He's a republican moonbat. Has no clue what he's talking about. The bailout would be very good for the economy.
A four minute video that explains (to even an idiot) why we are in this mess: <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/t_LWQQrpSc4&hl=en&fs=1&rel=0"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/t_LWQQrpSc4&hl=en&fs=1&rel=0" type="application/x-shockwave-flash" allowfullscreen="true" width="425" height="344"></embed></object>
Screw you jackass, you promised never to post again. Maybe instead of posting you should be writing your representatives telling them what is going to happen if they vote this bill in.
I love how even conservatives are spewing the 'main street is being affected, payrolls are being threatened, auto loans are drying up' bullshit now. If you ever wondered if the media was a collective Tokyo Rose propagandist organization, here's your prima facie proof. Auto and home loans, and credit in general, is drying up because banks have change their lending standards. Even IF this bill helped to re-liquidate them, that wouldn't change. I have yet to hear or see a single case of payrolls being 'threatened' if this legislation isn't forced down our throats. Total crock of shit. The spike in LIBOR was the ultimate clever scheme. Props to them for creating the 'crisis' to allow them to accomplish their goals.
what if they let the market fall,let these greedy credit swaps go belly up,and then come in and fund the leftover banks,secure the mortgages that the now dead banks had that were the base for the credit swaps,the few credit swaps who didnt crap out after their margin calls,will be secured at a much cheaper price and we didnt bail out a lot of theives,just the biggest ones,and let a lot of the others die naturally by survival of the fittest,in any case they havent delivered yet on a promise that it (bailout plan) will be final on sunday nite,monday afternoon,wednesday at the latest,now wednesday nite at 6:30 eastern,why not during the day when the markets are open, maybe because it still wont pass