CNN is like a Pro Bailout commercial.
Why is CNN pushing so hard for the bailout?
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The guys that play in High Risk have to suffer the consequences not ask for more beer money.

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yeah but you forgot this didn't just effect them this effected everyone with 401k plans and so on. I think it was 1.2 trillion lost today alone. Watch what happens the next 48 hours....Icq 247-742-205Comment
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If anything, CNN would not want the bailout. Financial collapse = mega ratings. I just think they have experts on their who realize the severity of the situation.Comment
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Dunno what to think any more. Part of me thinks to lettem go down in flames and let the market fix itself while the other thinks that we're handcuffed to someone who fucked us and we're on a sinking boat, do we not take the lifeline to safety just out of principle?HomemadeCash.com - Homemade & GF sites powered by NScash.com
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People really dont understand that. The overseas markets are tanking tomorrow is going to be a bloodbath. My father is a retired banker and as conservative as you can get. He said if this doesnt go thru to unfreeze the credit markets we can be looking at a very serious recession like we havent seen before.
Is it very fucked up but we are in the shit now. Do people really want to lose everything to say I was right?Comment
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If you are someone in this industry that makes income from people plugging in their credit cards into a website, you should be for this bailout. The credit crunch is real bad, just look at the swaps. No one besides the most amazing credit scores will get credit cards. Those may even have lowered limits. The fewer people with credit cards and credit available, the less money you make.
You might be against the bailout based on morals, but based on your own pocketbook, you should be for it.Comment
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amenIf you are someone in this industry that makes income from people plugging in their credit cards into a website, you should be for this bailout. The credit crunch is real bad, just look at the swaps. No one besides the most amazing credit scores will get credit cards. Those may even have lowered limits. The fewer people with credit cards and credit available, the less money you make.
You might be against the bailout based on morals, but based on your own pocketbook, you should be for it.
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"I think it was 1.2 trillion lost today alone."
It was false wealth. Money that was printed, stolen or manipulated. The
market is correcting itself. They just want to hype the 1.2 figure to get
you to approve the bailout. That way Paulson can have his power, the
rich get their money and we get a huge tax increase via inflation.Comment
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if you were getting ready to retire that would be a very real number"I think it was 1.2 trillion lost today alone."
It was false wealth. Money that was printed, stolen or manipulated. The
market is correcting itself. They just want to hype the 1.2 figure to get
you to approve the bailout. That way Paulson can have his power, the
rich get their money and we get a huge tax increase via inflation.Comment
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just think if everyone made decisions based on their walletIf you are someone in this industry that makes income from people plugging in their credit cards into a website, you should be for this bailout. The credit crunch is real bad, just look at the swaps. No one besides the most amazing credit scores will get credit cards. Those may even have lowered limits. The fewer people with credit cards and credit available, the less money you make.
You might be against the bailout based on morals, but based on your own pocketbook, you should be for it.
it's part of the reason were in this messComment
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ok, good for the "Pro Bailout" and if this gets approved and make things worse?? who's gonna pay than?
and really CNN does push it too hard...Comment
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I think a ton of webmasters are seeing a nice drop in sales and are totally confused about which side of the fence they should be on.
No doubt one may quote history to support any cause, as the devil quotes scripture.
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http://www.hkex.com.hk/index.htmPeople really dont understand that. The overseas markets are tanking tomorrow is going to be a bloodbath. My father is a retired banker and as conservative as you can get. He said if this doesnt go thru to unfreeze the credit markets we can be looking at a very serious recession like we havent seen before.
Is it very fucked up but we are in the shit now. Do people really want to lose everything to say I was right?



any more advice?

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Those idiots care more about their own political careers than anything else, I've never been so disgusted by Congress as I was when watching them reject the bill and then blame eachother for being a bunch of fucknuts in endless new conferences.Comment
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It's called "Interlocking boards of directors".
The same rich families own ALL the corporations, and the coporations are the ficticious persons that made this problem happen, and will profit from the bailout.
All the major news corporations are in bed with the other corporations that will be paid the taxpayer money. It's all the same system, and all the same families and courtiers of those families.
Interlocking boards of directors is biz-speak for it.Comment
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CNN is for it?
Lou Dobbs: Hooray for those who defeated bailout
http://www.cnn.com/2008/US/09/30/dobbs.qa/index.htmlI like pie.Comment
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If credit markets freeze it will be a disaster but at the same time we need to know exactly who will oversee this cash.
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I have a real problem with looking at only "one" option presented by the people who got us in this mess in the 1st place...something is wrong with this picture
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I watched CNBC for the better part of yesterday. All drama - not much substance. Many experts they interviewed would say how important this bailout deal is, but then would go on to say that it's just as likely to not make an effect at all. Several others said that the market should be left alone to run its natural course, knowing that the credit contraction will harm small-to-mid size businesses in the short term.
This is part of Capitalism. The good with the bad.Comment
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not hard to figure out, i bet you their biggest advertisers are VISA and the like...
how many times you see a financial institution related ad on CNN, and theres your answer...
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