Comments on: Why the rest of the world isn’t helping with the bailout http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/ Firedoglake weblog Sat, 18 Feb 2012 00:38:37 -0600 hourly 1 http://wordpress.org/?v=3.1.2 By: gan1 http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1649304 gan1 Fri, 26 Sep 2008 12:46:37 +0000 http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1649304 <p>Above is reply to 29</p> Above is reply to 29

]]> By: gan1 http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1649303 gan1 Fri, 26 Sep 2008 12:45:24 +0000 http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1649303 <p>Nice plan, but you’re off by a factor of 1000.</p> Nice plan, but you’re off by a factor of 1000.

]]> By: jasonabdon http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648972 jasonabdon Fri, 26 Sep 2008 05:42:31 +0000 http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648972 <p>Americantax payer: lift haunches. Prepare for insertion of the big one.</p> <p>Wow. This is a real surprise, They said there will be a October surpris.</p> <p>Will, have I got news for you. You’d better get some hip waders. It’s </p> <p>not October yet.</p> <p>I’ll give you a hint. You and your children will wish to God amighty you’d</p> <p>never heard of George W. Bush.</p> Americantax payer: lift haunches. Prepare for insertion of the big one.

Wow. This is a real surprise, They said there will be a October surpris.

Will, have I got news for you. You’d better get some hip waders. It’s

not October yet.

I’ll give you a hint. You and your children will wish to God amighty you’d

never heard of George W. Bush.

]]> By: myshadow http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648901 myshadow Fri, 26 Sep 2008 04:37:46 +0000 http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648901 <p>There is a little more to why they are scrambling.</p> <p>Sept. 30 is the deadline for compliance with Basel 2.</p> <p>The whole ponzie scheme of mortgage backed direvetives is going to collapse.</p> <p>There ain’t no money.</p> <p><a href="http://www.developer.com/java/ent/article.php/3403901" rel="nofollow">http://www.developer.com/java/.....hp/3403901</a></p> There is a little more to why they are scrambling.

Sept. 30 is the deadline for compliance with Basel 2.

The whole ponzie scheme of mortgage backed direvetives is going to collapse.

There ain’t no money.

http://www.developer.com/java/…..hp/3403901

]]> By: masaccio http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648566 masaccio Fri, 26 Sep 2008 01:28:55 +0000 http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648566 <p>We should also tax transactions in securities and commodities.</p> We should also tax transactions in securities and commodities.

]]> By: Ian Welsh http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648543 Ian Welsh Fri, 26 Sep 2008 01:16:27 +0000 http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648543 <p>Deeper in recession, basically. More job losses, higher interest rates on credit cards, might even lose access to some credit, and so on. Not the end of the world, but a nasty recession. Of course, depending on how it’s handled it might turn into something worse than a nasty recession.</p> <p>Oh, and inflation.</p> <p>But a lot does depend on what’s done by various actors such as Congress and Bernanke.</p> Deeper in recession, basically. More job losses, higher interest rates on credit cards, might even lose access to some credit, and so on. Not the end of the world, but a nasty recession. Of course, depending on how it’s handled it might turn into something worse than a nasty recession.

Oh, and inflation.

But a lot does depend on what’s done by various actors such as Congress and Bernanke.

]]> By: KayInMaine http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648518 KayInMaine Fri, 26 Sep 2008 01:02:31 +0000 http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648518 <p>They’re a bunch of vultures right now looking for a big scrap. I detest them all at the moment.</p> They’re a bunch of vultures right now looking for a big scrap. I detest them all at the moment.

]]> By: rich2506 http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648510 rich2506 Fri, 26 Sep 2008 00:55:25 +0000 http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648510 <p>Seems to me we had a similar problem in 2003 after the fall of Baghdad. The US asked other countries to help with the cost of the occupation and gee! For some odd reason, they said no! I mean, even though the US had acted more or less alone (Yeah, yeah, yeah, we had Micronesia and Bulgaria with us, so we weren’t <em>entirely</em> alone) and completely ignored their very well-founded objections before the start of the war, they couldn’t put their annoyance aside and help out, even though Bush didn’t offer to restore Russia and France’s oilfields to them.</p> Seems to me we had a similar problem in 2003 after the fall of Baghdad. The US asked other countries to help with the cost of the occupation and gee! For some odd reason, they said no! I mean, even though the US had acted more or less alone (Yeah, yeah, yeah, we had Micronesia and Bulgaria with us, so we weren’t entirely alone) and completely ignored their very well-founded objections before the start of the war, they couldn’t put their annoyance aside and help out, even though Bush didn’t offer to restore Russia and France’s oilfields to them.

]]> By: cinnamonape http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648457 cinnamonape Fri, 26 Sep 2008 00:39:10 +0000 http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648457 <p>The market is buying into the idea that they are gonna make huge amounts og money if the are bailed out…it’s that simple. Invest if you are going to make money, ditch when you aren’t. When the market jumps like a monkey for a banana it’s time for us bananas to worry!</p> The market is buying into the idea that they are gonna make huge amounts og money if the are bailed out…it’s that simple. Invest if you are going to make money, ditch when you aren’t. When the market jumps like a monkey for a banana it’s time for us bananas to worry!

]]> By: wesgpc http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648439 wesgpc Fri, 26 Sep 2008 00:29:32 +0000 http://firedoglake.com/2008/09/25/why-the-rest-of-the-world-isnt-helping-with-the-bailout/#comment-1648439 <p>Sorry for confusion, I was citing money market guarantee as something already in place as an example of kind of thing needed to tide us over, not suggesting that as a next step.</p> Sorry for confusion, I was citing money market guarantee as something already in place as an example of kind of thing needed to tide us over, not suggesting that as a next step.

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