u are stupid
craigzter
10+ year member
erm..hello.
i agree, this world is a near complete shithole. And its steadily falling further and further each and every day.
- Thread Starter
- #4
just because I speak of things that our above your comprehension level doesn't mean that I am stupid. //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif that just means that you fail at life, or maybe your parents fail at raising a child that has practially no knowledge of anything.
I am hoping the AIG bailout makes me $$$$$.
u know nothing about how our countries economy runs.......
so shut up, i bet i know infinitely more about this stuff than you do.
you posting this thread stating what you said makes you blatantly ignorant
let me break it down
nah ur not worth the time
maybe you can ask an economist why they bailed them out too but im not gonna explain it to you
so shut up, i bet i know infinitely more about this stuff than you do.
you posting this thread stating what you said makes you blatantly ignorant
let me break it down
nah ur not worth the time
maybe you can ask an economist why they bailed them out too but im not gonna explain it to you
- Thread Starter
- #7
well lets see.
first, I never claimed that I knew jack shit about how the economy runs. I also stated that "IMO" which is just that, an oppinion. So your an 18 year old jitter bug that thinks he knows infinitly more about this situation? then school us please.
- Thread Starter
- #8
lol, Ive been watching our TSP drop a shit load. //content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif thats ok though I wont be dipping in that for quite some time.
maybe the u are stupid comment was too harsh.
its just that your opinion of "IMO its not the governments job to be bailing people out of situations like this. thats not whta they are supposed to be there for." is people have been saying and it gets aggravating.
the fact of the matter is that multinational corps like fannie and freddy and AIG are so huge and so intertwined in our economy and how our country runs, that together they have assets of over 7 trillion dollars (and liabilities). these companys technically own a majority of land here, and control the mortgage markets, property markets, insurance compensation funds, soooo much shit that if they fail, we basically fail. and everything thats based on their mechanisms plummets and FAILLSSSSSS
- Thread Starter
- #10
ignorant becaue I dont think that our government was established for this sort of reason? to bail people out of there own fuck ups? They're trying to do everything they can to make it so we dont go into a reccesion (as if we arent in one now) but they are just making things worse in the long run.
So what happends if say we bounce back from this reccesion? what do the companys owe the governtment? now iirc doesnt the gov. own like 90% of these companys or at leats AIG?
Wo0t sig
mannyb18b
Banned
True about fannie and freddie, but, the government is still pretty much just pressing that "print" button. And of course that leads to inflation...which we are experiencing right now.
But now fannie and freddie are about to go away, lol. There symbol will most likely disappear here shortly, and in a way the gov. is going to take over fannie mae
But now fannie and freddie are about to go away, lol. There symbol will most likely disappear here shortly, and in a way the gov. is going to take over fannie mae
mannyb18b
Banned
remember...it's an election year.
it was the only choice that was rational. one of the governments roles is to protect its citizens and this bailout was one of those actions.
if it makes you feel any better, AIG is getting a hugely interested loan, that in the long run will feed the fed treasury quite nicely
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