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Lots of haters here. The point here is Paulson is asking for a blank check 700B. I rather see this kind of reaction than here is the "yes" vote and go play. Also, if they don't ask government for help, there will be no point for regulation. At the minimum, CDS is option and should be...

Very good analysis on what the bill means and a solution to this current credit crunch problem. http://market-ticker.denninger.net/

What you are saying here is homeowner cannot walk away from their home. I mean, they still can walk away but they can't shake the mortgage unless they fill bankruptcy. I don't know why people in US can do that. Most countries don't allow people to shake away their mortgage like that. If...

More citizen getting upset. http://www.youtube.com/watch?v=bJoikUMBG5U

http://www.openleft.com/showDiary.do;jsessionid=C842A228DA5B25F63F12DBB330DF83DD?diaryId=8374 This email is from a lawmaker and it should give you a flavor for what's going on right now in Congress. Got to love the colorful language used here!!

Yes, you are correct that the answer is not simple and not ALL loses are socialized. I never said that. The 700B is in addition to private losses right now, and it is baling out bond holders and stockholders of companies that are currently holding toxic waste. The fix is : separate banks...

No. I am saying the financial sector is costing us money. If they never ask for bailout, they can earn zillion dollars for all I care. That's how capitalism work. However, no privatized gain and socialized lost Copy? Remember dot com bubble? Nasdaq 5000? How many internet...

After socialized mortgage lost, 700B is $2333 for each US citizen. Assume 300mil US citizen in US. 5090 F22 raptor fighter - 137.5 mil each 35 x current NASA budget 2.8 mil average US home out right. 7 x NASA International Space Station Budget. 140 Nimitz-class supercarriers ~1 Iraq...

Terrorism attack? We are under Al-Banker attack right now that will cost us 700B on propose bail out 85B for AIG ?? for BSC 200B for Fannie and Freddie. Total : well over 1T dollar attack on our financial system. Al-Quada would be proud of these results.

This is sad. Everyone is raiding the US budget.

You need to subtract foreign currency reserve out of this list to get a look at real picture.

Hrm... it seems that you don't realize when the ability of US to borrow diminished. The ability to spend on military goes down with it. Aka, just like the USSR, just wait and it will collapse on itself.

It doesn't take a genius to figure out that stock price = demand of stock - demand of short. When gov change the rule to : stock price = demand of stock It change the fundamental rule of the market. Add to the fire, it also ban naked shorts that are hanging around. I don't know...

Hrm.... just a hunch, you might be witnessing the squeeze of the century. WM's float is 22% short. If it get anywhere close to 5 to 10 bucks. Watch out.

Well, the ponzi scheme finds the biggest sucker. US tax payers. This is sickening.

Changed that bronco into a T-rex.

Well, prederatory short selling is true to some people but not true to other people. Right now, people who write credit default swap (Think MS and GS ) will need to put up additional capital if their stock fall to certain level or their credit rating get downgrade. After Paulson's bail out...

Short selling is legal. Calling your share in to prevent lending them to short sellers is also legal..:)

Can you say "SQUEEZE!!"

yeehaa!! Just like riding a bronco.