IPBFacebook



POSTS MADE TO THIS FORUM ARE THE SOLE RESPONSIBILITY OF THE AUTHOR AND DO NOT NECESSARILY REFLECT THE VIEWS OF PILOTS FOR 911 TRUTH
FOR OFFICIAL PILOTS FOR 9/11 TRUTH STATEMENTS AND ANALYSIS, PLEASE VISIT PILOTSFOR911TRUTH.ORG


DIGITAL DOWNLOADS

WELCOME - PLEASE REGISTER OR LOG IN FOR FULL FORUM ACCESS ( Log In | Register )

 
Reply to this topicStart new topic
Deal Reached On Economic Bailout?

Sanders
post Sep 25 2008, 02:25 PM
Post #1



Group Icon

Group: Administrator
Posts: 7,990
Joined: 13-September 06
Member No.: 49



http://rawstory.com/news/2008/Reports_Deal...ilout_0925.html

If this passes, the United States is Dead.
Go to the top of the page
 
+Quote Post
George Hayduke
post Sep 25 2008, 02:29 PM
Post #2


Got aliens?


Group: Respected Member
Posts: 2,052
Joined: 21-October 06
Member No.: 120



Done deal. But how long, Sanders, until the riots?

Wanna bet?

This post has been edited by George Hayduke: Sep 25 2008, 02:30 PM
Go to the top of the page
 
+Quote Post
amazed!
post Sep 25 2008, 03:18 PM
Post #3





Group: Extreme Forum Pilot
Posts: 4,017
Joined: 14-December 06
From: Fort Pierce, FL
Member No.: 331



Riots?

Who on earth is going to riot? American Idol is on tonight.
Go to the top of the page
 
+Quote Post
GroundPounder
post Sep 25 2008, 06:02 PM
Post #4





Group: Extreme Forum Pilot
Posts: 1,748
Joined: 13-December 06
From: maryland
Member No.: 315



it'll be a quiet riot that goes over like a lead balloon according to military intelligence
Go to the top of the page
 
+Quote Post
grizz
post Sep 25 2008, 06:09 PM
Post #5


aka Oceans Flow


Group: Respected Member
Posts: 3,211
Joined: 19-October 06
From: Oregon
Member No.: 108



QUOTE (George Hayduke @ Sep 25 2008, 11:29 AM) *
Done deal. But how long, Sanders, until the riots?

Wanna bet?

When the food crisis hits. Then the riots will start.
Go to the top of the page
 
+Quote Post
lunk
post Sep 25 2008, 07:58 PM
Post #6



Group Icon

Group: Administrator
Posts: 4,983
Joined: 1-April 07
Member No.: 875



QUOTE (Oceans Flow @ Sep 25 2008, 03:09 PM) *
When the food crisis hits. Then the riots will start.


First, they got to push vegetarianism,
and then wipe out next years vegetable harvest.

Dec. 2009-2010
but I think we'll start feeling the pinch, sooner.

imo, lunk
Go to the top of the page
 
+Quote Post
Sanders
post Sep 25 2008, 10:14 PM
Post #7



Group Icon

Group: Administrator
Posts: 7,990
Joined: 13-September 06
Member No.: 49



This won't cause any big riots directly, because too few Americans have any idea how much 700 billion is. If they went out and tried to collect the $2,500 directly from every man woman and child you'd have some riots I'm sure, but they won't do that, they'll just print the money.
Go to the top of the page
 
+Quote Post
kiwisteve
post Sep 26 2008, 03:15 AM
Post #8





Group: Student Forum Pilot
Posts: 66
Joined: 8-August 07
From: Zhuhai,PRC
Member No.: 1,640



The anger is mounting. This is stolen from another forum (unedited).

Please explain to me why, when I did not 1) make the investment, 2) reap the gains or 3) have f*ck-all to do with it that I have to absorb the risk?

The mind boggles that the same crowd that was screaming "f*ck those idiots that signed up for mortgages they can't pay" are all over this bailout concept.

We are being asked to buy sh*t that no one else wants. If we taxpayers were getting it at a good price...someone else would buy it instead. The holder of these sh*t portfolios will not sell them for pennies on the dollar to dump the risk - so they will let US pay for it when no one else will. Whatever we taxpayers are buying in this bailout will be over priced high risk crap, because if it wasn't someone else would have snapped it up.

Why not let the problem companies have a fire sale on the risk? Is it possible that the gene pool on Wall Street needs a little chlorine? Why should we keep these same asshats around and give them another pooch to screw?

Most importantly - when you make an investment there are risks involved. Greater risk = greater return...but they call it risk because you just might lose your money. Guess what - they lost! If I buy a stock and it ends up in the pink sheets no one from the Fed is going to come buy it from me. If I buy a building and it sucks cash from me for years and I have to sell it for a loss, there is no Federal government coming along buying it at a higher value to prop me up. If you put 5 large on the Bills with Vinnie the Chin and lose the government isn't going to stop him from kneecapping you if you can't pay.


How about something more rationale and reasonable with the $700B. Set up a lending fund to maintain lending liquidity. f*ck all the douchebags that over reached on these crappy deals - they own the risk, let them sink or swim. In the meantime use the $700B liquidity fund to enable much of the bad debt to be restructured and removed from the bad portfolios, as well as for lending out to keep credit available.

Just don't give the money back to the damned fools that screwed up the first time - unless they sell up and put every nickel they have and the shirt off their back into the bailouts too. Because I can double damned guarantee you very few of these assholes are offering to return the massive bonuses, payouts, salaries, stock options and other multi-million dollar bonanzas they were taking right up until the sh*t hit the fan.
Go to the top of the page
 
+Quote Post
kiwisteve
post Sep 26 2008, 03:21 AM
Post #9





Group: Student Forum Pilot
Posts: 66
Joined: 8-August 07
From: Zhuhai,PRC
Member No.: 1,640



..and it's not only Americans going to suffer.

In my Inbox I have a Contract for 12 months work in China . It's a deal I have been chasing, and one which has already cost me in time and money (try getting a work visa/residency for China - not easy).

I have a week to accept it and the tension is mounting. Why? Because they will be paying me a fixed rate in $US. This is not looking as good as it did a month ago!
Go to the top of the page
 
+Quote Post
jo56
post Sep 26 2008, 12:14 PM
Post #10





Group: Respected Member
Posts: 3,283
Joined: 14-December 06
Member No.: 321



Well today it was derailed because we have a few ballsy congressmen finally doing their jobs after hearing from the people of this nation.

THIS IS NOT A DONE DEAL. THEY ARE FIGHTING NOW ABOUT THIS! Shelby has power and he came out today and said this BAILOUT SHOULD NOT HAPPEN! HE GETS IT!
Go to the top of the page
 
+Quote Post
keroseneaddict
post Sep 26 2008, 03:09 PM
Post #11





Group: Core Member
Posts: 130
Joined: 12-September 08
From: An Island off the coast of RSW
Member No.: 3,813



QUOTE (jo56 @ Sep 26 2008, 12:14 PM) *
Well today it was derailed because we have a few ballsy congressmen finally doing their jobs after hearing from the people of this nation.

THIS IS NOT A DONE DEAL. THEY ARE FIGHTING NOW ABOUT THIS! Shelby has power and he came out today and said this BAILOUT SHOULD NOT HAPPEN! HE GETS IT!


If the Dems have a majority, why don't they just pass it if they think it is such a great deal!!!! thumbdown.gif

Thoughts?
Go to the top of the page
 
+Quote Post
amazed!
post Sep 26 2008, 05:44 PM
Post #12





Group: Extreme Forum Pilot
Posts: 4,017
Joined: 14-December 06
From: Fort Pierce, FL
Member No.: 331



Kerosene

From what I read, they say it is the actual real traditional republicans, young, not to be confused with the f*cking neocons, who are refusing to budge. I only know what I read. cheers.gif
Go to the top of the page
 
+Quote Post
jo56
post Sep 26 2008, 06:55 PM
Post #13





Group: Respected Member
Posts: 3,283
Joined: 14-December 06
Member No.: 321



QUOTE (keroseneaddict @ Sep 24 2008, 05:09 PM) *
If the Dems have a majority, why don't they just pass it if they think it is such a great deal!!!! thumbdown.gif

Thoughts?


Quick answer! They're chickens***. They want the Repubs to go along with it also, then they won't get the full blame if it fails. They continue to play politics even as our country implodes. This shows you why the American people need to replace most of these bozos!

This post has been edited by jo56: Sep 26 2008, 06:56 PM
Go to the top of the page
 
+Quote Post
maturin42
post Sep 26 2008, 11:58 PM
Post #14





Group: Core Member
Posts: 607
Joined: 18-February 07
From: Maryland, USA
Member No.: 633



The Shock Doctrine comes to Wall Street
By Shelton

Mr. Bush has had the plan
Upon his desk these many months
That Paulson tells us surely can
Rescue the dollar, prime the pumps.

The numbers that they throw around
Carl Sagan used to illustrate
Countless stars in words profound
So many we can’t contemplate

Does anyone else mark it strange
That Paulson and Bernanke think
Seven hundred billion (and no change)
Will put the country in the pink?

Protection for the billionaires
Who engineered apocalypse
The plutocrats who run affairs
On Wall Street all should get pink slips.

The sudden shock, out of the blue
Naomi Klein described it thus
They stun the people with bad news
Then do their mischief in a rush.

A final Bush catastrophe
Capping eight years of thievery
Their purpose is a strategy
To save THEIR hides, not you or me.

We’re screwed in any case, my dear
Regime change is the answer clear.
Go to the top of the page
 
+Quote Post
GroundPounder
post Sep 27 2008, 08:24 AM
Post #15





Group: Extreme Forum Pilot
Posts: 1,748
Joined: 13-December 06
From: maryland
Member No.: 315



any idea how many sinators and congresscritters are millionaires? my guess...there will be a lot of posturing and blah blah blah, it'll go through in some form. they have a vested interest in seeing their investments succeed...f@#$ everybody else

perhaps the insiders know that fiat money always returns to its true value....zero
Go to the top of the page
 
+Quote Post
amazed!
post Sep 27 2008, 10:57 AM
Post #16





Group: Extreme Forum Pilot
Posts: 4,017
Joined: 14-December 06
From: Fort Pierce, FL
Member No.: 331



I guess one of the big fears is that the credit market has dried up, and will continue unless something is done.

I say let it dry up. Stop the borrowing and let things cool off. The system will survive. It may not grow as much as they would like, but it will survive.
Go to the top of the page
 
+Quote Post
GroundPounder
post Sep 27 2008, 11:43 AM
Post #17





Group: Extreme Forum Pilot
Posts: 1,748
Joined: 13-December 06
From: maryland
Member No.: 315



I've read a lot of books and articles by Robert Higgs and he thinks credit is not drying up.

credit

He is a good researcher and the numbers he cites do not show credit contraction, imho.

This post has been edited by GroundPounder: Sep 27 2008, 11:44 AM
Go to the top of the page
 
+Quote Post

Reply to this topicStart new topic
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:

 




RSS Lo-Fi Version Time is now: 22nd September 2019 - 06:36 AM