Not signed in (Sign In)

Welcome, Guest

Want to take part in these discussions? Sign in if you have an account, or apply for one below


Vanilla 1.1.4 is a product of Lussumo. More Information: Documentation, Community Support.

Welcome Guest! Want to take part in these discussions? If you have an account, sign in now.
If you don't have an account, apply for one now.
    •  
      CommentAuthorasdf
    • CommentTimeOct 2nd 2008 edited
     permalink
    http://www.huffingtonpost.com/2008/09/30/mccain-urges-bush-to-spen_n_130729.html  
     
    wtf. Why not just wait till your elected before you blow up our constitution? Ignore the checks and balances and do the $1 trillion dollar bailout.
  1. Other Topics You Might Like
    Congressional Earmarks per State... total and per capita
    I'm voting McCain
    Poor McCain
    McCain pulls out of Technology debate by Telegram
    McCain or Obama?
    •  
      CommentAuthorSuzukiman
    • CommentTimeOct 2nd 2008 edited
     permalink
    its either that or a recession that will rival Germany's after ww2 and the US' during the 30's, I think, put together. If they do nothing banks close, if banks close due to bad credit than companies can't buy things, if companies cant buy things they will not produce anything, if they cannot produce anything they go under, if that happens only the top commissioners at fries will be able to sell apples on the street corner, can anyone say chips of wrath? Some say maybe 50%+ unemployment rate. remember when deregulation happened so banks didn't have to keep track of the loans they were giving out compared to the money they had they loaned out more money than they had to people with credit scores below normal. This runaway credit train now has 300 yards before it hits the oncoming train. The government is trying to speed up one train to make the track switch while the other train goes full brake if the buyout doesn't happen there will be 2 derailed trains rather than 1.5 so which is better?Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorAyaHu
    • CommentTimeOct 2nd 2008
     permalink
    Im having trouble coping with 700billion, but Mccains an idiot.  
    Suzukiman, you're a fag, THE BANKS DESERVE TO BE IN THE HOLE.  
    We dont deserve to suffer this kind of debt for it. Furthermore, we could start gold mining again and make enough to pay for it,instead of borrowing pork.Superhero!
    •  
      CommentAuthorAyaHu
    • CommentTimeOct 2nd 2008
     permalink
    BTW, Our 'recession' is FAKE, yes, FAKE our stock market dropped the SAME WAY 20 years ago. They got over it then without 700billion in debt, we can get over it now. Gas prices have been equivalently higher than we've ever faced. But think about it, most countries have always been about 6$ a gallon. Why go into 700 billion dollar debt for this BULLSHIT that happens EVERY TWENTY YEARS.Superhero!
    •  
      CommentAuthorSuzukiman
    • CommentTimeOct 2nd 2008
     permalink
    well as i said if the banks close it hurts us ......... think of it if you cant get a loan how do companies survive? i agree the banks should pay but where is your money stored if the bank closes there goes your money and if the government takes a ton of money out to pay off the federal insurance the inflation will be crazy we will be using 100$ bills to buy bread but nobody will have 100$ to spend.Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorSuzukiman
    • CommentTimeOct 2nd 2008
     permalink
    this is not a stock market issue its a loan market issue. two separate markets.Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorAyaHu
    • CommentTimeOct 2nd 2008
     permalink
    My money is insured, hun, by the FDIC, so until the FDIC has to get involved, they shouldnt. I already have a car and a house. I dont need any loans. The banks shouldnt have lent more than their customers could handle, they were just being greedy assholes. They deserve the karma.Superhero!
    •  
      CommentAuthorSuzukiman
    • CommentTimeOct 2nd 2008
     permalink
    remember the world runs on debt and credit if that market goes we will be in a very very bad situation in-fact the us will probably see a negative growth in population if people can even move out of the country. I expect that if the banks fall the dollar will be worth about the same as a korean won. now if the bailout does happen than the dollar will only drop to the Deutsche mark.Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorSuzukiman
    • CommentTimeOct 2nd 2008
     permalink
    yes than i would start putting your money under your pillow because the fdic can only dole out so much before the US starts printing bills and that means inflation extreme inflation which means your house will be worth several times what it is now but nobody will have the money to buy it. remember money is only worth the paper it was printed on.Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorSuzukiman
    • CommentTimeOct 2nd 2008
     permalink
    and if food than becomes expensive due to inflation and gas and the fact that whatever company your work at will stop giving out paychecks ..... they cant get the money from the bank or the loan to pay you ..... then what?Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorSuzukiman
    • CommentTimeOct 2nd 2008
     permalink
    most companies payroll is given out as a loan from a company like paychecks if that closes up you don't get a paycheck ........ and remember karma started with greedy people going to banks to get things they couldn't pay for not the banks fault that the people aren't paying for the stuff they can't afford. so it is people to be blamed for this and yes it will happen again in about 5 years possibly worse because nobody pays attention to history.Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorSasquatch
    • CommentTimeOct 2nd 2008
     permalink
    AyaHu: Im having trouble coping with 700billion, but Mccains an idiot.  
    Suzukiman, you're a fag, THE BANKS DESERVE TO BE IN THE HOLE.  
    We dont deserve to suffer this kind of debt for it. Furthermore, we could start gold mining again and make enough to pay for it,instead of borrowing pork.
     
     
    There's gold in them hills. *Does an olde time miner's jig*
    •  
      CommentAuthorSasquatch
    • CommentTimeOct 2nd 2008
     permalink
    Suzukiman: this is not a stock market issue its a loan market issue. two separate markets.
     
     
    You're cool Suzuki, but saying something like that is just retarded.
    •  
      CommentAuthorAyaHu
    • CommentTimeOct 2nd 2008
     permalink
    But all the other countries are suffering worse than us.. Didnt Australia claim a state of depression?  
     
    Suzukiman: most companies payroll is given out as a loan from a company like paychecks if that closes up you don't get a paycheck ........ and remember karma started with greedy people going to banks to get things they couldn't pay for not the banks fault that the people aren't paying for the stuff they can't afford. so it is people to be blamed for this and yes it will happen again in about 5 years possibly worse because nobody pays attention to history.
     
     
    My companies payroll comes from a very wealthy investor who was one of the first to to invest in microsoft so he happens to have a lot, and happens to invest a portion in the company Im working for, which I know will do well.  
    Most money comes from investors, not banks, not loans. Big companies get their checks straight from revenue.Superhero!
    •  
      CommentAuthorSuzukiman
    • CommentTimeOct 2nd 2008
     permalink
    nice than your company is doing well and probably won't be too affected ... and sass how are they not two separate markets? they do work together yes. If one sees a dip the other will but fixing the stock market is not the real issue it's a symptom of the issue. Fixing the clogged up loans that cant be paid is the issue that needs to be addressed. Letting the banks handle it themselves was obviously not a good idea.Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorSasquatch
    • CommentTimeOct 2nd 2008
     permalink
    They are indeed two separate markets, but they're extremely interconnected. Just look at tech companies. On the surface they have nothing to do with the mortgage industry, but most of their stock prices are being hit hard. Just take a look at Apple. In the past several months their stock has dropped about 40%. It sounded like you were implying they had nothing to do with each other, which is not the case. Unfortunately. And while the stock market is a symptom, it's also its own disease, creating more "symptoms."
    •  
      CommentAuthorSuzukiman
    • CommentTimeOct 2nd 2008
     permalink
    Oh they are very interconnected and thats why if somebody doesn't fix the debt issue fast we will be in some severe straights. As I mentioned before chips of wrath the IT story the long awaited sequel to the timeless classic grapes of wrath.Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorasdf
    • CommentTimeOct 3rd 2008
     permalink
    Why not just reverse the higher interest rates that Americans cant afford right now? Isn't it what got us in this mess?
    •  
      CommentAuthorAyaHu
    • CommentTimeOct 3rd 2008
     permalink
    asdf: Why not just reverse the higher interest rates that Americans cant afford right now? Isn't it what got us in this mess?
     
     
    Yes.Superhero!
    •  
      CommentAuthorasdf
    • CommentTimeOct 3rd 2008 edited
     permalink
    Little Bill O'Reilly tells you like it is!  
    http://www.break.com/index/little-bill-oreilly-tells-it-like-it-is.html  
     
    McCain tells you the "100 percent absolute truth"  
    http://www.politico.com/news/stories/1008/14208.html
    •  
      CommentAuthorSasquatch
    • CommentTimeOct 3rd 2008
     permalink
    asdf: Why not just reverse the higher interest rates that Americans cant afford right now? Isn't it what got us in this mess?
     
     
    They're doing that, but it's on a voluntary basis.
    •  
      CommentAuthorjenseri
    • CommentTimeOct 27th 2008 edited
     permalink
    These BLOOD SUCKERS!!! deserve to fall like most middle class have already been. They keep lending money to the people that they can't afford, obviously they are being GREEDY. When Bush approved the bail out, what happend? Did it help? Absolutely not, the market is still down and still diving down. The government just making it worst by helping, let the economist do their job and eventually they will make up a plan that will really works.  
     
    One thing that psst me off, Bush should had used his own money instead of ours to bail these banks out. Bush is being a socialist... I pity him for some reason because I know for that fact that his conscience is devouring him until his death.