Discussion in 'Members' Lounge' started by Briansol, Sep 22, 2008.
Oil spikes $25 a barrel on anxiety over US bailout: Financial News - Yahoo! Finance
nice I forgot to call and get my oil delivered today. I'll get screwed tomorrow.
I <3 deregulation. Don't you
socialism at it's finest.
How is deregulation socialism? Wouldn't everything be regulated then?
private firms are becoming gov't firms.
when the gov't owns everything, capitalism is bust, and thus, we have socialism.
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.
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.
Yeah I think we are on the same page, haha. I said it was both.
A 700 billion dollar bailout and parachutes made of solid gold. Fucking the consumer is the means, not the end.
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.
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
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.
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.
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
Fuck B... Sell your gold.
Three months ago gold was $960.
hold on to the gold. the dollar might be useful for toilet paper soon, but gold will always have value.
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