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F%@#$ bailouts

Discussion in 'Members' Lounge' started by Briansol, Sep 22, 2008.

  1. Briansol

    Briansol Admins Admin VIP

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  2. Korax

    Korax New Member

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    For any reason, just ridiculous.
     
  3. nootrac22

    nootrac22 Well-Known Member VIP

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    nice I forgot to call and get my oil delivered today. I'll get screwed tomorrow.
     
  4. Sabz5150

    Sabz5150 FALCON PUNCH!!!

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    I <3 deregulation. Don't you :)
     
  5. Briansol

    Briansol Admins Admin VIP

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    socialism at it's finest. :(
     
  6. Sabz5150

    Sabz5150 FALCON PUNCH!!!

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    Fixed.
     
  7. Korax

    Korax New Member

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    How is deregulation socialism? Wouldn't everything be regulated then?
     
  8. Briansol

    Briansol Admins Admin VIP

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    private firms are becoming gov't firms.

    when the gov't owns everything, capitalism is bust, and thus, we have socialism.
     
  9. Korax

    Korax New Member

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    Ok, I just wasn't sure how you meant it. Either way it is their fault as much as the people who buy things they shouldn't. Whether you think it is deregualtions or not, forcing companies to continually take on bad debt that wasn't always their own to begin with wasn't a good idea.
     
  10. Briansol

    Briansol Admins Admin VIP

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    You don't think it's their fault people are defaulting on loans?

    I can see your point... but if you're going to design a loan type that is designed to fuck the consumer, what do you expect to happen?

    stupid people fall for it.
    stupid people usually don't have money because they are stupid.

    here we are.
     
  11. Korax

    Korax New Member

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    Yeah I think we are on the same page, haha. I said it was both.
     
  12. Sabz5150

    Sabz5150 FALCON PUNCH!!!

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    A 700 billion dollar bailout and parachutes made of solid gold. Fucking the consumer is the means, not the end.
     
  13. Celerity

    Celerity Well-Known Member

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    None of you people know what you're talking about. You have been disqualified.

    Socialism is not about government takeovers of banks. The Baillout was the fault of the company being bought, not the government that stepped in. Hoovervilles are the result of mortgage crisis.
     
  14. FLounder

    FLounder power hungry VIP

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    hell we are probably closer to communism than to socialism.... either way we are all screwed and this country is going downhill in a big way
     
  15. EGProject

    EGProject YEEEEAAHHHHH

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    Everyone say it with me... Seven...hundred....BILLION. The gov bails out all these stupid companies that gambled on horrible mortgages, and I get a lousy check for $300 as an "incentive"? WTF?

    That's almost a TRILLION dollars going to buy up private housing, to be owned by the government.
     
  16. Capt. Orygun

    Capt. Orygun Win the Day

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    WOW

    I can't believe both the Dem's and the GOP sold us out be deregulating the mortgage industry in the name of campaign money

    I can't believe Obama was dumb enough to give a speech on TV solely blaming the republicans for this at the same time as Bill Clinton was on TV explaing that both sides of congress (to include Biden) were guilty of the actions that lead us to where we are today

    And I can't belive that now our governmnet thinks the best solution is to buy up everything that's bad in wall st.
     
  17. jamesA

    jamesA Well known pissed off telephone guy VIP

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    So THAT is what happened.

    I put 50 bucks in the work truck today at 3.98. As I was driving down to Bluffton at 9:30 it dropped to 3.82.

    When I got back at 2 pm it was back to 3.95. lol
     
  18. jamesA

    jamesA Well known pissed off telephone guy VIP

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    Fuck B... Sell your gold.

     
  19. totalburnout

    totalburnout Well-Known Member VIP

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    Three months ago gold was $960.
     
  20. nootrac22

    nootrac22 Well-Known Member VIP

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    hold on to the gold. the dollar might be useful for toilet paper soon, but gold will always have value.
     
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