Home › Forums › Housing › Bank of American appears to have written the Dodd-Shelby banking bailout bill
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June 21, 2008 at 11:14 PM #226587June 21, 2008 at 11:18 PM #226424
SD Realtor
ParticipantCA renter I agree with you… However the Durbins, Shumer, Dodds of the world are gonna be tap dancing bigtime come the Obama inauguration. I am trying to make sure that I take all earnings I can this year because in the next 4 years I will be expected to share my earnings with basically everyone else no matter how hard I work and how little they work.
June 21, 2008 at 11:18 PM #226538ParticipantCA renter I agree with you… However the Durbins, Shumer, Dodds of the world are gonna be tap dancing bigtime come the Obama inauguration. I am trying to make sure that I take all earnings I can this year because in the next 4 years I will be expected to share my earnings with basically everyone else no matter how hard I work and how little they work.
June 21, 2008 at 11:18 PM #226552ParticipantCA renter I agree with you… However the Durbins, Shumer, Dodds of the world are gonna be tap dancing bigtime come the Obama inauguration. I am trying to make sure that I take all earnings I can this year because in the next 4 years I will be expected to share my earnings with basically everyone else no matter how hard I work and how little they work.
June 21, 2008 at 11:18 PM #226580ParticipantCA renter I agree with you… However the Durbins, Shumer, Dodds of the world are gonna be tap dancing bigtime come the Obama inauguration. I am trying to make sure that I take all earnings I can this year because in the next 4 years I will be expected to share my earnings with basically everyone else no matter how hard I work and how little they work.
June 21, 2008 at 11:18 PM #226597ParticipantCA renter I agree with you… However the Durbins, Shumer, Dodds of the world are gonna be tap dancing bigtime come the Obama inauguration. I am trying to make sure that I take all earnings I can this year because in the next 4 years I will be expected to share my earnings with basically everyone else no matter how hard I work and how little they work.
June 21, 2008 at 11:20 PM #226429gandalf
ParticipantYes, I have concerns too. I’m supporting Obama. He’s the best chance we have to get past the partisanship that defines the current crowd. Also, the most important issue for me is energy research and Barack is out front on this.
With RE bailouts, I don’t agree with Obama’s position. I’m against socializing the losses. I recognize the risks to the broader economy, credit market issues, etc. but I still don’t think we should be talking bailouts.
If it does occur, note the finance and banking industries are the primary recipients, not homeowners. ‘Socializing’ the losses benefits banks, investors and Wall Street first, with ‘trickle-down’ effects to individuals.
Also, you have to recognize that the inflation we’re incurring right now, dollar devaluation, etc., while nobody calls it a ‘bail-out’, it’s another form of a subsidy, means of relieving pressure on corporate balance sheets.
The whole situation is very complex, definitely shades of grey. It’ll be interesting to look back in 10 years and understand more completely what happened. Right now, it doesn’t look like there are any easy ways out.
June 21, 2008 at 11:20 PM #226543ParticipantYes, I have concerns too. I’m supporting Obama. He’s the best chance we have to get past the partisanship that defines the current crowd. Also, the most important issue for me is energy research and Barack is out front on this.
With RE bailouts, I don’t agree with Obama’s position. I’m against socializing the losses. I recognize the risks to the broader economy, credit market issues, etc. but I still don’t think we should be talking bailouts.
If it does occur, note the finance and banking industries are the primary recipients, not homeowners. ‘Socializing’ the losses benefits banks, investors and Wall Street first, with ‘trickle-down’ effects to individuals.
Also, you have to recognize that the inflation we’re incurring right now, dollar devaluation, etc., while nobody calls it a ‘bail-out’, it’s another form of a subsidy, means of relieving pressure on corporate balance sheets.
The whole situation is very complex, definitely shades of grey. It’ll be interesting to look back in 10 years and understand more completely what happened. Right now, it doesn’t look like there are any easy ways out.
June 21, 2008 at 11:20 PM #226557ParticipantYes, I have concerns too. I’m supporting Obama. He’s the best chance we have to get past the partisanship that defines the current crowd. Also, the most important issue for me is energy research and Barack is out front on this.
With RE bailouts, I don’t agree with Obama’s position. I’m against socializing the losses. I recognize the risks to the broader economy, credit market issues, etc. but I still don’t think we should be talking bailouts.
If it does occur, note the finance and banking industries are the primary recipients, not homeowners. ‘Socializing’ the losses benefits banks, investors and Wall Street first, with ‘trickle-down’ effects to individuals.
Also, you have to recognize that the inflation we’re incurring right now, dollar devaluation, etc., while nobody calls it a ‘bail-out’, it’s another form of a subsidy, means of relieving pressure on corporate balance sheets.
The whole situation is very complex, definitely shades of grey. It’ll be interesting to look back in 10 years and understand more completely what happened. Right now, it doesn’t look like there are any easy ways out.
June 21, 2008 at 11:20 PM #226585ParticipantYes, I have concerns too. I’m supporting Obama. He’s the best chance we have to get past the partisanship that defines the current crowd. Also, the most important issue for me is energy research and Barack is out front on this.
With RE bailouts, I don’t agree with Obama’s position. I’m against socializing the losses. I recognize the risks to the broader economy, credit market issues, etc. but I still don’t think we should be talking bailouts.
If it does occur, note the finance and banking industries are the primary recipients, not homeowners. ‘Socializing’ the losses benefits banks, investors and Wall Street first, with ‘trickle-down’ effects to individuals.
Also, you have to recognize that the inflation we’re incurring right now, dollar devaluation, etc., while nobody calls it a ‘bail-out’, it’s another form of a subsidy, means of relieving pressure on corporate balance sheets.
The whole situation is very complex, definitely shades of grey. It’ll be interesting to look back in 10 years and understand more completely what happened. Right now, it doesn’t look like there are any easy ways out.
June 21, 2008 at 11:20 PM #226602ParticipantYes, I have concerns too. I’m supporting Obama. He’s the best chance we have to get past the partisanship that defines the current crowd. Also, the most important issue for me is energy research and Barack is out front on this.
With RE bailouts, I don’t agree with Obama’s position. I’m against socializing the losses. I recognize the risks to the broader economy, credit market issues, etc. but I still don’t think we should be talking bailouts.
If it does occur, note the finance and banking industries are the primary recipients, not homeowners. ‘Socializing’ the losses benefits banks, investors and Wall Street first, with ‘trickle-down’ effects to individuals.
Also, you have to recognize that the inflation we’re incurring right now, dollar devaluation, etc., while nobody calls it a ‘bail-out’, it’s another form of a subsidy, means of relieving pressure on corporate balance sheets.
The whole situation is very complex, definitely shades of grey. It’ll be interesting to look back in 10 years and understand more completely what happened. Right now, it doesn’t look like there are any easy ways out.
June 21, 2008 at 11:32 PM #226439Aecetia
ParticipantIt is not that complex: follow the money for the answer.
June 21, 2008 at 11:32 PM #226553ParticipantIt is not that complex: follow the money for the answer.
June 21, 2008 at 11:32 PM #226567ParticipantIt is not that complex: follow the money for the answer.
June 21, 2008 at 11:32 PM #226595ParticipantIt is not that complex: follow the money for the answer.
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