Archive for September, 2008

Stampeded By Fear, Scammed By Lies: Why the Bailout Failed

Tuesday, September 30th, 2008

There are several reasons why this version of the bailout failed . Every member of the House is facing re-election in less than six weeks, and their constituents are angry. They’re angry at the government’s lack of oversight and …
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Stepping Back

Tuesday, September 30th, 2008

So House Republicans voted against their standard bearer’s own bailout by a margin of two to one, a dose of free-market principles that sent the Dow into the crapper. So Reagan-style Republicanism failed here, but Noah argues this was …
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In the Wake of the Failed Bailout Bill…

Tuesday, September 30th, 2008

Writing for the Wall Street Journal, Min Zeng and Mark Gongloff report that in the wake of the failure to pass the bailout bill, overnight lending rates are ratcheting up–a trend which was already well on its way before the vote. …
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Bailout Fails , Bush Pays the Money Anyway…Scumbag.

Tuesday, September 30th, 2008

And do you think Congress is going to stop trying to push their bailout plans? Not likely. It was reported that 93% of people polled oppose a bailout and congress received messages at a ratio of 300 to 1 against rescuing the nations …
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Wall St. Welfare Bill Fails ; Consumer Confidence and Stock Market Up

Tuesday, September 30th, 2008

Economists surveyed by Thomson/IFR expected a reading of 55.5. As of 1 pm the Dow Jones Industrial Avg. was up (+274.15 / +2.64%) at 10639.60. So much for the Armageddon scenario if the bailout package failed .
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Hearty Advice For When the Dow Falls 700 Pts

Tuesday, September 30th, 2008

You can split the cost or even get it comped if you spend enough. Whatever you, I only ask you for one thing-don’t reuse the toliet paper. Posted in Advice times, Uncategorized Tagged: advice, Beauty, deals, dow jones , finances, money, …
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Dow Jones Jumps After 777 Pt Loss

Tuesday, September 30th, 2008

“One day after the biggest point drop in its history, the Dow Jones industrial average rose 485 points, or more than 4.5 percent . . .” Posted in Everything Else Tagged: 485, 777, Dow Jones .
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Glenn Beck, Jonah Goldberg Fantasize About Violently Cutting Open …

Tuesday, September 30th, 2008

What if the Bail Out , fails ?? (0); Was the Bailout Vote a Partisan Set-Up? (0); Union Leaders: Bail Out Main Street, Not Just Wall Street (0); The Bailout mess, where is Barack Obama? (0); Shrum And Begala On Obama’s Next Bailout Move …
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Economy Meltdown: Bailout Vote Fails . Dow Bounces. Bush Warns …

Tuesday, September 30th, 2008

Economists are leery of this bailout . Buying bad debt is a dangerous method, says S. Mallaby at WaPo. Editorial dogfights. Editorials are getting really nasty. One analyst says “[our] political leaders…have failed utterly and …
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The Bail Out Failed - Do Not Panic (Continued)

Tuesday, September 30th, 2008

The problem with the bail out is that it appears to bail out banks, not homeowners who are facing foreclosure. What will happen is that the government will buy up all the inventory the banks hold. I believe that all the purchased …
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