- #1121 of 1788
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Re: Well then the above post [iluvmysephia1]
by Mr_Shiftright HOST
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Nov 13, 2008 (4:05 pm)
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Replying to: iluvmysephia1 (Nov 13, 2008 3:17 pm)
I'm surprised the bearings in the Treasury printing presses haven't worn out already. Now they'll be working overtime.
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- #1122 of 1788
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Re: Well then the above post [Mr_Shiftright]
by gagrice
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Nov 13, 2008 (4:10 pm)
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Replying to: Mr_Shiftright (Nov 13, 2008 4:05 pm)
They are probably German or Japanese bearings  Designed to give years of trouble free service.
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- #1123 of 1788
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Re: The American People have spoken.... [grbeck]
by circlew
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Nov 13, 2008 (5:03 pm)
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Replying to: grbeck (Nov 13, 2008 1:43 pm)
I have to give it to Wagoner. He baited and switched performance statements painting an optimistic picture and said bankruptcy was not an option as earnings were released in Q2 and Q3. Unfortunatly, the proposition passed for the $25B for re-tooling has firm conditions that will need to be amended...Paulson will not allow use of the $700B for the TARP.
He (Wagoner) will be proved correct because Congress won't let that (BK) happen...or will it?
Dems Can't Pass Bailout
Regards,
OW
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- #1124 of 1788
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Re: The American People have spoken.... [Mr_Shiftright]
by berri
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Nov 13, 2008 (5:20 pm)
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Replying to: Mr_Shiftright (Nov 13, 2008 9:31 am)
Washington runs on politics and money. The big purveyor of those are the lobbyists who get most of their money from business and other financially flush organizations and people like unions, special interest groups and multimillionaires. I'm afraid K Street will make this call like most other major decisions.
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- #1125 of 1788
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Re: The American People have spoken.... [berri]
by Mr_Shiftright HOST
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Nov 13, 2008 (5:35 pm)
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Replying to: berri (Nov 13, 2008 5:20 pm)
makes you wonder if someday tourists from some other country will come here dripping in gold jewelry and waving $10,000 bills at us to pay for a magazine and talking loud in a language we can't hope to understand. 
Where or where is all this money we're spending COMING FROM?
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- #1126 of 1788
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Re: The American People have spoken.... [Mr_Shiftright]
by qbrozen
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Nov 13, 2008 (5:44 pm)
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Replying to: Mr_Shiftright (Nov 13, 2008 5:35 pm)
Where or where is all this money we're spending COMING FROM?
From a printing press.
I mean, c'mon. Money is just an illusion anyway, ain't it? Some sort of completely fabricated representation of value.
Spend all you want. We'll print more.
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- #1127 of 1788
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Re: The American People have spoken.... [Mr_Shiftright]
by gagrice
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Nov 13, 2008 (5:45 pm)
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Replying to: Mr_Shiftright (Nov 13, 2008 5:35 pm)
Haven't the Russian Oligarchs already started buying fancy penthouses in NYC and homes in Florida. Seems they have run the prices beyond what anyone could imagine a couple years ago. Mexicans from Sonora are up looking for real estate bargains in Texas. We have sold lots of properties to Arab Oil states. I think it has already started.
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- #1128 of 1788
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Re: The American People have spoken.... [gagrice]
by fintail
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Nov 13, 2008 (7:21 pm)
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Replying to: gagrice (Nov 13, 2008 5:45 pm)
Indeed, the Russians already own a decent little chunk of England...a the family of a co-worker of mine from an upper-middle class Mexican background actually owns a house in Texas (McAllen or something) they bought simply to use for shopping trips in the US.
This fiat wallpaper currency, managed by greedy irresponsible idiots who operate in a void of accountability, will be the downfall of the US.
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- #1129 of 1788
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Re: The American People have spoken.... [fintail]
by steve_ HOST
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Nov 13, 2008 (8:08 pm)
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Replying to: fintail (Nov 13, 2008 7:21 pm)
The Oligarchs are getting hammered (and bailed out) too.
First government bailouts awarded to Russian oligarchs (IHT.com)
"Companies belonging to two of Russia's richest men are among the first to be awarded loans from a $50 billion government bailout fund intended to help Russian companies repay debts to Western banks, rather than allow the banks to seize assets that had been pledged as collateral."
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- #1130 of 1788
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I wanted to buy GM until...
by svtguy
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Nov 13, 2008 (11:54 pm)
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the dealer was so discouraged he didn't even try to sell the car:
http://latimesblogs.latimes.com/uptospeed/2008/11/i-really-really.html
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