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FILMO
The Original
Joined: Sat Oct 23, 2004 10:19 am Posts: 9808 Location: Suisse
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 Re: Is this September 1929?
Well following that discussion here....I guess the WOKJ folks seems not so hurt by the stuff going on.....well at least thats a good thing.
_________________Libs wrote: FILMO, I'd rather have you eat chocolate syrup off my naked body than be a moderator here.
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Wed Sep 17, 2008 6:59 am |
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Jedi Master Carr
Extraordinary
Joined: Fri Nov 11, 2005 9:51 pm Posts: 11637
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 Re: Is this September 1929?
I work at a university so I am not worried right now, unless state money gets cut. The economy is still a mess.
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Wed Sep 17, 2008 1:28 pm |
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Beeblebrox
All Star Poster
Joined: Wed Dec 01, 2004 9:40 pm Posts: 4679
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 Re: Is this September 1929?
FILMO wrote: Well following that discussion here....I guess the WOKJ folks seems not so hurt by the stuff going on.....well at least thats a good thing. I live in Southern California, so I'm much more hurt by the housing bubble than it's collapse. But I also work in show business. As Groucho says, we aren't affected in the same way by these things.
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Wed Sep 17, 2008 1:40 pm |
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Groucho
Extraordinary
Joined: Thu Oct 21, 2004 9:30 pm Posts: 12096 Location: Stroudsburg, PA
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 Re: Is this September 1929?
Beeblebrox wrote: FILMO wrote: Well following that discussion here....I guess the WOKJ folks seems not so hurt by the stuff going on.....well at least thats a good thing. I live in Southern California, so I'm much more hurt by the housing bubble than it's collapse. But I also work in show business. As Groucho says, we aren't affected in the same way by these things. And people will always need a lawyer, so I'm not too worried. It's mostly those who were investors, and homeowners who are being screwed.
_________________Buy my books! http://michaelaventrella.com

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Wed Sep 17, 2008 2:45 pm |
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Beeblebrox
All Star Poster
Joined: Wed Dec 01, 2004 9:40 pm Posts: 4679
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 Re: Is this September 1929?
So the government just bailed out AIG, which means that the government now owns and runs some of the biggest banking institutions and insurance companies in America.
Who would have thought: Republicanism leads to socialism.
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Wed Sep 17, 2008 2:54 pm |
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Tyler
Powered By Hate
Joined: Tue Oct 12, 2004 8:55 pm Posts: 7578 Location: Torrington, CT
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 Re: Is this September 1929?
But see, giving $85 billion to a fucking insurance company is fine. Making sure that the poor live above slum levels is not.
_________________ It's my lucky crack pipe.
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Wed Sep 17, 2008 3:26 pm |
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Caius
A very honest-hearted fellow
Joined: Mon Oct 11, 2004 8:02 pm Posts: 4767
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 Re: Is this September 1929?
Beeblebrox wrote: So the government just bailed out AIG, which means that the government now owns and runs some of the biggest banking institutions and insurance companies in America.
Who would have thought: Republicanism leads to socialism. I really hate when we agree on something. 
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Wed Sep 17, 2008 10:35 pm |
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Beeblebrox
All Star Poster
Joined: Wed Dec 01, 2004 9:40 pm Posts: 4679
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 Re: Is this September 1929?
Btw, the TOTAL cost of food stamps and welfare for the poor, programs that Republicans adamantly oppose as "hand outs," is roughly $20 billion a year.
The cost of the government welfare bailout of AIG, just ONE of the Republican administration corporate welfare recipients, is $85 billion, or enough to fund TANF and food stamps for about 4 years.
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Wed Sep 17, 2008 11:35 pm |
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Krem
Cream of the Crop
Joined: Wed Nov 29, 2006 8:04 pm Posts: 2035 Location: Citizens Bank Park
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 Re: Is this September 1929?
Well, it's not necessarily 85 billion; that's the maximum possible cost. The taxpayers could actually make money on this.
Doesn't make it right, though.
_________________ Let's go Phillies.
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Thu Sep 18, 2008 3:43 pm |
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Mannyisthebest
Forum General
Joined: Wed May 10, 2006 3:53 pm Posts: 8642 Location: Toronto, Canada
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 Re: Is this September 1929?
yes Lou Doobs said it best.
Its time the Republican party demand the same level of responsibility and self reliance from Corporations as it demands from poor people and the middle class.
_________________The Dark Prince 
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Thu Sep 18, 2008 3:45 pm |
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Caius
A very honest-hearted fellow
Joined: Mon Oct 11, 2004 8:02 pm Posts: 4767
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 Re: Is this September 1929?
It is true that they could make money. In the 19th Century, the government made a killing off the railroads when the railroads paid back their debts. I think they were 20 year bonds.
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Thu Sep 18, 2008 11:27 pm |
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Beeblebrox
All Star Poster
Joined: Wed Dec 01, 2004 9:40 pm Posts: 4679
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 Re: Is this September 1929?
http://www.msnbc.msn.com/id/26776283/Hoover-villes are back? Or should we call them Bush-villes now?
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Fri Sep 19, 2008 6:09 am |
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