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Reply #46: Does this mean the 700 Billion bailout is now dead? [View All]

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apnu Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 08:27 AM
Response to Reply #26
46. Does this mean the 700 Billion bailout is now dead?
That Congress can go home now?
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  -STOCK MARKET WATCH, Tuesday September 30 ozymandius  Sep-30-08 04:21 AM   #0 
  - Market WrapUp  ozymandius   Sep-30-08 04:25 AM   #1 
  - Morning, ozy! Anyone notice this on the GOP platform site?  Roland99   Sep-30-08 04:39 AM   #8 
     - I had not read that until you posted it.  ozymandius   Sep-30-08 04:48 AM   #11 
     - Doesn't say much for ol' McCain, though, eh?  Roland99   Sep-30-08 06:06 AM   #29 
        - He's the only politician I've ever seen who so willingly spews detritus out both ends.  ozymandius   Sep-30-08 06:56 PM   #139 
     - actually, yup.  snot   Sep-30-08 04:57 AM   #15 
        - It was on DU's front page, too, a few days ago.  Tansy_Gold   Sep-30-08 06:12 AM   #31 
  - Today's Reports  ozymandius   Sep-30-08 04:27 AM   #2 
  - Consumer confidence expected to take a hit  UpInArms   Sep-30-08 07:28 AM   #40 
  - U.S. Sept. Chicago PMI 56.7% vs 57.9% in Aug.  UpInArms   Sep-30-08 09:17 AM   #63 
  - U.S. Sept. consumer confidence 59.8 vs 58.5 in August  UpInArms   Sep-30-08 09:18 AM   #64 
     - What are we smokin? n/t  54anickel   Sep-30-08 09:39 AM   #73 
        - Relief That the World Did Not End on Monday?  Demeter   Sep-30-08 11:44 AM   #98 
           - I wouldn't think Monday would have come into play for the numbers yet. Maybe it was McCain's  54anickel   Sep-30-08 12:39 PM   #107 
              - Oh my, check out the video that surfaced on DU today - the fundamentals of our economy....Bwahaha  54anickel   Sep-30-08 12:56 PM   #111 
                 - Oh, it needs to end with some quote of his that we're in a crisis.  Roland99   Sep-30-08 01:12 PM   #114 
  - Oil falls as traders weigh US bailout rejection  ozymandius   Sep-30-08 04:30 AM   #3 
  - worries that the financial crisis would drag on global growth ...  radfringe   Sep-30-08 05:07 AM   #19 
     - Too bad Greenscam isn't around to create the coffee can bubble.  ozymandius   Sep-30-08 05:13 AM   #22 
     - If I had the money  radfringe   Sep-30-08 05:28 AM   #27 
     - The credit crunch may mean the end of bubbles, for now, but this may be the next..  girl gone mad   Sep-30-08 05:56 AM   #28 
  - Fannie, Freddie disclose subpoenas, investigations  ozymandius   Sep-30-08 04:33 AM   #4 
  - Why *any* Bailout will be an EPIC FAIL!  Roland99   Sep-30-08 04:36 AM   #5 
  - I wholly agree with the spirit and substance of your screed.  ozymandius   Sep-30-08 04:46 AM   #10 
  - Ah, thank you for the kind words.  Roland99   Sep-30-08 04:49 AM   #12 
  - I've been trying to tell folks about that stuff  Warpy   Sep-30-08 06:59 AM   #34 
  - How much work/time would it take to "unwind" the MBSs and separate the wheat from the chaff?  Roland99   Sep-30-08 07:53 AM   #44 
     - GMTA  Tansy_Gold   Sep-30-08 09:10 AM   #62 
     - That's the underlying issue, the bad stuff  DemReadingDU   Sep-30-08 12:03 PM   #104 
  - I read that when you posted yesterday. Didn't have time to comment.  Dr.Phool   Sep-30-08 07:23 AM   #38 
  - Thanks, Dr. My fear is that they'll rush something just as horrid due to "election season"  Roland99   Sep-30-08 08:08 AM   #45 
     - Will do.  Dr.Phool   Sep-30-08 08:57 AM   #56 
        - Oh, have at it!!!  Roland99   Sep-30-08 09:03 AM   #58 
  - Great post there Roland! I also agree with your sentiment further down about the  54anickel   Sep-30-08 09:53 AM   #76 
  - Yeah...perish the thought of interviewing people who might, oh, I dunno...have a clue?!  Roland99   Sep-30-08 12:00 PM   #103 
  - I agree, too.  Birthmark   Sep-30-08 11:31 AM   #96 
     - :)  Roland99   Sep-30-08 11:59 AM   #102 
  - Stock futures WAY to the upside. Hello, Sucker Rally.  Roland99   Sep-30-08 04:37 AM   #6 
  - Wall Street to Rally on Renewed Hope  ozymandius   Sep-30-08 05:05 AM   #18 
  - White House, lawmakers plan new bailout deal  ozymandius   Sep-30-08 04:37 AM   #7 
  - In Bailout Vote, a Leadership Breakdown  ozymandius   Sep-30-08 05:00 AM   #16 
  - Keep up the pressure.  Dr.Phool   Sep-30-08 07:30 AM   #41 
  - Follow the money  54anickel   Sep-30-08 11:52 AM   #99 
     - Which is why I am a proponent of publicly funded elections.  ozymandius   Sep-30-08 07:00 PM   #140 
  - Add More Lipstick!  Demeter   Sep-30-08 07:49 PM   #142 
  - Well, here's Michael Moore's reaction to yesterday, in case you missed it:  Hissyspit   Sep-30-08 04:41 AM   #9 
  - Common sense reluctantly won this round.  ozymandius   Sep-30-08 04:55 AM   #13 
  - The press focus is on the GOPer No vote  Robbien   Sep-30-08 06:14 AM   #32 
  - And from Ross Perot, fwiw  Roland99   Sep-30-08 04:56 AM   #14 
     - exactly, other alternatives  DemReadingDU   Sep-30-08 07:22 AM   #36 
  - lol... that toon  radfringe   Sep-30-08 05:01 AM   #17 
  - Keep on drawing, rad.  ozymandius   Sep-30-08 05:09 AM   #20 
  - thanks!  radfringe   Sep-30-08 05:10 AM   #21 
  - Message is far more potent than technique.  Gregorian   Sep-30-08 11:22 AM   #94 
  - How Your Tax Dollars Are Spent  ozymandius   Sep-30-08 05:16 AM   #23 
  - Debt: 09/26/2008 9,889,199,531,449.08 (UP 39,949,565,065.16) (&no bailout yet)  Festivito   Sep-30-08 05:18 AM   #24 
  - Debt: 09/29/2008 9,945,578,231,981.59 (UP 56,378,700,532.51) (not including the Fed)  Festivito   Sep-30-08 05:52 PM   #135 
     - Isn't  tama   Oct-01-08 01:44 AM   #145 
        - The debts are loan papers. neither stocks nor bonds.  Festivito   Oct-01-08 05:42 AM   #146 
  - Have a nice day everyone.  ozymandius   Sep-30-08 05:22 AM   #25 
  - We'll (try to) leave the light on for ya.  Roland99   Sep-30-08 06:07 AM   #30 
  - And yourself, as well  Maeve   Sep-30-08 06:50 AM   #33 
     - Sage, as always.  ozymandius   Sep-30-08 06:53 PM   #138 
  - Fed Pumps Further $630 Billion Into Financial System (update 3)  radfringe   Sep-30-08 05:23 AM   #26 
  - Right now we need a picture of Bernanke cranking out dollars from  mrdmk   Sep-30-08 07:11 AM   #35 
  - Does this mean the 700 Billion bailout is now dead?  apnu   Sep-30-08 08:27 AM   #46 
  - And what was the result of that huge infusion of $$$? I mean, it's close to the $700 Billion they  54anickel   Sep-30-08 12:22 PM   #105 
  - dollar chart  UpInArms   Sep-30-08 07:22 AM   #37 
  - Money markets stay locked; o/n rate soars  UpInArms   Sep-30-08 07:26 AM   #39 
  - And Now A Note from the Crazies: The Fed Needs To Cut Interest Rates To Zero  UpInArms   Sep-30-08 07:35 AM   #42 
  - Morning Marketeers.....  AnneD   Sep-30-08 07:44 AM   #43 
  - Pre-opening pie-hole noise  TOJ   Sep-30-08 08:28 AM   #47 
  - Caffeine??  not fooled   Sep-30-08 11:00 AM   #90 
  - ~09:45 EDT: Up 200+ on the Dow.  Prag   Sep-30-08 08:44 AM   #48 
  - Just kidding about the threat yesterday.  RUMMYisFROSTED   Sep-30-08 08:44 AM   #49 
  - Emergency? Did we say there was an emergency?  Prag   Sep-30-08 08:47 AM   #51 
     - Indeed.  RUMMYisFROSTED   Sep-30-08 08:50 AM   #53 
  - Stocks up 222  DemReadingDU   Sep-30-08 08:45 AM   #50 
  - It's a crisis, lemme tell ya!  Prag   Sep-30-08 08:48 AM   #52 
  - The DOW is not the be-all-end-all indicator of the health of the markets.  Barack08   Sep-30-08 08:57 AM   #57 
  - The Ted Spread measures FEAR, currently 3.43  DemReadingDU   Sep-30-08 09:10 AM   #61 
  - Thank you!  Barack08   Sep-30-08 09:26 AM   #65 
  - Bargain shoppers always bump it up after a big sell off  nolabels   Sep-30-08 09:29 AM   #67 
  - Perhaps Not, But It Sure Puts the Urgency To a Lie  Demeter   Sep-30-08 11:56 AM   #100 
  - How about even better closing numbers? Up nearly 500.  mbperrin   Sep-30-08 07:14 PM   #141 
  - We're Screwn  Bleachers7   Sep-30-08 09:08 AM   #60 
  - Presidential Daily Briefing 6 August 2008  muleboy303   Sep-30-08 08:53 AM   #54 
  - Heh. Good one. nt  there-s a   Sep-30-08 08:56 AM   #55 
     - thankya ... i wish i could PhotoShop  muleboy303   Sep-30-08 09:04 AM   #59 
        - Here you go  Col Jack D Ripper   Sep-30-08 10:22 AM   #79 
           - EXCELLENT  muleboy303   Sep-30-08 10:55 AM   #89 
           - Sound  not fooled   Sep-30-08 11:03 AM   #91 
  - Pool winner.....?  MadinMo   Sep-30-08 09:26 AM   #66 
  - Nope. They won and it's permanent...  Prag   Sep-30-08 09:30 AM   #68 
     - We could have a pool for the lowest point in Bush's terms  DemReadingDU   Sep-30-08 10:25 AM   #80 
     - Yes, you had mentioned that earlier.  Prag   Sep-30-08 10:33 AM   #83 
        - You could do that....  AnneD   Sep-30-08 12:48 PM   #108 
     - How about -- How Low Will it Go?  MadinMo   Sep-30-08 10:39 AM   #86 
     - Either one would be good.  Prag   Sep-30-08 10:44 AM   #88 
     - Hey, that was my idea from yesterday!  Roland99   Sep-30-08 11:07 AM   #92 
     - We Could Go For The NEXT Time It Crosses the Start Line Wrong-Way  Demeter   Sep-30-08 11:58 AM   #101 
        - It's already passed the Great Reset point.  Prag   Sep-30-08 12:52 PM   #110 
  - Krugman: People I agree with, part 1  antigop   Sep-30-08 09:31 AM   #69 
  - Krugman: People I agree with, part two  antigop   Sep-30-08 09:38 AM   #72 
  - Link to Galbraith article that Krugman references  antigop   Sep-30-08 09:58 AM   #78 
  - Why are none of these economists talking about separating out the packaged securities?  Roland99   Sep-30-08 09:54 AM   #77 
     - there are no "good" loans - this is about CDOs and derivatives  UpInArms   Sep-30-08 06:15 PM   #136 
  - Krugman: Where will the money come from?  antigop   Sep-30-08 09:33 AM   #70 
  - Krugman: Overfed? (Fed's balance sheet)  antigop   Sep-30-08 09:36 AM   #71 
  - ~10:45 EDT: Up... It's feeling better. May even go for a walk.  Prag   Sep-30-08 09:39 AM   #74 
  - 10:48am - We're Gonna Fly Now!  Roland99   Sep-30-08 09:49 AM   #75 
  - Help me out, why the sudden confidence?  apnu   Sep-30-08 10:25 AM   #81 
     - Seriously doubt it. More like the whiners are waking up and realizing they were....whiners.  Roland99   Sep-30-08 10:35 AM   #84 
     - I suspect you're correct.  Prag   Sep-30-08 10:37 AM   #85 
  - Gold down $23 so far today.  Bleachers7   Sep-30-08 10:31 AM   #82 
  - It's still up over $40 the last two weeks.  Dr.Phool   Sep-30-08 10:40 AM   #87 
  - 10 years ago, Molly Ivins said.... (Molly was right)  antigop   Sep-30-08 11:11 AM   #93 
  - Molly and Dingell had it right  antigop   Sep-30-08 11:24 AM   #95 
  - What a great Obama campaign quote from Gramm  TOJ   Sep-30-08 01:01 PM   #112 
     - That's exactly what I thought when I read that passage.  Prag   Sep-30-08 01:05 PM   #113 
  - And neither will Obama.  amandabeech   Sep-30-08 04:38 PM   #131 
  - These People are Friggin' Insane.  Tandalayo_Scheisskopf   Sep-30-08 11:37 AM   #97 
  - Remember this? Mar. 29: Treasury Secretary to call for sweeping regulation overhaul  antigop   Sep-30-08 12:36 PM   #106 
  - And the related article - Treasury regulatory blueprint hobbled from the start  54anickel   Sep-30-08 01:31 PM   #115 
  - ~13:45 EDT: Wolf? (Up more than 300)  Prag   Sep-30-08 12:51 PM   #109 
  - ~15:00 EDT: Up still more... (approx 380 on the Dow)  Prag   Sep-30-08 02:03 PM   #116 
     - +410....+392....last half hour.  Roland99   Sep-30-08 02:38 PM   #119 
  - With bailout plan, a first glimpse at candidates' management styles  54anickel   Sep-30-08 02:16 PM   #117 
  - (Hedge Fund) Year-end redemption requests loom over industry  Roland99   Sep-30-08 02:37 PM   #118 
  - Oh my, it appears there are ticking time-bombs throughout the system. This crisis has been sitting  54anickel   Sep-30-08 03:06 PM   #121 
     - The run on hedge funds was Roubini's next concern.  Roland99   Sep-30-08 03:26 PM   #122 
     - You know, I wonder where'd we be if Paul O'Neill remained Treasury Sec'y and...  Roland99   Sep-30-08 03:28 PM   #123 
     - My gut feels that Paulson is going to be the dictator king  DemReadingDU   Sep-30-08 03:35 PM   #124 
        - They remind me of the "Jewish Suicide Team" in "The Life of Brian".  Dr.Phool   Sep-30-08 05:25 PM   #134 
        - Love his explanation of exponential growth and compounding. The Money is Debt series touched on it  54anickel   Sep-30-08 11:00 PM   #143 
        - ARRRRRGH!!! I skipped to chapter 19 Future Shock. It's really nasty to get someone  54anickel   Sep-30-08 11:20 PM   #144 
           - Martenson has been reliable all summer, every couple weeks  DemReadingDU   Oct-01-08 07:02 AM   #147 
              - Thanks, he's done a great job, caught most of them last night since I couldn't sleep anyway. Like  54anickel   Oct-01-08 08:13 AM   #148 
                 - martenson does a great job in these videos  DemReadingDU   Oct-01-08 08:34 AM   #149 
  - Just before the close...markets call mulligan  Roland99   Sep-30-08 02:59 PM   #120 
  - So, if it was the non-passage of the bill that caused the "problem" yesterday  TalkingDog   Sep-30-08 03:39 PM   #125 
     - So what's the urgency to pass this bill?  DemReadingDU   Sep-30-08 03:56 PM   #126 
     - They've looked into each others' eyes and seen  Karenina   Sep-30-08 04:14 PM   #128 
     - There is talk of bringing it up later in the week  CatholicEdHead   Sep-30-08 03:58 PM   #127 
     - I think the credit market is in a bad way though  Mojorabbit   Sep-30-08 04:21 PM   #130 
     - Bargain hunting? Computer program buying? Hope that Thur. brings passage of a new bill.  Roland99   Sep-30-08 04:16 PM   #129 
     - Like gamblers markets thrive on action  fedsron2us   Sep-30-08 05:02 PM   #133 
  - Bank rates soar on cash dash, cenbanks supply funds  Ghost Dog   Sep-30-08 04:45 PM   #132 
  - At the close: how thick can some get?  ozymandius   Sep-30-08 06:45 PM   #137 
 

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