Is This Really a Long Term Fix?

Discussion in 'Economy' started by rayboyusmc, Sep 29, 2008.

  1. rayboyusmc
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    rayboyusmc Senior Member

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    washingtonpost.com
     
  2. dilloduck
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    dilloduck Diamond Member

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  3. editec
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    editec Mr. Forgot-it-All

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    No.

    They'll be back to fleece us again just as soon as enough of us recover from the shock to the system.

    SAVING AND LOAN bailout? Remember that fleecing we took?

    Well, here comes another fleecing, citizens

    Just in time for winter, too.
     
  4. WillowTree
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    WillowTree Diamond Member

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    I'm watching C-span, It sounds like this won't pass if they hold to Nancy's standard which is a majority of the conservative Republicans. I'm hearing a lot of no votes and some even from Democrats.
     
  5. WillowTree
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    WillowTree Diamond Member

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    200 Billion dollars lost that time. and we didn't even squwak. I hope youse guys are sqawking this morning.
     
  6. Ravi
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    Ravi Diamond Member

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    No, it's a bandaid, imo. Though I was just listening to Galbraith on NPR and he claims it won't cost anything near 700 bil. But, wtf knows?
     
  7. xsited1
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    xsited1 Agent P

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    Nope. It's political posturing. It'll just put us more in debt and give the government more control over our lives. Check out what this lady has to say about it:

    [ame="http://www.youtube.com/watch?v=oAADyc6t4nY"]Insider Trading[/ame]
     
  8. WillowTree
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    WillowTree Diamond Member

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    they keep trying to tell us the "taxpayer can make money on this deal" bullshit. if there was money to be made they would not be foisting this bad debt off on us.
     
  9. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Rayboy, aren't you old (experienced) enough to have heard this all before?
    Congress yells "The Sky is Falling" and they want a lot of money, NOW to prevent disaster. Bullshit!
    Now that it looks like the bill will pass, many are starting to admit that this won't work as advertised. What a surprise! I didn't see that coming at all! :rolleyes:

    Listen if someone came to your door with this same goofy "sky is falling" story you would say "go away" and shut the door. We should do the same with this bill.

    Can someone please point out to me when was the last time government made money doing anything?
     
    Last edited: Sep 29, 2008
  10. gonegolfin
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    gonegolfin Member

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    Yes, the Blue Dog Democrats and most of the conservative Republicans are against this bailout. Good for all of them!

    Brian
     

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