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BigBearJohn (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:23 AM Original message |
Realistically speaking, if we DON'T bail them out, what truly are the consequences SPECIFICALLY |
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JeffR (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:25 AM Response to Original message |
1. Hoping for a really detailed, smart anser to this question. |
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seabeyond (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 07:28 AM Response to Reply #1 |
72. it is an unknown. it is the future. one can only predict...... that is the hard part |
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lligrd (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:28 AM Response to Original message |
2. Nope, It Is A Big Secret |
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sandnsea (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:30 AM Response to Original message |
3. No. Money. |
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still_one (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:44 AM Response to Reply #3 |
11. Bingo. It would lead to massive business failures, which would would lead to |
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avaistheone1 (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 09:17 PM Response to Reply #11 |
93. What a bunch of crap. The only BIG unemployment is going to be on Wall Street. |
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quiller4 (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 09:20 PM Response to Reply #93 |
94. The unemployment will be on Main Street |
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backscatter712 (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:17 AM Response to Reply #3 |
49. That's it basically. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:58 AM Response to Reply #49 |
51. People can spend their money if they have it. I don't know why you're |
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backscatter712 (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 07:43 AM Response to Reply #51 |
76. You'd be amazed how much credit enters the picture when you look under the hood. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 07:59 AM Response to Reply #76 |
79. if you have money in the bank & the bank hasn't failed, you can go to the bank & get it. |
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Orangepeel (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:20 AM Response to Reply #79 |
81. which may well cause a run. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:46 AM Response to Reply #81 |
86. maybe. & maybe al-qaeda will strike in la. the point stands: unless your bank is bust, |
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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 05:49 AM Response to Reply #49 |
66. So, instead of giving Treasury superhuman powers to inject the liquidity-- |
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backscatter712 (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 07:46 AM Response to Reply #66 |
77. Works for me. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 04:03 AM Response to Reply #3 |
53. No, it doesn't mean that. "Everything" didn't collapse, even in the great |
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moodforaday (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 05:30 AM Response to Reply #3 |
62. Yes, and |
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PVnRT (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 07:03 AM Response to Reply #62 |
68. Specifics have been provided, many times |
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livelongandprosper (417 posts) Send PM | Profile | Ignore | Mon Sep-29-08 07:17 AM Response to Reply #68 |
71. Which is why the markets hate it. Hong Kong fell 4.3% |
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moodforaday (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:23 AM Response to Reply #68 |
82. But credit freeze is NOT a preordained outcome |
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moodforaday (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:25 AM Response to Reply #68 |
83. ...and well, |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:50 AM Response to Reply #68 |
88. um - this government IS evil. i think that's been proven repeatedly. |
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ClayZ (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:30 AM Response to Original message |
4. The birds would still come to my bird feeder! |
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stray cat (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 05:57 AM Response to Reply #4 |
67. True - but only if you can still afford the bird feed |
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Selatius (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:33 AM Response to Original message |
5. The Great Depression was exasperated because large banks were allowed to fail. |
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cui bono (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:44 AM Response to Reply #5 |
13. While I'm sure you are exasperated, I think you meant exacerbated. |
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Kurt_and_Hunter (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:33 AM Response to Original message |
6. Here's one version (not advocated, merely offered, since you asked) |
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still_one (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:42 AM Response to Original message |
7. A liquidity crisis, and complete financial collapse |
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moodforaday (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 05:34 AM Response to Reply #7 |
63. In order to believe that |
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BigBearJohn (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:42 AM Response to Original message |
8. Thanks for all our responses. |
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liberalmuse (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:42 AM Response to Original message |
9. About the same, except... |
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BigBearJohn (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:44 AM Response to Reply #9 |
12. So, if you have $175,000 in cash in your safe at home, will you do ok? |
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dailykoff (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:46 AM Response to Reply #12 |
16. No, You will not do okay whatever happens. |
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cui bono (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:50 AM Response to Reply #16 |
22. Can you explain please? |
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dailykoff (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:52 AM Response to Reply #22 |
29. Explain what exactly? |
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cui bono (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:04 AM Response to Reply #29 |
39. Nevermind. I already saw your fucked up response to my other post. |
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dailykoff (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:06 AM Response to Reply #39 |
40. Aw, did someone's feathers get ruffled? |
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cui bono (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:08 AM Response to Reply #40 |
44. No, I just saw that any response from you is worthless. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 04:08 AM Response to Reply #16 |
57. Except plenty of people actually did do ok, even in the depression. |
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PVnRT (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 07:05 AM Response to Reply #57 |
69. Christ, is this the argument now? |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 07:49 AM Response to Reply #69 |
78. no, it's the response to folks who tell others they're NOT going to be ok |
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liberalmuse (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:51 AM Response to Reply #12 |
24. Only if you put it in tangibles... |
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CreekDog (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 04:03 AM Response to Reply #24 |
52. your plan is to make it on your own, society can fall apart but you will survive based on your wits |
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BigBearJohn (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 04:06 AM Response to Reply #52 |
55. Jeesh.... Thanks a lot. I'm just wondering if I will survive. Is that ok with you? |
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CreekDog (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 04:08 AM Response to Reply #55 |
58. your question was fine, Muse's answer had me shaking my head |
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BigBearJohn (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 04:11 AM Response to Reply #58 |
59. oh. Thanks for clearing that up. |
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galileoreloaded (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:05 AM Response to Reply #52 |
80. Good thing no one in history has ever been faced with having to fend for themselves.. |
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Mojorabbit (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:52 AM Response to Reply #12 |
50. I think to be ok in that scenario |
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cui bono (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:46 AM Response to Reply #9 |
17. Argh. I haven't read it. I stupidly believed Pelosi when she said |
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liberalmuse (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:59 AM Response to Reply #17 |
34. I downloaded it... |
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cui bono (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:00 AM Response to Reply #34 |
35. Thanks. |
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cui bono (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:43 AM Response to Original message |
10. Here's a couple links to good DU posts by HamdenRice |
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dailykoff (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:45 AM Response to Original message |
14. The wind will blow and the seventh seal of the seventh ray will |
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BigBearJohn (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:47 AM Response to Reply #14 |
18. but will the sun still come out six months from now? |
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dailykoff (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:51 AM Response to Reply #18 |
23. Only if Nancy signs the check. |
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dailykoff (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:49 AM Response to Reply #14 |
19. And by the way the "real people" scenarios being spun in this thread are BS. |
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cui bono (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:49 AM Response to Reply #19 |
20. Can you explain please? |
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dailykoff (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:52 AM Response to Reply #20 |
26. explain what? That you're still going to have to make your fucking loan payments? |
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cui bono (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:02 AM Response to Reply #26 |
37. How big of an asshole can you be? |
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dailykoff (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:03 AM Response to Reply #37 |
38. I'm not the cluck warning all the other chickens that the sky is falling. (n/t) |
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cui bono (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:06 AM Response to Reply #38 |
41. That has nothing to do with anything, especially your rudeness and inablility to express thoughts. |
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dailykoff (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:08 AM Response to Reply #41 |
45. There there. Have some corn meal. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:57 AM Response to Reply #26 |
90. good one. yes, your check won't work: you're going to have to line up for the 666 on your forehead. |
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melody (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:06 AM Response to Reply #19 |
42. Some of the greatest economists in the world can't predict what will happen |
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dailykoff (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:10 AM Response to Reply #42 |
47. I see you took me off your ignore list. |
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melody (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:42 AM Response to Reply #47 |
85. Thanks for the reminder. n/t |
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MichaelHarris (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:45 AM Response to Original message |
15. I think |
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BigBearJohn (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:50 AM Response to Reply #15 |
21. thanks for your insights |
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MichaelHarris (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:51 AM Response to Reply #21 |
25. you're welcome |
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Wetzelbill (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:52 AM Response to Original message |
27. the most frequent explanation I've heard |
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moodforaday (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 05:40 AM Response to Reply #27 |
64. This is being said but |
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scarletwoman (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:52 AM Response to Original message |
28. Think about the consequences OF passing it: |
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BigBearJohn (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:56 AM Response to Reply #28 |
31. Gee... human lemmings |
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dailykoff (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:54 AM Response to Original message |
30. ANSWER: We inflict 7 billion less debt on our children, PERIOD. |
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BigBearJohn (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:59 AM Response to Reply #30 |
33. So, are we gonna have a big bonfire or what? I'll bring the marshmallows... |
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dailykoff (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:01 AM Response to Reply #33 |
36. Oh I'll be there, tossing in the Patriot Act and the No Fly list |
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BigBearJohn (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:07 AM Response to Reply #36 |
43. Can you just picture the back rooms as the fat cats chew on their cigars having a big laugh at |
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dailykoff (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:09 AM Response to Reply #43 |
46. They've been laughing for eight years. |
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seabeyond (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 07:32 AM Response to Reply #30 |
73. but that isnt realy true either is it. there will be pay back. again another unknown how much |
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BigBearJohn (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 02:58 AM Response to Original message |
32. ...and now for a little spice thrown in -- a few words from Michael Moore on the bailout |
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cui bono (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 05:29 AM Response to Reply #32 |
61. This should be its own thread if it isn't already. n/t |
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tkmorris (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:12 AM Response to Original message |
48. No. No one knows, even those who say they do |
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BigBearJohn (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 04:04 AM Response to Reply #48 |
54. thanks |
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SmokingJacket (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 07:33 AM Response to Reply #48 |
74. Thanks for this -- it's my take as well. |
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CreekDog (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 04:07 AM Response to Original message |
56. This is a great thread overall, it's very informative(at least messages answering your question are) |
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BigBearJohn (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 04:15 AM Response to Reply #56 |
60. Quite welcome. I think it is good to discuss things. My cousins and I are very nervous about this. |
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moodforaday (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 05:44 AM Response to Original message |
65. It really depends on who you trust. |
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seabeyond (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 07:33 AM Response to Reply #65 |
75. the bitch is when you dont trust any of them. and reality, ... that is the prudent way. n/t |
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Tierra_y_Libertad (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 07:10 AM Response to Original message |
70. "There is no safety in the Cosmos" - Alan Watts |
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newportdadde (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:37 AM Response to Original message |
84. Maybe decent CD rates? Cats and dogs liviging together! Housing and stock return to real values? |
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davekriss (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:46 AM Response to Original message |
87. I think what happens is as follows.... |
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Marie26 (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:56 AM Response to Reply #87 |
89. Whoa |
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davekriss (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:54 PM Response to Reply #89 |
91. Marked to Market |
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Marie26 (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 09:14 PM Response to Reply #91 |
92. Thank you! |
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davekriss (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 08:40 AM Response to Reply #92 |
95. I usually post that one too |
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Marie26 (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 01:09 PM Response to Reply #95 |
96. I hope not |
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