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The Mother of all Bailouts


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#101 Publius64

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Posted 30 September 2008 - 05:55 PM

heh... so much for my stimulus check.... when I defaulted on my disability, it got garnished by the social security administration.... what a loophole.

#102 wagtail

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Posted 30 September 2008 - 06:16 PM

It's quite an eye-opener for me to realise the amount of this bailout is about the size of our whole Australian economy.  It's kind of surreal that somehow this 'money' is being found somewhere and it's the equivalent of the production of a wealthy, resource rich, nation of 22+ million people.  

We had a major report into climate change being released yesterday, and the news got swamped by the market falls...it actually makes all the big business hysteria about the impact of emissions trading scheme will have on our economy quite laughable.....better, and more sustainable to tie our economy to carbon, than greed, I reckon.

#103 Kelly A

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Posted 30 September 2008 - 07:40 PM

kohoutekdriver8 said:

That's what I said a few months ago when that economic stimulus thing was going on - and no, it wasn't sour grapes because I wasn't qualified.  WHERE DID THAT MONEY COME FROM?

China.

One thing to remember is that the Republicans single-handedly doubled the national debt in 6 years, so the government owes nearly $10 trillion in debt right now, not including the bailout.

#104 Tronyé

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Posted 30 September 2008 - 07:48 PM

remring said:

On a more humerous note...

Campbells Soup was the only stock to rise out of the S&P 500 stocks

http://finance.yahoo...^gspc,^ixic,cpb

I had some today for lunch today because I am a patriotic American unlike the rest of you tax 'n' spend liberals.  Go back to France already.
Bill: Be excellent to each other.
Ted: Party on, dudes.

" you cannot outlast us, and we will defeat you."--B. Hussein Obama

#105 wagtail

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Posted 30 September 2008 - 11:19 PM

Kelly A said:

China.

those damn socialists they think they can buy anything, even America.

Kelly A said:

One thing to remember is that the Republicans single-handedly doubled the national debt in 6 years, so the government owes nearly $10 trillion in debt right now, not including the bailout.

geebus.

#106 goldberry

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Posted 01 October 2008 - 02:41 AM

this puts paid to the "greed is good" idea.  Now and again you need a safety net.
CHERRY BAIL BONDS (MAX CHERRY, DIRECTOR)

#107 DericksHam

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Posted 04 October 2008 - 05:37 PM

Quote

those damn FASCIST CAPITALISTS they think they can buy anything, even America.

corrected. makes more sense than russian laws.
Good times, I'm okay. Bad times, I'm okay.





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