Comments on: America says bring on the bailout http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/ Commentary on the economy, the markets, and business Sat, 28 Nov 2009 19:11:37 +0000 http://wordpress.com/ hourly 1 By: Dad http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/comment-page-1/#comment-10933 Dad Wed, 24 Sep 2008 00:12:30 +0000 http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/#comment-10933 Just to add to my previous comment - the infrastructure additions we're really going to need badly are high speed rail lines, subsidized energy plants and desalinization plants. And lots and lots of levees - we're already too late to stop global warming. The arctic tundra is beginning to release CO2 at a higher rate than we can possibly compensate for. Just to add to my previous comment - the infrastructure additions we're really going to need badly are high speed rail lines, subsidized energy plants and desalinization plants. And lots and lots of levees - we're already too late to stop global warming. The arctic tundra is beginning to release CO2 at a higher rate than we can possibly compensate for.

]]> By: That Anonymous Dude http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/comment-page-1/#comment-10932 That Anonymous Dude Tue, 23 Sep 2008 22:13:04 +0000 http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/#comment-10932 @justin "And you probably won't be leaving office in January. A brilliant idea." heck no, i'd be leaving as soon as that $700 trillion dollar check cleared. @justin
"And you probably won't be leaving office in January. A brilliant idea." heck no, i'd be leaving as soon as that $700 trillion dollar check cleared.

]]> By: That Anonymous Dude http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/comment-page-1/#comment-10931 That Anonymous Dude Tue, 23 Sep 2008 22:08:43 +0000 http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/#comment-10931 @dad if you believe mccain, obama will tax those profits to nothing (tho i'm not sure how the gov't taxes itself, but those pesky dems will find a way!) @dad

if you believe mccain, obama will tax those profits to nothing (tho i'm not sure how the gov't taxes itself, but those pesky dems will find a way!)

]]> By: Dad http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/comment-page-1/#comment-10930 Dad Tue, 23 Sep 2008 21:52:33 +0000 http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/#comment-10930 I just wish we could put some of that $700 billion into badly needed infrastructure improvement - roads, schools etc. Think of the jobs that would create. I guess we'll just have to use the profits from our investment? I just wish we could put some of that $700 billion into badly needed infrastructure improvement - roads, schools etc. Think of the jobs that would create.

I guess we'll just have to use the profits from our investment?

]]> By: Justin Fox http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/comment-page-1/#comment-10929 Justin Fox Tue, 23 Sep 2008 21:26:02 +0000 http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/#comment-10929 <em>And</em> you probably won't be leaving office in January. A brilliant idea. And you probably won't be leaving office in January. A brilliant idea.

]]> By: That Anonymous Dude http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/comment-page-1/#comment-10928 That Anonymous Dude Tue, 23 Sep 2008 21:22:04 +0000 http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/#comment-10928 I have (as always) an alternative plan. Send me 700 billion with no to limited oversight. I will take on all sorts of assets at some sort of price and do something with them. Should I fail, the bailout will be simpler, since only one institution, me, will need to be rescued. I have (as always) an alternative plan.

Send me 700 billion with no to limited oversight. I will take on all sorts of assets at some sort of price and do something with them. Should I fail, the bailout will be simpler, since only one institution, me, will need to be rescued.

]]> By: Justin Fox http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/comment-page-1/#comment-10927 Justin Fox Tue, 23 Sep 2008 21:20:39 +0000 http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/#comment-10927 Although the poll question does say "investing," which would imply that we might get all our money back. Although the poll question does say "investing," which would imply that we might get all our money back.

]]> By: Justin Fox http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/comment-page-1/#comment-10926 Justin Fox Tue, 23 Sep 2008 21:17:41 +0000 http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/#comment-10926 Good point. Good point.

]]> By: rrsafety http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/comment-page-1/#comment-10925 rrsafety Tue, 23 Sep 2008 21:11:54 +0000 http://curiouscapitalist.blogs.time.com/2008/09/23/america_says_bring_on_the_bail/#comment-10925 It would have been foolish to say "$700 billion" because it is not going to cost taxpayers anywhere near $700 billion. Put it this way, if all these mortgage assets go to $0, this nation will have more serious problems than a deficit. It will mean our houses are worth nothing... It would have been foolish to say "$700 billion" because it is not going to cost taxpayers anywhere near $700 billion.

Put it this way, if all these mortgage assets go to $0, this nation will have more serious problems than a deficit. It will mean our houses are worth nothing...

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