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Old 09-29-2008, 09:04 AM
 
Location: Albemarle, NC
7,730 posts, read 14,162,407 times
Reputation: 1520

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Quote:
Originally Posted by calmdude View Post
Last I heard it was being marketed as a "buy in". Apparently, we own banks now. I sure feel rich!!
If Congress had been smart, they would have nationalized the Federal Reserve. At least that way we could hyperinflate without owing interest.
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Old 09-29-2008, 09:05 AM
 
Location: By the sea, by the sea, by the beautiful sea
68,330 posts, read 54,419,437 times
Reputation: 40736
I want to play BlackJack at the government casino, it seems you can take a hit on '20' and if you bust they'll cover your losses.
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Old 09-29-2008, 09:08 AM
 
12,867 posts, read 14,919,896 times
Reputation: 4459
Quote:
Originally Posted by CatManDoo View Post
Are you truly that short-sighted? Do you not see the downstream impacts?
not everybody is falling for the scare tactics. if you are thinking really long-term the bailout will be bad for america because the dollar will have lost its value. let's face it, they are using an excuse to try to print more money because it is getting harder to borrow it from other countries with our current debt level.
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Old 09-29-2008, 09:08 AM
 
4,173 posts, read 6,689,002 times
Reputation: 1216
Anyone think we pay LESS taxes under Repuiblicans?
-- bailout = $5300 per tax paying citizen ($700 billion)
-- un-needed Iraq war = $7000+ per tax paying citizen ($1 trillion total)
Grand total = $12,300 per person!!
Happy with the rebate checks now???
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Old 09-29-2008, 09:09 AM
 
Location: long island , ny
1,229 posts, read 2,912,782 times
Reputation: 397
Do ya think the retarted cowboy knows that we all mailed our ''stimulus checks'' to the democratic congressional campaign commitee.???
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Old 09-29-2008, 09:13 AM
 
594 posts, read 1,044,584 times
Reputation: 311
Quote:
Originally Posted by floridasandy View Post
not everybody is falling for the scare tactics. if you are thinking really long-term the bailout will be bad for america because the dollar will have lost its value. let's face it, they are using an excuse to try to print more money because it is getting harder to borrow it from other countries with our current debt level.
Scare tactics? You don't think a much deeper and broader economic impact is possible if the Treasury does nothing? Last time they did nothing in a time like this, we got the Great Depression.
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Old 09-29-2008, 09:15 AM
 
1,881 posts, read 2,685,729 times
Reputation: 361
Even a very liberal democrat from California is voting against this. He was just on Fox and said this is not good for all of us.

The dems have pushed this through with scare tactics that the world would come to an end, thank god for reps and dems like the dem from California who are standing up against this pork lined joke.

So when was we ever going to hear about the dems adding things like the ACORN pork that would help Obama himself?

People need to wake up, this is not a good thing, this is horrible.
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Old 09-29-2008, 09:15 AM
 
Location: Albemarle, NC
7,730 posts, read 14,162,407 times
Reputation: 1520
Quote:
Originally Posted by CatManDoo View Post
Scare tactics? You don't think a much deeper and broader economic impact is possible if the Treasury does nothing? Last time they did nothing in a time like this, we got the Great Depression.
The GD was caused by constriction of the money supply. Ben Bernanke has already apologized for that. He said it won't happen again. So he's hyperinflating instead. That makes our currency worthless.
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Old 09-29-2008, 09:23 AM
 
Location: Charlotte
12,642 posts, read 15,603,956 times
Reputation: 1680
You won't believe where that $700 Billion bailout number came from....Link
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Old 09-29-2008, 09:28 AM
 
4,173 posts, read 6,689,002 times
Reputation: 1216
Quote:
Originally Posted by walidm View Post
You won't believe where that $700 Billion bailout number came from....Link
I read that somewhere else too and felt so much better.
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