Bailout fails

Markets tumble.

 

figures

 

haven't been near the news.....

they decided not to do it?

 

It didn't pass.

206 YEA; 227 NAY

http://www.breitbart.com/article.php?id=D93GHNC02&show_article=1

 

we are all dead. lol

 

well is it wrong of me to think GOOD!

 

i don't think it is wrong because that's the way i feel about it too...

 

good

 

good, we can be wrong together

 

Well, I think we're in for a serious mess either way. Now it may be sooner than later, unless they try to ram it through a second time. It won't really be known for a day or two.

 

yep serious mess indeed. its gonna happen anyway...

 

all those stupid refinances and crap loans...it is their own fault for making credit so easy to get..

 

but that sooner will help us see the light sooner, if we're ever going to.

 

is this a bad time to take out a student loan?

 

It's going to be interesting to see what plays out in the coming days/weeks/months.

 

I'm fattening up my dog so that I can eat her when all else fails.

 

i'll say this, i wouldn't be going to any private companies to get any student loans.

 

I did go and buy the big bag of rice and another of beans...50lb bags from Costco

 

Smart move.

 

are government backed loans really any better at this point?

I'm just asking b/c I really hate the concept of living beyond your means and buying everything with credit and accumulating debt, but if I don't take out a loan I'm going to have to quit school, and with the economy the way it is....eh....I'm at a crossroads.