We ownz a company! (country, quote, history, Inci, Washint)

~~[MERIT]~~ · 09-17-2008, 09:17 AM

So the United States Federal Reserve has decided to pay $85 BILLION of tax-payer money to bail out AIG and become their chief share-holder. Shouldn't we have had some sort of vote about this?

Brad Stengel · 09-17-2008, 10:35 AM

Nahhh, I trust the government 100% with whatever they choose to do. They clearly know whats best for us, just look at how wonderful this country is! God bless America.

~~[MERIT]~~ · 09-17-2008, 11:26 AM

You might also recall that the Federal Reserve recently "bailed" (bought) out Fannie May and Freddie Mac as well, receiving a huge amount of shares of their stock in return for the "loan", thus becoming their chief share-holders as well.

Yay, the Federal Reserve own all the loan agencies. Wait, the Federal Reserve also sets the interest rates. Uh-oh.

Brad Stengel · 09-17-2008, 11:33 AM

Thats great, I know I could never be trusted to st something so fancy and complicated as an "interest rate" (I totally failed algebra in 10th grade, LOL!) The government has all sorts of math guys and science people working for them, I just know they'll get it right. Just be thankful you dont live in France, hehehelolololol those surrenderers!.....lol!

jackhammer · 09-17-2008, 02:35 PM

Why do you have such crap names for banks in America? "where are you off to mate?, " I'm just going into the fanny"

debaserr · 09-17-2008, 04:03 PM

[IMG]http://www.history.ucsb.edu/faculty/marcuse/classes/33d/projects/media/BushHitler***********.jpg[/IMG]

~~[MERIT]~~ · 09-17-2008, 04:36 PM

Quote:

Originally Posted by jackhammer

Why do you have such crap names for banks in America? "where are you off to mate?, " I'm just going into the fanny"

Bank of America has a nice ring to it.
They coincidentally just bought out Countrywide and Merrill Lynch and now their stock is plummetting. I'll give it a month before they're bought by the Federal Reserve as well.

sleepy jack · 09-17-2008, 05:04 PM

Quote:

Originally Posted by oojay

You might also recall that the Federal Reserve recently "bailed" (bought) out Fannie May and Freddie Mac as well, receiving a huge amount of shares of their stock in return for the "loan", thus becoming their chief share-holders as well.

Yay, the Federal Reserve own all the loan agencies. Wait, the Federal Reserve also sets the interest rates. Uh-oh.

Hey hey, it wasn't a bail out. President Bush already said they don't bail out private enterprises...and later when when the government announced its looking for congressional authority for an undisclosed financial portion to guarantee Frannie May and Freddie Mac's liquidity Bush later told us, despite that sounding like a bail out it's not a bail out. It's a line of credit for these institutions if needed. So shut up oojay, it's under control and is not a bail out.

joyboyo53 · 09-17-2008, 05:29 PM

Quote:

Originally Posted by jackhammer

Why do you have such crap names for banks in America? "where are you off to mate?, " I'm just going into the fanny"

Our banks dont have weird names, those were mortgage companies... similar but not the same thing exactly. Wells Fargo, Bank of America, Washinton Mutual, JPMorgan Chase Bank, Citibank, Capitol One... they sound normal to me. All the names of Investment Banks are names though.

Surell · 09-18-2008, 12:00 AM

We should vote about this, but everyone's too hip to vote for some old **** like AIG.

09-17-2008, 09:17 AM	#1 (permalink)
~~[MERIT]~~ Account Disabled Join Date: Nov 2004 Location: Missouri, USA Posts: 4,814	We ownz a company! So the United States Federal Reserve has decided to pay $85 BILLION of tax-payer money to bail out AIG and become their chief share-holder. Shouldn't we have had some sort of vote about this?

09-17-2008, 10:35 AM	#2 (permalink)
Brad Stengel This Space for Rent Join Date: Aug 2008 Location: Boston, MA Posts: 815	Nahhh, I trust the government 100% with whatever they choose to do. They clearly know whats best for us, just look at how wonderful this country is! God bless America. __________________ These is the musics I own: http://rateyourmusic.com/collection/BradStengel/oo

09-17-2008, 11:33 AM	#4 (permalink)
Brad Stengel This Space for Rent Join Date: Aug 2008 Location: Boston, MA Posts: 815	Thats great, I know I could never be trusted to st something so fancy and complicated as an "interest rate" (I totally failed algebra in 10th grade, LOL!) The government has all sorts of math guys and science people working for them, I just know they'll get it right. Just be thankful you dont live in France, hehehelolololol those surrenderers!.....lol! __________________ These is the musics I own: http://rateyourmusic.com/collection/BradStengel/oo

09-17-2008, 02:35 PM	#5 (permalink)
jackhammer Ba and Be. Join Date: May 2007 Location: This Is England Posts: 17,331	Why do you have such crap names for banks in America? "where are you off to mate?, " I'm just going into the fanny" __________________ It be my music and film collection. “A cynic by experience, a romantic by inclination and now a hero by necessity.”

09-17-2008, 04:03 PM	#6 (permalink)
debaserr eat the masters Join Date: Aug 2008 Posts: 5,470	[IMG]http://www.history.ucsb.edu/faculty/marcuse/classes/33d/projects/media/BushHitler*********.jpg[/IMG] __________________ Last.FM**

09-17-2008, 11:26 AM	#3 (permalink)
~~[MERIT]~~ Account Disabled Join Date: Nov 2004 Location: Missouri, USA Posts: 4,814	You might also recall that the Federal Reserve recently "bailed" (bought) out Fannie May and Freddie Mac as well, receiving a huge amount of shares of their stock in return for the "loan", thus becoming their chief share-holders as well. Yay, the Federal Reserve own all the loan agencies. Wait, the Federal Reserve also sets the interest rates. Uh-oh.