Bailout fails

https://www.youtube.com/watch?v=yjnvSQuv-H4

 

nice link..here is one to

https://www.youtube.com/watch?v=WtwGyxzxBDg&feature=related

 

i'm excited.

I still live with my parents, though, and my mom is not in favor of getting chickens. WE NEED CHICKENS!

 

There's lots of tax raising room in the US. And an emergency is a smokescreen for changes. I mean, the big fixup job after the gilded age was FDR in 32. Granted, the crisis was already old news then.

The upshot is that Obama has no money for any of his social programs. Universal Health Care could require a reliance on a taxation system. But I mean, reversing the Bush tax cuts and closing corporate loopholes would provide more than enough revenue. Unfortunately, I think they've created precisely the kind of environment where Democratic social plans require them to raise taxes. And then look bad in the face of "fiscally conservative republicans".

It's tough to predict what'll happen when we don't know the shape of this crisis. Without 60 votes in the Senate I imagine there'll be a lot of delaying tactics from the GOP minority there over tax changes. However, hosing 1% of the population is an idea with potential. They can run a lot of ads until they get hosed, it's basically what FDR did and what Reagan undid.

 

Time to start cleaning your guns

 

gotta love it,the market closed down 777...

 

yep, when was the last single session down tick of that magnitude?

 

sept 11th 2001 I just read.

Edit: Sept 17th 2001 (the first full day of trading after 9/11)

 

An inflationary depression would be much worse and last much longer, as that would completely destroy the currency (which is what the powers that be want).

 

This is a great time to take advantage of the opportunities out there to make money...I am still thinking what it would be though.

 

Cash loans.

 

That's not what you said earlier today.

 

I'm scared we are going to enter a recession like they say.

 

Hide in your room till it's over then. it's the safest place

 

I know your joking and I would starve to death first

 

we've been in a recession.

 

yes, i am kidding. My dog's name is Love. I can't eat her. she is our baby and sweetie.

but to be honest....if you are starving you don't know what you will do.

 

I've got to bail, this is too scary...I can only take it one day at a time

 

No recession yet. Economy has been steadily rising. Barely but rising. Might change this quarter though.

 

You're joking right?