Holy sh!%

kristopherl · Sep 29, 2008

bdub85 said: ↑

I'm glad the Repubs came through and killed that bailout bill. The bailout bill is unacceptable IMO. 700 freaking billion dollars of our (the taxpayers) money to help people and companies who made dumb dumb dumb financial decisions is laughable. These people should have to pay the consequences for taking a mortgage they knew they couldn't afford. And, the mortgage companies should face the consequences for giving out all this money hand and fist to high risk people.
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bdub85 said: ↑

That is a matter of national security though, and it has helped create jobs.

Giving 700 billion back to companies who screwed up is ridiculous. Pumping in billions of dollars into a free market will cause nothing but trouble. The market has to correct itself as painful as it might be.
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+1
I can't understand how people can't see why this buyout is such a bad plan. Its not just tax payers money... it's money we don't even have!!!! The government would be borrowing the money with interest from the Federal Reserve and borrowing from other contries to do this. VERY BAD plan!

nd · Sep 30, 2008

bdub85 said: ↑

I'm glad the Repubs came through and killed that bailout bill. The bailout bill is unacceptable IMO. 700 freaking billion dollars of our (the taxpayers) money to help people and companies who made dumb dumb dumb financial decisions is laughable. These people should have to pay the consequences for taking a mortgage they knew they couldn't afford. And, the mortgage companies should face the consequences for giving out all this money hand and fist to high risk people.
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AMEN!!!

NAAC3TACO said: ↑

Between my equity losses and my 401k losses I'm depressed. I'm more depressed that nobody on Wall st. or Congress is going to jail. Congress deregulated the banks, the greedy bastards on Wall st. got their big bonuses, and the rest of us are getty screwed royally. Now we have to pay for it? F that.
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I agree, one of my 401k's is in the toilet. I'm not looking for handouts or my money back, i just want the idiots who fucked up our market with shoddy lending and business practices to spend some time in prison. i dont want a handout, i want someone to answer for their stupidity/greed

beastlytaco · Sep 30, 2008

just saw the dow looked like it went up 400 some points today.

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Holy sh!%

#21
kristopherl AKA: Jake the Wolf

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nd Radical Town. It's a hell of a place!

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Holy sh!%

#21 kristopherl AKA: Jake the Wolf

#22 nd Radical Town. It's a hell of a place!

#23 beastlytaco [OP] Well-Known Member

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#21
kristopherl AKA: Jake the Wolf

#22
nd Radical Town. It's a hell of a place!

#23
beastlytaco [OP] Well-Known Member

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