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  #1  
Old 09-17-2008, 10:04 AM
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Sick of the bail outs, let them go broke!!!!

First fanny-mae (sp) now they are bailing out AIG. None of these help me at all. About sick of businesses getting bailed out. When your broke your broke and this is sending the wrong message to businesses. This is costing the tax payers MILLIONS and the money could be better spent on our school system. The fact of the matter is that these businesses need to go belly up and no one should watch their back. Tired of government hand outs to big business. What a bunch of pussy's to ask for help. I will make sure that I don't have anything to do with either of these two worthless businesses.
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  #2  
Old 09-17-2008, 10:25 AM
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aig are a bunch of idiots for spending so much money on sponsorship of manchester united...yeah manchester united is the biggest football club in the world, but the money they spent i don't believe would generate any sort of profit...let morons learn on their own
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  #3  
Old 09-17-2008, 01:40 PM
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It's all playing out like it is supposed to and there is nothing we can do to stop it. 1 World Bank, 1 World Government, New World Order. We are evolving into a new age of despair, get used to it slaves.
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  #4  
Old 09-17-2008, 01:51 PM
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think I might move to an island somewhere....
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  #5  
Old 09-17-2008, 02:21 PM
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Quote:
Originally Posted by Bobtheicon
It's all playing out like it is supposed to and there is nothing we can do to stop it. 1 World Bank, 1 World Government, New World Order. We are evolving into a new age of despair, get used to it slaves.
Your so right its scary.
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  #6  
Old 09-17-2008, 03:59 PM
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Big business puts their cronies in office to deregulate their business, then they make billions, then they go broke and have their cronies in office bail out their businesses and keep the public from going nuts at their criminal failures. Then they roll out their cronies in office who say they will put regulations in place to make sure they can later be deregulated again. the plan is working to 100% success, what's the problem guys?
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  #7  
Old 09-17-2008, 04:05 PM
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I don't recall that people were FORCED to take out mortgages that they had no hope of being able to pay. Or being FORCED to max out their credit cards.

If you can't afford it....DON'T BUY IT !!!!!!
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Old 09-17-2008, 04:36 PM
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obviously its ridiculous and both sides of the aisle to blame

It all began in the latter Clinton years with govt regulations that forced lenders to approve first time home buyers, minorities and the like or face penalties. Multiculturalism.

Creative lending was born.

it then continued in the Bush years with no regulation. Im sure both sides of the aisle profited greatly

However whether you like it or not, and this is nothing new, we live in a hybrid communist/corporate fascist state

The nation is way to complex for govt not to step in the way of business

Im a republican but not a looney bird libertarian

libertarians are just as bad as those who believe socialism can work in our heterogeneous open technological society

One believes the free market can solve all the problems and the ohter believes govt can. both are wrong

The govt is now doing exactly what it has to to fix this mess.

Dont ever forget financial instability is a lot easier to control then social instability.

These bailouts are no different then what this country experienced in the aftermath of the great depression.

get mad at why why we got here not at the bailouts

and take a long look in the mirror as simply put we are living a standard of consumption that doesnt meet our production despite having the largest GDP in the world.

Gotta pay the fiddler eventually

Any common sense republican or democrat, as this shouldn't matter, knows its the right move
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Last edited by Romanowski; 09-17-2008 at 04:40 PM.
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  #9  
Old 09-17-2008, 05:15 PM
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Good post, Rome.
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  #10  
Old 09-17-2008, 05:32 PM
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Quote:
Originally Posted by iggs111
think I might move to an island somewhere....

We should all chip in and buy a Cappersmall Island
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  #11  
Old 09-17-2008, 05:52 PM
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Rome...u mention Libertarians............


Was I crazy today when I heard an interview with Wayne Allen Root running as VP and Bob Barr running as Pres. for them on the ticket


This cant be the same Root can it


http://www.rootforamerica.com/
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Last edited by Big Pimpin; 09-17-2008 at 05:55 PM.
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  #12  
Old 09-17-2008, 05:54 PM
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Quote:
Originally Posted by Keith
I don't recall that people were FORCED to take out mortgages that they had no hope of being able to pay. Or being FORCED to max out their credit cards.

If you can't afford it....DON'T BUY IT !!!!!!


Well when the gov't and/or lenders just give u shiat what do u expect.....people are freaking idiots then wanna blame the person that gave them the loan when they knew damn well they couldnt afford it
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  #13  
Old 09-17-2008, 05:55 PM
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Quote:
Originally Posted by Big Pimpin
Rome...u mention Libertarians............


Was I crazy today when I heard an interview with Wayne Allen Root running as VP and Bob Barr running as Pres. for them on the ticket


This cant be the same Root can it
its is the same guy
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  #14  
Old 09-17-2008, 06:15 PM
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Investment banks are yesterday, there will be Banks only left and mostly foreign. Citicorp is cooked.

Liquidity is really frozen. Sounds like MS is going to try and do a deal tonight, even Goldman probably will have to merge. Close to the bottom but money will remain tight until all the derivatives are unwound and that will take another year or more.

brutal brutal brutal....

Last edited by Bozzie; 09-17-2008 at 06:17 PM.
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  #15  
Old 09-17-2008, 06:17 PM
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Quote:
Originally Posted by Romanowski
its is the same guy

figured it was.....was actually a good interview but how can u take a scamdicapper serious
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