Jeremy Locke (free PDF download)

  21. #108
    Quote Originally Posted by Anti Federalist View Post
    I highly recommend HBO's miniseries "Chernobyl".

    It is, IMO, the best television produced since "The Sopranos".

    Gorbachev, in his memoirs, stated that Chernobyl was the single final reason for the fall of the USSR.

    And the show makes it clear why that is.
    Thanks for the recommendation and I'll see if it's on demand.
    'Here......Once again, we have gathered in the depths of a small Cotswold town called Stow-On-the Wold, among the town and country folk, we can witness the lesser spotted Karens, going about other peoples business, in their natural habitat'.......

    -In the voice of Sir David Attenborough

  22. #109
    Quote Originally Posted by Anti Federalist View Post
    Holy $#@!...that's a bad one.

    Pray for the folks that were lost.

    At first glance, it appears to be an accident. Bridge strikes by large ships or barges are, while not very common, are certainly not unheard of.

    Based on the video it looks like a total "dark ship" incident and then the e-gen kicked in, but that will not provide propulsion or steering.

    From the amount of stack smoke, it looks like they got the main engine online just before collision and tried "backing down" as hard as they could, but it was too late.

    There would have been a US pilot onboard at that time, so it will be interesting to review his account and electronic nav data.
    The first video I saw was cropped. It appeared that the entire structure collapsed in unison, leading me to suspect this was another 9/11 job. Just this morning I saw the uncropped harbor video and the progression of collapse from the initial failure point, outward is clearly visible. As to whether it was an accident, I say hold judgement and let us see what the "experts" say in a report.

    It will be interesting to watch for the economic effects this propagates, which I'm sure there will be some. It may come to well illustrate just how highly we depend on these assets for our daily existences. Time will tell.
    freedomisobvious.blogspot.com

    There is only one correct way: freedom. All other solutions are non-solutions.

    It appears that artificial intelligence is at least slightly superior to natural stupidity.

    Our words make us the ghosts that we are.

    Convincing the world he didn't exist was the Devil's second greatest trick; the first was convincing us that God didn't exist.

  23. #110
    Wonder if Silver Stein will get a %?

    The collapse of a major Baltimore bridge and its knock-on effects could result in the biggest-ever marine insurance payout, the chair of insurance giant Lloyd’s of London said on Thursday.

    Analysts have forecast that insured losses from the disaster would amount to a figure in the single-digit billions, after a huge cargo ship crashed into the Francis Scott Key Bridge on Tuesday. Six people were presumed dead.

    “We’re beginning to deploy resources in anticipation of this being a very substantial claim for the industry. And for the Lloyd’s market, it’s going to take some time for for the complexity of the situation to unravel,” Bruce Carnegie-Brown told CNBC’s “Squawk Box Europe.”

    “So, [it’s] very early days to call a number. I don’t at this point anticipate that it’s outside our realistic disaster scenario planning. It feels like a a very substantial loss, potentially the largest-ever marine insured loss, but not outside parameters that we plan for.”

    Carnegie-Brown added that, while there would clearly be claims for the ship, cargo and the bridge, it is “second-order impacts” that would become “substantial.”

  24. #111
    Quote Originally Posted by Anti Federalist View Post
    I do.

    And while I am still skeptical of more intrusive regulations, I can not stand to see our country hollowed out, as you said, by the lowest bidder.

    I stated in the auto tariff thread, I was a Pat Buchanan "America First" man, long before I was a Ron Paul "Libertarian" man.

    What is going to be really painful to watch, is the progress and cost of rebuilding.
    Same here.

    I believe that Russia has proven just how strong an economy can quickly become when you are cut off from commerce with countries that don't have symbiotic interests with you.

    Russia is whipping NATO's ass by a long-term commitment to preserve their industrial base.

    Also, check out some videos about the rebuilding of Mariupol.

    There must be a negative unemployment rate in Russia right now.

    Just to see who triggers, also remember a certain central european country in the early last century who turned around their economy in the wake of sanctions.

  25. #112
    Quote Originally Posted by vita3 View Post
    Wonder if Silver Stein will get a %?

    The collapse of a major Baltimore bridge and its knock-on effects could result in the biggest-ever marine insurance payout, the chair of insurance giant Lloyd’s of London said on Thursday.

    Analysts have forecast that insured losses from the disaster would amount to a figure in the single-digit billions, after a huge cargo ship crashed into the Francis Scott Key Bridge on Tuesday. Six people were presumed dead.

    “We’re beginning to deploy resources in anticipation of this being a very substantial claim for the industry. And for the Lloyd’s market, it’s going to take some time for for the complexity of the situation to unravel,” Bruce Carnegie-Brown told CNBC’s “Squawk Box Europe.”

    “So, [it’s] very early days to call a number. I don’t at this point anticipate that it’s outside our realistic disaster scenario planning. It feels like a a very substantial loss, potentially the largest-ever marine insured loss, but not outside parameters that we plan for.”

    Carnegie-Brown added that, while there would clearly be claims for the ship, cargo and the bridge, it is “second-order impacts” that would become “substantial.”
    What are they whining about? Trump has a half billion dollar fine/judgement for giving an opinion regarding the value of his real estate. So a single digit billion dollar payout for an insurance company should be chump change.



  26. Remove this section of ads by registering.
  27. #113
    If I take a vehicle that is stalling for no known reason onto the highway at rush hour and it stalls and I cause a major accident, is that simply an accident?

    If there were major electrical issues in port, was it negligence to venture out of port?

  28. #114
    Quote Originally Posted by vita3 View Post
    Wonder if Silver Stein will get a %?

    The collapse of a major Baltimore bridge and its knock-on effects could result in the biggest-ever marine insurance payout, the chair of insurance giant Lloyd’s of London said on Thursday.

    Analysts have forecast that insured losses from the disaster would amount to a figure in the single-digit billions, after a huge cargo ship crashed into the Francis Scott Key Bridge on Tuesday. Six people were presumed dead.

    “We’re beginning to deploy resources in anticipation of this being a very substantial claim for the industry. And for the Lloyd’s market, it’s going to take some time for for the complexity of the situation to unravel,” Bruce Carnegie-Brown told CNBC’s “Squawk Box Europe.”

    “So, [it’s] very early days to call a number. I don’t at this point anticipate that it’s outside our realistic disaster scenario planning. It feels like a a very substantial loss, potentially the largest-ever marine insured loss, but not outside parameters that we plan for.”

    Carnegie-Brown added that, while there would clearly be claims for the ship, cargo and the bridge, it is “second-order impacts” that would become “substantial.”
    I would say I smell a government bailout coming, but Biden already called for that about 60 seconds after the bridge collapsed. At least a GOP administration would initially talk about the private insurance and free market before hemming and hawing their way into a government bailout.

    Doing "nothing" is almost impossible. Apply that to any situation.
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul

    Proponent of real science.
    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  29. #115
    Quote Originally Posted by Brian4Liberty View Post
    At least a GOP administration would initially talk about the private insurance and free market before hemming and hawing their way into a government bailout.
    No Republican administration since Reagan would have done that. And the current presumptive Republican nominee if given this opportunity, would use it to prove that he's enough of a leader to hand out a bigger bailout than Biden would have.
    There is nothing to fear from globalism, free trade and a single worldwide currency, but a globalism where free trade is competitively subsidized by each nation, a continuous trade war is dictated by the WTO, and the single currency is pure fiat, fear is justified. That type of globalism is destined to collapse into economic despair, inflationism and protectionism and managed by resurgent militant nationalism.
    Ron Paul
    Congressional Record (March 13, 2001)

  30. #116
    Quote Originally Posted by Invisible Man View Post
    No Republican administration since Reagan would have done that. And the current presumptive Republican nominee if given this opportunity, would use it to prove that he's enough of a leader to hand out a bigger bailout than Biden would have.
    Like I said in a recent post, many people have short memories. I clearly remember Bush and his admin talking about the free market before they finally decided on the TARP bailout.
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul

    Proponent of real science.
    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  31. #117
    Quote Originally Posted by GlennwaldSnowdenAssanged View Post
    If I take a vehicle that is stalling for no known reason onto the highway at rush hour and it stalls and I cause a major accident, is that simply an accident?

    If there were major electrical issues in port, was it negligence to venture out of port?
    Depends.

    Did you have it serviced by certified technicians who then declared it repaired?

    $#@! breaks all the time, and all the time, repairs are made that everybody thought had fixed the issue, only to have it come back again.
    “It is not true that all creeds and cultures are equally assimilable in a First World nation born of England, Christianity, and Western civilization. Race, faith, ethnicity and history leave genetic fingerprints no ‘proposition nation’ can erase." -- Pat Buchanan

  32. #118
    Quote Originally Posted by Brian4Liberty View Post
    Like I said in a recent post, many people have short memories. I clearly remember Bush and his admin talking about the free market before they finally decided on the TARP bailout.
    I don't believe that GWB would have treated losses resulting from a disaster of this sort the same way. It took him very little time to sign a relief package after Katrina, in spite of complaints that he was too slow by his political opponents, and I don't believe he ever suggested that a free market solution would have been preferable.
    There is nothing to fear from globalism, free trade and a single worldwide currency, but a globalism where free trade is competitively subsidized by each nation, a continuous trade war is dictated by the WTO, and the single currency is pure fiat, fear is justified. That type of globalism is destined to collapse into economic despair, inflationism and protectionism and managed by resurgent militant nationalism.
    Ron Paul
    Congressional Record (March 13, 2001)

  33. #119
    Quote Originally Posted by Brian4Liberty View Post
    I clearly remember Bush and his admin talking about the free market before they finally decided on the TARP bailout.
    File under "With Friends Like This ..."

    "I have abandoned free-market principles to save the free-market system." -- George W. Bush

    George W. Bush Abandoned the Free Market to Save the Free Market
    https://www.youtube.com/watch?v=NaIxqJu_m2M


    "Madam Speaker, this bill offends my principles! But I'm gonna vote for this bill in order to preserve my principles, in order to preserve this free-enterprise system." -- Paul Ryan

    Paul Ryan BEGS Congress to Pass TARP ( PATHETIC )
    https://www.dailymotion.com/video/x2s41cj

  34. #120
    Anti-Fed or anybody else following the details,

    Who exactly would get the $$Billion+ Marine Insurance Claim?

    Maersk?
    Last edited by vita3; 03-29-2024 at 06:23 PM.



  35. Remove this section of ads by registering.
Page 4 of 6 FirstFirst ... 23456 LastLast


Similar Threads

  1. $103 Million Settlement Approved Over FIU Bridge Collapse
    By Danke in forum U.S. Political News
    Replies: 0
    Last Post: 07-02-2020, 10:07 PM
  2. Pope Francis weighs in on the economy, warns about collapse
    By devil21 in forum Economy & Markets
    Replies: 15
    Last Post: 06-16-2014, 07:16 AM
  3. New San Francisco-Oakland Bridge: Serious Danger of Collapse
    By susano in forum U.S. Political News
    Replies: 4
    Last Post: 12-08-2013, 10:13 AM
  4. Pigeon @#$% Causes MN bridge collapse!
    By PennCustom4RP in forum U.S. Political News
    Replies: 3
    Last Post: 08-23-2007, 04:16 PM
  5. Mississippi River Bridge collapse in Minnesota
    By hummtide in forum U.S. Political News
    Replies: 32
    Last Post: 08-02-2007, 04:11 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •