Comments on: Fed Takes Radical Step To Unthaw Credit
Will Buy Unsecured Short-Term Debts So Large Companies Can Resume Borrowing
- It''s time for an EMERGENCY ORDER to SHUT DOWN THE FED.
It''s time for a MORATORIUM ON GOVERNMENT INTERVENTION into the disaster that, well, THEY CREATED.
Let all businesses fail. Shut down the economy. Let the fat cats SUCK EGGS.
We ordinary folks were going to go broke anyway.
LET''S LET THE FAT CATS JOIN US IN THE SOUP LINES, instead of us standing there without them. - Reply to this comment
- Has anyone noticed that these fat-cat bailouts keep getting BIGGER AND BIGGER and MORE AND MORE OFTEN?????
This is like the day the dam burst. It started with a trickle of only a few tens of billions of dollars in a month. Now it''s A TRILLION DOLLARS A DAY.
THIS *IS* THE DAY THE DAM BURST. - Reply to this comment
- "the Fed announced Monday it will provide as much as $900 billion in cash loans to squeezed banks. "
In case you missed it, that said
THE FED WILL PROVIDE UP TO
NINE
HUNDRED
BILLION
DOLLARS
in short-term debt.
Yes, that''s
NINE
HUNDRED
BILLION
DOLLARS
Didn''t we just write a check for $700 billion which grew to $850 billion just yesterday???
And now they''re coming back for $900 BILLION in fast-lane unsecured untrackable shell games with NINE HUNDRED BILLION DOLLARS
aww SHUCKS let''s just call it an EVEN TRILLION and have it done with.
HOW MUCH WILL THEY WANT TOMORROW - $2 TRILLION? $5 TRILLION???
HOW MUCH OF OUR MONEY WILL BE REAL MONEY ANYMORE and how much will be imaginary money issued on the spot by the Fed in response to an "emergency??"
HEY, GUESS WHAT. The Fed abruptly releasing TRILLIONS OF DOLLARS OF IMAGINARY MONEY in less than a week
THAT *IS* AN EMERGENCY!!!!!! - Reply to this comment
- At this rate, why not just close up all the banks and let Uncle Sam become everyone''s bank? Cut out the middleman skimming millions of taxpayer dollars!
- Reply to this comment
- CBS Editorial Staff - Obviously, you failed basic grammar and vocabulary. "Unthaw"??? Are you kidding me? Unthaw technically means "to freeze". The proper title to the piece should have used the word "Thaw". For pity''s sake! My dog can write better copy than this! No wonder we''re raising a nation of morons!
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- OMG I totally did not see this coming. Who would have imagined the banks would ask for more money except this time they do not call it a bailout. Listen I loaned some money to my deadbeat brother in law, could I get in on this? The bankers just play and play we just pay and pay. I am tired of this game.
- Reply to this comment
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