Why does Wall Street always get bailed out?

[Nancy_s soothsayer]

Poor Mr. Countrywide-CEO Mozillo. His over $500-Million cash-outs were not yet good enough for him, he was crying for a bailout so that the gravy train for him keep on chugging along. And he got his wish from his friends from the Fed. (Sarcasm off)

The supply-side, trickle down bailout he received would hopefully throw some bits and scraps to the homedebtors in 4-Closure ranch.

Piggs are 99.99% humane and don’t wish harm to anybody. We are like the WEATHERMEN on tv who point out to a Cat.5 hurricane coming. We may look giddy and excited delivering the news, but we sure don’t wish any harm or don’t hope for armageddon on anybody. We are just focusing on the fact that everybody should take precaution and seek financial shelter AND don’t repeat the mistakes of stupid suckers. We also debate on what’s the best strategy to deal with the coming onslaught.

Why can’t some people here be MORE SOPHISTICATED to know the nuance of our giddyness and stop badgering us as nefarious people. Enough already.

[lendingbubblecontinues]

Guys-

I think we give Chris and other momentum/technical traders too much license to preach to us here…last time I checked the World’s Richest People list didn’t include a single trader. Never will.

Remember this people…everything works and nothing works all at the same time. Also, everything that works does so right up until the time that it doesn’t work anymore. Brilliant-I know;)

Now, let’s back to watching this thing unfold.

[lendingbubblecontinues]

Guys-

I think we give Chris and other momentum/technical traders too much license to preach to us here…last time I checked the World’s Richest People list didn’t include a single trader. Never will.

Remember this people…everything works and nothing works all at the same time. Also, everything that works does so right up until the time that it doesn’t work anymore. Brilliant-I know;)

Now, let’s back to watching this thing unfold.

[lendingbubblecontinues]

Guys-

I think we give Chris and other momentum/technical traders too much license to preach to us here…last time I checked the World’s Richest People list didn’t include a single trader. Never will.

Remember this people…everything works and nothing works all at the same time. Also, everything that works does so right up until the time that it doesn’t work anymore. Brilliant-I know;)

Now, let’s back to watching this thing unfold.

[NotCranky]

I think we all like to be right. I think the posters who are celebrating the downside results lately, are celebrating being right more than they are wishing for the financial system to collapse. Is it really surprising that one us would brag about calling something right? These recent convulsions are a huge vindication to those endowed of the opinions espressed on this blog, in the face of almost universal rejection for years. A flop in the stock market or a business failure here and there is a stimulus/reminder that the convictions held were valid. You might even say we are celebrating the possibiliity that the financial system might become more rational. We will see the possiblity of profiting through hard work and preserverance as opposed to being confronted by a fraudulent game every day, one that pushes puchasing shelter in a resonable way further and further out of the realm or begs for debt slavery.

[NotCranky]

I think we all like to be right. I think the posters who are celebrating the downside results lately, are celebrating being right more than they are wishing for the financial system to collapse. Is it really surprising that one us would brag about calling something right? These recent convulsions are a huge vindication to those endowed of the opinions espressed on this blog, in the face of almost universal rejection for years. A flop in the stock market or a business failure here and there is a stimulus/reminder that the convictions held were valid. You might even say we are celebrating the possibiliity that the financial system might become more rational. We will see the possiblity of profiting through hard work and preserverance as opposed to being confronted by a fraudulent game every day, one that pushes puchasing shelter in a resonable way further and further out of the realm or begs for debt slavery.

[NotCranky]

I think we all like to be right. I think the posters who are celebrating the downside results lately, are celebrating being right more than they are wishing for the financial system to collapse. Is it really surprising that one us would brag about calling something right? These recent convulsions are a huge vindication to those endowed of the opinions espressed on this blog, in the face of almost universal rejection for years. A flop in the stock market or a business failure here and there is a stimulus/reminder that the convictions held were valid. You might even say we are celebrating the possibiliity that the financial system might become more rational. We will see the possiblity of profiting through hard work and preserverance as opposed to being confronted by a fraudulent game every day, one that pushes puchasing shelter in a resonable way further and further out of the realm or begs for debt slavery.

[kewp]

lendingbubble,

Can’t argue with that! I’ve said it here before, its kind of hard to fail when someone is spraying free money at you from a firehouse. Until you leverage it and they stop, that is.

[kewp]

lendingbubble,

Can’t argue with that! I’ve said it here before, its kind of hard to fail when someone is spraying free money at you from a firehouse. Until you leverage it and they stop, that is.

[kewp]

lendingbubble,

Can’t argue with that! I’ve said it here before, its kind of hard to fail when someone is spraying free money at you from a firehouse. Until you leverage it and they stop, that is.

[lendingbubblecontinues]

Well put, Rustico. I am looking forward to seeing the people who “made their living” sitting around outside Starbucks in the middle of the workday finally be forced to find honest work.

Back to work, losers!!

[lendingbubblecontinues]

Well put, Rustico. I am looking forward to seeing the people who “made their living” sitting around outside Starbucks in the middle of the workday finally be forced to find honest work.

Back to work, losers!!

[lendingbubblecontinues]

Well put, Rustico. I am looking forward to seeing the people who “made their living” sitting around outside Starbucks in the middle of the workday finally be forced to find honest work.

Back to work, losers!!

[sdrealtor]

I question that we bulls faced almost universal rejection. Most people I know beleived prices were ridiculous but just didnt care because they werent in housing for the money. My mother for example would constantly say this is craziness as would thousands of others in her comunity. What we have heard for years is the media pumping real estate while the average citizen really couldnt gave a damn.

[sdrealtor]

I question that we bulls faced almost universal rejection. Most people I know beleived prices were ridiculous but just didnt care because they werent in housing for the money. My mother for example would constantly say this is craziness as would thousands of others in her comunity. What we have heard for years is the media pumping real estate while the average citizen really couldnt gave a damn.

[Author]

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