THE BORE

General => The Superdeep Borehole => Topic started by: y2kev on October 03, 2008, 01:47:07 PM

Title: Gentlemen, NOW we have a bailout!
Post by: y2kev on October 03, 2008, 01:47:07 PM
We're saved!!! I just got approved for a credit card AND a home mortgage all at once!

GOD BLESS AMERICA
Title: Re: Gentlemen, NOW we have a bailout!
Post by: Bocsius on October 03, 2008, 01:50:21 PM
What am I going to do with all of this Campbell's Soup?
Title: Re: Gentlemen, NOW we have a bailout!
Post by: Olivia Wilde Homo on October 03, 2008, 01:55:57 PM
I expect McCain to spin this as his victory
Title: Re: Gentlemen, NOW we have a bailout!
Post by: Flannel Boy on October 03, 2008, 01:58:53 PM


And what of the banner?

(http://www.evilbore.com/forum/Themes/dilbermc/images/lightnavy/logo.jpg)
Title: Re: Gentlemen, NOW we have a bailout!
Post by: recursivelyenumerable on October 03, 2008, 01:59:49 PM
Quote
And what of the banner?

keep.  this won't fix shit, it'll just hold things off for a little while
Title: Re: Gentlemen, NOW we have a bailout!
Post by: y2kev on October 03, 2008, 02:03:51 PM
hopefully 20 years when i have made my fortune and moved to aruba
Title: Re: Gentlemen, NOW we have a bailout!
Post by: Van Cruncheon on October 03, 2008, 02:05:33 PM
let's collectively get a mortgage and buy a PARTY MANSION!!! together, we can be approved for at least $800K on uninsured sub-prime lending dollars! ROCK!!!
Title: Re: Gentlemen, NOW we have a bailout!
Post by: patrickula on October 03, 2008, 02:05:39 PM
Did anything actually make this bill better than the earlier one that failed, or is it really all about the pork?  :-\
Title: Re: Gentlemen, NOW we have a bailout!
Post by: Van Cruncheon on October 03, 2008, 02:06:52 PM
yeah, for what it's worth, we're still fucked, with credit lines frozen, unemployment rates rising, consumer spending in the shitter, and a total lack of liquidity. it's gonna be one fuck of a recession!
Title: Re: Gentlemen, NOW we have a bailout!
Post by: TakingBackSunday on October 03, 2008, 02:08:19 PM
Quote from: patrickula on October 03, 2008, 02:05:39 PM
Did anything actually make this bill better than the earlier one that failed, or is it really all about the pork?  :-\

From what I've read, no.  This bill is actually worse than the one that failed.
Title: Re: Gentlemen, NOW we have a bailout!
Post by: recursivelyenumerable on October 03, 2008, 02:09:14 PM
Quote
Did anything actually make this bill better than the earlier one that failed, or is it really all about the pork?  Undecided

my superficially informed impression is that it's actually worse, the main change being more lamebrained shit to appease deranged House Republicans.  
Title: Re: Gentlemen, NOW we have a bailout!
Post by: y2kev on October 03, 2008, 02:09:54 PM
credit will flow free like ambrosia on mount olympus or like garbage from a ninthing's mouth

really, banks will just need to take approximately 40-500 zillion more in write downs. all the banks can take that hit easily.
Title: Re: Gentlemen, NOW we have a bailout!
Post by: CajoleJuice on October 03, 2008, 02:15:45 PM
i saw a bunch of AIG documents at work today

i lol'ed
Title: Re: Gentlemen, NOW we have a bailout!
Post by: Smooth Groove on October 03, 2008, 02:17:48 PM
Quote from: Professor Prole on October 03, 2008, 02:05:33 PM
let's collectively get a mortgage and but a PARTY MANSION!!! together, we can be approved for at least $800K on uninsured sub-prime lending dollars! ROCK!!!

That's an awesome idea.  Think of the roster of pornstars and softcore actresses we can hire with our combined salaries.  I'll provide the viagra, Tauntaun the toys, PD the BBC and TVC the video. 
Title: Re: Gentlemen, NOW we have a bailout!
Post by: Bocsius on October 03, 2008, 02:20:03 PM
Quote from: BrandNew on October 03, 2008, 02:08:19 PM
Quote from: patrickula on October 03, 2008, 02:05:39 PM
Did anything actually make this bill better than the earlier one that failed, or is it really all about the pork?  :-\

From what I've read, no.  This bill is actually worse than the one that failed.

...And I'm proud to be an American, where at least I know I'm free...

 :american :american :american :american :american :american :american :american
Title: Re: Gentlemen, NOW we have a bailout!
Post by: Smooth Groove on October 03, 2008, 02:25:37 PM
It just occurred to me we could be tax-free if we make our mansion a place of worship.  Our religion will be neo-hedonism. 
Title: Re: Gentlemen, NOW we have a bailout!
Post by: ShogunOfFear on October 03, 2008, 02:26:23 PM
This is such bullshit and a shame.  >:(  Our leaders just sold us out for good ol salty pork!  Fucking tax cuts for race tracks, wool research, wooden arrows, $478 million in incentives for filmmakers, are you fucking kidding me?   :maf   :usacry

Oh well I hear Costa Rica is nice, time to google some property.

spoiler (click to show/hide)
Bob Barr 2008 for me I guess  :-\
[close]

EDIT:   :o might was well pass a few more bail outs.
http://www.cnn.com/2008/POLITICS/10/03/california.loan/index.html
Title: Re: Gentlemen, NOW we have a bailout!
Post by: Brehvolution on October 03, 2008, 02:49:12 PM
Quote from: Smooth Groove on October 03, 2008, 02:25:37 PM
It just occurred to me we could be tax-free if we make our mansion a place of worship.  Our religion will be neo-hedonism. 

:bow
Title: Re: Gentlemen, NOW we have a bailout!
Post by: TakingBackSunday on October 03, 2008, 02:58:16 PM
Quote
Bob Barr 2008 for me I guess 

Well you're stupid.
Title: Re: Gentlemen, NOW we have a bailout!
Post by: Bocsius on October 03, 2008, 02:58:43 PM
The stock market is a trip. It lost 777 points Monday when the resolution did not pass. It was up 200+ points today on the hopes that it would pass, and when it did... the stock market naturally gave back all of the day's gains and is at the moment barely in positive territory.
Title: Re: Gentlemen, NOW we have a bailout!
Post by: patrickula on October 03, 2008, 03:05:48 PM
This sucks :gloomy

I've been reading Greenwald columns and this one does a pretty good job addressing defenders of the Paulson plan: http://www.salon.com/opinion/greenwald/2008/10/01/pearlstein/index.html

Some action was needed but this is not satisfactory at all.  Too late now I guess :'(
Title: Re: Gentlemen, NOW we have a bailout!
Post by: ShogunOfFear on October 03, 2008, 03:06:33 PM
Quote from: BrandNew on October 03, 2008, 02:58:16 PM
Quote
Bob Barr 2008 for me I guess 

Well you're stupid.
No U
Title: Re: Gentlemen, NOW we have a bailout!
Post by: BlueTsunami on October 03, 2008, 06:45:01 PM
I woke up this morning, turned on the news and saw that Arnold is asking for 7 Billion. Its like a charity drive now  :'(
Title: Re: Gentlemen, NOW we have a bailout!
Post by: muckhole on October 03, 2008, 06:49:17 PM
Quote from: Smooth Groove on October 03, 2008, 02:17:48 PM
Quote from: Professor Prole on October 03, 2008, 02:05:33 PM
let's collectively get a mortgage and but a PARTY MANSION!!! together, we can be approved for at least $800K on uninsured sub-prime lending dollars! ROCK!!!

That's an awesome idea.  Think of the roster of pornstars and softcore actresses we can hire with our combined salaries.  I'll provide the viagra, Tauntaun the toys, PD the BBC and TVC the video. 

Where do I send my $20 CDN?

This may put a crimp in my depression-era attempt at reviving vaudeville comedy.
Title: Re: Gentlemen, NOW we have a bailout!
Post by: Cormacaroni on October 03, 2008, 08:59:55 PM
The pork in this plan is quite simply astonishing. Is there any precedent for this? Every Senate lifer has just had their prayers answered. Tax breaks for makers of wooden arrows for toy bows? WHAT THE FUCK
Title: Re: Gentlemen, NOW we have a bailout!
Post by: drozmight on October 03, 2008, 09:02:29 PM
Bush should Veto it, citing his reason as, "Just kidding.  Just wanted to see if you'd all do it."
Title: Re: Gentlemen, NOW we have a bailout!
Post by: TVC15 on October 03, 2008, 10:22:37 PM
Quote from: Spencer on October 03, 2008, 09:25:27 PM
did the FDIC increase get in there?

Yes, from 100k to 250k