| Registered: March 15, 2007 |  Posts: 374 |
| | Posted: | | | | Quoting hal9g: Quote:
Sounds like wishful thinking to me!
Envy is a ugly trait! I don't understand your comment. Who is wishing for what? And who envys what exactly in your opinion? |
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| Registered: March 13, 2007 |  Posts: 2,694 |
| | Posted: | | | | Quoting goodguy: Quote:
On a funny contextual side note:
The German parliament and the Bundesrat celebrated today's International Day for the Eradication of Poverty by approving the 500 Billion EUR (that's 500.000.000.000) bank rescue bill. Hmm, that is a fair bit over $700B DOLLARS, isn't it? I thought somebody said Europe wasn't as bad off as the US? Say it ain't so, Joe. | | | John
"Extremism in the defense of Liberty is no vice!" Senator Barry Goldwater, 1964
Make America Great Again! |
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| Registered: March 15, 2007 | | Posts: 374 |
| | Posted: | | | | Quoting Rifter: Quote:
Quoting goodguy:
Quote:
On a funny contextual side note:
The German parliament and the Bundesrat celebrated today's International Day for the Eradication of Poverty by approving the 500 Billion EUR (that's 500.000.000.000) bank rescue bill.
Hmm, that is a fair bit over $700B DOLLARS, isn't it? I thought somebody said Europe wasn't as bad off as the US? Say it ain't so, Joe. It ain't so. 500 Billion Euro with todays fx-rate are 673 Billion USD. Sugarjoe |
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| Registered: March 13, 2007 | | Posts: 1,796 |
| | Posted: | | | | Thank goodness we have Forrest to explain it to us in simple terms....
Forrest Gump Explains Mortgage Backed Securities
Mortgage Backed Securities are like boxes of chocolates. Criminals on Wall Street stole a few chocolates from the boxes and replaced them with turds. Their criminal buddies at Standard & Poor rated these boxes AAA Investment Grade chocolates. These boxes were then sold all over the world to investors. Eventually somebody bites into a turd and discovers the crime. Suddenly nobody trusts American chocolates anymore worldwide.
Hank Paulson now wants the American taxpayers to buy up and hold all these boxes of turd-infested chocolates for $700 billion dollars until the market for turds returns to normal. Meanwhile, Hank's buddies, the Wall Street criminals who stole all the good chocolates are not being investigated, arrested, or indicted.
Mama always said: 'Sniff the chocolates first, Forrest'. | | | We don't need stinkin' IMDB's errors, we make our own.
Ineptocracy, You got to love it.
"Nearly all men can stand adversity, but if you want to test a man's character, give him power." - Abraham Lincoln |
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