Re: Bailout 2.0



On Tue, 10 Feb 2009 17:54:49 -0800 (PST), chatnoir wrote:

I've been avoiding comment on Tim Geithner's new bank bailout program
because the rumors of what's in it have been changing on practically
an hourly basis. So why not just wait and see what he announces? Today
he did, and here's the New York Times summary of his four point
program:

I don't think it's bad thing to give Mr. Geitner some cloud cover.

M<aybe Mr. Obama is starting to hear what his party wants: Texans forced to
face the cocks they sucked, before congress and without a non-feasant
executive.

I really do see a parallel with fellatio and involvement in Iraq. Neither
is motivatedby national security. Texans do it as a matter of course:
beers, steers, and queers. Repugs deny that they ever do it, but it turns
out to be the same anti-sex failures that was what the devil needed to make
their pro-warness much worse than a like evil.

The opposite of "sinning boldly" is sinning serially, tragically,
criminally, unlawfully, and spendthriftfully.

Well, the regulators are going to have to go in and look at the books
and determine which banks are viable and which are not! Some banks
may have to go into receivership becuase they are not viable at this
time! We are still talking about a hole that amounts to spending up
to 3-4 billion to get us out of this mess@!

Have they not amply shown that the "reality" in their books is a Fonzi
scheme. Yes, I mean Fonzy scheme: people who were creating assets out of a
rabbit punch to the side of financial mechanisms.

Mr. Obama thinks wrong if he thinks we want to "move on" while these guys
suck good air.

--
larry gates

And you can still put in all that cruft if you want to. You can even
force yourself to have to do it. But to me, it feels a bit like slavery,
so I'm still looking for a land flowing with milk and honey, even if
there are a few giants in it. -- Larry Wall
.



Relevant Pages

  • Who is to Blame for this Mess?
    ... Barack Obama wants to tell a tale about turbulence in the financial ... of debt banks can take on relative to their equity. ... investment banking, banks can offer brokerage services, and you can ... It was politics, too, that created Fannie Mae and Freddie Mac, enabled ...
    (talk.politics.misc)
  • Re: Who ever said Bush couldnt have a third term was wrong.
    ... President Obama signed an executive order last week continuing the ... $2.5 Trillion and a Strong U.S. Hand ... JPMorgan Cuts Unused Credit as Banks Free Up Capital ...
    (misc.survivalism)
  • Krauthammer: Obamas "Scapegoat Strategy"
    ... Obama is opening a Pandora’s ... Exhibit B. Democratic Sen. Dick Durbin rails against Bank of America ... billions of taxpayer dollars to save failing banks. ... to the applause of Democrats suffering acute Tea Party envy ...
    (alt.politics)
  • THE EDITORS: Obama fails to understand the markets.
    ... Barack Obama wants to tell a tale about turbulence in the financial ... of debt banks can take on relative to their equity. ... investment banking, banks can offer brokerage services, and you can ... It was politics, too, that created Fannie Mae and Freddie Mac, enabled ...
    (soc.retirement)
  • Re: (OT) Is racism dead? [Warning, blatant troll...]
    ... the Obama administration has presided over the creation of more ... years as President! ... the banks have been fellated by the Treasury with suspending ...
    (rec.outdoors.rv-travel)