vinnys025 Posted October 18, 2008 Share Posted October 18, 2008 I believe that banking institutions are more dangerous to our liberties than standing armies. Thomas Jefferson. discuss..... Link to comment Share on other sites More sharing options...
Boozer76 Posted October 18, 2008 Share Posted October 18, 2008 I believe that banking institutions are more dangerous to our liberties than standing armies. Thomas Jefferson. discuss..... Since no politics are allowed, I will simply say this: Take a long hard look at what the gov't was encouraging and imploring Fannie Mae/Freddie Mac to do before you go labeling banks as the bad guys right now. Oh, and for the record the problem crosses both party lines. Link to comment Share on other sites More sharing options...
MrsTaborJet Posted October 18, 2008 Share Posted October 18, 2008 Link to comment Share on other sites More sharing options...
Bugeater Posted October 18, 2008 Share Posted October 18, 2008 Thank god I'm poor so I don't need to worry about losing my ass. Link to comment Share on other sites More sharing options...
rillo Posted October 18, 2008 Share Posted October 18, 2008 Fear is the foundation of most governments. John Adams Link to comment Share on other sites More sharing options...
DMaynard Posted October 18, 2008 Share Posted October 18, 2008 Fear is the foundation of most governments. John Adams Beer is the foundation of courage. Billy Martin Link to comment Share on other sites More sharing options...
rillo Posted October 18, 2008 Share Posted October 18, 2008 Beer is the foundation of courage. Billy Martin Agreed and Rep'd sir. Good one Link to comment Share on other sites More sharing options...
joewilly Posted October 18, 2008 Share Posted October 18, 2008 I don't wanna get all political here but i'm barely hangin on to both toasters. thankfully 1 is paid for. Link to comment Share on other sites More sharing options...
Blackout Posted October 18, 2008 Share Posted October 18, 2008 i think we need to get rid of Nascar that will save SO much gas Link to comment Share on other sites More sharing options...
Green DNA Posted October 18, 2008 Share Posted October 18, 2008 I don't wanna get all political here but i'm barely hangin on to both toasters. thankfully 1 is paid for. I'm considering making you a lowball offer for one of those toasters. It might be a sleazy move on my part, but if I don't somebody else will. Link to comment Share on other sites More sharing options...
Jet Moses Posted October 22, 2008 Share Posted October 22, 2008 Link to comment Share on other sites More sharing options...
ZachEY Posted October 22, 2008 Share Posted October 22, 2008 sucks. Oh, sorry. I thought this was the word association thread. Link to comment Share on other sites More sharing options...
phitzc Posted October 22, 2008 Share Posted October 22, 2008 I believe that banking institutions are more dangerous to our liberties than standing armies. Thomas Jefferson. discuss..... "If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." another quote by TJ 700 billion bailout package for a 100 billion in bad subprime loans = buttload of leftover cash Link to comment Share on other sites More sharing options...
jetstream23 Posted October 22, 2008 Share Posted October 22, 2008 The DJIA is pricing in the recession now, not so much the credit crisis anymore. The LIBOR rate has been falling everyday and Barclays bank just put a big block of debt on the market that is backed by the British gov't. The credit freeze is thawing somewhat but there is a realization that jobs, consumer spending, and overall economic activity are slowing dramatically. Link to comment Share on other sites More sharing options...
Jet Moses Posted October 22, 2008 Share Posted October 22, 2008 700 billion bailout package for a 100 billion in bad subprime loans = buttload of leftover cash I wasn't aware they set a price. Was that the market value of the CDO's and CMO's? Link to comment Share on other sites More sharing options...
joewilly Posted October 22, 2008 Share Posted October 22, 2008 The DJIA is pricing in the recession now, not so much the credit crisis anymore. The LIBOR rate has been falling everyday and Barclays bank just put a big block of debt on the market that is backed by the British gov't. The credit freeze is thawing somewhat but there is a realization that jobs, consumer spending, and overall economic activity are slowing dramatically. yikes........better pm me that lowball offer dna you scumbag:mrgreen: Link to comment Share on other sites More sharing options...
Savage69 Posted October 22, 2008 Share Posted October 22, 2008 I don't wanna get all political here but i'm barely hangin on to both toasters. thankfully 1 is paid for. Keep the one Capt Jack Sparrow gave you... Link to comment Share on other sites More sharing options...
phitzc Posted October 22, 2008 Share Posted October 22, 2008 I wasn't aware they set a price. Was that the market value of the CDO's and CMO's? I'm not sure if the have. Just took the number amount for the bail out package and got the total amount of bad subprime loans from http://www.imf.org/external/pubs/ft/fandd/2007/12/dodd.htm best place to keep money seems to be in a sock with a mouse trap. Link to comment Share on other sites More sharing options...
jetmant87 Posted October 22, 2008 Share Posted October 22, 2008 [quote name='Blackout Link to comment Share on other sites More sharing options...
joewilly Posted October 22, 2008 Share Posted October 22, 2008 Keep the one Capt Jack Sparrow gave you... haha good advice. guess the curtis martin signed proctor silex goes to the auction block then. you interested? Link to comment Share on other sites More sharing options...
joewilly Posted October 22, 2008 Share Posted October 22, 2008 haha good advice. guess the curtis martin signed proctor silex goes to the auction block then. you interested? sorry forgot to mention its the toast compiler series Link to comment Share on other sites More sharing options...
faba Posted October 22, 2008 Share Posted October 22, 2008 Invest in PSL's. Link to comment Share on other sites More sharing options...
jetstream23 Posted October 23, 2008 Share Posted October 23, 2008 Invest in PSL's. I'm shorting PSL's and going long cheap beer. Link to comment Share on other sites More sharing options...
RSJ Posted October 23, 2008 Share Posted October 23, 2008 Don't worry JW, the CFO's that get bailed out will buy your toaster. Link to comment Share on other sites More sharing options...
Jet Moses Posted October 23, 2008 Share Posted October 23, 2008 Don't worry JW, the CFO's that get bailed out will buy your toaster. Good stuff. Link to comment Share on other sites More sharing options...
joewilly Posted October 23, 2008 Share Posted October 23, 2008 Don't worry JW, the CFO's that get bailed out will buy your toaster. haha yeah that'll bring my net cost down to $19,975.01 Link to comment Share on other sites More sharing options...
RSJ Posted October 23, 2008 Share Posted October 23, 2008 haha yeah that'll bring my net cost down to $19,975.01 You will just get 1099'd and the bank will simply eat it at the stockholder's expense. No biggie. If it is out of pocket then you can go back to work. Oh wait nevermind there are no jobs. Btw, 700B divided by every household in the US is roughly 30k per household. Pretty sure that would "stimulate" the economy too. Link to comment Share on other sites More sharing options...
faba Posted October 23, 2008 Share Posted October 23, 2008 I think there is a jets website for sale-at a foreclosure price-you might want to investigate that option. Link to comment Share on other sites More sharing options...
Gagoots Posted October 23, 2008 Share Posted October 23, 2008 "Take My Mess" - DMX Link to comment Share on other sites More sharing options...
Verde Posted October 23, 2008 Share Posted October 23, 2008 The govt should charge a $55 fee to be a VIP American.. that might fix the economy!! Link to comment Share on other sites More sharing options...
DHJF Posted October 23, 2008 Share Posted October 23, 2008 The recession will end in June 2010. GMA said so just this morning. Link to comment Share on other sites More sharing options...
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