Comments on: Bailout Bill Passed by House

By: Anonymous

Anonymous — Sat, 04 Oct 2008 17:13:00 +0000

Afghanistan, as "another example of how America can build a better world"?

Oh jeez, I laughed till the tears ran down my cheeks. Your deadpan delivery of these wacko sentiments just slays me.

The troops will come home from Afghanistan when their checks bounce.

DEATH TO THE DOLLAR!

-- Juan Falcone

By: john

john — Sat, 04 Oct 2008 16:18:00 +0000

Since 9/11 we have sent thousands of American troops to fight in Afghanistan. We have for the most part ignored and forgotten about them after our initial patriotic flurry. Instead we went on a borrow and spend binge. America is now worrying about the financial mess it has gotten itself into.

We worry about losing our comfortable way of life. Meanwhile, our troops are stuck in a increasingly hopless situation in Afghanistan. They need our help more than Wall Street does.

rememberafghanistan.net

By: bg

bg — Sat, 04 Oct 2008 07:15:00 +0000

I want to second FailEconomists thanks to Yves. You have been one of a handful of voices that has fought this thing with detailed and articulate discussion.

I could not turn on my computer for 12 hours after the bill passed (denial, bargaining...)

A lot of the electorate has been woken up. The fault lines are moving to Washington.

A small band of intellectuals can have disproportionate influence on policy. So please keep up the good fight.

By: Anonymous

Anonymous — Sat, 04 Oct 2008 05:52:00 +0000

$700,000,000,000 and no oversight to hire Bushies for every corner of the globe.

That’s why Larry Kudlow was yelling so loudly over the voice of the ‘the guy from Cato against the bailout,’ (thank you, I didn’t watch it -Kudlow’s been boot licking for a long time) -that’s why O’Reilly was yelling so loudly at Barney Frank, that’s why the sainted Warren Buffett is yelling so loudly with his money. All yelling for a place at the table. The Bush king is dead, Hail to the new king Paulson.

What a spectacle -the country going down in noise -up in flames.

By: Paisano1

Paisano1 — Sat, 04 Oct 2008 05:21:00 +0000

This bailout will go down in history as the last act of Congress in a Free America – they will not be coming back into session – stock up on the essentials: beans, rice, gold, ammo.

http://tinyurl.com/4zygyh

Hello Fascism!

By: Anonymous

Anonymous — Fri, 03 Oct 2008 22:38:00 +0000

“they” know as well as anyone what the numbers really mean -a downturn in everything.

This was a setup -a win-win. If the Democrats voted NO they would be blamed for a stock market down turn that was coming anyway, and since they voted ‘yes’ they will be blamed for the downturn.

Watch O’Reilly get the ball rolling in that direction:

http://www.huffingtonpost.com/2008/10/03/bill-oreilly-and-barney-f_n_131569.html

By: Anonymous

Anonymous — Fri, 03 Oct 2008 22:18:00 +0000

YA THINK ITS A BEAR MARKET?

By: Mark

Mark — Fri, 03 Oct 2008 22:12:00 +0000

So what’s an investor to do? Wait a few days for a run up and sell off stocks and then sit on the cash? Stick it out? Buy? (just kidding on the “Buy”).

By: donna

donna — Fri, 03 Oct 2008 22:09:00 +0000

Eh, it's just the new way of shorting the market. If they won't let the shorts happen, we get this insane volatility.

Ride it out. Yes, we're going down for a while no matter what. They can add all the liquidity they want, doesn't matter a bit when nobody is solvent.

We can't monetize the shadow market, no matter what we try to do.

By: ruetheday

ruetheday — Fri, 03 Oct 2008 22:04:00 +0000

And that idiot Bush was just quoted on CNN saying:

"We have acted boldly to prevent the crisis on Wall Street from becoming a crisis in communities across our country"

I guess his handlers forgot to tell him that a deep recession is on it's way REGARDLESS.

It makes me sick how this is being sold to the average American bumpkin - "don't worry, I know it stinks, but we just prevented a nasty recession."

No you didn't.