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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (375343)	10/1/2008 7:38:30 PM
From: Bid Buster	4 Recommendations Respond to of 436258

Sounds like you've fallen for the propaganda too. Though out history the only working fix for credit bubbles has been credit busts, as revolting as it is. There is never a lasting fix by keeping bubbles growing

To: MythMan who wrote (375343)	10/1/2008 8:22:59 PM
From: Real Man	Respond to of 436258

Right. Giving the gamblers more money sure saves the casino, but what will it do to the real economy? They'll bet on real stuff again, cause nobody creditworthy is left. Prepare for $8/gal. at the pump, while the real economy will keep sinking. The bailouts are getting bigger and bigger. If the bailout policies that led to this mess are not stopped, we'll travel the path of Weimar. Ah, did I mention the growth from $1 quadrillion to $2 quadrillion in derivatives by next year?