I like this part: "If the Congress proceeds with a fiscal package, it should consider including measures to help improve access to credit by consumers, home buyers, businesses and other borrowers," Bernanke said. "Such actions might be particularly effective at promoting economic growth and job creation," he added.
Easy money!! Isn't that what got us into this mess in the first place?????? ARE GOVERNMENT IS NUTS!!!!!! Too much money in the system. Inflation will be a BIG problem down the road.
osubucks30
posted
Am I the only one that thinks this stuff is getting crazy? Sometimes you have to let the markets adjust. The government is refusing to let them do that. UNTIL WE START SPENDING WHAT WE MAKE THIS MESS WILL NOT GO AWAY!!
CashCowMoo
posted
Oh yay another free check/handout! How much will this one end up being I wonder.
Pagan
posted
quote:Originally posted by CashCowMoo: Oh yay another free check/handout! How much will this one end up being I wonder.
Zero knucklehead. Read the actual articles about it. It discusses tax breaks and whatnot. Not another check.
CashCowMoo
posted
I didnt read the article. Hey Pagan, a sharp tongue does not mean you have a keen mind. Take a break.
Pagan
posted
quote:Originally posted by CashCowMoo: I didnt read the article. Hey Pagan, a sharp tongue does not mean you have a keen mind. Take a break.
Hey Moocow, go back to flipping those burgers buddy and leave the heavy lifting to those that can do it.
CashCowMoo
posted
The only burgers I flip are the ones on my grill on my back deck. Nice low level comeback Pagan, I had never heard that one before!!
Pagan
posted
quote:Originally posted by CashCowMoo: The only burgers I flip are the ones on my grill on my back deck. Nice low level comeback Pagan, I had never heard that one before!!
Well if you took your head out of the sand you might hear more! Good luck with that Einstein!
bdgee
posted
It ain't in the sand, Pagan. It's somewhere else the sun don't shine.
Beause there are 600 TRILLION DOLLARS cumlative in the Notional (contract amount) OTC derivatives market of which 350 Trillion is tied to interest......or the LIBOR rate.
We are leveraged beyond reason.
a surfer
posted
We have consumers around the world locked into debt they cannot afford.
We have massive interventions spooking people everywhere.
We have the technological capabilities, as never before, to act en masse to dump financial assets in tidal waves of selling.
WE HAVE WOEFULLLY FEW REAL LEADERS ANYWHERE WILLING TO STEP UP AND TAKE ACTION BASED ON MARKET REALITY, NOT POLITICAL EXPEDIENCY.
So I am afraid last weeks selling was just a dress rehersal for things to come.
CashCowMoo
posted
quote:Originally posted by bdgee: It ain't in the sand, Pagan. It's somewhere else the sun don't shine.
The creativity in insults is so amazing from you !
bdgee
posted
quote:Originally posted by CashCowMoo:
quote:Originally posted by bdgee: It ain't in the sand, Pagan. It's somewhere else the sun don't shine.
The creativity in insults is so amazing from you !
What is amazing is that you can follow the drift.
a surfer
posted
what is this.....romper room?
bdgee
posted
My god, look who wants to complain!
raybond
posted
They talk about everything but good jobs for a long period of time.
Anything eles is nothing more than a band -aid over a big whole'
So after a stimulus package what do we do after 90 days?
IWISHIHAD
posted
I really do not think the stimulus package was put in affect to do that much over all even at the large cost involved.
This package was designed to buy them time without the whole bottom falling out at once.
Now we will see if they can help fix some of the other problems that put us where we are now.
posted