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#1
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Bail out Failed the House
Dems 140 95
Repub 65 133 Yea 205 Nay 228
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Sent from an agnostic abacus 2014 C250 21,XXX my new DD ** 2013 GLK 350 18,000 Wife's new DD** - With out god, life is everything. - God is an ever receding pocket of scientific ignorance that's getting smaller and smaller as time moves on..." Neil DeGrasse Tyson - You can pray for me, I'll think for you. - When you understand why you dismiss all the other possible gods, you will understand why I dismiss yours. |
#2
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wow, the Repubs said no.....
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"It's normal for these things to empty your wallet and break your heart in the process." 2012 SLK 350 1987 420 SEL |
#3
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Bail out for rich white guys in NYC paid for through extortion of middle class taxpayers.
No thanks, B |
#4
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For a minute the Dow was down 690 points,,,,, YIKES!!!
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95 SL500 Smoke Silver, Parchment 64K 07 E350 4matic Station Wagon White 34K 02 E320 4Matic Silver/grey 80K 05 F150 Silver 44K |
#5
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Yay!! Wait, it didn't pass? Hmm...Then they're going to have a hard time paying this back.
http://www.reuters.com/article/ousiv/idUSTRE48O9B920080925 Quote:
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#6
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Consider this:
Why do we need a government bailout in the first place? The idea was the gov would buy all these bad assets and free up capital for banks to start lending again. BUT Why does it have to be the gov't? Is the private sector not capable of healing itself? Case in point: C buys WB. C bought what it wanted and cost the taxpayers nothing! If WB assets were truly toxic, then why was there a non-gov't buyer??? Something is not worthless if there is someone out there who is willing to pay money for it. Granted it will be much less than initially thought but hey, let the market decide who stays and goes.
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Jennifer 90 350sdl |
#7
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Too few people see it that way B but I agree with you. People cannot fathom the amount of money the sellers/traders/hedgers make, they get a glimps at some CEO pay that is smitten to Wall Street, with a Net Worth of less then 50 Million your a piss ant.
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#8
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And-
http://www.bloomberg.com/apps/news?pid=20601087&sid=ahwz_k5JvuB8&refer=worldwide Quote:
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#9
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This whole voting down of the bailout makes me proud to be an American.
The King (GW) wanted this and the people (through the Senate) said no. How many places on earth can you find such a place??? This democracy has without a doubt many faults, but I'll take it over any dictatorship or puppet government. When I was a kid living in the DDR, we would line up for poorly made essentials because we had no choice. I like having a choice!
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Jennifer 90 350sdl |
#10
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Nobody can come out and explain what this means because if they did it would cause a panic – it may anyway.
What it means is that your credit cards will be cancelled soon. If you work for a business that uses a line of credit they may not make payroll next Friday. Car dealers are folding because they can not floor plan their inventory. Foreign investors may sell the bonds they hold and drive up interest rates. Farmers are unable to finance the seed and fertilizer they need for the winter wheat crop. If foreigners don’t support the bond market two months from now the government will be forced to cut payrolls and suspend Medicare and social security payments. They’ll print the money to avoid that and people will convert it into anything of real value driving prices up very fast. Once this gets rolling it will be very hard to stop. Obviously they can’t say stuff like this
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89 300E 79 240D 72 Westy 63 Bug sunroof 85 Jeep CJ7 86 Chevy 6.2l diesel PU "The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." Marcus Aurelius |
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I guess I should know this, but what is the DDR?
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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century OBK #55 1998 Lincoln Continental - Sold Max 1984 300TD 285,000 miles - Sold The Dee8gonator 1987 560SEC 196,000 miles - Sold Orgasmatron - 2006 CLS500 90,000 miles 2002 C320 Wagon 122,000 miles 2016 AMG GTS 12,000 miles |
#12
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That's probably true. Too bad nobody believes a word our "leaders" say.
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#13
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Quote:
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#14
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Deutsche Demokratische Republik (East Germany).
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2004 VW Jetta TDI (manual) Past MB's: '96 E300D, '83 240D, '82 300D, '87 300D, '87 420SEL |
#15
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Quote:
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Bookmarks |
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