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Message

re: Subprime is over.

Posted on 6/12/09 at 6:10 am to
Posted by LSURussian
Member since Feb 2005
126965 posts
Posted on 6/12/09 at 6:10 am to
I have no idea. Anyone who tells you differently is just guessing.
Posted by Rivers
Florida
Member since Nov 2008
3256 posts
Posted on 6/12/09 at 6:49 am to

quote:

As I've written many times, my biggest fear that this recession will be worse than it has to be comes from Obama's policies: cap and tax, protectionism, unfettered unionization and not allowing companies which should fail to fail.


Does your response mean that you think capitalisim should have been allowed to take it's natural course from the beginning of the current economic crisis? Should the large banks, insurers, vehicle companies, etc, been allowed to fail with no creative accounting changes, government interventions?
Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 6/12/09 at 8:44 am to
Of course not.

Bush bailouts == Good
Obama bailouts == Bad
Posted by LSURussian
Member since Feb 2005
126965 posts
Posted on 6/12/09 at 8:56 am to
Still bleeding, Colonel?
Posted by Rivers
Florida
Member since Nov 2008
3256 posts
Posted on 6/12/09 at 10:16 am to

Why don't you do something that you may be qualified to handle?...like look up the definition of plagarisim?

Never mind, I have done it for you: from Wiki...

quote:

Plagiarism
From Wikipedia, the free encyclopedia
Jump to: navigation, search
For other uses, see Plagiarism (disambiguation).
Plagiarism, as defined in the 1995 Random House Compact Unabridged Dictionary, is the "use or close imitation of the language and thoughts of another author and the representation of them as one's own original work."[1]


Though I seldom see links accompanying your posts the majority of my posts do contain links. If I wanted to plagarize material from another source, I would not include links.

LINK

You, on the other hand, being a prolific fountain of original thought, seldom use links.


Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 6/12/09 at 12:24 pm to
no, it's scabbed over, remember?
Posted by LSURussian
Member since Feb 2005
126965 posts
Posted on 6/12/09 at 8:50 pm to
Oh yeah, I forgot.

ETA: Did I ever support the Bush bailouts of the UAW via GM and Chrysler? I don't think I did. In fact, I recall being strongly against it. Remember?
This post was edited on 6/12/09 at 8:55 pm
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 6/13/09 at 12:17 am to
Subprime Bloodletting Continues at Fitch [LINK]
Posted by LeonPhelps
Member since May 2008
8185 posts
Posted on 6/13/09 at 2:54 pm to
Colonel, how do you feel about the Prime mortgages that are going bad that people have not been factoring into the bubble and the commercial/construction loan sector?
Posted by ChuckDockery
NOLA
Member since Jan 2005
3088 posts
Posted on 6/13/09 at 4:26 pm to
Another serious wave of Alt-A AND pRIME DEFAULTS OR ON THE HORIZON.
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