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U.S. Pledges Top $7.7 Trillion to Ease Frozen Credit

Posted: Mon Nov 24, 2008 2:20 pm
by josh
Ah, the joys of a sitting duck president.
http://www.bloomberg.com/apps/news?pid= ... refer=home

Re: U.S. Pledges Top $7.7 Trillion to Ease Frozen Credit

Posted: Mon Nov 24, 2008 3:31 pm
by John Cartwright
I'm tempted to lock this.

Politics are a big no-no. Keep it clean boys/girls.

Re: U.S. Pledges Top $7.7 Trillion to Ease Frozen Credit

Posted: Mon Nov 24, 2008 3:43 pm
by onion2k
*Sticks out hand*

Please? Just a few million? You'd hardly even notice it.

Re: U.S. Pledges Top $7.7 Trillion to Ease Frozen Credit

Posted: Mon Nov 24, 2008 4:52 pm
by Christopher
To paraphrase Winston Churchill, "Never in the field of human finance was so much owed by so many because of the corrupt ineptitude of so few."

It is amazing how you take the basic idea that "businessmen will act honestly" and wrap in in a couple of hot-button social issues, then slap on a coat of fear -- and here we are. America is reduced to a pathetic shell of itself. I guess we got what we deserved after behaving so badly for so long.

And now the government guys who believed in and sold us the "businessmen will act honestly" idea are in charge of helping all those same businessmen. And surprise, the government guys are requiring very little because of course those businessmen will act honestly.

Re: U.S. Pledges Top $7.7 Trillion to Ease Frozen Credit

Posted: Mon Nov 24, 2008 7:26 pm
by josh
Jcart wrote:I'm tempted to lock this.

Politics are a big no-no. Keep it clean boys/girls.
haha, its news that affects us... not intending to start a flame war.

Re: U.S. Pledges Top $7.7 Trillion to Ease Frozen Credit

Posted: Tue Nov 25, 2008 3:20 am
by onion2k
arborint wrote:To paraphrase Winston Churchill, "Never in the field of human finance was so much owed by so many because of the corrupt ineptitude of so few."
Hanlon's Razor: Never attribute to malice that which can be adequately explained by stupidity.

Re: U.S. Pledges Top $7.7 Trillion to Ease Frozen Credit

Posted: Tue Nov 25, 2008 3:29 am
by josh

Re: U.S. Pledges Top $7.7 Trillion to Ease Frozen Credit

Posted: Tue Nov 25, 2008 3:41 am
by Christopher
onion2k wrote:Never attribute to malice that which can be adequately explained by stupidity.
These particular gentlemen, who are going to walk away in a few months, are in no way stupid. They knew exactly what they wanted to do and they did it.