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Archive for October, 2008

What are you willing to give up to see that Pres. Bush’s Wall Street bailout works?

Icon Written by admin on October 31, 2008 – 2:28 am

How about a $/gal tax on imported oil?
How about boycotting imports from Red China?
We may pay more out, but this usually means we will scrimp where it hurts small companies and benefits the larger mass market ones. It is sad to see that, but Wal-mart with benefit tremendously. Essentially, we will give up nothing, but [...]



Who here is against the US Bailout of Wall street?

Icon Written by admin on October 31, 2008 – 2:28 am

I am, it`s going to destroy the dollar, printing off all that money. This is just prolonging it in my opinion. If you can spend money on this why not spend it on health care.. or stop invading random countries.
I know that the bailout was passed, I`m not under a rock. I`m asking peoples opinions [...]



what is mean by subprime loan write-off?

Icon Written by admin on October 31, 2008 – 2:28 am

I read about a subprime crisis in US and resulted write-off by major home loan lenders. Does it mean customer needs not to pay the home loan taken by them and own the house without paying the rest of installment?
No! It means the banks are assuming they won't get paid in full – they [...]



Does Bailout Make Financial Flaws Worse?

Icon Written by admin on October 31, 2008 – 2:28 am

Is the notion of $700 Billion plus Bailout enabling or facilitating an increase in identifiable financial problems? Does covering problematic policy and practice in the financial marketplace with more currency exacerbate the dubious sense of value?
Is any one of the financial geniuses suggesting a restoration of value benchmarks?
In the real world would [...]



Paulson plan expands to include play money?

Icon Written by admin on October 31, 2008 – 2:28 am

http://www.bloggingstocks.com/2008/10/21/paulson-plan-expands-to-include-play-money/
Posted Oct 21st 2008 5:30PM by Zac Bissonnette
Filed under: Comic Relief
The $700 billion bailout plan that was pushed through Congress earlier this month has been expanded to allow financial institutions to exchange play money for cash as the Treasury looks to shore up the financial system and get credit markets moving again.
Congressman Ron Paul of [...]



What was the exact day when Bush first proposed the bailout?

Icon Written by admin on October 31, 2008 – 2:28 am

I need to know the exact day.
Does everyone agree it was September 20, 2008?
Oh, google it for the love of christ

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addthis_title = ‘What+was+the+exact+day+when+Bush+first+proposed+the+bailout%3F’;
addthis_pub = ”;



Was the Wall Street bailout socialism you accept?

Icon Written by admin on October 27, 2008 – 11:48 pm

Im sure you will say it was necessary for everyone, so where do you draw the line?
It was blatant socialism of the worst kind. The markets demanded that these toxic assets be liquidated and home prices should fall to their natural level. Government intervention and Federal Reserve monetary policy created the housing bubble, and anyone [...]



Will an Indian Veshti Tamilan be the proud manager of US financial bailout?

Icon Written by admin on October 27, 2008 – 11:48 pm

Poor in India will be used to bail out the rich in US through voting for Nuke -deal by US Congress.
Yeah. What do Americans expect. American corporations been taking advantage of India and China’s cheap labor for so long (i.e., paying them crappy, far less than living wages) that it’s probably about time some Indians [...]



Subprime Crisis: What primary role is Lehman Brothers playing in the sub-prime business?

Icon Written by admin on October 27, 2008 – 11:48 pm

Is Lehman Brothers the issuer or investor or SPV of the mortgage-backed securities? Who can tell me what really causes the death of Lehman? Its investment in asset-backed securities of subprime loans or its role as a total facilitator of special purpose vehicle in handling the sales transactions?
Answer to Q1:Yes,
Answer to Q2:
Several [...]



Do you agree with the following answer I found on this site?

Icon Written by admin on October 27, 2008 – 11:48 pm

Mortgage banking meltdown: There’s no valid reason but that America’s corporate politicians are subservient to Wall street and the super rich.
The Bush administration on Friday announced plans for a massive and unprecedented federal bailout of the US banking system. In separate appearances Friday morning, Treasury Secretary Henry Paulson and President Bush announced a series of [...]