Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

it's OK that the market is falling

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
DividedWeAre Donating Member (101 posts) Send PM | Profile | Ignore Mon Sep-29-08 12:42 PM
Original message
it's OK that the market is falling
It's OK that the market is falling. It means that the market understands that this is not a total bailout. It means that those companies that are desperate will either have to find a buyer or accept the legislation's buyout terms. It means that corporate execs will only go to the buyout as a last resort because it affects their personal wallet. It means that those that have no other choice will have somewhere to go but if they are looking for an easy out, they will have to keep looking. It means most of all that the people that let their greed get in front of their country's well-being will have to stir their own shit... and that is the way that it should be.

I don't want the entire economy to fail but I don't think the investment banks and banks that over-invested should be in any better shape than the citizens that are losing everything because they did business with these banks.
Printer Friendly | Permalink |  | Top
girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 12:44 PM
Response to Original message
1. I think it means that the market knows it's a bad plan..
that won't save our economy, and all of the fear mongering only served to erode confidence even further.
Printer Friendly | Permalink |  | Top
 
DividedWeAre Donating Member (101 posts) Send PM | Profile | Ignore Mon Sep-29-08 12:48 PM
Response to Reply #1
2. the bad part
The bad part is that the plan is necessary (?) - i think the safeguards that have been included are pretty extraordinary for Congress. Usually, it is a total bailout/free-for-all. But i will accept the argument that it should not be done at all and that the banks should have to take their own medicine - i won't put up much of an argument about that.
Printer Friendly | Permalink |  | Top
 
NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 12:49 PM
Response to Original message
3. It means the smart ones are selling
That's all it means.

Don
Printer Friendly | Permalink |  | Top
 
wtmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 12:56 PM
Response to Original message
4. Yes.
Get it over with now. Cheaper in the long run.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 26th 2024, 01:01 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC