700 Billion Dollar Bailout : DENIED.

[Jesse]

My dad has lost $100K in stocks(out of $600K, it's his Job's stock, can't touch until he quits/retires/fired)

Is he a stockbroker? If so, he's a dumb fuck, if not, he's a dumb fuck.

Whoever invested that much, definitely did a 40-60 bet.

40% that it'll recover and increase, and 60% that it'll sink. If he's a stockbroker, he's a bad one.

 

[25packbeer]

Why did it get denied??

I think because 700 billion is a little to much and would seriously raise taxes

 

[OmniTech]

Americans, need to burn and rot, and understand, that there ignorance and arrogance, thinking that they can live by themselves, in a growing worldwide economy are long over. The age of plenty is over. It was long over, for the rest of the world, american's just needed a little nudge to understand.

 

[Zypur]

Jansen's gonna get fucked over.

 

I can't believe they did this ...

Eh, the Democrats got us into this in the first place, all those years ago ...

 

[thequestionmark]

I can't believe they did this ...

Eh, the Democrats got us into this in the first place, all those years ago ...

Yes hmmm... back in the times of the civil war...
/sarcasm

 

[Merchant_in_the_dark]

[N]ick, statistically our economy has been better during every single Democratic president's term then their Republican counterparts.

Facts don't lie.

 

[TJ]

If anyone knew anything about the current world, they would know that its just not America that is in a crisis. It is Europe, and almost everywhere else in the world. The price of everything is rising, which causes more people to not be able to buy what they need in order to live.

The end result, its not the damn Americans faults. I am not saying we did not play a role into this, but its not all our fault.

Get your head's out of your ass's, stop blaming people, and find a cure.

 

[OmniTech]

There is no cure, go buy a fucking ak-47 and kick some ass.

 

[TJ]

There is no cure, go buy a fucking ak-47 and kick some ass.

Yes, because we all know killing people will get us out of debt.

Fucking idiot.

 

[jebckr]

I lol at the failing economy.

I <3 Canada.

Blame Canada.

Now's the time to buy longterm. Might I recomend FSLR or something involving natural gas.

 

[thorne_bro]

I can't really see this as the Great Depression again... maybe this will somehow help the economy... I mean... right now the dollar isn't worth shit.. but once things are worth more.. You will get to where instead of *spending, spending, spending*... most people will be *saving, saving, saving*...

 

[Blak Magik]

I know that the stocks weren't the only thing that cause the Depression, yet it was a major factor. And the stocks will probably continue to plunge for a day or two, then increase due to all the buying.

 

Either way, since banks are federally insured, we'll be better off than the last depression.

It doesn't matter if it is federally insured.
If the bailout doesn't go through, money will be worth close to nothing.

Now, if we only had the gold standard...

But noo, Nixon had to change our dollar so it was based on faith, and not gold.

I'm glad we went to war, and spent ~500b, in order to stop the Middle East from controlling the rest of the natural gas market, and our country.

 

[shakaka]

Americans, need to burn and rot, and understand, that there ignorance and arrogance, thinking that they can live by themselves, in a growing worldwide economy are long over. The age of plenty is over. It was long over, for the rest of the world, american's just needed a little nudge to understand.

Apparently, wherever you, are from, they didn't teach, you, how to use, fucking commas, you piece, of ignorant, shit.

 

[ItsNate]

Cheaper interest rates for us

That's why I fucken love John Howard, he cleared the Australia debt back in 2006. So atm Australia is better off... although Kevin Dumbass Rudd wants to borrow money to build roads and more usless shit.

Fuck I hate labour.

*claps to all the Australian dickheads who fell for "Kevin 07"*

 

[†Tysonâ€Â]

To me this is good news in a way. Housing prices go down - i can buy a good house for cheap. Then they'll go back up and i'll be better off.

 

[Tezlin]

Cheaper interest rates for us

That's why I fucken love John Howard, he cleared the Australia debt back in 2006. So atm Australia is better off... although Kevin Dumbass Rudd wants to borrow money to build roads and more usless shit.

Fuck I hate labour.

*claps to all the Australian dickheads who fell for "Kevin 07"*

Australia = /win

America was going down the drain from the moment the first Iraq war started. What is the current spending up to? A billion dollars a day? They buy and buy and buy and have nothing to give back to the rest of the world.

 

[aussiedud3]

So glad i live in Australia, Aussies ftw, Poor Americans ftl T_T

 

[M5citypwns]

I know a guy he was a banker at wachovia and had an early retirement. ALL of his money was in the stocks, since Wachovia got sold and the stocks went down he lost it ALL. in one day.