Re: Bailout my ass

feeds@yuku.com (PassionatePiscesMan) — Wed, 01 Oct 2008 15:33:57 GMT

BArney Frank, Nancy Peolsi, Harry Reid, Chris Dodd, change we can believe in. O wait a minute ....
It will be DeJavue all over again.

Re: Bailout my ass

feeds@yuku.com (Jakob Speed) — Wed, 01 Oct 2008 15:29:28 GMT

Please, like Havey has taken a single basic economics or micro/macroeconomics course.

Small businesses have a better knowledge of economics than the Barney Franks of the world, who created the opportunity which caused this clusterfuck. It is one thing to have qualified economists and actuaries to tweak regulations, another to allow retarded politicians to shape economic fundamentals which inevitably count on economic welfare from the government to bail them out.

Re: Bailout my ass

feeds@yuku.com (Tres Gay) — Wed, 01 Oct 2008 14:52:04 GMT

Wow, they are just as stupid as you are! WooHoo! This worked REALLY well for Enron!!!111!

Seriously, all this is doing is putting false assets on the books. I can tell you that my house is worth $1M. It isn't worth that much unless I could find a willing buyer to purchase it for $1M. Anyone who wants to do that can have BOTH of my houses ... I'll throw in the second one for free!

All this does is hold off the wolf for a little while. It doesn't do anything to...

Re: Bailout my ass

feeds@yuku.com (HaveyMilktoast) — Wed, 01 Oct 2008 12:21:23 GMT

By John Poirier and Emily Chasan Tue Sep 30, 8:30 PM ET

WASHINGTON (Reuters) - U.S. securities regulators on Tuesday gave the financial industry a reprieve from marking hard-to-value assets down to fire sale prices, throwing a lifeline to an industry beset by strained credit markets and the latest round of

Re: Bailout my ass

feeds@yuku.com (HaveyMilktoast) — Wed, 01 Oct 2008 11:48:37 GMT

Take that Suckstas...........

Today they (the securities and exchange commission ) Adopted the changes I was suggesting.

Did I do it, well I e-mailed every congressman senator and committee I could find but, probably not.

It was fun trying.

Re: Bailout my ass

feeds@yuku.com (Jakob Speed) — Tue, 30 Sep 2008 16:24:44 GMT

I thought this was Havey's request to drain Slip's cum out of his ever so long bottoming ass.

Re: Bailout my ass

feeds@yuku.com (merkyl) — Tue, 30 Sep 2008 16:13:38 GMT

I assume you were kidding, because surely you can't be quite that stupid.

You must be new, welcome to OT.

Re: Bailout my ass

feeds@yuku.com (Tres Gay) — Tue, 30 Sep 2008 16:09:30 GMT

Havey, there is no guarantee that the value of the home will increase in 5 to 6 years. What you are suggesting that we do to get us out of this crisis is the exact theory that got us INTO this crisis.

I assume you were kidding, because surely you can't be quite that stupid.

Re: Bailout my ass

feeds@yuku.com (BoxcutterWilly) — Tue, 30 Sep 2008 15:58:49 GMT

pinkdolphin wrote:
They should just make the people that made millions off of dumb people who bought something they couldn't afford, pay back all their bonuses and salaries.

But I already spent it all.

:c (

I just wanted to put my fellow Americans in homes at any cost. My heart was in the right place.

Re: Bailout my ass

feeds@yuku.com (HaveyMilktoast) — Tue, 30 Sep 2008 15:12:17 GMT

I never understood why they call a Canadian dollar a loon......never mind

*waiting for DHC comment

Re: Bailout my ass

feeds@yuku.com (pinkdolphin) — Tue, 30 Sep 2008 15:11:59 GMT

They should just make the people that made millions off of dumb people who bought something they couldn't afford, pay back all their bonuses and salaries.

Re: Bailout my ass

feeds@yuku.com (Softtaco) — Tue, 30 Sep 2008 14:50:59 GMT

If you burn down a bunch of houses, the rules of supply and demand will make the remaining houses more valuable. And the losses on the destroyed houses will just go to the insurance companies.

Plus, rebuilding them creates jobs.

Re: Bailout my ass

feeds@yuku.com (BoxcutterWilly) — Tue, 30 Sep 2008 14:42:14 GMT

Two years ago I was willing to bet my hobobear* a few hundred bucks that the Canadian dollar wouldn't climb over $.80 (compared to the American dollar)

I think its currently at 94 cents, and it was above par for a while

So I really don't think anyone can bank on these homes coming up in value

*I bet him the contents inside his blanket tied to the end of the stick.

Re: Bailout my ass

feeds@yuku.com (cg41386) — Tue, 30 Sep 2008 14:15:10 GMT

Didn't you make this same exact post in the political thread?

Re: Bailout my ass

feeds@yuku.com (drinkinghotchocolate) — Tue, 30 Sep 2008 14:14:11 GMT

Two years ago I was willing to bet my husband a few hundred bucks that the Canadian dollar wouldn't climb over $.80 (compared to the American dollar)

I think its currently at 94 cents, and it was above par for a while

So I really don't think anyone can bank on these homes coming up in value

Re: Bailout my ass

feeds@yuku.com (Hezbolowme) — Tue, 30 Sep 2008 14:12:01 GMT

What does that have to do with your ass?

Re: Bailout my ass

feeds@yuku.com (GeneOkerlund27) — Tue, 30 Sep 2008 13:57:33 GMT

your theories are intriguing and geneokerlund27 wishes to subscribe to your newsletter

Bailout my ass

feeds@yuku.com (HaveyMilktoast) — Tue, 30 Sep 2008 13:57:05 GMT

Why can't they just change the rules for reporting the value of the mortgages on the books of the banks.

Present rules make them value the mortgages at their markets present value instead of letting them value them in terms of long range investments of 5 or 6 years when they would return to higher prices. ( Do you really think that from now on houses will be cheaper?)

That way the banks would be holding these mortgages for 5 to 6 years instead of...