It is NOT a Bailout !!!!!!

[C-Gold]

That's because thats the easy thing to do...blame Bush. I am no Bush fan (even though I voted for him twice) but the blame for this debacle does not fully belong on his doorstep. If memory serves, it was slick Willy who eased the restrictions on Fannie & Freddie which poured gasoline on this smoldering fire.

It is real easy to point your finger at Bush and I didn't vote for him once. It all goes back to the simplify everything to a one word answer for the dumb masses...

Government needs _____ Change
Wallstreet _______ Greed
Financial ______ Handout
Financial ______ Bailout
America needs _____ hope
Republicans are ______ More of the same
Democrats are _______ Change
Experience = _______ more of the same
Inexperince equals _______ change


Slick willy wanted gov programs that made it easier for poor minorities to buy a home... I am not blaming that program for the easy credit and the crisis... but he didn't help.

 

[C-Gold]

I didn't mean to imply you thought it was a handout C-gold, just that when you were yelling it wasn't a bailout what you were saying is it wasn't a handout. Nit picking? Maybe, but I have been going round and round with a lot of people the past week, and semantics always seems to get in the way.

I don't consider it a bailout, I'd call it more of a BUY OUT, but yes, the semantics are there. I just feel the media wants to use the exact word that inflicts the most pain/emotion. They want to piss people off.

The market for ignorant financial news is huge.

 

[C-Gold]

You guy see Buffet and Goldman Sachs?

 

[desrat]

The market for ignorant financial news is huge.

Wrong

The market for ignorant news is huge.

But that is a story for another day...

 

[quot7quot]

You guy see Buffet and Goldman Sachs?

yes, what's your point? Warren is an Obama supporter...how smart can he be?

:nohead:

 

[tiznow]

You guy see Buffet and Goldman Sachs?

another example another rule change

now GS has FDIC backing and will be treated like a commercial bank

plus warren getting 10% divy with the preferred shares....probably bad deal for current investors

chances are GS hedging itself a bit in case hanktator has problems getting as much power as he wants

 

[C-Gold]

Wrong

The market for ignorant news is huge.

But that is a story for another day...

Agreed