How did they come up with 700 billion?

[LostCat]

I’ve tried to write my congressman, but the site crashed…. Makes you wonder. American’s finally want to speak up about something important, but they don’t want to hear it.

WTF….

[HereWeGo]

Bernanke said 700B is 5% of the mortgage market in one of the hearings.

[HereWeGo]

Bernanke said 700B is 5% of the mortgage market in one of the hearings.

[HereWeGo]

Bernanke said 700B is 5% of the mortgage market in one of the hearings.

[HereWeGo]

Bernanke said 700B is 5% of the mortgage market in one of the hearings.

[HereWeGo]

Bernanke said 700B is 5% of the mortgage market in one of the hearings.

[Dougie944]

1 trillion would have sounded too large…so lower it a little…say $700 billion. When they come back in a few months, we will be able to handle the trillion dollar draw.

[Dougie944]

1 trillion would have sounded too large…so lower it a little…say $700 billion. When they come back in a few months, we will be able to handle the trillion dollar draw.

[Dougie944]

1 trillion would have sounded too large…so lower it a little…say $700 billion. When they come back in a few months, we will be able to handle the trillion dollar draw.

[Dougie944]

1 trillion would have sounded too large…so lower it a little…say $700 billion. When they come back in a few months, we will be able to handle the trillion dollar draw.

[Dougie944]

1 trillion would have sounded too large…so lower it a little…say $700 billion. When they come back in a few months, we will be able to handle the trillion dollar draw.

[LostCat]

What happens if the bail out isn’t approved? America is being hit with the perfect storm..

-We’re no longer living on borrowed money (no more homes to cash out of)
– We have no industry here (no bottomline)
– Everyone lives on Credit Cards (so what happens when people lose their job and can’t pay credit card companies).
– Are credit card companies the next to need a bail out?
– What about govt. Who bails them out? Look at the state of Ca, look at the city of San Diego, look at everything. It’s all coming apart.
– what could turn the economy around, if anything? Is there anything? short term. and how ugly can it get?

[LostCat]

What happens if the bail out isn’t approved? America is being hit with the perfect storm..

-We’re no longer living on borrowed money (no more homes to cash out of)
– We have no industry here (no bottomline)
– Everyone lives on Credit Cards (so what happens when people lose their job and can’t pay credit card companies).
– Are credit card companies the next to need a bail out?
– What about govt. Who bails them out? Look at the state of Ca, look at the city of San Diego, look at everything. It’s all coming apart.
– what could turn the economy around, if anything? Is there anything? short term. and how ugly can it get?

[LostCat]

What happens if the bail out isn’t approved? America is being hit with the perfect storm..

-We’re no longer living on borrowed money (no more homes to cash out of)
– We have no industry here (no bottomline)
– Everyone lives on Credit Cards (so what happens when people lose their job and can’t pay credit card companies).
– Are credit card companies the next to need a bail out?
– What about govt. Who bails them out? Look at the state of Ca, look at the city of San Diego, look at everything. It’s all coming apart.
– what could turn the economy around, if anything? Is there anything? short term. and how ugly can it get?

[LostCat]

What happens if the bail out isn’t approved? America is being hit with the perfect storm..

-We’re no longer living on borrowed money (no more homes to cash out of)
– We have no industry here (no bottomline)
– Everyone lives on Credit Cards (so what happens when people lose their job and can’t pay credit card companies).
– Are credit card companies the next to need a bail out?
– What about govt. Who bails them out? Look at the state of Ca, look at the city of San Diego, look at everything. It’s all coming apart.
– what could turn the economy around, if anything? Is there anything? short term. and how ugly can it get?

[Author]

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