Countdown To The Next Bailout/Stimulus Package

mattduke · Light Sweet Crude Joined: Oct 28, 2005 Posts: 1501

How long until the next dose? Who will get it? FDIC? CDS market?

Novus · Light Sweet Crude Joined: Jun 21, 2005 Posts: 1738

I think the next major crisis is just a few more weeks down the pipe. Warren Buffet has been grumbling that the bailout is too small.

IgnoranceIsBliss

Probably in time for the Thanksgiving/ Christmas shopping season.

Another couple hundred for each of us for gifts or heating, our choice.

Daculling · Light Sweet Crude Joined: Apr 12, 2005 Posts: 1361

Monday. Credit markets didn't buy it. NYSE took a crap. Joe two pack bank run next week.

Edit: Sorry did not read the question. Next crisis next week. Next stimulus never.
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eastbay

This ain't news yet, but will be before you know it. I say six weeks. I suspect we'll soon see more rebates too. And more rate cuts ... but there's only a couple more of them possible.

After that. Boom. new_blowingup

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sittinguy · Heavy Crude Joined: Sep 07, 2007 Posts: 380

Rate cut next week

Next infusion in February

Terrible holiday sales

Doomers reenergized, Smile

Pfish

What is going to be interesting is when the states start coming to the US Gov and start asking for handouts via California. People have no idea how bad this is going to get. I am hearing that we are out of tens of trillions. We cannot even print the money fast enough.
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oilluber · Heavy Crude Joined: Jul 03, 2005 Posts: 471

peripato · Heavy Crude Joined: May 03, 2005 Posts: 397

MrBean · Light Sweet Crude Joined: Sep 26, 2004 Posts: 1229

StuckInPhilly · Heavy Crude Joined: Jul 24, 2008 Posts: 120

I give it a few weeks to heat up again.

Hard to imagine that the federal G-men will bail out the states, though. It seems like there's always been a policy of burdening the states but turning a blind eye to it.
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DantesPeak

It no longer looks like they can keep the bailing wire on this until election day.

The next bailout comes in one to two weeks, although there may not be an actual vote now while Congress is out of town.

I predicted last spring there will be a second taxpayer stimulus bill by the end of 2008, and although there was some minor stimulus measures just passed, that's not what I had in mind.

I see another stimulus by year-end, which will be partly or mostly about energy cost subsidies.
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seahorse · Expert Joined: Oct 15, 2004 Posts: 2230 Location: Arkansas

For the record, I'm only joking here. Since Congress is out of session, Paulson will have to use some of that $700 billion for another taxpayer bailout. The last one costs about what, $150 billion? So, he's got the money and discretion to spend at will.

perdition79

The next "bailout" is coming, then another, and another...

What's the over/under on $50 for a loaf store-brand white bread? About a year?
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mattduke · Light Sweet Crude Joined: Oct 28, 2005 Posts: 1501