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Post by protectmyassets on Sept 19, 2008 13:10:06 GMT -5
Looks like the government is finally stepping in and taking some action to temporarily fix things until they can improve on their own (i'm betting some items won't get better and we will be living a lot less fancy and expensive than we used to, but at least it will level our economy back to reality).
Finally Bush steps in and takes some positive action.
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Post by numbercruncher on Sept 19, 2008 13:52:45 GMT -5
i like that the government is getting involved and taking action before more things continue to fall now. it's like they are fixing everything on a massive scale now. i'm sorry it came down to having to have all this done, but people will be living on a different scale now - less toys, less trips, a little more dosage of reality.
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Post by numbercruncher on Sept 19, 2008 16:02:13 GMT -5
government is going to rescue banking, mortgages and financial with a multi-hundred billion dollar bailout. this is incredible - i've never seen anything like this in my entire life
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Post by pennypincher on Sept 19, 2008 17:06:36 GMT -5
i can only imagine what this will cost us on future taxes. but if they get it all back together eventually and begin generating profits, then we better be getting that back via lower taxes.
but just like the Iraq war where we should have gotten lower priced gas in return for our sacrifices of lives and money in that never-ending war, it never happened. so i'm not holding my breath with a payback to the tax payers either. i guess we have to do this to keep the world and especially the u.s. from crumbling.
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Post by richestanywhere on Sept 19, 2008 18:28:40 GMT -5
it's a good bandaid on a cut, but the cut is gushing, so it's only that, a temporary fix to a major artery burst.
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Post by richestanywhere on Sept 19, 2008 18:54:13 GMT -5
this has to be one of the most dangerous financial times in our history and we came within days of serious financial harm to our country.
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