CALL YOUR REPRESENTATIVES!!!

[sdduuuude]

[quote=qwerty007]You can’t be against bail-outs until you are certain of what the consequence of not doing so are going to be[/quote]

Funny. I think of it just the opposite. Don’t do a $1.2 trillion bailout until you are certain of what the consequences will be. They will surely be bad.

[quote=qwerty007]The notion that market forces should be allowed to do its work, is fine in situations where they created the problem. [/quote]

In that case, call your representatives and say you are all for the bailout as long as they abolish the Fed, stop borrowing money cuz THAT’S what created the problem.

I’m with Mish on this one:
[quote=MISH ARTICLE]What The Problem Really Is

The Fed
Fractional Reserve Lending
Congressional Meddling In The Free Market
Congressional Spending
An Unsound Currency
An Unsound Banking System
[/quote]

http://globaleconomicanalysis.blogspot.com/2008/09/senate-majority-leader-reid-no-one.html

[34f3f3f]

Funny. I think of it just the opposite. Don’t do a $1.2 trillion bailout until you are certain of what the consequences will be. They will surely be bad.

Perhaps, except there’s pretty much a consensus amongst “those who know” that to do nothing is the worse of the two options.

Congressional Meddling In The Free Market.

Well then you are agreeing with me aren’t you?

[34f3f3f]

Funny. I think of it just the opposite. Don’t do a $1.2 trillion bailout until you are certain of what the consequences will be. They will surely be bad.

Perhaps, except there’s pretty much a consensus amongst “those who know” that to do nothing is the worse of the two options.

Congressional Meddling In The Free Market.

Well then you are agreeing with me aren’t you?

[34f3f3f]

Funny. I think of it just the opposite. Don’t do a $1.2 trillion bailout until you are certain of what the consequences will be. They will surely be bad.

Perhaps, except there’s pretty much a consensus amongst “those who know” that to do nothing is the worse of the two options.

Congressional Meddling In The Free Market.

Well then you are agreeing with me aren’t you?

[34f3f3f]

Funny. I think of it just the opposite. Don’t do a $1.2 trillion bailout until you are certain of what the consequences will be. They will surely be bad.

Perhaps, except there’s pretty much a consensus amongst “those who know” that to do nothing is the worse of the two options.

Congressional Meddling In The Free Market.

Well then you are agreeing with me aren’t you?

[34f3f3f]

Funny. I think of it just the opposite. Don’t do a $1.2 trillion bailout until you are certain of what the consequences will be. They will surely be bad.

Perhaps, except there’s pretty much a consensus amongst “those who know” that to do nothing is the worse of the two options.

Congressional Meddling In The Free Market.

Well then you are agreeing with me aren’t you?

[SD Transplant]

I do agree that action must be taken. However, I would like to see the big picture, and there are a couple of immediate options that make sense:

1) Write your congressman/senators/representative
= keep the status quo

2) Elections are in just a few months/day – let’s make our voices heard PROPERLY.
= DO NOT VOTE ANY INCUMBANT IN THE OFFICE AGAIN

I choose # 2 as the only message left to do. This message ought to be unified and strong.

[SD Transplant]

I do agree that action must be taken. However, I would like to see the big picture, and there are a couple of immediate options that make sense:

1) Write your congressman/senators/representative
= keep the status quo

2) Elections are in just a few months/day – let’s make our voices heard PROPERLY.
= DO NOT VOTE ANY INCUMBANT IN THE OFFICE AGAIN

I choose # 2 as the only message left to do. This message ought to be unified and strong.

[SD Transplant]

I do agree that action must be taken. However, I would like to see the big picture, and there are a couple of immediate options that make sense:

1) Write your congressman/senators/representative
= keep the status quo

2) Elections are in just a few months/day – let’s make our voices heard PROPERLY.
= DO NOT VOTE ANY INCUMBANT IN THE OFFICE AGAIN

I choose # 2 as the only message left to do. This message ought to be unified and strong.

[SD Transplant]

I do agree that action must be taken. However, I would like to see the big picture, and there are a couple of immediate options that make sense:

1) Write your congressman/senators/representative
= keep the status quo

2) Elections are in just a few months/day – let’s make our voices heard PROPERLY.
= DO NOT VOTE ANY INCUMBANT IN THE OFFICE AGAIN

I choose # 2 as the only message left to do. This message ought to be unified and strong.

[SD Transplant]

I do agree that action must be taken. However, I would like to see the big picture, and there are a couple of immediate options that make sense:

1) Write your congressman/senators/representative
= keep the status quo

2) Elections are in just a few months/day – let’s make our voices heard PROPERLY.
= DO NOT VOTE ANY INCUMBANT IN THE OFFICE AGAIN

I choose # 2 as the only message left to do. This message ought to be unified and strong.

[CA renter]

I’m all for the following bailouts:

1. FDIC

2. SIPC (for brokerage accounts)

3. PBGC (guarantee/backstop for retirees and their money)

4. Money-market accounts under the FDIC like they have already done.

5. A fund that will help the insurance companies pay out regular property and casualty claims to citizens.

I think the large financial institutions can be taken over completely, with all existing and future potential profits staying with the govt (wind-down, and do NOT spin-off into the private market when it’s profitable again).

And the most important thing of all is to investigate all the regulators, ratings agencies, and executives/directors of the large financial institutions, politicians and others who enabled and encouraged this to happen in the first place. The Federal Reserve should be at the top of that list. ALL of their assets should be seized (overseas accounts, accounts held in family/friends names, homes, cars, yachts…EVERYTHING) to pay for all the damage they’ve done. This should be done BEFORE a single cent of taxpayers’ money is used.

Why do we hear about all the investigations into short selling when the real criminals are right under their nose (those who pushed the credit market to expand like it did).

[CA renter]

I’m all for the following bailouts:

1. FDIC

2. SIPC (for brokerage accounts)

3. PBGC (guarantee/backstop for retirees and their money)

4. Money-market accounts under the FDIC like they have already done.

5. A fund that will help the insurance companies pay out regular property and casualty claims to citizens.

I think the large financial institutions can be taken over completely, with all existing and future potential profits staying with the govt (wind-down, and do NOT spin-off into the private market when it’s profitable again).

And the most important thing of all is to investigate all the regulators, ratings agencies, and executives/directors of the large financial institutions, politicians and others who enabled and encouraged this to happen in the first place. The Federal Reserve should be at the top of that list. ALL of their assets should be seized (overseas accounts, accounts held in family/friends names, homes, cars, yachts…EVERYTHING) to pay for all the damage they’ve done. This should be done BEFORE a single cent of taxpayers’ money is used.

Why do we hear about all the investigations into short selling when the real criminals are right under their nose (those who pushed the credit market to expand like it did).

[CA renter]

I’m all for the following bailouts:

1. FDIC

2. SIPC (for brokerage accounts)

3. PBGC (guarantee/backstop for retirees and their money)

4. Money-market accounts under the FDIC like they have already done.

5. A fund that will help the insurance companies pay out regular property and casualty claims to citizens.

I think the large financial institutions can be taken over completely, with all existing and future potential profits staying with the govt (wind-down, and do NOT spin-off into the private market when it’s profitable again).

And the most important thing of all is to investigate all the regulators, ratings agencies, and executives/directors of the large financial institutions, politicians and others who enabled and encouraged this to happen in the first place. The Federal Reserve should be at the top of that list. ALL of their assets should be seized (overseas accounts, accounts held in family/friends names, homes, cars, yachts…EVERYTHING) to pay for all the damage they’ve done. This should be done BEFORE a single cent of taxpayers’ money is used.

Why do we hear about all the investigations into short selling when the real criminals are right under their nose (those who pushed the credit market to expand like it did).

[CA renter]

I’m all for the following bailouts:

1. FDIC

2. SIPC (for brokerage accounts)

3. PBGC (guarantee/backstop for retirees and their money)

4. Money-market accounts under the FDIC like they have already done.

5. A fund that will help the insurance companies pay out regular property and casualty claims to citizens.

I think the large financial institutions can be taken over completely, with all existing and future potential profits staying with the govt (wind-down, and do NOT spin-off into the private market when it’s profitable again).

And the most important thing of all is to investigate all the regulators, ratings agencies, and executives/directors of the large financial institutions, politicians and others who enabled and encouraged this to happen in the first place. The Federal Reserve should be at the top of that list. ALL of their assets should be seized (overseas accounts, accounts held in family/friends names, homes, cars, yachts…EVERYTHING) to pay for all the damage they’ve done. This should be done BEFORE a single cent of taxpayers’ money is used.

Why do we hear about all the investigations into short selling when the real criminals are right under their nose (those who pushed the credit market to expand like it did).

[Author]

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