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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.
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I just don't like to see the market do so poorly, honestly. Especially internationally. Suppose it's the natural way of things, though. There's nowhere I can't reach. |
To the international markets (including Canada, you dissing asses <3):
I am sorry our shitty banks fucked up your banks, guys, really I am. Most amazing jew boots |
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. I am a dolphin, do you want me on your body? |
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. |