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Bailout makes sense and sad that learned folks like Jim Rogers do not understand the 'extreme danger' that US financial system will be in if this bailout does not happen. Hope foreign nations like China, Saudi Arabia, Kuwait, Norway, Canada who are floating merrily in the export and petro...

In actuality the bail out package makes sense. It will absorb the massive shock to the financial system and stop the run on banks and money disappearing from the society. Bush did talk some useful business today afterall :D On Larry King Live Clinton also mentioned that bail out packages...

What would three politicians talk to pull the US out of the financial mess. Both McCain and Obama most probably use charter jets so will be burning tax payers bucks just for media and votes. Why cannot they talk via satellite link? Politicians after all! The point that I am...

I like Obama's plan more than McCain. Only thing is he should not become too excited about free healthcare programs. Right now the objective is to cut spending and give the balance sheet some sense.

'And neither NObama nor McCain have a plan nor a clue.' There is a plan for $500B savings a year: Go the Russkie mode on defense. Keep the nukes alert and sharp and stop funds on anything else. Save $250B a year from defense. Keep a standing army and equiptment for next 5 years and do...

Cuntheads! Bush is what he is, now try to find some workable solution to the crisis. :D

Remember that out of $10T debt only maximum $3T is held by the Chinese, British and others. $7T is held by the domestic US citizens and corporations. Fed is bailing out the whole financial mess by printing dollars, this can cause dollar to lose value and erode the debts. Hopefully this...

Tax payers are going to get it up the assssssss! Their punishment for electing GWB and his henchmen twice. Only other way is to have Chinese and Arabs buy upto 49% of the US corporations going under. Chinese and Arabs both have $1T each from exports and oil funds. Even little but oil...

'let them out, legalize it and tax it.' I think tax payer cost is around $45K for each prisoner per year. I agree with let them out i.e. criminals but keep them under house arrest with tracker devices tied to their bodies. They can only go to work and return home. Such type restrictions...

'Try to take my guns and you will be shot.' To take your guns Feds might have to shoot you before anything else. :D :cool:

http://www.takimag.com/blogs/article/the_partys_over/ 'Greed is Good' Economics is all over. Few had parties and have saved enough in foreign banks and essential commodities to still have party later on.........all the while US middle class tries to fend off the bills in the mail and house...

Capitalism, innovation and enterprise is the basic of the human psychology. While Disaster Capitalism was doomed to go down but Captialsim in its core sense never will and never should! :D Gangster Capitalism is another name for Disaster Capitalism. Something that took hold of the US...

US should also ban the guns and arms possession. This will cut down crime and $5B savings are possible from the Justice system alone. US populations should cut down on gasoline use by 10-20%..........does not matter if oil is at $150 or $80 per barrel. More environmental benefits too.

The $800B package bail out by Treasury is a sensible move. It will save the US financial house and whole societies from melting down and resulting chaos. However if US government reduces its Defense budget by $100B and cancels out the FUTILE war on terror then it will save $250B a year...

Pak terrorism is the creation of the US misdeeds.......now face the monster that you enslaved and enjoyed in your saddistic games. Evilness comes back to hurt...............only ten times or more!!!!!!!!

This is what is called NONSENSE which will hurt the USA Inc. very bad.........it already has been! Merrill Lynch's newly recruited chief executive, John Thain, stands to share a $200m (£111.4m) payout with two senior lieutenants for less than a year's work which culminated this week in the...

Many more to come.......the reason..........November Elections! The real power brokers on the Wall Street and Washington DC understand that US economy is in major default type danger. They want Obama to win but the problem is since Palin got her ticket with McCain the whole of US has gone...

Good that Fed helped AIG keep afloat. Cannot imagine the allround chaos that would result from big financial houses tumbling down. Some UK bank also chipped in for Lehman, still better!

If these bail outs do not happen, then there will be mega crashes in market indicies and RUN RUN RUN on the banks..................remember LA riots? Result would be USD tanking hard and the whole global economic set up blowing up. :mad:

Will the top management be asked to return their bonuses for the last 3 years too? If they are not asked, then will the taxpayers have the right to walk up to their properties and families and get their monies back.............ANY WHICH WAY THEY CAN????????????????????