S&P isn't the problem, Term Limits is the problem.

Discussion in 'Wall St. News' started by jackpearson, Aug 6, 2011.

  1. The problem with term limits is they also remove the good politicians from office. My feeling is if the budget is balanced and the unemployment rate is below 6%, those politicians should be able to stay in office because they are performing. If there is a budget deficit and the unemployment rate is high, then obviously those politicians should be voted out immediately to give another group a chance to see if they can improve the economy.
     
    #91     Aug 10, 2011
  2. Lucrum

    Lucrum

    :confused:

    Care to enlighten us as to who are the "good" ones?
     
    #92     Aug 10, 2011
  3. Ted kennedy, strom thurmon, herbert hoover, and able lincoln.
     
    #93     Aug 10, 2011
  4. Lucrum

    Lucrum

    OK that's one of the awful ones but I was asking about the supposed "good" ones.
     
    #94     Aug 10, 2011
  5. LOL I suppose you think pay for performance in corporations really works too. The problem with your theory and every pay for performance theory is that it's temporary with no long-term planning. The system is broken idiot, you need to cut the mess out and start from scratch.
     
    #95     Aug 10, 2011
  6. zdreg

    zdreg

    the world doesn't work according to your description. voters keep voting for the incumbents. therefore the need for term limits.
     
    #96     Aug 10, 2011
  7. The need for backing by big money needs to be removed. What difference does your vote make when somebody can buy the guy after he steps foot into the office?

    Remember when Obama said he would only use Public Financing?

    Then he did a 180......

    So......it must be a good idea.... :D
     
    #97     Aug 11, 2011
  8. All dead politicians are good ones. Get it now.:D
     
    #98     Aug 11, 2011
  9. BSAM

    BSAM

    It's correct that big money should be removed, but have you noticed that the newboots usually behave for a while after their campaign and they arrive in D.C.? Hence: term limits.
     
    #99     Aug 11, 2011
  10. BSAM

    BSAM

    Hear, hear.
     
    #100     Aug 11, 2011