Wall Street Is Now Free To Make US - AMERICAN CITIZENS - A Better Offer

NashVegas

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Mon Sep-29-08 01:54 PM
Original message

Wall Street Is Now Free To Make US - AMERICAN CITIZENS - A Better Offer

That's all.

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barbtries

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Mon Sep-29-08 01:56 PM
Response to Original message

1. yeah!

and take that snake paulson out of the mix - he can't be trusted, and he has failed now, big-time.

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aquart

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Mon Sep-29-08 01:57 PM
Response to Original message

2. Yeah, good luck with that.

I feel relieved. They told me the world would end but I feel relieved. The world can end tomorrow.

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Sebass1271

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Mon Sep-29-08 01:59 PM
Response to Reply #2

3. so

what are here so happy? i read another DU member that have lost his entire retirement plan?
why are you guys so happy about that?

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pnutbutr

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Mon Sep-29-08 02:00 PM
Response to Original message

4. how about some falling markets?

That's the offer we've been given by congress.

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lapfog_1

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Mon Sep-29-08 02:00 PM
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5. Once again, it's not wall street that is on the hook.

they are a vehicle for delivering the pain, that's all.

Yeah they made billions for themselves... but it's their investors that really hold the cards. If the investors decide that the US is a bad investment, they will take their cash (what's left of it) and go home. Unfortunately, they are the only source of liquid assets available right now. We need them. They were bamboozled and are not in a mood to hand us more cash. The bailout was not a bailout of Wall Street. It was a bailout of Wall Street investors... many thousands of which are you and me and working folks in China and Europe. And some oil rich Saudis.

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NashVegas

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Mon Sep-29-08 02:05 PM
Response to Reply #5

7. Bamboozled, My Ass

Edited on Mon Sep-29-08 02:06 PM by Crisco

Did you hear the one about the already-profitable company that slashed its workforce, and investors got so excited they went out and drove up the stock price 30%?

Happens all the time.

Only, that company started losing money over the long haul because it was bleeding suddenly unsatisfied customers. Eventually they had to throw it in.

I received this in an investor email over the weekend:

I understand your reluctance to vote for a bill that 90% of the people who voted for you are against. That is generally not good politics. They don't understand why taxpayers should spend $700 billion to bail out rich guys on Wall Street who are now in trouble.

Taxpayers don't believe those "rich guys on Wall Street" are in any real trouble. If a CEO loses his gig, gosh! He'll only make $6 million per year on his next gig, while most of us have been lucky to make $12k after taking a Wall Street-inspired pink slip.

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scheming daemons

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Mon Sep-29-08 02:00 PM
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6. Um.... no... likely the resulting bill will be MORE amenable to the GOP... to get their votes...

This was a good, not perfect bill...from a Democratic perspective.

The resulting tinkering that will happen will move this bill MORE to the GOP side...to get their votes.

DUMB DUMB DUMB.

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RaleighNCDUer

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Mon Sep-29-08 03:06 PM
Response to Reply #6

12. Maybe, instead to kowtowing to the fucking republicans, the

Dems should look to get the PROGRESSIVES who voted against it to back them.

I guarantee you, Kucinich did NOT vote against the bill for the same reason the republicans didn't.

Maybe a MORE progressive approach is the answer. After all, the DEMS have the majority.

Why do we always want to do it the REPUBLICAN way?

DUMB DUMB DUMB

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stray cat

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Mon Sep-29-08 02:07 PM
Response to Original message

8. You ever hear of bargaining yourself right off a cliff? They decide not to give you the job...

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NashVegas

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Mon Sep-29-08 02:09 PM
Response to Reply #8

9. You Ever Hear Of The Stamp Act Rebellion?

That was when New Yorkers risked everything to tell the crown to fuck off.

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stray cat

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Mon Sep-29-08 02:20 PM
Response to Reply #9

11. Enjoy your risk...Don't take me down with you

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avaistheone1

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Mon Sep-29-08 03:11 PM
Response to Reply #8

13. They don't have alot of choices. As mother always said beggers can't be choosers.

Let Wall Street go and find a better buyer, a private buyer.

The Japanese would love to buy these companies and they are flush with money right now. But the CEOs don't want that. Their salaries and perks would be a sliver of what they are today. Oh and then they would have to deal with real regulations and documentation. Oh they don't want that!!

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lifesbeautifulmagic

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Mon Sep-29-08 02:12 PM
Response to Original message

10. that is where I am at

if it is so dire that wall street and the banks get the money RIGHT NOW, than lets see all the CEO's, starting with Paulson, put up their bonus's and pay in excess of 1 million to show their good faith. If things are indeed that bad, they should have no problem with this.

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