Comments on: MMIFF !

By: wunsacon

wunsacon — Wed, 22 Oct 2008 06:54:31 +0000

Fresno Dan — LMAO!!

“We’re gonna need a bigger helicopter!”

Can anyone here draw? That’ll be the mother-of-all-cartoons about this situation.

By: Pat G.

Pat G. — Tue, 21 Oct 2008 23:27:04 +0000

“The deficit next year will be bigger than Hillary’s ass…count on it…and 2010 won’t be any better. Dollar will go down faster than Monica Lewinsky.”

That was hilarious….

By: Zouzou

Zouzou — Tue, 21 Oct 2008 21:50:19 +0000

This is money laundering! Very much akin to the AIG bailout of G/MS. Smooth criminals those are.

Then given merely mediocre 3rd quarter results, do think about what 4th quarter results will need to absorb in order to fit everything into the audited annual report! These ain’t big baths but blood baths.

The crisis certainly comes just in time as baby boomers lay claim on their pensions. Their schemes are grossly underfunded and corporate CFs insufficient. Anyone opting to exit this life will need to be rewarded big time. Conflicting gangs, murderers likewise. We overstretched it.

And if anybody is pointing fingers at Greenspan, then three fingers are pointing back towards him or her. What’s the plan to get out of this mess? Yup, cut reserve ratios, accept donuts for collateral and just keep feeding the bulging bellies. This is merely time shifting the problem.

By: fresno dan

fresno dan — Tue, 21 Oct 2008 21:23:18 +0000

ominous music (from Jaws)
debt shark approaching.
Fresno dan pooping his pants “We’re gonna need a bigger helicopter!!!”

By: BG

BG — Tue, 21 Oct 2008 21:07:58 +0000

When do they guarantee my loan with Sears for my freaking lawnmower??

My God!! It must be bad!! This is absolutely for the history books. They are throwing money everywhere. They must be scared shitless.

And if they continue to do much more they are going to scare me shitless as well!

With bailout, after bailout…day after day after day, they are really beginning to spook me, no shit!

By: West

West — Tue, 21 Oct 2008 20:15:03 +0000

If the Gov does make a profit, do you think they will get out of the finance business? No way. The Fed will own part of the financial system forever. The Treasury does not say no to a revenue source.

By: Transor Z

Transor Z — Tue, 21 Oct 2008 18:01:17 +0000

If the U.S. can’t repay its debt, I think we leave the realm of market analysis and enter the realm of defense analysis.

By: Marcus Aurelius

Marcus Aurelius — Tue, 21 Oct 2008 17:36:59 +0000

ted:

It’s not “when” the government gets “the” money back, it’s “if” the government gets “our” money back.

I don’t think the government is investing. It’s a gamble, at best (and doubling down on every loss).

As for cost vs, ROI, didn’t the same government say that the Iraq war would pay for itself? What do we have now? A black hole of debt (and dead people). Isn’t this the same government that is keeping my Social Security money safe (so I don’t have to get crushed in the market)?

I don’t think the government should be involved in saving private interests. How in the hell can anyone compete against the government?

By: Dan

Dan — Tue, 21 Oct 2008 17:09:15 +0000

Another $540 billion on the pile. Yeah, it’s a loan; whatever. At this rate, how much longer is the U.S. going to retain a AAA credit rating?

By: Crank Yankee

Crank Yankee — Tue, 21 Oct 2008 16:46:21 +0000

So assuming the money the “FED” is putting out there doesn’t actually make it back into the magic piggy bank from whence it came….does this mean we are doubling the money supply and that all your savings just got cut in half?