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-   -   $700,000,000,000 (http://www.pixies-place.com/forums/showthread.php?t=33464)

wyndhy 09-24-2008 09:07 PM

that congress. what a bunch of pussies:D

jseal 09-24-2008 09:12 PM

Perhaps they were too concerned at the time with the price of gasoline to spend too much time on other issues.

Lilith 09-24-2008 09:24 PM

coulda shoulda woulda

jseal 09-24-2008 09:29 PM

Maybe someday they will do something useful.

wyndhy 09-24-2008 09:30 PM

and monkeys might fly out of my butt, too

Lilith 09-24-2008 09:46 PM

Is that a side effect of the chemo???????:D

Lord Snow 09-24-2008 10:28 PM

If pro is the opposite of con, then is progress the opposite of congress? This should have been foreseen I agree. I also agree that the government gives too many hand outs to able bodied people that should be able to take care of themselves. As much as I hate to say this, Bush made a valid statement. It wasn't just one group of companies. It was many companies. There is a point where when you expand to much to quick it breaks. That's exactly what happened. The market grew to a point where it was out of control and now it's broken. I did notice that the president didn't say exactly what the plan was besides bailing out a few major companies.

Scarecrow 09-24-2008 10:31 PM

Quote:
Originally Posted by wyndhy
and monkeys might fly out of my butt, too



We will want pics of that for sure. :thumbs: :wink:

scotzoidman 09-24-2008 10:34 PM

Quote:
Originally Posted by Lord Snow
I did notice that the president didn't say exactly what the plan was besides bailing out a few major companies.

Why fuck up a streak now with the finish line in sight? :ahole:

PantyFanatic 09-24-2008 11:46 PM

Don't worry about any of this. I've got it covered. :nod:

I'll give them the money.

............. Why not? I have more money than the government does. I make my little salary every week and have a hell of a lot less debt than they do. :shrug:

THYE DON'T HAVE ANY F__KING MONEY!

If you made $10 last month, YOU HAVE MORE MONEY than they do. Not this government or any other government has ANY MONEY! They don't, can't and will NEVER make any MONEY! Governments can only get money from it's people.

You can only hope that YOUR money is enough to pay for the things that a government needs and that they spend it wisely. The great depression that has been referenced a number of times differs in that then the government DID HAVE SOME MONEY.

Unfortunately THIS government DOESN'T have any money. They DO have the biggest DEBT obligation in recorded history of civilization. It makes no difference what placebo the politicians give us now. As Jude30 said, the stupid have met greedy, and now it's a huge shit sandwich that we all are having fed to us. The ratio of corruptions and non-producing parasites in our economy has simply overwhelmed the host.

Jude30 09-25-2008 06:08 AM

Quote:
Originally Posted by Lord Snow
There is a point where when you expand to much to quick it breaks. That's exactly what happened. The market grew to a point where it was out of control and now it's broken. I did notice that the president didn't say exactly what the plan was besides bailing out a few major companies.


No what happened is greedy bankers figured out a way to make money off stupid people by convincing them they could afford houses that they couldn't. That is a recipe for disaster no matter how you cut it. The bankers didn't stop to think of the consequences of these loans failing in the long run because of the huge short term profits. Which was amazingly stupid of them since a monthly mortgage payment of half your salary is pretty much designed to fail. The idiot consumer on the other hand listened to the banker and took on those low low initial payments.

The only thing that grew too fast was the market of greedy to stupid. Bankers saw an easy short term profit, and the consumer saw that house that they "deserved" to have.

WildIrish 09-25-2008 07:01 AM

Short term greed (whether it was the investment bankers preying upon people that couldn't afford what they wanted, or by buyers knowingly accepting variable interest loans so they have more cash on hand while they hope the other shoe doesn't drop) is what the rest of us are now left to deal with. Thank goodness I've been paying a higher interest rate all this time so I'm already used to getting by on less cash.

I think the government should start buying lottery tickets.

Scarecrow 09-25-2008 11:11 AM

Instead of giving the money to the banks give it to the people who can not pay their loans off, then let it trickle up.

scotzoidman 09-25-2008 03:05 PM

Quote:
Originally Posted by Scarecrow
Instead of giving the money to the banks give it to the people who can not pay their loans off, then let it trickle up.

What a great idea!

So great an idea, in fact, that it doesn't have a snowball's chance in hell of being adopted by the yuckleheads in charge of things...

"Trickle up?" Isn't that a little like pissing up a rope? :roflmao:

jseal 09-25-2008 03:36 PM

Is it wise for the federal government to give money to people who couldn’t figure out that ARM payments can increase as well as decrease? Is there any evidence to indicate that their behavior would be more sensible now than when they signed their contracts? At least the Feds can regulate banks - they are companies. Would it be a good idea to have the Feds try to regulate the spending habits of hundreds of thousands of citizens?


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