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Clarkie1 (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 09:59 AM Original message |
The bailouts may be big profit-makers for the Federal Government. |
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lostnotforgotten (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:02 AM Response to Original message |
1. Have I Got Some Land For You - Sunshine, Salt Air, Critters Galore ... |
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InkAddict (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:17 AM Response to Reply #1 |
27. That property is in Flint, Detroit, and Cleveland, right? n/t |
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rucky (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:03 AM Response to Original message |
2. I call bullshit. Feelgood, sunshine up yer ass, bullshit. |
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Clarkie1 (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:10 AM Response to Reply #2 |
5. Well, yes the government can run things better, in this case. |
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Zenlitened (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:03 AM Response to Original message |
3. It's all going to depend on what these securities represent: |
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Clarkie1 (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:13 AM Response to Reply #3 |
7. A mix of both |
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Zenlitened (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:29 AM Response to Reply #7 |
16. ... and also on whether the holders of these securitized debts... |
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SmileyRose (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:08 AM Response to Original message |
4. The federal gubmint DOESN'T OWN ANYTHING. |
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Clarkie1 (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:12 AM Response to Reply #4 |
6. We are talking 700 billion in mortgage securitities, etc. NOT treasuries. |
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Pale Blue Dot (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:13 AM Response to Original message |
8. What unadulterated bullshit. |
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yourout (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:14 AM Response to Original message |
9. I wonder were that idea came from? |
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Clarkie1 (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:14 AM Response to Reply #9 |
10. I think it could work, and I hope it does. |
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ThomWV (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:15 AM Response to Original message |
11. Is possible I suppose |
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Clarkie1 (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:18 AM Response to Reply #11 |
12. That's the key.... |
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Zenlitened (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:25 AM Response to Reply #12 |
14. So the holders hang on to the good tranches... |
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northernlights (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:47 AM Response to Reply #12 |
23. aaaah, the Buddhist farmer story...here's how it goes |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:39 AM Response to Reply #11 |
22. That's exactly right. Most people don't seem to understand the paper isn't actually "crap" |
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Tierra_y_Libertad (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:18 AM Response to Original message |
13. Maybe they could turn all that bad paper they're buying into counterfeit $100 bills. |
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annabanana (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:27 AM Response to Original message |
15. we are buy up all the bad paper.. the crap loans... the risk |
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Zenlitened (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:33 AM Response to Reply #15 |
17. I don't see why we should pay a single cent for bad paper... |
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burythehatchet (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:35 AM Response to Original message |
18. Wish there was :steamin pile-o-crap: smilie |
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Onlooker (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:36 AM Response to Original message |
19. We're still paying for the S&L scandal |
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northernlights (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:36 AM Response to Original message |
20. Right. And Iraqi oil... |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:37 AM Response to Original message |
21. I agree. Oddly, the record of making profits on financial bailouts has been good |
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killbotfactory (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:55 AM Response to Original message |
24. That must be why no private company wants them |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:57 AM Response to Reply #24 |
25. They won't buy them because of uncertainty about value |
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InkAddict (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:26 AM Response to Reply #25 |
28. They won't hire them because they are uncertain about their value |
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fed_up_mother (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:03 AM Response to Original message |
26. They're going to sell at deep discounts to their crony friends. Taxpayers are shafted. |
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DU AdBot (1000+ posts) | Sat May 04th 2024, 06:42 AM Response to Original message |
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