Posted by henleyoc on 29th of Sep 2008 at 09:05 pm
crazy...
One solution being floated in the Senate, however, might work
precisely because there would be no real winners. The Senate, where
the bill has more support among Republicans than in the House,
would take the lead and attach the bill to a resolution that
continues to fund the federal government through the election. That
is a measure members have a hard time voting against, and if the
Senate then adjourns, the House would pretty much be forced to
swallow the Senate's single bill. House members would then be
forced to vote for or against the budget along with the bailout,
giving them a measure of political cover. In the end such an
approach may be the only viable way out of a fine mess that has
left markets reeling, the economy on the brink of collapse and
Washington looking once again like the dysfunctional place that
both Barack Obama and John McCain have pledged to change.
Posted by henleyoc on 29th of Sep 2008 at 03:50 pm
we shall see if the republicans are still elected when the
economy grinds to a halt. voters won't care less about whether or
not they voted for or against the bailout
Posted by henleyoc on 26th of Sep 2008 at 10:43 am
For what its worth, I think the bailout is the wrong solution
though. Better would be to use $700b to buy every single house
currently in mortgage default in the US as at 5:00pm on 26
September 2008 thereby clearing the mortgages and then rent
the houses back to the occupiers at reduced rent. Then in a few
years offer the current occupiers a stepped buy-back plan.
Its a better solution because it purges the US of crap mortgages
completely, helps clear the housing overhang and helps keep people
in their houses.
Posted by henleyoc on 26th of Sep 2008 at 10:16 am
bloody moron. next president should impose a poll tax of
$2200 in florida for every adult voter to pay for the bailout,
because of their stupid actions, america had to have
Posted by henleyoc on 26th of Sep 2008 at 08:19 am
This crisis presents a STRONG ARGUMENT for every country to have
at least one retail bank that is owned by the national
government. This used to be the case in the UK and
commonwealth countries. If this was the case, other banks
would also need to compete on safety of deposits.
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crazy... One solution being floated in
Posted by henleyoc on 29th of Sep 2008 at 09:05 pm
crazy...
One solution being floated in the Senate, however, might work precisely because there would be no real winners. The Senate, where the bill has more support among Republicans than in the House, would take the lead and attach the bill to a resolution that continues to fund the federal government through the election. That is a measure members have a hard time voting against, and if the Senate then adjourns, the House would pretty much be forced to swallow the Senate's single bill. House members would then be forced to vote for or against the budget along with the bailout, giving them a measure of political cover. In the end such an approach may be the only viable way out of a fine mess that has left markets reeling, the economy on the brink of collapse and Washington looking once again like the dysfunctional place that both Barack Obama and John McCain have pledged to change.
http://www.time.com/time/nation/article/0,8599,1844732,00.html?xid=feed-cnn-topics&iref=werecommend
we shall see if the
Bush
Posted by henleyoc on 29th of Sep 2008 at 03:50 pm
we shall see if the republicans are still elected when the economy grinds to a halt. voters won't care less about whether or not they voted for or against the bailout
pls explain 2.5b cash
apei-continues to act wll-banks bbt strong,pbct acting well-sitting on 2.5 ...
Posted by henleyoc on 29th of Sep 2008 at 11:57 am
pls explain 2.5b cash
a better solution
Posted by henleyoc on 26th of Sep 2008 at 10:43 am
For what its worth, I think the bailout is the wrong solution though. Better would be to use $700b to buy every single house currently in mortgage default in the US as at 5:00pm on 26 September 2008 thereby clearing the mortgages and then rent the houses back to the occupiers at reduced rent. Then in a few years offer the current occupiers a stepped buy-back plan.
Its a better solution because it purges the US of crap mortgages completely, helps clear the housing overhang and helps keep people in their houses.
bloody moron. next president should
Bush speech pretty short but says "No disagreement to get ...
Posted by henleyoc on 26th of Sep 2008 at 10:16 am
bloody moron. next president should impose a poll tax of $2200 in florida for every adult voter to pay for the bailout, because of their stupid actions, america had to have
they will drop the target
Whoo Hoo!! up 90 points already taken a third here.
Posted by henleyoc on 26th of Sep 2008 at 10:02 am
they will drop the target rate by 100bp if they have to. credit market is f*R£($**$ today.
If you want to short,
WB
Posted by henleyoc on 26th of Sep 2008 at 09:19 am
If you want to short, sell a call and buy a put at the same value - effectively a futures contract
This crisis presents a STRONG
A fed president contradicts his boss! Wow. Fed's Fisher Says Bank Rescue Plan ...
Posted by henleyoc on 26th of Sep 2008 at 08:19 am
This crisis presents a STRONG ARGUMENT for every country to have at least one retail bank that is owned by the national government. This used to be the case in the UK and commonwealth countries. If this was the case, other banks would also need to compete on safety of deposits.