The fact that I can’t answer the question clearly after being told by everyone that the world was imploding is irksome. Either this financial crisis bad but we’ll make it, or it’s bad and it’s going to suck the economy……

The same people who told us for years that Fannie and Freddie are fine are now telling us we have to do this bailout? I’m willing to accept that a broken clock is correct twice a day, but I’m thinking this isn’t that time of day.

On September 30th, 2008 at 12:24 am, emjem24

this what the nationalreview is doing too…

The Republican opponents marshaled arguments that ordinarily would win us over, for instance, about the plan representing “the slippery slope to socialism.” But we believe these arguments fall down in the current crisis. If

and the market is up 190 or so…thats why I stopped subscribing to them long ago…after buckley retired the ‘moderate’ conservatives took over….

Glad I’m not the only one that saw that interview and felt she was an idiot …

I guess we now know someone who was apparently heavily investing in all that demonized speculation in oil and other risky futures …

I lost 3.4% of value on my retirement investments … Not ever fun but not ready to jump off any bridges either … it will be recovered …

My reaction to Ms. Casone was an email to O’Reilly’s show saying don’t bother ever having her on again because she is a condescending twit … and I will change the channel if she comes on my TV screen …

On September 29th, 2008 at 9:01 pm, bansharia said:

Mookie,
As the son/daughter of your folks it is YOUR job to hekp advise them financially. Seems you chose not to.

Presume much?

bansharia,

It’s easy to talk like that when you don’t have a dog in the fight. People like Mookie’s parents and my own plan out their 401k investments so they provide a return to supplement Social Security. Moving this to Treasury Bills is fine to say, but doesn’t provide the income necessary to cover the bills.
That’s not to say this is a permanent situation. The market will rebound. It’s just that it’s a bit stressful until it does. Calling someone a bad son because they’re concerned for their parents isn’t taking a conservative stance, it’s just mean.

On September 29th, 2008 at 9:01 pm, bansharia said:

Mookie,
As the son/daughter of your folks it is YOUR job to hekp advise them financially. Seems you chose not to.

Presume much?

This woman, who I’ve lost all respect for, kept on blathering away about how this wasn’t a bailout and that we’re in a credit/liquidity crisis (pick one already) and that the market needs “emergency funds.” She then added that Main Street will regret their not supporting the bailout when they see how the Dow tanked today and it hits people’s retirements HARD.

Hellllooooo, Cheryl!!! Wake up, woman!!! My retirement has taken hits before, especially with the turbulence in 2007, so I diversified. People are selling off worthless stock and I don’t blame them. I’d actually wait to sell high, but there aren’t many financially educated Americans to know that without broker backing.

She then went on to claim that Wall Street= Main Street because 50% of Americans (the other guest said 2/3 of Americans so which is it?) invests in the market. Shareholders want accountability just like taxpayers want accountability. I’m one of those shareholders. I’m not buying into her argument and if she thinks that this bailout is gonna work I want some proof. NOW!!! You hear me, Cheryl?

CUT THE CRAP ALREADY!!! I’m tired of these people telling me how to feel about something that stinks to high heaven. I want a bill to pass but not this craptastic version. I’m not stupid and neither are a lot of Americans. Congress was about to fleece taxpayers and we knew it and we fought back.

I don’t think it’s quite time for a run on the banks yet….