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THE SAVAGE NATION!!!!!! 9-23-08
michaelsavage.wnd.com ^ | 9-23-08 | Dr. Michael Savage

Posted on 09/23/2008 2:47:43 PM PDT by dynachrome

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(Excerpt) Read more at michaelsavage.wnd.com ...


TOPICS: Crime/Corruption; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: bailout; bernanke; canada; cox; englishlanguage; fencedborders; infidelnation; migraine; nudity; patrioticculture; paulson; phd; psychological; savage; talkradio; teddy; trillion; tsn
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To: SpaceBar

“Boiler Room”

more like a “bust out” operation.


41 posted on 09/23/2008 4:18:53 PM PDT by dynachrome (Henry Bowman is right)
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To: michael savage; All

Warren Buffet to put 5 Billion into Goldman Sachs

http://www.freerepublic.com/focus/f-news/2088873/posts

Hmmmmm.....


42 posted on 09/23/2008 4:20:34 PM PDT by dynachrome (Henry Bowman is right)
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To: rockabyebaby; All

I’m off to dinner. Beef stew over biscuits. And beer.

I’ll do my bit to bail out the beer industry!


43 posted on 09/23/2008 4:36:57 PM PDT by dynachrome (Henry Bowman is right)
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To: rockabyebaby; All

I’m off to dinner. Beef stew over biscuits. And beer.

I’ll do my bit to bail out the beer industry!


44 posted on 09/23/2008 4:37:11 PM PDT by dynachrome (Henry Bowman is right)
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To: dynachrome

Whoops, double post and I ain’t had any beer yet!


45 posted on 09/23/2008 4:37:46 PM PDT by dynachrome (Henry Bowman is right)
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To: SpaceBar
RE: Subsidizing incompetence is a bad recipe.

No argument there.

She may have advocated a government "bail out." My contention is that she was giving valuable background information on the whole problem -- information on Lehman Brothers for example that if the public knows will lead to investigations of wrong doings. Make that must lead to investigations.

She was knowledgeable and articulate; gee, I hope she wasn't black, that'd be a "racist" remark. :) Maybe if she had called Lehman Brothers a boiler room operation everything would have been fine. Though what Lehman Brothers was accused of doing is far beyond a boiler room.

46 posted on 09/23/2008 4:44:57 PM PDT by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
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To: All
IMO what Dr. Savage should be talking about rather than "commie Bush" is..

Up to now firms could eat their bad paper to make sure of their money funds. Mostly small firms and small amounts were involved.

"Crane Data, which tracks the money-fund business, counts 20 such bailouts in the last 12 months, with troubles at Lehman, Fannie Mae and Freddie Mac being the root cause for the most recent deals."

"[Reserve Primary Fund, a great choice for large brokerage firms to park emergency cash or any other money you might need soon] was forced to price all of its Lehman paper as worthless; as a result, the net asset value of the fund’s shares fell to 97 cents." It broke the "buck."

"Bad paper" at Lehman, Fannie Mae and Freddie Mac is felt throughout the world -- please pay us $700 billion, thanks. . . .

The woman caller at the beginning of the show was right about the shenanigans and the investigations -- according to just broadcast news item.

47 posted on 09/23/2008 5:28:21 PM PDT by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
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To: KeyLargo

o m g


48 posted on 09/23/2008 6:32:19 PM PDT by TomasUSMC ( FIGHT LIKE WW2, FINISH LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM)
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To: WilliamofCarmichael

Good info

KILL THE BULLSHEET BAILOUT


49 posted on 09/23/2008 9:27:50 PM PDT by TomasUSMC ( FIGHT LIKE WW2, FINISH LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM)
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To: TomasUSMC; All

I like today’s michelle malkin column:

“Screw them

Kill the bailout!”


50 posted on 09/24/2008 8:53:34 AM PDT by dynachrome (Henry Bowman is right)
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