TheBrutalTruth
Well-Known Member
Just curious if there is any one here that supports the bail out of Wall Street and AIG.
Poll: Does any one here support the bank bail out?
- Thread starter TheBrutalTruth
- Start date
misshestermoffitt
New Member
I say hell no, especially AIG, they're an insurance company, if they can't stay afloat during day to day business, they're never going to be able to payout on claims if there is a disaster.
TeaTreeOil
Well-Known Member
Absolutely not.
No Way its just stupid or as DocPot would say "its counter intuitive." Anyway why did we buy stock in them. We have now nationalized them. Meanwhile City bank has plunged below $1 today not good it will be a penny stock LOL. It was trading at $65 just three years ago and every time this administration opens its mouth the whole damn market losses 250 points LOL.
I love it, yes lets borrow some more money and burn it trying to prop up zombie banks. I think once we hit about 17 trillion in Debt we are threw. We're at about 11 trillion now lets see if my uneducated guess is right. I figure 4 years of Obamanomics will crash the system and it will be right there in all their faces. They will try to sell a new system but if it is based in Keyneisian economics it should die by fire, burn it down!!
I love it, yes lets borrow some more money and burn it trying to prop up zombie banks. I think once we hit about 17 trillion in Debt we are threw. We're at about 11 trillion now lets see if my uneducated guess is right. I figure 4 years of Obamanomics will crash the system and it will be right there in all their faces. They will try to sell a new system but if it is based in Keyneisian economics it should die by fire, burn it down!!
misshestermoffitt
New Member
The bankers should sell their personal assets and pump the money back into their business. That's how capitolism is supposed to work, you dine at the trough during the good years and you suck it up and sell stuff off to make ends meet during the bad years.
Nobody is bailing me out. If I couldn't make ends meet, I'd be expected to sell off personal assets to do it. Why should they be any different? If they sold a couple of extra homes and downsized their car, would they really die?
Nobody is bailing me out. If I couldn't make ends meet, I'd be expected to sell off personal assets to do it. Why should they be any different? If they sold a couple of extra homes and downsized their car, would they really die?
medicineman
New Member
Ilkan says:
It was trading at $65 just three years ago and every time this administration opens its mouth the whole damn market losses 250 points LOL.
So, you are actually blaming this disaster on Obama? What a tard.
It was trading at $65 just three years ago and every time this administration opens its mouth the whole damn market losses 250 points LOL.
So, you are actually blaming this disaster on Obama? What a tard.
Twistyman
Well-Known Member
That amazes me how people piss and moan that he's not doing this or that but it did take Bush 8 years to screw the whole thing..so maybe giving Obama a month or two might be fair....I vote no ... and you are a tard if you blame Obama for the mess the bush regime made
As for these bailouts, the problem I see is that these companies have got their hands into every pie to make a dollar, and in time of crisis they can't even fulfill their main obligations...
How about those darlings that have started a company to buy up all the defaulted houses to flip.. the very gang that cost people their homes now buy those homes to reap more money... Kind of like your dealer making you keep him high....
Twistyman
Well-Known Member
Thats crap.... just as in Canada.. the Conservatives were handed a surplus and squandered it.... you want debt vote right... you want surplus vote liberal....
angelsbandit
Well-Known Member
"How about those darlings that have started a company to buy up all the defaulted houses to flip.. the very gang that cost people their homes now buy those homes to reap more money... Kind of like your dealer making you keep him high...."
The ones who caused folks to lose their homes are the ones who bought a home they could not afford, and the ones who took out seconds on their home to buy a Porshe or a big screen TV.
Yes - the same ones who say they were tricked somehow, "it is not their fault" it must be my fault for not being an idiot like them - since it is me paying for their dumb asses.
The ones who caused folks to lose their homes are the ones who bought a home they could not afford, and the ones who took out seconds on their home to buy a Porshe or a big screen TV.
Yes - the same ones who say they were tricked somehow, "it is not their fault" it must be my fault for not being an idiot like them - since it is me paying for their dumb asses.
Twistyman
Well-Known Member
But its like a dealer asking if you'll front a pound when he know that you'll smoke it.. of course these people shouldn't have fronted homes but thats EXACTLY what the sharks wanted them to do... who do you know that hasn't taken an offered item even when they know they can't afford it...
Isn't that why all these bankers..etc went to Harvard and places.. to be smart enough to avoid such obviously poor credit risks...
If you watch a man drown then steal his shoes you're the problem, not the drowning man..
Plus why is it acceptable to pay off the smart peoples (bankers) bad business practice yet not an ordinary persons... Oh yeah I forgot.. thats the Republican way..... help rich..fuck poor.... if they're stupid enough to be poor...
hom36rown
Well-Known Member
ok, there is much more involved here than our budget. also, the national debt went up every year under clinton. So he made a lot of tax revenue from the dot com bubble, im supposed to be impressed?
TheBrutalTruth
Well-Known Member
No, it's the politicians way, if it was just the Republicans, then why is Obama continuing it?
Another G$30 to AIG?
GM and Chrysler asking for another G$14
Oh, yeah, it must be the Republicans...
Never mind that it was a mix of Republicans and Democrats that supported it (mostly Democrats.)
Politicians, Bureaucrats and Lawyers - The three classes that should not exist.
Twistyman
Well-Known Member
Only if you consider it better than losing it on the Iraq war bubble......
Twistyman
Well-Known Member
I detest all politicians......
