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What are your views on the Bailout?

and you get stupid assed fucking retards who are dumb as fuck and fuck up everything. and you get the red wings. but you also get the lions.

i think we have a draw situation.
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I'd find out where you can get advice from this guy.He absolutely nails the economic situation we are in all the way back in 2006.Watch as he gets laughed at by other "experts" while they push investing all the banks that just failed.Its almost scary how right he was.

[ame="http://www.youtube.com/watch?v=2I0QN-FYkpw&eurl"]http://www.youtube.com/watch?v=2I0QN-FYkpw&eurl[/ame]

See You In Toledo
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we are now paying more for gas than most places in the country because we bought in advance....


awesome.
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I wonder how that deal some auto makers were giving promising one years worth of gas at 1.99 is working out.

See You In Toledo
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[ame="http://www.youtube.com/watch?v=pGHODRNJqRo&eurl"]http://www.youtube.com/watch?v=pGHODRNJqRo&eurl[/ame]

Same guy who predicted the economic shit sandwich comments on what he see's coming.Its not pretty.

See You In Toledo
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Scary.



http://www.ritholtz.com/blog/2008/11/big...ger-bucks/


If we add in the Citi bailout, the total cost now exceeds $4.6165 trillion dollars. People have a hard time conceptualizing very large numbers, so let’s give this some context. The current Credit Crisis bailout is now the largest outlay In American history.

Jim Bianco of Bianco Research crunched the inflation adjusted numbers. The bailout has cost more than all of these big budget government expenditures – combined:

• Marshall Plan: Cost: $12.7 billion, Inflation Adjusted Cost: $115.3 billion
• Louisiana Purchase: Cost: $15 million, Inflation Adjusted Cost: $217 billion
• Race to the Moon: Cost: $36.4 billion, Inflation Adjusted Cost: $237 billion
• S&L Crisis: Cost: $153 billion, Inflation Adjusted Cost: $256 billion
• Korean War: Cost: $54 billion, Inflation Adjusted Cost: $454 billion
• The New Deal: Cost: $32 billion (Est), Inflation Adjusted Cost: $500 billion (Est)
• Invasion of Iraq: Cost: $551b, Inflation Adjusted Cost: $597 billion
• Vietnam War: Cost: $111 billion, Inflation Adjusted Cost: $698 billion
• NASA: Cost: $416.7 billion, Inflation Adjusted Cost: $851.2 billion

TOTAL: $3.92 trillion

See You In Toledo
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BIRD33 Wrote:TOTAL: $3.92 trillion

Or about $11,000 for every man woman and child in the country. They'd be able to conceptualize it if that bill fell on their welcome mat.

cLaY Wrote:Knick-Knack Paddy's Whack, suckin' TF's Bone...

BIRD33 Wrote:You know who would be hilarious in a thread with this type of situation going on?Paddy.

BIRD33 Wrote:I was battling with the mods just like everyone else.
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Paddy Wrote:Or about $11,000 for every man woman and child in the country. They'd be able to conceptualize it if that bill fell on their welcome mat.

I'd pony up $11k if it would go away.

Edit: Make that $33k. Now it gets a little more interesting.
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Paddy Wrote:Or about $11,000 for every man woman and child in the country. They'd be able to conceptualize it if that bill fell on their welcome mat.

So, wait. If instead of spending all this money on "bailout" could we jus start killing men, women and children and bring the cost down like that?

We could make it like a nationwide paintball game.
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Flumper Barflusterbutt Wrote:I'd pony up $11k if it would go away.

Edit: Make that $33k. Now it gets a little more interesting.

And there's no guarantee that the way they're throwing the dough around will have the effect they think it will.

cLaY Wrote:Knick-Knack Paddy's Whack, suckin' TF's Bone...

BIRD33 Wrote:You know who would be hilarious in a thread with this type of situation going on?Paddy.

BIRD33 Wrote:I was battling with the mods just like everyone else.
Reply

Flumper Barflusterbutt Wrote:So, wait. If instead of spending all this money on "bailout" could we jus start killing men, women and children and bring the cost down like that?

We could make it like a nationwide paintball game.

I'm in. How do we decide who gets it?

cLaY Wrote:Knick-Knack Paddy's Whack, suckin' TF's Bone...

BIRD33 Wrote:You know who would be hilarious in a thread with this type of situation going on?Paddy.

BIRD33 Wrote:I was battling with the mods just like everyone else.
Reply

Paddy Wrote:And there's no guarantee that the way they're throwing the dough around will have the effect they think it will.

You can bet your ass a huge chunk of that money is going to end up in the pockets of some lawyers and good ol' boy circles.

I'd like to know how much of the Katrina money ended up in back pockets in New Orleans.
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If I was in their position I'd be lining my pockets. Human nature isn't taken into account often enough.

cLaY Wrote:Knick-Knack Paddy's Whack, suckin' TF's Bone...

BIRD33 Wrote:You know who would be hilarious in a thread with this type of situation going on?Paddy.

BIRD33 Wrote:I was battling with the mods just like everyone else.
Reply

Paddy Wrote:If I was in their position I'd be lining my pockets. Human nature isn't taken into account often enough.

Well, think of it like this. The guys running these big banks and lending instutions are the ones that got us into this mess. Now we are giving them free money to help them bail themselves out of it. Imagine how that is going to end up.
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Paddy Wrote:I'm in. How do we decide who gets it?

Well, Obama could have everyone pledge their souls to him and the ones that do get marked with a "666" and then we hunt people down that don't have that tattoo and......
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Flumper Barflusterbutt Wrote:Well, think of it like this. The guys running these big banks and lending instutions are the ones that got us into this mess. Now we are giving them free money to help them bail themselves out of it. Imagine how that is going to end up.


I like the comment by Alan Mulally, Ford's CEO, when asked by Congress if he thought it was appropriate for him to consider taking a paycut on his $22 million as a rider to getting bailout money.

"I think I'm ok where I'm at."

I bet you do Alan.

cLaY Wrote:Knick-Knack Paddy's Whack, suckin' TF's Bone...

BIRD33 Wrote:You know who would be hilarious in a thread with this type of situation going on?Paddy.

BIRD33 Wrote:I was battling with the mods just like everyone else.
Reply

Paddy Wrote:I like the comment by Alan Mulally, Ford's CEO, when asked by Congress if he thought it was appropriate for him to consider taking a paycut on his $22 million as a rider to getting bailout money.

"I think I'm ok where I'm at."

I bet you do Alan.

I liked the Senator's comment when he said something like, "I'm a little troubled when a bunch of men fly into town on their corporate jets and come down here in fancy cars holding out a tin cup."
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They're not smart enough to know when to lay low.

You'd think they'd say "Ok guys, the jig ('sup Anhil8tor) is up, let's not do anything extravagant, like fancy corporate retreats or flying around in our jets for 6 months and we take a pass on our bonuses. Then, when we get the bailout dough and this scare blows over, it will be back to business as usual. Double bonuses next year!."

cLaY Wrote:Knick-Knack Paddy's Whack, suckin' TF's Bone...

BIRD33 Wrote:You know who would be hilarious in a thread with this type of situation going on?Paddy.

BIRD33 Wrote:I was battling with the mods just like everyone else.
Reply

the funking alien unnerstands better than the rest of you giabones
listen up, stupits

I realise that I have a past to break with--an accumulation of inertia, wrong, foolishness, rot, junk.  A great need of clarification, of mindfulness, or rather, of no mind.  A need to return to genuine practice, right effort.  Need to push on the great doubt.  Need for the spirit.  Hang on to the clear light.
           
Thomas Merton


       
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