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-   -   Say goodbye to your money taxpayers! That bill is going to pass tomorrow. :( (https://gfy.com/showthread.php?t=859054)

seeric 10-02-2008 11:06 AM

Say goodbye to your money taxpayers! That bill is going to pass tomorrow. :(
 
I'm saying it now. They've had 3 days to get to the people that they need to influence.

:(:(

Say goodbye. :(

When the first bill went to vote it was chaos and un-organization. They're prepared this time.


The gears of political corruption are hard at work to push that bill through.

I hope I'm wrong.

Jens Van Assterdam 10-02-2008 11:07 AM

Taxes? Never heard of it, sorry :(

swoop 10-02-2008 11:21 AM

When you said say goodbye to your money, I thought Obama got elected

pigman 10-02-2008 02:58 PM

Quote:

Originally Posted by swoop (Post 14845145)
When you said say goodbye to your money, I thought Obama got elected

Maybe Obama should do as every republican president have, instead of raising taxes borrow money so it will cost you more later.

More in you're pocket, a lot more in debt.

BlackCrayon 10-02-2008 03:05 PM

Isn't it supposed to be paid back and even possible that money will actually be made on this deal?

DWB 10-02-2008 03:43 PM

Makes me want to get punched in the nads.

SunTzu 10-02-2008 03:46 PM

You did hear that the stock market lost over 1 trillion the day the bill was defeated right? Good thing we saved 700 billion :Oh crap

Useless Warrior 10-02-2008 03:46 PM

Quote:

Originally Posted by BlackCrayon (Post 14846228)
Isn't it supposed to be paid back and even possible that money will actually be made on this deal?

Yes, but it's just as likely to not help at all. It could become the same situation as the war in Iraq - a hand always out, looking for more money.

_Richard_ 10-02-2008 03:47 PM

Quote:

Originally Posted by BlackCrayon (Post 14846228)
Isn't it supposed to be paid back and even possible that money will actually be made on this deal?

heard the first deal it was looking that way

with teh idea that the market goes up of course

Useless Warrior 10-02-2008 03:48 PM

Quote:

Originally Posted by SunTzu (Post 14846439)
You did hear that the stock market lost over 1 trillion the day the bill was defeated right? Good thing we saved 700 billion :Oh crap

That was 1 trillion INVESTOR dollars, which are always at risk, not TAXPAYER dollars.

Furious_Male 10-02-2008 04:05 PM

Quote:

Originally Posted by Useless Warrior (Post 14846450)
That was 1 trillion INVESTOR dollars, which are always at risk, not TAXPAYER dollars.

Investors are also tax payers. Your average joes mutual Funds, IRAs, 401k's, all felt and will continue to feel the pain if something isn't done.

I don't agree with the plan but I do know something needs to be done soon. The credit markets are barely on life support. This puts the taxpayer at risk in one way or another if something isn't done.

Matt 26z 10-02-2008 04:36 PM

The Federal Reserve started printing the money to pay for this before the first bill came up to vote.

They talk about how over time these assets could become worth more than the $700B purchase price, but nobody talks about the inflation caused by printing that kind of money.

TheDoc 10-02-2008 04:43 PM

Quote:

Originally Posted by SunTzu (Post 14846439)
You did hear that the stock market lost over 1 trillion the day the bill was defeated right? Good thing we saved 700 billion :Oh crap

1 trillion in fake investments on money nobody collects, or will get, has, or will ever collect, other than a minor % vs. 700 billion coming out of every tax payers pocket, which will devalue our dollar, far worse than a fake 1 trillion dollar market drop ever could, which we clearly see did nothing to the average person.

SilentKnight 10-02-2008 04:46 PM

Are the U.S. feds borrowing the entire $700 billion from a single country - or are they spreading the debt around to several foreign lands?

Just curious. :1orglaugh

TheDoc 10-02-2008 04:47 PM

Quote:

Originally Posted by SilentKnight (Post 14846688)
Are the U.S. feds borrowing the entire $700 billion from a single country - or are they spreading the debt around to several foreign lands?

Just curious. :1orglaugh

They are hitting print on a machine and saying we have 700b more now. Which really means our dollar gets devalued by 700b more.

They should have just asked everyone to return the stimulus package checks with a 20% increase back (tax) to cover this bailout.

Peter Romero 10-02-2008 04:48 PM

Whatever. Just print more money!

brassmonkey 10-02-2008 04:50 PM

fucked twice a false war and fucked up market people going homeless

jwerd 10-02-2008 05:03 PM

And both Presidential candidates voted for it :(:(:(

We really are sunk without Ron Paul:2 cents:

Matt 26z 10-02-2008 05:32 PM

Billo just popped a vein interviewing Barney Frank, slamming him for being a part of what created this mess.

Fact is, if they had stepped in and put a stop to these sub prime home loans, the housing market would have prematurely went down and Americans would have been furious with congress for fucking with how private banks choose to loan their money.

Remember, we are a country where men don't start watching what they eat until they have a heart attack. This applies to all aspects of American life.

seeric 10-03-2008 01:43 PM

I told you so.


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