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#1
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![]() Group: Moderators Posts: 2,499 Joined: 23-February 06 From: El Paso Texas Member No.: 32 ![]() |
Since i don't see a topic for this. What do you all think of the bailouts going on right now?
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#2
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![]() Do they ignore parts of reality? Group: Moderators Posts: 2,935 Joined: 23-February 06 From: South Overton!!! Member No.: 46 ![]() |
Hopefully the members of the house will do the right thing again and vote against this measure.
-------------------- A psychotic world we live in. The madmen are in power. How long have we known this? Faced this? And--how many of us do know it? Perhaps if you know you are insane then you are not insane. Or you are becoming sane, finally. Waking up. I suppose only a few are aware of all this. Isolated persons here and there. But the broad masses... what do they think? All these hundreds of thousands in this city, here. Do they imagine that they live in a sane world? Or do they guess, glimpse, the truth...?
-Philip K. Dick |
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#3
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![]() N 0 t h i n g Group: Members Posts: 1,449 Joined: 23-February 06 Member No.: 54 ![]() |
Hopefully the members of the house will do the right thing again and vote against this measure. Generally, allowing your financial system to collapse is a bad idea. -------------------- ![]() |
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#4
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![]() Do they ignore parts of reality? Group: Moderators Posts: 2,935 Joined: 23-February 06 From: South Overton!!! Member No.: 46 ![]() |
Generally, allowing your financial system to collapse is a bad idea. Generally writing henry Paulson a blank check for money Americans don't have is a bad idea. Throwing money at a broken system does not solve the problem, it only prolongs and delays the inevitable collapse. This post has been edited by The Fanatic: Oct 1 2008, 09:17 PM -------------------- A psychotic world we live in. The madmen are in power. How long have we known this? Faced this? And--how many of us do know it? Perhaps if you know you are insane then you are not insane. Or you are becoming sane, finally. Waking up. I suppose only a few are aware of all this. Isolated persons here and there. But the broad masses... what do they think? All these hundreds of thousands in this city, here. Do they imagine that they live in a sane world? Or do they guess, glimpse, the truth...?
-Philip K. Dick |
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#5
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![]() N 0 t h i n g Group: Members Posts: 1,449 Joined: 23-February 06 Member No.: 54 ![]() |
Generally writing henry Paulson a blank check for money Americans don't have is a bad idea. Throwing money at a broken system does not solve the problem, it only prolongs and delays the inevitable collapse. Other than large financial institutions buying bad mortgage backed securities (which they were misled into thinking were sound assets), how is the system broken? Why do you believe, especially after the crisis that is going on, this mistake will be repeated? I do hope you realize that we will not recover from this very quickly. You can kiss goodbye access to low interest loans, because if the largest part of our financial system goes under, the money will not be available to the little guy. Fewer car loans. Fewer home loans. Fewer small business loans. Fewer student loans. Lost jobs. Lots infrastructure. All of which that took 40+ years to develop. A lot of people are going to be affected by this and in a really bad way. I don't know. Seems like a bad plan to me. -------------------- ![]() |
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