So, What will be the straw that breaks the camels back??

[K1052]

Originally posted by: smack Down

Originally posted by: Rainsford
It's a very complicated financial problem, and the average American has displayed pretty much zero understanding of anything involving money. So no, I wouldn't give a shit what the American public thinks if I was running the show either. There is a reason we don't live in a direct democracy, and it's things like this.

To quote McCain "Horse shit". Has finical elitist that you trust shown any understanding of money. All they have shown is how to rob the treasury and get tax payers to say thank you.

I don't think anyone is disputing that regulations became too lax and allowed this to happen.
Given the FBI's interest in the sector as of late I suspect that some heads shall be rolling. Re-regulation in some some form is obviously coming down the pipe as well

The question is what is your anger worth to you:

1) 1 trillion+ $ in loans/purchased securities to soften the economic blow into a hopefully mild recession.

2) 10 to 20 times that amount (or much more depending what happens) lost in the markets and a decade of actual depression.

Crying over the split milk does absolutely no good. Decisions have to be made.

 

[smack Down]

Originally posted by: K1052

Originally posted by: smack Down

Originally posted by: Rainsford
It's a very complicated financial problem, and the average American has displayed pretty much zero understanding of anything involving money. So no, I wouldn't give a shit what the American public thinks if I was running the show either. There is a reason we don't live in a direct democracy, and it's things like this.

To quote McCain "Horse shit". Has finical elitist that you trust shown any understanding of money. All they have shown is how to rob the treasury and get tax payers to say thank you.

I don't think anyone is disputing that regulations became too lax and allowed this to happen.
Given the FBI's interest in the sector as of late I suspect that some heads shall be rolling. Re-regulation in some some form is obviously coming down the pipe as well

The question is what is your anger worth to you:

1) 1 trillion+ $ in loans/purchased securities to soften the economic blow into a hopefully mild recession.

2) 10 to 20 times that amount (or much more depending what happens) lost in the markets and a decade of actual depression.

Crying over the split milk does absolutely no good. Decisions have to be made.

http://en.wikipedia.org/wiki/False_dilemma Look it up. Besides the paulson gift to goldman would do nothing to prevent number 2.

 

[K1052]

Originally posted by: smack Down

Originally posted by: K1052

Originally posted by: smack Down

Originally posted by: Rainsford
It's a very complicated financial problem, and the average American has displayed pretty much zero understanding of anything involving money. So no, I wouldn't give a shit what the American public thinks if I was running the show either. There is a reason we don't live in a direct democracy, and it's things like this.

To quote McCain "Horse shit". Has finical elitist that you trust shown any understanding of money. All they have shown is how to rob the treasury and get tax payers to say thank you.

I don't think anyone is disputing that regulations became too lax and allowed this to happen.
Given the FBI's interest in the sector as of late I suspect that some heads shall be rolling. Re-regulation in some some form is obviously coming down the pipe as well

The question is what is your anger worth to you:

1) 1 trillion+ $ in loans/purchased securities to soften the economic blow into a hopefully mild recession.

2) 10 to 20 times that amount (or much more depending what happens) lost in the markets and a decade of actual depression.

Crying over the split milk does absolutely no good. Decisions have to be made.

http://en.wikipedia.org/wiki/False_dilemma Look it up. Besides the paulson gift to goldman would do nothing to prevent number 2.

What are the alternative outcomes then?

Goldman was the largest of its breed. Letting it founder would have dragged down most of it's counterparts with it. Then the real panic would set in.

 

[Capt Caveman]

Originally posted by: K1052

Originally posted by: smack Down

Originally posted by: K1052

Originally posted by: smack Down

Originally posted by: Rainsford
It's a very complicated financial problem, and the average American has displayed pretty much zero understanding of anything involving money. So no, I wouldn't give a shit what the American public thinks if I was running the show either. There is a reason we don't live in a direct democracy, and it's things like this.

To quote McCain "Horse shit". Has finical elitist that you trust shown any understanding of money. All they have shown is how to rob the treasury and get tax payers to say thank you.

I don't think anyone is disputing that regulations became too lax and allowed this to happen.
Given the FBI's interest in the sector as of late I suspect that some heads shall be rolling. Re-regulation in some some form is obviously coming down the pipe as well

The question is what is your anger worth to you:

1) 1 trillion+ $ in loans/purchased securities to soften the economic blow into a hopefully mild recession.

2) 10 to 20 times that amount (or much more depending what happens) lost in the markets and a decade of actual depression.

Crying over the split milk does absolutely no good. Decisions have to be made.

http://en.wikipedia.org/wiki/False_dilemma Look it up. Besides the paulson gift to goldman would do nothing to prevent number 2.

What are the alternative outcomes then?

Goldman was the largest of its breed. Letting it founder would have dragged down most of it's counterparts with it. Then the real panic would set in.

Just ignore him. He still believes the plane doesn't take off.

 

[Jaskalas]

Originally posted by: dmcowen674

Originally posted by: error162

The Government dont seem to give a shit what the American public thinks or says!!

Apparently the Govenment is gonna do what they want, Regardless of what the people of the United staes of America say.

I dont know about what you think?? But it seems they, The Government , Is seeing how far they can push until it comes to shove !! Just like they did with the war!! And everything else they decide!!

It seems a few rich people can tell you whats best for your whole country

So when do you think its time to do something about the Government??

So when do you think the people of the USA will wake up and grow a set ???????

Americans don't grow a set until they can't afford a Mickey D burger

Americans don't grow a set until they can't afford their cable/Satelite TV shows

Americans don't grow a set until they can't afford their pack of Marlboro cigarettes

Until Americans can't afford their American staples they won't do a damned thing.

Isn?t materialism grand?

 

[Brovane]

Is this really a bailout if the Government makes a profit off this? I see this as a 700 Billion dollar investment in the recovery and strength of the US. There is a good possibility that his could be a profitable venture for the government. It isn't like they are giving away 700 Billion dollars. They are going to buy distressed assets from these banks for a lot less than the face value of the asset. If the economy recovers they stand to make a profit when they resale the asset. That is a big "if" but we don't have much of choice but to believe that the economy will recover.

 

[smack Down]

Originally posted by: K1052

Originally posted by: smack Down

Originally posted by: K1052

Originally posted by: smack Down

Originally posted by: Rainsford
It's a very complicated financial problem, and the average American has displayed pretty much zero understanding of anything involving money. So no, I wouldn't give a shit what the American public thinks if I was running the show either. There is a reason we don't live in a direct democracy, and it's things like this.

To quote McCain "Horse shit". Has finical elitist that you trust shown any understanding of money. All they have shown is how to rob the treasury and get tax payers to say thank you.

I don't think anyone is disputing that regulations became too lax and allowed this to happen.
Given the FBI's interest in the sector as of late I suspect that some heads shall be rolling. Re-regulation in some some form is obviously coming down the pipe as well

The question is what is your anger worth to you:

1) 1 trillion+ $ in loans/purchased securities to soften the economic blow into a hopefully mild recession.

2) 10 to 20 times that amount (or much more depending what happens) lost in the markets and a decade of actual depression.

Crying over the split milk does absolutely no good. Decisions have to be made.

http://en.wikipedia.org/wiki/False_dilemma Look it up. Besides the paulson gift to goldman would do nothing to prevent number 2.

What are the alternative outcomes then?

Goldman was the largest of its breed. Letting it founder would have dragged down most of it's counterparts with it. Then the real panic would set in.

And just throwning money at Goldman does nothing to prevent that in the long run. Any company that is to big to fail must be broken up before anything else is done.

 

[LegendKiller]

Originally posted by: Capt Caveman

Originally posted by: K1052

Originally posted by: smack Down

Originally posted by: K1052

Originally posted by: smack Down

Originally posted by: Rainsford
It's a very complicated financial problem, and the average American has displayed pretty much zero understanding of anything involving money. So no, I wouldn't give a shit what the American public thinks if I was running the show either. There is a reason we don't live in a direct democracy, and it's things like this.

To quote McCain "Horse shit". Has finical elitist that you trust shown any understanding of money. All they have shown is how to rob the treasury and get tax payers to say thank you.

I don't think anyone is disputing that regulations became too lax and allowed this to happen.
Given the FBI's interest in the sector as of late I suspect that some heads shall be rolling. Re-regulation in some some form is obviously coming down the pipe as well

The question is what is your anger worth to you:

1) 1 trillion+ $ in loans/purchased securities to soften the economic blow into a hopefully mild recession.

2) 10 to 20 times that amount (or much more depending what happens) lost in the markets and a decade of actual depression.

Crying over the split milk does absolutely no good. Decisions have to be made.

http://en.wikipedia.org/wiki/False_dilemma Look it up. Besides the paulson gift to goldman would do nothing to prevent number 2.

What are the alternative outcomes then?

Goldman was the largest of its breed. Letting it founder would have dragged down most of it's counterparts with it. Then the real panic would set in.

Just ignore him. He still believes the plane doesn't take off.

Lol, my point exactly. Why should we trust his judgment in something this complex if he can't understand something so simple as the above?

 

[blackangst1]

Originally posted by: error162
So, Even though the majority of the American people have said no to the bailout !! It seems your voices dont matter, Wow, Thats a demrocacy for ya!!!! It sounds that bye the end of the weekend they will have hammered something out with the taxpayers money. They , The Government dont seem to give a shit what the American public thinks or says!! Apparently the Govenment is gonna do what they want, Regardless of what the people of the United staes of America say. I dont know about what you think?? But it seems they, The Government , Is seeing how far they can push until it comes to shove !! Just like they did with the war!! And everything else they decide!! It seems a few rich people can tell you whats best for your whole country, Wow, That sucks!! So when do you think its time to do something about the Government?? Shit, With the amount those asshats make , They, (The Govenment) , could bail out wall street with just 2 months wages!! And its not the first time they have ignored Democrasy, So when do you think the people of the USA will wake up and grow a set ???????

Do you know the difference between a democracy and a republic? We are not the former.

 

[miketheidiot]

Originally posted by: error162
Ps: Its pretty simple, How much longer will you keep gettin FUCKED?? Do you think your government will have the decency to give you a reach-around??????????????????????????

randomly CAPITALIZING words and adding lots of random,,,,, spastic PUNCTUATION really lend credence to serious questions!!!!!!!!!!!!!!!!!!!