Why is CNN pushing so hard for the bailout?

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  • BV
    wtf
    • Sep 2001
    • 10914

    #1

    Why is CNN pushing so hard for the bailout?

    CNN is like a Pro Bailout commercial.
  • tony299
    lurker
    • Aug 2002
    • 57021

    #2
    because if credit markets freeze we are very very fucked.

    Comment

    • TampaToker
      Confirmed User
      • May 2006
      • 5828

      #3
      Originally posted by tony404
      because if credit markets freeze we are very very fucked.
      Watch what happens in the next few days this is gonna get very ugly. As much as i would like to say fuck these guy who got us in this mess we in a fucked up way have to save them to save ourself.
      Icq 247-742-205

      Comment

      • AlienQ - BANNED FOR LIFE
        best designer on GFY
        • Mar 2003
        • 30307

        #4
        The guys that play in High Risk have to suffer the consequences not ask for more beer money.

        Comment

        • Supz
          Arthur Flegenheimer
          • Jul 2006
          • 11057

          #5
          Communist News Network

          Comment

          • TampaToker
            Confirmed User
            • May 2006
            • 5828

            #6
            Originally posted by AlienQ
            The guys that play in High Risk have to suffer the consequences not ask for more beer money.
            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 247-742-205

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            • BV
              wtf
              • Sep 2001
              • 10914

              #7
              Originally posted by tony404
              because if credit markets freeze we are very very fucked.

              well Congress disagrees with you

              Comment

              • BV
                wtf
                • Sep 2001
                • 10914

                #8
                i didn't lose any money today

                Comment

                • Supz
                  Arthur Flegenheimer
                  • Jul 2006
                  • 11057

                  #9
                  Communist News Network

                  Comment

                  • BlackCrayon
                    Too lazy to set a custom title
                    • Jun 2003
                    • 19634

                    #10
                    Originally posted by BV
                    i didn't lose any money today
                    Are you really that short sighted?
                    you don't know you're wearing a leash if you sit by the peg all day..

                    Comment

                    • stevo
                      Confirmed User
                      • Aug 2002
                      • 2051

                      #11
                      Originally posted by BV
                      CNN is like a Pro Bailout commercial.
                      Nah, Lou Dobbs has been slamming the bailout...

                      Comment

                      • MovieMaster
                        Confirmed User
                        • Apr 2003
                        • 897

                        #12
                        Gonna guess the market dips below 9000 within 2 weeks
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                        • pocketkangaroo
                          Confirmed User
                          • Jan 2005
                          • 8452

                          #13
                          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

                          • RP Fade
                            Confirmed User
                            • Sep 2003
                            • 3343

                            #14
                            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?
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                            • BV
                              wtf
                              • Sep 2001
                              • 10914

                              #15
                              Originally posted by BlackCrayon
                              Are you really that short sighted?

                              no, i'm sure this will hurt sales, but i dont live on credit, but i'm sure a large portion of pornsumers do

                              but that doesent make it right now does it?

                              Comment

                              • tony299
                                lurker
                                • Aug 2002
                                • 57021

                                #16
                                Originally posted by TampaToker
                                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....
                                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

                                • pocketkangaroo
                                  Confirmed User
                                  • Jan 2005
                                  • 8452

                                  #17
                                  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

                                  • tony299
                                    lurker
                                    • Aug 2002
                                    • 57021

                                    #18
                                    Originally posted by pocketkangaroo
                                    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.
                                    amen

                                    Comment

                                    • Defiance Inc
                                      Confirmed User
                                      • Apr 2008
                                      • 142

                                      #19
                                      "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

                                      • tony299
                                        lurker
                                        • Aug 2002
                                        • 57021

                                        #20
                                        Originally posted by Defiance Inc
                                        "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.
                                        if you were getting ready to retire that would be a very real number

                                        Comment

                                        • BV
                                          wtf
                                          • Sep 2001
                                          • 10914

                                          #21
                                          Originally posted by pocketkangaroo
                                          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.
                                          just think if everyone made decisions based on their wallet

                                          it's part of the reason were in this mess

                                          Comment

                                          • INCINERATOR
                                            Confirmed User
                                            • Feb 2006
                                            • 577

                                            #22
                                            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...

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                                            • GatorB
                                              The Demon & 12clicks
                                              • Oct 2001
                                              • 18208

                                              #23
                                              Originally posted by BV
                                              CNN is like a Pro Bailout commercial.
                                              You appearantly don't watch Lou Dobbs

                                              Comment

                                              • notoldschool
                                                Confirmed User
                                                • Aug 2007
                                                • 5687

                                                #24
                                                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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                                                • BV
                                                  wtf
                                                  • Sep 2001
                                                  • 10914

                                                  #25
                                                  Originally posted by GatorB
                                                  You appearantly don't watch Lou Dobbs

                                                  well to be honest i hardly ever watch cnn

                                                  but for some reason the past few days i have been listening to it while i work

                                                  seems like they are pushing for it pretty hard

                                                  Comment

                                                  • IllTestYourGirls
                                                    Ah My Balls
                                                    • Feb 2007
                                                    • 14311

                                                    #26
                                                    Originally posted by tony404
                                                    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?
                                                    http://www.hkex.com.hk/index.htm

                                                    any more advice?

                                                    Comment

                                                    • Noe
                                                      Confirmed User
                                                      • May 2004
                                                      • 1082

                                                      #27
                                                      Originally posted by BV
                                                      well Congress disagrees with you
                                                      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.
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                                                      • Bill8
                                                        Confirmed User
                                                        • Oct 2001
                                                        • 1901

                                                        #28
                                                        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

                                                        • Babaganoosh
                                                          ♥♥♥ Likes Hugs ♥♥♥
                                                          • Nov 2001
                                                          • 15841

                                                          #29
                                                          CNN is for it?

                                                          Lou Dobbs: Hooray for those who defeated bailout
                                                          http://www.cnn.com/2008/US/09/30/dobbs.qa/index.html
                                                          I like pie.

                                                          Comment

                                                          • dready
                                                            Confirmed User
                                                            • Oct 2002
                                                            • 5247

                                                            #30
                                                            It's crazy how hard they are pushing for it.
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                                                            • uno
                                                              RIP Dodger. BEST.CAT.EVER
                                                              • Dec 2002
                                                              • 18450

                                                              #31
                                                              Originally posted by GatorB
                                                              You appearantly don't watch Lou Dobbs
                                                              He was downright giddy yesterday. It was pretty funny. Wolf Blitzer didn't know what to say to him.
                                                              -uno
                                                              icq: 111-914
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                                                              • BV
                                                                wtf
                                                                • Sep 2001
                                                                • 10914

                                                                #32
                                                                well each news agency has to have both sides

                                                                i guess Lou Dobbs is theirs

                                                                they are really slamming Palin hard also

                                                                I just can't figure out anything anymore because I thought CNN was all about the republicans. maybe i was wrong

                                                                Comment

                                                                • xmas13
                                                                  Confirmed User
                                                                  • Dec 2004
                                                                  • 5176

                                                                  #33
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                                                                  • baddog
                                                                    So Fucking Banned
                                                                    • Apr 2001
                                                                    • 107089

                                                                    #34
                                                                    Originally posted by pocketkangaroo
                                                                    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.
                                                                    wow . . .

                                                                    Comment

                                                                    • EscortBiz
                                                                      Fuck Checks, CASH only!
                                                                      • May 2002
                                                                      • 19422

                                                                      #35
                                                                      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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                                                                      • Hank_Heartland
                                                                        Confirmed User
                                                                        • Sep 2002
                                                                        • 3987

                                                                        #36
                                                                        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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                                                                        • seeandsee
                                                                          Check SIG!
                                                                          • Mar 2006
                                                                          • 50945

                                                                          #37
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                                                                          • Useless Warrior
                                                                            Confirmed User
                                                                            • Apr 2004
                                                                            • 978

                                                                            #38
                                                                            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.
                                                                            OWAMW

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                                                                            • Fletch XXX
                                                                              GFY HALL OF FAME DAMMIT!!!
                                                                              • Jan 2002
                                                                              • 60840

                                                                              #39
                                                                              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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                                                                              • Useless Warrior
                                                                                Confirmed User
                                                                                • Apr 2004
                                                                                • 978

                                                                                #40
                                                                                Originally posted by EscortBiz
                                                                                ...but at the same time we need to know exactly who will oversee this cash.
                                                                                If you're looking for volunteers: I'll do it.
                                                                                OWAMW

                                                                                Comment

                                                                                • Slick
                                                                                  Confirmed User
                                                                                  • Feb 2001
                                                                                  • 7338

                                                                                  #41
                                                                                  I know it shouldn't be us taxpayers to bailout, HOWEVER, I'd rather have my money going to something like this than sending it overseas like most of our taxpayer money goes

                                                                                  Comment

                                                                                  • SCORE Ralph
                                                                                    Confirmed User
                                                                                    • Mar 2003
                                                                                    • 2090

                                                                                    #42
                                                                                    Originally posted by stevo
                                                                                    Nah, Lou Dobbs has been slamming the bailout...
                                                                                    Lou Dobbs slams everything.
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