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2008-09-25 04:49:16
Varegg
Support fanatic :-)
+2,206|7116|Nårvei

I expect this to remain a crisis no matter what rescue plan is thrown into the market, with investors still trembling with fear the market will continue down by itself after a short rise ... what your government is doing now only prolongs the problem ... let it die on its own
Wait behind the line ..............................................................
2008-09-25 05:19:14
loubot
O' HAL naw!
+470|6884|Columbus, OH
Ever since the Hadron Collider was turned on, things are running amok. Wall Street crashing, gas prices, multi-racial/gender presidental candidates, Bush giving a flawless speech. I blame the Hadron Collider for every thing!
2008-09-25 05:24:42
Surgeons
U shud proabbly f off u fat prik
+3,097|6795|Gogledd Cymru

loubot wrote:

Ever since the Hadron Collider was turned on, things are running amok. Wall Street crashing, gas prices, multi-racial/gender presidental candidates, Bush giving a flawless speech. I blame the Hadron Collider for every thing!
The LHC is broke buddy;

The LHC circulated its first particle beams on 10 September 2008, but a few days later had to suspend operations due to equipment failure, when a faulty connection between two magnets triggered a shutdown which will delay its operation for two months.

Around a tonne of Liquid Helium leaked out of somewhere lulz.
2008-09-25 05:35:00
loubot
O' HAL naw!
+470|6884|Columbus, OH

The Sheriff wrote:

loubot wrote:

Ever since the Hadron Collider was turned on, things are running amok. Wall Street crashing, gas prices, multi-racial/gender presidental candidates, Bush giving a flawless speech. I blame the Hadron Collider for every thing!
The LHC is broke buddy;

The LHC circulated its first particle beams on 10 September 2008, but a few days later had to suspend operations due to equipment failure, when a faulty connection between two magnets triggered a shutdown which will delay its operation for two months.

Around a tonne of Liquid Helium leaked out of somewhere lulz.
True but I have initiated the finger-pointing >>> LHC fault
2008-09-25 06:23:50
san4
The Mas
+311|6994|NYC, a place to live
There isn't going to be any profit to the taxpayers from this, not now or ever. If there were profit to be made, private parties would be doing it. Or China or arab oligarchs who have tons of cash to invest.

There's a reason Warren Buffett just sunk $5 billion into Goldman Sachs--he's buying bad mortgage debt so he can sell it to the government and profit from the bailout plan!
2008-09-25 08:47:50
Diesel_dyk
Object in mirror will feel larger than it appears
+178|6300|Truthistan
I might buy what he was selling if the first thing he said was

"I know I'm the little boy who cried wolf... but this is serious."

He's just selling us another load of BS. Its not that serious unless you're a speculator or wall street crook. Save our tax money to kick start main street after the markets correct themselves. Don't use our tax money to prop up prices in a vain attempt to keep the bubble from popping.
It won't work and we will only be chasing good money after bad, give us $700 billion, then that's not enough so give us another $700 billion, then well your in for 1.4 trillion and its only going to take another $700 billion.
I've heard that that is the final price tag on this fiasco is expected to be 2.1 trillion, its going to be three times what they are asking for now!
2008-09-25 08:53:37
Diesel_dyk
Object in mirror will feel larger than it appears
+178|6300|Truthistan

loubot wrote:

The Sheriff wrote:

loubot wrote:

Ever since the Hadron Collider was turned on, things are running amok. Wall Street crashing, gas prices, multi-racial/gender presidental candidates, Bush giving a flawless speech. I blame the Hadron Collider for every thing!
The LHC is broke buddy;

The LHC circulated its first particle beams on 10 September 2008, but a few days later had to suspend operations due to equipment failure, when a faulty connection between two magnets triggered a shutdown which will delay its operation for two months.

Around a tonne of Liquid Helium leaked out of somewhere lulz.
True but I have initiated the finger-pointing >>> LHC fault
OMG the LHC created a blackhole and its WALLSTREET!!!! Quick throw money at the black hole,
Throw Moneyyyyyyyyyyyyyyy!!!!!!.... zlurp

Last edited by Diesel_dyk (2008-09-25 08:54:03)

2008-09-25 09:32:08
Ajax_the_Great1
Dropped on request
+206|6952

Hurricane2k9 wrote:

Ajax_the_Great1 wrote:

Doomsday economy hasn't effected me yet. Little over 30 dollars per full tank. It's all good.
Do you drive a motorized rickshaw?
2004? toyota corolla with a 10 gallon tank. Good gas milage is worth being thrown about when its windy.
2008-09-25 09:36:39
IRONCHEF
Member
+385|6797|Northern California

Mason4Assassin444 wrote:

Poseidon wrote:

Mason4Assassin444 wrote:

Yep. Great job. Pump more money into a broken system. Great plan.
Trust me, I'm no fan of Bush...quite the opposite, in fact.

But what exactly do you propose we do?
Let it crash.
Yep, crash this bitch.  This country needs a serious humbling event in order to spawn even a minimal amount of respectable capitalism, ethical financial restructuring, and to teach it's people (me, us) personal responsibility..and preparedness.  Bring on the inflation, the starvation, the suicide, the failed banks, the double digit job loss percentage, ..yea, bring on the FAIL of all times!  Then....we wait for the right rebirth of our financial future and see how it forms up!  there's always hope.   that and I've got a good 2000 rounds of each ammo I need...because ammo and I'm picking up more this weekend at the show in town...because guns and ammo will be the new dollar when SHTF! lol

Last edited by IRONCHEF (2008-09-25 09:39:29)

2008-09-26 01:52:27
FEOS
Bellicose Yankee Air Pirate
+1,182|6717|'Murka

Locoloki wrote:

Pro's, 700B investment into something that is failing, thus somehow resulting in profit
Con's 700B more gone down the drain if the economy fails, which it still will, because Bush is only doing this so, people who have failed mortgage loans and business loans can do what? take out another loan? fucking retarded. News flash, if you have good credit you can still take out a fucking loan. Bush is trying to build another economic bubble on top of the collapsed one. So now when it fails it will fail doubly
You clearly don't understand the root of the problem.

All the cash in the market is basically tied up in these mortgage-based securities. The bailout is intended to buy up those securities, thus injecting cash back into the market, allowing banks to lend again. But part of the package is ensuring that the lending practices that led to this aren't repeated.

The key is getting liquidity back into the market so credit can be let again, since the unfortunate truth is that the economy (not just ours, but the global economy) is based on institutions lending money to each other and consumers alike.
“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular
2008-09-26 01:54:53
AussieReaper
( ͡° ͜ʖ ͡°)
+5,761|6459|what

The sad reality is that the rest of the world is dependent upon a bailout package as well, but the whole cost of the bailout goes solely to US tax payers. If the US does collapse, banks the world over are going to feel pain, most of which are tried closely to US markets.
https://i.imgur.com/maVpUMN.png

 

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