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BAILOUT [strike]STRUCK DOWN[/strike] PASSED DOW PLUMMETING!
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I poked it and it made a sad sound
Struttin'


Member 24

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Mar 2006


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Old Sep 29, 2008, 01:17 PM #1 of 126
I'm for one glad. Not glad to see the market plummet, but to see that $700 billion won't be spent to bail out irresponsible banks (and of course, stupid people).

I'm sure the agreement will be reached wherein tax payers will be responsible for some sort of bailout (sadly), but not $700 billion worth.

Jam it back in, in the dark.

Last edited by I poked it and it made a sad sound; Sep 29, 2008 at 01:28 PM.
I poked it and it made a sad sound
Struttin'


Member 24

Level 51.86

Mar 2006


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Old Sep 29, 2008, 01:37 PM 2 #2 of 126
Might not end well, but I seriously doubt that the bail-out would've helped at all. The government intervening in economical matters never ends well
Not to mention the principles it expresses: fuck shit up bad enough, and we'll bait you out. Doesn't matter how much you made off the deal! Consider it a gift from the US Government compliments of the tax payers.

I just don't like to see the market do so poorly, honestly. Especially internationally. Suppose it's the natural way of things, though.

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I poked it and it made a sad sound
Struttin'


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Old Sep 29, 2008, 03:15 PM #3 of 126
To the international markets (including Canada, you dissing asses <3):

I am sorry our shitty banks fucked up your banks, guys, really I am.

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I poked it and it made a sad sound
Struttin'


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Level 51.86

Mar 2006


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Old Sep 29, 2008, 03:28 PM #4 of 126
Wasn't 300 million of that 700 billion going to form a severance package for one of the retiring CEO's?

Isn't that exciting.
Where did you read that?

Shin, what did you want us to do? I mean, the alternative was to let the government bail out the banks for their stupid mistakes and let the American people pay for those mistakes?

I'm curious what you think of the alternative, had the bill passed. Not because I want to argue, but because you're more versed in this all than I am.

Both ways you look at it, it's a shit situation. I wish it didn't have to affect the rest of the world.

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I poked it and it made a sad sound
Struttin'


Member 24

Level 51.86

Mar 2006


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Old Sep 30, 2008, 07:49 PM #5 of 126
I just wanted to leave a link for anyone who wants a detailed explanation on what actually happened with the lead up to the situation. There's a great This American Life radio show episode which really puts it all in laymen terms. It's worth a listen - it's free, and in streaming.

I was speaking idiomatically.
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Exploding Garrmondo Weiner Interactive Swiss Army Penis > Garrmondo Network > Political Palace > BAILOUT [strike]STRUCK DOWN[/strike] PASSED DOW PLUMMETING!

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