Paulson will now use half of rescue plan for consumer loans; Democrats want help for car makers struggling to survive; Lawmakers, economists differ on bailout for car makers; Analysis by Sen. Sherrod Brown, (D) Ohio.

Via Bloomberg

Category: Bailouts, Markets, Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

6 Responses to “Who Gets Bailed Out Next?”

  1. DP says:

    If conventional wisdom says that buying puts on a stock you are long serves as “insurance’, can I sell a boat load of puts, declare myself an insurance company, and apply for TARP?

    Unless those puts pay off of course, then it’s all mine, after all this is a free market and I took on the risk so I keep all the profit. Mine! Mine! Mine!

  2. batmando says:

    To refer to my freshman Senator Sherrod Brown’s ramblings as “analysis” is beyond generous.
    He is as clueless or as disingenuous, take your pick, as the next tool in the Congress, e.g., as I recall, Chrysler’s debt was only gov’t guaranteed so taxpayers never got back any money as none was ever lent.

  3. DL says:

    How about some bailouts for the people who lost money in the “dot com” crash?

  4. DL says:

    The mayors of Philadelphia, Phoenix and Atlanta all want bailouts now.

    http://blogs.wsj.com/marketbeat/2008/11/14/tarp-city/

  5. DL says:

    We should just come up with a list of entities that WON’T get bailed out.

    That list is getting shorter every day.

  6. Bruce in Tn says:

    The news this morning is so good, you couldn’t make it up.

    Europe is threatening sanctions if we bail out our car companies, and GM wants Europe to bail out the Opel..

    http://money.uk.msn.com/investing/articles/morecommentary/article.aspx?cp-documentid=10960070

    Europe car sales plunge as GM’s Opel seeks bailout

    Interest rate on CD’s is beginning to climb (Imagine that..)

    States, cities, companies…all are lining up for a meal at the drive in window….

    http://prudentbear.com/index.php?Itemid=57&option=com_content&view=frontpage

    Leftback….what do you think about Initial Claims Thursday….any chance of a Whopper?