Markp

Ask my wife... she's been talking about kids, but decided that she liked money more. :P

Mark

TonyV

iTrader: (17)

This thing got passed, and with an extra 140billion add on and thread is dead???

They should of just called it an even tril

Markp

Tons of pork, BS like that bill just makes me ill.

Mark

levnubhin

iTrader: (30)

The future looks scary.
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hustler

iTrader: (6)

I work for the federal government and have no investments...I'd love to see the economy teach the republicans a lessor for permitting corporations to fist-**** the middle class.

messiahx

iTrader: (2)

Well, everyone, we are now all owners of some very troubled companies. Yay!

hustler

iTrader: (6)

now that we're in this predicament (incurred during democrat congressional majority) we need republican policies to further deregulate and lower taxes for high-incomes to create jobs for the working class to "build their investments."

Stealth97

iTrader: (5)

The middle class taxpayers have made all the investment and will get 0 return. What a load of crap. I need to seriously consider moving out of the country. I dont deserve to pay for this.

TonyV

iTrader: (17)

Warren Buffet should be managing the countries finances...that guy is sharp.

LOLA - 92

I like his songs!

TonyV

iTrader: (17)

^lol, sounds like u spent too much time in margaritaville, go have a cheeseburger in paradise and sober up...lol

Rafa

iTrader: (22)

Sorry but I couldn't resist inserting a link to last night's 60 Minutes show:http://www.cbsnews.com/stories/2008/...n4502454.shtml

50 to 60 Trillion Dollars in CDS (Credit Default Swaps)? WTF? FWIW, that amount is 5 to 6 times the US debt!

Smart Wall Street minds invented these "swaps" so as not call them insurance and therefore not be subject to regulation. Banana Republic 101. We've got local bankers in jail for much less than that!

And for those who thought this was only a US problem; watch what's going on in Germany's financial markets.

After seeing that program last night I have a small question: since all those financial institutions lost all those Billions; who the **** made those profits? Where are those profits?

BradC

iTrader: (6)

That was my exact question too when watching that last night. Anyone know?? Someone made a ton of bank.

hustler

iTrader: (6)

I was using teh ironing. I know that since deregulating energy and cable TV, my bills have skyrocketed. However, I rest easy knowing that someone raising the price, and charging me more, is somehow contributing to the ease of my day-to-day life. Don't ask questions or doubt your leaders, shut up, drink Budweiser, and watch American gladiators, America is alive and well.

I'd like to know what America learned from this. More importantly, I want to know what our government will do when these companies get back in the black, to sell off the debt. Most importantly, I want to know what the government has planned for the tax payer, when these companies start turning a profit. We're paying for it with $3600 per citizen, and I can't wait to receive my dividend payment from my investment. However I've assumed that this bailout was for the tax payer with the whole "main street, not wall street" phrase which both parties throw around.

TonyV

iTrader: (17)

$3600 per citizen for NOW...lots of analyists are saying this will easily go over the trillion mark...

Rafa very interesting video...i missed that, and had no idea that existed. Scary and good to know about at the same time

levnubhin

iTrader: (30)

I dont understand how this is such a big problem if 94% of America is paying their mortgage. How the hell can just 6% have such a huge impact?
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usd2bfst

Because the mainstream media says so. It's the standard differential between what's real and what's perceived..

Ben

iTrader: (33)

The company's executives, democrat US senators, and a few people in the US house.

levnubhin

iTrader: (30)

All Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008

Name Office State Party Grand Total Total from
PACs Total from
Individuals
Dodd, Christopher J S CT D $165,400 $48,500 $116,900
Obama, Barack S IL D $126,349 $6,000 $120,349
Kerry, John S MA D $111,000 $2,000 $109,000
Bennett, Robert F S UT R $107,999 $71,499 $36,500
Bachus, Spencer H AL R $103,300 $70,500 $32,800
Blunt, Roy H MO R $96,950 $78,500 $18,450
Kanjorski, Paul E H PA D $96,000 $57,500 $38,500
Bond, Christopher S ‘Kit’ S MO R $95,400 $64,000 $31,400
Shelby, Richard C S AL R $80,000 $23,000 $57,000
Reed, Jack S RI D $78,250 $43,500 $34,750
Reid, Harry S NV D $77,000 $60,500 $16,500
Clinton, Hillary S NY D $76,050 $8,000 $68,050
Davis, Tom H VA R $75,499 $13,999 $61,500
Boehner, John H OH R $67,750 $60,500 $7,250
Conrad, Kent S ND D $64,491 $22,000 $42,491
Reynolds, Tom H NY R $62,200 $53,000 $9,200
Johnson, Tim S SD D $61,000 $20,000 $41,000
Pelosi, Nancy H CA D $56,250 $47,000 $9,250


http://goodtimepolitics.com/2008/09/...vest-in-obama/
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TonyV

iTrader: (17)

I dunno about the 6% figure, but also most of these problems are in high cost markets (FL, CA, etc)...