More Media Bias

today AIG informed that us goverment that the 98 billion dollar loan package was not going to be enough ...

The goverment has reworked it into a 150 dollar billion loan package ...


Today fanne mae informed the us goverment that the 100 billion dollars given to it was not going to be enough ... as of yet we do not know how much is going to be enough ...


enjoy your poltics while they still matter....
 
today AIG informed that us goverment that the 98 billion dollar loan package was not going to be enough ...

The goverment has reworked it into a 150 dollar billion loan package ...


Today fanne mae informed the us goverment that the 100 billion dollars given to it was not going to be enough ... as of yet we do not know how much is going to be enough ...


enjoy your poltics while they still matter....

They should have let them fail, go BK and start over. Just like what they should do with the American auto industry. Propping up these failed, poorly managed institutions will only drain the American tax payer.
 
They should have let them fail, go BK and start over. Just like what they should do with the American auto industry. Propping up these failed, poorly managed institutions will only drain the American tax payer.


in the event AIG goes bankrupt ... complete market collapse ....

in the event fannie mae goes BK , complete credit freeze ... no more buying or selling of homes .. world wide econmic destruction .
 
in the event AIG goes bankrupt ... complete market collapse ....

in the event fannie mae goes BK , complete credit freeze ... no more buying or selling of homes .. world wide econmic destruction .

In case you haven't noticed, were are well on our way and they already have had their bailout money!!! The economy and the market is collapsing and now the are wanting more??? You cant throw money at these institutions expecting the problem to go away. :blink:

Don't believe what they been feeding you... :down:
 
i'm quite aware of most of the aspects of the situation ... the reason it "hasn't worked" is that things are FAR FAR worse than anyone ever belived they could be ... THAT'S why they need more money ..
 
i'm quite aware of most of the aspects of the situation ... the reason it "hasn't worked" is that things are FAR FAR worse than anyone ever belived they could be ... THAT'S why they need more money ..

Because where never honest on the depth of their own balance sheet problems. All the accounting rules flew out the window, Fannie and Freddies problems where put under a magnifier glass 3 years ago but the democrat's dismissed them. Three frickin years before this blew up in the taxpayers faces. So much for "CHANGE".

People were blowing whistles all along on wall street, Bear Stearns says on a friday they have plenty of money and on monday they are bankrupt???

Money being thrown at these institution and that is not the answer.