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Bailout=TEH FAIL

The numbers...

Democratic: Yes - 141 No - 94

Republican: Yes - 66 No - 132

Totals: Yes - 207 No - 226

This will create a boom in campaign ad production... each side is now feverishly drafting ads saying, "ZOMG Congressman So-and-so voted for/against the bailout!" which will be airing non-stop on all channels from now till November.

Viola! Economic crisis solved!
 
they fucking regulate the market. they can shut it down at any time, ala september 11th, or when it looses too much value too fast.
 
Capitalism. Sometimes you lose your ass when you make bad bussiness decisions. Oh well, we'll be stronger after all this evens out.

no pain, no gain. some poor Wall St. executives might have to give up their Ferraris and estates to end up living in a 3 bedroom ranch in the suburbs and driving a Toyota just like you and me. the horror.
 
50-cent beer at Hawthorne is looking even better now!
 
wazzuFreddo said:
no pain, no gain. some poor Wall St. executives might have to give up their Ferraris and estates to end up living in a 3 bedroom ranch in the suburbs and driving a Toyota just like you and me. the horror.
Click to expand...

Meanwhile, the people who used to live in those 3-bedroom ranch houses will be sleeping in tents and walking a lot. And getting shot a lot.
 
no re-vote today, either.

They gotta hurry up and GTFO for the holiday.
 
nelson_ha_ha.jpg
 
wazzuFreddo said:
Capitalism. Sometimes you lose your ass when you make bad bussiness decisions. Oh well, we'll be stronger after all this evens out.

no pain, no gain. some poor Wall St. executives might have to give up their Ferraris and estates to end up living in a 3 bedroom ranch in the suburbs and driving a Toyota just like you and me. the horror.
Click to expand...

Probably not. A lot have gotten their golden parachutes in cash in the last couple of years. I guess they knew this was coming.
 
Fed doesn't control the market.

Individual exchanges have policies that control when they get shut down, but there was no reason to intervene here.

There was a brief spike downward that is generally caused by automated trading, then the curbs in software (and in the people) correct that and the market tickets back up.

Excluding that, there was a dip at the beginning of the day on anticipation of bad bailout news (failout '08!), which could be entirely expected, and another one during the failed vote, also expected.

Looking like a -500/-600 day, which isn't unreasonable.
 
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wazzuFreddo said:
Capitalism. Sometimes you lose your ass when you make bad bussiness decisions. Oh well, we'll be stronger after all this evens out.

no pain, no gain. some poor Wall St. executives might have to give up their Ferraris and estates to end up living in a 3 bedroom ranch in the suburbs and driving a Toyota just like you and me. the horror.
Click to expand...

Are you serious? Most likely, the Wall St execs have already converted those milions of $$$ to Euros or some other currency and they are going to be just fine. The middle class is going to disappear and many MANY regular joe schmoes will be standing in lines for food stamps.
 
Dollar is surging compared to world markets lol. That aside, I blame the democrats at the last moment for their partisan speeches... of course republicans dident want to go along with it, but rub it in their faces and any reasonable person would have said no too!
 
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