Can't make this up.

[tocco05]

In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy. "It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."


http://www.forbes.com/businessinthe...ongress-biz-beltway-cx_jz_bw_0923bailout.html

 

[horns2695]

Are you watching Glenn Beck Tocco?
Just saw this on that show.

 

[tocco05]

Are you watching Glenn Beck Tocco?
Just saw this on that show.

Yes I am watching Glenn Beck. They were just talking about this.

I saw this at Redstate.
Our gov. is so fucked up. It really is sad and depressing.

 

[horns2695]

It is completely messed up. Peter Schiff is fantastic and knows what the hell he is talking about.

 

[tocco05]

It is completely messed up. Peter Schiff is fantastic and knows what the hell he is talking about.

Peter Schiff does seem to know what he is talking about. I think he was a economic advisor to Ron Paul. I think Ron Paul would have been the best guy to handle this mess we are in.

This country is gonna have some tough times ahead. People are gonna have to really start becoming more frugal. The dys of easy credit and buying whatever the fuck they want are over.

 

[horns2695]

Yes he was Ron Pauls advisor. I started listening to dave ramsey about 3 years ago. It has put me in a much better position today.

 

[Dave007inVegas]

This country is gonna have some tough times ahead. People are gonna have to really start becoming more frugal. The dys of easy credit and buying whatever the fuck they want are over.

It’s a shame it had to come to this. But maybe there’s a silver lining in that not only will the government have to become physically responsible but so will it citizens.

 

[tocco05]

It’s a shame it had to come to this. But maybe there’s a silver lining in that not only will the government have to become physically responsible but so will it citizens.

I agree. Back to the days of living within your means. No more of trying to keep up with the Jones's and no more believing that it is a right to buy a home even if you can't afford one, among other things. I see all these people on welfare with cell phones with gold chains hanging around their necks and diamond earrings, and at the liquor store buying all their Malt Liquor and Hennesy and I think, wow, I guess the economy isn't that bad. But then I turn on the news and it's the end of the world. I guess for some people times are tough, but for some other people either they don't give a shit, or they are just too fucking stupid.