Here comes the TRILLION DOLLAR Wall Street BAILOUT for EVERYONE...ABSOLUTE BULLSHIT!

[AlwayzRight]

What do the people who do the RIGHT thing get? Wheres our incentive for not being fucking stupid? All of these fuckers on Wall Street are going to get bailed out....ALL of the them.

This trillion dollar bailout that will be introduced is ABSOLUTE FUCKING BULLSHIT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[eek.]

London up 8% so far.

Once it sinks in over the weekend things could be pretty bonkers next week.

 

[eek.]

partytime


<TABLE class=storycontent cellSpacing=0 cellPadding=0><TBODY><TR><TD colSpan=2>Russian stock exchanges suspended


</TD></TR><TR><TD class=storybody><!-- S BO --><!-- S IIMA --><TABLE cellSpacing=0 cellPadding=0 width=226 align=right border=0><TBODY><TR><TD>

Financial markets in Moscow have collapsed since the highs of May

</TD></TR></TBODY></TABLE><!-- E IIMA --><!-- S SF -->
Russia's two leading stock exchanges have been suspended automatically for a second time in several hours after share prices again rose too sharply.
Trading was halted on the RTS and Micex indexes within an hour of opening. They then reopened only to close again after rising to 25.4% and 20.2% respectively.
The indexes were suspended on Thursday after huge falls, prompting the state to pump billions of dollars into banks.
Markets in Asia also rallied strongly after news of a US rescue plan emerged. <!-- E SF -->On Thursday, US officials said they were negotiating with Congress on a comprehensive plan to rid banks of the bad debts that are at the "root" of the devastating global financial crisis. Afterwards, both Republicans and Democrats suggested an agreement was close.
</TD></TR></TBODY></TABLE>
http://news.bbc.co.uk/1/hi/business/7624802.stm

 

[AlwayzRight]

partytime


<TABLE class=storycontent cellSpacing=0 cellPadding=0><TBODY><TR><TD colSpan=2>Russian stock exchanges suspended



</TD></TR><TR><TD class=storybody><!-- S BO --><!-- S IIMA --><TABLE cellSpacing=0 cellPadding=0 width=226 align=right border=0><TBODY><TR><TD>

Financial markets in Moscow have collapsed since the highs of May


</TD></TR></TBODY></TABLE><!-- E IIMA --><!-- S SF -->
Russia's two leading stock exchanges have been suspended automatically for a second time in several hours after share prices again rose too sharply.
Trading was halted on the RTS and Micex indexes within an hour of opening. They then reopened only to close again after rising to 25.4% and 20.2% respectively.
The indexes were suspended on Thursday after huge falls, prompting the state to pump billions of dollars into banks.
Markets in Asia also rallied strongly after news of a US rescue plan emerged. <!-- E SF -->On Thursday, US officials said they were negotiating with Congress on a comprehensive plan to rid banks of the bad debts that are at the "root" of the devastating global financial crisis. Afterwards, both Republicans and Democrats suggested an agreement was close.

</TD></TR></TBODY></TABLE>
http://news.bbc.co.uk/1/hi/business/7624802.stm

So whats next???????????

 

[billhill999]

What do the people who do the RIGHT thing get? Wheres our incentive for not being fucking stupid? All of these fuckers on Wall Street are going to get bailed out....ALL of the them.

This trillion dollar bailout that will be introduced is ABSOLUTE FUCKING BULLSHIT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

SO what would you do?
I mean besides posting 'look at me, I am an attention whore' threads about it.

What are your answers.

 

[DarrylParsons]

I am totally amazed at what this market is doing. Gov't and Fed intervene to the tune of $200 bn and then $85 bn and market tanks big time, then we're talking a trillion or more and it goes up?

Is it just a case of buy the rumor sell the news? :think2:

How on earth can government intervention be anything but bad for the economy?

I am totally confused here, as my net worth takes daily swings of 10%, most of it being in precious metals. I'm also surprised at myself since these fluctuations should bother me but strangely they don't. It all seems surreal, like a sneak preview of a suspense thriller.

 

[AlwayzRight]

SO what would you do?
I mean besides posting 'look at me, I am an attention whore' threads about it.

What are your answers.

You do THIS......

http://www.youtube.com/watch?v=KX9r-L1gKQc

 

[cincy_]

SO what would you do?
I mean besides posting 'look at me, I am an attention whore' threads about it.

What are your answers.

That's the same rationale the Democrats used when they wanted to keep welfare.

"If you know that the only way a mother can feed her little baby girl is through her welfare check, what you do? Let the baby die?
​

I supported getting rid of welfare, and I don't want this welfare check handed out either. I would let them fail ... it might hurt in the short term ... whoopie ... but that is how a FREE market is supposed to operate.

As it is now, the messsage is simple:

If you made a profit, keep it ... if you took a hit, send us the bill.
​

 

[DarrylParsons]

Just thought of something ...

When these smaller bailouts were announced, the market spiked up about 1% simply from the increase in money supply. It was just a straight valuation adjustment. Then, after investors had time to evaluate the implications and react accordingly, we saw the big flight to quality and the market went down 5-10%.

If this liquidity injection is so huge as to cause a 5-10% valuation spike, what will the reaction look like? OUCH! I think I'm going to go short the S&P today after it spikes up predictably in the morning.

 

[billhill999]

That's the same rationale the Democrats used when they wanted to keep welfare.

"If you know that the only way a mother can feed her little baby girl is through her welfare check, what you do? Let the baby die?​

I supported getting rid of welfare, and I don't want this welfare check handed out either. I would let them fail ... it might hurt in the short term ... whoopie ... but that is how a FREE market is supposed to operate.


As it is now, the messsage is simple:

If you made a profit, keep it ... if you took a hit, send us the bill.​

But the democrats will never eliminate welfare.
If they did that, they lose all those minority votes.

 

[DarrylParsons]

But the democrats will never eliminate welfare.
If they did that, they lose all those minority votes.

Not to mention disrupting the earth's orbit. It would be like zebras no longer having stripes, leopards no longer having spots, etc.

 

[cincy_]

But the democrats will never eliminate welfare.
If they did that, they lose all those minority votes.

I agree ... but what's your point? You asked about the bailout of Wall Street.

 

[Buster]

I agree ... but what's your point? You asked about the bailout of Wall Street.

maybe he is saying that congress is controlled by democrats?

WASHINGTON - Congress promised quick action on a plan to buy up toxic assets, such as bad mortgages, held by troubled banks and other institutions, hoping to lift the nation out of its worst financial crisis in decades.

http://www.msnbc.msn.com/id/26787984/

 

[AlwayzRight]

Everyone say goodbye to the dollar.

 

[cincy_]

maybe he is saying that congress is controlled by democrats?

WASHINGTON - Congress promised quick action on a plan to buy up toxic assets, such as bad mortgages, held by troubled banks and other institutions, hoping to lift the nation out of its worst financial crisis in decades.

http://www.msnbc.msn.com/id/26787984/

No ... Congress is controlled by lobbyists and Wall Street.

Who the fuck cares about parties???? They're all the same ... I saw Jim Boner standing right there with Pelosi ... and Paulson is coming up with the plan ... this isn't about parties. This is corruption on the grandest scale.

 

[AlwayzRight]

Just thought of something ...

When these smaller bailouts were announced, the market spiked up about 1% simply from the increase in money supply. It was just a straight valuation adjustment. Then, after investors had time to evaluate the implications and react accordingly, we saw the big flight to quality and the market went down 5-10%.

If this liquidity injection is so huge as to cause a 5-10% valuation spike, what will the reaction look like? OUCH! I think I'm going to go short the S&P today after it spikes up predictably in the morning.

scary

 

[Buster]

No ... Congress is controlled by lobbyists and Wall Street.

Who the fuck cares about parties???? They're all the same ...

i would have never thought that considering what i read on here everyday...


carry on

 

[cincy_]

i would have never thought that considering what i read on here everyday...


carry on

Huh? whatever ....

PS: Would you post another MSNBC link that nobody will click on? Please.

 

[D2bets]

So who bails out the government when it goes bankrupt?

 

[DarrylParsons]

Everyone say goodbye to the dollar.

That's what I was thinking too but strangely the dollar is holding its own right now. Only explanation I can think of is that Euro banks and investment houses are buying up dollars for some reason unrelated to this thing. I saw someting on CNBC to this effect. They need to acquire US assets to get liquidity somehow apparently. In other words, the dollar would've gone up huge without this bailout news and now it's just holding steady.

Just a theory. I'm not following the Euro stuff too closely. Can't think of any other reason why the dollar isn't tanking big time.