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bailout rejected stocks plumet. - 9/29/2008 12:44:15 PM

faerytattoodgirl

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dow - INDU -580.16 INDP 10566.65

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RE: bailout rejected stocks plumet. - 9/29/2008 12:46:42 PM

slvemike4u

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We are fucked,all of us held hostage by Wall Street.Screwed if we bail them out,screwed if we don't.

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RE: bailout rejected stocks plumet. - 9/29/2008 12:57:12 PM

UncleNasty

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slvemike, you are most likely correct. Personally I prefer having them be fucked right along with the rest of us, as opposed to our being fucked and they surviving and thriving.

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RE: bailout rejected stocks plumet. - 9/29/2008 1:02:46 PM

sirsholly

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quote:

ORIGINAL: slvemike4u

We are fucked,all of us held hostage by Wall Street.Screwed if we bail them out,screwed if we don't.

sad but so true

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RE: bailout rejected stocks plumet. - 9/29/2008 1:05:31 PM

faerytattoodgirl

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use the 700 billion and put it into universal health care...they will need it because there will be alot of attempted suicides...and people crippled for life after this.....

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RE: bailout rejected stocks plumet. - 9/29/2008 1:13:03 PM

Slavehandsome

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If this is truly a free market (which its actually a controlled market, not a free market), then by definition, we have to let those banks who made foolish decisions fail. There is no other way to allow a smarter company to come in and do the right thing. Let their greed be their demise. Find these people, interrupt them at the Country Club, and hold them accountable. In front of their families. In front of their peers. Armies around the world understand that there is nothing morally wrong with neutralizing a taxpayer for the benefit of the nation. What they're engaging in on Wall Street, is financial warfare, and those responsible for decision making there, should be tried for war crimes against taxpayers. Obviously the politicians are torn between bowing to the corporate bosses, versus doing what's right for the taxpayers of the nation. Don't expect those in Washington to do the right thing, its up to us, just like it always has been throughout history.

DOWjoNes

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RE: bailout rejected stocks plumet. - 9/29/2008 1:17:30 PM

Slavehandsome

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Sorry

< Message edited by Slavehandsome -- 9/29/2008 1:24:06 PM >

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RE: bailout rejected stocks plumet. - 9/29/2008 1:22:13 PM

snappykappy

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try reworking ur math

700,000,000,000.00 divided by 200,000,000 us legal citizens = 3500.00 dollars

which is a little but not much but if u want to reduce the number of people it should be legal and working above 18

yes i know there are those under 18 who work

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RE: bailout rejected stocks plumet. - 9/29/2008 1:22:46 PM

MissSCD

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As scary as it all is, we cannot continue to bailout these corporate thieves.
We are going to have to grit our teeth, and get back to basics. That is the only way the economy will recover.
I may vote yet.

Regards, MissSCD

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RE: bailout rejected stocks plumet. - 9/29/2008 1:25:45 PM

snappykappy

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and eliminate all golden parachutes and the money congress (those bitches and bastards) and their wives or husbands do not get any money after they are out of office

they get what they make almost each year and i have never seen that anywhere else

how bout the jerk for wachovia for about 3 weeks of work got 13 million of which was a 6 million severence pay

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RE: bailout rejected stocks plumet. - 9/29/2008 1:26:42 PM

SilverMark

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I don't have a calculator that works in those numbers but I believe your math is incorrect....

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RE: bailout rejected stocks plumet. - 9/29/2008 1:28:09 PM

SilverMark

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That is assuming the inverse of this "The cost of a $700 billion bailout would be $2,295 estimated cost per American (based on an estimate of 305 million Americans), or $4,635 per working American (based on an estimate of 151 million in the work force)."[

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RE: bailout rejected stocks plumet. - 9/29/2008 1:28:28 PM

JohnWarren

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quote:

ORIGINAL: Slavehandsome

If they took $700 Billion and divided it between all US legal citizens, from infants to elderly, we would each receive $2.5 million dollars, which would be plenty to pay off our mortgages.

I think you may have missed a decimal point. We have a bit over 300 million residents. 88 percent of those were born here. Others are naturalized citizens, but just allowing that EVERYONE who is foreign born is illegal that leaves 265 million citizens born in the US. That comes out to a bit over two and a half GRAND (not million dollars). Can you pay off your mortgage with less than three grand?

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RE: bailout rejected stocks plumet. - 9/29/2008 1:29:37 PM

snappykappy

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thanx much for the clarification
i have a calculator but it fritzes out on me just like congress and wall street and others like that

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RE: bailout rejected stocks plumet. - 9/29/2008 1:31:05 PM

SilverMark

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I had to cheat and look it up...

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RE: bailout rejected stocks plumet. - 9/29/2008 1:33:49 PM

TabrisMaceth

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This scared the ever-lovin' shit out of me:

http://moneycentral.msn.com/detail/stock_quote?symbol=$INDU&GT1=33002

...Is water going to be more valuable than gold, now? If so, I call "Steam Fang" as my new post-apocalyptic name!

-Steam Fang

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RE: bailout rejected stocks plumet. - 9/29/2008 2:07:14 PM

kdsub

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Why worry...surely there are plenty of Belgian and Chinese banks that can buy our the failing US banks.

Butch

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RE: bailout rejected stocks plumet. - 9/29/2008 2:12:57 PM

MasterRenegade77

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I'm personally glad the house rejected bush & his cohorts attempt to rob the treasury one last time!!!
The American people have survived these disasters in the past & I'm sure we'll survive this one too...
I just hope that the dissent & social unrest from this isn't the excuse that bush uses to declare Martial Law & suspend the elections...

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RE: bailout rejected stocks plumet. - 9/29/2008 2:31:59 PM

MzMia

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quote:

ORIGINAL: TabrisMaceth

This scared the ever-lovin' shit out of me:

http://moneycentral.msn.com/detail/stock_quote?symbol=$INDU&GT1=33002

...Is water going to be more valuable than gold, now? If so, I call "Steam Fang" as my new post-apocalyptic name!

-Steam Fang

Hang on to your seats folks, it's going to be a bumpy ride.

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RE: bailout rejected stocks plumet. - 9/29/2008 3:05:17 PM

rulemylife

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quote:

ORIGINAL: MasterRenegade77

I'm personally glad the house rejected bush & his cohorts attempt to rob the treasury one last time!!!
The American people have survived these disasters in the past & I'm sure we'll survive this one too...
I just hope that the dissent & social unrest from this isn't the excuse that bush uses to declare Martial Law & suspend the elections...

Yeah, Americans survived the Depression. I've heard it wasn't a hell of a lot of fun though.

Do we need to experience that personally because we are angry at those who got us into this?

Because it will be the average person that experiences the greatest economic pain. Not those you think we are going to punish by denying the bailout. They may have to downgrade from a Gulfstream to a Learjet and trade the Bentley for a Mercedes but they'll do just fine. It'll be the rest of us who will be hurting.

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