Does Anyone feel like Bailing - Page 8

xoxoxoBruce · 09-29-2008, 11:06 PM

Quote:

Originally Posted by Stormieweather

But I do agree, there are other banking institutions in trouble.

I heard 114 banks.

SamIam · 09-29-2008, 11:10 PM

I just skimmed all 7 pages of this, so forgive me if I'm repeating anything that was written previously. Maybe the government does have to step in and bail the bastards out, but I soooo agree with Brianna's "off with their heads" policy. The CEO's of these outfits are criminals and should be treated as such. Supposedly, they are paid the big bucks because they have the intelligence and knowledge to run a major corporation. They've run them alright, straight into the ground. I'm wary of government meddling, but this fiasco shows me that someone needs to start importing pit bulls into the offices of the presidents and CEO's of our financial institutions.

My small town used to have two banks. Then overnight, one of the two flapped its wings and vanished off into the darkness. Suddenly, every third or fourth house around here is for sale. The local pharmacy went out of business along with several shops on Main Street. I think we're in for a long, hard winter.

xoxoxoBruce · 09-30-2008, 01:05 AM

America's #1 export = DEBT.

Radar · 09-30-2008, 01:17 AM

I'd like to think my letters and emails to my elected officials helped derail the bailout, but that scumbag Maxine Waters voted for the bailout anyway. She's never met a welfare she didn't like.

Shouldn't it be a rule that you have to live in the district you want to be elected to run?

Griff · 09-30-2008, 05:23 AM

Quote:

Originally Posted by classicman

This whole mess started when Clinton was in office and the lenders had quotas to reach on "affordable" housing.

That is one thread. There is also deregulation without transparency, enormous deficit spending, desperation, and criminality. Some hedge fund numbers come out today supposedly the same smarties who created a lot of these bullshit portfolios moved to hedge funds when things started getting shakey.

Stormieweather · 09-30-2008, 08:20 AM

Quote:

Originally Posted by ZenGum

Shrewd move, Stormie, but you do realise it was YOU that started the run on Wachovia that brought it down. I hope you're proud of yourself.

Actually, I just moved the excess funds (over $100k) and spread it around a bit. Don't want all the eggs in one basket.

Also, I don't think giving MORE money to the financial institutions who have mismanaged what they already had is the answer. That seems like throwing good money after bad...as the saying goes.

Shawnee123 · 09-30-2008, 08:22 AM

Stopped at the club last night and they had Faux News on. I had to go outside after they found a way to try to blame the whole mess on Obama.

Wh-wh-wh-WHAT?

Did generations of old feel like their world was ruled by evil and greed, that we were going to hell in a handbasket, and that the end of the world must be nigh?

Trilby · 09-30-2008, 08:24 AM

Quote:

Originally Posted by Shawnee123

...Did generations of old feel like their world was ruled by evil and greed, that we were going to hell in a handbasket, and that the end of the world must be nigh?

Yes, but that was only because the Pope told 'em so.

classicman · 09-30-2008, 08:30 AM

Quote:

Originally Posted by Shawnee123

Stopped at the club last night and they had Faux News on. I had to go outside after they found a way to try to blame the whole mess on Obama.

Wow thats a new one on me. I hears that there were some people well connected with some lenders who were working with or advising (whatever) Obama. I heard the same of McCain though. I think once you reach a certain point in politics there is so much money and power and and and coming at you that it corrupts even the most well intentioned.

ZenGum · 09-30-2008, 08:30 AM

Weeeellll, back in the, in the, uhh, depression, we called it then, not like the depression you get today which is just some kid with no guts in a sulky mood wantin' medicine for free, good for nothing freeloaders, anyway, we knew that we were all just pawns bein' moved about on some giant chessboard, ya see, it was all run by the foreign banks that were run by certain groups which we ain't supposed to say nowadays, and there was an international conspiracy and stuff, and you didn't know who was who or what was what, except that you knew if someone was wearin' pants then they was a man, not like nowadays, and I tell you, the DOW was minus ten thousand, and then it went further down, I remember one time it was minus twelve thousand or so, no twelve million it was, yes thats right, twelve thousand, and all I had to eat for a week was an onion (which I had tied to my belt)...

kerosene · 09-30-2008, 10:25 AM

Some of this feels a bit familiar.

glatt · 09-30-2008, 10:47 AM

McCain was around for that one too. And was not one of the good guys.

Flint · 09-30-2008, 10:53 AM

Quote:

Originally Posted by ZenGum

...and all I had to eat for a week was an onion (which I had tied to my belt)...

I miss the old onion-belt days. [/SteveBsjb]

Trilby · 09-30-2008, 11:01 AM

Quote:

Originally Posted by ZenGum

Weeeellll, back in the, in the, uhh, depression, we called it then, not like the depression you get today which is just some kid with no guts in a sulky mood wantin' medicine for free, good for nothing freeloaders, anyway, we knew that we were all just pawns bein' moved about on some giant chessboard, ya see, it was all run by the foreign banks that were run by certain groups which we ain't supposed to say nowadays, and there was an international conspiracy and stuff, and you didn't know who was who or what was what, except that you knew if someone was wearin' pants then they was a man, not like nowadays, and I tell you, the DOW was minus ten thousand, and then it went further down, I remember one time it was minus twelve thousand or so, no twelve million it was, yes thats right, twelve thousand, and all I had to eat for a week was an onion (which I had tied to my belt)...

Grandpa Simpson! You're home!

classicman · 09-30-2008, 12:32 PM

Quote:

Originally Posted by case

Some of this feels a bit familiar.

thats exactly what I was thinking - and how was that treated thru the media? Boy it sure seems different this time - no?

09-30-2008, 01:05 AM	#108
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	America's #1 export = DEBT. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

09-30-2008, 01:17 AM	#109
Radar Constitutional Scholar Join Date: Dec 2002 Location: Ocala, FL Posts: 4,006	I'd like to think my letters and emails to my elected officials helped derail the bailout, but that scumbag Maxine Waters voted for the bailout anyway. She's never met a welfare she didn't like. Shouldn't it be a rule that you have to live in the district you want to be elected to run? __________________ "I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death." - George Carlin

09-30-2008, 08:22 AM	#112
Shawnee123 Why, you're a regular Alfred E Einstein, ain't ya? Join Date: Jun 2006 Posts: 21,206	Stopped at the club last night and they had Faux News on. I had to go outside after they found a way to try to blame the whole mess on Obama. Wh-wh-wh-WHAT? Did generations of old feel like their world was ruled by evil and greed, that we were going to hell in a handbasket, and that the end of the world must be nigh? __________________ A word to the wise ain't necessary - it's the stupid ones who need the advice. --Bill Cosby

09-30-2008, 08:30 AM	#115
ZenGum Doctor Wtf Join Date: Oct 2007 Location: Badelaide, Baustralia Posts: 12,861	Weeeellll, back in the, in the, uhh, depression, we called it then, not like the depression you get today which is just some kid with no guts in a sulky mood wantin' medicine for free, good for nothing freeloaders, anyway, we knew that we were all just pawns bein' moved about on some giant chessboard, ya see, it was all run by the foreign banks that were run by certain groups which we ain't supposed to say nowadays, and there was an international conspiracy and stuff, and you didn't know who was who or what was what, except that you knew if someone was wearin' pants then they was a man, not like nowadays, and I tell you, the DOW was minus ten thousand, and then it went further down, I remember one time it was minus twelve thousand or so, no twelve million it was, yes thats right, twelve thousand, and all I had to eat for a week was an onion (which I had tied to my belt)... __________________ Shut up and hug. MoreThanPretty, Nov 5, 2008. Just because I'm nominally polite, does not make me a pussy. Sundae Girl.

09-29-2008, 11:10 PM	#107
SamIam Registered User Join Date: Jun 2007 Location: Not here Posts: 2,655	I just skimmed all 7 pages of this, so forgive me if I'm repeating anything that was written previously. Maybe the government does have to step in and bail the bastards out, but I soooo agree with Brianna's "off with their heads" policy. The CEO's of these outfits are criminals and should be treated as such. Supposedly, they are paid the big bucks because they have the intelligence and knowledge to run a major corporation. They've run them alright, straight into the ground. I'm wary of government meddling, but this fiasco shows me that someone needs to start importing pit bulls into the offices of the presidents and CEO's of our financial institutions. My small town used to have two banks. Then overnight, one of the two flapped its wings and vanished off into the darkness. Suddenly, every third or fourth house around here is for sale. The local pharmacy went out of business along with several shops on Main Street. I think we're in for a long, hard winter.

09-30-2008, 10:25 AM	#116
kerosene Touring the facilities Join Date: Nov 2002 Location: The plains of Colorado Posts: 3,476	Some of this feels a bit familiar.

09-30-2008, 10:47 AM	#117
glatt ™ Join Date: Jul 2003 Location: Arlington, VA Posts: 27,717	McCain was around for that one too. And was not one of the good guys.

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