Welfare for the Well Heeled

[forestal]

Who says George and his Republican crew don't believe in giving money to the needy?

You just have to be rich enough to receive it.


On the brink of collapse, Bear Stearns gets a lifeline from a rival and the feds - MSNBC Wire Services - MSNBC.com

NEW YORK - On the verge of a collapse that could have shaken the very foundations of the U.S. financial system, investment bank Bear Stearns Cos. was bailed out Friday by a rival and the federal government. The near-miss raised new alarm about the credit crisis _ and whether other big firms might be in jeopardy.
The rescue came from JPMorgan Chase & Co. and, in an extraordinary step, the Federal Reserve, both rushing to pump new money into the venerable Wall Street firm after its financial state deteriorated so much in a 24-hour period that it threatened to fail.

 

[Go G-Men]

Who says George and his Republican crew don't believe in giving money to the needy?

You just have to be rich enough to receive it.


On the brink of collapse, Bear Stearns gets a lifeline from a rival and the feds - MSNBC Wire Services - MSNBC.com

NEW YORK - On the verge of a collapse that could have shaken the very foundations of the U.S. financial system, investment bank Bear Stearns Cos. was bailed out Friday by a rival and the federal government. The near-miss raised new alarm about the credit crisis _ and whether other big firms might be in jeopardy.
The rescue came from JPMorgan Chase & Co. and, in an extraordinary step, the Federal Reserve, both rushing to pump new money into the venerable Wall Street firm after its financial state deteriorated so much in a 24-hour period that it threatened to fail.

You are such an Azzz... What was done here actually was for the good of the economy and America at this time. Odds are that the money will be paid back with interest. Where as folks like you would just assume give it away and get nothing in return..

 

[aps45819]

Who says George and his Republican crew don't believe in giving money to the needy?

NEW YORK - On the verge of a collapse that could have shaken the very foundations of the U.S. financial system,

The rescue came from JPMorgan Chase & Co. and, in an extraordinary step, the Federal Reserve, both rushing to pump new money into the venerable Wall Street firm after its financial state deteriorated so much in a 24-hour period that it threatened to fail.

there's a clue in there somewhere

... and I doubt if money from J P Morgan was a gift.

 

[Go G-Men]

there's a clue in there somewhere

... and I doubt if money from J P Morgan was a gift.

JP Morgan..gave a 4 week loan that was backed by the FED... The FED actually gave nothing but its word...

 

[PsyOps]

You are such an Azzz... What was done here actually was for the good of the economy and America at this time. Odds are that the money will be paid back with interest. Where as folks like you would just assume give it away and get nothing in return..

No, no, no... This was a bad thing. Saving the economy when a republican is in charge is bad. Having the economy tank is good.

Get it now?

 

[MMDad]

Hey freaktard! You need to go back to the Admirals and Generals thread you started. Man, way to show just how stupid you really are!

 

[forestal]

That's right. It's always good for the government to prevent the free market from punishing the corporate execs who make foolish investments....

Honestly, between running up massive government debt, and government handouts to people who don't deserve them, you Republicans resemble the very Democrats you rail against.

You are such an Azzz... What was done here actually was for the good of the economy and America at this time. Odds are that the money will be paid back with interest. Where as folks like you would just assume give it away and get nothing in return..

 

[forestal]

A little frustrated that you can't give me negative Karma and anonymous petards anymore?

Hey freaktard! You need to go back to the Admirals and Generals thread you started. Man, way to show just how stupid you really are!

 

[toppick08]

A little frustrated that you can't give me negative Karma and anonymous petards anymore?

Please obstain from posting

 

[forestal]

Where are all of the "free market" people now? - AMERICAblog: A great nation deserves the truth

Now that the Fed has chopped interest rates (and will chop again, not that it's going to translate into lower rates for consumers) and they pumped $200 billion into Wall Street, I'd like to know where exactly the so-called free market/industry self-regulate people are. Where are they? They're all at the front of the bloody line calling for more handouts. When Democrats ask for money for SCHIP or food money for the poor or unemployment extensions, all we hear is about cost. What is the matter with Democrats? Is it so hard to scream and yell like the GOP? Why are they so silent on this bailout? Even the homeowner bailout is a pittance compared to the Wall Street bailout.

To show you what frauds the Republicans are, look at how we raised a $200 billion "loan" that uses the garbage subprime papers that nobody in their right mind wants anyway. Debate? Hell no. Just "poof" out of the blue sky, here's a bailout and a healthy loan to Wall Street, which won't be enough anyway. How is it that the "free market" crowd is suddenly nowhere to be found during this crisis? It's the McCain economic team that put all of this into place, so where is he now? Where's the outrage? And for the conspiracy theorists take note that the Spitzer story just happened to take the spotlight away from a very important event this week.

The banking system that is tumbling was designed and built together with the GOP. They can sit silent but they own this. McCain and his friends own this. This is what they wanted and there is no reason why US taxpayers ought to keep funding their mistakes. Shouldn't we treat Wall Street the way Wall Street and the GOP treat America's poor? Let them pick themselves up with their own bootstraps. Let them dig themselves out of the hole they dug form themselves. We can't afford a war plus a tanking economy plus a bailout for Wall Street. If that means the market will decided (as they always prefer) then so be it. Don't come crying and asking for cash
​

Please obstain from posting

 

[toppick08]

Where are all of the "free market" people now? - AMERICAblog: A great nation deserves the truth

Now that the Fed has chopped interest rates (and will chop again, not that it's going to translate into lower rates for consumers) and they pumped $200 billion into Wall Street, I'd like to know where exactly the so-called free market/industry self-regulate people are. Where are they? They're all at the front of the bloody line calling for more handouts. When Democrats ask for money for SCHIP or food money for the poor or unemployment extensions, all we hear is about cost. What is the matter with Democrats? Is it so hard to scream and yell like the GOP? Why are they so silent on this bailout? Even the homeowner bailout is a pittance compared to the Wall Street bailout.

To show you what frauds the Republicans are, look at how we raised a $200 billion "loan" that uses the garbage subprime papers that nobody in their right mind wants anyway. Debate? Hell no. Just "poof" out of the blue sky, here's a bailout and a healthy loan to Wall Street, which won't be enough anyway. How is it that the "free market" crowd is suddenly nowhere to be found during this crisis? It's the McCain economic team that put all of this into place, so where is he now? Where's the outrage? And for the conspiracy theorists take note that the Spitzer story just happened to take the spotlight away from a very important event this week.

The banking system that is tumbling was designed and built together with the GOP. They can sit silent but they own this. McCain and his friends own this. This is what they wanted and there is no reason why US taxpayers ought to keep funding their mistakes. Shouldn't we treat Wall Street the way Wall Street and the GOP treat America's poor? Let them pick themselves up with their own bootstraps. Let them dig themselves out of the hole they dug form themselves. We can't afford a war plus a tanking economy plus a bailout for Wall Street. If that means the market will decided (as they always prefer) then so be it. Don't come crying and asking for cash
​

 

[chernmax]

Every reply to a Forestal thread is a portion of your life wasted. He's been called every name in the book and still posts. Your replies are his food, he has a fixation with pissing people off so I recommend a not reply for any of his posts. A lip without ears is worthless, thus he may bless us and go away!!!

 

[toppick08]

Every reply to a Forestal thread is a portion of your life wasted. He's been called every name in the book and still posts. Your replies are his food, he has a fixation with pissing people off so I recommend a not reply for any of his posts. A lip without ears is worthless, thus he may bless us and go away!!!

:

 

[RadioPatrol]

That's right. It's always good for the government to prevent the free market from punishing the corporate execs who make foolish investments....

Honestly, between running up massive government debt, and government handouts to people who don't deserve them, you Republicans resemble the very Democrats you rail against.

Hmm that would be making questionable loans demanded by the Government to "disadvantaged" people you love so much ........


You want banks to make loans to low income, poor ... and ##### when the system collapses when ignorant people buy too much house and can not afford the payments

 

[RadioPatrol]

I am all for letting the whole mess fall on its face .......... It is about time the Fed quite this Corporate Welfare ....... but do not go whining low income people cannot get Credit Cards or Loans because they do not me the requirements for a good credit risk.


You cannot have it both ways , Socialist

 

[RadioPatrol]

Every reply to a Forestal thread is a portion of your life wasted. He's been called every name in the book and still posts. Your replies are his food, he has a fixation with pissing people off so I recommend a not reply for any of his posts. A lip without ears is worthless, thus he may bless us and go away!!!

come on now tell us how you really feel

 

[RadioPatrol]

I am all for letting the whole mess fall on its face .......... It is about time the Fed quite this Corporate Welfare ....... but do not go whining low income people cannot get Credit Cards or Loans because they do not me the requirements for a good credit risk.


You cannot have it both ways , Socialist

Bump .... waiting for Frosty to respond

 

[Lenny]

Bump .... waiting for Frosty to respond

Hope you brought a snack and large thermous of coffee. It'll be a while.

 

[cwo_ghwebb]

That's right. It's always good for the government to prevent the free market from punishing the stupid socialists who make foolish investments in a house they can't afford

:fixed:

 

[RadioPatrol]

:fixed:

Hope you brought a snack and large thermous of coffee. It'll be a while.