I'm Not Convinced the Bailout is so Urgently Needed

Discussion in 'Current Events' started by HoleInTheVoid, Sep 30, 2008.

  1. HoleInTheVoid
    Offline

    HoleInTheVoid Active Member

    Joined:
    Sep 10, 2008
    Messages:
    860
    Thanks Received:
    89
    Trophy Points:
    28
    Ratings:
    +89
    Obviously the conservatives are in a take-it-or-leave-it mood mostly leave it because they don't want to socialize the US banking system, but the dems don't seem to think this is so serious despite their panicking tones...

    Jonathan Martin's Blog: Most CBC members bailout bill - Politico.com

    Add in the dems not inviting the GOP to the early rounds of hammering out a plan then calling them "unpatriotic" because they weren't present for what they weren't allowed to attend all smacks of some sort of behind your back snickering game playing.
     
  2. HoleInTheVoid
    Offline

    HoleInTheVoid Active Member

    Joined:
    Sep 10, 2008
    Messages:
    860
    Thanks Received:
    89
    Trophy Points:
    28
    Ratings:
    +89
    U.S. turmoil fails to carry through to Europe - Yahoo! News

    Let's see what ours does in a few minutes.
     
  3. Otter_Creek
    Offline

    Otter_Creek worst president ever

    Joined:
    Jul 2, 2006
    Messages:
    772
    Thanks Received:
    144
    Trophy Points:
    78
    Location:
    The Former USA
    Ratings:
    +144
    I believe we need some sort of intervention,but not stuffing millions in the bill for the POS Acorn.Why is acorn even in there in the first place?. Maybe I'll ask John Kerry, yeah that's the uh ticket.
    They needed a two day time out to look at what they are really voting for.
    The dems got caught sticking their hands in the cookie jar and now they're gnashing teeth and frothing at their greedy mouths.
     
    Last edited: Sep 30, 2008
  4. WillowTree
    Online

    WillowTree Diamond Member

    Joined:
    Sep 15, 2008
    Messages:
    68,147
    Thanks Received:
    10,164
    Trophy Points:
    2,030
    Ratings:
    +14,703



    because they are master race baiters
     
  5. HoleInTheVoid
    Offline

    HoleInTheVoid Active Member

    Joined:
    Sep 10, 2008
    Messages:
    860
    Thanks Received:
    89
    Trophy Points:
    28
    Ratings:
    +89
    Market started up about 100 and climbed.

    Patience children, patience. Panic is your biggest enemy.
     
  6. Otter_Creek
    Offline

    Otter_Creek worst president ever

    Joined:
    Jul 2, 2006
    Messages:
    772
    Thanks Received:
    144
    Trophy Points:
    78
    Location:
    The Former USA
    Ratings:
    +144
    Yeah, I'm usually in a hurry too.:eusa_shhh:
     
  7. HoleInTheVoid
    Offline

    HoleInTheVoid Active Member

    Joined:
    Sep 10, 2008
    Messages:
    860
    Thanks Received:
    89
    Trophy Points:
    28
    Ratings:
    +89
    Many vulnerable lawmakers said 'no' to bailout: Financial News - Yahoo! Finance

    Again, this is indicative that the cure could be worse than the disease.
     
  8. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617
    That's nice.

    Now, as to the rest of the nation?

    The market is NOT the barometer of the health of this nation.

    The market is clueless or indifferent or something.

    The market gets it WRONG all the time
     
  9. HoleInTheVoid
    Offline

    HoleInTheVoid Active Member

    Joined:
    Sep 10, 2008
    Messages:
    860
    Thanks Received:
    89
    Trophy Points:
    28
    Ratings:
    +89
    The market is a barometer of investment capital available; a thing compromised when banks gave money to people who couldn't pay it back for properties ridicuolously overpriced.

    I know editec a market meltdown helps your candidate so you would enjoy it but what we need to see now is whether people have enough confidence in the economy to keep their money in it.
     
  10. del
    Offline

    del BANNED

    Joined:
    Sep 3, 2008
    Messages:
    45,052
    Thanks Received:
    9,830
    Trophy Points:
    0
    Ratings:
    +9,885
    market's up 240+ and the sun came up too. maybe wall st will figure out that even if they hold their breath till they turn blue and stomp their feet, we're bearish on their bullshit.
     

Share This Page