[do the dhue]

NEXT!!!!!!!!!!

[DieHard the Hunter]

(whoa!)

Viewed from outside the USA, if I didn’t know otherwise I’d have to guess that GWB and the Conservatives must have had a “Scorched Earth Policy” in place and waiting to greet His Excellency.

If/when he takes the reins on January 20 2009 your nation is going to be seriously in the poo, with very few reserves to pull it out.

This leads me to worry what sort of extreme measures he will excuse, based on being left with “scorched earth”. Crisis can excuse all sorts of excess, as we know from History.

God Bless America
*DieHard*

[WildcatClan]

Pandora’s Box Status: OPEN

[Bag]

I want to be BAILED OUT, TOO!!

[radu]

Well heck, we may as well all get in line, huh? Seems to be the “in” thing to do. LOL!

What on earth were those idiots in DC thinking when they went for this bailout? Could they not see this coming? WE could!

*siiiiiiiiigh*

[dennisw]

These bailouts show what dumb& confused hypocrites they are. So much for the “free market” bullsh!t they’ve been slinging the last 8 years

George Bush and his economic team including moron/stooge Chris Cox did nothing while Wall St went wild with derivatives. Reason being they were loathe to interfere with free markets

[Vaduz]

No end to the Beg-O-thon list.

[P.O.E.]

More like a “Bail-In”.

They’re just pouring more water into a sinking ship.

[Jimmy Valentine]

Banks have money to lend; they have tightened down credit standards.Instead of 80% LTV's they are looking at 75% or lower. Instead of cash flow coverage of 1.10/1 they now want 1.25/1.

The appraisal community is running for cover also. They are using higher capitalization rates than in the last couple ofyears. Instead of a 6% cap they are using 8.75% and higher.

All of this causes a big down push on commercial real estate values.

If a commercial property lender over financed, he will have a tough time refinancing his maturing debt.

[RU88]

At this point this has gotten completely out of hand. Every time the government steps in to bail out another business interest it fouls the waters further by distorting markets. The bailouts have to stop and companies are going to have to sink or swim on their own merits, or lack thereof. I somewhat understand the desire to prop these companies up as a way of preserving jobs for people but it really doesn't solve the underlying problems and no government can will private business into profitability.

[dinodino]

Oh dear God. When will this bailout madness end? Is there anyone left we have yet to bail out?

[LibLieSlayer]

The US will be beyond bankrupt in 2 years. We will not be able to afford an election in 2010. The US is NOT too big to go broke... and it ceases to exist when it has no treasure. hussein announced this morning, a new 1 TRILLION dollar stimulus... on top of those already in place or planned. Someone please stop this madness... of course... no one can.

LLS

[HighlyOpinionated]

UNDERSTAND THIS. THERE IS NO DEBT IF THE BANKS HAVE LOANED CREDIT. They’re NOT allowed to do so.

The United States Supreme Court has ruled time and again against the legal authority for banking institutions to lend credit. Both Federal and state laws allow banks to lend money, but banks do NOT have the authority to loan credit.

When you use your credit card, the bank is loaning you credit, NOT money. They can’t lend you something they don’t have, and they can’t charge you interest when they did NOT lend you money in the first place.

Banks do not lend money. They lend promises to supply money that they do not possess. So, if we can have no money without debt then if there is no debt then there is no money?

The “Federal Reserve” is not a government institution but a private central bank owned by a handful of major banks and bond dealers. As such, it is a cartel owned, controlled, and essentially for-profit driven, not by the people of the United States but, instead, by the banking industry’s ruling elite. This oligarchic setup generates the most costly, debt-based, money system and greatest conflicts of interest in the history of the world. It is a system clearly at odds with the intent of the founders of the United States of America.

“…I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. “

Thomas Jefferson (1743 - 1826),
Letter to the Secretary of the Treasury Albert Gallatin (1802)

Check my third post at http://auntiecoosa.blogspot.com for information on getting your own bail out of unsecured debt. It’s legal, Patriotic, and ethical.

[Peter W. Kessler]

Our family lives fairly modestly, pays its debts on time, and has a nest egg stashed away for college and retirement.

Where did we fail?

[Jackanapes]

We go back to the future!

[wolfcreek]

Again, just because they complete the product/project, doesn’t mean someone will buy/lease.

Let the market run it’s course.

[baltoga]

Here in the Washington D.C. area vacant office building loom all over the Dulles corrider and the construction still continues!

[marshmallow]

I hope China enjoys its century (21st) as much as we enjoyed ours (20th).