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Tuesday Afternoon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 10:32 AM
Original message
Wednesday Morning Questions
All this bail-out/Loan Money; where is it coming from? The Government? Is it money that we already have (?!) or, is it to come from Taxes that have yet to be paid? Or what? How? Who? When? B-)

How is all this going to work out?:scared:

I guess when/if we Loan it (Auto Industry), it is to be paid back by the borrowers, right?
Where is it coming from in the first place?:shrug:

If it is a Bail-Out (Wall Street), doesn't that mean that we, the taxpayers are giving them the money and they don't have to pay it back?:shrug:

Am I the only confused person who does not understand? :crazy:

Do I really want to know?:yoiks:

Is it true that ignorance is bliss?:dunce:

Will I get any serious answers?:D
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 10:38 AM
Response to Original message
1. Listen, you.
I come in here to avoid this kind of reality. :P

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Tuesday Afternoon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 10:42 AM
Response to Reply #1
2. believe it or not...
I thought I hit preview...I about shit a gold brick when I realized I had hit post :blush:

I realize this is GD...but those people scare me.
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 11:07 AM
Response to Reply #2
6. The subject line had me thinking this would be
one of those threads where a lot of silly questions are asked... did you do that on purpose? :D

After watching this economic situation develop over the past 4-6 years, and seeing how seemingly ignorant of it most of the people "in charge" seem to be, I am starting to think they are unbelievably stupid.
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Tuesday Afternoon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 11:15 AM
Response to Reply #6
9. well, I sweated posting this at all... I really did. and Yes, I did
decide that since this is the Lounge I would take a light-hearted approach to it all.

What a mess, right?

I am just glad to see that I am not the only one.

Thanks. redqueen :hug:

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Tuesday Afternoon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 11:04 AM
Response to Original message
3. Am I the only one that feels like they are watching
toddlers playing a Monopoly Game. :hide:

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rcrush Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 11:06 AM
Response to Original message
4. HEY This post isnt about puppies!
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Tuesday Afternoon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 11:09 AM
Response to Reply #4
7. Hey..You're right! It is about Kitties !!
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ScreamingMeemie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 11:06 AM
Response to Original message
5. The only answer I know is that I have watched several of my
friends and family members lose their jobs, homes and self worth over this, and something has to give.

I only wished people had cared more about it 3 years ago when I started posting threads in GD. :(
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Tuesday Afternoon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 11:29 AM
Response to Reply #5
11. I started talikng about this years ago...back in the mid-90's
all those house loans at 125% value of the already inflated "appraisal" of the real estate. At the same time manufacturing jobs were going at a staggering rate. The tech "bubble".

I cared, MrsGrumpy. You were not alone. :hug:
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ScreamingMeemie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 11:42 AM
Response to Reply #11
14. I've been an appraiser for 8 years and no one ever listened to me
when I told them there was no bubble. :(
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Tuesday Afternoon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 11:57 AM
Response to Reply #14
15. speaking of Mothers...
I would try to explain all this to mine....She would tell me I was crazy and a pessimist. Damn, I hate it takes bringing the entire country to its knees for me to be able to tell my Mother:

I TOLD YOU SO!!!!

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1gobluedem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 11:14 AM
Response to Original message
8. I can't talk about this without getting too angry
I love my state and I hate the indifference and disdain it's getting from Congress over this. :mad:
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Tuesday Afternoon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 11:30 AM
Response to Reply #8
12. Yes,
My state too...we are fucked. so damn fucked. :grr:
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Deep13 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 11:16 AM
Response to Original message
10. snarky responses
"All this bail-out/Loan Money; where is it coming from? The Government? Is it money that we already have (?!) or, is it to come from Taxes that have yet to be paid? Or what? How? Who? When?"

Let's just say a lot a lot of rainbows are missing their pots of gold.

"How is all this going to work out?"

Al-l-l-l ri-i-i-ght now, baby it's all right now!

"I guess when/if we Loan it (Auto Industry), it is to be paid back by the borrowers, right? Where is it coming from in the first place?"

Warren Buffet's mattress.

"If it is a Bail-Out (Wall Street), doesn't that mean that we, the taxpayers are giving them the money and they don't have to pay it back?"

We have a winnah!

"Am I the only confused person who does not understand?"

No-o-o-o. Oh my, no.

"Do I really want to know?"

Quiet, I'm learning conversational Chinese.

"Is it true that ignorance is bliss?"

Morpheus, I know kung-fu!

"Will I get any serious answers?"

Reply hazy, try again later.
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Tuesday Afternoon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 11:33 AM
Response to Reply #10
13. hee hee...thanks for the giggles.
:)

the conversational Chinese....good plan, my friend, good plan ;)
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