Author Topic: Stimulus Bill includes $300 million for "Green Golf Carts"  (Read 1420 times)

Soul Crusher

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Re: Stimulus Bill includes $300 million for "Green Golf Carts"
« Reply #25 on: February 11, 2009, 10:09:46 AM »
I think you are wrong.

Most large companies won't buy things with Cash if they can use a loan that they can write off.

It is the difference between good and bad debt.

These companies are looking for the capital markets to free-up before making any large or significant purchases.

If you truly believe in a free market now is the time to invest in your company because money is cheap.
However you need access to the money to make wise investments.

I was talking about people, not businesses.

Also, businesses usually cant write off huge capital expenses in the year they but it.  Its on a depreciaition basis. 

Its all based on future forecasts for what they think the demand is going to be for products and services.

MuscleMcMannus

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Re: Stimulus Bill includes $300 million for "Green Golf Carts"
« Reply #26 on: February 11, 2009, 10:13:31 AM »

Amen.  

A guy like Buffet, Trump, Steve Jobs, Michael Dell, Michael Bloomberg, et al, could do an amazing job at cutting costs, but they would never be considered.


  

Oh come on dude!!!!!!!!  You're kidding right? !  Buffet?  That guy is a fucking Wall Street suit to the bone.  He was far from fucking self made like everyone who idolizes him claims.  Trump?  That guy has received more fucking government money than anyone for all his failed businesses.  Bloomberg?  Come on dude!  None of those guys are bastions of free market ideology.  They're all state corporatists. 

Bindare_Dundat

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Re: Stimulus Bill includes $300 million for "Green Golf Carts"
« Reply #27 on: February 11, 2009, 12:50:08 PM »
Where's 240 to defend this?  ;)

Soul Crusher

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Re: Stimulus Bill includes $300 million for "Green Golf Carts"
« Reply #28 on: February 11, 2009, 01:07:49 PM »
Oh come on dude!!!!!!!!  You're kidding right? !  Buffet?  That guy is a fucking Wall Street suit to the bone.  He was far from fucking self made like everyone who idolizes him claims.  Trump?  That guy has received more fucking government money than anyone for all his failed businesses.  Bloomberg?  Come on dude!  None of those guys are bastions of free market ideology.  They're all state corporatists. 

I meant that people in the private secotr generally have a better idea how to cut costs effectively than the govt.

MuscleMcMannus

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Re: Stimulus Bill includes $300 million for "Green Golf Carts"
« Reply #29 on: February 11, 2009, 01:33:04 PM »
I meant that people in the private secotr generally have a better idea how to cut costs effectively than the govt.

lol..then you should have said that instead of naming those folks.......especially Trump.  This guy is thrown around on every major show as some sort of financial guru/economist.  He's a terrible businessman.  He's filed bankruptcy several times, lost lots of money and received lots of government tax breaks and handouts. 

Bindare_Dundat

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Re: Stimulus Bill includes $300 million for "Green Golf Carts"
« Reply #30 on: February 11, 2009, 06:02:07 PM »
lol..then you should have said that instead of naming those folks.......especially Trump.  This guy is thrown around on every major show as some sort of financial guru/economist.  He's a terrible businessman.  He's filed bankruptcy several times, lost lots of money and received lots of government tax breaks and handouts. 

Yeah but he lives in an apartment with gold plated doors and fucks some hot bitches.  ;D ::)