We have a 'Bailout Plan"

[Randy D. Stufflebeem]

Originally Posted by nwagner

A Democrat?! He's being a true NeoConArtist in the Bush mold; whoring out massive sums of federal dollars to GOP-connected corporations at our expense under the guise swiftly correcting a purported dire situation. The Republicans pretending to better than the Democrats is like feces proclaiming to be better tasting than vomit.

Fact Check: an anonymous comment on a WSJ blog incorrectly identifies
Secretary of the Treasury Henry Paulson as a Democrat. However, he is
a Republican. My bad!

But about those GOP connected corporations! Are you sure they are GOP connected Nick? I tend to think Fannie & Freddie lean left.

[Randy D. Stufflebeem]

BREAKING NEWS




Congress has bailout plan


A photo shot of the band of idiots! I would think they would want to hide in a hole in shame. But I may be speaking too soon as I have not read the details! Bend over Rover cause here it comes!

[Joseph T. Burkeson, CMI]

Originally Posted by rstufflebeem

BREAKING NEWS




Congress has bailout plan


A photo shot of the band of idiots! I would think they would want to hide in a hole in shame. But I may be speaking too soon as I have not read the details! Bend over Rover cause here it comes!

We're so far past screwed that the light from screwed isn't going to get here for a million years.

[Michael Larson]

If Chris Dodd and Barney Frank are happy you should be very scared.

[Joseph T. Burkeson, CMI]

Originally Posted by mlarson

If Chris Dodd and Barney Frank are happy you should be very scared.

And if George Bush is happy something is likely to explode.

[Michael Larson]

BTW-At this time there is no deal according to congressman Boehner.


I'm not prepared to believe this just yet but read this analysis written before the final deal was cut:

The Paulson Plan
Will Make Money
For Taxpayers

Interesting and scary if it turns out this way.

[Joseph T. Burkeson, CMI]

Originally Posted by mlarson

I'm not prepared to believe this just yet but read this analysis written before the final deal was cut.

I would take my que from the markets, up almost 300 points they are spending their million dollar bonuses as we speak, the fix is in, it is just a matter of time.

[Michael Larson]

Originally Posted by jburkeson1

I would take my que from the markets, up almost 300 points they are spending their million dollar bonuses as we speak, the fix is in, it is just a matter of time.

The market is quite irrational in the short term but very rational in the long term.

What the market is doing today doesn't mean much as it has few facts to determine what is really going on.

[Randy D. Stufflebeem]

Originally Posted by jburkeson1

I would take my que from the markets, up almost 300 points they are spending their million dollar bonuses as we speak, the fix is in, it is just a matter of time.

One thing about it is no matter how much we regulate, Wall Street is smarter than our government bodies! Kind of scary!

[Russell J. Hensel]

Man I thought I was anti goverment.........JTB has me way beat!..........I love that guys comments........

[Greg Bell]

Lets see how much the market crashes tomorrow.

[Joseph T. Burkeson, CMI]

[Michael Larson]

Originally Posted by jburkeson1

A speechless Joe?

It won't last

[Joseph T. Burkeson, CMI]

Originally Posted by jburkeson1

Originally Posted by mlarson

A speechless Joe?

It won't last

Reggie Middleton asks, "Do you guys know who youre messin' with?"

Check out the graphs.

[Joseph T. Burkeson, CMI]

House Speaker Nancy Pelosi Sells Out
by Mike Shedlock
September 25, 2008

MarketWatch is reporting House Speaker Pelosi reassures market on rescue plan.

Speaker of the House Nancy Pelosi said Thursday that financial markets can rest assured that Congress will act on the White House plan to buy up to $700 billion in toxic debt. Pelosi said the exact timing of the House vote would depend on the outcome of closed-door meetings currently underway on Capitol Hill. House Speaker Nancy Pelosi reassured financial markets that a rescue plan would come to the House floor soon. "Please be assured that we will have a package that will speak to the issue in a very substantial way to send a message to the markets of our seriousness," Pelosi said at a press conference.

The plan of throwing $700 billion at a problem cannot possibly work. What's worse is the structured $700 billion is a mere down payment.

Unfortunately there is more of this sh!t here: http://www.safehaven.com/article-11366.htm