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Discussion in 'Archives' started by Jansen, Oct 3, 2008.

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  1. Jansen

    Jansen Retired Admin :'(
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    Jansen, Oct 3, 2008
    #1
  2. Shredderbeam

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    Hello, National Socialism.
     
    Shredderbeam, Oct 3, 2008
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  3. jebadiah the wise man

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    I'm fairly ignorant when it comes to this type of thing, so I must ask, why is this bad?
     
    jebadiah the wise man, Oct 3, 2008
    #3
  4. Merchant_in_the_dark

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    Because the Government just bought 700B worth of bad morgages in an attempt to save big business's ass.
     
    Merchant_in_the_dark, Oct 3, 2008
    #4
  5. Jansen

    Jansen Retired Admin :'(
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    The government is stealing another two grand from everyone in the country and giving it to business people with no knowledge of what will happen to it.
     
    Jansen, Oct 3, 2008
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  6. Shredderbeam

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    Shredderbeam, Oct 3, 2008
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  7. ItsNate

    ItsNate Formerly known as Nathan'
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    Overall, it was going to be needed, not just for the US markets but worldwide markets, such as Japan, Australia etc...
     
    ItsNate, Oct 3, 2008
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  8. ItsNate

    ItsNate Formerly known as Nathan'
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    ItsNate, Oct 3, 2008
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  9. Shredderbeam

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    They are accountable - let's start by auctioning off the road system, federal buildings, and then putting them on trial.
     
    Shredderbeam, Oct 3, 2008
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  10. crapkiller

    crapkiller Forum Addict

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    To save the economy.
     
    crapkiller, Oct 3, 2008
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  11. ItsNate

    ItsNate Formerly known as Nathan'
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    Well of course; as appossed to losing billions on the US markets, and then causing financinal hardship over worldwide markets...

    US government has to stand up; it should have never financial backed the debts of them financial institutions without putting measures in to protect itself...

    Bottom line is, if these institutions didn't go bust, would the bail plan even be needed?
     
    ItsNate, Oct 3, 2008
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  12. Jansen

    Jansen Retired Admin :'(
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    I think the original topic name was more insightful.
     
    Jansen, Oct 3, 2008
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  13. TJ

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    What you should learn from this :

    Don't buy a fucking 300k house if you cannot afford it.
     
    TJ, Oct 3, 2008
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  14. Shredderbeam

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    Ok, they can bail out Wall Street, then go to a public trial.
     
    Shredderbeam, Oct 3, 2008
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  15. Jesse

    Jesse Grand Master
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    Well this fucking sucks...
     
    Jesse, Oct 3, 2008
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  16. wcer2552

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    agreed also taking our money and might not even work
     
    wcer2552, Oct 3, 2008
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  17. Water Drips

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    We needed this. Hopefully this will get the stock market way back up
     
    Water Drips, Oct 3, 2008
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  18. Rain lV

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    thought it was 850b?..or was it more........
    hooray for over 9 trillion dollar deficit
    ...GO USA!!!




    OBAMA 08....WE NEED A CHANGE!!
     
    Rain lV, Oct 3, 2008
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  19. †Tyson†

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    Hahahah, i'm glad i live in Australia. Its good for me that they are getting bailed out so i'm not complaining.
     
    †Tyson†, Oct 3, 2008
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  20. CH1C0

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    Sorry if this is wrong, but from what I heard from reliable sources is that the 700B is not coming out of taxpayers pockets, but money they have.
    Also not sure if it was this thread but someone asked if wouldn't this cause an inflation, I just wanted to say no.
     
    CH1C0, Oct 3, 2008
    #20
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