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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:20 AM Original message |
I want this bailout, if it has an equity stake. This will be helping future generations. |
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Junkdrawer (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:23 AM Response to Original message |
1. Do you support the bailout of bad credit card, auto loan and student loan debt? |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:27 AM Response to Reply #1 |
4. Where did you hear it from? |
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Junkdrawer (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:31 AM Response to Reply #4 |
10. "Student, car debt quietly added to bailout plan"... |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:35 AM Response to Reply #10 |
17. Time to start making noise about it then. |
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Romulox (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:38 AM Response to Reply #1 |
23. The irony is that DEBTORS can't get out of student loan or auto debt in bankruptcy |
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Junkdrawer (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:59 AM Response to Reply #23 |
30. Absolutely true. Bankers first is the common theme. n/t |
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El Pinko (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:25 AM Response to Original message |
2. Explain to me how a massive explosion of debt on top of debt and further devaluing of the currency- |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:30 AM Response to Reply #2 |
7. We sell off the assets later. |
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El Pinko (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:33 AM Response to Reply #7 |
12. To whom pray tell? |
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Virginia Dare (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:34 AM Response to Reply #12 |
16. The Europeans and the Japanese will come bargain hunting.. |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:36 AM Response to Reply #16 |
18. We can't sell them immediately... we wait till after the recession is over. |
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Virginia Dare (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 12:57 PM Response to Reply #18 |
52. That could take ten years by some accounts...n/t |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 01:07 PM Response to Reply #52 |
54. It will take longer than that. (nt) |
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El Pinko (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:37 AM Response to Reply #16 |
20. Where did you buy those rose-colored glasses? |
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Virginia Dare (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 12:56 PM Response to Reply #20 |
51. I'm not suggesting this will lift us into glory.... |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 01:09 PM Response to Reply #51 |
56. True... but what will help most of us out... |
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Virginia Dare (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 01:10 PM Response to Reply #56 |
57. I sincerely hope it works, but I have my doubts... |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 01:13 PM Response to Reply #57 |
58. Okay time for me to post *my* pipe dream... |
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Virginia Dare (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 01:20 PM Response to Reply #58 |
59. I'm with you all the way there!... |
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Virginia Dare (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 01:20 PM Response to Reply #58 |
60. dupe |
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Toucano (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:37 AM Response to Reply #2 |
21. I think if we buy the paper at a fraction of it's value |
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Virginia Dare (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 01:02 PM Response to Reply #21 |
53. The part that worries me is.. |
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Romulox (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:39 AM Response to Reply #2 |
24. Just like another HELOC will make the average American "rich". nt |
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Virginia Dare (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:26 AM Response to Original message |
3. IF we have to accept this, then that should definitely be a requirement..n/t |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:30 AM Response to Reply #3 |
9. It already is, per Pelosi this morning. |
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Virginia Dare (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:34 AM Response to Reply #9 |
13. It looks like aside from all the spinning.. |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:36 AM Response to Reply #13 |
19. Exactly! This is an ENORMOUS opportunity... |
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David__77 (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:29 AM Response to Original message |
5. I disagree. |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:32 AM Response to Reply #5 |
11. That's what the equity stake has to include... enough control that we can sell off |
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David__77 (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:23 AM Response to Reply #11 |
36. I guess investment is fine, but it must be at market value. |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:32 AM Response to Reply #36 |
42. Agree completely. |
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David__77 (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:35 AM Response to Reply #42 |
44. Then I wouldn't even call it a "bailout." |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:38 AM Response to Reply #44 |
46. Well IMO there really is an urgent need for cash. |
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ozone_man (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 01:54 PM Response to Reply #46 |
64. Only if we buy the toxic securities at market prices. |
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TooBigaTent (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:29 AM Response to Original message |
6. Unless "we the people" who would pay for this wind up owning the corps, this bailout is |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:34 AM Response to Reply #6 |
14. Why be ugly? Yes, I've learned plenty. |
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riverdeep (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:30 AM Response to Original message |
8. The problem is, we are starting from THEIR assumptions. |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:38 AM Response to Reply #8 |
22. There is no "should"... we have examples of this already. |
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Toucano (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:40 AM Response to Reply #8 |
25. You're right there. |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:42 AM Response to Reply #25 |
27. The difference in this case is that we have more recent examples to study & learn from. |
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slipslidingaway (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:13 AM Response to Reply #8 |
33. Agree, we accepted the big picture and just started to fiddle with |
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Lance_Boyle (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:34 AM Response to Original message |
15. If you like it so much, you wanna fund MY $10,000 worth, too? |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:40 AM Response to Reply #15 |
26. It WAS, in the original form. With equity and regulation (control) added in... |
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shimmergal (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 01:30 PM Response to Reply #26 |
62. Equity shares and re-regulation are |
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sinkingfeeling (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:55 AM Response to Original message |
28. They're calling these wonderful assets we'll be buying 'toxic' for a reason. |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 10:58 AM Response to Reply #28 |
29. We should be learning from history, not acting as if this has never happened before. (nt) |
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Fla Dem (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 01:22 PM Response to Reply #28 |
61. They are toxic...to the firms currently holding them. To the governement they are simply assets |
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Morning Dew (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:04 AM Response to Original message |
31. reset some of those mortgages to 40 years |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:14 AM Response to Reply #31 |
35. I hope you're calling and demanding it! |
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Morning Dew (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:29 AM Response to Reply #35 |
40. it just occurred to me . . . |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:48 AM Response to Reply #40 |
47. Thank *you* for another reason to call them. |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:05 AM Response to Original message |
32. I agree. When the NY Times endorses a proposal first floated by Dennis ... |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:13 AM Response to Reply #32 |
34. That we should shoot ourselves in the foot at EVERY given opportunity, |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:24 AM Response to Reply #34 |
37. Another thing: Politically we could never carry out nationalizations under Obama |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:27 AM Response to Reply #37 |
39. Excellent point! |
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IndianaJones (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:25 AM Response to Original message |
38. you rock. nt. |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:35 AM Response to Reply #38 |
43. Aw, you. |
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JHB (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:31 AM Response to Original message |
41. And no offshoring |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:35 AM Response to Reply #41 |
45. Another great idea... another round of calls! |
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slipslidingaway (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 12:00 PM Response to Original message |
48. Bernanke testimony from the other day... |
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bvar22 (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 12:51 PM Response to Original message |
49. K&R |
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bvar22 (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 12:56 PM Response to Original message |
50. Equity, Oversight, Transparency, and Re-Regulation.... |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 01:08 PM Response to Reply #50 |
55. Thanks! |
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izzybeans (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 01:49 PM Response to Original message |
63. It depends on what they buy and at what price. As of now we are buying trash |
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