Comments on: Bailout = Not Working http://www.fitsnews.com/2008/10/06/bailout-not-working/ Unfair ... Imbalanced Sun, 22 Nov 2009 06:38:09 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Jeff Duncan http://www.fitsnews.com/2008/10/06/bailout-not-working/comment-page-1/#comment-37895 Jeff Duncan Wed, 08 Oct 2008 00:33:29 +0000 http://www.fitsnews.com/?p=6471#comment-37895 Harry: Wrong. Banker for 8.5 years. In real estate since 1995. Probably know a heck of a lot about the economic meltdown and its causes than you could comprehend, since you can't even read a biographical sketch well. JD Harry: Wrong. Banker for 8.5 years. In real estate since 1995. Probably know a heck of a lot about the economic meltdown and its causes than you could comprehend, since you can’t even read a biographical sketch well.

JD

]]> By: rick http://www.fitsnews.com/2008/10/06/bailout-not-working/comment-page-1/#comment-37869 rick Tue, 07 Oct 2008 16:14:28 +0000 http://www.fitsnews.com/?p=6471#comment-37869 I believe that the markets are still stuck because the people making the decisions don't trust anyone right now. Had we of had a good old perp walk and public confession, mixed with a strategy for fixing what went wrong, we may well have had a different reaction. Lets face it folks, you can't throw money at a problem and expect it to be solved. Giving easy credit to everyone has created a world of "everyone owes everyone" all backed by paper and a computer spreadsheet. As long as the majority of the politicians believe we remain ignorant of the causes surrounding this debacle, the less likely they are to take ownership and fix the problems. One things for certain we need a leader..... I believe that the markets are still stuck because the people making the decisions don’t trust anyone right now. Had we of had a good old perp walk and public confession, mixed with a strategy for fixing what went wrong, we may well have had a different reaction. Lets face it folks, you can’t throw money at a problem and expect it to be solved. Giving easy credit to everyone has created a world of “everyone owes everyone” all backed by paper and a computer spreadsheet. As long as the majority of the politicians believe we remain ignorant of the causes surrounding this debacle, the less likely they are to take ownership and fix the problems. One things for certain we need a leader…..

]]> By: Iota http://www.fitsnews.com/2008/10/06/bailout-not-working/comment-page-1/#comment-37857 Iota Tue, 07 Oct 2008 13:36:00 +0000 http://www.fitsnews.com/?p=6471#comment-37857 At least Rep. Duncan is speaking out though he may not be an expert on the subject. Our House and Senate leadership have remained mum on the subject of our national economy. Could it be that they have remained silent because they have put this state in its own economic crisis? Could it be that they have remanied silent because they know that the more they talk about "Chicken Little" and how our economy is fine the more they get acquainted with the feel of the back of their tounges with their toes? Targeted cuts are now needed after our own House and Senate, made up of what they describe themselves as, Republicans mind you (less government, lower taxes, curtail wasteful spending...etc), now have to come back to Columbia and do the job that they are hired to do in the first place. Let's hope they learned their lesson.....so kudos to Rep. Duncan for taking the initiative and speaking out. Maybe your colleagues, Rep. Duncan, will formally speak out on this subject....and offer an apology to the South Carolina public for their failure to do their collective job. At least Rep. Duncan is speaking out though he may not be an expert on the subject.

Our House and Senate leadership have remained mum on the subject of our national economy. Could it be that they have remained silent because they have put this state in its own economic crisis?

Could it be that they have remanied silent because they know that the more they talk about “Chicken Little” and how our economy is fine the more they get acquainted with the feel of the back of their tounges with their toes?

Targeted cuts are now needed after our own House and Senate, made up of what they describe themselves as, Republicans mind you (less government, lower taxes, curtail wasteful spending…etc), now have to come back to Columbia and do the job that they are hired to do in the first place.

Let’s hope they learned their lesson…..so kudos to Rep. Duncan for taking the initiative and speaking out. Maybe your colleagues, Rep. Duncan, will formally speak out on this subject….and offer an apology to the South Carolina public for their failure to do their collective job.

]]> By: reggie http://www.fitsnews.com/2008/10/06/bailout-not-working/comment-page-1/#comment-37843 reggie Tue, 07 Oct 2008 01:19:39 +0000 http://www.fitsnews.com/?p=6471#comment-37843 who would have thought... who would have thought…

]]> By: Harry http://www.fitsnews.com/2008/10/06/bailout-not-working/comment-page-1/#comment-37837 Harry Mon, 06 Oct 2008 23:44:39 +0000 http://www.fitsnews.com/?p=6471#comment-37837 Jeff Duncan was in real estate, and then a banker. And now he knows nothing of the wide spread criminal or unethical activitey that lead to the bailout? Buy a vowel, and get a clue, Rep Duncan. Jeff Duncan was in real estate, and then a banker. And now he knows nothing of the wide spread criminal or unethical activitey that lead to the bailout?

Buy a vowel, and get a clue, Rep Duncan.

]]> By: Jeff Duncan http://www.fitsnews.com/2008/10/06/bailout-not-working/comment-page-1/#comment-37836 Jeff Duncan Mon, 06 Oct 2008 23:13:15 +0000 http://www.fitsnews.com/?p=6471#comment-37836 Heck, I can't afford Will......have you heard about the real estate market lately? That is how I try to make a living.....DUH! ;) Heck, I can’t afford Will……have you heard about the real estate market lately? That is how I try to make a living…..DUH! ;)

]]> By: Where's my scorecard? http://www.fitsnews.com/2008/10/06/bailout-not-working/comment-page-1/#comment-37832 Where's my scorecard? Mon, 06 Oct 2008 20:55:47 +0000 http://www.fitsnews.com/?p=6471#comment-37832 When did Duncan put you on the payroll, Will? When did Duncan put you on the payroll, Will?

]]> By: Alexander Higgins http://www.fitsnews.com/2008/10/06/bailout-not-working/comment-page-1/#comment-37825 Alexander Higgins Mon, 06 Oct 2008 19:30:13 +0000 http://www.fitsnews.com/?p=6471#comment-37825 Everyone knew the bailout wouldn't work, even the crooked politicians who decided to send every household an $18,000 tax bill even though economists told them it would not work. Today's sell of is only a prelude to the real crash of over 20% that will come in the next week or so. Why? Just look at the history of the Great Crash of 29 and the crash of 87. Right now were only experience sell-offs before the real crash happens. See my blog post here <a href="http://blog.alexanderhiggins.com/2008/10/dow-crashes-below-10000-another-20-stock-market-crash-looms-ahead.html" rel="nofollow">http://blog.alexanderhiggins.com/2008/10/dow-crashes-below-10000-another-20-stock-market-crash-looms-ahead.html</a> Everyone knew the bailout wouldn’t work, even the crooked politicians who decided to send every household an $18,000 tax bill even though economists told them it would not work.

Today’s sell of is only a prelude to the real crash of over 20% that will come in the next week or so. Why? Just look at the history of the Great Crash of 29 and the crash of 87. Right now were only experience sell-offs before the real crash happens.

See my blog post here
http://blog.alexanderhiggins.com/2008/10/dow-crashes-below-10000-another-20-stock-market-crash-looms-ahead.html

]]> By: fitsnews http://www.fitsnews.com/2008/10/06/bailout-not-working/comment-page-1/#comment-37824 fitsnews Mon, 06 Oct 2008 19:24:25 +0000 http://www.fitsnews.com/?p=6471#comment-37824 Well in this case it was three-plus decades of unregulated government intervention in the lending markets ... and the failure of both Republicans and Democrats to stop it when they had the chance. A plague on both their houses, if you ask us. -FITSNews Well in this case it was three-plus decades of unregulated government intervention in the lending markets … and the failure of both Republicans and Democrats to stop it when they had the chance.

A plague on both their houses, if you ask us.

-FITSNews

]]> By: Everything Matters http://www.fitsnews.com/2008/10/06/bailout-not-working/comment-page-1/#comment-37822 Everything Matters Mon, 06 Oct 2008 19:13:31 +0000 http://www.fitsnews.com/?p=6471#comment-37822 Dare I ask you to remember a bit of history leading up to the Great Depression? 8 years of unregulated corporate greed from a republican admin. lead to this. See a brief video to learn more about the history of the Great Depression. http://www.youtube.com/watch?v=PgAHbXtpYV8 Dare I ask you to remember a bit of history leading up to the Great Depression?

8 years of unregulated corporate greed from a republican admin. lead to this.

See a brief video to learn more about the history of the Great Depression.
http://www.youtube.com/watch?v=PgAHbXtpYV8

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