Posted 2008-09-30 9:48 AM (#92343 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Location: Central Arkansas
I watched the youtube video yesterday. It really has me thinking about not trading for a larger LQ trailer but to keep my "PAID 4"! I tell you, this crisis scares me. It is a reality check to say the least.
Posted 2008-09-30 10:51 AM (#92345 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Expert
Posts: 2957 Location: North Carolina
There is scare talk going on about the "next" Depression if we taxpayers don't bail-out the banks...
I submit the Depression of yore were bank failures sweeping people's savings into thin air. Today's bank failures are sweeping credit away. I might consider that a good result. Save instead of spend what you don't have.
Posted 2008-09-30 11:13 AM (#92348 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Member
Posts: 15
Location: Central nowhere
WELL HELL'S FIRE,THIS HERE IS THE REASON MY DADDY TAUGHT ME TO BURY MY MONEY IN THE BACKYARD !!!!.THEM DARN BANKS AIN'T GONNA GET MY SAVIN'S !!.BANKERS,LAWYERS,POLITICIANS, CAN'T TRUST NONE OF THEM !!!DADDY TOLD ME,GOD REST HIS SOUL, THAT IF YOU EARN IT,KEEP IT IN MOTHER EARTH THAT WE LIVE ON AND SHE WILL NOT LET YOU DOWN.MY DADDY WAS A WISE MAN LOOKS LIKE
Posted 2008-09-30 11:49 AM (#92354 - in reply to #92348) Subject: RE: $700 BILLION........................................................ warning this is about polit
Expert
Posts: 2957 Location: North Carolina
Originally written by Buckwild on 2008-09-30 1:13 PM
WELL HELL'S FIRE,THIS HERE IS THE REASON MY DADDY TAUGHT ME TO BURY MY MONEY IN THE BACKYARD !!!!.THEM DARN BANKS AIN'T GONNA GET MY SAVIN'S !!.BANKERS,LAWYERS,POLITICIANS, CAN'T TRUST NONE OF THEM !!!DADDY TOLD ME,GOD REST HIS SOUL, THAT IF YOU EARN IT,KEEP IT IN MOTHER EARTH THAT WE LIVE ON AND SHE WILL NOT LET YOU DOWN.MY DADDY WAS A WISE MAN LOOKS LIKE
Yeah ... The bankers won't get ya money if'n it's in ya backyard ... The Gov'mint tax collectors will get either ya money or ya backyard.
Posted 2008-09-30 12:41 PM (#92358 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Veteran
Posts: 219 Location: Mt. Clemens, MI 48043
This has been going on for over 6 months. When the government saved the first bank (forgot name). I keep telling people that the banks are protected but that does not mean you get your money right away. My grandmother lost all her money so she used the credit union and instructed me to use it to. She also had a bank account but just for bills. Congress and the Senate should realize that they should be fighting for the same reason - to help out the taxpayers. This happened only once during the Depression. I really have the just wait it out attitude. When you have nothing, you can't give nothing. So have the Donkey kick that to the IRS, Senate, and Congress and by the way see what comes out of the Elephant.
Posted 2008-09-30 3:15 PM (#92363 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Posted 2008-09-30 4:01 PM (#92369 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Expert
Posts: 1283 Location: Home of Wild Turkey Whiskey
That's funny they killed the video, there must have been to much truth in it.
Posted 2008-09-30 7:53 PM (#92383 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Posted 2008-09-30 8:38 PM (#92384 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Expert
Posts: 1723 Location: michigan
This is a treasure of good information- must viewing. I wonder how gard is gonna spin this one?
Posted 2008-10-01 5:39 AM (#92401 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Elite Veteran
Posts: 1069 Location: MI.
I wish it would play a little slower. I couldn't thoroughly read everything. That bothers me.......
Posted 2008-10-01 6:05 AM (#92402 - in reply to #92401) Subject: RE: $700 BILLION........................................................ warning this is about polit
Expert
Posts: 1283 Location: Home of Wild Turkey Whiskey
Originally written by Gone on 2008-10-01 5:39 AM
I wish it would play a little slower. I couldn't thoroughly read everything. That bothers me.......
You can stop it along the way. When you do, it becomes even more alarming.
Posted 2008-10-01 7:19 AM (#92405 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Veteran
Posts: 296 Location: Tennessee
Remember when Enron collapsed and Lay, Skilling, Fastow and the rest got hauled in front of congress? Think we will see Raines and his ilk hauled out in front of congress? Not likely with these folks in the majority:
Posted 2008-10-01 9:02 AM (#92411 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Posted 2008-10-01 9:09 AM (#92412 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Expert
Posts: 2957 Location: North Carolina
After seeing the above contribution lists, Paraphrasing a bit ...
Voting for Obama is like hiring an arsonist to fight a house fire.
Posted 2008-10-01 10:21 AM (#92414 - in reply to #92412) Subject: RE: $700 BILLION........................................................ warning this is about polit
Elite Veteran
Posts: 720 Location: Never miss a good chance to shut up.
Good video - both of them. The "Burning Down the House" video was up only a couple of days when they yanked it for music copyright infringements, even though the "Fair Doctrine Act" would have protected it.
This is NOT a problem started by both parties. It was the democrats who put the easy credit plans in place to help more people afford housing, and regulation oversight was kind of - ignored. The repbublicans tried several years ago to put the brakes on. Both Bush and McCain. They were literally cursed.
Posted 2008-10-01 11:03 AM (#92416 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Elite Veteran
Posts: 1069 Location: MI.
Have any of you checked your 401k? Over $30,000 down..........I'm going to get a drink.
Posted 2008-10-01 11:10 AM (#92417 - in reply to #92416) Subject: RE: $700 BILLION........................................................ warning this is about polit
Expert
Posts: 1283 Location: Home of Wild Turkey Whiskey
Originally written by Gone on 2008-10-01 11:03 AM
Has any of you checked your 401k? Over $30,000 down..........I'm going to get a drink.
This "bailout" is not going to help that. Unless you are invested in banks.
Posted 2008-10-01 11:52 AM (#92418 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Expert
Posts: 1723 Location: michigan
Does this mean Washington Mutual will forget I owed some money on my Visa card????
Posted 2008-10-01 12:15 PM (#92419 - in reply to #92418) Subject: RE: $700 BILLION........................................................ warning this is about polit
Veteran
Posts: 296 Location: Tennessee
They might, but JP Morgan Chase probably won't LOL.
Posted 2008-10-01 12:40 PM (#92421 - in reply to #92418) Subject: RE: $700 BILLION........................................................ warning this is about polit
Elite Veteran
Posts: 1069 Location: MI.
Originally written by farmbabe on 2008-10-01 12:52 PM
Does this mean Washington Mutual will forget I owed some money on my Visa card????
Posted 2008-10-01 8:47 PM (#92426 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Extreme Veteran
Posts: 544 Location: Claxton, Ga.
Well, you know when you hear certain people talk only lies come out of there mouth..... Yeap, that is Obama.
Posted 2008-10-01 9:13 PM (#92428 - in reply to #92426) Subject: RE: $700 BILLION........................................................ warning this is about polit
Expert
Posts: 2615
I saw this guy's user name the other day on the Topix,and it was "NoBama".I thought that was a good one!
Posted 2008-10-01 10:17 PM (#92431 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Expert
Posts: 1877 Location: NY
we all have to hang on ,keep your hands in the car at all times and wait for the car to come to a complete stop before doing anything
Posted 2008-10-02 11:04 AM (#92447 - in reply to #92341) Subject: RE: $700 BILLION........................................................ warning this is about polit
Regular
Posts: 88 Location: beaumont texas
i certainly don't profess to understand all the nuances about this situation. however, i do understand that if i can't pay off my credit cards each month, then i don't buy whatever it is i THINK i need (or whatever the media/advertising people are telling me i need.) my kids whine because we shop for their clothes at sam's club, target, etc. we don't drive fancy cars or trucks. our house is paid for, our cars are paid for. sure, we all want nice things (in my case it would be a bigger trailer, a fancier horse) but if i don't have the money for it, guess what, i don't get it. so now my tax dollars will go to bail out lots of folks living beyond their means??? divide up that $700 billion among every legal american adult and, even after paying taxes on it, i could run out and go get that new trailer...
i am sure it is much more complicated than that, but still...
$700 BILLION........................................................ warning this is about politics.
