700B bailout plan rejected
Lurker
Joined: Mar 2002
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From: NoVA
we just got off the phone.
This is a highly credible inside source and I can't disclose his identity.
If you have any questions or advice...post. He said he had to go to a meeting about the current Wachovia takeover. He said that he would call me back tonight.
This is a highly credible inside source and I can't disclose his identity.
If you have any questions or advice...post. He said he had to go to a meeting about the current Wachovia takeover. He said that he would call me back tonight.
Come in My Hole
Joined: May 2002
Posts: 27,444
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I don't understand much about economics, but my logic tells me this as long as I'm doing fine, fuck it. 
and as long as you got a steady job you don't have to worry about the short term (however many years it is) effects of the downed economy. Like everything else, its just going through a cycle and it will come back up.
and as long as you got a steady job you don't have to worry about the short term (however many years it is) effects of the downed economy. Like everything else, its just going through a cycle and it will come back up.
SDSU Basketball
Joined: Jul 2005
Posts: 9,483
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From: Diego
Dow down 700 points:crazyr:
In the words Darrly Stawberry When told that people were rioting and looting during the 1992 Los Angeles riots
"Let it burn"
In the words Darrly Stawberry When told that people were rioting and looting during the 1992 Los Angeles riots
"Let it burn"
Last edited by hitman619; Sep 29, 2008 at 11:43 AM.
.......
Joined: Jun 2002
Posts: 522,629
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From: noobtown
why is that, that particular question is very relevant to the situation
agreed.
think that way if you like but honestly it boils down to this...
we can bail them out and spend the next 30+years recovering the money and nobody learns a damn thing or we can ride it out and things will return to normal in 5 or so years with the population being that much wiser in how things should be done and a bit more fiscally sound than before.
we can bail them out and spend the next 30+years recovering the money and nobody learns a damn thing or we can ride it out and things will return to normal in 5 or so years with the population being that much wiser in how things should be done and a bit more fiscally sound than before.
__________________
94 Chevy Blazer - brother crashed.
94 2dr accord - h22 swap, rear ended.
03 1.8 gti - waiting for her bag of chips.
:crazyr: :slap: :hsughr: :nec: :madr:
94 Chevy Blazer - brother crashed.
94 2dr accord - h22 swap, rear ended.
03 1.8 gti - waiting for her bag of chips.
:crazyr: :slap: :hsughr: :nec: :madr:
Pull my finger
Joined: Apr 2004
Posts: 41,423
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From: Arizona
think that way if you like but honestly it boils down to this...
we can bail them out and spend the next 30+years recovering the money and nobody learns a damn thing or we can ride it out and things will return to normal in 5 or so years with the population being that much wiser in how things should be done and a bit more fiscally sound than before.
we can bail them out and spend the next 30+years recovering the money and nobody learns a damn thing or we can ride it out and things will return to normal in 5 or so years with the population being that much wiser in how things should be done and a bit more fiscally sound than before.
Can't keep feeding stray dogs and not expect them to come back for more....
h:
CHRISTMASTIME IN IRAQ
Joined: Apr 2003
Posts: 12,413
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From: Bay Area
"The bailout didn't go through because it was considered unpopular with America. The average American doesn't understand that this isn't just for Wall Street. The American people are very short sighted (we don't need them, fuck those corporate assholes). They don't understand that every is interconnected. Plus with the elections coming up, they don't want anything that will piss off the people and their tax money" -Citi
The deer had to die!
Joined: Jun 2002
Posts: 39,835
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From: Fussa, Japan
