Posted 8-15-08. Hmmmmmmm. What does Married to the Sea know that Jim Cramer doesn’t?
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8 Comments
The financiers are desperately trying to snooker us again. We, the taxpayers, will never see that money once Congress caves in to special interests, (as usual). If we try to get it back by taxing these businesses, then they will take the good parts of their portfolios and flee to other countries. Suckers!
If we use that money to enhance social security, then all of the retirees that lost their retirement funds in the stock market will at least be guaranteed a reasonably comfortable retirement. (The only ones who will still be unhappy are the ones trying to retire to their mansions.)
Finally! Congress has found the money to make social security work.
Let Congress know that if they get fooled by this bailout, then the only thing for voters to do is punish congress the way it was punished for the gulf war.
Bryant Arms
Not only do we protect them, we elect them president.
(So good to be back here, admiring your brilliance!)
All the U.S. Congress had to do to fix the problem was nothing.
Just more proof that the world is run by C students.
I was against this bailout.
You should come live here RC, the socialists have bought half the banks, and stopped us poor folk shorting them to recoup our losses!
Alas, I think Boris has tipped your customs and immigration people off to me and I’d just be stranded on Sark or something if I tried to invade.
And you think Brown is a socialist? Brown is nothing more than a craven power-mad right-winger in lefty’s clothing. And poor people can’t short banks; you need a minimum of fifteen thou to short anything.
bollocks, the minimum trade size on my cfd account is one contract (the price of one share) and the minimum commission is £10. The minimum margin requirement is 10% for a big stock.
Sounds like you’ve got too much regulation over there if you need $15k before they’ll let you go short!
Indeed! We obviously need more anarchy!