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September 24, 2008 at 11:14 PM in reply to: Carlyle group urges fast approval of bailout so it can help taxpayers #275017September 24, 2008 at 11:14 PM in reply to: Carlyle group urges fast approval of bailout so it can help taxpayers #275268
jficquette
ParticipantThey want the government involved because they want some degree of stabilization before they make a bid.
John
September 24, 2008 at 11:14 PM in reply to: Carlyle group urges fast approval of bailout so it can help taxpayers #275270ParticipantThey want the government involved because they want some degree of stabilization before they make a bid.
John
September 24, 2008 at 11:14 PM in reply to: Carlyle group urges fast approval of bailout so it can help taxpayers #275319ParticipantThey want the government involved because they want some degree of stabilization before they make a bid.
John
September 24, 2008 at 11:14 PM in reply to: Carlyle group urges fast approval of bailout so it can help taxpayers #275336ParticipantThey want the government involved because they want some degree of stabilization before they make a bid.
John
ParticipantThe Banking system normally only keeps a few billion in actual cash on hand. The rest is lent to other banks for short term, overnight needs.
Due to the panic banks are hording cash and not lending it out to others. As of last week it was approx $90 Billion. That is why the Fed put in $180 billion in intrabank liguidity last week. It was done to give banks confidence that they didn’t have to horde money.
The cash horded comes out of the liquidity pool.
John
ParticipantThe Banking system normally only keeps a few billion in actual cash on hand. The rest is lent to other banks for short term, overnight needs.
Due to the panic banks are hording cash and not lending it out to others. As of last week it was approx $90 Billion. That is why the Fed put in $180 billion in intrabank liguidity last week. It was done to give banks confidence that they didn’t have to horde money.
The cash horded comes out of the liquidity pool.
John
ParticipantThe Banking system normally only keeps a few billion in actual cash on hand. The rest is lent to other banks for short term, overnight needs.
Due to the panic banks are hording cash and not lending it out to others. As of last week it was approx $90 Billion. That is why the Fed put in $180 billion in intrabank liguidity last week. It was done to give banks confidence that they didn’t have to horde money.
The cash horded comes out of the liquidity pool.
John
ParticipantThe Banking system normally only keeps a few billion in actual cash on hand. The rest is lent to other banks for short term, overnight needs.
Due to the panic banks are hording cash and not lending it out to others. As of last week it was approx $90 Billion. That is why the Fed put in $180 billion in intrabank liguidity last week. It was done to give banks confidence that they didn’t have to horde money.
The cash horded comes out of the liquidity pool.
John
ParticipantThe Banking system normally only keeps a few billion in actual cash on hand. The rest is lent to other banks for short term, overnight needs.
Due to the panic banks are hording cash and not lending it out to others. As of last week it was approx $90 Billion. That is why the Fed put in $180 billion in intrabank liguidity last week. It was done to give banks confidence that they didn’t have to horde money.
The cash horded comes out of the liquidity pool.
John
Participant[quote=equalizer]Why didnt President Bush and the Repubs in 2000-2006 do anything about Fannie Freddie? What, they were blackmailed by dems? Dems had no power, they still dont. Real Answer: Those slime lobbyists paid off 368 out of 435 House and most Senators, and Greenspan gave them all cover. [/quote]
“Here’s the lead of a New York Times story on Sept. 11, 2003: “The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.”
“Bush tried to act. Who stopped him? Congress, especially Democrats with their deep financial and patronage ties to the two government-sponsored enterprises, Fannie and Freddie.”
Our system is not a parliamentary system where the majority rules. It takes more then the majority to get things done. Rules procedures. Witness even now, as the Dems are the majority now but can’t get anything done with the Republicans.
The real blame lies at the feet of the selfish greedy baby boomers who were born with a sense of entitlement who have no intentions of sacrificing anything for the generations to come.
John
Participant[quote=equalizer]Why didnt President Bush and the Repubs in 2000-2006 do anything about Fannie Freddie? What, they were blackmailed by dems? Dems had no power, they still dont. Real Answer: Those slime lobbyists paid off 368 out of 435 House and most Senators, and Greenspan gave them all cover. [/quote]
“Here’s the lead of a New York Times story on Sept. 11, 2003: “The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.”
“Bush tried to act. Who stopped him? Congress, especially Democrats with their deep financial and patronage ties to the two government-sponsored enterprises, Fannie and Freddie.”
Our system is not a parliamentary system where the majority rules. It takes more then the majority to get things done. Rules procedures. Witness even now, as the Dems are the majority now but can’t get anything done with the Republicans.
The real blame lies at the feet of the selfish greedy baby boomers who were born with a sense of entitlement who have no intentions of sacrificing anything for the generations to come.
John
Participant[quote=equalizer]Why didnt President Bush and the Repubs in 2000-2006 do anything about Fannie Freddie? What, they were blackmailed by dems? Dems had no power, they still dont. Real Answer: Those slime lobbyists paid off 368 out of 435 House and most Senators, and Greenspan gave them all cover. [/quote]
“Here’s the lead of a New York Times story on Sept. 11, 2003: “The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.”
“Bush tried to act. Who stopped him? Congress, especially Democrats with their deep financial and patronage ties to the two government-sponsored enterprises, Fannie and Freddie.”
Our system is not a parliamentary system where the majority rules. It takes more then the majority to get things done. Rules procedures. Witness even now, as the Dems are the majority now but can’t get anything done with the Republicans.
The real blame lies at the feet of the selfish greedy baby boomers who were born with a sense of entitlement who have no intentions of sacrificing anything for the generations to come.
John
Participant[quote=equalizer]Why didnt President Bush and the Repubs in 2000-2006 do anything about Fannie Freddie? What, they were blackmailed by dems? Dems had no power, they still dont. Real Answer: Those slime lobbyists paid off 368 out of 435 House and most Senators, and Greenspan gave them all cover. [/quote]
“Here’s the lead of a New York Times story on Sept. 11, 2003: “The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.”
“Bush tried to act. Who stopped him? Congress, especially Democrats with their deep financial and patronage ties to the two government-sponsored enterprises, Fannie and Freddie.”
Our system is not a parliamentary system where the majority rules. It takes more then the majority to get things done. Rules procedures. Witness even now, as the Dems are the majority now but can’t get anything done with the Republicans.
The real blame lies at the feet of the selfish greedy baby boomers who were born with a sense of entitlement who have no intentions of sacrificing anything for the generations to come.
John
Participant[quote=equalizer]Why didnt President Bush and the Repubs in 2000-2006 do anything about Fannie Freddie? What, they were blackmailed by dems? Dems had no power, they still dont. Real Answer: Those slime lobbyists paid off 368 out of 435 House and most Senators, and Greenspan gave them all cover. [/quote]
“Here’s the lead of a New York Times story on Sept. 11, 2003: “The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.”
“Bush tried to act. Who stopped him? Congress, especially Democrats with their deep financial and patronage ties to the two government-sponsored enterprises, Fannie and Freddie.”
Our system is not a parliamentary system where the majority rules. It takes more then the majority to get things done. Rules procedures. Witness even now, as the Dems are the majority now but can’t get anything done with the Republicans.
The real blame lies at the feet of the selfish greedy baby boomers who were born with a sense of entitlement who have no intentions of sacrificing anything for the generations to come.
John
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