Collarspace Discussion Forums


Home  Login  Search 

RE: How do you feel about the biggest bailout in US history?


View related threads: (in this forum | in all forums)

Logged in as: Guest
 
All Forums >> [Casual Banter] >> Off the Grid >> RE: How do you feel about the biggest bailout in US history? Page: <<   < prev  1 2 3 4 [5]
Login
Message << Older Topic   Newer Topic >>
RE: How do you feel about the biggest bailout in US his... - 9/24/2008 12:12:34 AM   
TheUtopian


Posts: 259
Status: offline
quote:

How do you feel about the biggest bailout in US history?

My feelings are very simple :  If it were up to me and I could get away with it, I would figure out a way to put the whole administration as well as most of the democrats and republicans and Wall Street hierarchical structure on a few planes - and then fly those planes and land them on a remote soccer field in Afghanistan. And then I'd hand every single one of them over to the Taliban, and then fly back to the US and sleep like a baby later that night knowing that I just did America a huge favor.

Other than that - There's been a few good assessments here....and the only thing I would disagree with, is the amount regarding the derivatives. It's my feeling that the amount is closer to 1-11/2 quadrillion as compared to the understated 400-700 trillion that's being reported by the likes of Fox news and various other networks.

I sent out a total of twelve faxes today to Obahma, McCain, Biden, Palin, Pelosi  and various Oregon senators and representatives urging them to oppose the bailout.





- R


< Message edited by TheUtopian -- 9/24/2008 12:17:43 AM >

_____________________________

Vae Victus! - Woe to the conquered....

My tears are the cure for cancer - I sweat testosterone, bleed black, and piss excellence.

(in reply to MzMia)
Profile   Post #: 81
RE: How do you feel about the biggest bailout in US his... - 9/24/2008 12:14:37 AM   
Vendaval


Posts: 10297
Joined: 1/15/2005
Status: offline 		Good for you, Ranger! 

_____________________________

"Beware, the woods at night, beware the lunar light.
So in this gray haze we'll be meating again, and on that
great day, I will tease you all the same."
"WOLF MOON", OCTOBER RUST, TYPE O NEGATIVE


http://KinkMeet.co.uk

(in reply to TheUtopian)
Profile   Post #: 82
RE: How do you feel about the biggest bailout in US his... - 9/24/2008 5:32:14 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		Wellll!

I for one do not negotiate with terrorists

(in reply to Vendaval)
Profile   Post #: 83
RE: How do you feel about the biggest bailout in US his... - 9/24/2008 5:36:53 AM   
bipolarber


Posts: 2792
Joined: 9/25/2004
Status: offline 		Well, Utopian, I just hope in your emails you were a little more accurate in your orders of financial magnitude, and watched your spelling of the candidates names.

(in reply to pahunkboy)
Profile   Post #: 84
RE: How do you feel about the biggest bailout in US his... - 9/24/2008 5:42:40 AM   
tsatske


Posts: 2037
Joined: 3/9/2007
From: Louisville, KY
Status: offline
quote:

Wellll! I for one do not negotiate with terrorists


Yes. Yes you do.


_____________________________

“If you never did you should. These things are fun and fun is good”
~Dr. Seuss quote

(in reply to pahunkboy)
Profile   Post #: 85
RE: How do you feel about the biggest bailout in US his... - 9/24/2008 5:46:34 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		tsat, LOL.

consider this.  a mutual fund charges a 1% -2.5% annual fee- and possibly a redemption fee.  The point is wall street always get a cut.

So 700 bn.  =  7bn if the fee is 1%   21bn if the fee 2.5%

lets take 7 billion. what could you city buy with that?

(in reply to tsatske)
Profile   Post #: 86
RE: How do you feel about the biggest bailout in US his... - 9/24/2008 5:56:40 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		http://www.roguegovernment.com/news.php?id=12040

-- a view FROM Main street

(in reply to pahunkboy)
Profile   Post #: 87
RE: How do you feel about the biggest bailout in US his... - 9/24/2008 6:07:45 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		also- isnt it nice that we are not owed an apology? 

(in reply to pahunkboy)
Profile   Post #: 88
RE: How do you feel about the biggest bailout in US his... - 9/25/2008 12:14:18 AM   
TheUtopian


Posts: 259
Status: offline
quote:

ORIGINAL: bipolarber

Well, Utopian, I just hope in your emails you were a little more accurate in your orders of financial magnitude, and watched your spelling of the candidates names.



No offense there, hoss, but whose numbers do you suggest I go with? Would it be Cramer's, Cavuto's, Paulson's  or Shalom's?





- R


_____________________________

Vae Victus! - Woe to the conquered....

My tears are the cure for cancer - I sweat testosterone, bleed black, and piss excellence.

(in reply to bipolarber)
Profile   Post #: 89
RE: How do you feel about the biggest bailout in US his... - 9/25/2008 12:41:50 AM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline 		As one of the conditions of any "bailout" or more likely "loan" or "loan with an equity position, those firms on Wall Street should be made to fire the top 20% of management.
That way we don't have the same idiots that got us into this mess in charge all over again.
It should be very obvious to everyone by now that we just can't have "business as usual."
Whenever I hear the saying, "Big business and government partnering together" I know it really means, "The Taxpayer's going to get screwed again!"

< Message edited by popeye1250 -- 9/25/2008 1:00:54 AM >

_____________________________

"But Your Honor, this is not a Jury of my Peers, these people are all decent, honest, law-abiding citizens!"

(in reply to TheUtopian)
Profile   Post #: 90
RE: How do you feel about the biggest bailout in US his... - 9/25/2008 6:49:02 AM   
felixfelicis


Posts: 3
Joined: 9/24/2008
Status: offline 		“This means that $700 billion is NOT the cost of this dangerous legislation, it is only the amount that can be outstanding at any one time. After, say, $100 billion of bad mortgages are disposed of, another $100 billion can be bought. In short, these four little words assure that there is NO LIMIT to the potential size of this bailout. This means that $700 billion is a rolling amount, not a ceiling.”

http://www.chrismartenson.com/blog/what-latest-bailout-plan-means/5149

(in reply to MzMia)
Profile   Post #: 91
RE: How do you feel about the biggest bailout in US his... - 9/25/2008 11:09:08 AM   
DesFIP


Posts: 25191
Joined: 11/25/2007
From: Apple County NY
Status: offline 		I don't care if a CEO loses his job. I do care about the mail room clerks, secretaries, etc that can't survive.
I don't care that Lehman's isn't any more. I do care about the people who had investments there who suddenly found that their brokers filled their account with Lehman stock which is now worthless.

I don't care if a mortgage broker firm goes out of business. I do care about what happens to the people who now have no homes.

I live in an area where IBM used to be the major employer. Overnight they closed a dozen plants employing tens of thousands of people who had worked on mainframes. I've seen the results when that happened. Everyone else's house was worth less because of the glut of foreclosures. Extra programs at schools ended because of the need to buy suddenly impoverished students meals, school materials etc. Alcohol abuse, drug abuse, spousal and child abuse rates skyrocketed. Police services and emt services needed more money. Therefore town programs like once yearly big item garbage pickup ended. So did removal of dead deer from the roadways, now they get pushed to the side to wait for an overfed vulture to make an appearance.

Destabilizing a neighborhood, or a nation is not a good idea. 

_____________________________

Slave to laundry

Cynical and proud of it!


(in reply to Real_Trouble)
Profile   Post #: 92
RE: How do you feel about the biggest bailout in US his... - 3/18/2009 1:37:08 PM   
sunshinemiss


Posts: 17673
Joined: 11/26/2007
Status: offline 		I'm bringing this one back cause I'm so mad about it.

http://news.bbc.co.uk/2/hi/business/7950452.stm

Maybe the IRS needs to go knocking on the doors of AIG execs - the ones who approved the bonuses and the ones who accepted them.

_____________________________

Yes, I am a wonton hussy... and still sweet as 3.14

(in reply to DesFIP)
Profile   Post #: 93
RE: How do you feel about the biggest bailout in US his... - 3/18/2009 4:09:00 PM   
DomImus


Posts: 2004
Joined: 3/17/2009
Status: offline
quote:

ORIGINAL: MzMia
I am surprised I don't see a thread on this topic.
Okay, here it goes.

The government needs to vote ASAP, about approving the biggest
bailout in U.S. history.
All indications show, the bailout needs to happen this week.
Our economy is in such BAD shape, that waiting 2 weeks might be too late!
The Congressional Democrats are presenting demands that they want put on
the "bailout".
The demands appear to be reasonable and I don't see forking over 700 Billion
dollars, without demands!

Democrats Present Demands for Bailout Plan - washingtonpost.com

I am not happy about the bailout, but I would be unhappier without the bailout!
How do you feel about the biggest bailout in U.S. history?


Now it's six months later and we are seeing that the September bailout was pretty much the boondoggle that the naysayers warned it would be and yet we will not listen to the naysayers about the stimulus package.

See you in six months.


(in reply to MzMia)
Profile   Post #: 94
RE: How do you feel about the biggest bailout in US his... - 3/18/2009 7:19:25 PM   
MzMia


Posts: 5333
Joined: 7/30/2004
Status: offline 		At this point, there appears to be no end in sight.
In 6 more months, I am scared to think how things might be.
 
At what point will we begin to see the thousands, if not millions of jobs the bailout should
help produce?

_____________________________

Namaste'
To Each His/Her Own
"DENIAL ain't just a river in Egypt." Mark Twain


What's your favorite fetish?
"My partner's whisper"--bloomswell

(in reply to DomImus)
Profile   Post #: 95
RE: How do you feel about the biggest bailout in US his... - 3/19/2009 10:11:39 AM   
ienigma777


Posts: 283
Joined: 2/20/2009
Status: offline 		I'm angry as well......and angry at a system in what could have been the greatest country the world has ever seen.....for not having a health care system in place.
No; 'don't get sick' is not a health care system.

And...youve got to consider...who brought all this about.

(in reply to BadJezebel)
Profile   Post #: 96
RE: How do you feel about the biggest bailout in US his... - 3/19/2009 10:18:31 AM   
UncleNasty


Posts: 1108
Joined: 3/20/2004
Status: offline
quote:

ORIGINAL: DomImus

quote:

ORIGINAL: MzMia
I am surprised I don't see a thread on this topic.
Okay, here it goes.

The government needs to vote ASAP, about approving the biggest
bailout in U.S. history.
All indications show, the bailout needs to happen this week.
Our economy is in such BAD shape, that waiting 2 weeks might be too late!
The Congressional Democrats are presenting demands that they want put on
the "bailout".
The demands appear to be reasonable and I don't see forking over 700 Billion
dollars, without demands!

Democrats Present Demands for Bailout Plan - washingtonpost.com

I am not happy about the bailout, but I would be unhappier without the bailout!
How do you feel about the biggest bailout in U.S. history?


Now it's six months later and we are seeing that the September bailout was pretty much the boondoggle that the naysayers warned it would be and yet we will not listen to the naysayers about the stimulus package.

See you in six months.




Truth and fact almost always loose out to positive spin and distraction.

Naysayers are written off as kook and nuts.


Uncle Nasty

(in reply to DomImus)
Profile   Post #: 97
RE: How do you feel about the biggest bailout in US his... - 3/19/2009 11:50:20 AM   
LaTigresse


Posts: 26123
Joined: 1/15/2006
Status: offline 		There was a great article recently by Warren Buffet in Newsweek that explains perfectly how I feel about this whole mess.

We will survive it.

Stupided down version...
Stupid people that got stupid loans, lost and will lose, stupidly over priced houses. Stupid companies that loaned those stupid people money are sucking up our stupid future tax dollars. Stupid people that were employed with stupid companies are losing, or going to lose, their stupidly over paid jobs. A lot of less stupid people are also going to suffer because of a few stupid people.

We will survive it.


_____________________________

My twisted, self deprecating, sense of humour, finds alot to laugh about, in your lack of one!

Just because you are well educated, articulate, and can use big, fancy words, properly........does not mean you are right!

(in reply to MzMia)
Profile   Post #: 98
Page:   <<   < prev  1 2 3 4 [5]
All Forums >> [Casual Banter] >> Off the Grid >> RE: How do you feel about the biggest bailout in US history? Page: <<   < prev  1 2 3 4 [5]
Jump to:





New Messages No New Messages
Hot Topic w/ New Messages Hot Topic w/o New Messages
Locked w/ New Messages Locked w/o New Messages
 Post New Thread
 Reply to Message
 Post New Poll
 Submit Vote
 Delete My Own Post
 Delete My Own Thread
 Rate Posts




Collarchat.com © 2025
Terms of Service Privacy Policy Spam Policy

0.109