Foreign investors veto Fed rescue

[hansolo]

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/17/ccview117.xml

How bad is this going to be?

I think this is going to be our biggest crisis in a long time - bigger than our Iraq mess.

[Moon Man]

Ha-fucking-Ha, motherfuckers!

King

[Schwahalala]

We're screwed - long live the war in Iraq.

[marco]

ruh roh...

These people don't want to here this:

http://money.cnn.com/galleries/2008/news/0803/gallery.real_stories/index.html

Foreigners are our friends???!

http://en.wikipedia.org/wiki/Faustian_Pact

I've said it before, foreigners do not need us. At a certain point we are more of a burden than it is worth and they will deal amongst themselves. Our debt and excesses start to become more and more of a drain on the world, they will just slowly cut us off.

I'm not worried though, I think the government said the Arabs will help us because we gave them Democracy.

[jhanke]

So glad we elected that dumb fuck twice!!!!

Yay democracy

[lazydaze]

So glad we elected that dumb fuck twice!!!!

Yay democracy

[TTB]

I've been telling you all a financial shitstorm was coming.

I was just hoping our economic house of cards would hold up a a few years longer.

This shit didn't just start with W though and there is plenty of blame to pass around including the many Americans that up to the eye balls in personal debt...its been in the making for a while. Bush has greatly helped to speed it up though.

If you are interested in how we got here...try reading this;

http://www.amazon.com/gp/reader/0471449733/ref=sib_dp_pt#reader-link

[Airshark]

What so sad is that I have absolutely no surprise at all that some here are so quick to blame Dubya and the Iraq war. Nothing at all for US spending practices, both government and personal. ... (sigh)...

[TTB]

What so sad is that I have absolutely no surprise at all that some here are so quick to blame Dubya and the Iraq war. Nothing at all for US spending practices, both government and personal. ... (sigh)...

The war doesn't help either. 190 billion a year ain't chickenscratch.

We just can't afford it anymore.

[Airshark]

The war doesn't help either. 190 billion a year ain't chickenscratch.

We just can't afford it anymore.

Yes - Dubya bears blame for his spending practices, but the implication here is that he caused this problem. He aggravated it, that's all.

[TTB]

Yes - Dubya bears blame for his spending practices, but the implication here is that he caused this problem. He aggravated it, that's all.

We have been running an economic house of cards for a long time.

[madyaks]

And some of it is being investigated as criminal, they said this is going to make enron look like a Jaywalking.

[B.A.]

And some of it is being investigated as criminal, they said this is going to make enron look like a Jaywalking.

As it should.

[marco]

Yes - Dubya bears blame for his spending practices, but the implication here is that he caused this problem. He aggravated it, that's all.

He was scratching the rash because he didn't really understand what it was.

[TTB]

He was scratching the rash because he didn't really understand what it was.

That's a good one. Can I borrow it?