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Buggy
Heavy Crude
Joined: Jun 23, 2008
Posts: 149
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 Posted: Thu Sep 25, 2008 9:00 pm Post subject: Bailout talks collapse |
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"Mom, can I have my old room back???"
Caption contest time. Who is he talking to, and what is he saying?
http://www.msnbc.msn.com/id/26884523/
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We are so screwed. |
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jbrovont
Intermediate Crude
Joined: Jun 16, 2006
Posts: 701
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| Posted: Thu Sep 25, 2008 9:14 pm Post subject: Re: Bailout talks collapse |
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| You Have Six-Hun-dred twen-ty - two thous-and five hun-dred thir-ty nine New Messages. To listen, press one... |
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highlander
Intermediate Crude
Joined: Oct 03, 2004
Posts: 566
Location: Washington State
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| Posted: Thu Sep 25, 2008 9:21 pm Post subject: Re: Bailout talks collapse |
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Bush:"you are doing a great job, you have my utmost confidence"
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This is where everybody puts profound words written by another...or not so profound words written by themselves
Highlander 2007 |
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catbox
Heavy Crude
Joined: Sep 29, 2005
Posts: 456
Location: I heard we are not the real America..Eugene, Oregon.
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| Posted: Thu Sep 25, 2008 9:22 pm Post subject: Re: Bailout talks collapse |
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He's on the Power Puff Girls hotline!
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Punk is not really a style of music. It was more like a state of mind.
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Buggy
Heavy Crude
Joined: Jun 23, 2008
Posts: 149
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| Posted: Thu Sep 25, 2008 9:24 pm Post subject: Re: Bailout talks collapse |
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| jbrovont wrote: | | You Have Six-Hun-dred twen-ty - two thous-and five hun-dred thir-ty nine New Messages. To listen, press one... |
Ahhh, good one!
Another,
"Hello, God? Can you loan me 700 billion dollars... right now? Pleeeeeeeeze?
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Carlhole
Knight of the Realm
Joined: Jul 05, 2004
Posts: 3275
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| Posted: Thu Sep 25, 2008 9:25 pm Post subject: Re: Bailout talks collapse |
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The Republicans revolted. Bush/Cheney have no clout left. The bailout plan has collapsed. And now, so has Washington Mutual. Can you imagine what could happen to the stock market tomorrow? Then the presidential debates are still on for tomorrow night.
Aren't you glad you're not a presidential candidate?
Obama seems to be a cool, considered head to his credit.
| Bloomberg wrote: | More revealing, though, was to whom both candidates turned on that panic-ridden morning of Sept. 15, and how the messages evolved before and after that day.
McCain called Martin Feldstein, the well-known Republican economist and Reagan administration adviser, John Taylor of Stanford University, who served in President George W. Bush's Treasury and Carly Fiorina, once the chief executive officer of Hewlett-Packard Co.
Obama called former Federal Reserve Chairman Paul Volcker, and former Treasury Secretaries Robert Rubin and Larry Summers. |
I wonder what Volker's take on this whole thing is?
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"May you live in interesting times" |
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Captain_Meh
Heavy Crude
Joined: Jun 09, 2008
Posts: 109
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| Posted: Thu Sep 25, 2008 9:45 pm Post subject: Re: Bailout talks collapse |
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| Buggy wrote: | | Caption contest time. Who is he talking to, and what is he saying? |
"For soup kitchen hours, press 1. For soup kitchen location, press 2..." |
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Captain_Meh
Heavy Crude
Joined: Jun 09, 2008
Posts: 109
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| Posted: Thu Sep 25, 2008 9:47 pm Post subject: Re: Bailout talks collapse |
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| But seriously: is it thumbs up or down tomorrow for the markets following the collapse of the talks? |
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DoomWarrior
Heavy Crude
Joined: May 06, 2008
Posts: 442
Location: Omicron Ceti 3
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| Posted: Thu Sep 25, 2008 9:50 pm Post subject: Re: Bailout talks collapse |
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| Buggy wrote: |
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"Hello Honey. The bad news is that my fraudulent Wall Street enrichment package has hit a snag. The good news is that Walgreens called and my Viagra prescription is ready to pick up ..." |
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Snowrunner
Intermediate Crude
Joined: Aug 24, 2005
Posts: 662
Location: Screwed
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| Posted: Thu Sep 25, 2008 9:55 pm Post subject: Re: Bailout talks collapse |
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| Captain_Meh wrote: | | But seriously: is it thumbs up or down tomorrow for the markets following the collapse of the talks? |
The markets shot up on the expectation that the package would go through, it didn't. So yeah, I guess we can assume that people will try to get out of them as quickly as possible. |
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eXpat
Light Sweet Crude
Joined: Jun 08, 2006
Posts: 1082
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| Posted: Thu Sep 25, 2008 10:00 pm Post subject: Re: Bailout talks collapse |
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Regarding the talks:
| Quote: |
WASHINGTON (Reuters) - Negotiations in the U.S. Congress toward a massive bailout for Wall Street fell into disarray on Thursday night after a contentious White House meeting, with lawmakers later offering conflicting reports about the position of presidential candidate Sen. John McCain.
The White House meeting -- attended by McCain, Democratic rival Sen. Barack Obama, President George W. Bush and lawmakers from both parties -- "devolved into a contentious shouting match," according to a statement from the McCain campaign.
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"House Republicans, in some kind of arrangement with McCain, went off to wherever. I don't know whether they're ready to negotiate this. Their thing was some totally different mortgage insurance plan ... that would clearly delay this for a week or more," Frank told reporters. |
link
I wonder what is really going on...
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Stocking up on popcorn  |
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Novus
Light Sweet Crude
Joined: Jun 21, 2005
Posts: 1750
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| Posted: Thu Sep 25, 2008 10:02 pm Post subject: Re: Bailout talks collapse |
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| Captain_Meh wrote: | | But seriously: is it thumbs up or down tomorrow for the markets following the collapse of the talks? |
The markets collapse but the country itself will survive. |
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Captain_Meh
Heavy Crude
Joined: Jun 09, 2008
Posts: 109
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| Posted: Thu Sep 25, 2008 10:02 pm Post subject: Re: Bailout talks collapse |
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| Snowrunner wrote: | | The markets shot up on the expectation that the package would go through, it didn't. So yeah, I guess we can assume that people will try to get out of them as quickly as possible. |
I wonder if the commercial paper markets are going to stall again tomorrow. I'm going to stock up on some food in the early morning... |
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Buggy
Heavy Crude
Joined: Jun 23, 2008
Posts: 149
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| Posted: Thu Sep 25, 2008 10:03 pm Post subject: Re: Bailout talks collapse |
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[quote="DoomWarrior"] | Buggy wrote: |
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"bbbut Santa, I got coal last year too! *sniff*"
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Buggy
Heavy Crude
Joined: Jun 23, 2008
Posts: 149
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| Posted: Thu Sep 25, 2008 10:08 pm Post subject: Re: Bailout talks collapse |
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| Captain_Meh wrote: | | Snowrunner wrote: | | The markets shot up on the expectation that the package would go through, it didn't. So yeah, I guess we can assume that people will try to get out of them as quickly as possible. |
I wonder if the commercial paper markets are going to stall again tomorrow. I'm going to stock up on some food in the early morning... |
On a more serious note for me as well, when the market crashed in 29 there was no such thing as ATMs, debit and credit cards. I was wondering if I should go get some cash out? If the credit market completely locks up, will my cards be any good? I have almost no cash on me right now.
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