tag:blogger.com,1999:blog-34240686.post3447716181985718846..comments2024-03-20T05:19:35.526-04:00Comments on Mauigirl's Meanderings: Black Monday - Deja Vu All Over AgainMauigirlhttp://www.blogger.com/profile/15529827915262851910noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-34240686.post-81803805143662042222008-10-07T00:04:00.000-04:002008-10-07T00:04:00.000-04:00It looks like the bailout isn't doing what it is s...It looks like the bailout isn't doing what it is supposed to do...big surprise.libhomhttps://www.blogger.com/profile/05537213558568338561noreply@blogger.comtag:blogger.com,1999:blog-34240686.post-78417021867349053582008-10-02T10:26:00.000-04:002008-10-02T10:26:00.000-04:00Utah, thanks - and yes, DCup's post epitomizes wha...Utah, thanks - and yes, DCup's post epitomizes what this mess means for the regular folks out there who are not part of the Wall Street elite.<BR/><BR/>Ruth, you're right - they are like children. I hope the Senate bill passes in the House even though it is now even MORE expensive.<BR/><BR/>Fran, you're right, later on they admitted it wasn't just Pelosi's speech that did it. Their constituents were outraged about it and that's what worried them. Now I hear the calls they're getting are more 50-50 as people are getting worried about the longer term effect of this mess.<BR/><BR/>Liberality, I know, it seems as if Wall Street just reacts to things these days, and bears no resemblance to any representation of value one way or the other. "Hissy fit" is a good word for it.<BR/><BR/>FranIAm, you are right - we are so screwed. My 401k is down -19%.<BR/><BR/>Kevin, I know what you mean. Unfortunately some of the ones we've got aren't that bad and their replacements would be worse. I think we need tweezers to just take out the bad ones!<BR/><BR/>Feather, that is my concern. When all of the money is concentrated in such a small number of places it is always dangerous.<BR/><BR/>LT, good question - it needs to be some kind of neutral, bipartisan group to regulate it all. Let's put Michael Bloomberg in charge of it!<BR/><BR/>Kouji, you are right - blaming the speech is just irresponsible. I was glad they later said that really that wasn't it. But it was pretty stupid of them to say that was why in the first place. Last night's Senate vote was much more civilized. <BR/><BR/>Candace, I know, it's because they really don't know anything about the economy (as McCain admits). They just blow with the wind.<BR/><BR/>Maria, I wonder if that is one reason the GOP does these things or allows them to happen - if you're spending all your money in Iraq, for instance, you won't have any left over for universal health care, which they don't believe in. Solves the problem for them.Mauigirlhttps://www.blogger.com/profile/15529827915262851910noreply@blogger.comtag:blogger.com,1999:blog-34240686.post-45308577071631079162008-10-02T08:01:00.000-04:002008-10-02T08:01:00.000-04:00Great post. One can only imagine when there will b...Great post. One can only imagine when there will be any money to institute a national healthcare system after we bail out all these failed systems.<BR/>We must get out of Iraq. We cannot afford these failed Bush policies to drain out infrastructure.Mariamariacuchitahttps://www.blogger.com/profile/16795651584150694329noreply@blogger.comtag:blogger.com,1999:blog-34240686.post-75730119247366645262008-10-01T10:00:00.000-04:002008-10-01T10:00:00.000-04:00Really good post, MG! I love how one day McCain an...Really good post, MG! <BR/><BR/>I love how one day McCain and Bush are all, the economy's fine - and the next - OMFG we're in a meltdown. But it's not our fault, it's theirs! Riiiight.Candacehttps://www.blogger.com/profile/10488301409338243686noreply@blogger.comtag:blogger.com,1999:blog-34240686.post-82819670685091067612008-09-30T23:42:00.000-04:002008-09-30T23:42:00.000-04:00the legislators are responsible for their votes. t...the legislators are responsible for their votes. they are accountable to their constituents, and they are expected to vote with the best interests of country in mind. they cannot shift blame for their decision to another legislator's speech.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34240686.post-75014652176266471352008-09-30T17:03:00.000-04:002008-09-30T17:03:00.000-04:00My hold problem is this Maugirl, who will be the r...My hold problem is this Maugirl, who will be the regulators?<BR/><BR/>We cannot count on the House and Senate to do the job...that speaks for itself.<BR/><BR/>We cannot hire the same people that got us in this mess from Wall Street to do the job. So Who would you consider to regulate financial institutions?<BR/><BR/>Great post by the way!LET'S TALKhttps://www.blogger.com/profile/06073006900180885164noreply@blogger.comtag:blogger.com,1999:blog-34240686.post-61499969501752976142008-09-30T16:14:00.000-04:002008-09-30T16:14:00.000-04:00I suspect the bozos know no more ab out whether th...I suspect the bozos know no more ab out whether the bailout was good or bad than we do. They are running for re-election and this is about the only time they pay attention to the voters. <BR/><BR/>What really terrifies me is that this "free market" economy is leading to super super conglomerates and there will soon be little or no competition. The mega leaders will be our new rulers, and politicans will become as the dinosaurs.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34240686.post-81072538053283499592008-09-30T12:09:00.000-04:002008-09-30T12:09:00.000-04:00I for one am not particularly encouraged by the ol...I for one am not particularly encouraged by the old-line Democrats like Pelosi who have been around forever. I hold them just as accountable as the Republicans.<BR/><BR/>I wish we could throw them all out and start over with a fresh crop.Comrade Kevinhttps://www.blogger.com/profile/11393718048145784837noreply@blogger.comtag:blogger.com,1999:blog-34240686.post-21487823839569999772008-09-30T08:08:00.000-04:002008-09-30T08:08:00.000-04:00Great post Maugirl, on a dark day.Well it is just ...Great post Maugirl, on a dark day.<BR/><BR/>Well it is just one giant clusterfuck now, fingers pointing, wah-wah babies crying and millionaires trembling.<BR/><BR/>The rest of us are simply just screwed.Franhttps://www.blogger.com/profile/07181529277715646835noreply@blogger.comtag:blogger.com,1999:blog-34240686.post-69807696545455314242008-09-30T02:13:00.000-04:002008-09-30T02:13:00.000-04:00I think the Stock Market is just having a hissy fi...I think the Stock Market is just having a hissy fit because they didn't get what they wanted. Make a reasonable deal and I wouldn't have nearly the problems accepting a bailout but it seems as if they want their cake and to eat it too.Life As I Know It Nowhttps://www.blogger.com/profile/03733963455243806298noreply@blogger.comtag:blogger.com,1999:blog-34240686.post-25842228843162615382008-09-30T00:48:00.000-04:002008-09-30T00:48:00.000-04:00Funny, the Pelosi speech is no big deal, she said ...Funny, the Pelosi speech is no big deal, she said Bush has failed policies & is reckless.<BR/>As far as I am concerned, she just stated the obvious.<BR/>These cranks on the hill are running scared because it is an election year.Franhttps://www.blogger.com/profile/14198689517878201943noreply@blogger.comtag:blogger.com,1999:blog-34240686.post-40487261609865024992008-09-29T20:46:00.000-04:002008-09-29T20:46:00.000-04:00What a bunch of petulant children. I don't know if...What a bunch of petulant children. I don't know if they came up with the right solution or not in this particular bailout plan, but I do know that Wall Street cannot crash without taking Main Street down with it. This stupid war that's being perpetuated between the two is ridiculous. And now people refuse to cooperate because their feelings are hurt. I'm really angry, and as I said, I don't even know if this was a good plan. Political grandstanding while the economy goes down in flames.<BR/><BR/>Sigh.Ruth Hull Chatlienhttps://www.blogger.com/profile/08797146501548509911noreply@blogger.comtag:blogger.com,1999:blog-34240686.post-70940012786974522202008-09-29T18:23:00.000-04:002008-09-29T18:23:00.000-04:00This is the best bit of writing on this mess I've ...This is the best bit of writing on this mess I've read on how all this shakes out in the financial sector, but read Dcups post on this for the personal perspective. These posts should be read side by side. Nice job.Utah Savagehttps://www.blogger.com/profile/16385093247915560752noreply@blogger.com