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View Full Version : Bailout now offers UNLIMITED DOLLARS - Read it here!




Menthol Patch
10-13-2008, 04:42 AM
http://www.cnbc.com/id/27157731

Knightskye
10-13-2008, 04:47 AM
That's not the bailout. That's just the fed - which needs to be abolished.

By the way, your sig is outdated, bro.

Menthol Patch
10-13-2008, 04:49 AM
That's not the bailout. That's just the fed - which needs to be abolished.

By the way, your sig is outdated, bro.

Why? Bob Barr has not yet dropped out of the race.

By the way, it is the bailout. The bailout is not just the 700 billion dollars. The FED gave away 800 billion dollars the week BEFORE the bailout.

The bailout is every single cent the Federal Reserve gives out.

Menthol Patch
10-13-2008, 04:50 AM
This tells me that the FED is getting desperate.

MoneyWhereMyMouthIs2
10-13-2008, 05:08 AM
New World Order?

British Prime Minister Gordon Brown called on Monday for world leaders to come together to remake the Bretton Woods agreement to tackle a 21st century globalised financial system.

"Sometimes it does take a crisis for people to agree that what is obvious and should have been done years ago can no longer be postponed. But we must now create the right new financial architecture for the global age," Brown said in a speech at the London offices of Thomson Reuters.

Oh gawd, stop it already.

Otter Mii-kun
10-13-2008, 09:02 AM
This probably won't be enough to make Wall Street happy again. ALREADY the FED is writing the symbol infinity on their balance sheets and all it will do is drive permanent global hyperinflation-which we will all have to pay through our noses for.

It's just like ever increased spending on government "public" schools-which has failed to boost achievement, and increased spending on health care, which has failed to improve the quality of care. Just how will pumping more money into stocks, commodities, and the housing market be any different?

I am so sick of the mentality that
All Bull Markets = Good, and should be permanent and never allowed to end
All Bear Markets = BAD-and must be avoided at ALL costs!
(In currencies, it's the other way around-currency bull markets=bad, bear markets=good)

Inflation=Good, even if it's at more than double-digit levels.
Deflation=BAD-no matter what the cause!

THERE IS NO "LACK OF" LIQUIDITY or cheap credit in the markets-instead there is too much. Claims that there is "not enough liquidity" are no different than the neocon claims that 9-11 resulted from the "lack of" foreign entanglements rather than from too many.