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Attachments: $700B Bailout Plan Discussions...
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$700B Bailout Plan Discussions...

Quoting cesarnc
C'mon, Paulson is one of them (former CEO of Goldman Sachs).. He bailing out his beer-bbq-bimbo buddies
Oh man... I was tying to put a positive spin on it all and you had to hit me with reality. I really trust Paulson. cough, choke ahem!
Just wait.... these clowns are gonna wake up with a hang over in the morning and it's gonna dawn on them just what a fiasco this bailout is and then the dollar is gonna tank....... JMHO
Same Whore .... Different Dress
Quoting johnedoe
Just wait.... these clowns are gonna wake up with a hang over in the morning and it's gonna dawn on them just what a fiasco this bailout is and then the dollar is gonna tank....... JMHO
Absolutely, But these times right now are great opportunity of trading. Looks like it is going to be fairly easy trading for at least the rest of the week.

Monday, now that is a complete unknown, temporarily. However, longer term, I see only one direction for the dollar.
The Deal is dead.
Quoting FXoffshore
The Deal is dead.
I don't think it's dead......they just want drama.

Republicans might have a feeling that there party is over up in D.C.

So they want to drag it out......

HOLLA
Quoting Turtle
I don't think it's dead......they just want drama.

Republicans might have a feeling that there party is over up in D.C.

So they want to drag it out......

HOLLA
From CNBC.......

A group of conservative Republican lawmakers proposed an alternative mortgage insurance plan, eschewing the Bush administration's Wall Street bailout just weeks before the Nov. 4 election as many lawmakers try to hold on to their seats.

TIME TO GO FELLAS!!!!!!!

THE PARTY IS OVER.....

HOLLA
Quoting cesarnc
Ok, let's get serious here...


"Plan not approved will be carnage"

- Cramer: "Plan not approved US back to stone age"

Buffet:
- Comes out of the blue, stuffing $5 billion in Goldman Sachs right in the middle of the shooting spree
- What does he know that we don't?
Interesting.... We shall all wait and see. The plan could be approved with some modifications but then again politic seems to be intefering... i'm patient until a decision is reached.
From The LFB.com

The news that the Republicans offered an alternative plan to the Treasury’s huge capital injection made the markets turn to the red. Congress now has just one week left to vote for a plan, a time span that may not be enough. Now, that a new plan has emerge, negotiations will probably have to start all over again. It is being said that the Republican’s alternative solution will take the burden of debt off the taxpayers’ money, something that will certainly be appreciated by the political factor involved.

They are trying to buy votes.........

This sh-t is comical.....

HOLLA
Quoting cesarnc
The fate of a Wall Street bailout remained unclear as a White House meeting of both parties ended without an agreement and some participants said a deal may even be dead

That's how it will be all the way through this damn process. Gossips, rumours, bs.

"Hey Obama didn't kiss his wife on the way out of the diner, the bailout plan is dead"

"Hey Paulson is stuttering above average in this press conference.. Yup, the plan is dead"

Paulson kissed Obama's wife ! Hooray, the deal's back on ! AND... Hank's got jungle fever !

Boogie oogie oogie
Now WaMu is down for the count...

I think Congress is not fully understanding what is this all about.

For all I've being reading and hearing, the key point of the plan is to calm down the markets and then maybe - maybe - start seeing cash flowing again.

They should stop focusing in the $700B. Because if this plan fails, it won't be about another $700B. It will be about tens of trillions.

I want to see them talking about tax payers by the time the economy crashes and they didn't trigger this plan....
Maybe this is not the best of the plans for the problem.

What makes me wonder is that with the huge amount of "financial experts" going everyday to CNN, CNBC, Bloomberg, you name it, we still didn't hear one single alternative solution.

We are talking about press here.. It was about time they all have their own magic solution.

And they don't.
I need a $ 1 billion bailout, my girlfriend is too costly.
Quoting forexlion
I need a $ 1 billion bailout, my girlfriend is too costly.
You can get the money. But you will have to tag her "junk asset", then your problem won't be the cash
Bush speaks for less than 3 minutes.....

Recap in case you missed it: We are going to pass a plan!!!!!

That's it!!!!

HOLLA
Quoting Turtle
Bush speaks for less than 3 minutes.....

Recap in case you missed it: We are going to pass a plan!!!!!

That's it!!!!

HOLLA
A plan??? Not THE PLAN???

oh boy... I smell more troops leaving for the middle east
Quoting cesarnc
A plan??? Not THE PLAN???

oh boy... I smell more troops leaving for the middle east
Also notice how he used the word Rescue now. That is new language.

Our financial system is under attack and this is the rescue plan... Hmm

This is so going to be passed. Close those trades by the end of the day today. and good luck. That is about all there is right now. Holding, holding, holding....
Quoting smjones
Also notice how he used the word Rescue now. That is new language.

Our financial system is under attack and this is the rescue plan... Hmm

This is so going to be passed. Close those trades by the end of the day today. and good luck. That is about all there is right now. Holding, holding, holding....
It's a hold, specially because the markets have all gone crazy... carry trades going up with dow going dow, actually going up from the slump, gold up, oil down, euro up&down at the same time
One reporter on Squawk on The Street said:

VP Cheney was staying around the help with The PLAN.

Mark said......did you say VP Cheney?????

Yeah, where has he been the last 8 years???

HOLLA
Quoting Turtle
One reporter on Squawk on The Street said:

VP Cheney was staying around the help with The PLAN.

Mark said......did you say VP Cheney?????

Yeah, where has he been the last 8 years???

HOLLA
LOL...

You know which name didn't pop up yet?

Greenspan's
Quoting cesarnc
LOL...

You know which name didn't pop up yet?

Greenspan's
Good point....where is he during all this mess that was created on his watch???

HOLLA
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