The stock market was up 400 points today, or as the Democrats call it — terrible news

[xsited1]

Jay Leno.

 

[Charles_Main]

Ask yourself why it was up.

Because wall street is counting on a trillion dollar bail out.

Not such great news if you ask me.

 

[xsited1]

Ask yourself why it was up.

Because wall street is counting on a trillion dollar bail out.

Not such great news if you ask me.

The government had to bail out two huge companies, and today they strongly hinted that they’d bail out others . . . at taxpayers’ expense of course. It’s all part of a new approach that leaders in the White House and Congress are taking — it’s called socialism.
Jimmy Kimmel Live!

 

[PeterS]

Jay Leno.

Why is it terrible news. It is only up because we socialized the financial system. God that must tear you conservatives up!

 

[Red Dawn]

Jay Leno.

why wouldn't it be up? Your president just took a trillion taxpayer dollars to buy up the debt of some rich people.

And you cons are still crying like little pussys that obama is going to raise taxes on the wealthist among us ? LOL.

Are you going to pay for the bailout of bankers and CEOs? Or should wealthy people pay for their own bailout?

Let me guess - you don't think rich people should pay for their own bailout, and you support McCain's plan to cut more taxes for the wealthiest among us.


Do you even ask republican politicians to kiss you and buy you dinner, before they rape you?

 

[Ninja]

Good news for America is always bad news for Democrats. And vice versa.

 

[Diuretic]

Wall Street is now a casino.

Nice eh?

 

[Shadow]

Do you even ask politicians to kiss you and buy you dinner, before they rape you?

Is that what you do with the Demos before handing over your donations?

 

[Valerie]

The government had to bail out two huge companies, and today they strongly hinted that they’d bail out others . . . at taxpayers’ expense of course. It’s all part of a new approach that leaders in the White House and Congress are taking — it’s called socialism.
Jimmy Kimmel Live!

Isn't it ironic? Eight years of Republican leadership have driven our economy to take drastic socialist measures? But given that the circumstances exist, the end result would be at the taxpayers expense one way or the other anyway, right? Maybe we can leverage something in our favor and even figure out a better solution, like making AIG provide health insurance coverage, as Jillian proposed earlier.

 

[xsited1]

why wouldn't it be up? Your president just took a trillion taxpayer dollars to buy up the debt of some rich people.

Based on your post, I'm guessing you live outside the United States. This is certainly a sad time for America. Our Republic has been under attack for decades and it's just getting worse. Unfortunately, this will affect other countries which are free and there aren't that many in the world. Sad, very sad. BTW, where do you live?

 

[Charles_Main]

Isn't it ironic? Eight years of Republican leadership have driven our economy to take drastic socialist measures?

It is extremely short sighted to blame the current mess solely on 8 years of Republican rule. These problems have been coming for a long time.

in fact it was Bill Clinton that signed into law the law that removed the separations and controls on Banks. Controls that were put into place after the Great Depression to make sure it did not happen again.

Banks complained to the Clinton Administration that they could not compete against foreign banks with those controls and separations in place, so he took them away.

Anyone who tries to lay the blame for our current situation solely at the feet of either party, or any one man, is either a Partisan hack, or a complete fool.

There is plenty of blame to go around in this crisis.

 

[Kevin_Kennedy]

Or maybe we can let the market decide the fate of these companies in the future? Maybe the Fed could stop spending the taxpayers money that they have no Constitutional authority to do.

 

[Charles_Main]

Or maybe we can let the market decide the fate of these companies in the future? Maybe the Fed could stop spending the taxpayers money that they have no Constitutional authority to do.

don't hold your breath, Both parties seem to have decided the Constitution does not matter on this issue.

 

[Kevin_Kennedy]

don't hold your breath, Both parties seem to have decided the Constitution does not matter on this issue.

Both parties seem to have decided the Constitution doesn't matter, period.

 

[Valerie]

It is extremely short sighted to blame the current mess solely on 8 years of Republican rule. These problems have been coming for a long time.

in fact it was Bill Clinton that signed into law the law that removed the separations and controls on Banks. Controls that were put into place after the Great Depression to make sure it did not happen again.

Banks complained to the Clinton Administration that they could not compete against foreign banks with those controls and separations in place, so he took them away.

Anyone who tries to lay the blame for our current situation solely at the feet of either party, or any one man, is either a Partisan hack, or a complete fool.

There is plenty of blame to go around in this crisis.

I agree there is plenty of blame to go around for all who have lead us to this point.

Because of the war on terror and the way it is tied to such an important resource as oil, we find ourselves in unprecedented circumstances. Our enemies have stated that they intend to break us. Do you think we should just let them in order to prove an economic theory?

 

[AllieBaba]

Isn't it ironic? Eight years of Republican leadership have driven our economy to take drastic socialist measures? But given that the circumstances exist, the end result would be at the taxpayers expense one way or the other anyway, right? Maybe we can leverage something in our favor and even figure out a better solution, like making AIG provide health insurance coverage, as Jillian proposed earlier.

The stock market is in the condition it's in because of Democratic policies. Obama was in on the Fannie Mae mess, and the bottom of the housing market fell out because idiot democrats insisted that we provide loans to low-income, high-risk and frequently illegal alien people, suspending the usual guidelines and binding the mortgage companies so they couldn't make money.

 

[Charles_Main]

Do you think we should just let them in order to prove an economic theory?

Where do you come up with this shit?

 

[Valerie]

The stock market is in the condition it's in because of Democratic policies. Obama was in on the Fannie Mae mess, and the bottom of the housing market fell out because idiot democrats insisted that we provide loans to low-income, high-risk and frequently illegal alien people, suspending the usual guidelines and binding the mortgage companies so they couldn't make money.

All of our leaders have failed us. Deregulation was provided under both Democratic and Republican leadership, I don't blame just one political party. I still find it ironic that the current Republican leadership has provided these recent bailouts.

Indeed careless people took loans they had no business taking and greedy banks made loans they had no business making. Placing blame is one thing, and finding real solutions going forward is another.

 

[HoleInTheVoid]

Why is it terrible news. It is only up because we socialized the financial system. God that must tear you conservatives up!

Oh...I dunno...

I s'pose the money could have gone to something REALLY stupid...

...

...like national healthcare. It's gonna be real hard to lobby for that nonsense now.

"Uh, sorry, we just bought homes for millions of deadbeats, we ain't givin' 'em doctors too."

 

[Diuretic]

Oh...I dunno...

I s'pose the money could have gone to something REALLY stupid...

...

...like national healthcare. It's gonna be real hard to lobby for that nonsense now.

"Uh, sorry, we just bought homes for millions of deadbeats, we ain't givin' 'em doctors too."

It might just be that ordinary people look at the numbers being thrown around and think............why couldn't some of that have been used for health care?

But then they're probably sucking in the propaganda from Fox so it wouldn't occur to them.