New Stock Market Insight on Bailouts

The roller coaster pictured is Drachen Fire (yeah I realize it’s just a rendering but the interlocking loops are unique in the roller coaster world, and the track style is old Arrow Dynamics).

I believe the ride is or was a Busch Gardens in Williamsberg.

Also, thanks for the audio, John C.

# 4 Dallas said, “We are tossing around a Trillion dollars around and now numb as to how big that is. Someone needs to hang for this.”

Unfortunately the only ones that are going to hang are the taxpayers. The ones who authorized the expenditure are going to get away with it…

I can still recall Carl Sagan’s catch phrase as being so damn unique. “Billions and billions…”.

Now is is the weekly subtotal.

If you move your money out, then move, then change citizenship the US gov has nothing.

These people have loses they can writ off that would stagger a normal mind anyway.

It would appear that few if any of the people in charge have a clue. They seriously don’t know what they’re doing. They have been massively scamed of our money and now the only thing they can think to do is run the country so far into dept we won’t even be able to pay the interest. They’re at the point where the cons don’t even have to hustle them.

Nothing is to big to fail. Not even governments. If you hang on to what you can’t afford it will pull you under.

Many of these companies have no plan for ever being solvant. They aren’t doing anything that would suggest they ever will be solvant.

The government plan amounts to trying to get people to take on more dept they can’t pay off which is how we got into this mess along with bad government choices.

I know what it is like to live in a third world country in America. I did as a child. At one time my father worked from “can see to can’t see” for $.75 a day. I didn’t much notice the pain at the time because we lived on a hill side farm and he and my mother knew how to do what it took to feed us and keep the house warm. We had running water. We called it the spring.

If I don’t die soon I expect to get to repeat the experience. I’m going to notice the pain this time around.

The problem is I don’t see much of a way to get out from under when your government does a complete wipe out and takes everything else down with it.

I really, really, really, wish I didn’t think the leaders of the Dems hadn’t all been promoted far beyond their level of competence. A lot of them are really smart but I don’t think they are playing in the real world and dreamland won’t cut it.

At best most of them are the kind of people that think passing laws against guns will make guns vanish without having to do a lot of nasty things to people or that outlawing deer hunting would make things wonderful without understanding that farmers would clear ever acre of land to remove all the cover they could then buy hounds to run the deer off their land before the exploading deer population put them completely out of business.

It’s like saying we should make peace with the jahadist. Sure all ya got to da is convert to Islam and turn the government over to them. Everybody in favor of that stand up and shout.

#8, If Obama reverses some of those tax-cuts-for-the-wealthy

Funny.

Buffet endorsed Obama. You really think Obama is going to take money from him?

and they have to start shouldering their fair share of the load

Who decides what is fair? I’ve asked this question dozens of times and I’ve never gotten a realistic answer.

So a CEO 30 years ago, getting $1mill per year..
and NOW they are getting $200mill..
I would LOVe an increase in min wage Like that..
<$2.65 per hour in EARLY 80’s, MULTIPLY by 200??

The problem is SOMETHING LIKE THIS…
If you have EXTRA money after you pay bills..THE CORP WANTS IT…WILL TAKE IT…

IT USED to be..that RENT was 1/4 of your wages..BILLS took the NEXT 1/4 to 1/3, WHICH would leave you a good chunk to play with..
your cable TV, Internet, and the rest would be paid by WHAT WAS LEFT..

#11, so as long as I can get %50 of congress, and the president to agree that bobbo should have 100% of the money that he earned taken away, then its OK. After all congress decided it, so that would make it right.

The only fair way to do an income tax is a flat tax or consumption tax with no deductions. Anything other than that is just playing political games, trying to please one interest group by taking money away from another.

The thing I worry about, is what happens when more than 50% of the population pays no taxes?