The blind leading the blind. There's no road map for this situation and they have no real idea whether this will work. In the space of a couple of months we've effectively nationalized the financial sector.
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To: marshmallow
How many more of these deals will be needed to protect the system?
2 posted on
11/24/2008 3:09:30 PM PST by
oldbill
To: marshmallow
Yeah, let’s continue bailing out the lenders with the taxpayer’s dollars, so the lender can turn around and lend that same money back to the taxpayer for an interest fee.
Sure, it’s more complicated than that, but it still stinks.
3 posted on
11/24/2008 3:10:37 PM PST by
Gene Eric
To: marshmallow
I don’t know about the rest of you but I am getting more than a little annoyed about our government paying off gambling debts for “financial institutions.”
5 posted on
11/24/2008 3:11:38 PM PST by
boxer21
To: marshmallow
I think all of us FReepers should get together and say we need OUR bail out.
There are enough of us to have them take notice.
6 posted on
11/24/2008 3:12:26 PM PST by
freedumb2003
(Der neuen Fuhrer: AKA the Murdering Messiah: Keep your power dry, folks)
To: marshmallow
So Bush is saying that Marxism is needed to protect Capitalism.
Just Great.
Where have all the Bushbots gone?
7 posted on
11/24/2008 3:13:01 PM PST by
trumandogz
(The Democrats are driving us to Socialism at I00 MPH -The GOP is driving us to Socialism at 97.5 MPH)
To: marshmallow
Bush Says Citigroup Deal Needed to Protect SystemAnd in a more just age, a man like Bush would have been publicly horsewhipped for betraying the publics trust. I look forward to evicting this half-wit from The Oval Office.
10 posted on
11/24/2008 3:14:11 PM PST by
E. Cartman
(Washington, DC: Where the inmates really do run the asylum.)
To: marshmallow; Beckwith; LucyT; Fred Nerks
Bush Says Citigroup Deal Needed to Protect System?
Let me fix that:
Bush Says Citigroup Deal Needed to Protect the Arabs 20% of Citicorps holdings
There fixed it.
Now if the Arabs would only purchase 20% of Ford, GM and Chrysler, they could be bailed out too!
Follow the Arab money, and you follow the bail.Buy low stock and wait for the bounce.
14 posted on
11/24/2008 3:16:27 PM PST by
Candor7
(Fascism? All it takes is for good men to say nothing, ( member NRA)
To: marshmallow
George W. Bush:
The New World Order's obedient errand boy and sock-puppet.
The guy is certifiably nuts, OR is drinking heavily again.OR quite frankly, BOTH.
A trainwreck of an administration is not happy launching as many locomotives over the cliff with OUR money in them.
The sooner he retires to his 300 acre fortress in Paraguay, the better.
15 posted on
11/24/2008 3:16:39 PM PST by
AC-130 Gunship
(ZERO-Hussein 0sama is NOT my President)
To: marshmallow
Yada yada yada... spend spend spend... go to Crawford Mr. President... your replacement has plans for all of the rest of our money that you have not spent yet... we no longer need you to spend what he will just confiscate.
LLS
21 posted on
11/24/2008 3:18:52 PM PST by
LibLieSlayer
(GOD, Country, Family... except when it comes to dims! I am an UMA-unity my a$$)
To: PAR35; TigerLikesRooster; bamahead; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; ...
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The Money, Banking, and Financial Markets Ping List. "Money, not morality, is the principle commerce of civilized nations." Thomas Jefferson FR Keywords: moneylist, bankinglist, financelist Please tag all relevant threads with the aforementioned keywords. This can be a very high-volume ping list at times. Ping list jointly pinged by rabscuttle385 and TigerLikesRooster. To join the ping list: FReepmail rabscuttle385 with the subject line add moneylist. (Stop getting pings by sending the subject line drop moneylist.) |
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23 posted on
11/24/2008 3:19:19 PM PST by
rabscuttle385
("If this be treason, then make the most of it!" --Patrick Henry)
To: marshmallow
The next Pres seems to be equally unwilling to explain what the h is going on.
24 posted on
11/24/2008 3:19:51 PM PST by
RightWhale
(Exxon Suxx)
To: marshmallow
Rush said today that the federal deficit was going to be somewhere around $1.4 TRILLION dollars this year. He said the US would have to borrow this money to pay for this deficit. My question is this: If all the banks and lending institutions are failing and have no money, WHO is the US government going to borrow all this money FROM??? Are they going to give the bail out money to the banks and then borrow it back at large interest rates?
25 posted on
11/24/2008 3:19:54 PM PST by
RetiredArmy
(NOTE TO REPUBLICAN POLITICIANS: PLAY THE CONSERVATIVE CARD!!!)
To: marshmallow
The sand people must be dancin’ in their turbins.
29 posted on
11/24/2008 3:21:28 PM PST by
PEACE ENFORCER
(One Needs to Have the Capability of Using Deadly Force at Any Moment.....:))
To: marshmallow
NEW TONE BABY! YEAH! Maybe Al Gore should have stolen the 2000 election after all
To: marshmallow
Just watched the stunned faces on CNBC's Fast Money as Laura Tyson, former Clinton economist and current Obama advisor, told them that even with the $300 billion bailout Citi would be
keeping its toxic assets on the books.
Macke made a beautiful comment....."so Citi's worth not what the market says it is, but what the Government tells us it is".
...socalism is truly here.
36 posted on
11/24/2008 3:25:47 PM PST by
HardStarboard
("The urge to save humanity is almost always a false front for the urge to rule - Mencken knew Obama)
43 posted on
11/24/2008 3:30:42 PM PST by
Zeddicus
To: marshmallow
I have a plan. Let the federal government collect all of the crappy debt. Then the states can secede from the union, and D.C. can hold the bag.
To: marshmallow
Keep printing that money. I nominate Robert Mugabe as the next treasury secretary.
56 posted on
11/24/2008 3:54:02 PM PST by
mysterio
To: marshmallow
The system? Kill the base for the system? I think the system must stop!
68 posted on
11/24/2008 4:40:17 PM PST by
JudgemAll
(control freaks, their world & their problem with my gun and my protecting my private party)
To: marshmallow
it’s odd how all of the goldman sachs people,
competent or incompetent,
are moving onwards and upwards into the obamao regime,
robert rubin and 4 of his protogees.
but rubin et al were responsible for the mess.
70 posted on
11/24/2008 4:45:14 PM PST by
ken21
(people die and you never hear from them again.)
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