Comments on: Will U.S really face financial armageddon without bailout?

By: john

john — Thu, 02 Oct 2008 05:06:55 +0000

It’s such a self-fulfilling prophecy. All the doom and gloom and it causes the panic. What I would like to see is one of the candidates step up and tell us how he is going to pay not only for the bailout but for whatever it takes to get us to a balanced budget. It’s either raise taxes, cut programs or both.

By: jennifer

jennifer — Mon, 29 Sep 2008 16:55:32 +0000

Thanks for the Kiplinger site. I’m afraid that I really do need a timeline to help explain how exactly we got here!

By: IrishLamnt (aka NOVL Lament)

IrishLamnt (aka NOVL Lament) — Sun, 28 Sep 2008 09:22:08 +0000

You write some powerful stuff. But, then, you always did even way back when in AIN. I can’t say that I agree with all of it but I can say that you’ve given me a lot to think about. Thanks, NOVL Write.

By: TDavid

TDavid — Fri, 26 Sep 2008 19:54:37 +0000

Now the debate is on for tonight with Obama and McCain:
http://www.usatoday.com/news/politics/election2008/2008-09-26-debate_N.htm

Good. Can’t help making the comparison this whole debate-or-not-gate has been like something leading up to a WWF match. Just get in and get it on.

By: Chipping the web: September 26th -- Chip’s Quips

Chipping the web: September 26th -- Chip’s Quips — Fri, 26 Sep 2008 18:01:53 +0000

[…] Will U.S really face financial armageddon without bailout?Makes you go "Hmm"Tags: tdavid bailout economy […]

By: ^Lestat

^Lestat — Fri, 26 Sep 2008 17:38:50 +0000

This is the first thing I’ve read that makes any sense(http://www.daveramsey.com/etc/fed_bailout/economic_cleanup_10887.htmlc). It’s less expensive, and holds their feet to the fire. Apparently this is one of the options on the table - and WE HAVEN’T HEARD ABOUT IT.

By: Sterling Camden

Sterling Camden — Fri, 26 Sep 2008 17:21:55 +0000

Yeah, McCain can’t be looking forward to Palin going up against Biden. He will politely make her look pretty stupid, I’m betting.

I liked Obama’s response: “A president needs to be able to do more than one thing at a time.”

By: darkmoon

darkmoon — Fri, 26 Sep 2008 17:10:04 +0000

Yup. me too. Have… err.. HAD a bit in there. Stupid. And as a shareholder, I STILL think the government needs to stick their $700 billion plan where the sun don’t shine. A bunch of …. I’ll stop now, before I have a hernia from all the expletives that I’d like to say. Truth be told, I have no faith in the government’s decision making from this point on. Maybe I’ll feel better after some gin and tonic, but I doubt it.

By: TDavid

TDavid — Fri, 26 Sep 2008 17:07:00 +0000

Thanks for the kind words Chris and Natalie. Hope you’ll stick around and join in a few more conversations.

Sterling - Kara’s mom has a bunch of money in WaMu, but we don’t have any accounts there. As a gamble, Kara did buy a little bit of stock there a couple days ago in our ongoing stock competition. Off to the total loss column on that one. She’s still doing a lot better in the market with her investments than I am though.

Despite being a tough investment market over the last 13 or so month and personally losing money, I still very much don’t want this bailout to go through.

And as for the debates, now McCain is talking about postponing the **VP** debates? Lame. Let the debates go on!

By: Sterling Camden

Sterling Camden — Fri, 26 Sep 2008 16:48:29 +0000

So TD, do you have any money in Wamu? We just have a small personal checking account, and they’re saying that deposits should be safe. But I’m glad I’m not a stockholder!