feuosma

原帖由 Triangel 於 2008-10-3 01:02 AM 發表


過到又死， 唔過又死

點解???你意思係個數仍然唔夠照???

好耐冇同你講過野.....

不過要訓.....

Lee3

原帖由 feuosma 於 2008-10-3 12:46 AM 發表


Lee3大....你意思係就算今次過到參議院...但係跟住一樣都會過唔到眾議院???

I wish. If the House rejects it, it will be for the best, but I thought the House votes first, then goes to the Senate.
quote: http://english.hotnews.ro/stiri- ... -final-decision.htm

It contains two provisions favored by House Republicans: One raises thelimit on federal bank-deposit insurance; the other reiterates theauthority of securities regulators to suspend asset-valuing rules thatcorporate executives blame for fueling the crisis"

Tax provisions in the new version of the plan are expected to win thenecessary votes in the House of Representatives, several politiciansdeclared for the US media and the international press agencies.



In laymen terms, the amount they insure is higher, but most people don't have that much in the bank. The other gives power to the government, power the federal reserve already has.

Basically it's pork. A 700 billion dollar pork barrel.

Triangel

Dow falls 348 as investors worry that the House won't approve the $700B plan.
"There's still concern about whether or not the House will pass the bill and even if they do, whether it will be effective," said Ron Kiddoo, chief investment officer at Cozad Asset Management.

"When you restrict credit, you restrict the ability of commerce to grow to its potential," said Gus Scacco

"Banks have a limited amount of capital to dole out, so even if you are a company that is seeing decent growth, you are probably having a hard time getting a loan," he said.

The higher bank lending rates directly impact consumers too, he said, making it hard to get auto loans, or loans for a mortgage or tuition. Credit card companies are approving less people or trimming lines of credit, leaving individuals with less buying power. Consumer spending fuels two-thirds of economic growth.

Bailout: The core of the bill allows the Treasury Department to buy $700 billion in bad mortgage assets from banks, to be held and eventually sold off if and when the market improves. Ideally, with cleaner balance sheets, banks would start lending to each other again, loosening up the nearly frozen credit markets.

Lee3

原帖由 Triangel 於 2008-10-3 04:50 AM 發表
Dow falls 348 as investors worry that the House won't approve the $700B plan.
"There's still concern about whether or not the House will pass the bill and even if they do, whether it will be effective ...

and there is NOTHING on returning the money. Hence the biggest problem. Notice that everyone the report quotes work at high managerial positions. The bailout is intended to give these fkfaces a lot of free money from the government. These people are the same people who got the US and the REST OF THE WORLD in this financial crisis. The people who support the bill ARE THESE FKFACES' FRIENDS. That is why you DO NOT VOTE FOR THIS BILL.

Triangel

原帖由 Lee3 於 2008-10-3 05:48 AM 發表


and there is NOTHING on returning the money. Hence the biggest problem. Notice that everyone the report quotes work at high managerial positions. The bailout is intended to give these fkfaces a lot  ...

I can't agree more with your point;
However, nobody on earth has such a big bullet that can halt the crisis except from US Government.
AIG has vanished, and so do many of the banks next door to you will follow.  uc davis will have "Zero" budget for the scholarship.  Students like me have no money to eat in school cafe and cafe owner can't borrow money for the bank and .  
Worst, some freshman can't borrow school loan anymore and want to keep their life style, they might start considering PT dancing at night and weekend.

Lee3

原帖由 Triangel 於 2008-10-3 06:27 AM 發表


I can't agree more with your point;
However, nobody on earth has such a big bullet that can halt the crisis except from US Government.
AIG has vanished, and so do many of the banks next ...

http://www.spikedhumor.com/articles/165008/Tax-Wealthy-to-Pay-For-Bailout.html

that guy has the balls.

I've been reading the news like a hound. The House will MOST LIKELY pass it. The future is doomed.

Triangel

10,607.34       |      ↑124.49  

Lee3

原帖由 Triangel 於 2008-10-3 10:09 PM 發表
10,607.34       |      ↑124.49   

the market is rising because people are going "hey, this is a good buying time", not just people here in the US, but people all around the world. The world is one big international market, what happens here affects the world, just as something in the HK market affects the US. This is why we do not need the 700 billion bill, we need to STOP printing more money, we need to STOP devaluing the dollar, the world WANTS to BUY. The last time someone printed out so much money, devalued their money so much, was Japan. They brought down the entire continent of Asia.

Triangel

$700B bailout passes
President Bush poised to quickly sign historic $700 billion plan into law.



Woman, 90, shoots self inside foreclosed home
.... telling her story. "This bill fails to address the fact that millions of homeowners are facing foreclosure, are facing the loss of their home. This bill will take care of Wall Street, and the market may go up for a few days, but democracy is going downhill."

[ 本帖最後由 Triangel 於 2008-10-4 02:43 AM 編輯 ]

Lee3

原帖由 Triangel 於 2008-10-4 02:24 AM 發表
$700B bailout passes
President Bush poised to quickly sign historic $700 billion plan into law.



Woman, 90, shoots self inside foreclosed home
.... telling her story. "This bill fails to a ...

That is the root inherent problem OF THIS BILL. THIS IS WHY IT WAS IT WAS BLOCKED IN THE FIRST PLACE.

THE GOVERNMENT IS OUT TO DESTROY ALL NORMAL AMERICANS, BOTH MCCAIN AND OBAMA APPROVED OF IT. AND WE EXPECT THOSE TWO TO LEAD THE COUNTRY? TO WHAT, INEVITABLE DESTRUCTION?