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Author Topic: 700 Billion dollar bail out.  (Read 21379 times)

BALDANDRE

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Re: 700 Billion dollar bail out.
« Reply #75 on: September 29, 2008, 06:41:24 PM »
With all this shight, I feel like Jack and Rose at the end of Titanic...

When the ship's goin' down and Leonardo De Caprio says here we go....

take a deep breath!

When did I sign up for a trip on the Titanic...geez...not fun times?!? :D
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Offline Paul

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Re: 700 Billion dollar bail out.
« Reply #76 on: September 29, 2008, 06:43:57 PM »
Two words......Social...Darwinism.    Those institutions and people not capable of surviving, shouldn't.
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Offline Timmay

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Re: 700 Billion dollar bail out.
« Reply #77 on: September 29, 2008, 06:49:21 PM »
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Offline Robmeister

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Re: 700 Billion dollar bail out.
« Reply #78 on: September 29, 2008, 07:11:16 PM »
Quote from: hammerdrill376 on September 29, 2008, 06:09:47 PM
And as usual in Washington no one wants to take responsibility and so let the blame games begin :Xo!

Yep !   Even in a bi-partisan proposal  :/O
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Offline champ007

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Re: 700 Billion dollar bail out.
« Reply #79 on: September 29, 2008, 07:47:05 PM »
IMO and I strongly mean IMO, I look at the billions of dollars thats pissed away elsewhere and think why is the American taxpayers money even considered to be used to bailout these SOB's.
Look at the money that is spent on non-citizens in medical when myself or my kid would be turned away if we don't have insurance... the billions in federal money given away to stupid sh*t like the polygamous group in texas that built the millions of dollars whore house. Then we spend millions of dollars to investigate these a-holes in Washington after the fact.
They have other places they can get money to bailout rather than my pockets. Hell, put a Nasa project off a couple years... I ain't lost sh*t on mars!!!!  :XX

Just a thought!
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Offline Robmeister

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Re: 700 Billion dollar bail out.
« Reply #80 on: September 29, 2008, 07:59:52 PM »
Quote from: champ007 on September 29, 2008, 07:47:05 PM

... I ain't lost sh*t on mars!!!!  :XX


 :*)) :*))
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Offline nomad

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Re: 700 Billion dollar bail out.
« Reply #81 on: September 29, 2008, 08:23:15 PM »
Quote from: champ007 on September 29, 2008, 07:47:05 PM
IMO and I strongly mean IMO, I look at the billions of dollars thats pissed away elsewhere and think why is the American taxpayers money even considered to be used to bailout these SOB's.
Look at the money that is spent on non-citizens in medical when myself or my kid would be turned away if we don't have insurance... the billions in federal money given away to stupid sh*t like the polygamous group in texas that built the millions of dollars whore house. Then we spend millions of dollars to investigate these a-holes in Washington after the fact.
They have other places they can get money to bailout rather than my pockets. Hell, put a Nasa project off a couple years... I ain't lost sh*t on mars!!!!  :XX

Just a thought!

amen brother


 :*)) :*)) :*))
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Offline schro

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Re: 700 Billion dollar bail out.
« Reply #82 on: September 29, 2008, 08:32:44 PM »
Quote from: buddha on September 29, 2008, 03:03:00 PM
4pm Monday, NPR (WI) just announced that the bailout bill has just been defeated.....BY THE REPUBLICANS! What does that tell ya? His own party told him to get effed. I guess we'll see what happens.

Sorry, I know I am breaking a rule here, but this post is purely two points of fact:
#1. What would you expect NPR to say?
#2. There are enough Democrats in the House to pass this by themselves. They didn't need a SINGLE Republican vote if they voted on party lines.

So, given the two above, to blame the Republicans for this is shameful partisanship.  >:(
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Offline Mikekoz13

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Re: 700 Billion dollar bail out.
« Reply #83 on: September 29, 2008, 08:36:34 PM »
Quote from: schro on September 29, 2008, 08:32:44 PM
Quote from: buddha on September 29, 2008, 03:03:00 PM
4pm Monday, NPR (WI) just announced that the bailout bill has just been defeated.....BY THE REPUBLICANS! What does that tell ya? His own party told him to get effed. I guess we'll see what happens.

Sorry, I know I am breaking a rule here, but this post is purely two points of fact:
#1. What would you expect NPR to say?
#2. There are enough Democrats in the House to pass this by themselves. They didn't need a SINGLE Republican vote if they voted on party lines.

So, given the two above, to blame the Republicans for this is shameful partisanship.  >:(



SCHRO........... the voice of reason.  O0
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Offline tomgallagher

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Re: 700 Billion dollar bail out.
« Reply #84 on: September 29, 2008, 08:55:01 PM »
Quote from: schro on September 29, 2008, 08:32:44 PM
Quote from: buddha on September 29, 2008, 03:03:00 PM
4pm Monday, NPR (WI) just announced that the bailout bill has just been defeated.....BY THE REPUBLICANS! What does that tell ya? His own party told him to get effed. I guess we'll see what happens.

Sorry, I know I am breaking a rule here, but this post is purely two points of fact:
#1. What would you expect NPR to say?
#2. There are enough Democrats in the House to pass this by themselves. They didn't need a SINGLE Republican vote if they voted on party lines.

So, given the two above, to blame the Republicans for this is shameful partisanship.  >:(


LOL...I wasn't going to say anything but....
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BALDANDRE

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Re: 700 Billion dollar bail out.
« Reply #85 on: September 29, 2008, 09:30:04 PM »
Thing is...it's not only bailing out the SOB's...

this will effect us ALL!

Jobs, savings, 401k retirement funds, non 401 k retirement funds, federal money available, local money being spent..

and more importantly peoples comfort level on their futures...

it's a big deal and a trickle affect...

we will ALL feel this..

even if you don't have a cent in savings or a retirement fund..

Let's hope something can be worked out!
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Offline andrew

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Re: 700 Billion dollar bail out.
« Reply #86 on: September 29, 2008, 10:23:28 PM »
It's frightening to think about how the terrible politicians that got us into this mess (both parties) are the same ones attempting to get us out of it.  I have no confidence in their ability to do so.

Granted, it's primarily the actions of the large financial institituions that did the most damage, but the lack of proper government oversight and policies allowed the abuse to take place.

Here's a real-life example:  The guy who was supposed to sell me his house last week and backed out at the last minute, did so because he had zero equity in the house. (long story)  But, the biggest (of several) reason for this was that he given a negative-amortization mortgage at age 45.  That is simply rediculous. These mortgages result in the amount of principle owed increasing instead of decreasing over time.  They are only applicable for seniors, where the life expectancy of the person is less than the term of the loan.

So, this guy's mortgage principle kept going up until it reached the point where the amount owed exceeded the fair market value.   It should be illegal to sell one of these mortgages to someone under 60 or maybe even 70.

Now, this guys intends to just it go to foreclosure and those of us that pay our bills on time are expected to bail them out.
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Offline marshd1000

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Re: 700 Billion dollar bail out.
« Reply #87 on: September 29, 2008, 11:25:30 PM »
Quote from: BALDANDRE on September 29, 2008, 09:30:04 PM
Thing is...it's not only bailing out the SOB's...

this will effect us ALL!

Jobs, savings, 401k retirement funds, non 401 k retirement funds, federal money available, local money being spent..

and more importantly peoples comfort level on their futures...

it's a big deal and a trickle affect...

we will ALL feel this..

even if you don't have a cent in savings or a retirement fund..

Let's hope something can be worked out!

Amen Andre!

I gotta tell you, that I despise both parties because of their partisan politics.  They need to grow up, get over it and do the right thing.  Or is it more important to have it only their way when in reality it is going to hit the little guy in a big way?  I wish they would get over themselves and cut the Bull@#%t and get the job done!
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Offline buddha

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Re: 700 Billion dollar bail out.
« Reply #88 on: September 29, 2008, 11:38:33 PM »
Quote from: schro on September 29, 2008, 08:32:44 PM
Quote from: buddha on September 29, 2008, 03:03:00 PM
4pm Monday, NPR (WI) just announced that the bailout bill has just been defeated.....BY THE REPUBLICANS! What does that tell ya? His own party told him to get effed. I guess we'll see what happens.

Sorry, I know I am breaking a rule here, but this post is purely two points of fact:
#1. What would you expect NPR to say?
#2. There are enough Democrats in the House to pass this by themselves. They didn't need a SINGLE Republican vote if they voted on party lines.

So, given the two above, to blame the Republicans for this is shameful partisanship.  >:(


Sorry Schro, it's not about blaming anybody, it's about a factual count. The number of Republicans who voted Nay on the bill was greater than the number of Dems. Conversely, the number of Dems voting Yea on the bill was greater than the number of GOPers. I applaud the Republicans in the house for voting this abortion down. Now, if the Dems follow suit we might get something fair.
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Offline schro

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Re: 700 Billion dollar bail out.
« Reply #89 on: September 30, 2008, 08:26:16 AM »
Quote from: buddha on September 29, 2008, 11:38:33 PM
Quote from: schro on September 29, 2008, 08:32:44 PM
Quote from: buddha on September 29, 2008, 03:03:00 PM
4pm Monday, NPR (WI) just announced that the bailout bill has just been defeated.....BY THE REPUBLICANS! What does that tell ya? His own party told him to get effed. I guess we'll see what happens.

Sorry, I know I am breaking a rule here, but this post is purely two points of fact:
#1. What would you expect NPR to say?
#2. There are enough Democrats in the House to pass this by themselves. They didn't need a SINGLE Republican vote if they voted on party lines.

So, given the two above, to blame the Republicans for this is shameful partisanship.  >:(


Sorry Schro, it's not about blaming anybody, it's about a factual count. The number of Republicans who voted Nay on the bill was greater than the number of Dems. Conversely, the number of Dems voting Yea on the bill was greater than the number of GOPers. I applaud the Republicans in the house for voting this abortion down. Now, if the Dems follow suit we might get something fair.

No apologies necessary, Buddha. I know you were only pointing out what NPR said.
I was just incensed about the reasons being thrown around as to why this did not pass.
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