I want this bailout paid back with effing interest

kitkat65

(1000+ posts) Send PM | Profile | Ignore

Sat Sep-20-08 06:56 PM
Original message

I want this bailout paid back with effing interest

Seriously, if you or I overdraft our bank accounts, we pay dearly with penalties that often make the reasons we've overdrafted exponentially worse.

Do banks give us a pass?

Hell no.

Just think how much health care that interest could cover? Or better yet, guarantee social security when the Boomers start collecting.

Do not pass go. Do no collect $200.

Fuck you, Wall Street.

Printer Friendly | Permalink | | Top

annabanana

(1000+ posts) Send PM | Profile | Ignore

Sat Sep-20-08 07:00 PM
Response to Original message

1. If we have to buy this crap, we'd better be getting really really really

good terms.. a penny on the dollar at a 19% interest rate...

Printer Friendly | Permalink | | Top

bluesmail

(1000+ posts) Send PM | Profile | Ignore

Sat Sep-20-08 07:01 PM
Response to Original message

2. Oh you got me dreaming. Dreaming of a legitimate

government. Dreaming of cash to do whatever I want with. Dreaming of a really nice home, a really nice car, a really nice...CRAP! Something real woke me up, head hurts.

Printer Friendly | Permalink | | Top

Aqaba

(781 posts) Send PM | Profile | Ignore

Sat Sep-20-08 07:04 PM
Response to Original message

3. Nah gahna hahpen

Here's what will happen.

Paulson will buy all those toxic assets at a value waaaay higher than they are really worth. The banksters value them at $1, sell 'em to Paulson for 60 or 80 cents.

Then Paulson determines that they worth 5 cents and sells them back to the original banksters for 4 cents.

Thats the Paulson plan.

Printer Friendly | Permalink | | Top

Speck Tater

(1000+ posts) Send PM | Profile | Ignore

Sat Sep-20-08 07:06 PM
Response to Original message

4. There isn't enough REAL wealth on planet Earth

to pay back the principle, let alone the interest.

All that "money" is just Monopoly money created out of thin air by Wall Street and the bankers. There's so little actual hard asset value behind any of it that it's just a joke.

Printer Friendly | Permalink | | Top

dysfunctional press

(1000+ posts) Send PM | Profile | Ignore

Sat Sep-20-08 07:07 PM
Response to Original message

5. paid back???

:rofl: :rofl: :rofl: :rofl:

Printer Friendly | Permalink | | Top

pnutbutr

(1000+ posts) Send PM | Profile | Ignore

Sat Sep-20-08 07:15 PM
Response to Original message

6. mortgages

with the fannie and freddie bailouts and the government taking control of them eventually money will come back to the government as the mortgages are sold to other companies or foreclosed properties are sold to new buyers. It will take some time but the money will come back into the government. We probably won't see any of it but I'm sure the new administration about to take over will put it to good use somehow.

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Sat May 04th 2024, 07:46 AM
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.