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NYT: U.S. May Take Ownership Stake in Banks
New York Times ^
| October 9, 2008
| By EDMUND L. ANDREWS and MARK LANDLER
Posted on 10/09/2008 4:25:01 AM PDT by RaceBannon
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To: dools007
New World Order ordered up.
What is next on the menu?
41
posted on
10/09/2008 6:37:23 AM PDT
by
dforest
(Is there any good idea out there that Obama doesn't lay claim to anymore?)
To: LikeLight
"AIG getting thrashed for rewarding its top performing sales people"
That's a valid argument only if the company in question isn't nose-diving into the ground from 50,000 feet and then demanding a bailout.
42
posted on
10/09/2008 6:40:11 AM PDT
by
Psycho_Bunny
(By Obama's own reckoning, isn't Lyndon LaRouche more qualified? He's run since the 70's)
To: indylindy
"What is next on the menu?"
NASCAR
43
posted on
10/09/2008 6:42:22 AM PDT
by
verity
("Lord, what fools we mortals be!")
To: verity
What, gubmint ownershop of Nascar. LOL
next item?
44
posted on
10/09/2008 6:44:48 AM PDT
by
dforest
(Is there any good idea out there that Obama doesn't lay claim to anymore?)
To: RaceBannon
Socialism...it is here. I was listening to a Dem Congresswomen on FIOX last night saying "We own AIG and they must now act like government employees" in response to a question regarding their luxury spending spree. THIS IS TERRIBLE.
45
posted on
10/09/2008 6:44:48 AM PDT
by
1Old Pro
To: silverleaf
Im sure a significant portion of the nonperforming mortgages are to middle income folks who unwisely chose teaser ARMS and now cannot refinance and are getting no cooperation from the lendersSO YOU AND ME AND THE REST OF THE RESPONSIBLE HOME OWNERS, are no forced to pay for personal mistakes and greedy mortgage lenders.
46
posted on
10/09/2008 6:46:14 AM PDT
by
1Old Pro
To: Wolfie
Right on but at least it has a semblance of value unlike some of the WS paper.
To: WesA
give em an inch...pretty soon you will be paying more than half your income in taxes, it will be illegal to have a cigarette before you are 18, or a drink before you are 21, or to not wear your seatblet..O WAIT! Course considering how greedy the government is getting for more and more tax money from us, they'll probably start encouraging more and more people to smoke ("uh, we were wrong about cigarettes causing cancer"). And then increase the cigarette tax.
Shoot, they may even let TV show cigarette commercials again.
Y'all know I'm making fun, but nothing the government will do anymore surprises me.
48
posted on
10/09/2008 7:15:35 AM PDT
by
3catsanadog
(Drill here, drill now!!!!!)
To: All
From news reports-—
“Stocks rose more than 1 percent on Thursday as a stronger-than-expected profit from technology bellwether IBM (NYSE:IBM - News) suggested that the credit crunch is not stifling all business spending.”
Why would IBM profit suggest that?
49
posted on
10/09/2008 7:18:44 AM PDT
by
John W
(Lord Barry heal the bitter ones)
To: Notary Sojac
I’d rather see that than the government buying their bad, unvaluable, mortgages.
However, I’d rather they buy stocks and bonds, which they later sell, than buy bad mortgages, which is what they were expecting to do with the $700 billion.
50
posted on
10/09/2008 7:19:34 AM PDT
by
ConservativeMind
(The LA Times, 10/6/08, was told to cut "75 editorial positions." How many are needed for 2 pages?)
To: indylindy
What is next on the menu? President Barack Obama. And the pork roast will be finally cooked.
And I'm hearing "Goodnight America, how are ya?" (the song with "New Orleans" in the title - can't remember the name).
51
posted on
10/09/2008 7:20:18 AM PDT
by
3catsanadog
(Drill here, drill now!!!!!)
To: oblomov
The root of the problem is the desire of the majority of the polity to live beyond its means. So the government runs deficits, and the consumer has debt. Bump
52
posted on
10/09/2008 7:22:29 AM PDT
by
ecomcon
To: RaceBannon
This is getting absolutely ridiculous. Throw these bums out. I want my country back.
53
posted on
10/09/2008 7:22:45 AM PDT
by
mysterio
To: John W
From news reports-
Stocks rose more than 1 percent on Thursday as a stronger-than-expected profit from technology bellwether IBM (NYSE:IBM - News) suggested that the credit crunch is not stifling all business spending.
Why would IBM profit suggest that?
Well, that didn’t last long, in the red as of right now.
54
posted on
10/09/2008 7:32:03 AM PDT
by
John W
(Lord Barry heal the bitter ones)
To: oblomov
You nailed the problem. For the last five years or so, I have noticed, that in my poor, rural area here in southeast Louisiana where there is no industry and very few really good jobs, people were starting to build these HUGE luxury homes. My parents are both lawyers, and we couldn't figure out how they were affording these places.
Now we see, they were probably given mortgages they couldn't afford. A could number of these places were recently built and have been empty for a year now. When did people start expecting to live in 5,000 sq ft+ houses? Living beyond ones means has become standard practice.
As for the government nationalizing the banks, the stage is being set for Obama’s reign. Within two years, he will revert back to islam and sharia law will start to be the rule of the land. It is easier to do when the government owns everything.
55
posted on
10/09/2008 7:37:11 AM PDT
by
auntyfemenist
(How many times do the words Islam and terror have to be used together in the same sentence?)
To: RaceBannon
Who runs all the banks..the illumanti..bilderbergh...they want this new world order..
56
posted on
10/09/2008 7:53:41 AM PDT
by
angelcindy
("If you follow the crowd,you get no further than the crowd")
To: RaceBannon
New World Order: Global co-operation, nationalisation and state intervention - all in one day
57
posted on
10/09/2008 8:06:51 AM PDT
by
angelcindy
("If you follow the crowd,you get no further than the crowd")
To: RaceBannon
![](http://people.delphiforums.com/nellie501/uncle%20sam.jpg)
What's in YOUR Wallet???
58
posted on
10/09/2008 8:23:42 AM PDT
by
silverleaf
(Fasten your seat belts- it's going to be a BUMPY ride.)
To: DemonDeac
It’s the end of civilization, the US is no longer a beacon on the hill, it is a candle in the wind....
59
posted on
10/09/2008 8:51:20 AM PDT
by
RaceBannon
(Innocent until proven guilty; The Pendleton 8: We are not going down without a fight)
To: VlPu
Yep, you nailed it. The American public gets the rotting, maggot infested buffalo of an economy while the chiefs rode off into the sunset with the buffalo hide leaving the starving tribe beind.
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