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Old 09-24-2008, 06:21 PM
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Default Bush has spoken - what do you think?

Express yourselves here.
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Old 09-24-2008, 06:29 PM
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Default He said what he had to !!!

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Originally Posted by Frolicking Dinosaurs View Post
Express yourselves here.
He said what he had to !!! The devil is in the details but I want to give him the benefit of the doubt. The realties are that actions ned to be taken or this financial crises will turn into an economic crises. We have to act, we cannot wait for the FERFECT SOLUTION becasue if we wait too long we will unleash THE PERFECT FINANCIAL STORM !!

An intelligent compromise needs to be reached!!!!

We can sort out the WHO DONE ITS LATER, !!!!1
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Old 09-24-2008, 06:30 PM
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As usual the delivery style was like he'd been kicked in the head by a horse a few times. But he's right - the bailout needs to happen.
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Old 09-24-2008, 06:31 PM
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Default WHATEVER the solution we reach

we will have to understand that our free market system will be less free tomorrow than it was today !!! The ideological purists will cry 'socilaism" well yes it is, it's Wall Street Socialism !!! Like it or not that is the reality !!!!
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Old 09-24-2008, 06:55 PM
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It sounds like Bush want to do the bailout independent of any oversight or regulation. As i understand it this is the sticking point with Congress. The amount of the bailout is a second sticking point.

Personally, I don't think the banks will go down if this isn't done by Friday and I'm not sure the amount of money proposed is needed to do this. I would also like to see oversight and regulation be part of the bailout - and for institutions that violate those regs to have to pay back the bailout cash.
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Old 09-24-2008, 07:06 PM
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Its a situation where there is no good solution only bad or worse. The bailout I think is bad but necessary considering where we are even though I'm in principal against bailouts. The worse is the status quo. I think everyone should stop the blame game and have a solution b/c quit frankly both political parties are to blame along with the banks and Freddy Mac and Fanny Mae and the people who bought mortgages they couldn't afford. There is too much blame to go around.
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Old 09-24-2008, 07:06 PM
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Didn't get to see it, still no tv reception.
But from what I've been able to follow via internet, I think there has to be a limit on what the CEOs get to carry away from all this.
And I would feel more like it means something if there is protection in there for the people. The actual people, not just the banks, insurance companies, etc...who had and lost millions upon millions.

And oh mercy yes, there needs to be oversight and regulation attached to this. Good Lord, that's like me turning my ATM card over to the eleven year old, setting him lose at Game Stop and telling him, "here have fun!" and then being surprised when the bill comes in.
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Old 09-24-2008, 07:14 PM
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I have restocked my supply of 'personal lubricant' and I'm ready for the usual.

Why didn't I get my goldbrickin ass into about 6 bum loans? Too honest, I guess.
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Old 09-24-2008, 08:06 PM
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Default He's a good, obedient son

"W" did exactly what his Daddy, Cheney, and the international financial globalists told him to do -- get out there and try to sell this illegal, immoral, unconstitutional bailout to a nation full of dumbed-down, poorly-educated, gullible credit addicts. It was probably the easiest thirteen minutes of work he's ever put in.
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Old 09-25-2008, 08:56 AM
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Quote:
Originally Posted by Pollycy View Post
"W" did exactly what his Daddy, Cheney, and the international financial globalists told him to do -- get out there and try to sell this illegal, immoral, unconstitutional bailout to a nation full of dumbed-down, poorly-educated, gullible credit addicts. It was probably the easiest thirteen minutes of work he's ever put in.
So Paulson and Bernie are "dumbed-down, poorly-educated". Really.... What is your background that is so superior you can say this?
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