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The "welfare kings" cost too much
It was disgusting watching Schwartz and Dimon in their $600 shirts, esp. Schwartz who complained that "rumors and innuendoes" were being spread that BS was in trouble, and that caused its downfall. Senators were crying like babies at the thought that, as stated by all witnesses, that the entire financial sector would have collapsed, had BS filed for bankruptcy.
What a fucking sham and disgrace. The taxpayers are going to be screwed to the wall.
If what you were told is true, OK then, but Bear Stearns should damn well pay the taxpayers back every single penny.
With interest.
Maybe I'm a dreamer, but I wonder if I can float that kind of crapola with my creditors?
.... or maybe- just maybe- I better make sure my Hubby and babies are up for homelessness first, eh?
As long as we all get a turn. There are a lot of heads that need to roll and I don't want you to wear your arm out.
seems she's got the "Wright" kind of problem!!!
http://blogs.tnr.com/tnr/blogs/the_stump/archiv...
http://rawstory.com/news/2008/Rove_calls_Siegel...
The vote today had nothing to do with the merits. The bill had been changed to address any honest, good-faith policy arguments the lending industry could make. Instead, the vote was simply a matter of 58 Senators sucking up to their masters on Wall Street.
Maybe if democrats were not ashamed of being democrats and acted more like democrats our country would not be in as bad of shape and people would have stood some chance.
I feel the democrats sold out to the repubicans and only now are beginning to find their way back. Slowly.
It's like, he became PM and overnight they took his brain, returned it next day and he's Bush's new poodle. Same with the British PM, who talked big about being against the war in Iraq, but not realizes they "must keep troops in Basra" for longer...
German Chancellor...the one who got startled when Bush inappropriately started giving a backrub to her, she's making nice with Bush.
And that little insight, from a UN meeting where we overheard Bush talking to Blair by accident, him with the roll crumbs falling out of his mouth, talking like some mafia enforcer, no class, and as if Blair were his 10 dollar hooker, and Blair lapping it up.
Even Jimmy Carter, publicly makes statements last year about Bush being the WORST prez in history, and not two days later mumbling how he was "taken out of context" and didn't mean it quite like that...
Wonder if it has more to do with the eavesdropping. Folk in power always have something to hide, which means blackmail is pretty easy to do...
Just wait, I'll be posting as a wingnut tomorrrow, recanting my whole life.
bankrupt Countrywide got bought out by Bank of America, and now the disgraced CEO and president were awarded bonuses of $10 million and $9 million respectively. How does floundering Bank of America do it? well, for one thing, they no longer issue student loans...
The bill as it stands has nothing to do with its title. It now is set as a cleanup measure for after people loose their homes.
It is time to strike this exception and add fairness and a freer market out there. Why should primary residences be encumbered when the abuses from the exception are toppling our economy.
You are not a stupid person though we disagree on a lot so I would like to hear your honest answer.
The stock market; gold and silver markets, are all saying the crisis is over. They're dealing with the fallout in Europe now. The Europeans had a huge stake in US subprime mortgage derivatives.
http://blogs.abcnews.com/politicalradar/2008/04...
Come on, Stuart; ever heard of Joe Lieberman? One vote away from a Republican majority...