So, how’s that bailout working?
Doesn’t seem to be doing a damn thing to the market. But we still have a bill for $700,000,000,000.00. Go congress!
Doesn’t seem to be doing a damn thing to the market. But we still have a bill for $700,000,000,000.00. Go congress!
Remember, I do this to entertain me, not you.
Uncle Pays the Bills
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October 10th, 2008 at 10:40 am
The stock market isn’t the economy. The bailout wasn’t intended to shore up the stock market. It’s supposed to keep credit markets open so business can stay open and keep paying their employees.
Whether it will do that remains to be seen.
October 10th, 2008 at 10:45 am
I didn’t say it was. It is, however, one of the many measures.
October 10th, 2008 at 12:42 pm
I’m under the impression that Sec’y Paulson hasn’t spent the money yet…I may be wrong.
But things still look suspicious, and I have the feeling that we’ve left the realm of linear responses to Government (or other) interventions for a while.
October 10th, 2008 at 1:42 pm
It didn’t take did it?
Repeal the pork part of the package and see if that takes.
October 10th, 2008 at 7:18 pm
Is anyone surprised? Here’s a bailout video that made me laugh: http://www.youtube.com/watch?v=uZUXXSxZPhw
October 10th, 2008 at 8:04 pm
Yeah, Go Congress, go somewhere else and stay there.
October 11th, 2008 at 4:17 pm
You’re not looking at the big picture. It’s not supposed to save the dollar. It’s supposed to make it look like they’re trying to save the dollar while actually trashing it and paving the way for that “security and PROSPERITY partnership”
wait and see.
October 13th, 2008 at 4:49 pm
Uncle, you should watch this documentary: http://video.google.com/videoplay?docid=-1656880303867390173&ei=Z7rWSPC8D4ywrAK77tXPAg&q=freedom+to+fascism