Re: Bush's $700,000,000,000 Bailout!!!

DeLorean stocks are up - didnt you hear? :)

Re: Bush's $700,000,000,000 Bailout!!!

indeed I take that back...Dow was up 130 before the vote..after it went to -50 and finished over -150 on the day.

can't predict the markets ;)

So we have 850B going in this bill...add the recent injection puts it over 1T...this should hit oh 3-4T possibly when it's all said and done?

Got to love it...

Re: Bush's $700,000,000,000 Bailout!!!

i work in the finance industry, and i haven't fucked up anything (yet!). if they're giving the morons 850 Billion, how much can i be expecting!?

Re: Bush's $700,000,000,000 Bailout!!!

What would happen if, instead of bailing out the banks they bailed out the borrowers and gave the banks 700bn (or whatever) in return for the banks writing off 10% (say) of everyone's mortgage debt? this could be a way to kick start the economy in many different ways and would, without question create the "feelgood factor" that is currently missing.....i am no expert on big-time-charly money things which is why i ask the question - what would happen ? sure it would make a hole in the "assets" of the bank but they are unsustainable assets and in my experience if someone owes you 100 and they eventually say look i got 90 or nothing i'm gonna take 90..

and let's not forget who this bailout cash is comin from in the first place - the taxpayer - who then has to pay again

Re: Bush's $700,000,000,000 Bailout!!!

[quote=day_for_night;658060]i work in the finance industry, and i haven't fucked up anything (yet!). if they're giving the morons 850 Billion, how much can i be expecting!?[/quote] who do you work for? maybe your bosses' bosses' bosses fucked it up.

[quote=bobjuice;658081]What would happen if, instead of bailing out the banks they bailed out the borrowers and gave the banks 700bn (or whatever) in return for the banks writing off 10% (say) of everyone's mortgage debt?[/quote] I'm pretty sure a rift in the dimensions of time would open up, causing the universe would come to an end.

Re: Bush's $700,000,000,000 Bailout!!!

[quote=Miroslav;658093]I'm pretty sure a rift in the dimensions of time would open up, causing the universe would come to an end.[/quote]

shit slav that sounds a bit rough - would i be better off at the end of the month though?

Re: Bush's $700,000,000,000 Bailout!!!

[quote=Miroslav;658093]who do you work for? maybe your bosses' bosses' bosses fucked it up.[/quote]

i work for an oil & gas co doing corp finance...so no bad mortgages on our books!

Re: Bush's $700,000,000,000 Bailout!!!

[FONT=times new roman][SIZE=3]entrenched in all this debt...[/SIZE][/FONT]i think we are in process of witnessing a new alignment and integration between Washington and New York with global ramifications for world markets.

Re: Bush's $700,000,000,000 Bailout!!!

so is it $700 or $850 billion... I find it funny over the last 2 weeks everyday you would see "bailout", "bailout", now that they passed it is like the bailout has disappeared.

Wow I am so happy they passed this $850 billion bailout. Now we can finally move on and forget about this bad spell. Out of sight truly is out of mind. Now I can go back to my tv and watch football in peace.

LaRouche having a few words about the bailout. Amero here we come!!

[youtube]http://www.youtube.com/watch?v=Jd5uaScAUSQ&eurl=http://www.infowars.com/?p=5071[/youtube]

Re: Bush's $700,000,000,000 Bailout!!!

one week after the bail first failed - then later passed!

good to see everything back on track !

Worldwide wreckage U.S. indexes keep falling as European shares end with worst one-day drop ever; Dow sinks below 10,000 level; S&P, Nasdaq slide 7%-8%

marketwatch!

Re: Bush's $700,000,000,000 Bailout!!!

if the world wanted to truly do something, they would all implement media curbs ASAP, making it illegal for newscasters and commentators to say a word about this. the only ppl hwo shold be on TV are buffet, soros, chohen, branson, dick grasso etc.

Re: Bush's $700,000,000,000 Bailout!!!

^^ surely that should have been 10 days ago!!

hahaha

Re: Bush's $700,000,000,000 Bailout!!!

i swear to fucking god if i have to listen to any of CNN's commentators break this down again imma blow my head off.

GET A FUCKING FINANCE DEGREE

my portfolio is literally down about 57k in a week and a half. motherfucker.

Re: Bush's $700,000,000,000 Bailout!!!

ah jesus sean sorry to hear that man.. I think that is the overall consensus right now with anybody in stocks.. the problem with Soros and buffet is that they will ie to us so they can make more money.. there is nobody to trust. It is true news anchors should be reporting the news and keeping there pea brain comments out.

Re: Bush's $700,000,000,000 Bailout!!!

this should make some of you feel better:

[URL]http://www.businessandmedia.org/articles/2008/20081006150152.aspx[/URL]

heh. what a fuckface.

Re: Bush's $700,000,000,000 Bailout!!!

^ lol, that made me smile

fucking bastard

Re: Bush's $700,000,000,000 Bailout!!!

[quote=88Mariner;659222]this should make some of you feel better:

[URL]http://www.businessandmedia.org/articles/2008/20081006150152.aspx[/URL]

heh. what a fuckface.[/quote]

surprised hes still alive

Re: Bush's $700,000,000,000 Bailout!!!

Isn't it interesting that everyone had a big issue with "$700billion" but add $140billion to it and it's not so bad...lol

Re: Bush's $700,000,000,000 Bailout!!!

[quote=floridaorange;659878]Isn't it interesting that everyone had a big issue with "$700billion" but add $140billion to it and it's not so bad...lol[/quote] This is a very astute point. :lol:

Re: Bush's $700,000,000,000 Bailout!!!

[IMG]http://img521.imageshack.us/img521/4880/vlcsnap2292667qd2.jpg[/IMG]

Re: Bush's $700,000,000,000 Bailout!!!

Thanks Sean for fucking up the economy. I hope the spa was worth it.

Re: Bush's $700,000,000,000 Bailout!!!

[QUOTE=ddr;657401]also, i think you can watch that Charlie Rose interview (as well as all of his interviews) on his website for free:

[url]http://www.charlierose.com/home/[/url]

very very informative interviews, Charlie Rose is quite possibly the best interviewer i have ever seen.[/QUOTE]

Just got around to watching this.

[url]http://www.charlierose.com/shows/2008/10/1/1/an-exclusive-conversation-with-warren-buffett[/url]

Solid.

Re: Bush's $700,000,000,000 Bailout!!!

[URL]http://money.cnn.com/2008/10/09/news/economy/whybuybanks_barr.fortune/index.htm?postversion=2008100910[/URL]

read that, well executed opinion peice. pro socialization of banking. facts presented well

Re: Bush's $700,000,000,000 Bailout!!!

I went to the ATM this morning and it said "insufficient funds". I'm wondering is it them or me.

Re: Bush's $700,000,000,000 Bailout!!!

you. ever hear of the FDIC?

Re: Bush's $700,000,000,000 Bailout!!!

[QUOTE=shosh;660765]I went to the ATM this morning and it said "insufficient funds". I'm wondering is it them or me.[/QUOTE]

:lol:

Re: Bush's $700,000,000,000 Bailout!!!

[quote=thesightless;660767]you. ever hear of the FDIC?[/quote]

[IMG]http://threadbombing.com/data/media/2/weird_stare.gif[/IMG]

i wasnt serious

Re: Bush's $700,000,000,000 Bailout!!!

I brought this up so everyone can realize how much we talked about this and for how long and compare it to the Obama thread.