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jerryguru69 (93.33)

$700B+ Bailout? Oh, fur crying' out loud...

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September 24, 2008 – Comments (6)

Paulson: "the financial markets are clogged with bad debt, and cannot function as is". 'We' have to unclog, but at great expense. What preposterous nonsense.

There are several responsible, intelligent, conservative, old-fashioned banking institutions that acted responsibly and are NOT in trouble. Viz: BAC, JPM, WFC. Check my portfolio. These picks are all UP in value.

Mr. Paulson, puhleeze: your $1T bailout will only benefit those jack*ss banks that gambled big time and rolled 7-out. These bozo's (no offense intended to clowns; sorry to degrade your vocation by associating it with such idiots as investment bankers) deserve to preside over the hideous, public, painful, embarrassing DEATH of the financial institution they loving built, loved, guided, and supported. Let the financial markets panic, free-fall, melt, distintegrate, whatever. The TRUE value of these financial institutions will eventually emerge, and it does NOT matter what the flying heck you do.

 

6 Comments – Post Your Own

#1) On September 25, 2008 at 12:06 AM, jack21222 (99.02) wrote:

Though I don't have any kind of degree in economics nor any detailed knowledge of the inner-workings of the financial industry as a whole, you've outlined my initial reaction perfectly.

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#2) On September 25, 2008 at 12:13 AM, EnergyCzar79 (66.67) wrote:

Do you really think the $700 billion bailout will have no effect? I'm not arguing, I'm just asking.

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#3) On September 25, 2008 at 12:35 AM, jerryguru69 (93.33) wrote:

Ooooh...what a great question. I hope everyone reads it and answers. Here is mine:

The long-term health and safety of debt securities and their market, it does NOT matter whether the bailout package becomes real or dies an ignomanious death.

However, the short-term (2-4 months) ups or downs of the DIA is heavily dependent on the bailout package. Question: is a few weeks of + gains in the DIA worth $1T? IMHO, not on your life.

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#4) On September 25, 2008 at 12:56 AM, BradAllenton (31.72) wrote:

I will answer that question also............ No

1-T won't do it, it won't save anyone from being forclosed on and with an economic down turn (on it's way and getting worse) more people will be bounced from homes they can't afford (when they loose their job).The money won't help people in the crapper or the ones heading there. It takes for granted that the worst is here.... I think not. The money will only help the banks clean up their balance sheets.

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#5) On September 25, 2008 at 9:05 AM, givmeabreak (29.78) wrote:

IT's LOSE!!! NOT LOOSE. One O. Ya know, the opposite of winning. L-O-S-E.

That is the most consistently misspelled word on CAPS.

Sorry, just had to let that out. It's been buggin' me for awhile.

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#6) On September 25, 2008 at 11:29 AM, BradAllenton (31.72) wrote:

I hope you feel vindicated.............clown. By all means don't contribute to the topic just flex your massive I.Q.  pfffffffffft

I'm sure you know that there is scientific proof that the spelling of words is irrelevant. You may have seen the paragraph that the study put out in a chain email. It shuffles letters around as the paragraph moves along to show how it doesn't matter if spelling is altered. Proven by the fact that you knew I meant lose and not loose and also here: og ucfk urslf.

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