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Indenturedebtor (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 10:38 AM Original message |
Can anyone explain to me how this bailout is going to save housing values? |
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MercutioATC (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 10:41 AM Response to Original message |
1. It won't. It'll just save the institutions that made the bad loans. |
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lostnotforgotten (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 10:42 AM Response to Reply #1 |
2. Bingo - We Are Providing Golden Parachutes To Bush's Cronies |
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Indenturedebtor (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 10:46 AM Response to Reply #2 |
3. And in the process flushing the dollar value down the toilet no? |
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lostnotforgotten (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 10:51 AM Response to Reply #3 |
6. Its All By Design! |
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Wetzelbill (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 10:46 AM Response to Original message |
4. MercutioATC is right on |
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mike_c (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 10:50 AM Response to Original message |
5. I'll be terribly disappointed if it does "save housing values...." |
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Indenturedebtor (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 10:58 AM Response to Reply #5 |
8. It probably should. But many, like me, are just going to walk away |
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Dreamer Tatum (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 10:54 AM Response to Original message |
7. It provides liquidity |
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coalition_unwilling (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 11:13 AM Response to Reply #7 |
9. That's what Bush and his cronies |
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Dreamer Tatum (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 11:45 AM Response to Reply #9 |
10. No, my friend, it's the truth |
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coalition_unwilling (1000+ posts) Send PM | Profile | Ignore | Mon Sep-22-08 12:46 PM Response to Reply #10 |
14. I'm not confusing capitalism and liquidity, AIG was heavily invested |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 11:50 AM Response to Reply #7 |
11. For the short term only, and I do mean short term, a matter of months |
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Dreamer Tatum (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 12:54 PM Response to Reply #11 |
12. I don't see that happening |
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NNN0LHI (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 01:02 PM Response to Original message |
13. This is a reverse-Robin Hood system |
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