Comments on: We’re crashing: Can we figure out a way to land safely? http://newmexicoindependent.com/2027/we%e2%80%99re-crashing-can-we-figure-out-a-way-to-land-safely New Mexico news and politics Fri, 02 Sep 2011 18:15:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: TheEd http://newmexicoindependent.com/2027/we%e2%80%99re-crashing-can-we-figure-out-a-way-to-land-safely#comment-20901 TheEd Sat, 27 Sep 2008 01:26:37 +0000 http://newmexicoindependent.com/?p=2027#comment-20901 Let the Free Market correct it's self. Plus all the prior attempts to avoid or fix the meltdown to date has totaled almost 900 billion (AIG 85B, Fannie/Freddie 200B, FHA 300B, JPMorgan 120B, etc.) and still the market has not corrected. So now Bush and Congress want to add another 700 billion for the Bailout. Remember the subprime mortgages are only the tip of the iceberg of the so call "at risk assets". The CRASH WILL OCCUR REGARDLESS. Better to give the taxpayers the 700 Billion so that we can prepare for the CRASH. Let the Free Market correct it's self. Plus all the prior attempts to avoid or fix the meltdown to date has totaled almost 900 billion (AIG 85B, Fannie/Freddie 200B, FHA 300B, JPMorgan 120B, etc.) and still the market has not corrected. So now Bush and Congress want to add another 700 billion for the Bailout. Remember the subprime mortgages are only the tip of the iceberg of the so call “at risk assets”. The CRASH WILL OCCUR REGARDLESS. Better to give the taxpayers the 700 Billion so that we can prepare for the CRASH.

]]> By: TheEd http://newmexicoindependent.com/2027/we%e2%80%99re-crashing-can-we-figure-out-a-way-to-land-safely#comment-17808 TheEd Fri, 26 Sep 2008 20:26:37 +0000 http://newmexicoindependent.com/?p=2027#comment-17808 Let the Free Market correct it's self. Plus all the prior attempts to avoid or fix the meltdown to date has totaled almost 900 billion (AIG 85B, Fannie/Freddie 200B, FHA 300B, JPMorgan 120B, etc.) and still the market has not corrected. So now Bush and Congress want to add another 700 billion for the Bailout. Remember the subprime mortgages are only the tip of the iceberg of the so call "at risk assets". The CRASH WILL OCCUR REGARDLESS. Better to give the taxpayers the 700 Billion so that we can prepare for the CRASH. Let the Free Market correct it's self. Plus all the prior attempts to avoid or fix the meltdown to date has totaled almost 900 billion (AIG 85B, Fannie/Freddie 200B, FHA 300B, JPMorgan 120B, etc.) and still the market has not corrected. So now Bush and Congress want to add another 700 billion for the Bailout. Remember the subprime mortgages are only the tip of the iceberg of the so call “at risk assets”. The CRASH WILL OCCUR REGARDLESS. Better to give the taxpayers the 700 Billion so that we can prepare for the CRASH.

]]> By: TheEd http://newmexicoindependent.com/2027/we%e2%80%99re-crashing-can-we-figure-out-a-way-to-land-safely#comment-9747 TheEd Fri, 26 Sep 2008 19:26:37 +0000 http://newmexicoindependent.com/?p=2027#comment-9747 Let the Free Market correct it's self. Plus all the prior attempts to avoid or fix the meltdown to date has totaled almost 900 billion (AIG 85B, Fannie/Freddie 200B, FHA 300B, JPMorgan 120B, etc.) and still the market has not corrected. So now Bush and Congress want to add another 700 billion for the Bailout. Remember the subprime mortgages are only the tip of the iceberg of the so call "at risk assets". The CRASH WILL OCCUR REGARDLESS. Better to give the taxpayers the 700 Billion so that we can prepare for the CRASH. Let the Free Market correct it's self. Plus all the prior attempts to avoid or fix the meltdown to date has totaled almost 900 billion (AIG 85B, Fannie/Freddie 200B, FHA 300B, JPMorgan 120B, etc.) and still the market has not corrected. So now Bush and Congress want to add another 700 billion for the Bailout. Remember the subprime mortgages are only the tip of the iceberg of the so call “at risk assets”. The CRASH WILL OCCUR REGARDLESS. Better to give the taxpayers the 700 Billion so that we can prepare for the CRASH.

]]> By: TheEd http://newmexicoindependent.com/2027/we%e2%80%99re-crashing-can-we-figure-out-a-way-to-land-safely#comment-1139 TheEd Fri, 26 Sep 2008 18:26:37 +0000 http://newmexicoindependent.com/?p=2027#comment-1139 Let the Free Market correct it's self. Plus all the prior attempts to avoid or fix the meltdown to date has totaled almost 900 billion (AIG 85B, Fannie/Freddie 200B, FHA 300B, JPMorgan 120B, etc.) and still the market has not corrected. So now Bush and Congress want to add another 700 billion for the Bailout. Remember the subprime mortgages are only the tip of the iceberg of the so call "at risk assets". The CRASH WILL OCCUR REGARDLESS. Better to give the taxpayers the 700 Billion so that we can prepare for the CRASH. Let the Free Market correct it's self. Plus all the prior attempts to avoid or fix the meltdown to date has totaled almost 900 billion (AIG 85B, Fannie/Freddie 200B, FHA 300B, JPMorgan 120B, etc.) and still the market has not corrected. So now Bush and Congress want to add another 700 billion for the Bailout. Remember the subprime mortgages are only the tip of the iceberg of the so call “at risk assets”. The CRASH WILL OCCUR REGARDLESS. Better to give the taxpayers the 700 Billion so that we can prepare for the CRASH.

]]> By: Thomas_James http://newmexicoindependent.com/2027/we%e2%80%99re-crashing-can-we-figure-out-a-way-to-land-safely#comment-1116 Thomas_James Thu, 25 Sep 2008 17:33:03 +0000 http://newmexicoindependent.com/?p=2027#comment-1116 Wrong, it was FDR's policies and regulation that led to unemployment raging at 20% ten years after he put in his policies that further contracted the economy. If it weren't for the WWII the country might never have revived. Wrong, it was FDR's policies and regulation that led to unemployment raging at 20% ten years after he put in his policies that further contracted the economy. If it weren't for the WWII the country might never have revived.

]]> By: Hemingway http://newmexicoindependent.com/2027/we%e2%80%99re-crashing-can-we-figure-out-a-way-to-land-safely#comment-1106 Hemingway Wed, 24 Sep 2008 23:13:08 +0000 http://newmexicoindependent.com/?p=2027#comment-1106 I am listening to President Bush lie to Americans again. He tells us that financial institiutions did not know about bad mortgages. LIES - just like weapons of mass destruction. This is an insult to our intelligence. American wake up to these lies. Repudiate this $700,000,000 bailout!!!!!!!!!!!!!!!!!!!!!!!!!! I am listening to President Bush lie to Americans again. He tells us that financial institiutions did not know about bad mortgages. LIES – just like weapons of mass destruction. This is an insult to our intelligence. American wake up to these lies. Repudiate this $700,000,000 bailout!!!!!!!!!!!!!!!!!!!!!!!!!!

]]> By: Hemingway http://newmexicoindependent.com/2027/we%e2%80%99re-crashing-can-we-figure-out-a-way-to-land-safely#comment-1105 Hemingway Wed, 24 Sep 2008 19:32:05 +0000 http://newmexicoindependent.com/?p=2027#comment-1105 We need firm leadership in this country. Our leaders have failed us and have sold their souls to lobbyists and greed. The Bush Administration has proved to be totally incompetent. I believe what Franklin Roosevelt said rings true today:<br><br>"I am certain that my fellow Americans expect that on my induction into the Presidency I will address them with a candor and a decision which the present situation of our people impel. This is preeminently the time to speak the truth, the whole truth, frankly and boldly. Nor need we shrink from honestly facing conditions in our country today. This great Nation will endure as it has endured, will revive and will prosper. So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself—nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance. In every dark hour of our national life a leadership of frankness and vigor has met with that understanding and support of the people themselves which is essential to victory. I am convinced that you will again give that support to leadership in these critical days." We need firm leadership in this country. Our leaders have failed us and have sold their souls to lobbyists and greed. The Bush Administration has proved to be totally incompetent. I believe what Franklin Roosevelt said rings true today:

“I am certain that my fellow Americans expect that on my induction into the Presidency I will address them with a candor and a decision which the present situation of our people impel. This is preeminently the time to speak the truth, the whole truth, frankly and boldly. Nor need we shrink from honestly facing conditions in our country today. This great Nation will endure as it has endured, will revive and will prosper. So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself—nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance. In every dark hour of our national life a leadership of frankness and vigor has met with that understanding and support of the people themselves which is essential to victory. I am convinced that you will again give that support to leadership in these critical days.”

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