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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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I would like to know how we (the Govt) can afford these bank bailouts
can someone please explain this to me?
where are we/the Gov't getting trillions of $'s to pay for all of this?  
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Posted 9/19/08 6:40 PM  |
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Phyl
R.I.P. Sweet Mia ♥
Member since 5/06 28918 total posts
Name:
The Mystical Azzhorse! ™
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Re: I would like to know how we (the Govt) can afford these bank bailouts
Out of their Azz
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| Posted 9/19/08 6:41 PM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: I would like to know how we (the Govt) can afford these bank bailouts
Posted by Phyl
Out of their Azz
is there a mint under some Gov't building that were not aware of? I mean seriously... we were in a huge deficit BEFORE the Fanny & Freddie bailout. now add all the other bailouts and billions they've been throwing out there this past week - I am totally  
where is all this $ coming from??
Message edited 9/19/2008 6:44:36 PM.
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| Posted 9/19/08 6:43 PM |
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Phyl
R.I.P. Sweet Mia ♥
Member since 5/06 28918 total posts
Name:
The Mystical Azzhorse! ™
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Re: I would like to know how we (the Govt) can afford these bank bailouts
It gives me a huge headache trying to think about all this stuff
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| Posted 9/19/08 6:45 PM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: I would like to know how we (the Govt) can afford these bank bailouts
Posted by Phyl
It gives me a huge headache trying to think about all this stuff
makes me wonder who the heck would even WANT to be President! what a cluster 
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| Posted 9/19/08 6:48 PM |
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Phyl
R.I.P. Sweet Mia ♥
Member since 5/06 28918 total posts
Name:
The Mystical Azzhorse! ™
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Re: I would like to know how we (the Govt) can afford these bank bailouts
Posted by SweetestOfPeas
Posted by Phyl
It gives me a huge headache trying to think about all this stuff
makes me wonder who the heck would even WANT to be President! what a cluster
A HUGE Cluster
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| Posted 9/19/08 6:51 PM |
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DirtyBlonde
*****
Member since 11/07 7344 total posts
Name:
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Re: I would like to know how we (the Govt) can afford these bank bailouts
there is a 200 billion dollar reserve
you can read about it here
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| Posted 9/19/08 6:52 PM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: I would like to know how we (the Govt) can afford these bank bailouts
interesting. thanks for posting that.
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| Posted 9/19/08 6:54 PM |
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Phyl
R.I.P. Sweet Mia ♥
Member since 5/06 28918 total posts
Name:
The Mystical Azzhorse! ™
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Re: I would like to know how we (the Govt) can afford these bank bailouts
Posted by SweetestOfPeas
interesting. thanks for posting that.
D post me the cliff notes I have a headache
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| Posted 9/19/08 6:56 PM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: I would like to know how we (the Govt) can afford these bank bailouts
Posted by Phyl
Posted by SweetestOfPeas
interesting. thanks for posting that.
D post me the cliff notes I have a headache
the Fed has a $200B reserve
$85 was not handed over to AIG this week, but it's there if they need it within the next 24 months
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| Posted 9/19/08 6:58 PM |
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Phyl
R.I.P. Sweet Mia ♥
Member since 5/06 28918 total posts
Name:
The Mystical Azzhorse! ™
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Re: I would like to know how we (the Govt) can afford these bank bailouts
Posted by SweetestOfPeas
Posted by Phyl
Posted by SweetestOfPeas
interesting. thanks for posting that.
D post me the cliff notes I have a headache
the Fed has a $200B reserve
$85 was not handed over to AIG this week, but it's there if they need it within the next 24 months
Thanks  
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| Posted 9/19/08 7:00 PM |
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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Re: I would like to know how we (the Govt) can afford these bank bailouts
Posted by Phyl
Out of their Azz
Unfortunately, the Gov'ts Azz is the collective of OUR azzes..... 
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| Posted 9/22/08 9:43 AM |
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wannabemom
look who's freshly baked!
Member since 12/07 7364 total posts
Name:
aka marriedinportjeff
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Re: I would like to know how we (the Govt) can afford these bank bailouts
fyi- our 'azzes' is really china 
we buy cheep stuff from china, money goes to china, and china in turn invests that money.... finances our fed debt and buys up our assets.
so china is #1, but many other nations you would never EVER suspect are also loaning us billions.
Message edited 9/22/2008 9:53:07 AM.
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| Posted 9/22/08 9:52 AM |
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Phyl
R.I.P. Sweet Mia ♥
Member since 5/06 28918 total posts
Name:
The Mystical Azzhorse! ™
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Re: I would like to know how we (the Govt) can afford these bank bailouts
Posted by GoldenRod
Posted by Phyl
Out of their Azz
Unfortunately, the Gov'ts Azz is the collective of OUR azzes.....
Thus the reason for the headache I have
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| Posted 9/22/08 10:04 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: I would like to know how we (the Govt) can afford these bank bailouts
I heard the money is going to be coming from us- the tax payers
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| Posted 9/22/08 12:09 PM |
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HoneyBadger
YourWorstNightmare.
Member since 10/06 15979 total posts
Name:
BahBahBlackJeep
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Re: I would like to know how we (the Govt) can afford these bank bailouts
Posted by wannabemom
fyi- our 'azzes' is really china
we buy cheep stuff from china, money goes to china, and china in turn invests that money.... finances our fed debt and buys up our assets.
so china is #1, but many other nations you would never EVER suspect are also loaning us billions.
I've heard this too.
Can you or anyone else elaborate on this...
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| Posted 9/22/08 12:20 PM |
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charon54
My two boys!
Member since 5/05 7279 total posts
Name:
Rebecca
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Re: I would like to know how we (the Govt) can afford these bank bailouts
Posted by Jennie0898
Posted by wannabemom
fyi- our 'azzes' is really china
we buy cheep stuff from china, money goes to china, and china in turn invests that money.... finances our fed debt and buys up our assets.
so china is #1, but many other nations you would never EVER suspect are also loaning us billions.
I've heard this too.
Can you or anyone else elaborate on this...
If you listen to podcasts, NPR's Planet Money did a podcast on this a few weeks ago. You can download it through Itunes. I am only about halfway through, but it explains the relationship of China to Fannie and Freddie.
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| Posted 9/22/08 12:48 PM |
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charon54
My two boys!
Member since 5/05 7279 total posts
Name:
Rebecca
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Re: I would like to know how we (the Govt) can afford these bank bailouts
Thought this was an interesting article from CNN money:
Bailout
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| Posted 9/22/08 12:55 PM |
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metagefken
LIF Adolescent
Member since 5/08 679 total posts
Name:
J
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Re: I would like to know how we (the Govt) can afford these bank bailouts
whether its borrowed, taken from a reserve or printed, the hard truth is that all of us are going to be paying for this for a very long time to come.
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| Posted 9/22/08 12:58 PM |
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