If McCain & Republicans Torpedo Agreement, They'd Jolly Well Better Have An Alternative Plan

KittyWampus

(1000+ posts) Send PM | Profile | Ignore

Thu Sep-25-08 04:42 PM
Original message

If McCain & Republicans Torpedo Agreement, They'd Jolly Well Better Have An Alternative Plan

to deal with the Economic Meltdown.

Lord knows McCain and Bush have been using words like "panic" in reference to the debacle.

Printer Friendly | Permalink | | Top

GodlessBiker

(1000+ posts) Send PM | Profile | Ignore

Thu Sep-25-08 04:47 PM
Response to Original message

1. What facts do you have that would lead you to believe that there will be a meltdown if this bill ...

or something like it doesn't pass?

What have we been told as to actual facts about why we need to turn over this money?

It seems that the argument is that we are to simply trust the word of Wall Street types who want to give 700 billion to other Wall Street types.

Printer Friendly | Permalink | | Top

geek tragedy

(1000+ posts) Send PM | Profile | Ignore

Thu Sep-25-08 05:00 PM
Response to Reply #1

4. Because there will be a stock market panic

if it doesn't. Every financial institution will look to hoard cash instead of lending and investing. Those companies--and there are a lot of them--that depend on financing to run their operations will go under.

It would be a spectacular flameout.

Printer Friendly | Permalink | | Top

RTFirefly

(235 posts) Send PM | Profile | Ignore

Thu Sep-25-08 04:52 PM
Response to Original message

2. Of course they have an alternative plan.

Invisible hand, less regulation, more tax cuts for big business.

Well, I didn't say it was a good plan.

Printer Friendly | Permalink | | Top

KittyWampus

(1000+ posts) Send PM | Profile | Ignore

Thu Sep-25-08 04:58 PM
Response to Reply #2

3. And that is the whole point. Americans are smart enough to understand the alternatives McCain

would want are not for the Common Good.

Printer Friendly | Permalink | | Top

demo dutch

(1000+ posts) Send PM | Profile | Ignore

Thu Sep-25-08 05:12 PM
Response to Original message

5. I see Iran Contra tactics written all over this

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Sat May 04th 2024, 11:41 PM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.