Who should we bail out? - DFWstangs Forums
 
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post #1 of 12 (permalink) Old 07-11-2008, 10:57 PM Thread Starter
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Who should we bail out?

Quote:
As politicians call for taxpayer bailouts and a government takeover of troubled mortgage lenders Freddie Mac and Fannie Mae, FreedomWorks would like to point out that a bailout is a transfer of possibly hundreds of billions of U.S. tax dollars to sophisticated investors and governments overseas.
The top five foreign holders of Freddie and Fannie long-term debt are China, Japan, the Cayman Islands, Luxembourg, and Belgium. In total foreign investors hold over $1.3 trillion in these agency bonds, according to the U.S. Treasury's most recent "Report on Foreign Portfolio Holdings of U.S. Securities."
http://www.marketwatch.com/news/stor...2%7D&dist=hppr

Lets send $Trillion to other countries.
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post #2 of 12 (permalink) Old 07-11-2008, 11:09 PM
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I don't know if it's just me, but I see these Chicken little "The sky is falling" as a very large part of the problems for these entities.

It wasn't until the call in of 1.3+ Billion of liquidity because of one of these "The sky is falling" articles did IndyMac fall on it's face.

The media screws the market as much as anyone these days

--wes
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post #3 of 12 (permalink) Old 07-11-2008, 11:12 PM
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True. Control the media, control the world.
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post #4 of 12 (permalink) Old 07-11-2008, 11:19 PM Thread Starter
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post #5 of 12 (permalink) Old 07-11-2008, 11:25 PM
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Quote:
Originally Posted by TexasDevilDog
Probably the jews.
Urban legend. I wish, though.
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post #6 of 12 (permalink) Old 07-11-2008, 11:26 PM
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Quote:
Originally Posted by wesman
I don't know if it's just me, but I see these Chicken little "The sky is falling" as a very large part of the problems for these entities.

It wasn't until the call in of 1.3+ Billion of liquidity because of one of these "The sky is falling" articles did IndyMac fall on it's face.

The media screws the market as much as anyone these days

--wes
apparently chucky schumer started the run on indymac with comments he made in some letters and stuff that IM needed to be looked at very carefully because he thought they might be in trouble. Word got out and that started the run. Schumer is of course not taking any blame, despicable piece of crap person that he is.
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post #7 of 12 (permalink) Old 07-11-2008, 11:28 PM
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Quote:
Originally Posted by wesman
I don't know if it's just me, but I see these Chicken little "The sky is falling" as a very large part of the problems for these entities.

It wasn't until the call in of 1.3+ Billion of liquidity because of one of these "The sky is falling" articles did IndyMac fall on it's face.

The media screws the market as much as anyone these days

--wes
Media can't fuck with balance sheets. Do your own research.
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post #8 of 12 (permalink) Old 07-11-2008, 11:29 PM
Lifer
 
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Quote:
Originally Posted by Denny
True. Control the media, control the world.
Understatement of the fucking century...

CANADIANS = DOUCHERS

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post #9 of 12 (permalink) Old 07-12-2008, 12:12 AM
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Quote:
Originally Posted by Denny
True. Control the media, control the world.
Only because you listen to it.
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post #10 of 12 (permalink) Old 07-12-2008, 12:37 AM
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Quote:
Originally Posted by 01WhiteCobra
Only because you listen to it.
You, as in the world.
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post #11 of 12 (permalink) Old 07-12-2008, 06:47 AM
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Quote:
Originally Posted by Denny
Urban legend. I wish, though.

You seriously wish for the whole 'end of times' thing to come about, don't you? Why?
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post #12 of 12 (permalink) Old 07-12-2008, 08:14 AM
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Originally Posted by Fox466
You seriously wish for the whole 'end of times' thing to come about, don't you? Why?
No. I know that there are signs indicating the coming of the Last Days, but I don't believe in the end of the world. It will just be a different world than we know it. I know what to expect and I try as well as I can to prepare and inform others. That is all.
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