 | | 
10-09-2008, 03:13 PM
| | Registered User | | Join Date: Jul 2008
Posts: 797
Rep Power: 4 | | | You Think the Markets Are Bad Now! |
Login to remove all ads 
10-09-2008, 05:56 PM
| | Registered User | | Join Date: Sep 2008
Posts: 377
Rep Power: 1 | | | What happened to all the talk about the bailout plan is needed pronto? | 
10-09-2008, 05:59 PM
|  | Too much socket time! | | Join Date: Sep 2008
Posts: 3,821
Rep Power: 15 | | Quote:
Originally Posted by user_name_guest What happened to all the talk about the bailout plan is needed pronto? |
they all went on vacation and to conventions in Southern California. We've all been skewered so they are done with us.  | 
10-09-2008, 06:33 PM
|  | Registered User | | Join Date: Sep 2008 Location: Arizona
Posts: 1,732
Rep Power: 12 | | | The only one's that are absolved in this "bailout" are the one's that had the courage to Vote NO. This does not include Obama or McCain, I am still shaking my head that they would do such a thing. Now look at the results ?, were we not told by all the so called experts on the Hill that this would calm the markets? It sure did, at least calmed them enough to take a little 500,000. 00 spa trip or now I hear that Wachovia execs sent 75 Senior Mgt. people on a greek cruise to wait for the "bailout". I called today and demanded my congressmen go back to work and submit a bill to recend this.
__________________ Citizens by birth or choice of a common country, that country has a right to concentrate your affections. The name of American, which belongs to you, in your national capacity, must always exalt the just pride of Patriotism, more than any appellation derived from local discriminations.
George Washington | 
10-09-2008, 06:34 PM
|  | boatwoman | | Join Date: Aug 2008 Location: the river styx
Posts: 356
Rep Power: 2 | | | When Obama wins the stock market will go up and will stay up. McCain wins and we can color the country in third world colors.
__________________ I am the way into the city of woe.
I am the way to forsaken people.
Dante's Inferno
"Now I am become Death, the destroyer of worlds." Robert Oppenheimer
My God, what have we done?" - Robert Lewis co-pilot of the Enola Gay | 
10-09-2008, 06:34 PM
| | Registered User | | Join Date: May 2007
Posts: 4,111
Rep Power: 14 | | | You do realize that not a dime of the money they alloted is in the system yet right?
__________________ "The essence of the Liberal outlook lies not in what opinions are held, but in how they are held: instead of being held dogmatically, they are held tentatively, and with a consciousness that new evidence may at any moment lead to their abandonment." -Bertrand Russell | 
10-09-2008, 06:37 PM
| | Registered User | | Join Date: Sep 2008
Posts: 377
Rep Power: 1 | | | Truth, is this a crisis. What is Congress doing to solve it? They pass a rushed $700 billion bailout aimed at Wall Street. Obama claims they started this problem. Why did he and McCain vote for it? It is Bush who called for it. "Failed economic policies of the last eight years". Why did they vote for it. It's Bush economic policy. Guess what, it's going to fail. | 
10-09-2008, 06:52 PM
|  | Registered User | | Join Date: Sep 2008 Location: Arizona
Posts: 1,732
Rep Power: 12 | | Quote:
Originally Posted by Truthmatters You do realize that not a dime of the money they alloted is in the system yet right? | I know this Truth, that 69 of the 85 Billion Dollars to "bailout" AIG has already been spent. 18 of the the 35 Billion to "bailout" the Auto companies has been spent and you see the results of GM's announcement today. The Fed has announced that 300 Billion is going to be spent right away to buy back toxic paper. This has had zero effect.
__________________ Citizens by birth or choice of a common country, that country has a right to concentrate your affections. The name of American, which belongs to you, in your national capacity, must always exalt the just pride of Patriotism, more than any appellation derived from local discriminations.
George Washington | 
10-09-2008, 06:56 PM
| | Registered User | | Join Date: May 2007
Posts: 4,111
Rep Power: 14 | | http://www.usatoday.com/money/perfi/...esidents_x.htm
The stock market does best under Dems. It a cold hard fact.
__________________ "The essence of the Liberal outlook lies not in what opinions are held, but in how they are held: instead of being held dogmatically, they are held tentatively, and with a consciousness that new evidence may at any moment lead to their abandonment." -Bertrand Russell
Last edited by Truthmatters; 10-09-2008 at 06:58 PM.
| 
10-09-2008, 06:57 PM
| | Registered User | | Join Date: May 2007
Posts: 4,111
Rep Power: 14 | | Quote:
Originally Posted by user_name_guest Truth, is this a crisis. What is Congress doing to solve it? They pass a rushed $700 billion bailout aimed at Wall Street. Obama claims they started this problem. Why did he and McCain vote for it? It is Bush who called for it. "Failed economic policies of the last eight years". Why did they vote for it. It's Bush economic policy. Guess what, it's going to fail. |
They did it already.
The money has not yet hit the system.
Its in the works.
Even congress has to wait for the money to be printed.
__________________ "The essence of the Liberal outlook lies not in what opinions are held, but in how they are held: instead of being held dogmatically, they are held tentatively, and with a consciousness that new evidence may at any moment lead to their abandonment." -Bertrand Russell | 
10-09-2008, 07:01 PM
|  | Registered User | | Join Date: Sep 2008 Location: Arizona
Posts: 1,732
Rep Power: 12 | | Should investors fear an Obama administration?
Of course, it's not just dividend treatment that has investors pushing the sell button. It's also concern that Obama's tax plans would make the federal government even more reliant on relatively few high-income people to pay most U.S. taxes -- and thereby provide less incentive for business owners to augment their wealth by growing their companies. Why Wall Street is scared of Obama - MSN Money
Strangely enough, government statistics show that the U.S. tax system is already evolving into one in which a majority of Americans pay little or nothing. Between 1999 and 2006, evidence suggests that the number of tax filers who had no income tax liability after taking advantage of credits and deductions grew to nearly 44 million, according to the Tax Foundation, a nonpartisan (but right-leaning) think tank in Washington, D.C., and Duke University law professor Lawrence Zelenak.
__________________ Citizens by birth or choice of a common country, that country has a right to concentrate your affections. The name of American, which belongs to you, in your national capacity, must always exalt the just pride of Patriotism, more than any appellation derived from local discriminations.
George Washington | 
10-09-2008, 07:11 PM
|  | Registered User | | Join Date: Sep 2008 Location: Arizona
Posts: 1,732
Rep Power: 12 | | Frank, who has played a central role in shaping the package, said the Treasury could begin buying soured mortgage backed securities soon.
"Given how important they think it is, I'd think they'd be ready to buy some stuff right away," he said. Rep. Frank thinks the bailout will pass: report | Deals | Reuters
From Barney Frank, to Barack Obama to John McCain it was the same theme, we need this "Bailout to calm the markets. They were all told that this "bailout" would not do one damn thing to calm the markets by over a hundred different economists but in order to appease the Goldman Sachs Branch of the govt. we went ahead and did it anyway.
__________________ Citizens by birth or choice of a common country, that country has a right to concentrate your affections. The name of American, which belongs to you, in your national capacity, must always exalt the just pride of Patriotism, more than any appellation derived from local discriminations.
George Washington | 
10-09-2008, 07:16 PM
| | Registered User | | Join Date: Jul 2008
Posts: 797
Rep Power: 4 | | Quote:
Originally Posted by Truthmatters | I guess all of these CEO's are idiots then... LOL | 
10-09-2008, 07:27 PM
| | Registered User | | Join Date: Mar 2007 Location: Maine
Posts: 3,935
Rep Power: 76 | | Quote:
Originally Posted by KMAN I guess all of these CEO's are idiots then... LOL | i would say yeah, they are stupified by greed....look what the ceos just did to all of us from the banks and financial institutions....
greed wins out with many of them and their ethics fall by the wayside
i am truely beginning to believe....''The love of money, is the root of all evil'' as the saying goes....  | 
10-09-2008, 07:43 PM
|  | Registered User | | Join Date: May 2004 Location: Austin, Tx
Posts: 25,181
Rep Power: 79 | | Quote:
Originally Posted by Care4all i would say yeah, they are stupified by greed....look what the ceos just did to all of us from the banks and financial institutions....
greed wins out with many of them and their ethics fall by the wayside
i am truely beginning to believe....''The love of money, is the root of all evil'' as the saying goes....  | It is---it's the false idol of power and security.
Make as much as you would like--it won't help any.
__________________ "Some men eventually stumble over the truth but they usually pick themselves up and walk on as if nothing ever happened."
-Winston Churchill
"But though there is no difference in this respect between the best demagogue and the worst, both of them having to present their cases equally in terms of melodrama, there is all the difference in the world between the statesman who is humbugging the people into allowing him to do the will of God, in whatever disguise it may come to him, and one who is humbugging them into furthering his personal ambition and the commercial interests of the plutocrats who own the newspapers and support him on reciprocal terms."
-George Bernard Shaw | | Thread Tools | | | | Display Modes | Linear Mode |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts HTML code is Off | | | | | |