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Wallstreet- $700 billion proposed bailout! (pg. 9)
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| Moral Hazard |
| Hey Wall St.... nice basket, where did you say you were going again? |
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| Rostros |
| Stick $350 billion on red :) double it up |
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| fbgdavidson |
Anyone else watch the voting in the House then the stock market dive?
I couldn't believe my f'in eyes. House following their uninformed constiuents. Bloody idiots, let the economy crumble why don't you? :whip: :whip: :whip: :whip: :whip: :whip: |
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| ChemEnhanced |
| quote: | Originally posted by fbgdavidson
Anyone else watch the voting in the House then the stock market dive?
I couldn't believe my f'in eyes. House following their uninformed constiuents. Bloody idiots, let the economy crumble why don't you? :whip: :whip: :whip: :whip: :whip: :whip: |
throwing money at this problem doesn't help the economy at all...if anything it will make the economy worse.....the value of the US Dollar will drop and will be worth less then Canadian Tire Money |
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| fbgdavidson |
| quote: | Originally posted by ChemEnhanced
throwing money at this problem doesn't help the economy at all...if anything it will make the economy worse.....the value of the US Dollar will drop and will be worth less then Canadian Tire Money |
The US government are the only organisation with the cash to take these loans off the banks. Once they've bought it for a fair value (remember these loans are backed by actual property) they can hold onto them until they gain some value.
Unfortunately far too many people have been given the impression this is bailing out Wall Street fat cats. It isn't, it is preventing the economy going into freefall and where nobody can get a loan. |
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| pkcRAISTLIN |
| quote: | Originally posted by fbgdavidson
Unfortunately far too many people have been given the impression this is bailing out Wall Street fat cats. It isn't, it is preventing the economy going into freefall and where nobody can get a loan. |
thank someone else understands this. im getting sick and tired of the regular conspiracy wits parroting their BS absent their economics degrees. |
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| XaNaX |
| quote: | Originally posted by pkcRAISTLIN
thank someone else understands this. im getting sick and tired of the regular conspiracy wits parroting their BS absent their economics degrees. |
most people are also too stupid to realize that the US Government could very well end up making money off of this bailout in the end |
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| delobbo |
| quote: | Originally posted by XaNaX
most people are also too stupid to realize that the US Government could very well end up making money off of this bailout in the end |
as has been the case in the past.
personally, they should just give me a few billion dollars of it, I would be so happy then. |
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| Nrg2Nfinit |
| yay lets press print in the money factory :) |
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| we_R_DNA |
| quote: | Originally posted by fbgdavidson
Anyone else watch the voting in the House then the stock market dive?
I couldn't believe my f'in eyes. House following their uninformed constiuents. Bloody idiots, let the economy crumble why don't you? :whip: :whip: :whip: :whip: :whip: :whip: |
Guess what if the market was actually a FREE MARKET the government voting a bill should not in any way tie into how a FREE Market is manipulated right? NO WRONG the government has its hands in the FREE MARKET. .
Ontop of that I don't think voting on a bill lets the economy crumble b/c the economy is already fuct, this action in the House is far to late, oh yeah and last week President Bush signed a 600 billion Dollar War Spending bill. |
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| Kinezi |
| quote: | Originally posted by fbgdavidson
The US government are the only organisation with the cash to take these loans off the banks. |
Actually US Government is taking loan from Japan to take these loans off the banks. |
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