See: The "No-Bailout" Bailout
Yeah, I AM TIRED of being LIED TO by STINK ELITE RICHERS!! EAT the fuckers!!!!!!!!!!!!
"The immediate costs of bailout plan; Pessimism rules the day on world markets" by Steven Syre, Globe Columnist | September 23, 2008
Investors who had the weekend to think over Washington's $700 billion financial bailout plan came back to work worried yesterday. The stock market sank, the dollar fell hard, and commodity prices moved higher. Taken together, the world's markets were painting a pessimistic picture.
A simple reality seemed to set in: $700 billion really is a lot of money. Especially when you don't have it. Of course, there is no shortage of unknowns when it comes to the bailout plan.
No one knows how much money the government will actually draw down in its efforts to reestablish securities markets connected to home loans, or how much it will ultimately recoup.
See: Fed Bailout LIMITLESS!!!!!!
The real price tag is anyone's guess. But many fear it will be very large and the government will have to come up with a huge amount of money to invest in the short term. Big deficit spending is usually a reliable way to jack up inflation and hurt the value of the dollar. But other investors are unconvinced prices will head higher in this case.
That is where we are headed, folks, and nothing in the world can stop it.
They fucked this system up so much!!!!
"In the short term, I'm hard pressed to see how this is inflationary," says Ken Taubes, head of US portfolio management at Pioneer Investments in Boston. "A credit crisis of this magnitude is quite disinflationary, if not deflationary. Asset value is being destroyed and lending isn't happening."
Think I am going to believe a lying economic puke who has been wrong the whole time?
One bad day in the markets isn't the end of the world, especially after investors had reacted so bullishly immediately after the government bailout plan emerged.
Tell it to the Feds, butt-head!
And WTF?
Word of the bailout drove markets up, and then the leaking of the plan drove them down? Or is this just more market manipulation to ram through Bush's FASCIST bailout?
I think INVESTORS are WAKING UP to the ABSOLUTE BANKRUPTCY of the U.S., folks!!!!
But anxiety over the plan's vast unknowns and the real danger involved are nothing to shrug off.
And the American public aren't; they are MADDER than HELL because I talked to a few people at the corner store today.
They are AGAINST the Wall Street bailout and madder than hell at this lying, looting government!!!!
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