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

  • #141
  • Sep 29, 2008 12:37pm Sep 29, 2008 12:37pm
Quoting cesarnc
I gotta tell ya

I really didn't see this one coming... Would be expected some bullshit along the way, but hey, there is no other proposal on the table!

There is simply NO OTHER option on the table!

It's not a matter of whether or not the plan will work. It's a matter of trying one last resource as an alternative of the total chaos.

Many congressmen said "we should not bail out those pigs at Wall Street". Ok, that's right.. WHAT IS YOUR PROPOSAL ???

We don't know if the crisis will worsen WITH the plan. But Dow Jones today (-700 as of now) says IT WILL WORSEN without the plan...

The bright side of it is that there is no more uncertainties in the markets: it's all fucked up now.
there are other options , let the bad fail promote the ones left standing, its the only way,
  • #142
  • Sep 29, 2008 12:47pm Sep 29, 2008 12:47pm
The Market is a Risk by itself.

We do not need another proposal. If anyone invested any money into the market you should know, you might not get a cent back.

History Repeats Itself.

Why should 1929 not repeat Itself?

It is time for Change. This is the End to yet, another, New Beginning. I'm ready.

Are you?
  • #143
  • Sep 29, 2008 12:55pm Sep 29, 2008 12:55pm
Quoting FxTex
The Market is a Risk by itself.

We do not need another proposal. If anyone invested any money into the market you should know, you might not get a cent back.

History Repeats Itself.

Why should 1929 not repeat Itself?

It is time for Change. This is the End to yet, another, New Beginning. I'm ready.

Are you?
Ok, mother financial nature is in labor, that is nice. But we could use some $700 bn anesthesia in the process
  • #144
  • Sep 29, 2008 1:11pm Sep 29, 2008 1:11pm
Quoting cesarnc
Ok, mother financial nature is in labor, that is nice. But we could use some $700 bn anesthesia in the process
Congress saids "no vote until Thursday" could it be too late by then??

DOW closes at -777.68!!!

HOLLA
  • #145
  • Sep 29, 2008 4:42pm Sep 29, 2008 4:42pm
Todays big drop in the dow was an extortionists (read wall street) attempt to put fear in the market so they will pass this insane bill. Purely a blatant market manipulation.
Same Whore .... Different Dress
  • #146
  • Sep 29, 2008 4:57pm Sep 29, 2008 4:57pm
Let it fail. It only would have made things worse.

http://www.time.com/time/business/ar...845209,00.html
  • #147
  • Sep 29, 2008 5:03pm Sep 29, 2008 5:03pm
Quoting johnedoe
Todays big drop in the dow was an extortionists (read wall street) attempt to put fear in the market so they will pass this insane bill. Purely a blatant market manipulation.
As the House failed to pump $700 bn, Dow erased $1 trillion today only...

  • #148
  • Sep 29, 2008 7:21pm Sep 29, 2008 7:21pm
Quoting johnedoe
I have yet to see the tax payers be beneficiary of anything except a hard screwin.
Your financial history background is a little weak.
  • #149
  • Sep 29, 2008 7:24pm Sep 29, 2008 7:24pm
Quoting acumen
Your financial history background is a little weak.
then please enlighten me......
Also what do you think is the appropriate response to this bailout fiasco?
Same Whore .... Different Dress
  • #150
  • Sep 29, 2008 8:27pm Sep 29, 2008 8:27pm
With this condition, what you guys think that the trend should be ?
Is it down trend or up trend ??
Thx for that ^^
  • #151
  • Sep 30, 2008 2:05am Sep 30, 2008 2:05am
Quoting AeroJet
With this condition, what you guys think that the trend should be ?
Is it down trend or up trend ??
Thx for that ^^
Forget "trend" until this dust settles. It's all about knee-jerk reaction to the last minute's news.

Or...

Last minute's HOPE

Wall Street looked set to rally on Tuesday after having plunged the previous day, with investors still hoping Congress will find a way to approve a $700 billion bailout plan for banks which it rejected on Monday.
-CNBC
  • #152
  • Sep 30, 2008 2:34am Sep 30, 2008 2:34am
Quoting cesarnc
Forget "trend" until this dust settles. It's all about knee-jerk reaction to the last minute's news.

Or...

Last minute's HOPE

Wall Street looked set to rally on Tuesday after having plunged the previous day, with investors still hoping Congress will find a way to approve a $700 billion bailout plan for banks which it rejected on Monday.
-CNBC
Or the congress should dissolve itself when there so division between parties ,externally & internally when they all want it to pass ,again full of lies in every/most persons there . This way nothing can work in real emmergency like US economy now .

Time is the best healer , everything will be ok soon without them to accord about 700bn bailout to pass or not & they just will be thrown to manhole of time & judgement.

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #153
  • Sep 30, 2008 5:34pm Sep 30, 2008 5:34pm
wow
Attached Image
  • #154
  • Oct 1, 2008 1:55pm Oct 1, 2008 1:55pm
OKay, here we go again for the 2nd round.

In one side, green shorts, weight $700bn, promissing to solve all the nation's problems, knocked down on the 1st round, miiissstteeerrrr "BAILOOOOUUUUTTTT PPLAAANNNNN"

In the other side, red-blue-white shorts, weight 200 million people.. eerrrr, voters, doesn't admit to feed fat cats any further, miiissstteeerrr "UUU-SSSS-SSEEENNNAAATTEEE"

1:30h to go
  • #155
  • Oct 2, 2008 12:16am Oct 2, 2008 12:16am
The fight is fixed this round. Palms have been greased and this boondoggle is going through Friday. I would love a 'Rocky' style surprise defeat again, not good odds.
  • #156
  • Oct 2, 2008 8:12am Oct 2, 2008 8:12am
Quoting FXoffshore
The fight is fixed this round. Palms have been greased and this boondoggle is going through Friday. I would love a 'Rocky' style surprise defeat again, not good odds.
And hopefully the american people will get their heads out of their asses and FIRE these senators ......

Americans on the bailout.... We're pissed.
Same Whore .... Different Dress
  • #157
  • Oct 2, 2008 8:44am Oct 2, 2008 8:44am
Quoting johnedoe
And hopefully the american people will get their heads out of their asses and FIRE these senators ......

Americans on the bailout.... We're pissed.

When you do, please let the Brits in on how you managed it - they too need all the help they can get ......http://www.forexfactory.com/images/icons/icon10.gif
Trading Levels with WRBs
  • #158
  • Oct 2, 2008 9:58am Oct 2, 2008 9:58am
Paulson's motives? It's all for his buddies on wall street

House republicans reconsider "NO" vote
Same Whore .... Different Dress
  • #159
  • Oct 2, 2008 10:39am Oct 2, 2008 10:39am
Quoting johnedoe
Paulson's motives? It's all for his buddies on wall street

House republicans reconsider "NO" vote
Quote
Oct. 2 (Bloomberg) -- If you think this bailout is expensive, just wait until you see the next one.

  • #160
  • Oct 3, 2008 3:37am Oct 3, 2008 3:37am
Round #3

Here we go again...

Oct. 3 (Bloomberg) -- U.S. stock-index futures climbed as lawmakers who helped defeat a $700 billion bank-rescue package said they may switch their votes today.

Citigroup Inc. gained 2.1 percent and Morgan Stanley advanced 1.1 percent after at least eight lawmakers in the House of Representatives who voted against the rescue plan this week said they now support the measure. Four others said they may switch their ballots on the bill, which failed by a dozen votes on Sept. 29.

*I heard yesterday that there are lawmakers who volted for the bill and now have chanded their minds as well. That's gonna be one tough Friday

I say it will pass (as I said on Monday )
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