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Author Topic: $700 billion bailout out has bailed. I mean....failed.  (Read 2404 times)

Offline GmanJoe

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$700 billion bailout out has bailed. I mean....failed.
« on: September 29, 2008, 11:23:48 AM »
Aww shucks. I was about to borrow $100K equity loan on my home (which is fully paid).

Wonder if the banks will have enough guts to give me credit.

OH...WATCH THE VIDEO I POSTED: Money is Debt
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Originally posted by Seed_Of_Evil I must admit that the last pic of her ass will be used in my next masturbation. She\'s hot as hell, one of my

Offline Titan

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$700 billion bailout out has bailed. I mean....failed.
« Reply #1 on: September 29, 2008, 11:38:23 AM »
What video?
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Offline GmanJoe

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\"Gee,  I dunno.  If I was a chick, I\'d probably want a kiss (or more) from Durst, too.\"--SineSwiper 9/23/03 (from another forum)
Originally posted by Seed_Of_Evil I must admit that the last pic of her ass will be used in my next masturbation. She\'s hot as hell, one of my

Offline Joker
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$700 billion bailout out has bailed. I mean....failed.
« Reply #3 on: September 29, 2008, 11:47:19 AM »
you liar, there be no video

edit: Oh.
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Offline Coredweller
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$700 billion bailout out has bailed. I mean....failed.
« Reply #4 on: September 29, 2008, 01:29:51 PM »
Hello Mr. Off Topic:  We have a forum called "Current Events and Political Debate," in case you were not aware.
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Offline GigaShadow
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$700 billion bailout out has bailed. I mean....failed.
« Reply #5 on: September 30, 2008, 04:58:17 AM »
Don\'t bail em out.  Let the market correct itself.
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Offline clips

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$700 billion bailout out has bailed. I mean....failed.
« Reply #6 on: September 30, 2008, 05:18:25 AM »
Hmmm...i don\'t know what to think...the market lost over a trillion dollars yesterday. That is definitely going to impact some folks...i think they should\'ve passed the bill..people are saying don\'t bail them out, but what happens when this situation causes the company you work for to lay you off? Then i\'m sure people would have second thoughts. As long as people are not being affected by it, people will say resist it,..but as soon as it affects their life, then people will start crying over it.

And it seems that a certain amount of republicans that was going to support the bill, changed their mind at the last minute because of a speech nancy pelosi stated? At a time in which the economy is on the brink of collapse these people would rather have the economy fail than help the country... pathetic. And i realize that there are people from both sides that do not want this bill, but i think they need to do something...i don\'t think they should wait until companies start laying folks off because there\'s no money being circulating in the economy,..it\'ll be far too late by then.

But some have stated that there is no real crisis and that the markets are fine, and i disagree...there\'s a serious problem with the economy and these big financial firms falling off the map is a cause for concern....i\'ve heard that this bill is not greatest, but it\'s a whole lot better than what was originally presented...and my thing is that i strongly felt that it should have some type of documentation for the folks facing foreclosure due to those sub-prime loans.

Yes, people should have known better, but the banks are responsible here as well, let them take a hit on the interest and allow these folks to finish payin\' off those loans at a rate they can afford..
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Offline GigaShadow
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$700 billion bailout out has bailed. I mean....failed.
« Reply #7 on: September 30, 2008, 05:26:43 AM »
Pelosi should have kept her mouth shut.  It was a stupid speech to give right before a vote.  Some leadership eh?  Barney "the Fag" Frank should keep his mouth shut too since this is mostly his doing.

The market should be allowed to correct itself.  That is what capitalism is.
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Offline GmanJoe

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$700 billion bailout out has bailed. I mean....failed.
« Reply #8 on: September 30, 2008, 05:41:57 AM »
How\'d they come up with 700 billion figure? Was that just thrown in out of kneejerk reaction?

Any economists in agreement with this number?
\"Gee,  I dunno.  If I was a chick, I\'d probably want a kiss (or more) from Durst, too.\"--SineSwiper 9/23/03 (from another forum)
Originally posted by Seed_Of_Evil I must admit that the last pic of her ass will be used in my next masturbation. She\'s hot as hell, one of my

Offline GigaShadow
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$700 billion bailout out has bailed. I mean....failed.
« Reply #9 on: September 30, 2008, 06:39:06 AM »
Quote from: GmanJoe
How\'d they come up with 700 billion figure? Was that just thrown in out of kneejerk reaction?

Any economists in agreement with this number?


It was a random number.  Idiots.
\"The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.\"  - Churchill
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Offline JBean
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$700 billion bailout out has bailed. I mean....failed.
« Reply #10 on: September 30, 2008, 07:48:08 AM »
I agree with Giga... no bailout

Offline GigaShadow
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$700 billion bailout out has bailed. I mean....failed.
« Reply #11 on: September 30, 2008, 08:37:24 AM »
I am taking a beating with my retirement on this, but no way should the government bail them out.
\"The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.\"  - Churchill
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Global Warming ROCKS!!!![/b]

Offline Eiksirf
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$700 billion bailout out has bailed. I mean....failed.
« Reply #12 on: September 30, 2008, 09:24:23 AM »
If we let the market fix itself... what are we looking at? No more loans? Homeless people? Banks crashing? Just curious about what\'s ahead if we do nothing.

I\'m not excited about spending $700 billion of tax payer money to help people who took out loans they couldn\'t afford and the banks that were stupid enough to dish it out, if that\'s what\'s causing this. But what are the ramifications?
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Offline JBean
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$700 billion bailout out has bailed. I mean....failed.
« Reply #13 on: September 30, 2008, 10:06:36 AM »
we are long overdue for a market correction...(especially the housing market).  Only problem is we\'ve bouyed the economy for quite a while now on credit and now that credit has dried up.. the correction is going to be pretty severe.

My 401K is in the tank too... but I\'m young enough that I\'m not too worried.  I figure I\'m buying while everything is on "sale".  The market will pick up within the next 5 years and my return will be quite handsome in another 10 years or so (I hope).

Offline GmanJoe

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$700 billion bailout out has bailed. I mean....failed.
« Reply #14 on: September 30, 2008, 10:09:00 AM »
I reduced my 401k from 10% to 5%.
\"Gee,  I dunno.  If I was a chick, I\'d probably want a kiss (or more) from Durst, too.\"--SineSwiper 9/23/03 (from another forum)
Originally posted by Seed_Of_Evil I must admit that the last pic of her ass will be used in my next masturbation. She\'s hot as hell, one of my

 

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