[CA renter]

Let’s assume we go along with the above bailout (FDIC, MM funds, SIPC, PBGC, etc.) and let the rest fall.

What do you two think the consenquences will be? Who, exactly, will be hurt, and for how long?

[CA renter]

can someone explain his statement?
——————-

Why…yes I can!

Bill Gross just happens to have…mortgage paper, other debt, and all the lovely paper associated with therewith.

He would just LOVE for the govt to bail his sorry a$$ out, now wouldn’t he?

I used to respect him because he was talking about a housing bubble years ago, and seemed to know what was coming. Maybe he knew exactly what was coming and made the money in the meantime, KNOWING that the govt would bail him out in the end. He is a pig.

[CA renter]

can someone explain his statement?
——————-

Why…yes I can!

Bill Gross just happens to have…mortgage paper, other debt, and all the lovely paper associated with therewith.

He would just LOVE for the govt to bail his sorry a$$ out, now wouldn’t he?

I used to respect him because he was talking about a housing bubble years ago, and seemed to know what was coming. Maybe he knew exactly what was coming and made the money in the meantime, KNOWING that the govt would bail him out in the end. He is a pig.

[CA renter]

can someone explain his statement?
——————-

Why…yes I can!

Bill Gross just happens to have…mortgage paper, other debt, and all the lovely paper associated with therewith.

He would just LOVE for the govt to bail his sorry a$$ out, now wouldn’t he?

I used to respect him because he was talking about a housing bubble years ago, and seemed to know what was coming. Maybe he knew exactly what was coming and made the money in the meantime, KNOWING that the govt would bail him out in the end. He is a pig.

[CA renter]

can someone explain his statement?
——————-

Why…yes I can!

Bill Gross just happens to have…mortgage paper, other debt, and all the lovely paper associated with therewith.

He would just LOVE for the govt to bail his sorry a$$ out, now wouldn’t he?

I used to respect him because he was talking about a housing bubble years ago, and seemed to know what was coming. Maybe he knew exactly what was coming and made the money in the meantime, KNOWING that the govt would bail him out in the end. He is a pig.

[CA renter]

can someone explain his statement?
——————-

Why…yes I can!

Bill Gross just happens to have…mortgage paper, other debt, and all the lovely paper associated with therewith.

He would just LOVE for the govt to bail his sorry a$$ out, now wouldn’t he?

I used to respect him because he was talking about a housing bubble years ago, and seemed to know what was coming. Maybe he knew exactly what was coming and made the money in the meantime, KNOWING that the govt would bail him out in the end. He is a pig.

[CA renter]

Thanks for making that connection, nostradamus!

Well…as I see it, either they are stocking up for something, or they are one of the largest producers of these things, and have always made them there.

Wonder if anyone has any info as to whether they are a long-standing outfit or if this is something new.

I’m also thinking Obama and McCain will step back and agree to let Bush stay in office “until we get through the current crisis”. This may be one of those times when things get really weird.

Frick…I just want to get out of here, but not sure where a safe place is…we’re all in this together, aren’t we? 🙁

[CA renter]

Thanks for making that connection, nostradamus!

Well…as I see it, either they are stocking up for something, or they are one of the largest producers of these things, and have always made them there.

Wonder if anyone has any info as to whether they are a long-standing outfit or if this is something new.

I’m also thinking Obama and McCain will step back and agree to let Bush stay in office “until we get through the current crisis”. This may be one of those times when things get really weird.

Frick…I just want to get out of here, but not sure where a safe place is…we’re all in this together, aren’t we? 🙁

[CA renter]

Thanks for making that connection, nostradamus!

Well…as I see it, either they are stocking up for something, or they are one of the largest producers of these things, and have always made them there.

Wonder if anyone has any info as to whether they are a long-standing outfit or if this is something new.

I’m also thinking Obama and McCain will step back and agree to let Bush stay in office “until we get through the current crisis”. This may be one of those times when things get really weird.

Frick…I just want to get out of here, but not sure where a safe place is…we’re all in this together, aren’t we? 🙁

[CA renter]

Thanks for making that connection, nostradamus!

Well…as I see it, either they are stocking up for something, or they are one of the largest producers of these things, and have always made them there.

Wonder if anyone has any info as to whether they are a long-standing outfit or if this is something new.

I’m also thinking Obama and McCain will step back and agree to let Bush stay in office “until we get through the current crisis”. This may be one of those times when things get really weird.

Frick…I just want to get out of here, but not sure where a safe place is…we’re all in this together, aren’t we? 🙁

[CA renter]

Thanks for making that connection, nostradamus!

Well…as I see it, either they are stocking up for something, or they are one of the largest producers of these things, and have always made them there.

Wonder if anyone has any info as to whether they are a long-standing outfit or if this is something new.

I’m also thinking Obama and McCain will step back and agree to let Bush stay in office “until we get through the current crisis”. This may be one of those times when things get really weird.

Frick…I just want to get out of here, but not sure where a safe place is…we’re all in this together, aren’t we? 🙁

[CA renter]

The Dow is likely to go to the 6,000-8,000 range even if they do bail everyone out, IMHO. These levels were absolutely expected by the long-time bears (with some expecting an even lower number).

Let’s imagine they let it go, then what??? The monetary system would shrink, housing prices would drop, stocks would drop and credit would become hard to get. Doesn’t sound so terrible to me. At least then, those with money would be able to step in and put a floor under everything (there is still a LOT of money out there). With the bailouts, the period of rising unemployment, falling stock and housing prices, social disorder, etc. will be prolonged…not avoided.

Let’s get this over with already!

[CA renter]

The Dow is likely to go to the 6,000-8,000 range even if they do bail everyone out, IMHO. These levels were absolutely expected by the long-time bears (with some expecting an even lower number).

Let’s imagine they let it go, then what??? The monetary system would shrink, housing prices would drop, stocks would drop and credit would become hard to get. Doesn’t sound so terrible to me. At least then, those with money would be able to step in and put a floor under everything (there is still a LOT of money out there). With the bailouts, the period of rising unemployment, falling stock and housing prices, social disorder, etc. will be prolonged…not avoided.

Let’s get this over with already!

[CA renter]

The Dow is likely to go to the 6,000-8,000 range even if they do bail everyone out, IMHO. These levels were absolutely expected by the long-time bears (with some expecting an even lower number).

Let’s imagine they let it go, then what??? The monetary system would shrink, housing prices would drop, stocks would drop and credit would become hard to get. Doesn’t sound so terrible to me. At least then, those with money would be able to step in and put a floor under everything (there is still a LOT of money out there). With the bailouts, the period of rising unemployment, falling stock and housing prices, social disorder, etc. will be prolonged…not avoided.

Let’s get this over with already!

[CA renter]

The Dow is likely to go to the 6,000-8,000 range even if they do bail everyone out, IMHO. These levels were absolutely expected by the long-time bears (with some expecting an even lower number).

Let’s imagine they let it go, then what??? The monetary system would shrink, housing prices would drop, stocks would drop and credit would become hard to get. Doesn’t sound so terrible to me. At least then, those with money would be able to step in and put a floor under everything (there is still a LOT of money out there). With the bailouts, the period of rising unemployment, falling stock and housing prices, social disorder, etc. will be prolonged…not avoided.

Let’s get this over with already!

[Author]

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