Ya know, it always comes back to hot tuna doesn't it? :fish:

Ya know what else? 700 billion would build a coast to coast pneumatic tube. I could be at your house in no time. :nod:

You two will have to go to Canada, China or Russia to be further apart :nod: ......... (and keeping you apart is a good thing)





:rofl:

PF do you know this chick??? http://www.youtube.com/watch?v=S27yitK32ds

No I don't know her, but I think we both drink the same lake water.


(And you can be SURE no media around here reported on her. ;) )

That was definitely interesting. Don't think it will do much though. Pretty words are just that unless someone can put them into action. I agree. The greedy tycoons that put us in this mess should be the ones to suffer for it. However, the bail out is meant to give businesses the capitol so that they can start borrowing from banks again. Of course that makes it sound like 1929 again. At least it does to me.

Again, and again, and again...

1929 Depression
Unemployment: 25%
U.S. Bank Failures: Thousands

2008 ‘Recession’
Unemployment: 6%
Global Bank Failures: Scores

Why will congress not put the blame where it belongs, on those who changed the rules for banking in the 1990's - CONGRESS.

jseal, please define scores. is that hundreds? dozens? that's kind of a nondescript term.

A score is a group of 20.

Okay.

Comparison of 1929 numbers to 2008 numbers is pretty much apples to oranges. It's a much different world now, with more safety nets in place to prevent, or at slow down, the kind of failures that took place in the last century. Plus, the numbers from '29 are "final" figures, with the benefit of historical hindsight. We don't know what the final outcome of the "crash" of '08 will be...




...yet.

I agree. The US Depression of 1929 – 1933 was so enormously greater than the ‘recession’ of 2008 that they have little in common.

I also think that with sufficient ineptitude Congress can turn the latter into something approaching the former.

LOL! I think their motto is, "If it ain't broke, we'll send it back to committee."

So where does the US Treasury go after committee? :confused: