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09-29-2008, 03:55 PM
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#1
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Administrator
Points: 10,750, Level: 68 |
Join Date: Oct 2005
Posts: 1,499
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$700 Billion bailout plan down in flames
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09-29-2008, 04:24 PM
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#2
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Dipped in Platinum
Join Date: Mar 2006
Location: KLANCINNATI
Posts: 1,212
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maybe i'm wrong for feeling this way, but I'm glad they voted against the bailout.... FUCK THEM GREEDY MOTHAFUCCAS!!! I have a feeling that peeps were being reminded of the S&L debacle some years ago by their constituents across the country....
i'd personally like to know where they came up w/ the $700B number in the first place....
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It's disingenuous to pretend there is some philosophical coherence between the GOP of the 19th century and that of the 21st that should command black loyalty. - Leonard Pitts, Jr.
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09-30-2008, 01:00 PM
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#3
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Junior Member
Join Date: Sep 2008
Posts: 2
Credits: 236
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Paulson said something to the effect of "the figure was chosen because it inspired confidence to stock traders" despite the fact that $300B or even $150B was enough to start getting the ball rolling on that.
EDIT: Apparently I can't post links yet. :-\
Last edited by LeisureSuitLarry; 09-30-2008 at 01:04 PM.
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09-30-2008, 02:35 PM
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#4
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Gold Member
Join Date: Sep 2007
Posts: 1,018
Credits: 5,991
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Quote:
Originally Posted by sista
maybe i'm wrong for feeling this way, but I'm glad they voted against the bailout.... FUCK THEM GREEDY MOTHAFUCCAS!!! I have a feeling that peeps were being reminded of the S&L debacle some years ago by their constituents across the country....
i'd personally like to know where they came up w/ the $700B number in the first place....
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I was happy too sis.
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09-30-2008, 11:56 PM
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#5
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Dipped in Platinum
Join Date: Mar 2006
Location: KLANCINNATI
Posts: 1,212
Credits: 4,601
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Quote:
Originally Posted by LeisureSuitLarry
Paulson said something to the effect of "the figure was chosen because it inspired confidence to stock traders" despite the fact that $300B or even $150B was enough to start getting the ball rolling on that.
EDIT: Apparently I can't post links yet. :-\
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so in essence, they just pulled this figure out Paulsen's azz?? wasn't that fucca once the head of Goldman/Sachs and left w/ his own golden parachute??
somebody needs to take a shot at his azz!!!
__________________
It's disingenuous to pretend there is some philosophical coherence between the GOP of the 19th century and that of the 21st that should command black loyalty. - Leonard Pitts, Jr.
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10-01-2008, 02:01 AM
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#6
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Elite Member
Points: 18,450, Level: 86 |
Join Date: Mar 2006
Location: Inglewood, CA
Posts: 7,183
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I have mixed feelings about it. Few would consider it the best solution, and most would agree that it's better than nothing.
Ron Paul thinks the best thing to do is nothing and I wonder if he's onto something...
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