The 700 BILLION dollar bailout

[Evil Dead]

Gonna pull this from the Obama/McCain topic..

What do you think about the bail out?

I am glad it has not passed? Why? IF our government bails out these greedy assbags, all it does is tell Wall Street, "Hey, we know you take risks..but just so you know fuck up all you want, cuz we will pay you back no matter what."

Am I to blame for the greedy bank CEO's with shit for brains in lending practices? Should I (or you) be blamed for their companies unrelenting greed? Are we to blame when the RISK TAKERS on Wall Street (WHO KNOW DAMN WELL THE RISKS) actually fucking FAIL...and need help with a bailout???? NO!uke:

If I spend my paycheck on lotto tickets and can't pay rent, car payment, bills..is the government going to come to my rescue?? What if 100 million Americans did that..would they come to our rescue? How would us common peoples stupidy and lack of judgement be any different that these wall street people. We all know the risks and are willing to attempt to get that reward that MIGHT outweigh the risk..

Let the banks fail. Invested in volatile funds? Guess what, its volatile. Grab a dictionary.

Real Estate industry perpetuated this crisis with the blow up of the housing market. Your house doesn't suddenly increase by 200% in 2 years..are you fucking nuts? And if you want to blame people who got suckered into these mortgages you obviously have never bought a house, or a a seasons buying expert, because the average person WILL get bamboozled by these cretians.



btw, this a drunken driven rant that I tried to make coherent.

 

[Hell_Awaits]

They tried to loot us one more time....Let the free market reign.....

 

[ZeeZooZum]

They tried to loot us one more time....Let the free market reign.....

Nobody really believes in the free-market though. Only in "theory". The rich in this country want free-reign to profit but to have all their risk socialized by you and me.

Some form of the bailout will pass though whether we agree with it morally or ethically. The problem becomes psychological eventually. In other words, short-term investors who are always irrational about the market can do a lot damage. I say fuck them, but you know, that's not what the government will say.

 

[Achtland]

Funny the debt for the wars in Iraq and Afghanistan adds up to about the same amount of 700 billion dollars (and counting). They miscalculated that the secular violence would destroy their capitalist experiment. The investors bailed on making a McIraq. Somebody has to pay now.

 

[Jurched]

HERE'S ANOTHER CLASSIC MANIFESTO by Jurched...

The gauge of just how "devastating" this crisis really is can be judged by how fast our helpful politicians reacted to the Jewish holidays.

They took off!

Yeah. They went on holiday. So much for the global catastrophe that had to be fixed immediately...

Insane McCain suspended his campaign for 11 minutes to prove how much he cared about the criminal frauds in our banking sector. So what!

Did the world come to an end?

Barack Hussein felt the urge to extend his blessed hand over the globe and spake thus: "Peace be with you. There is no need to panic." Big Whoop!

Nobody was actually panicking.

Only the politicians were running around in their armageddon suits, crying that Main Street would fall into hell if the average homeowner couldn't take out three different 150% equity loans on his interest-only mortgaged 12-room mansion.

Basically, this is the biggest case of POLITICAL FRAUD in global history. And how do I know this?

Because there hasn't been credit for almost nine months. That's right. NO fuckin credit since the winter.

Are we dead yet?

"But banks are failing left and right! We need to save them before Mars collides with earth! Waaaah!"

Yes, they're failing one by one. But I see all this political quackery hasn't slowed the Treasury Dept. and the courts from seizing control of these institutions and sellling them to other banks. They're doing what they should be doing when Capitol Hill's not trying to muddle with things.

The biggest problem with all of this are the fat-cat politicians are creating panic in order to SEIZE TOTAL POWER over our economy.

As several commentators have already warned,

"ALL IT TAKES IS DOING IT ONCE!"

Do it once, let them shatter the Constitution once, and a precedence is set. They will do it again and again, and soon we have a planned centralised economy. We have bolshevism, with these McCain-Feingold protected eternal incumbents in total control.

So, the choice is ours. Succumb to the false panic and lies, and give the fat fucks on Capitol Hill ABSOLUTE POWER...

...or tell em to go fuck themselves and actively support their opponents in the next election.

REMEMBER! Last Summer, McCain and Kennedy and their elite cronies and hacks were running around in circles screaming,

"The crisis is now, there's no time to wait, we have to act Now, we cannot put this off another day, we cannot debate what's already well-known, we have to deal with this crisis before it blows up in our faces!"

They were talking about immigration reform. Remember?

REMEMBER???!

What's the difference?! Just a few words. Substitute "immigration" for "credit" and the year 2007 for the year 2008.

Goddamned LYING frauds! Wall Street Investors, Investment Bankers, Mortgage brokers, all of their lobbyists, and their fucking fat bastard politicians DESERVE JAIL FOR ALL OF THIS!

Candidate Bob Barr recently asked where the U.S. Department of Justice was on all of this. After all the fraud that's occurred in selling worthless paper, someone should be prosecuted.

Well, I'll tell you why they're not doing anything.

Because two-thirds of New York City and three-quarters of Washington would be thrown in prison!!!

Jurched

 

[Achtland]

Metalheads should take over Washington D.C.

 

[fah-q]

Metalheads should take over Washington D.C.

Agreed! My first filibuster would consist of a musical loop on the floor of the House. I could defeat anything with a loop of Stryper!

 

[fah-q]

CEO's from Tyco and Enron went to prison. Why aren't the CEO's of Freddie Mac and Fanny Mae?

 

[Jurched]

Global markets are tanking! Now we'll enjoy being lectured by the hippy socialists. They'll accuse the right-minded Congressmen who voted against the bailout last Monday of acting too slow to stop the economy from flushing down the shitter. Its a moot point: Just night, I was reading a Scientific American article from six months ago describing "Evonomics" and how its impossible for a government to alter natural selection in a free market without killing it...

How ironic. The leftist socialist progressives are the ones who believe in creationism (creating an economy and managing it with God-like powers), while the right-wing reactionary types are the ones allowing Darwinian processes to evolve a stronger economic creature...

Wacky!

Jurched

 

[Achtland]

Who cares? We're all gonna die!

 

[Jurched]

Who cares? We're all gonna die!

Yuh huh. Feel free to go first.

Jurched

 

[Hell_Awaits]

How ironic. The leftist socialist progressives are the ones who believe in creationism (creating an economy and managing it with God-like powers), while the right-wing reactionary types are the ones allowing Darwinian processes to evolve a stronger economic creature...

Wacky!

Jurched

What a great observation.....

 

[Richard Mongler]

The bailout was intended to bailout foreign bankers.

 

[ZeeZooZum]

Within a week, the banking system will probably be nationalized. Hurray for free maket capitalism!

 

[MyHatred]

If you had purchased $1,000 of shares in Delta Airlines one year ago, you will have $49.00 today. If you had purchased $1,000 of shares in AIG one year ago, you will have $33.00 today. If you had purchased $1,000 of shares in Lehman Brothers one year ago, you will have $0.00 today. But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for recycling refund, you will have received a $214.00 Based on the above, the best current investment plan is to drink heavily & recycle.

It's called the 401(keg).

 

[Jurched]

If you had purchased $1,000 of shares in Delta Airlines one year ago, you will have $49.00 today. If you had purchased $1,000 of shares in AIG one year ago, you will have $33.00 today. If you had purchased $1,000 of shares in Lehman Brothers one year ago, you will have $0.00 today. But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for recycling refund, you will have received a $214.00 Based on the above, the best current investment plan is to drink heavily & recycle.

It's called the 401(keg).

That's the happiest investment advice I ever read!

Alternatively, if you purchased $1,000 worth of guns and bullets, and robbed all those sad muthafuckas lon line at the Wachovia ATMs, betcha you'd have more than made up your investment, with interest!

Jurched