Posted on 09/30/2008 1:10:39 PM PDT by griffin
Just posting a headline as we will see it little place else from the MSM.
yes, i imagine that is one possible spin....dirty buggers.
“Buy high, sell low:
Measure once, cut twice...”
Invest in risky things...get good returns, for a while, cry foul when you get bit...have no patience for the 401K cry babies. My 401K sucks as well. So? Don’t sell the fund stock.
I’ve got a secret....pssst....over here....
.....don’t sell the shares...they’ll come back. UNLESS you give away the farm to the socialists.
Well, that’s what they told me on CNN!
“Well, that’s what they told me on CNN!”
:) I’m absolutely SURE they did. The markets hate uncertainty. When the bill was defeated, that took away one source of market uncertainty....now, Bush and congress are at it again trying to revive another socialist bailout bill....adding to uncertainty again.
Wish they’d just stay the hell out of the markets with all this socialistic crap. OK. 700 Billion. What is so magic about that figure? I mean we already had the FRE FNM bailouts. The AIG bailouts. Now this arbitrary 700Billion figure. Will that be enough? Won’t other institutions want in? How many MORE bailouts will be “needed”?
Why doesn’t the government solicit for a private institution to ‘invest’ and buy all these defaulted properties, wait for them to appreciate, then sell them for a profit? Why does Bush need to do it?? We have the extra 700 bigones sitting in our treasury pocket?
NO.
We’ll need to print more money or get loans from foreign governments to buy all the trashed houses Clinton and Raines allowed and insured Freddie Mac for.
He says the dollar is surging because Wall Street is expecting this bill to pass on Thursday.
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