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+--- Thread: 700 Billion Dollar Bail Out Plan Does Anyone Care? (/showthread.php?tid=2732)
RE: 700 Billion Dollar Bail Out Plan Does Anyone Care? - Jon - 09-30-2008
Oh yea.... Moore is someone to trust you financial future to...
Transplanted Texan
"I am here to chew bubble gum and kick some *** ... and I'm all out of bubble gum"
RE: 700 Billion Dollar Bail Out Plan Does Anyone Care? - armchairpilot - 09-30-2008
No one with a high school degree could have caused this much economic damage.
Here's my long term solution.... close down every MBA program for the next forty years. Professionals like these we don't need.
RE: 700 Billion Dollar Bail Out Plan Does Anyone Care? - Greg - 09-30-2008
Quote: "Oh yea.... Moore is someone to trust you financial future to.."- jon
_____________________________________________________________________
He's more qualified as a critic than the current gaggle of crooks in the house are qualified to determine our future. (Democrat or Republican)
Even if you don't appreciate his earlier work, all he does here is amplify your opinion in another thread-
Quote: "Just say "no" to the bailout..." -jon
RE: 700 Billion Dollar Bail Out Plan Does Anyone Care? - tada - 09-30-2008
Especially Harvard where GWB went to.
otherwise the Hawaii delegation mindlessly voted "no" citing overwhelming opposition from constituents. Which leads me to think Secretary Paulson has a PR problem citing his "$700 B bailout." correct me if I'm wrong but isn't it more of $700b investment- as the debt obligations mature should be worth more than the original $700b unless the whole country defaults.
Other people want to make friends- I just want to make money.
James Cramer
RE: 700 Billion Dollar Bail Out Plan Does Anyone Care? - Greg - 09-30-2008
Quote:"correct me if I'm wrong but isn't it more of $700b investment" -tada
I think of it more as an insurance policy where we pay for the rich incompetants to maintain their "lifestyle".
"just say no to the bailout"
"It's a short step from the limo to the gutter" -Kinky Freidman
RE: 700 Billion Dollar Bail Out Plan Does Anyone Care? - Jon - 09-30-2008
quote:
Originally posted by Greg
Quote: "Oh yea.... Moore is someone to trust you financial future to.."- jon
_____________________________________________________________________
He's more qualified as a critic than the current gaggle of crooks in the house are qualified to determine our future. (Democrat or Republican)
Even if you don't appreciate his earlier work, all he does here is amplify your opinion in another thread-
Quote: "Just say "no" to the bailout..." -jon
I know, please don't rub my face in it [
]Transplanted Texan
"I am here to chew bubble gum and kick some *** ... and I'm all out of bubble gum"
RE: 700 Billion Dollar Bail Out Plan Does Anyone Care? - tada - 09-30-2008
How are you going to save Main Street without saving Wall Street???
Otherwise there's another solution for affordable housing-
http://www.affordableportablehousing.com/altercomm.html
Other people want to make friends- I just want to make money.
James Cramer
RE: 700 Billion Dollar Bail Out Plan Does Anyone Care? - hikatz - 09-30-2008
Reuters 9/17/08 $900 billion so far (http://www.cnbc.com/id/26751385 figures do not include $25 billion just approved for the automakers (http://usnews.rankingsandreviews.com/cars-trucks/daily-news/080929-Auto-Bailout-Passes-Big-Three-to-Get-Big-Check-from-Uncle-Sam/) Now they think another $700 billion is going to solve this crisis. This is ludicrous, enough already!
RE: 700 Billion Dollar Bail Out Plan Does Anyone Care? - Hotzcatz - 09-30-2008
quote:
Originally posted by tada
How are you going to save Main Street without saving Wall Street???
Easy, have the government take over the loans of all folks whose primary residence is in a default mortgage. Give them a fixed rate 30 year loan at reduced interest rates and let them pay off the mortgage and stay in their home. Waive all late fees incurred from this sub-prime mess and give them the kind of mortgage they thought they were signing up for in the first place. If they are late on a mortgage for anything other than their primary residence then let whoever gave them the money foreclose on them.
RE: 700 Billion Dollar Bail Out Plan Does Anyone Care? - DickWilson - 09-30-2008
I agree Hotzcatz, with caveat that it must be a home they can afford using normal mortgage loan parameters. If you make 60K a year and you are in a 750K house, Oh well. There is now way you can afford it and taxpayers shouldn't pay for your stupidity. Otherwise I think it's the answer.
dick wilson