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Some Wall St noob:
the government was stepping up not just to help the major financial firms but also to protect the interests of American taxpayers and families by safeguarding their pensions and college savings

Comedy gold.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Sat Sep 20th, 2008 at 06:57:38 AM EST
[ Parent ]
Both of which could be protected much more easily if the government provided better retirement benefits through social security, and effectively funded higher education.
by Zwackus on Sat Sep 20th, 2008 at 07:35:39 AM EST
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Question for the financial mavens:

Stock markets around the world are "soaring" according to Sat. A.M. news reports, meaning ?

a. US taxpayers are becoming debt slaves

b. The end of the US Empire

c. The vultures are circling the half-dead corpse

d. Give your own interpretation.

They tried to assimilate me. They failed.

by THE Twank (yatta blah blah @ blah.com) on Sat Sep 20th, 2008 at 07:55:36 AM EST
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Also, a MSNBC bimbo just asked if there is anything that could knock the economy out of the #1 news slot?

My answer: Of course.  If the Repubs/McCain ACTUALLY want to win this election (I'm not convinced they do), just let (ANOTHER) 9/11 happen in the US, a nuclear one would be sweet.  Then watch all of the US pussies fall in line.  Bye-bye Obama.

They tried to assimilate me. They failed.

by THE Twank (yatta blah blah @ blah.com) on Sat Sep 20th, 2008 at 08:13:35 AM EST
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Sure, nuking Iran.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Carrie (migeru at eurotrib dot com) on Sat Sep 20th, 2008 at 09:10:27 AM EST
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The "threats" are coming in.  Accept whatever the big-boys come up with or we could see a DEPRESSION with 12% (or higher ?) unemployment; reported 6% now.

So SHUT UP AMERICAN AND BEND OVER!!!

They tried to assimilate me. They failed.

by THE Twank (yatta blah blah @ blah.com) on Sat Sep 20th, 2008 at 08:21:31 AM EST
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OK, now a Wall Street Journal half-wit on CSPAN Washington Journal says that the US could have a $1 trillion budget deficit next year.

Consequences (of even saying it)?

They tried to assimilate me. They failed.

by THE Twank (yatta blah blah @ blah.com) on Sat Sep 20th, 2008 at 08:54:58 AM EST
[ Parent ]
The government's action just seeded yet another mini-bubble. We'll see how long it lasts.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Carrie (migeru at eurotrib dot com) on Sat Sep 20th, 2008 at 09:10:06 AM EST
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