Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: JBTFD who wrote (140851)	10/11/2008 1:05:17 PM
From: Kevin Rose	3 Recommendations Read Replies (2) \| Respond to of 173976

It is likely that the US government will end up becoming the backstop, through a near socialization of the markets. But only at the end of a long slide. Once again, if anything one hundredth as bad as this had happened as a result of Democrats, the righteous right would be throwing up nooses. The irony that the coming socialization is being caused by supposedly socialism-hating Republicans is too thick to even see through. Maybe that is what is freezing up the credit markets - thick and oozing irony.

To: JBTFD who wrote (140851)	10/11/2008 2:15:42 PM
From: geode00	1 Recommendation Read Replies (1) \| Respond to of 173976

I hear conservative credit unions are doing fine. I don't know, I hear of people getting mortgages and buying houses and looking for great deals on cars. The economy is rolling along although not as happily as during bubblicious years. IMO Paulson/Bernanke and Bush (of course) are actually making the situation much worse by using the fear mongering tactics they used around the bail out. I don't see them trying to go into these institutions to see what's what so that the drip-drip-drip of negative surprises doesn't continue to hamper the markets. I don't see them providing a blueprint towards the orderly regulation of these markets or, at least, they are not telling us about it. I really don't see why they don't get on the tube for a couple of hours and tell us in detail (like adults) what is going on and what they are doing about it. Confidence isn't created when there isn't much info.