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-   -   Why is CNN pushing so hard for the bailout? (https://gfy.com/showthread.php?t=858419)

BV 09-29-2008 08:26 PM

Why is CNN pushing so hard for the bailout?
 
CNN is like a Pro Bailout commercial.

tony286 09-29-2008 08:38 PM

because if credit markets freeze we are very very fucked.

TampaToker 09-29-2008 08:40 PM

Quote:

Originally Posted by tony404 (Post 14831231)
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. :mad:

AlienQ - BANNED FOR LIFE 09-29-2008 08:52 PM

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

Supz 09-29-2008 08:58 PM

Communist News Network

TampaToker 09-29-2008 08:58 PM

Quote:

Originally Posted by AlienQ (Post 14831369)
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....

BV 09-29-2008 08:58 PM

Quote:

Originally Posted by tony404 (Post 14831231)
because if credit markets freeze we are very very fucked.


well Congress disagrees with you

BV 09-29-2008 09:03 PM

i didn't lose any money today

Supz 09-29-2008 09:04 PM

Communist News Network

BlackCrayon 09-29-2008 09:16 PM

Quote:

Originally Posted by BV (Post 14831455)
i didn't lose any money today

Are you really that short sighted?

stevo 09-29-2008 09:24 PM

Quote:

Originally Posted by BV (Post 14831099)
CNN is like a Pro Bailout commercial.

Nah, Lou Dobbs has been slamming the bailout...

MovieMaster 09-29-2008 09:51 PM

Gonna guess the market dips below 9000 within 2 weeks

pocketkangaroo 09-29-2008 09:53 PM

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.

RP Fade 09-29-2008 09:55 PM

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?

BV 09-29-2008 09:56 PM

Quote:

Originally Posted by BlackCrayon (Post 14831555)
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?

tony286 09-29-2008 09:57 PM

Quote:

Originally Posted by TampaToker (Post 14831416)
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?

pocketkangaroo 09-29-2008 09:59 PM

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.

tony286 09-29-2008 10:01 PM

Quote:

Originally Posted by pocketkangaroo (Post 14831812)
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 :thumbsup

Defiance Inc 09-29-2008 10:01 PM

"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.

tony286 09-29-2008 10:02 PM

Quote:

Originally Posted by Defiance Inc (Post 14831818)
"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

BV 09-29-2008 11:34 PM

Quote:

Originally Posted by pocketkangaroo (Post 14831812)
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

INCINERATOR 09-30-2008 04:46 PM

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...

GatorB 09-30-2008 04:47 PM

Quote:

Originally Posted by BV (Post 14831099)
CNN is like a Pro Bailout commercial.

You appearantly don't watch Lou Dobbs

notoldschool 09-30-2008 04:50 PM

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. :2 cents:

BV 09-30-2008 05:52 PM

Quote:

Originally Posted by GatorB (Post 14836528)
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

IllTestYourGirls 09-30-2008 05:56 PM

Quote:

Originally Posted by tony404 (Post 14831806)
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

:1orglaugh:1orglaugh:1orglaugh:1orglaugh any more advice?

Noe 09-30-2008 06:10 PM

Quote:

Originally Posted by BV (Post 14831425)
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.

Bill8 09-30-2008 07:04 PM

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.

Babaganoosh 09-30-2008 07:17 PM

CNN is for it?

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

dready 09-30-2008 07:22 PM

It's crazy how hard they are pushing for it.

uno 09-30-2008 07:27 PM

Quote:

Originally Posted by GatorB (Post 14836528)
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.

BV 09-30-2008 08:29 PM

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

xmas13 09-30-2008 08:43 PM

http://forecast-chart.com/historical-russell-2000.html

Russell 2000 Stock Index - 19 Year Graph.

baddog 10-01-2008 03:37 AM

Quote:

Originally Posted by pocketkangaroo (Post 14831812)
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 . . .

EscortBiz 10-01-2008 05:26 AM

If credit markets freeze it will be a disaster but at the same time we need to know exactly who will oversee this cash.

Hank_Heartland 10-01-2008 05:58 AM

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:helpme

seeandsee 10-01-2008 06:01 AM

1T more to go in next few days!

Useless Warrior 10-01-2008 06:02 AM

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.

Fletch XXX 10-01-2008 06:02 AM

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...

Useless Warrior 10-01-2008 06:03 AM

Quote:

Originally Posted by EscortBiz (Post 14839034)
...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. :pimp

Slick 10-01-2008 06:06 AM

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 :(

SCORE Ralph 10-01-2008 07:25 AM

Quote:

Originally Posted by stevo (Post 14831595)
Nah, Lou Dobbs has been slamming the bailout...

Lou Dobbs slams everything.


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