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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (149816)9/24/2008 12:13:11 PM
From: Smiling BobRead Replies (2) | Respond to of 306849
 
"Otherwise, it's a little like saving sex for your old age.''
--
The 100 billion dollar man held on to his bar stool sense of humor.

He's betting on bailout. It's sounding like a scaled down compromise may happen at best.

I'm tiring of Ben and Hank incessantly threatening with dire economic consequences if it doesn't pass. That's total BS and someone needs to call them on it. They want to pass the blame of the now unavoidable sharp downturn on Congress' delay or failure to act.



To: Les H who wrote (149816)9/24/2008 12:25:15 PM
From: marcherRespond to of 306849
 
...a bathtub--you can't have cold water in the front and hot water in the back...

uh, hot water like the excessive bonus scheme. seems you can.



To: Les H who wrote (149816)9/24/2008 12:45:11 PM
From: benwoodRead Replies (1) | Respond to of 306849
 
I lost my respect for Buffet, just like that.

The ass has the audacity to say that Americans' must do the "right thing" by handing over 1000 or 2000 billion dollars, and expect zero (0.00000 percent of profits) in return.

And then he "invests" .005 trillion dollars and expects a handsome return.

Ah, if 1-2 trillion for nothing in return is the 'right thing' then isn't .005 trillion for nothing *also* the right thing?

If this were England we were bailing out with taxpayer money, there's no question we'd get a *huge* piece of the pie.

If this bailout money came *from* England, there's no question that THEY would get a huge piece of he pie. Or from communists, say from PRC.

The don't like that they gambled away all their marbles, and if they get taxpayer money as an equity stake, the majority owner in many of these banks and investment houses would be the US taxpayer, so we'd get the majority of profits, too. Hey, no fair!! Waaaaa! Mommy! I lost all my marbles and Jimmy won't give 'em back!! Waaaa! Try that in Vegas, dude.

No, these rich bastards want to get a mulligan, and they want somebody *else* to pay for it.