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| TommyT-Bone | Billions More Needed For Financial Rescue | ||
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Chair-man of the bored
 
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Your in a house and you can't make the payments. What's a bank do? Forclose.
You own a bank and the bank loses it financial stability. What should the goverment do? Forclose. Seems simple enough to me. Looks like we're going to federalaze the banking system one way or the other. Or do we loan them more money and take them over later. http://news.yahoo.com/s/ap/20090129/a ... i_ge/meltdown_what_s_next |
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Posted on: 2009/1/29 4:41
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| pianoguy | Re: Billions More Needed For Financial Rescue | ||
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Guru Emeritus
 
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Goldwater said, "a billion here, a billion there - pretty soon you're talking about some serious money." Except it's trillions now
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Posted on: 2009/1/29 6:05
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1996 LT4 �Before you criticize someone, you should walk a mile in their shoes. That way when you criticize them, you are a mile away from them and you have their shoes.�- Jack Handey |
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| Epimax | Re: Billions More Needed For Financial Rescue | ||
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Elite Guru
 
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Trillions, indeed. I saw something about how long it would take to spend that kind of money. Forgive me, because I forget the actual starting figure, but I do remember about how long they said it would take to spend it..
If you spend 1 Million dollars a day, it would take well over 2000 years to spend it all... Mind boggling.... |
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Posted on: 2009/1/29 10:28
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| CentralCoaster | Re: Billions More Needed For Financial Rescue | ||
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Senior Guru
 
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They're just making this shit up as they go. It's embarrassing to read.
Why don't we all pool together and pay tuition for some weekend courses in Economics 101 for the entire administration. It'd be cheaper than this trillion dollar learning process I'm reading about now... blank checks, artificial prices, no accountability... This isn't a game of f****n monopoly! |
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Posted on: 2009/1/29 16:11
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