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TranceAddict Forums > Local Scene Info / Discussion / EDM Event Listings > Canada > Canada - Toronto & Southern Ont. > US Economy in CRISIS!
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I <3 Boobies



Registered: Mar 2003
Location: Toronto

I wouldn't say it's failed... just that this first shot at a bailout failed. They'll go back to the drawing board and work out something else.

Old Post Sep-29-2008 20:44  United Kingdom
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yankeeBaby
Keepin it real....



Registered: Feb 2005
Location: Upper West Side NYC

quote:
Originally posted by love_child
I dont give a shit...I just live my life as best I can.


Wow (on so many levels...) that is the most retarded statement I have seen on this forum in weeks or months even.


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Old Post Sep-29-2008 20:45  United States
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PurpleHaze
Supreme tranceaddict



Registered: Nov 2006
Location: leaning against the speaker stack

quote:
Originally posted by Vivid Boy
basically obama and Mccain are going to tell their repunbicans and democrats that they need to fuckin vote yes. and willprobably tell them "i;m not your boss yet, but i will be. Vote yes."


trust me it'll go through and if they vote no I'm sur etheyll push it through anyways


I dunno...I don't believe that this plan alone + forcing to vote "yes" will be sufficient enough!
Something needs to be changed/added/tweake in order for something similar to this bailout plan to go through

Old Post Sep-29-2008 20:45  Romania
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Vivid Boy
TA's GodFather



Registered: Sep 2001
Location: T.O

quote:
Originally posted by PurpleHaze
I dunno...I don't believe that this plan alone + forcing to vote "yes" will be sufficient enough!
Something needs to be changed/added/tweake in order for something similar to this bailout plan to go through


I don't believe it will be the be all or end all either. i don't even support it. However the people in power support it BIG TIME and when they want something they find a way to get it.

Old Post Sep-29-2008 20:52 
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cammaxwell
Supreme tranceaddict



Registered: Mar 2007
Location: Toronto, Canada

I don't see why people are against the bailout?

It's not even a "bailout", the government would just be buying up the mortgages of homes that have dropped in value to below the loan amount.

The banks can't afford to hold on to them, but the government can.

If they hold them till the market turns, say 4-7 years, they could cash out and make billions....

Those properties won't stay undervalued for too long, there not making anymore land.


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Old Post Sep-29-2008 20:53  Canada
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Vivid Boy
TA's GodFather



Registered: Sep 2001
Location: T.O

quote:
Originally posted by cammaxwell


Those properties won't stay undervalued for too long, there not making anymore land.



MARS!

Old Post Sep-29-2008 20:55 
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Vivid Boy
TA's GodFather



Registered: Sep 2001
Location: T.O

quote:
Originally posted by yankeeBaby
Wow (on so many levels...) that is the most retarded statement I have seen on this forum in weeks or months even.



and for once it didnt come from me

Old Post Sep-29-2008 20:55 
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The Ear
Built for debauchery



Registered: May 2004
Location: Toronto, Canada

Perhaps people should have realized that this was coming a good while back, b/c there has been every indication that this was coming for over the past 1.5yrs. But people are sheep, & didn't look at the information, just the opinions published in the media (who are people that are just as clueless as the average investor), and now they're fucked right along with the banks.

Old Post Sep-29-2008 20:56  Canada
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VDub
Scoundrel



Registered: Feb 2008
Location: Toronto

My god China is laughing right now....


They have TRILLIONS in US cash stockpiled away.....

Fuckin stupid Americans...

That idiot Bush is bringing down the strongest country in the world....

10 BILLION per month being wasted in Iraq......




And some news for you all...

That bailout....NOT American money....

$143B is from the Bank of Canada alone....


US is "calling in favors"...


Stupid Americans.....


(Most...not all)


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quote:
Originally posted by chinamon
chinamon is INCH MOAN.
LOL so fitting.

Old Post Sep-29-2008 20:56 
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Endlesswave
Resident GreekCypriot.



Registered: Sep 2001
Location: Thornhill (Ontario)

quote:
Originally posted by Intangible
Temp fix yes, but SOMETHING needs to be done until a proper solution is implemented and takes effect.

A big boat takes a long time to turn around...

And with the election date so soon... I dont see any major solutions occuring until the new president is in the house.

Its sad how many people are losing their homes.


Sure something needs to be done but just pumping more money into a situation doesn't mean it will fix things? I dont' know...


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Old Post Sep-29-2008 20:56  Cyprus
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Yohan
Champion of Deep&Nu-disco



Registered: Jan 2004
Location: Kitchener, Ont, Soviet Canuckistan

Yeah. It's only what 13 votes to pass the package. There will be some severe political arm twisting going on in next week or so.

Silly Americans...


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quote:
Originally posted by chinamon
not true. i say "ugh"
but i am a tranny.
quote:
Originally posted by kotsy
lol colour me retarded

Old Post Sep-29-2008 20:59  Canada
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Vivid Boy
TA's GodFather



Registered: Sep 2001
Location: T.O

you guys think ta will survive this?

I heard swamper was selling lots of shares to chinese investors.

and sending allt he scripting jobs over there because its cheaper.

I might be out of a job on here replaced by vividzip

Old Post Sep-29-2008 21:02 
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TranceAddict Forums > Local Scene Info / Discussion / EDM Event Listings > Canada > Canada - Toronto & Southern Ont. > US Economy in CRISIS!
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