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FOX business block- LIVE thread - Saturday 20 September
FOX NEWS ^ | 20 September 2008

Posted on 09/20/2008 7:03:53 AM PDT by SE Mom

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To: SE Mom
A few years back I used to argue with people here at FR who were out there borrowing every dollar they could on some house that was priced twice it was worth. And they were telling me how dumb I was that I wasn't sinking every dollar in it (my primary home) so that I could then flip it in 4 or 5 years when the note comes due and make $$$$$$$. The fact that I bought, and paid for a home on a golf course and had no debt made me just a stupid old school guy.

Those freepers might be a little worried in this day and age.

121 posted on 09/20/2008 8:08:11 AM PDT by kjam22 (see me play the guitar here http://www.youtube.com/watch?v=noHy7Cuoucc)
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To: McGruff

I just saw the clip on Fox Business News with Neil Cavuto, they actually showed the dead bodies in the rubble. Second question: do you think it was plastic explosives or a truck bomb?/Just Asking - seoul62........


122 posted on 09/20/2008 8:08:15 AM PDT by seoul62
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To: seoul62

I stand corrected and my apologoes to her.....but she (and he) are lib ditzs.


123 posted on 09/20/2008 8:09:16 AM PDT by dbacks (Should we really elect a man that would not be allowed to be an airport baggage screener?)
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To: McGruff

I think we’re about 10 days from this bailout being old news and the focus being on the war.


124 posted on 09/20/2008 8:10:32 AM PDT by kjam22 (see me play the guitar here http://www.youtube.com/watch?v=noHy7Cuoucc)
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To: kjam22

It was a crazy time- and all based on mirrors. If it sounds to good to be true...

Temptation is so hard to resist though- and I might well have jumped on the bandwagon if I’d had the opportunity. Good for you that you didn’t :)


125 posted on 09/20/2008 8:12:29 AM PDT by SE Mom (Proud mom of an Iraq war combat vet-McCain/Palin 08)
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To: All

I’m wondering...... the Bush administration has provided the media with a draft of the legislation for the $700 billion bailout..... but every media source refuses to make the draft public...... I wonder if the White House is providing a copy of that draft on their website?


126 posted on 09/20/2008 8:13:40 AM PDT by Fox_Mulder77
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To: Chaguito

Mine only dropped about 2%, however, this week alone I made about 5% in individual investments buying on the bottom of some stocks, betting that the market wouldn’t keep decent value stocks down. At that, the only stock I didn’t have that ended up higher this week was MSFT, and that really doesn’t have to do with this issue, but the YAHOO move.


127 posted on 09/20/2008 8:14:45 AM PDT by mnehring (Maverick/Barracuda 2008)
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To: Fox_Mulder77

It is probably way too complicated for reporters to understand. We are dealing with reporters here.. not exactly the brightest bulbs.. These are the same folks who couldn’t read Exxon’s annual reports or understand upstream/downstream and think that an expense (wholesale price of oil) is somehow a profit to them..


128 posted on 09/20/2008 8:16:17 AM PDT by mnehring (Maverick/Barracuda 2008)
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To: SE Mom

FoxNews Mansoor Ijaz says that the entire hotel has been engulfed in flames.


129 posted on 09/20/2008 8:19:32 AM PDT by TomGuy
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To: SE Mom
Mansoor Ijaz reporting on FNC. Haven't heard from him in a while. Said the car bomb set off a gas line explosion that has consumed the hotel. It was supposed to be heavily protected from such an attack.
130 posted on 09/20/2008 8:20:48 AM PDT by McGruff
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To: mnehrling
This is what every media outlet is reporting verbatim:

WASHINGTON, Sept 20 (Reuters) - A Wall Street bailout package being proposed by the Bush administration would cost $700 billion, according to a legislative proposal given to Congress on Saturday. A copy of the draft legislation, obtained by Reuters, also calls for raising U.S. borrowing authority to $11.315 trillion. Congressional committees were to be briefed on Saturday on the legislation, which could be weighed by the U.S. House of Representatives and Senate as early as next week.

I want to see that draft, so I can see how much pork the Dems add to it!!

131 posted on 09/20/2008 8:21:15 AM PDT by Fox_Mulder77
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To: Fox_Mulder77

Good idea bump.. maybe an analysis thread..


132 posted on 09/20/2008 8:22:49 AM PDT by mnehring (Maverick/Barracuda 2008)
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To: TomGuy
MSNBC news babe calling this “an accident. A terrorist accident”. Jeez.
133 posted on 09/20/2008 8:23:30 AM PDT by McGruff
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To: mnehrling

Exactly!


134 posted on 09/20/2008 8:23:55 AM PDT by Fox_Mulder77
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To: Fox_Mulder77

I can’t find it on gov web yet. Probably hasn’t hit the scanners. After I get back from abusing little white balls, I’ll look again.


135 posted on 09/20/2008 8:26:05 AM PDT by mnehring (Maverick/Barracuda 2008)
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To: Fox_Mulder77

OMG- they want up to $11 TRILLION?

WTH is going on?


136 posted on 09/20/2008 8:28:15 AM PDT by SE Mom (Proud mom of an Iraq war combat vet-McCain/Palin 08)
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To: SE Mom

The $11Trillion is just the open line of credit, not how much they ‘want’, although I bet that line of credit will be maxed out unless there are stopgaps built in (ie, you can only access XX for this reason under these circumstances).


137 posted on 09/20/2008 8:29:35 AM PDT by mnehring (Maverick/Barracuda 2008)
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To: SE Mom

It seems the Dems want to blame the President and the Administration for ALL the problems. Well, one thing that was left out is the media. For the last 6 months or more, all we’ve heard from CNBC, ABC, MSNBC, etc. is “we are in a recession ....most Americans think we are in a recession... this could be as worst at the Great Depression”. I wonder how much this contributed to the problem we are facing now.


138 posted on 09/20/2008 8:30:16 AM PDT by bobsunshine
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To: SE Mom

“we need to know WTH is going on behind closed doors this weekend and what they’re putting in this bailout legislation.”

I wonder if we will know before the measure is agreed to...or after?

My bet is on ‘after’. We should be watching for the dem measures to include kickbacks for ACORN,FM/FM,banks/mortgage companies that have democrat coffer ties, and a ‘stimulus’ for the unqualfied buyers that the dems used to amass power and money.

This stuff makes Enron look like small potatoes...(eye roll)


139 posted on 09/20/2008 8:30:29 AM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: SE Mom

I think the 11 trillion refers to the expansion of the budget deficit.


140 posted on 09/20/2008 8:31:58 AM PDT by PatriotGirl827
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