[dynachrome]

Depress yourself further.

[rabscuttle385]

"I suspect that they will be nationalized at some point today or over the weekend"

No more Socialism!

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[BGHater]

Incredible. Right before our eyes.

[autumnraine]

Yep, I’m depressed alright.

This is outrageous.

[Kay Ludlow]

Can the start of Nationalization in the US of A be placed in Breaking News, please?

[ikka]

Let them fail and go bankrupt. Let them be food for vultures.

[Candor7]

LET MORGAN AND GOLDMAN CRASH!

[unspun]

Depress yourself further is what Japan did with this route — for the last 18 years.

But now, it’s “global.”

Mark of the Beast time, soon?

[nonliberal]

GET THE GUILLOTINE!

[savedbygrace]

Bush needs to ask for Paulson’s resignation, and as soon as he has it in hand, then Bush needs to resign.

They have failed us.

[Free Vulcan]

Yep, this 700 billion was about buying mortgages. That’s why we needed the bailout. Ooops, we’re going to use the money for something else!

We’ve been played.

[Guenevere]

One of my dearest friends works for Morgan...

He's one of the nicest, most hard working, decent human beings on this planet...

..He has a sweet wife who homeschools their three children...

..he is part of our praise & worship team at church...

he is not wealthy

....he is the 'face' of the other side, the side people feel they can make rude comments about.

I really wish you wouldn't.

[Deo volente]

What’s the problem?

It’s just a few more trillion dollars.
I’m sure the government knows what’s best for us.

/sarc

[EGPWS]

“I don't wish to spread alarm...

Yeah, I can tell. /s

[ken21]

the reason the dems dumb down public skools and colleges

is so that the majority of folks will not notice

what barney frank, chris dodd, franklin raines, jamie gorelick, et al did.

an informed public would demand their ouster.

[snowsislander]

Buying non-voting preferred shares is not exactly "nationalization."

It's more akin to lending but the issuer generally has the privilege of not paying the fixed dividends when money is not available, instead of the catastrophe of defaulting on a debt instrument.

Also, these dividends can be made cumulative, so that they can be paid at a later time if the money does become available.

[sanchmo]

Friday evening and so far...
* 2 banks went into FDIC receivership & complete balances handed over to other banks.
* Feds want to take ownership of banks.
* TED spread soared yet agains today, to an unprecendented high of 4.64.
* Dollar improves and Gold plunges.
* Yield curve gets even steeper.

Recommendation: Invest in hard liquor.
Not stocks, just for drinking.

[ReformedBeckite]

Ok I’m what the end result of this would do, but lets look on the bright side maybe the wages of the CEO’s and top managers would come down to street level and not the multi-million dollar wages with perks. Maybe they could set it up where the CEO’s couldn’t make anymore then a congressmen or senator.
You can flame me now, but I’m jumping in my hopefully flame proof bed soon.

[ckilmer]

Calling the Old Media: Five Million Illegals Have Illegal Mortgages in U.S.A.!

It gets better: Look at the map where those who owe more than the house is worth. Notice any similarities to the unemployment picture and concentrations of illegals

[ConservativeMind]

CR@P!

[ConservativeMind]

It IS imaginable to let those liberal-run institutions go!