Posted on 02/10/2009 11:06:45 AM PST by Syncro
But, but, but when do we get the DETAILS that Obama promised us???????
Sort makes alaugher out of ‘if we don’t do this now’ we will all die, that was used to pass the first two, now porkulus and then this ...
When does the lead begin flying.
Total freakin’ insanity. You do NOT rebuild a capitalist economy by SPENDING. It represents a total government (socialist) takeover of the entire economy.
Wait until Treasury tries to sell this debt to our creditors. They will balk.
the second bank bailout.... not counting what was spent through existing channels without Congressional votes
Are these the Socialists that hate “Buy American”...or are these the Socialists who support it? I can’t keep up with all the Socialists anymore...Wall Street and Washington infested with Socialists
Wall street crashing today. Seems people that understand finance know what the bailout will bring.
we can only hope nobody buys the debt
It’s like a forest fire in months dry timber.
Just completing the legacy Dubya left him.
Financial Fidelity Trust???? What is Geitner talking about?
They want to bankrupt the middle class so we will all be on the same level with the wealthy and ruling elite living like kings.
I see it clearly now. Who got the ax at GM?
Bad Finances, No Fidelity and who the hell would trust them?
Government to buy the bad debt and try to make them work, somehow... doing more harm than good in the process.
Friend of mine just called the office here. Told me: “When Geithner began talking, the DOW was down five (5) points. By the time he finished, it was down 245 points....’
What the government should be doing is:
1) Ensuring a food distribution system so that people in the US do not starve.
2) Increase domestic drilling, and develop a system whereby essential services have access to fuel, and where ordinary people can maintain some mobility and have some ability to survive winter.
3) Let the bad businesses fail, and allow new businesses to replace them.
If we have a system where 30% of Americans are out of work, but starvation and exposure deaths are limited, we'll be OK.
We may need to keep our heads down for 3 or 4 or 5 years. But the market will fix itself. That's what markets do. But replacing our current Constitutional system with Socialism, and going 500 bazillion dollars into debt is NOT going to help us.
they should have allowed the deadwood to be cleared but noooooo
It already cost more that $2T.
Market is down 4% on the news.
What is that loss? More than $2T I think.
It is. It is meant to be exactly that.
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