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August 23, 2007 at 11:17 AM #79928August 23, 2007 at 11:25 AM #79795bubble_contagionParticipant
I remember Bill Gross on MSNBC shouting “The Fed are done! The Fed are done!” (Raising interest rates) after Katrina hit. Of course the feds were not done and continued to raise interest rates several times.
August 23, 2007 at 11:25 AM #79924bubble_contagionParticipantI remember Bill Gross on MSNBC shouting “The Fed are done! The Fed are done!” (Raising interest rates) after Katrina hit. Of course the feds were not done and continued to raise interest rates several times.
August 23, 2007 at 11:25 AM #79946bubble_contagionParticipantI remember Bill Gross on MSNBC shouting “The Fed are done! The Fed are done!” (Raising interest rates) after Katrina hit. Of course the feds were not done and continued to raise interest rates several times.
August 23, 2007 at 12:19 PM #79839safigueroa12ParticipantI am new reader.
Thanks for all the information as it is very helpful.
How real can the bail out be?
Would this move stop the correction in the house market?Thanks
August 23, 2007 at 12:19 PM #79968safigueroa12ParticipantI am new reader.
Thanks for all the information as it is very helpful.
How real can the bail out be?
Would this move stop the correction in the house market?Thanks
August 23, 2007 at 12:19 PM #79991safigueroa12ParticipantI am new reader.
Thanks for all the information as it is very helpful.
How real can the bail out be?
Would this move stop the correction in the house market?Thanks
August 23, 2007 at 12:29 PM #79853hipmattParticipantIt is actually unlikely, we hope. Bush has said in the past that there won’t be any type of federal bailout, and that he felt it wasn’t the right place for government to provide said bailout.
Who knows what will happen if Edwards, Hillary, or Obama get elected, then a bailout is possible.
To create a bailout, you would need an entirely new agency, administration, funds, and likely new taxes, etc. It would take time, and there are many questions, and problems to be worked out.. who gets what?, etc.
It would be a mess if it did happen, let the markets self correct, and people will learn their lessons. Those who risked the most should pay the highest price.
August 23, 2007 at 12:29 PM #80003hipmattParticipantIt is actually unlikely, we hope. Bush has said in the past that there won’t be any type of federal bailout, and that he felt it wasn’t the right place for government to provide said bailout.
Who knows what will happen if Edwards, Hillary, or Obama get elected, then a bailout is possible.
To create a bailout, you would need an entirely new agency, administration, funds, and likely new taxes, etc. It would take time, and there are many questions, and problems to be worked out.. who gets what?, etc.
It would be a mess if it did happen, let the markets self correct, and people will learn their lessons. Those who risked the most should pay the highest price.
August 23, 2007 at 12:29 PM #79980hipmattParticipantIt is actually unlikely, we hope. Bush has said in the past that there won’t be any type of federal bailout, and that he felt it wasn’t the right place for government to provide said bailout.
Who knows what will happen if Edwards, Hillary, or Obama get elected, then a bailout is possible.
To create a bailout, you would need an entirely new agency, administration, funds, and likely new taxes, etc. It would take time, and there are many questions, and problems to be worked out.. who gets what?, etc.
It would be a mess if it did happen, let the markets self correct, and people will learn their lessons. Those who risked the most should pay the highest price.
August 23, 2007 at 12:43 PM #79865safigueroa12Participant“It would be a mess if it did happen, let the markets self correct, and people will learn their lessons. Those who risked the most should pay the highest price.” = very polite.
Risk = Stupidity (when you buy a house you can’t afford or want to become another Trump in a few years ha!).
Thanks for the reply
August 23, 2007 at 12:43 PM #80015safigueroa12Participant“It would be a mess if it did happen, let the markets self correct, and people will learn their lessons. Those who risked the most should pay the highest price.” = very polite.
Risk = Stupidity (when you buy a house you can’t afford or want to become another Trump in a few years ha!).
Thanks for the reply
August 23, 2007 at 12:43 PM #79992safigueroa12Participant“It would be a mess if it did happen, let the markets self correct, and people will learn their lessons. Those who risked the most should pay the highest price.” = very polite.
Risk = Stupidity (when you buy a house you can’t afford or want to become another Trump in a few years ha!).
Thanks for the reply
August 23, 2007 at 1:26 PM #79892bsrsharmaParticipant"Write some checks, bail 'em out…
This guy is usually rational and intelligent. Is he being sarcastic? If not, I don't know what he is saying. Write a check to whom? How much? What are the sources of funds? Can "W" do it without Congress approving it?
August 23, 2007 at 1:26 PM #80019bsrsharmaParticipant"Write some checks, bail 'em out…
This guy is usually rational and intelligent. Is he being sarcastic? If not, I don't know what he is saying. Write a check to whom? How much? What are the sources of funds? Can "W" do it without Congress approving it?
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