the bailout

Originally Posted by Danzig

http://www.msnbc.msn.com/id/26884523/

seems an agreement has been reached, and the cost is the original price tag bush asked for. all i can say is i hope to hell it works, as the govt is putting us in quite a hole, and i'd hate to see us have to dig even deeper to fix what this presumably will fix.

i must say, i understand why they feel the need to do this, but i still think it's bullsh!t. this should never have been allowed to get to this point, and it pisses me off immensely that our govt takes far too long to act on things. oil prices have been how high for how long, and they just decided a few days ago to open up oil leases. why aren't we thinking ahead, instead of being reactionary???

regardless of who wins the election, i can't wait til jan 20 so we can get that idiot and his minions out of office. i just wish he could take the idiots in congress with him, and only leave those who actually want to take care of this country.

In the long run this might be a good thing.
They really need to take a long hard look at the
mess in its entirety because there are a lot of
people who looked the other way at greedy deeds.

Bond raters, stock holders of these companies, CEO's,
etc... This could really help us understand the exact nature
of this mess. And how companies covered up very bad numbers.

But as for right now the bottom line is we gotta get money moving
again. Everyone has their arms wrapped around what they
have, the stream needs to flow. There is a whole lot of
psychology involved in economics I guess.