If congress doesn't solve this within a week, two tops, it's over.

[scheming daemons]

There will be no turning back. Too many banks will go under.

[The Velveteen Ocelot]

1. Breathe. It's not "over."

[Davis_X_Machina]

2. In ten minutes...

...ten people will come along and tell you it won't happen, and ten more will come along and tell you it's a good thing.

[lostnotforgotten]

3. More Fear Mongering - Bush Are You Now Posting To Du?

eom

[scheming daemons]

8. Pardon me... but FUCK YOU. This is bigger than Bush.....

His lack of leadership caused this.


But do you really care about blaming the captain of the Titanic while the ship is going under?


REALLY?

[Joe the Revelator]

11. I'm going to start calling it like I see it...if you think that this is just fun and game PAU...

then you're an idiot.

[BzaDem]

21. Are you really still posting today?

I would have thought you would have been embarrassed enough after the events of today not to show your face. I hope you are happy at how profound your anger is.

[msallied]

25. You already nullified your opinion by admitting

that it was based off of anger and bitterness. So, I will politely tell you to go fuck yourself.

People who aren't happy until others are suffering like them are soulless cretins who are no fucking better than the cretins in charge.

[TexasObserver]

4. Well, if you start a new thread once an hour ...

... that will surely help.

[racaulk]

5. Haven't you spread enough "doom and gloom" around this forum YET?

Seriously, calm the fuck down. Geez...

:eyes:

[MichiganVote]

6. I am of the same mind. And no, I am not susceptible to the Bush fear mongering.

[Binka]

27. But You Have Been Here Four Years And Still Do Not Donate To DU?

Using up bandwidth but no donation and now you are crying in the tea cups of the fat cats? Oh Boo Hoo to you. It is obvious where your priorities are. Spout off some more kettle. The whistle is blowing.

[MichiganVote]

33. Bad day Binka? I don't recall being accountable to you, but if you care to consult Skinner...

be my guest. I'll try to put a better face on it than you.

[TNMOM]

7. dude you said that last week. we ain't in hell yet. stop fretting.

[scheming daemons]

10. Really? We aren't? Try to get a loan tomorrow. Any loan.

[OmahaBlueDog]

15. Silly statement. Please use some reason

Swiping your Visa is a loan. I've seen no sign that this will stop tomorrow. Why is this? Because consumer credit is exceptionally profitable, and if US banks can't or won't make those loans, then banks in China or Dubai -- where I assure you they have cash -- will.

[PM Martin]

9. We have until the end of October. That is it.

We cannot wait until January. If we do, then the bottom is going to fall out of the world economy.

[grantcart]

12. It won't be the banks that will be the problems it will be the hundreds of thousands of

small and medium sized businesses that will close because they couldn't write out payroll checks.


But as many here say - "that will teach them"


Actually I think in the next two days the blow back will be so strong that they will be back, change it slightly and it passes by a large margin.


Funny how wiping another 1000 points off the Dow will sober people up.

[scheming daemons]

13. I'm cautiously optimistic that you are right. Congress can't be that stupid, can they?

[OmahaBlueDog]

18. Even if the Dow shaved another grand

That would be 17% in 2 days -- the equivalent of the one day drop in '87. The one day drop in '87 didn't change much, and the Dow closed up for the year.

[Lifelong Protester]

19. I think you are right.

So many here seem to think this is a problem from a galaxy far, far, away, but guess what folks, it will be at the local Rialto near you (before it closes down...)

[msallied]

24. You nailed it and I hope your prediction about another vote soon is right.

[Fractasticlicious]

31. Damn right that will teach them!

What kind of shitty business has to take out a loan every time they need to meet payroll? Fucking idiots should be forced out of business!

[blue cat]

14. there won't be another vote

until next week, so this will be an interesting week.

[endthewar]

16. Bush would find some creative executive orders before too many banks collapsed.

[martymar64]

17. Thanks, Chicken Little!

Don't be so eager to rush in and roll over for whatever bullshit plan Bush hands you. Remember who you're dealing with, the one that stuffed the Iraq war and Patriot Act down our throats. Let the Dems come up with a better plan that doesn't reward your pals on Wall St for their malfeasance and actually helps working people. If worse comes to worst, we can always nationalize the banks and seize all the assets of the CEO 's and the predatory bankers and drop them into prison for a life sentence getting pounded in the ass.
You've been a panic monger all day long and have contributed nothing except trying to push a crappy deal upon us, claiming some amorphous doom will befall us if we don't pass whatever Wall Street demands, no questions asked. What's your angle? Are you getting a piece of that $700 B for yourself?

Really, please just STFU.

[RoccoR5955]

20. Nah, there's an asteroid that is going to hit earth on Friday.

So don't worry about your money, you won't need it any way!

The sky IS falling!

Oh, and I will be selling several bridges on Saturday, on the East River in NYC.

:sarcasm:

[rosesaylavee]

22. Commercial construction is already in trouble.

More and more developments are 'on hold' now waiting to find out if financing for the projects are stable. This has been building to this crescendo since May.

People are just not getting that this is NOT about Wall Street. This will touch us all and some of us quicker than others. My concern - my fear - is that this economy will collapse quicker than Congress can address it. I had hoped that the bail out would have stalled the process long enough for recovery to happen in different sectors to spur an upward trend. Now. I don't know what to think. I read on some threads here that I am just not 'left' enough to know to be against the bailout today.

What the hell. Time to walk away from the computer and DU for awhile I think.

[msallied]

26. That was my exact worry as well--that parts of the market will begin to crumble

before Congress can pass a bill. And it will. No one thought this bill was panacea. But it was better than NOTHING.

[AZBlue]

23. Wow. Two fear-mongering posts in one evening?

What good does hand-wringing and "what if..." talk do for any of us?
Nothing.

[Fractasticlicious]

28. Waaaaah, whatever.

It's over for the corporate fat cat pigmen of wall street. Screw them, they should all be put up against the wall and shot!

[msallied]

30. Simpleton. n/t

[Fractasticlicious]

32. Ouch, that penetrated my translucent skin.

Apologize or I will summon karma.

[blondeatlast]

29. SD, we were both a little overwrought this morning. As time passes, I'm cooling off. Get some rest--

or are you playing us like you did FR?

[totodeinhere]

34. They said that if that bailout bill wasn't approved over the past weekeend...

our economy would be in total meltdown mode. Well, it didn't happen and it won't happen.