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09-26-2008, 03:16 PM
| #31 | |
| Franchise Player  Join Date: Mar 2004 Location: 31 Spooner St. Age: 38
Posts: 9,534
| Re: $700 B Bailout Quote:
Although, on a side note, it does seem the government is using real estate to make a profit. If they buy all the notes, eventually the people will buy, and will buy at market price, meaning the gov. "SHOULD" make a profit.
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09-26-2008, 03:36 PM
| #32 |
| \m/   Join Date: Feb 2004 Age: 40
Posts: 72,722
| Re: $700 B Bailout I wish I could speak on what exactly brought AIG down. We had an online townhall meeting yesterday with our CEO and I specifically asked if he could explain what credit swaps are and how it caused this crisis and my email went unanswered. |
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09-26-2008, 05:26 PM
| #33 | |
| Playmaker  Join Date: Feb 2004
Posts: 4,434
| Re: $700 B Bailout Quote:
__________________ "All natural institutions of churches, whether Jewish, Christian, or Turkish, appear to me no other than human inventions, set up to terrify and enslave mankind, and monopolize power and profit." Thomas Paine | |
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09-26-2008, 08:31 PM
| #34 | |
| Mad Men   Join Date: Feb 2004
Posts: 43,105
| Re: $700 B Bailout Quote:
__________________ You're So Vain...You Probably Think This Sig Is About You | |
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09-26-2008, 08:33 PM
| #35 |
| Mad Men Join Date: Feb 2004
Posts: 43,105
| Re: $700 B Bailout This thread needs Schneed's contribution
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09-26-2008, 09:33 PM
| #36 |
| The Starter  Join Date: Apr 2004 Location: New Mexico
Posts: 1,004
| Re: $700 B Bailout 
__________________ Despite my solid 40 time and great intangibles I went undrafted AGAIN! |
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09-27-2008, 05:18 AM
| #37 | |
| MVP  Join Date: Oct 2005 Location: lancaster,pa Age: 51
Posts: 10,442
| Re: $700 B Bailout Quote:
__________________ "It's better to be quiet and thought a fool than to open ones mouth and remove all doubt." courtesy of 53fan | |
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09-27-2008, 09:34 AM
| #38 | |
| Contains football related knowledge  Join Date: Mar 2004 Location: Second Star On The Right Age: 50
Posts: 7,164
| Re: $700 B Bailout Quote:
__________________ My Little Pony: Friendship is magic? or ... a repressive matriarchal society where individuals' roles are defined by their immutable physical characteristics and governance is reserved for those who demonstrate the genetic purity of the pony master race? | |
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09-27-2008, 01:02 PM
| #39 | |
| Mad Men Join Date: Feb 2004
Posts: 43,105
| Re: $700 B Bailout Quote:
Schneed has a very keen grasp of the financial industry and explains it very well, from the personal to the corporate/national levels. His knowledge adds tremendous value to these parking lot threads, if you're willing to listen.
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09-27-2008, 01:32 PM
| #40 | |
| Playmaker Join Date: Feb 2004
Posts: 4,434
| Re: $700 B Bailout Quote:
__________________ "All natural institutions of churches, whether Jewish, Christian, or Turkish, appear to me no other than human inventions, set up to terrify and enslave mankind, and monopolize power and profit." Thomas Paine | |
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09-27-2008, 03:29 PM
| #41 |
| Puppy Kicker  Join Date: Feb 2004 Location: Arlington, Virginia Age: 30
Posts: 8,058
| Re: $700 B Bailout One of my professors spoke about this in a business class the other night. He said that something like this happened in either Sweden or Finland years ago, and they tackled it the wrong way. Basically, in short, the gov't bailed the banks out, but in return they took PROFITABLE ASSETS until the banks could pay them back. It was hard on the banks, but fair, and their economy rebounded and just a lot of the industrialized world, their economy is crushing ours. Amazing how far you can fall in eight years. (That comment wasn't meant as a Bush comment. But roughly eight years ago, the dollar was soaring, housing was soaring, the economy was absolutely rolling. For the last 2-4 years. Not so much. This is due to a lot of contributions, some from Clinton, some from Bush, all approved by Congress.
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09-27-2008, 09:42 PM
| #42 | |
| Franchise Player Join Date: Mar 2004 Location: 31 Spooner St. Age: 38
Posts: 9,534
| Re: $700 B Bailout Quote:
__________________ Zoltan is ZESTY! - courtesy of joeredskin | |
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09-27-2008, 09:51 PM
| #43 |
| Franchise Player Join Date: May 2004 Age: 34
Posts: 9,232
| Re: $700 B Bailout Honestly there are a lot of smart people who can't figure this out. I think if it was easy to figure out it wouldn't have happened. Right now, in whatever form, the bailout has like a 50-50 shot at righting this stuff at best anways. That is why it is taking so long. Neither side wants to ram a proposal down not because they want to be seen as working together but more importantly they want to CYA. They both want to be able to say the other side voted for this thing too if it doesn't work. |
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09-29-2008, 02:57 PM
| #44 |
| Mad Men Join Date: Feb 2004
Posts: 43,105
| Re: $700 B Bailout
__________________ You're So Vain...You Probably Think This Sig Is About You |
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09-29-2008, 03:25 PM
| #45 |
| The Starter  Join Date: Aug 2004 Location: The Southeast Age: 29
Posts: 2,119
| Re: $700 B Bailout C'moooon free market! Do your thang!
__________________ Your post count, reputation score, popularity ranking, VIP tag or funny signature has no bearing on how I value you as an individual. |
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