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TheBreeze
ParticipantEs ist jetzt nicht die Zeit für die Befragung unserer großen Fuhrer:
ParticipantEs ist jetzt nicht die Zeit für die Befragung unserer großen Fuhrer:
ParticipantEs ist jetzt nicht die Zeit für die Befragung unserer großen Fuhrer:
ParticipantEs ist jetzt nicht die Zeit für die Befragung unserer großen Fuhrer:
Participant12 years old? I was going for 14.
You know, at first I was disappointed in this Geithner guy as well, but the more I think about, the more I think it was a genius pick. As usual, and as I explan below, BHO is way ahead of you plebes.
Here’s what I think the Big O did: He of course recognizes that we are in an economic crisis. And, he recognizes that there is value in continuity during an economic crisis. He didn’t want to panic the stock market, so he picks Geithner. Geithner is flawed, but he’s not going to spook the stock market.
But, and try to stay with me here, Geithner is just a figurehead. He isn’t going to be making the economic decisions. Obama and his Economic Advisory Team will be making the decisions. Geithner is nothing more than a figurehead and an errand boy who will carry out those decisions.
Once this crisis passes, Geithner will be asked to resign and a new, more palatable Treasury Secretary will be brought in.
Gawwwwdddddamn that Obama’s a smart pickle.
Participant12 years old? I was going for 14.
You know, at first I was disappointed in this Geithner guy as well, but the more I think about, the more I think it was a genius pick. As usual, and as I explan below, BHO is way ahead of you plebes.
Here’s what I think the Big O did: He of course recognizes that we are in an economic crisis. And, he recognizes that there is value in continuity during an economic crisis. He didn’t want to panic the stock market, so he picks Geithner. Geithner is flawed, but he’s not going to spook the stock market.
But, and try to stay with me here, Geithner is just a figurehead. He isn’t going to be making the economic decisions. Obama and his Economic Advisory Team will be making the decisions. Geithner is nothing more than a figurehead and an errand boy who will carry out those decisions.
Once this crisis passes, Geithner will be asked to resign and a new, more palatable Treasury Secretary will be brought in.
Gawwwwdddddamn that Obama’s a smart pickle.
Participant12 years old? I was going for 14.
You know, at first I was disappointed in this Geithner guy as well, but the more I think about, the more I think it was a genius pick. As usual, and as I explan below, BHO is way ahead of you plebes.
Here’s what I think the Big O did: He of course recognizes that we are in an economic crisis. And, he recognizes that there is value in continuity during an economic crisis. He didn’t want to panic the stock market, so he picks Geithner. Geithner is flawed, but he’s not going to spook the stock market.
But, and try to stay with me here, Geithner is just a figurehead. He isn’t going to be making the economic decisions. Obama and his Economic Advisory Team will be making the decisions. Geithner is nothing more than a figurehead and an errand boy who will carry out those decisions.
Once this crisis passes, Geithner will be asked to resign and a new, more palatable Treasury Secretary will be brought in.
Gawwwwdddddamn that Obama’s a smart pickle.
Participant12 years old? I was going for 14.
You know, at first I was disappointed in this Geithner guy as well, but the more I think about, the more I think it was a genius pick. As usual, and as I explan below, BHO is way ahead of you plebes.
Here’s what I think the Big O did: He of course recognizes that we are in an economic crisis. And, he recognizes that there is value in continuity during an economic crisis. He didn’t want to panic the stock market, so he picks Geithner. Geithner is flawed, but he’s not going to spook the stock market.
But, and try to stay with me here, Geithner is just a figurehead. He isn’t going to be making the economic decisions. Obama and his Economic Advisory Team will be making the decisions. Geithner is nothing more than a figurehead and an errand boy who will carry out those decisions.
Once this crisis passes, Geithner will be asked to resign and a new, more palatable Treasury Secretary will be brought in.
Gawwwwdddddamn that Obama’s a smart pickle.
Participant12 years old? I was going for 14.
You know, at first I was disappointed in this Geithner guy as well, but the more I think about, the more I think it was a genius pick. As usual, and as I explan below, BHO is way ahead of you plebes.
Here’s what I think the Big O did: He of course recognizes that we are in an economic crisis. And, he recognizes that there is value in continuity during an economic crisis. He didn’t want to panic the stock market, so he picks Geithner. Geithner is flawed, but he’s not going to spook the stock market.
But, and try to stay with me here, Geithner is just a figurehead. He isn’t going to be making the economic decisions. Obama and his Economic Advisory Team will be making the decisions. Geithner is nothing more than a figurehead and an errand boy who will carry out those decisions.
Once this crisis passes, Geithner will be asked to resign and a new, more palatable Treasury Secretary will be brought in.
Gawwwwdddddamn that Obama’s a smart pickle.
Participant[quote=davelj]
Um, Breeze, that “mortgage-related stuff” is most decidedly NOT MBSs/CDOs, etc. Let’s at least keep the terms straight. What I advocated in that post was that the government – us taxpayers, that is – eat principal reductions for lots of folks who are underwater. In buying MBS, etc. from institutions the government (a) doesn’t really know what it’s getting in terms of losses, and (b) is really helping out the institutions involved, as opposed to individuals. In offering plain principal reductions, the loss content is more straightforward and you’re helping homeowners in a more direct manner. You may be opposed to both, which is fine, but they are two different things. But you have a record of being confused on similar matters.[/quote]
Eating principal reductions means that the taxpayers would by paying down the loan to some lower amount, right? So it’s a bailout for the loanholder (banks, etc), right? What else could “eat principal reductions” mean?
Participant[quote=davelj]
Um, Breeze, that “mortgage-related stuff” is most decidedly NOT MBSs/CDOs, etc. Let’s at least keep the terms straight. What I advocated in that post was that the government – us taxpayers, that is – eat principal reductions for lots of folks who are underwater. In buying MBS, etc. from institutions the government (a) doesn’t really know what it’s getting in terms of losses, and (b) is really helping out the institutions involved, as opposed to individuals. In offering plain principal reductions, the loss content is more straightforward and you’re helping homeowners in a more direct manner. You may be opposed to both, which is fine, but they are two different things. But you have a record of being confused on similar matters.[/quote]
Eating principal reductions means that the taxpayers would by paying down the loan to some lower amount, right? So it’s a bailout for the loanholder (banks, etc), right? What else could “eat principal reductions” mean?
Participant[quote=davelj]
Um, Breeze, that “mortgage-related stuff” is most decidedly NOT MBSs/CDOs, etc. Let’s at least keep the terms straight. What I advocated in that post was that the government – us taxpayers, that is – eat principal reductions for lots of folks who are underwater. In buying MBS, etc. from institutions the government (a) doesn’t really know what it’s getting in terms of losses, and (b) is really helping out the institutions involved, as opposed to individuals. In offering plain principal reductions, the loss content is more straightforward and you’re helping homeowners in a more direct manner. You may be opposed to both, which is fine, but they are two different things. But you have a record of being confused on similar matters.[/quote]
Eating principal reductions means that the taxpayers would by paying down the loan to some lower amount, right? So it’s a bailout for the loanholder (banks, etc), right? What else could “eat principal reductions” mean?
Participant[quote=davelj]
Um, Breeze, that “mortgage-related stuff” is most decidedly NOT MBSs/CDOs, etc. Let’s at least keep the terms straight. What I advocated in that post was that the government – us taxpayers, that is – eat principal reductions for lots of folks who are underwater. In buying MBS, etc. from institutions the government (a) doesn’t really know what it’s getting in terms of losses, and (b) is really helping out the institutions involved, as opposed to individuals. In offering plain principal reductions, the loss content is more straightforward and you’re helping homeowners in a more direct manner. You may be opposed to both, which is fine, but they are two different things. But you have a record of being confused on similar matters.[/quote]
Eating principal reductions means that the taxpayers would by paying down the loan to some lower amount, right? So it’s a bailout for the loanholder (banks, etc), right? What else could “eat principal reductions” mean?
Participant[quote=davelj]
Um, Breeze, that “mortgage-related stuff” is most decidedly NOT MBSs/CDOs, etc. Let’s at least keep the terms straight. What I advocated in that post was that the government – us taxpayers, that is – eat principal reductions for lots of folks who are underwater. In buying MBS, etc. from institutions the government (a) doesn’t really know what it’s getting in terms of losses, and (b) is really helping out the institutions involved, as opposed to individuals. In offering plain principal reductions, the loss content is more straightforward and you’re helping homeowners in a more direct manner. You may be opposed to both, which is fine, but they are two different things. But you have a record of being confused on similar matters.[/quote]
Eating principal reductions means that the taxpayers would by paying down the loan to some lower amount, right? So it’s a bailout for the loanholder (banks, etc), right? What else could “eat principal reductions” mean?
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