You Think the Markets Are Bad Now!

Discussion in 'Current Events' started by KMAN, Oct 9, 2008.

  1. KMAN
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    KMAN Senior Member

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  2. user_name_guest
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    user_name_guest Member

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    What happened to all the talk about the bailout plan is needed pronto?
     
  3. WillowTree
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    WillowTree Diamond Member

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    they all went on vacation and to conventions in Southern California. We've all been skewered so they are done with us. :tongue:
     
  4. Navy1960
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    Navy1960 Senior Member

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    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.
     
  5. Inferno
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    Inferno boatwoman

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    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.
     
  6. Truthmatters
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    You do realize that not a dime of the money they alloted is in the system yet right?
     
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  7. user_name_guest
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    user_name_guest Member

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    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.
     
  8. Navy1960
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    Navy1960 Senior Member

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    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.
     
  9. Truthmatters
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    Last edited: Oct 9, 2008
  10. Truthmatters
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    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.
     

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