Bank Bailout, Dumping Market, Next?

[Pinepig]

its really funny tho. i already knew the reaction my words were gonna get. just like if some one has a different view as to what a bmw should look like, i got flamed for having an idea that is different than yours.

No you getting flamed for the drool hitting your keyboard and actually making words.

[Ray Smoodiver]

You aren't paying attention are ya.

I paid attention to the 133 republicans and 95 democrats that voted no.

[Vedubin01]

I paid attention to the 133 republicans and 95 democrats that voted no.

Instead of pointing fingers at the Republicans they should have gotten 12 or so of their own to vote with their party. Thats their own 40% that did not vote with their party. No finger pointing is warranted!

All should be lined up and brought before a firing squad!

I say let it fall, And fuck them all!

[Money$hit]

Not me. I didn't buy a fucking house.

Did you buy a single security/contribute to a retirement plan within the last 10-12 years?

[mikegar]

No you getting flamed for the drool hitting your keyboard and actually making words.

drool hitting my keyboard? my responses are far too long to have been created by simple drool hitting the keyboard. but it would be an easy confusion for you tho. yes my idiot drool could still produce a conversation with higher mental capacity than most people who sit in front of the tv and let their brains rot.

[DarkWing6]

Why?

Look, i'm not interested in the government bailing people out. I think that if we see some more banks and wall street institutions go down - fine. It's good for me. AND, it's good for the economy in the long term IMO. It's not the governments responsibility to handle peoples fuck ups. More than one party is guilty of being dumb in the SnL crisis. These institutions that are failing had it comming through their previous actions. BUT, we have to think about what inaction would cause here.

People have a hard time accepting problems in the short term. If you leave it alone, I think we'll see a dow under 10k (and who cares, no one in the industry uses the DJIA). Hell, we could see that tomorrow. I remember when we hit DOW 10k for the first time and it was a BIG deal. You're going to have a hard time convincing people to simply "deal with it" in the short term.

We also have international pressure.

This is so multifaceted it's rediculous... but we will see. I cannot offer a simple solution to this problem. People need to agree to one of two things from my quick-thought standpoint:

1 - suck it up and deal with it. some people stepped on their dicks and they need to accept the consequences.
2 - agree that we need to do something and pass some legit legislation to reduce the fear that is currently driving the markets.

I suggest anyone who wants to know about this follow bloomber.com/cnn.com as well as watch MSNBC during the morning hours. After GWB speaks there should be virtually instant reaction once markets open for trading.

First off, giving everyone $230K (which it would end up being more like $2300 at best, as Joe said) would diltute the value of the dollar like crazy. If every American, or close to it, just had a couple hundred grand dropped into their pocket you really think a sandwich at Subway will still only be $5?

Also, it is not like out government has $700B sitting around wondering what to do with it and they realized it would be a good idea to bail these companies out. It is your future tax dollars that will go up to end up paying for this anyways. Cut out the middle man and cut my taxes.

No bailout, no redistribution of the nonexistant $700B. Let 'em sleep in the beds they made.

[rwh11385]

drool hitting my keyboard? my responses are far too long to have been created by simple drool hitting the keyboard. but it would be an easy confusion for you tho. yes my idiot drool could still produce a conversation with higher mental capacity than most people who sit in front of the tv and let their brains rot.

bold statement for someone posting absolute drivel

[rwh11385]

Did you buy a single security/contribute to a retirement plan within the last 10-12 years?

Dude, holmes is investing in weed man

[Ray Smoodiver]

at least its got high yield

[uofom3]

yeah human nature isnt human nature. todays human nature is fueled by media. yesteryears nature was fueled by instinct and the need to survive. we are no longer humans. we are slaves to a system, juming through hoops to get what we "need" never really satisfied with what we have we jump through more hoops to where our sole purpose in life is to jump through hoops. and when you ask "why do i have to jump through hoops. hoops seem rather non related to anything or even pertinent" you will never get a straight foward answer cause there is no more straight foward answers. they all died with our souls.

dude you need to watch SLC Punk or something.

[uofom3]

at least its got high yield

ha

[E30 Memorial]

An interesting news clip to help stir the pot

http://www.youtube.com/watch?v=cMnSp4qEXNM&feature=email

[Aptyp]

wow, how fast this this thread has gone to name calling.

To add fuel to fire:

U.S. should pull out...of Chicago
Body count.

In the last six months 292 killed (murdered) in Chicago, 221 killed in Iraq.

Sens. Barack Obama & Dick Durbin, Rep. Jesse Jackson Jr., Gov. Rod Blogojevich, House leader Mike Madigan, Atty. Gen. Lisa Madigan (daughter of Mike), Gen. Lisa Madigan (daughter of Mike), Mayor Richard M. Daley (son of Mayor Richard J.Daley).....our leadership in Illinois.....all Democrats.

Thank you for the combat zone in Chicago. Of course they're all blaming each other.
Can't blame Republicans, there aren't any!

State pension fund $44 Billion in debt, worst in country.
Cook County (Chicago) sales tax 10.25% highest in country - Look'em up if you want.
Chicago school system one of the worst in country.

This is the political culture that Obama comes from in Illinois.
He's gonna 'fix' Washington politics?

Got that as one of crazy e-mails, but I liked it.

[//MPower]

Bin Laden blew up our economy! It's all Al-Qaeda's fault.

[rwh11385]

Bin Laden blew up or economy! It's all Al-Qaeda's fault.

engrish?

Regardless, you're so far off the reserve it is laughable.

:hitler::hitler::hitler: