"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
I wonder why such large companies NEED credit to operate. Don’t they have enough cash on hand to simply buy what they need?
Is it just me or do I hear the sound of many happy moos?
I agree. The financially sound companies will still be able to get credit. Others not so financially sound may still be able to credit, but maybe less of a credit line than they want, and also at a higher interest rate, which, because of their risk is the way it should be.
“Bailout or no bailout, the stock markets were heading lower as financial markets continue to undergo massive asset revaluations. No matter what elaborate new rescue packages Congress, the Bush administration and the U.S. Federal Reserve bring to the party, the market is going to continue marking stock prices and other assets down until values reach realistic levels.”
I CALL BS ON THIS.
Markets respond to the realities of what is going on. The market reacted instantly to the vote - it lost 500 points in MINUTES.
That tells you that the market perceives a MUCH ROCKIER RETURN ON INVESTMENT WITHOUT THE BAILOUT. They view the economy as being weaker without the rescue package.
The reality is simple: The rescue bill is good for the financial markets.
To claim that markets would have fallen anyway is non-credible and it impeaches the other statements of the sources.
I am getting suspicious.
Paulson is said to be worth 500 million....how is one worth 500 mill and not see this coming?
The Nikkei 225 is down about 3% right not. Not exactly catastrophic (though it’s up from about 5% down—also not catastrophic).
Way to go Michelle!
McDonalds is the third largest land owner in the world, only behind the Vatican and the English Monarchy. And they are close to the the Monarchy (nobody is close to the Vatican, not by a long shot). Of course they can get credit. And if they couldn’t, THEY DON’T NEED IT.
McDonalds has a better credit rating than the US Government.
Our banker assured us that we would have no problems...they have plenty of money to lend to good borrowers.
Did you notice how the talking points have shifted to "no more student loans(!); car loans(!) in the last 24 hours?
But....but....but if the economy tanks, no one will be able to afford the luxury of the expanded McStarbuck’s new drink offerings...
McD can also stop donating money to support homosexual activist groups.
Bottom line: credit-worthy borrowers will still be able to get credit. The way it should be. This entire crisis is due to the imbeciles in Congress pressuring/forcing lenders to lend to people who are lousy risks. These morons can’t even run their own restaurant but they want to micro-manage a multi-trillion dollar economy. God help us all.
Bottom line: credit-worthy borrowers will still be able to get credit. The way it should be. This entire crisis is due to the imbeciles in Congress pressuring/forcing lenders to lend to people who are lousy risks. These morons can’t even run their own restaurant but they want to micro-manage a multi-trillion dollar economy. God help us all.
i don’t care if mcdonalds gets credit or not...ever since they went green, their food sux........
Less money for promoting the homosexual agenda.
¿¿¿Yo que´iro??? ¿¿¿Taco Bell??