[TigerLikesRooster]

Everywhere dominoes are falling or about to fall.

[TigerLikesRooster]

Ping!

[Lonesome in Massachussets]

What a misnomer! The HRE was neither holy, Roman nor an Empire.

[Recovering Ex-hippie]

I loved how Germany and the euroweenies were screaming about how the US SHOULD fix the economy cause it affects the whole world!

But I thought we should be taking Europe as our model for social and economic role models. ha.

[Roccus]

Soon to be American taxpayer dollars at work.

[Boiling Pots]

Thank God Congress got involved!

Why should any other entity risk money bailing out BAD BUSINESSES when Congress has just given the Treasury Secretary the authority to do so!

We should all get in line, and “they” should give us whatever we ask for!

[CPOSharky]

So, to whom are the euroweenies giving subprime loans? Muzzies?

[PoliticsAndSausages]

Most of the bad loans HRE owns are from the US of course. However, I don't see why they should be saved. And I have no idea why people here think they'll be saved with US money. That would be nice, but won't happen. The German government brokered a deal before, which did certainly not involve US money, and that deal seems to have failed, because HRE was unable to calculate their risk correctly even when facing bancrupcy. Begs the question why the hell such a cesspool of incompetence should ever get another chance to work on the German market, paid for by taxpayer money.

And finally, the subsidary which drew HRE into the crisis was an Irish one, working with the US loans from there to dodge taxes in Germany. Good riddance, I say. I hope they either get saved by the Deutschland AG or rather not at all, and no one wastes tax money on this.

[Arthur Wildfire! March]

Adding this to the Timeline Project / Link List of Bailout History:

http://www.freerepublic.com/focus/f-bloggers/2093845/posts

[jetson]

Here comes the Chinese / Russian backed AMERO to save the day. Old W is going to get his way after all.

[Red Boots]

Well, this is kind of sucky, because our very small company has a contract for a commerical project that recieves financing from these guys. Currently, it is about half our current and next year's projected AR.

Sigh...