What a fabulous visual. 
Posted on 11/12/2008 1:30:29 PM PST by mojito
Ummm..., that means they’ve seen *bigger trouble* down the road and they’re cutting loose of a prior commitment to take care of a worst disaster coming up. That’s the way I read it...
The Great Depression starts taking hold in 2009!
Can someone direct me to the National Office of Pie-Outs. I want my pie now!!!!! I will go to the front of the line proclaiming: the white part of me is oppressing me and I request my reparations or pie-out, now!!!!!!/Just Asking - seoul62.....
In other words, “when we were selling the bailout with scare tactics of impending doom, we were really just blowing smoke out of our a**holes”
Ok then. So that means the financial CRISIS that we all heard about a MONTH ago, where the world had to stop and had to be voted on IMMEDIATELY or we were all DOOMED, hasn’t even been dispersed yet.
This is the largest scam ever made on a nation.
I feel so out of control between the zombies and the government... my life is not in my hands anymore it seems.
Still thankful I don’t live in a muslim nation, but still.
What a fabulous visual.
LOL..pretty good...and accurate too.
But, hey...look at it from their viewpoint, they shot down McCain’s chances of being elected!
Dear Leader’s first intervention, and he’s not even in office yet!
Ed
No, they’ve seen the democrats at work, and Frank would love to own millions of homes in America to make communism work. In Soviet Union they put 6 or 7 people in same apartment and if they wanted a car they had to get on a list and take what government gave them...buying houses would just expedite communism. Thank God Paulson and Bush aren’t going there. At least Preferred Stock would be able to be sold down the road if and when the market recovers.
Otherwise those homes would end up with occupants as reparations by this administration.
They appear to also has stampeded the elephants.
I don’t think it’s an exaggeration to say he doesn’t know what he’s talking about.
Translation: Bankers said, "Go to hell, we don't want your money with all those strings attached."
Good Choice and I want it top with a cheque signed by King Paulson!!!!!!./Just Asking - seoul62.....
Yes, the original plan was for a McCain Presidency.
Now that we have a Marxist one they are having to to tweak it for a worse downturn.
Paulsen's a crook and so's his wizard, Kaskari who worked on the Hubbell telescope which ISN'T WORKING very well at the moment.
Yummy, simply delish./Just Asking - seoul62......
It keeps the companies accountable for their bad losses, but pumps in money to them while providing a potential for an upside on stocks sales later.
Purchasing bad loans without a clue as to what was in them nor how much they were worth was a terrible idea. This is better, but I'm still much more in favor of letting the stupid companies go under. Their CDS would all be null and void, then, for whatever their value was.
Also, by going under, these companies would be off the hook for their union contracts, where they had them. That's a win-win.
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