Score One For America.

Quote from Mvic:

Personally against the bailout but got long NQ on close today, bailout passes tonight or tomorrow night latest with a huge bounce from currentl levels.
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Ah, spoken like a true trader.

Lets get something straight, Landis82, and whoever else is FOR Business As Usual at the cost of everyone but the fools who screw things up for everyone BUT themselves in this system.

There's no such thing as "Too Big To Fail", these hustlers took the actions they did knowning that they were the wrong thing to do, both from a business perspective and from a moral perspective, and then did it anyway.

I don't want BAILOUTS, I want JAIL SENTENCES.

Hello!!! :mad:

It's way past time that this House of Cards toppled over. Everyone was telling these tools that this bubble could not be sustained, but they kept the train running anway ... right off the tracks.
 
Quote from Landis82:

But
It simply confirms what we already know . . . that the average American is far too dumb to be governed. They are like a DOG, that only knows how to react to one-syllable words like, "fetch" "stay" and "sit".



What a shame.
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Then move the fuck out if you have that little faith in America.
Me? I believe in this country, and its people. They are NOT dogs, and they are actualy thinkers, as this vote has proven today.

Go move to north korea. Thats how that governement thinks. That their residents are all dogs you can bark orders at.

I believe in this country and I believe we will pull through this.

Lesson learned.
Don't loan money to losers, and don't let the leftwing socialist liberals to talk you into loaning money to losers.
 
Rumor has it, that the Democrats are going to put together a new bill that will be loaded up with enough far-left goodies that the dems will be able to pass it themselves with no need for republican votes. Hello transaction tax?
 
Quote from Landis82:

Agreed.

But unfortunately "Joe-6pack" won't get a clue until he can't get a loan, or his company that he works for can't get a loan, or a large customer of the company he works for can't get a loan because there is no healthy collateral on the books of his local bank, and/or because so many depositors have taken their money out of their bank and placed them in Treasuries. The CP market has been "frozen" for sometime, as it is now.

When he finally gets laid-off from his job, ONLY THEN will he have realized that this legislation wasn't just about Wall Street.

But by then, it will be far too late.
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People are not taught, nor do they do anything to teach themselves. In a true capitalist society, they would learn or fail. In a socialist society, they get floated.
 
Quote from GTG:

Rumor has it, that the Democrats are going to put together a new bill that will be loaded up with enough far-left goodies that the dems will be able to pass it themselves with no need for republican votes. Hello transaction tax?
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That would completely crash wallstreet and the economy. I believe and hope that the majority of moderate democrats would see completely through this.

No more hedgefunds ? Good bye ira's?

I know noone is this stupid.
 
Quote from GTG:

Rumor has it, that the Democrats are going to put together a new bill that will be loaded up with enough far-left goodies that the dems will be able to pass it themselves with no need for republican votes. Hello transaction tax?
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What do you think would happen to the markets if the transaction tax got enacted? How long before you think it would be repealed?
 
And realy, maybe its a good thing that the American people are not allowed to become slaves to their debt. No loans? We can live through it.
 
Online video from 60 minutes.

The Big Bailout

For anyone who wants to get some real information instead of sit here and listen to Landis82 try to tell everyone what they do and do not know about Basic Economics.

LOL, another stupid, arrogant, prick.
 
Quote from Nofear777:

I am proud of this country today.

If you are a believer in a free market, then you share my sentiments.

Sometimes a forest must burn to grow bigger.
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+50,000

And yes, I am absolutely serious. Thank G_d someone in Congress has balls!
 
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