Bailout failed, Down 777 points.....

[D1lD0]

Lol unfortunately if we do have another great depression Canada will also feel the effects of it.

[whytboiz33]

thats garbage. how is it possible that canada's econmy thrives off of america's? thats malarky.

[whytboiz33]

oh yeah. catch the sarcasm in that post.

why must we always compare countries? if youre not happy in the best country in the world(in all aspects of anything). then move to russia, france, g.b.(not green bay), or even china. you communist, cult loving homos.

[ManBearPig <ibis>]

In many ways the U.S. does suck fat dick. But we have the NFL so it kinda cancels the shitty stuff out.

[ZERO]

FYI, the reason that the market is getting pwned and swinging up and down randomly is b/c of uncertainty; just the shear fact that the gov is being unclear as to what they are going to do is causing the current problems.

For example:
You got bad debt that the gov thinks that it might buy.
Some guy that wants to buy the debt is making offers
You know the gov will over pay so you hold on to it until you are sure if they are going to bail you out.

At the end of the day regardless of if there is a bail out or not a lot of the bad debt is going to be soled and the companies will have losses but still exist. The difference is who will own the bad debt, some guy that has like 100 years to sit around and wait for the rest of it to come in and make a decent profit, or the gov that does not even have the money to pay for the shit that it already owns...

In the end I have finally concluded that this whole thing really is just a bad idea...