tag:blogger.com,1999:blog-1513679299375736828.post3460966787797345424..comments2024-03-11T01:47:38.754-07:00Comments on The World According to AmericanGoy: Why the bailout MUST happen before next TuesdayAmericanGoyhttp://www.blogger.com/profile/00865892490752172185noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1513679299375736828.post-20624931968120721762008-09-29T11:30:00.000-07:002008-09-29T11:30:00.000-07:00Well, it's 2:28pm and it did not pass the House. ...Well, it's 2:28pm and it did not pass the House. However, we spent decades getting ourselves into this mess. I doubt that we can blame one action (just as this megabailout) or less for getting us out or now. It would take a long string of well thought out, good decisions to get up on the right path again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1513679299375736828.post-75805001352512747202008-09-29T10:41:00.000-07:002008-09-29T10:41:00.000-07:00Well stated as usual my friend.Well stated as usual my friend.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1513679299375736828.post-77576462204658498522008-09-29T07:25:00.000-07:002008-09-29T07:25:00.000-07:00AG- I just read in the NYT's that the vote on the ...AG- I just read in the NYT's that the vote on the bailout is not schedueled until Wednesday. Therefore, if you are correct, tomorrow will be Bloody Sunday and people will- in droves- be pulling thier money out of the hedge funds and investing them into "safe" places. <BR/><BR/>Someone on the radio over the weekend, I think it was on NPR, said that another factor would be all the "creative" accounting that's been going on in big companies this decade.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1513679299375736828.post-87711829203057456932008-09-29T06:05:00.000-07:002008-09-29T06:05:00.000-07:00Keep in mind that the $700 Billion dollar figure i...Keep in mind that the $700 Billion dollar figure is only a minimum, not the maximum the thieves in DC and NY can steal.<BR/><BR/>As soon as the initial 700 Billion is safely offshore, they'll come back for another and another and...<BR/><BR/>I wish they'd just stick a gun in our faces and demand all of our money or else.<BR/><BR/>At least that way, they'd be honest about their theiving.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1513679299375736828.post-90437106621962554162008-09-29T05:25:00.000-07:002008-09-29T05:25:00.000-07:00AG, I'm confused. Now, it seems as though you thi...AG, I'm confused. Now, it seems as though you think the "bailout" is a pretty bad idea because it's just a rescue of the rich idiots that got us into this mess in the first place, without any regard for us random joe schmoe americans. But, at the same time you say it "Must" happen today to be any good. <BR/><BR/>Myself, I'm a non-math, non-finance person who has been reading tons of stuff on the web trying to figure out if I support this thing or not. Basically it's a solution conconted by the same wrongway guides that led us into this mess. <BR/><BR/>BTW- I saw this guy on Bill Moyers that I thought you'd really like. He's written a book called the "Limits of Power" that says alot about what's been happening in the US for decades.Anonymousnoreply@blogger.com