Comments on: Treasury Head Unveils Revised Bailout Plan
Paulson Says Troubled Assets Will Not Be Purchased; Renewed Focus On Consumer Credit
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- Buy, Buy, BUY!
If the market hasn''t hit bottom yet, it''s very, very CLOSE! In the next few weeks, I expect a MONSTER rally that could send the Dow skyrocketing 3,000 points or more!
You could make some of the biggest, fastest profits of your investing career simply by buying now and you should do so very quickly.
I expect stocks could SOAR as much as 50% in the coming months as the global bailout of the world''s banks finally gains traction.
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- Amazing to see how the back paddling is starting already. Today the banks, tomorrow the auto industry. What''''s next? Target? Walmart? If Joe Self Employed runs his business into the ground because of poor decision no one gives a rats ars. The creditors run him down like a criminal until he/she declares bankruptcy. So why should we bail out GM, Ford etc.? They were ignorant enough not to develop better quality and more fuel efficient cars. Instead they were pushing the Yukon%u2019s Suburban%u2019s and so on. Shame on them. I say let them burn. It%u2019s not our responsibility. Tell the UAW to chuff it and adjust to the competitive market. If they cannot do this. Too bad. The tax payer should not carry the burden of their incompetence. Up until now this was a free enterprise. Once the democrats bail them out we have socialism. Vive la France.
Posted by HK4U at 09:02 PM : Nov 12, 2008
You know, you almost had me agreeing with you....until the end, the part where you are blaming the democrats only for this bailout! My representative voted against this bailout, and he is a Democrat! Did any of your representatives or senators have the balls to vote against the financial bailout? - Reply to this comment
- It''''s pretty clear this is nothing but a massive wealth transfer from Main Street to Wall Street and the big banks, sort of trickle up economics. They couldn''''t get cheap capital by privatizing Social Security so they''''re going this route. These financial gurus could care less about the average Joe (and I don''''t mean that faux plumber) or businesses that actually produce things. They (the Wall Street financiers and big banks) just want all our (working and middle class) money.
Posted by doclaw99 at 07:42 PM : Nov 12, 2008
You are probably correct. When I was involved with Wall Street, that was the mindset for many of the participants. Those with integrity and honesty have become very rare, or simply left Wall Street, because they lost their stomach for the ruthlessness! And, now we are viewing the reward for those who stayed!! Simple!! - Reply to this comment
- Its'''' a last payoff to Bushit''''s Billionaires. With Phil Gramm''''s help, they''''ll move their assets to Cayman Islands tax shelters. And then Paulson will get a nice, cushy retirement.
Posted by johnbrown888 at 08:02 PM : Nov 12, 2008
HA! You think it will END THERE????
What do you think will happen in the future when our government OWNS STOCK in the businesses it REGULATES???
You''re a smart businessman. Wouldn''t YOU like the government to own stock in a business you owned? If your business loses money, SO DOES THE GOVERNMENT...
Get the picture?
The title of this picture is CONFLICT OF INTEREST. Or should we just call it NATIONALIZATION when the government buys a controlling interest in a business. - Reply to this comment
- Taxes are going to be going way up to pay for all this, no way around it.
Posted by tmn123 at 06:29 PM : Nov 12, 2008
Sell Alaska and include its "Hot Air"... - Reply to this comment
- Bailout money is probably going to the politicians somehow. Why else do they want more?
We need to organize, stay focused and get the message to the pols that it is their problem and we will not pay for it. It is so easy for them to spend our money.
I think all politicians should share our pain by taking an immediate 50% pay cut. Don''''''''t want to, then quit. In addition they should set up a bailout corp., put all their life savings in it and lend it to the auto companies. - Reply to this comment
- What congress has allowed to be done is no less than Treason.And they know it.
- Reply to this comment
- It''s pretty clear this is nothing but a massive wealth transfer from Main Street to Wall Street and the big banks, sort of trickle up economics. They couldn''t get cheap capital by privatizing Social Security so they''re going this route. These financial gurus could care less about the average Joe (and I don''t mean that faux plumber) or businesses that actually produce things. They (the Wall Street financiers and big banks) just want all our (working and middle class) money.
- Reply to this comment
- Our arguing is exactly what they want. Divide and conquer, and there is no denying this nation has been divided.
Posted by ddaryl1 at 04:29 PM : Nov 12, 2008
This is EXACTLY what I''ve been saying.
Now WHO said "Bush is Hitler???"
And who BELIEVED IT??? - Reply to this comment
- Americans need to march on Washington and completely encircle the halls of congress with about 20 million mad Americans,and demand that they all step down.
Posted by tincup356 at 06:23 PM : Nov 12, 2008
Does anyone know where to find about 20 million torches and rusty pitchforks? FAST??? - Reply to this comment
International recording artist Shakira on love, career and more.
