[Politics/Religion] That went well

[Larry Craig]

Banks make money by loaning money and collecting interest. They are not going to deny credit to those that are credit-worthy. They'll just have to be a little more prudent in whom they loan money to,which is what they should have been doing in the first place.

What? Really??       

You should check out what credit-worthy means tomorrow. Better not have been late on any payments recently if you hope to get a loan soon. 

JD and Blader are right. Let this thing go and we are all *fudge*ed.

[Blader]

I've played a few rounds at the club over the past few weeks.  A lot of these guys at the club are like me....they own businesses, work in the financial sector, are developers, etc.  They don't get their news from the news.  The business guy and developer gets his news from his banker, who calls to withdraw a line of credit.  Companies in good standing, who are credit worthy, have to pull up the stakes.  Because it is all about cash flow, and when the cash stops flowing they don't meet payroll.

They are starting to lay off PRECISELY the workers who don't really understand how the cash flow operates in the companies they work for, the ones who think they'll feel better if we just go ahead and punish the IBankers.  As the Senator from Idaho says.

I played with a financial market guy (works at a major bank) who said we were 45 min from the China Syndrome a couple of weeks ago.  The AIG bailout saved the day

By not passing this bill, Congress has once again played to the lowest, uneducated, base element. 

Best I can tell, only the extremes on both ends of the political spectrum were against this.  Why do people hate pragmatism?


btw, I'm bullish on the copulation sector and encourage you to remain so.  At the end of the day, a good bout of copulation can get you through these rough times.

[twoiron]

Why was it important for George to mention it was a Jewish Holiday yesterday??

[MFAWG]

The people who made serious money on Wall Street won't be hurt. The people who perpetuated this bull*feces* are smart enough to be set. As much as the bailout sucks IMO the emotional "eat the rich" is misplaced, as Blader says, today/this morning.

In case you guys are missing it, here's what's happening:

A guy just pulled up to my house in a chauffered Town Car, walked up, pulled out a gun and said:

'Give me 2500 dollars or I'll shoot your dog'.

I said:

'I don't have 2500 bucks. The dogs incontinent at both ends, blind, and deaf. I haven't had the heart to shoot him myself.'

Then he pulled out a flamethrower and said:

'Give me 2500 bucks or I'll burn your house down'.

I said:

'The roof leaks and it's not worth what I paid for it. If you burn it down, I only have to pay the difference.'

Then he said:

'Give me 800 bucks this paycheck, 800 bucks next paycheck, and 700 bucks the paycheck after or I'll burn your entire neighborhood down'.

It was an offer I couldn't refuse, obviously.