Stimulass Part III - $750 BILLION more for the banks

Quote from TGregg:

Obama budget has new $750B bank rescue contingency

WASHINGTON (AP) -- President Barack Obama anticipates another $750 billion bank bailout this year, a step that would more than double the direct infusion of taxpayer money into the reeling financial sector

http://finance.yahoo.com/news/Obama-budget-anticipates-new-apf-14481515.html

Lube up and grab those ankles, this reaming isn't over for nearly 4 more years! Better stock up on cases of Vaseline. :(
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4 MORE YEARS!!!!!!!!!!!


TRY at least a DECADE or more. This problem will continue for more than just 4 years, bernanke saying this recession is going to end in 2009 is a joke.

Believe me when I say throwing money at this crisis is the last thing anyone would want to do. The markets will continue to deteriorate.
 
hmm, which is worse? this stimulus part 3 or spending 1 billion a day in Iraq for the past 5 years?

Now THAT was a total waste, we have achieved nothing in IRAQ but casualties and over 1 trillion wasted on the iraqi effort.

Quote from S2007S:

4 MORE YEARS!!!!!!!!!!!


TRY at least a DECADE or more. This problem will continue for more than just 4 years, bernanke saying this recession is going to end in 2009 is a joke.

Believe me when I say throwing money at this crisis is the last thing anyone would want to do. The markets will continue to deteriorate.
More...
 
I was asking myself how they would get more money for the banks. Looks like they found a neat solution of putting as a backdoor through the budget, good move
 
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