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ConcernedGuy's Comments

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The Steamroller

The Steamroller

Commented Sep 25, 2008 at 12:12:16 in Politics

“Why do people think there's some type of conspiracy? Financial markets can move very quickly because it's an issue of confidence at the end of the day.

Plus - to say they need to make it perfectly clear the McCain is not helping and getting in the way?? That's absurd. He (and Obama) belong in Washington trying to craft what Frank and Dodd have called the most important bill they've constructed in their lifetimes.

One of them will be president and will need to implement it. To say that they shouldn't be involved in crafting the bill is completely absurd.”
huffingtonpost entry

Why Isn't Obama Doing Better?

Commented Sep 25, 2008 at 09:22:48 in Home

“Bruce - I have no idea if racism is a problem or not in the election. There's too many other issues out there that are in people's heads which complicates how they answer the question in any survey. My blood curdles when I think about Obama becoming President.

But not simply because of his race. I have read Dreams of My Father and it scared me.

I think after reading that book that Obama is the one focused on white versus black, not the voters”
The Steamroller

The Steamroller

Commented Sep 25, 2008 at 08:31:04 in Politics

“We are not bailing them out in the sense we're just giving them money. We're buying their assets at very cheap prices and hopefully we make money if not just get our original investment back. We're providing a market so they can actually realize the massive losses that are currently just paper losses because the marks on their assets are so low

If we don't do this then the banks will stop lending to each other (even the local ones that you use to get a car loan, small business loan or a college loan)”

spqesq on Sep 25, 2008 at 09:34:50

“So morons can't borrow money for shiny crap from China. So the university system of higher education can be non-profit. So people use cash to buy stuff and live within their means. So we no longer send the fruits of our toil to Saudi Arabia. So the sharks can no longer prey on the people.

Yes. Let the 'disaster' come. Let it come.”
Enough! Here's Why The Polls Are So Damn Close

Enough! Here's Why The Polls Are So Damn Close

Commented Sep 24, 2008 at 19:12:26 in Politics

“Hey Typedesk - are you accusing Democrats of being racist? Because it can't be Republicans. They're not voting for Obama because he's a liberal, not because he's black”
Dirty Secret Of The Bailout: Thirty-Two Words That None Dare Utter

Dirty Secret Of The Bailout: Thirty-Two Words That None Dare Utter

Commented Sep 24, 2008 at 19:04:34 in Politics

“Unfortunately if I received $350,000 my problems would not be solved. I would still have a mortgage. I would still be unemployed. And I would still have a hard time making my mortgage payments.

I agree with Paulson and Bernanke that if we don't do this we'll be worse off. Unemployment will be higher. Credit card rates will be higher. And good luck when you go to your local bank to try to get a loan to send your kids to college or to start your own business.”
S&P 500 Down 14% Since Bush Took Office -- So Much For Social Security Privatization

S&P 500 Down 14% Since Bush Took Office -- So Much For Social Security Privatization

Commented Sep 22, 2008 at 00:24:44 in Politics

“Mark Nickolas' analysis does not include dividends. It's a big omission and when you factor in the income part of the equation, the S&P 500 is flat over the time period he is looking at.”