jmmx

Paulson/Bernanke: $700 Billion at 'Hold to Maturity' Pricing

LISTEN TO THIS:

audio.thisamericanlife...

Welcome to the Republican Recession folks.

Remember: the government does not have any money - so all we do is replace private il-liquidity with a greater public illiquidity. Now where will all that money come from? A combination of Saudi Arabia, China, the the US Gvt Printing Office. USA has now become a third world nation.

Thanks Mr. Bush! Waht a patriot.

Hey guys we tried to tell you 8 years ago that he ran his damn oil company into the ground, is it such a surprise he did the same to the country?

Now What for Apple Investors?

hehehe
hahaha
pobrecito

Now What for Apple Investors?

John

i agree with most of what you say. I think the really salient point here is how he "...borrowed heavily to cover over the bad economic fundamentals "

Ironically, he did what a lot of homeowners have done. He ran the country into a credit hole. And kept borrowing to cover it up. He always thought that things would get better tomorrow, and by giving tax rebates we could spend our way back into "prosperity."

This might have been more successful if the Iraq war was not also creating such a huge deficit. They seem to have forgotten that the reason that conservative USED TO abhor the deficits was that it takes money out of the economy that might be used for investment and growth. So, his tax rebates might have helped give a shot in the arm, but like meth - when the jolt was over we were left in worse situation then we started. To this Bush replied - just like the junkie - with a run for another "fix." At this point, crisis was inevitable,and his motto should have been "Apres moi la deluge!"

He might have gotten away with this until he was out of office, except for the mortgage crisis. The sad thing is that this was totally avoidable. All he had to do was listen to people who were warning about the situation. If he did not believe the early warnings, he could have gone down onto the streets to find out. But of course he ignored it all. That is why I like to say that he sacrificed common sense on the altar of deregulation. (Exactly what Reagan did that created the S+L crisis and bailout. Why do they never learn?)

This leads to the real problem of the Republicans and why they cannot lead the country - they always lead us into one disaster after another. This is:
--- They always put ideology before reality.

And so they live in this fantasy world divorced from reality. This leads to thinking like:
1-- Hussein is a bad guy so we can get rid of him even if we have to lie to the American people to get them to go along with the invasion.
PLUS
2-- We are so all powerful that we will immediately crush them and they will be so grateful that they will love us, and the oil will be flowing agin in 6 months to pay us back, and I will be remembered as the great hero.

That was such a piece of Pollyanna fantasy that I can't believe that anyone could have believed it. So here we are $1 Trillion in the hole, for what?
----

NOW what does this all have to do with Apple? Just look at the price.

Now What for Apple Investors?

pathetic dude - pathetic.

now your political arguments are reduced to calling names based on absolutely no evidence. That is why we laugh at people like you.

Now What for Apple Investors?

reagan

if you don't wanna discuss it - then shut up. We will all appreciate relief from your idiocy.

This mortgage meltdown has happened 7 years into the Bush administration and you STILL trying to blame the Dems????

LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL
LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL
LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL

Since you wanna get personal and insulting here - you are pathetic dude!

Now What for Apple Investors?

BRAVO John D!

Now What for Apple Investors?

@ reagan

Well - for once we agree :)

You said:
"This economy is going to be so bleak that retailers are going to go bonkers when they see how terrible their sales numbers are going to be."

Now who has been running the economy for the last 8 years? Who deregulated the mortgage industry? Who spent $1 Trillion on a totally unnecessary war? So who do we have to thank for this Recession? The Republicans.

As for Brandon -
The terms "Neos, conservatives and repubs" are merely descriptive terms that people are usually willing to take on themselves (as I am happy to admit that I am a registered Democrat).

Your use of Socialist however was meant in a derogatory sense as a slur that basically has no meaning (basically anyone that Rush Limbaugh does not like). You are like reagan, when presented with rational arguments, you always reply with derogatory epithets, as if they are supposed to have any meaning. Simply put - you say "If you cannot disagree on a rational bases, then slur them with nasty names! Then you can ignore the point they are trying to make."

That is the Republican way. (And part of the reason we are in this mess!)