Comments on: Election 2008: Who Will Get to Spend the $700 Billion? http://www.moneymorning.com/2008/10/08/election-2008/ Investment News Provider Thu, 19 Nov 2009 15:36:16 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Election 2008: Taking a Financial Flyer on the Race for the U.S. Presidency http://www.moneymorning.com/2008/10/08/election-2008/comment-page-1/#comment-19071 Election 2008: Taking a Financial Flyer on the Race for the U.S. Presidency Wed, 01 Apr 2009 15:11:38 +0000 http://www.moneymorning.com/?p=2505#comment-19071 [...] Money Morning Election Series: Election 2008: Who Will Get to Spend the $700 Billion? [...] [...] Money Morning Election Series: Election 2008: Who Will Get to Spend the $700 Billion? [...]

]]> By: Jutia Group - Market Jitters & Political Critters http://www.moneymorning.com/2008/10/08/election-2008/comment-page-1/#comment-11756 Jutia Group - Market Jitters & Political Critters Tue, 04 Nov 2008 15:09:52 +0000 http://www.moneymorning.com/?p=2505#comment-11756 [...] But with the presidential election set for today (Tuesday), it’s unclear if some of the Bush Administration’s reluctance to add the auto industry to the bailout plan is part of a concern about setting a precedent that could open the door to other industries - further boosting the rescue plan’s ultimate cost - or if the administration is seeking to avoid making any decisions that could subsequently conflict with the goals of the incoming president. For instance, the Democratic nominee, U.S. Sen. Barack Obama, D-Ill., has said in recent days that he supports increasing aid to the troubled auto companies, while Republican hopeful John McCain, R-Ariz., has not said whether he would support auto-sector aid beyond the $25 billion, The Times reported. And, as Money Morning has reported, President George Bush realizes that some decisions about how the bailout will be administered will have to be left to the next president. [...] [...] But with the presidential election set for today (Tuesday), it’s unclear if some of the Bush Administration’s reluctance to add the auto industry to the bailout plan is part of a concern about setting a precedent that could open the door to other industries – further boosting the rescue plan’s ultimate cost – or if the administration is seeking to avoid making any decisions that could subsequently conflict with the goals of the incoming president. For instance, the Democratic nominee, U.S. Sen. Barack Obama, D-Ill., has said in recent days that he supports increasing aid to the troubled auto companies, while Republican hopeful John McCain, R-Ariz., has not said whether he would support auto-sector aid beyond the $25 billion, The Times reported. And, as Money Morning has reported, President George Bush realizes that some decisions about how the bailout will be administered will have to be left to the next president. [...]

]]> By: Government Won't Extend $700 Billion Bailout Plan to U.S. "Big Three" http://www.moneymorning.com/2008/10/08/election-2008/comment-page-1/#comment-11747 Government Won't Extend $700 Billion Bailout Plan to U.S. "Big Three" Tue, 04 Nov 2008 10:31:15 +0000 http://www.moneymorning.com/?p=2505#comment-11747 [...] But with the presidential election set for today (Tuesday), it’s unclear if some of the Bush Administration’s reluctance to add the auto industry to the bailout plan is part of a concern about setting a precedent that could open the door to other industries - further boosting the rescue plan’s ultimate cost - or if the administration is seeking to avoid making any decisions that could subsequently conflict with the goals of the incoming president. For instance, the Democratic nominee, U.S. Sen. Barack Obama, D-Ill., has said in recent days that he supports increasing aid to the troubled auto companies, while Republican hopeful John McCain, R-Ariz., has not said whether he would support auto-sector aid beyond the $25 billion, The Times reported. And, as Money Morning has reported, President George Bush realizes that some decisions about how the bailout will be administered will have to be left to the next president. [...] [...] But with the presidential election set for today (Tuesday), it’s unclear if some of the Bush Administration’s reluctance to add the auto industry to the bailout plan is part of a concern about setting a precedent that could open the door to other industries – further boosting the rescue plan’s ultimate cost – or if the administration is seeking to avoid making any decisions that could subsequently conflict with the goals of the incoming president. For instance, the Democratic nominee, U.S. Sen. Barack Obama, D-Ill., has said in recent days that he supports increasing aid to the troubled auto companies, while Republican hopeful John McCain, R-Ariz., has not said whether he would support auto-sector aid beyond the $25 billion, The Times reported. And, as Money Morning has reported, President George Bush realizes that some decisions about how the bailout will be administered will have to be left to the next president. [...]

]]> By: Election 2008: Taking a Financial Flyer on the Race for the U.S. Presidency | Jutia Group http://www.moneymorning.com/2008/10/08/election-2008/comment-page-1/#comment-10946 Election 2008: Taking a Financial Flyer on the Race for the U.S. Presidency | Jutia Group Wed, 15 Oct 2008 14:44:43 +0000 http://www.moneymorning.com/?p=2505#comment-10946 [...] Election 2008: Who Will Get to Spend the $700 Billion? [...] [...] Election 2008: Who Will Get to Spend the $700 Billion? [...]

]]> By: In the Long Run, the Dow’s 40% Nosedive May Actually Turn Into a Safe Landing | Jutia Group http://www.moneymorning.com/2008/10/08/election-2008/comment-page-1/#comment-10845 In the Long Run, the Dow’s 40% Nosedive May Actually Turn Into a Safe Landing | Jutia Group Mon, 13 Oct 2008 13:32:03 +0000 http://www.moneymorning.com/?p=2505#comment-10845 [...] Election 2008: Who Will Get to Spend the $700 Billion? [...] [...] Election 2008: Who Will Get to Spend the $700 Billion? [...]

]]> By: North American Union http://www.moneymorning.com/2008/10/08/election-2008/comment-page-1/#comment-10834 North American Union Mon, 13 Oct 2008 00:52:25 +0000 http://www.moneymorning.com/?p=2505#comment-10834 It is health that is real wealth and not pieces of gold and silver.MohandasGandhiMohandas Gandhi It is health that is real wealth and not pieces of gold and silver.MohandasGandhiMohandas Gandhi

]]> By: In the Long Run, the Dow's 40% Nosedive May Actually Turn Into a Safe Landing http://www.moneymorning.com/2008/10/08/election-2008/comment-page-1/#comment-10779 In the Long Run, the Dow's 40% Nosedive May Actually Turn Into a Safe Landing Fri, 10 Oct 2008 13:38:19 +0000 http://www.moneymorning.com/?p=2505#comment-10779 [...] Money Morning: Election 2008: Who Will Get to Spend the $700 Billion? [...] [...] Money Morning: Election 2008: Who Will Get to Spend the $700 Billion? [...]

]]> By: chris erickson http://www.moneymorning.com/2008/10/08/election-2008/comment-page-1/#comment-10707 chris erickson Thu, 09 Oct 2008 04:48:31 +0000 http://www.moneymorning.com/?p=2505#comment-10707 I wrote A very concise note here yet is didn't show up ; so I'll make this short ; if the banks want money from the fed ; either they loan it out or they don't get any ; any loans bought should be bought just like WaMu & Bear Sterns were sold ... Fannie & Freddi should be kept & used to lower instrest rates ( to 4.5% fixed on every loan their is for real estate ) Make the holder of any enitiy / loan if they want a tax write off as they are sure to take write down all of the ones they hold ... They aren't going to pay any taxes as it is.....as far as production / out sourced jobs treat it like the auto industry .... eliminate tax credits for oil that is not produced here , the farm subsities get rid of... give these credits to the green industry that is going on in this country not over seas ....& re instate all of the over site / rules that Bush senior started to get rid of & junior finsihed the jod of with help from congress & yes Clinton did sign the repeal in 1999 of the Gramm / Leach / Bliley act.... Get over it lets fix the f-in up... They banks & congress need to get their heads out of where the sun doesn't shine & ck out the real world & help fix it before it falls on their heads.. They panicked & gave out the money & did it help ; no because the markets weren't done falling jet.... now were close ... let see if they can still get it right ; they have a little time left ... before the year is out... sincerly chris . p/s this is 1/4 the size of the original I wrote A very concise note here yet is didn’t show up ; so I’ll make this short ; if the banks want money from the fed ; either they loan it out or they don’t get any ; any loans bought should be bought just like WaMu & Bear Sterns were
sold … Fannie & Freddi should be kept & used to lower instrest rates ( to 4.5% fixed on every loan their is for
real estate ) Make the holder of any enitiy / loan if they want a tax write off as they are sure to take write down all of the ones they hold … They aren’t going to pay any taxes as
it is…..as far as production / out sourced jobs treat it like
the auto industry …. eliminate tax credits for oil that is not produced here , the farm subsities get rid of… give these credits to the green industry that is going on in this country
not over seas ….& re instate all of the over site / rules that
Bush senior started to get rid of & junior finsihed the jod of
with help from congress & yes Clinton did sign the repeal in 1999 of the Gramm / Leach / Bliley act….
Get over it lets fix the f-in up… They banks & congress need
to get their heads out of where the sun doesn’t shine & ck
out the real world & help fix it before it falls on their heads..
They panicked & gave out the money & did it help ; no
because the markets weren’t done falling jet…. now were
close … let see if they can still get it right ; they have a little time left … before the year is out…

sincerly chris .
p/s this is 1/4 the size of the original

]]> By: chris erickson http://www.moneymorning.com/2008/10/08/election-2008/comment-page-1/#comment-10706 chris erickson Thu, 09 Oct 2008 04:24:51 +0000 http://www.moneymorning.com/?p=2505#comment-10706 Well lets just cut to the chase, we know that the deregulation started when Bush senior was president ; it was kept going buy the congress & junior finished the job .. Yes the bill that deregulated was signed when Clinton was in office so were a few others that started with Bush... Now that congress has given away the only reasl chance they had to fix this mess ( when they paniced with the first drop of the markets ) instead of waiting to see how far it would go they gave in ... Now if they realy want to fix it they still have a chance if they would as it is said take the bull by the horns ( or if you like the bear on ... They need to let the banks know that if they want access to the funds for the bail out & other monies from the fed & tresuary they first will have to make funds avilable to the public & buissness which need them . not just come begging at the door for a hand out saying I'm failing ; what do they tell you if you ask for help & beg .... Also the toxic debt as it is called if bought by the goverment should be purchased just like WuMu was sold , or Bear Sterns. not at stated face value...... Then congress should re-nationalize Fanni & freddi ; they started live as goverment agencies back with FDR.... Use them to lower instrest rates to 4.5 % fixed ... Instead of evicting people from their homes , keep them in them.... This would go a long way toward stabilizing the housing market.... When I say lower the instrest rates , I mean do it for every body who owns a home , building or land that has a mortgage on it .... Now as far as the jobs here / production in factories . they same rules / laws that apply to the auto indusrty can be applied to that .... & if the goverment / congress would eliminate a lot of tax breaks for , big oil ; farming & the like ; green industries could/should be given them instead... About the fed it started out as a goverment / private bank which at least in its many lives has been bankrupted buy the goverment .. It is now a quasi / semi private -goverment owned bank ..Which sometimes has too much power or carries to much say over the economy & goverment.... But it tries to do what it was intended to.....just ask JP Morgan.... As far as who becomes president he is screwed by this econmy , if he raises taxes , he will slow it down ; if he cuts them the goverment will not have any real money..... A lot of this was also caused by spectuation , by lenders , wall street with their fancy securities they sold , people buying more house than they could aford ( but the banks/lenders told they they could aford it )...The goverment / congress/ president Bush stating on national TV to buy a house... So who really is at fault... Lets just clean the mess up ; have the lenders discount the loans the hold ; write down the value of the realestate ; get congress & the press to sign off on it ... Why not well the banks/lenders & wall street or investers who hold these enities are going to take ( one hell of a tax write off as it is & not pay any taxes so what is a few dollars more to them ).. If you dont agree with me thats ok ; every one has a opion & some place the sun doesn't shine .... some body needs to tell the bamks / holders of these enities & congress to get their collective heads out of there ....... sincrely .. chris Well lets just cut to the chase, we know that the deregulation started when Bush senior was president ; it was
kept going buy the congress & junior finished the job .. Yes
the bill that deregulated was signed when Clinton was in office so were a few others that started with Bush…
Now that congress has given away the only reasl chance they
had to fix this mess ( when they paniced with the first drop of
the markets ) instead of waiting to see how far it would go
they gave in …
Now if they realy want to fix it they still have a chance if they
would as it is said take the bull by the horns ( or if you like the bear on …
They need to let the banks know that if they want access to
the funds for the bail out & other monies from the fed & tresuary they first will have to make funds avilable to the
public & buissness which need them . not just come begging
at the door for a hand out saying I’m failing ; what do they
tell you if you ask for help & beg ….
Also the toxic debt as it is called if bought by the goverment
should be purchased just like WuMu was sold , or Bear Sterns.
not at stated face value……
Then congress should re-nationalize Fanni & freddi ; they started live as goverment agencies back with FDR….
Use them to lower instrest rates to 4.5 % fixed … Instead
of evicting people from their homes , keep them in them….
This would go a long way toward stabilizing the housing
market….
When I say lower the instrest rates , I mean do it for every body who owns a home , building or land that has a mortgage
on it ….
Now as far as the jobs here / production in factories . they
same rules / laws that apply to the auto indusrty can be
applied to that …. & if the goverment / congress would
eliminate a lot of tax breaks for , big oil ; farming & the like ;
green industries could/should be given them instead…
About the fed it started out as a goverment / private bank
which at least in its many lives has been bankrupted buy the
goverment .. It is now a quasi / semi private -goverment owned bank ..Which sometimes has too much power or
carries to much say over the economy & goverment….
But it tries to do what it was intended to…..just ask JP Morgan….
As far as who becomes president he is screwed by this econmy , if he raises taxes , he will slow it down ; if he cuts
them the goverment will not have any real money…..
A lot of this was also caused by spectuation , by lenders , wall street with their fancy securities they sold , people buying more house than they could aford ( but the banks/lenders told they they could aford it )…The goverment / congress/ president Bush stating on national TV to buy a house… So who really is at fault…
Lets just clean the mess up ; have the lenders discount the
loans the hold ; write down the value of the realestate ;
get congress & the press to sign off on it … Why not well
the banks/lenders & wall street or investers who hold these
enities are going to take ( one hell of a tax write off as it is
& not pay any taxes so what is a few dollars more to them )..

If you dont agree with me thats ok ; every one has a opion
& some place the sun doesn’t shine …. some body needs to
tell the bamks / holders of these enities & congress to get
their collective heads out of there …….

sincrely
.. chris

]]> By: Laisseraller http://www.moneymorning.com/2008/10/08/election-2008/comment-page-1/#comment-10705 Laisseraller Thu, 09 Oct 2008 00:32:27 +0000 http://www.moneymorning.com/?p=2505#comment-10705 Great Article! a new blog giving deeper meaning into the $700 billion bail out plan. http://got700billion.blogspot.com/ Great Article! a new blog giving deeper meaning into the $700 billion bail out plan. http://got700billion.blogspot.com/

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