Originally posted by: DrewSG3
LET THE FREE MARKET REIGN!
Don't you mean rain? As in...fall from the sky?
Originally posted by: DrewSG3
LET THE FREE MARKET REIGN!
Originally posted by: jbourne77
Several Republican aides said House Speaker Nancy Pelosi, D-Calif., had torpedoed any spirit of bipartisanship that surrounded the bill with her scathing speech near the close of the debate that blamed Bush's policies for the economic turmoil.
No one's hands are clean on this. Republicans are absolute turds for letting this affect the outcome, and Pelosi is an absolute [blank] with a capital C for politicking like this in the 11th hour.
Line them all up, shoot 'em, and replace 'em with thinking people.
Originally posted by: RichardE
Ah, I was assuming most SB had locked in credit lines to prevent the type of "on the spot we have no money" issue that seems to be arising.
Originally posted by: Genx87
For expanding the business. When you expand a business you create jobs.Originally posted by: RichardE
Originally posted by: Genx87
Originally posted by: SP33Demon
What the hell are you talking about? Since when can't a small business get a loan from any of those companies? Put up or shut up.Originally posted by: LegendKiller
Originally posted by: SP33Demon
Then those businesses can get a loan from Bank of Am, Chase, Citi, Wells, or any other bank that will be fine. What's that you say? Their credit rating sucks? Too bad.Originally posted by: OptimisTech
Originally posted by: CADsortaGUY
Originally posted by: OptimisTech
Oh, and for those of you on monthly pay cycles, there is a REAL chance you will not get a check tomorrow.
:roll: What scare tactic email did you buy into?
Read a book. 90% of businesses use short-term loans to meet payroll every month. If the credit markets seize (which they almost surely will now.) they won't be getting those loans. If you were lucky enough to have payroll processed already, you'll get paid. If not, be ready. Did you really think you were invulnerable to this and you could ignore it?
Fool, they won't be lending. NOBODY is lending. Are you too dense to understand that? Their capital base is so depleated that they are only floating along too.
http://www.godlikeproductions....rum1/message613545/pg1
If McDonald's is having a hard time securing enough credit. How do you think his small time competitor across the street is doing?
That is securing credit for frivolous upgrades.
Originally posted by: frostedflakes
Holy shit, it didn't pass? :shocked:
Originally posted by: Carmen813
Originally posted by: DrewSG3
LET THE FREE MARKET REIGN!
Don't you mean rain? As in...fall from the sky?
Originally posted by: GTKeeper
I wonder how many posters in this thread have actual jobs and how many are still living at home or are still in school.
When mommy and daddy come home because there is no more paycheck in 6 months, come and revisit your idiotic posts on this thread.
Originally posted by: Genx87
Originally posted by: brandonb
Intellectually challenged? I believe thats you, not me. But thanks for the comment anyhow. Anyone who has to put down another to make their point is the one who is intellectually challenged.
Do you think because this bailout didn't occur that banks will stop functioning? So businesses won't have business accounts anymore? Do you think personal checking accounts for the common man is suddenly going to dry up?
The only thing this bailout was for was companies who needed to fail because they are obviously too intellectually challenged to run their businesses correctly, or BANKED on the idea of it failing. In other words, they took a huge risk hoping for huge rewards, and it backfired. Now I'm the one who has to pay? No way. Thats their risk they failed, they should close shop. Let other companies who understand good business stay afloat.
Where have you been? How many big banks have already failed? I think if you look around you already have your answer.
Originally posted by: RichardE
[There is expanding a business and installing latte and mocha machines. As I said, it is for frivolous upgrades.
Originally posted by: Wreckem
Originally posted by: senseamp
Looks like GOP is on a suicide course.
Nope. Pelosi is.
I say that because today marks the day that finishes her in terms of remaining Speaker of the House during the 111th Congress.
Pelosi has been the most inept House Speaker in the modern era. She has time and time again failed to get the support needed before bringing a bill the the floor. She has embarrassed herself and her party one to many times. Sure blame the GOP for this. But its really poor management of the House. The Dems have a commanding majority in the House. If she had done her job this bill would not have failed. Her ineptness let this bill fail.
Wow, finally some proof. And here's an update on your proof:Originally posted by: Genx87
http://www.godlikeproductions....rum1/message613545/pg1
If McDonald's is having a hard time securing enough credit. How do you think his small time competitor across the street is doing?
McDonald's Corp. warned franchisees earlier this month that Bank of America Corp., another large franchise lender, had tightened lending to its restaurant owners, and that franchisees should find other lenders for immediate borrowing. McDonald's has since said its franchisees have access to sufficient credit for restaurant improvements.
No, that couldn't have been it. /sarcasmHigh ingredient prices and consumers curtailing dining outside the home are eating into profits.
Originally posted by: Genx87
Originally posted by: RichardE
[There is expanding a business and installing latte and mocha machines. As I said, it is for frivolous upgrades.
Either way McDonalds was put on a leash. McEffingDonalds. That doesnt bode will for the rest of corporate America.
Originally posted by: Stoneburner
Rahm Emannuel is no Tom Delay
Just let it all burn I still say.
Originally posted by: eskimospy
Originally posted by: Genx87
Originally posted by: brandonb
Intellectually challenged? I believe thats you, not me. But thanks for the comment anyhow. Anyone who has to put down another to make their point is the one who is intellectually challenged.
Do you think because this bailout didn't occur that banks will stop functioning? So businesses won't have business accounts anymore? Do you think personal checking accounts for the common man is suddenly going to dry up?
The only thing this bailout was for was companies who needed to fail because they are obviously too intellectually challenged to run their businesses correctly, or BANKED on the idea of it failing. In other words, they took a huge risk hoping for huge rewards, and it backfired. Now I'm the one who has to pay? No way. Thats their risk they failed, they should close shop. Let other companies who understand good business stay afloat.
Where have you been? How many big banks have already failed? I think if you look around you already have your answer.
Speaking of that, Wachovia just collapsed.
Originally posted by: CADsortaGUY
Originally posted by: jbourne77
What exactly did Pelosi say? I reserve my comments on R vs D until I hear exactly what happened.
http://www.youtube.com/watch?v=ey3ZlsmIkz4
I think we know what type of job you have (financial sector duh) due to your irrational, borderline hysterical posts that the sky is falling and we're all fcked.Originally posted by: LegendKiller
Originally posted by: brandonb
Originally posted by: jbourne77
You totally glossed over a question someone else posed to you: What happens when 95% of all potential car buyers cannot get loans? Mortgagees? Business expansion? Student loans?
I don't think people really understand the potential impact here.
I guess the banks will have to learn to adapt, like everybody else.
What type of job do you have?
Originally posted by: SP33Demon
Wow, finally some proof. And here's an update on your proof:Originally posted by: Genx87
http://www.godlikeproductions....rum1/message613545/pg1
If McDonald's is having a hard time securing enough credit. How do you think his small time competitor across the street is doing?
Text
McDonald's Corp. warned franchisees earlier this month that Bank of America Corp., another large franchise lender, had tightened lending to its restaurant owners, and that franchisees should find other lenders for immediate borrowing. McDonald's has since said its franchisees have access to sufficient credit for restaurant improvements.
And maybe BoA didn't initially give them a loan because:No, that couldn't have been it. /sarcasmHigh ingredient prices and consumers curtailing dining outside the home are eating into profits.
Originally posted by: SP33Demon
What the hell are you talking about? Since when can't a small business get a loan from any of those companies? Put up or shut up.Originally posted by: LegendKiller
Originally posted by: SP33Demon
Then those businesses can get a loan from Bank of Am, Chase, Citi, Wells, or any other bank that will be fine. What's that you say? Their credit rating sucks? Too bad.Originally posted by: OptimisTech
Originally posted by: CADsortaGUY
Originally posted by: OptimisTech
Oh, and for those of you on monthly pay cycles, there is a REAL chance you will not get a check tomorrow.
:roll: What scare tactic email did you buy into?
Read a book. 90% of businesses use short-term loans to meet payroll every month. If the credit markets seize (which they almost surely will now.) they won't be getting those loans. If you were lucky enough to have payroll processed already, you'll get paid. If not, be ready. Did you really think you were invulnerable to this and you could ignore it?
Fool, they won't be lending. NOBODY is lending. Are you too dense to understand that? Their capital base is so depleated that they are only floating along too.
Originally posted by: SP33Demon
I think we know what type of job you have (financial sector duh) due to your irrational, borderline hysterical posts that the sky is falling and we're all fcked.Originally posted by: LegendKiller
Originally posted by: brandonb
Originally posted by: jbourne77
You totally glossed over a question someone else posed to you: What happens when 95% of all potential car buyers cannot get loans? Mortgagees? Business expansion? Student loans?
I don't think people really understand the potential impact here.
I guess the banks will have to learn to adapt, like everybody else.
What type of job do you have?
What are the odds that you get that bonus in March, and be honest.![]()
Originally posted by: Skoorb
Look, to blame this on Pelosi is ridiculous, it failed not because of her.
However, I watched her speech and she should be ashamed of herself. I am as big a critic as anybody on how fvcking tits-up-useless this government has been, particularly under Bush, but her ranting about him and his party like a damned idiot is akin to telling somebody not to ride a motorbike, they do it anyway, lose an arm, and as they are being dragged off in the ambulance you smirk and say "Told you so.". It's infuriatingly puerile and 100% counter-productive. What did she gain by saying it? That lack of self-control I have not seen from anybody near her stature in Washington. Even the target of her scorn, mr sh*ts for brains himself has more couth and class.