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Old 09-29-2008, 12:38 PM   #1
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Default The "Bailout" will pass:

I'm watching the vote right now. This bill will pass even though the great majority of the American people do not want it. Democracy? My ass!
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Old 09-29-2008, 12:44 PM   #2
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Default Re: The "Bailout" will pass:

My faith in democracy has been restored. Good job by the republican house members!
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Old 09-29-2008, 12:45 PM   #3
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Default Re: The "Bailout" will pass:

Looks like it's a loser as of right now.
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"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him."
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Old 09-29-2008, 12:46 PM   #4
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Default Re: The "Bailout" will pass:

Bread or Freedom ?
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Old 09-29-2008, 12:50 PM   #5
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Default Re: The "Bailout" will pass:

Right, the majority of Americans don't want it - but they're also clueless about the repercussions. I guess we'll find out now . . . .
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Old 09-29-2008, 12:55 PM   #6
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Default Re: The "Bailout" will pass:

Don't believe the hype BF. Recessions are inevitable, we will survive this. Putting it off only makes things worse in the long run.
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Old 09-29-2008, 12:58 PM   #7
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Default Re: The "Bailout" will pass:

Quote:
Originally Posted by Mossed81 View Post
Don't believe the hype BF. Recessions are inevitable, we will survive this. Putting it off only makes things worse in the long run.
Maybe the hype is overblown - I'm not saying it's not. What I am saying, though, is opinion polls are useless as those giving the opinion have no clue about macro economics. It's like Belichick calling plays based on a Gillette Stadium vote; the people think they know but they don't.
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Old 09-29-2008, 01:03 PM   #8
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Default Re: The "Bailout" will pass:

Quote:
Originally Posted by Mossed81 View Post
Don't believe the hype BF. Recessions are inevitable, we will survive this. Putting it off only makes things worse in the long run.
I would put my faith in the veracity of your forecasts, however your last one 17 minutes ago sucked an egg.
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Old 09-29-2008, 01:06 PM   #9
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Default Re: The "Bailout" will pass:

Good job, the first sane responsible move in YEARS.

A bailout would just give the remaining rich time to get out, before it all collapsed for good.

You all have to understand a major recession is inevitable, the question is do you want to put it off and suffer way more pain, or take less pain right now.
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Old 09-29-2008, 01:06 PM   #10
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Default Re: The "Bailout" will pass:

Quote:
Originally Posted by BelichickFan View Post
Maybe the hype is overblown - I'm not saying it's not. What I am saying, though, is opinion polls are useless as those giving the opinion have no clue about macro economics. It's like Belichick calling plays based on a Gillette Stadium vote; the people think they know but they don't.
I agree with your reasoning 100%. A poll is useless if people don't fully understand what the issue is. If what I've been reading is correct, then a failure to pass some for of legislation that provides some cash to the banking system, then a run could occur. If that happens, then we could be in some very serious trouble. The ramifications of multiple bank failures, could be catostrophic. Let's hope the dangers have been overblown.
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