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madmex2000 Report This Comment
Date: September 25, 2008 02:01PM




Mrkim Report This Comment
Date: September 25, 2008 03:23PM

As usual madnez, it's a bit more complicated than you might comprehend.

Bail 'em out at a cost we as a country can't afford & will have our grandkids still payin for or .... Not bail 'em out and pretty much business as we now know it disappears.

Even now money is so tight it's seriously straining business getting done and companies looking to make capital investments in machinery to upgrade or improve their business positions are dead in the water because no one's loanin shit till this gets sorted out.

Small scale businesses who typically aren't looking for customers wanting to invest more than a few thousand bucks, no biggee. For my business, where customers are looking at investments more substantial than that, and need the ability to borrow $$ for their purchases and amortize the costs over a span of a few years, it's all come to a stand still.

Just be happy you're in a position to hold the one you have on this issue winking

Not sayin I'm all for the bail-out either, as there's certainly a helluva cost to us all and I don't see it as one the American public has any responsibility to shoulder. Then again, without some kind of fix for the multifaceted problem at hand, the impact could be far more grave to us all than most would think.

The analysts perdict the fallout of not working to resolve this problem could lead to instantly dropping us into a serious recession and a an increased level of loan foreclosures, which could extend well past loans on just housing.

Many loans offer the lender the right to call the loan due at any point and as the banking industry tries to pull themselves up from their respective bootstraps, callin in large packages of loans could be a way of doing so.

With all that in mind, the old saying "careful what you wish for as you may surely get it" is something to ponder mightily before weighing in on this issue winking

Placelowerplace Report This Comment
Date: September 25, 2008 04:54PM

I vote for NO Bail out, it is time the fraudulent credit capitalist corporations eat it. start fresh with real currency made from actual metals, no paper no pretend money. no insurance giants, no more! Let go back to were you buy something because you actually have the money to pay for it and the profit is made up front and not some backwards interest deification scheme.

I say fuck em and see where the cards fall. I am tired of the game as it is because no one wins but the rich.
Monster1 Report This Comment
Date: September 25, 2008 05:11PM

Bill Clinton Blames Democrats for Financial Crisis

Going very much against the media meme that the current financial crisis is all George W. Bush and the Republicans' fault, Bill Clinton on Thursday told ABC's Chris Cuomo that Democrats for years have been "resisting any efforts by Republicans in the Congress or by me when I was President to put some standards and tighten up a little on Fannie Mae and Freddie Mac" (video available here, relevant section at 2:45).

ToucanSam Report This Comment
Date: September 25, 2008 10:09PM

I'm tired of this monopoly money and have moral issues with credit. It's time for simpler times.
Mrkim Report This Comment
Date: September 25, 2008 10:25PM

That's all well and good, but when was the last time you or anyone you know plopped down the cash to buy a new car, home, boat, motorcycle, vacation home, or a $100k+ piece of machinery? Sorry, but credit, especially in industry, is a necessary evil and ain't likely to go away winking

I have a very simple rule on personal credit, I charge, I pay it at the end of the month, if I can't outright buy it, then I hafta save to get it. Then again I live a simple life, one home, 1 old car & lotsa toys ... all paid for with cash thumbs


Edited 1 time(s). Last edit at 25/09/2008 10:29PM by Mrkim.
ToucanSam Report This Comment
Date: September 25, 2008 10:27PM

Me. Everything I've ever bought. Cash, Oh I mean monopoly notes.

I know it's the way of the world, but I only spend what I have. Even if that means saving, and saving, and saving, and saving. Hard times and all that will pay off. Never in debt.

Edited 1 time(s). Last edit at 25/09/2008 10:29PM by ToucanSam.
quasi Report This Comment
Date: September 25, 2008 10:46PM

I don't like the bailout one bit, but I also think that if we don't share some of the load now the whole damned roof is gonna fall in and a lot more people are going to get hurt a la a depression of the sort my parents had to struggle through. There's plenty of blame to go around, too, despite madmex's idea that only one person is to blame. I hate to see bigger government and more regulations but the greed and stupidity of so many people that drove this crisis to this point needs to be halted somehow.
Mrkim Report This Comment
Date: September 25, 2008 10:53PM

I'm sure you understand that's a rarity, right winking

Mrkim Report This Comment
Date: September 25, 2008 10:58PM

I know most folks viewed Ron Paul as a nut case, but one point he was adamant about was getting rid of the Federal Reserve, which I wholeheartedly agree with. Not that it would have mattered much in this case, but it is definitely a stranglehold on our country and as most of you already know is NOT even a government entity, although it manipulates our $$, it's value and the inflation/deflation rates almost single handedly angry

madmex2000 Report This Comment
Date: September 26, 2008 12:39AM

Hey quasi your not gonna share the load ,but get the whole damn load in your face , and homie clown dont swing like that.

i run a business and i dont use credit. If i dont have cash ,then no buy.
quasi Report This Comment
Date: September 26, 2008 01:22AM

Where would we be without your eloquence, madmex?
jgoins Report This Comment
Date: September 26, 2008 11:34AM

Sounds to me like some of you would like to see a run on banks. I personally would not like to see this happen as I do have a little in the bank for a change. Don't know much about the bailout but if it will prevent bank failures then I am for it.
bigbrutedan Report This Comment
Date: September 26, 2008 02:10PM

This is by far the worst shape I have ever seen this country in. Democrats, Republicans, Hell they are all the same. If you want to solve a problem, you must first rid yourselves of the reasons why the problems exist in the first place.
Ron Paul would have been a better choice over McCain that is for sure, but there again, the puppeteers pull the strings and the puppet is chosen. While Hilary was not an option over Obama, the Dems had no better choice, so there again, puppet chosen. What ever happened to a good independent candidate? Where is Ross Perot when you need him? Jesse Venturi? Ron Jeremy? Hell, anyone? The first step to fixing this country is to stop worrying about third world countries. Worry about our borders. I heard Palin say we need to take the fight to the terrorist. Tell me how you do that without another World effort? Are we the only ones concerned about it? Maybe we should just take on the Devil himself? I believe it would be the same cause. Fact is, protect our borders, create jobs here, buy here and sell here. Stop lobbyists and corporate greed and get a pay scale that everyone can live with. We have been taught from a young age, or I should say programmed that in order to be an American, you must first get an education (College) buy a half million dollar house, own several cars and maybe a Hummer, and tour the world on lavish vacations. Well, fact of the matter is, this is why most Americans are in trouble now. Over extended and greedy. This collapse of the banking system will send a direct message to the American people that we are going to have to rethink the way we live. We can not use tax payer money since we are the ones that fund everything including a war that should have never been started in the first place. Oh by the way, where is Bin Laden, he has become a regular Waldo. I hope we have an Independent Candidate besides Ralph Nader that can come out and step up to the plate. Maybe not this election, but by the next one. Say hello to your next puppet, President Obama. Man that is going to take some getting use to.
Monster1 Report This Comment
Date: September 26, 2008 02:29PM

All this Financial shit going on weeks away from the election makes me wonder if the Demofags didn't had a hand in it ?. I sure hope I'm wrong cause the next logical thing to happen (in a couple of weeks) is another 'TERRORIST" attack on America, which would be the GOP answer to the Demofag Wall Street crisis.....drinking smiley
quasi Report This Comment
Date: September 26, 2008 10:37PM

While I don't agree with all your points, bigbrutedan, I can really get behind your statement that many Americans are programmed to be overextended and greedy. I think it's a pretty even split that the blame for this mess is the desire of so many people to have more than they can afford (and more, and more, and more) and the willingness of the lending industry to foolishly loan money to those people.
fossil_digger Report This Comment
Date: September 26, 2008 11:21PM

"where is bin laden?"
he's fucking dead and in hell, and has been since Tora Bora.
Placelowerplace Report This Comment
Date: September 26, 2008 11:48PM

Quasi, I have to agree with your last statement. Big Dan there said a mouth full. thumbs

though Ron Paul did a Ross Perot on us except he didn't ask to come back. what ever the case maybe be. McCain is looking like a loser at this point, unless one of the States pulls a Florida Ballot election, but honestly if voting really worked it would be Illegal. I think no matter what, we all have to ride this one out even though we all know it is headed straight into the ground and it is picking up speed. It has to get worse before it gets worse and it is already really bad.

I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. —Thomas Jefferson, 1802
Mrkim Report This Comment
Date: September 27, 2008 04:09AM

The validity of the logic in that quote is sooooo appropriate these days. Then again, it really always was, just seems to really hit home today most especially smileys with beer


Edited 1 time(s). Last edit at 27/09/2008 04:09AM by Mrkim.
ORLANDO399 Report This Comment
Date: September 27, 2008 04:52AM

First time i have ever seen a pic that got eight straight one votes,congrats fag mexdrinking smiley
jgoins Report This Comment
Date: September 27, 2008 10:44AM

If Obama wins the election it will be the worst day in our history, even worse then Dec 7, 1941.
shaDEz Report This Comment
Date: September 28, 2008 08:58AM

"not bail 'em out, and pretty much business as we know it will end." what kind of business is this!. It does not have to be this way. "we as a country..." come on! we have no country! They bail themselves out and not you. They don't give a fuck about you. And you have none of their rights, you get blood soaked crumbs from their spoils of their imperialist war. This sounds no different than religious dogma to me, what you're saying.
jgoins Report This Comment
Date: September 28, 2008 11:21AM

If the government was overthrown, what makes you think the new government would care about us any more? During the turmoil of an overthrow some other entity can come in and take over our government with little trouble then we will no longer be Americans. Habla espanole and grab your koran.
Mrkim Report This Comment
Date: September 28, 2008 02:12PM

Hey shaDEz, still waitin on your example of even ONE SINGLE COMMUNIST REGIME that's ever really worked.

It's been quite some time since I asked for you to show us the shining example of how well your ideologies work when implemented, but I guess it's just not forthcoming. Why not? I mean, it might actually draw someone over to your side, yakno, increase the Comrade Quotient and all that nifty shit if you'd just do so, so why haven't you done so?

I guess just like the rest of the weak idealist out there it's easier to sit on the sidelines and talk shit about those in action than it is to actually provide examples of workable solutions to problems.

Though I view such actions as weak and divisive, with the same level of impact in enabling a viable solution to the problem as pissin on a forest fire and complainin nothing's bein done about it while hundreds of other work towards the same result around you with more effective tools.

But, hey, thanks to the semi-free speech OUR country still allows You and I (<-or did you forget this IS the country you and I were both born into?), you are still allowed to spew your divisive rhetoric, even when it offers no viable solution and really only serves to further muddy the already murky social and political waters.

Since no one here seems to be payin much heed to your Communist blatherings maybe a good place to practice your ideologies would be Iran, Iraq, Palestine or one of those other lovely hot spots in the region. I mean afterall, those cats are sure all for change here and they might just welcome a new perspective ..... what do ya think confused smiley

zxz555 Report This Comment
Date: September 28, 2008 10:10PM

Kim, while shadez might be batting for a team that just ain't gonna win this season at least he is getting off his ass and trying. How many other people (Americans or Europeans) do you know who try to make a difference? Most people just accept "shit happens" and look the other way, refusing to believe that things can get better.
I see it over here from one country to the next, different expectations bring different results. Shadez wants change and he might not get a Communist Amerika but he and his buddies might exert enough pressure to weaken the currently corrupt and failing system and make a change for the better.
I mean, your current economy has been on the verge of collapse for a few years now and when it goes the power goes with it, and the US doesn't have too many friends abroad... Of course that won't happen, at least not a huge shift in the balance as some people are predicting, but something has to change sooner or later.
talldarkandold57 Report This Comment
Date: September 29, 2008 04:20AM

the only good coming out of this financial crisis is that tons of illegals are heading back home to their places of origin.
I say if there are close to 3.5 million legal citizens here in the U.S.of A., let the government give us all 1 million dollars each, to spend and stimulate our economy, $3.5 mil is a lot cheaper than the $700 billion they want!
ORLANDO399 Report This Comment
Date: September 29, 2008 04:35AM

now its nine...anyone wanna make it ten?hot smiley
ORLANDO399 Report This Comment
Date: September 29, 2008 04:39AM

11?hot smiley
shaDEz Report This Comment
Date: September 29, 2008 08:11AM

well, if maybe someone would try to read one of the many things I've posted up links to...

but, not really expecting too much success on such a section--matter of fact I've grown to have contempt for some, particularily when I'm not, oh nevermind. Don't really give too much of a fuck either, it is entertaining though to see just how backwards and religious... well it is really sad, but I'm not too, oh nevermind niether...

I know I suck... I could never talk on the level necessary, nor can I talk very concretely. Only really useful (and itching like a junky) for... oh nevermind once again