How Critical is the crisis?
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The Administration has scared the markets and some key legislative leaders, but it has not laid out a coherent, specific and compelling need for this enormous proposal, which is the equivalent of a one-time 55 percent income tax surcharge. (Instead the money will be borrowed, so ask from whom and how this much can be raised so quickly if the credit markets are nearly seized up with fear.)[^] A little crisis humor[^] :)
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The Administration has scared the markets and some key legislative leaders, but it has not laid out a coherent, specific and compelling need for this enormous proposal, which is the equivalent of a one-time 55 percent income tax surcharge. (Instead the money will be borrowed, so ask from whom and how this much can be raised so quickly if the credit markets are nearly seized up with fear.)[^] A little crisis humor[^] :)
David Cay Johnston needs to get out more. I had an open business line of credit yanked in January despite a stellar record with that firm. I had planned to use that credit to expand our operations and hire another employee.
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David Cay Johnston needs to get out more. I had an open business line of credit yanked in January despite a stellar record with that firm. I had planned to use that credit to expand our operations and hire another employee.
Ed Gadziemski wrote:
I had an open business line of credit yanked in January despite a stellar record with that firm.
You didn't mention your political views did you? I wouldn't lend money to a commie either!
Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.
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David Cay Johnston needs to get out more. I had an open business line of credit yanked in January despite a stellar record with that firm. I had planned to use that credit to expand our operations and hire another employee.
That sucks about your line of credit being yanked with the stellar record with them. Just goes to show how much big companies really give a damn about their customers.
"The clue train passed his station without stopping." - John Simmons / outlaw programmer "Real programmers just throw a bunch of 1s and 0s at the computer to see what sticks" - Pete O'Hanlon "Not only do you continue to babble nonsense, you can't even correctly remember the nonsense you babbled just minutes ago." - Rob Graham
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The Administration has scared the markets and some key legislative leaders, but it has not laid out a coherent, specific and compelling need for this enormous proposal, which is the equivalent of a one-time 55 percent income tax surcharge. (Instead the money will be borrowed, so ask from whom and how this much can be raised so quickly if the credit markets are nearly seized up with fear.)[^] A little crisis humor[^] :)
I wrote my senators and congressman today at lunch time; Please do not bail out the organizations that have made bad loans including AIG, Fannie May, Freddie Mac and the others. Our country is already operating at a deficit and we can not afford the extra debt, lets take the hit and move on. I do not believe in the “dire” consequences that Mr. Paulson, and Mr. Bernacki predicting and would like the Senator to study carefully any legislation that is proposed. It is my understanding that these organizations were forced to adhere to “red line” laws where these organizations had to take on bad debt in order to make acquisitions and I would urge you to reverse this legislation. Further I would ask you to support the reinstatement of the Glass Steagall act. Sincerely, MrPlankton CEO Chumbucket Resturant ----edit---- If this were so serious I would expect a presidental address or something? Friday dead line? Reminds me of the immigration bill being run through congress in the middle of the night
MrPlankton
modified on Tuesday, September 23, 2008 5:00 PM
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Ed Gadziemski wrote:
I had an open business line of credit yanked in January despite a stellar record with that firm.
You didn't mention your political views did you? I wouldn't lend money to a commie either!
Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.
Stan Shannon wrote:
You didn't mention your political views did you?
Naw, I told them I knew Stan Shannon and for some reason, right after that they showed me the door.
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I wrote my senators and congressman today at lunch time; Please do not bail out the organizations that have made bad loans including AIG, Fannie May, Freddie Mac and the others. Our country is already operating at a deficit and we can not afford the extra debt, lets take the hit and move on. I do not believe in the “dire” consequences that Mr. Paulson, and Mr. Bernacki predicting and would like the Senator to study carefully any legislation that is proposed. It is my understanding that these organizations were forced to adhere to “red line” laws where these organizations had to take on bad debt in order to make acquisitions and I would urge you to reverse this legislation. Further I would ask you to support the reinstatement of the Glass Steagall act. Sincerely, MrPlankton CEO Chumbucket Resturant ----edit---- If this were so serious I would expect a presidental address or something? Friday dead line? Reminds me of the immigration bill being run through congress in the middle of the night
MrPlankton
modified on Tuesday, September 23, 2008 5:00 PM
MrPlankton wrote:
If this were so serious I would expect a presidental address or something?
1600 Pennsylvania Ave NW Washington, DC 20500 sorry. I couldn't resist. I contacted my Congress Critters yesterday. I doubt Lindsey Graham will read it, though. His head seems firmly implanted in McCain's right buttcheek, and I am sure he doesn't waste any time or energy earning his Senatorial salary.
Jon Smith & Wesson: The original point and click interface
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I wrote my senators and congressman today at lunch time; Please do not bail out the organizations that have made bad loans including AIG, Fannie May, Freddie Mac and the others. Our country is already operating at a deficit and we can not afford the extra debt, lets take the hit and move on. I do not believe in the “dire” consequences that Mr. Paulson, and Mr. Bernacki predicting and would like the Senator to study carefully any legislation that is proposed. It is my understanding that these organizations were forced to adhere to “red line” laws where these organizations had to take on bad debt in order to make acquisitions and I would urge you to reverse this legislation. Further I would ask you to support the reinstatement of the Glass Steagall act. Sincerely, MrPlankton CEO Chumbucket Resturant ----edit---- If this were so serious I would expect a presidental address or something? Friday dead line? Reminds me of the immigration bill being run through congress in the middle of the night
MrPlankton
modified on Tuesday, September 23, 2008 5:00 PM