CalvinBall wrote:

karn wrote:My Democratic congressman voted 'no' and I immediately e-mailed him a 'thank you' note.

I can't get to Pitts' website to see his email. Everyone must be emailing their congressman or the Greater Depression has begun leading to a crash of the internet.

Pitts was a no.

I'm not getting that student loan, am I?

DOW down 530 right now. That is almost a 5 percent change. That is crazy.

TenuredVulture wrote:

CalvinBall wrote:

karn wrote:My Democratic congressman voted 'no' and I immediately e-mailed him a 'thank you' note.

I can't get to Pitts' website to see his email. Everyone must be emailing their congressman or the Greater Depression has begun leading to a crash of the internet.

Pitts was a no.

I know. I wanted to thank him like Karn did with whoever represents him.

Karn,
I really tend to disagree. We've got, what, 350 billion dollars at risk? What's that? A few months in Iraq? And of that, I'd expect even in the worst case scenario that only about 250 billion could actually disappear. On the other side, you have a large percentage of GREAT DEPRESSION HOLY CRAP. Now, I don't know what the percentages are, but I am extremely confident that the side with no bailout has a higher catastrophic risk percentage than the side with bailout.

Fixed to say billions. I'm still comfortable with that. (PS - I know it doesn't cost 350 Billion for 3 months in Iraq. But I'm comfortable with the statement.)

When every retiring member votes one way, and most members in a tough race vote the other, you know that one set made the right vote and the other made the easy vote.

on a side note- anyone know how I can figure out my ward and district number, I have my absentee ballot to send back and I need to fill that info in

buy low!!! who wants in on a beach house (investment) and some amalgamated spats, congreve's inflammable powder, and U.S. hay?

jeff2sf wrote:Karn,
I really tend to disagree. We've got, what, 350 million dollars at risk? What's that? A few months in Iraq? And of that, I'd expect even in the worst case scenario that only about 250 million could actually disappear. On the other side, you have a large percentage of GREAT DEPRESSION HOLY CRAP. Now, I don't know what the percentages are, but I am extremely confident that the side with no bailout has a higher catastrophic risk percentage than the side with bailout.

Jeff

Billion, not million.

jerseyhoya wrote:

jeff2sf wrote:Karn,
I really tend to disagree. We've got, what, 350 million dollars at risk? What's that? A few months in Iraq? And of that, I'd expect even in the worst case scenario that only about 250 million could actually disappear. On the other side, you have a large percentage of GREAT DEPRESSION HOLY CRAP. Now, I don't know what the percentages are, but I am extremely confident that the side with no bailout has a higher catastrophic risk percentage than the side with bailout.

Jeff

Billion, not million.

Billyuns and Billyuns

The Red Tornado wrote:on a side note- anyone know how I can figure out my ward and district number, I have my absentee ballot to send back and I need to fill that info in

They ask for that info so you don't bother to vote. If you can locate your voter registration card, the info should be there.

TenuredVulture wrote:

The Red Tornado wrote:on a side note- anyone know how I can figure out my ward and district number, I have my absentee ballot to send back and I need to fill that info in

They ask for that info so you don't bother to vote. If you can locate your voter registration card, the info should be there.

I dont even have that, I always use my license

The Red Tornado wrote:

TenuredVulture wrote:

The Red Tornado wrote:on a side note- anyone know how I can figure out my ward and district number, I have my absentee ballot to send back and I need to fill that info in

They ask for that info so you don't bother to vote. If you can locate your voter registration card, the info should be there.

I dont even have that, I always use my license

Call your county clerk.

jeff2sf wrote:Karn,
I really tend to disagree. We've got, what, 350 million dollars at risk? What's that? A few months in Iraq? And of that, I'd expect even in the worst case scenario that only about 250 million could actually disappear. On the other side, you have a large percentage of GREAT DEPRESSION HOLY CRAP. Now, I don't know what the percentages are, but I am extremely confident that the side with no bailout has a higher catastrophic risk percentage than the side with bailout.

Jeff

I still think that the chance of a depression without the bailout money is slim. There are enough measures in place made during the time before disaster capitalism to keep that from truly happening. I'll admit that my take is marginally narcissistic given my comparatively low stakes position. And maybe I'm too idealistic in thinking that the failure of this plan -simply a further down the spiral response to the root causes that brought us here- will finally, finally necessitate a type of cleansing to financial markets gone so far haywire that they needed to be forcibly stopped in this manner. But I'm still young enough to be comfortable in my idealism.

karn wrote:

jeff2sf wrote:Karn,
I really tend to disagree. We've got, what, 350 million dollars at risk? What's that? A few months in Iraq? And of that, I'd expect even in the worst case scenario that only about 250 million could actually disappear. On the other side, you have a large percentage of GREAT DEPRESSION HOLY CRAP. Now, I don't know what the percentages are, but I am extremely confident that the side with no bailout has a higher catastrophic risk percentage than the side with bailout.

Jeff

I still think that the chance of a depression without the bailout money is slim. There are enough measures in place made during the time before disaster capitalism to keep that from truly happening. I'll admit that my take is marginally narcissistic given my comparatively low stakes position. And maybe I'm too idealistic in thinking that the failure of this plan -simply a further down the spiral response to the root causes that brought us here- will finally, finally necessitate a type of cleansing to financial markets gone so far haywire that they needed to be forcibly stopped in this manner. But I'm still young enough to be comfortable in my idealism.

Jeff, don't you mean billion?

In the world I see - you are stalking elk through the damp canyon forests around the ruins of Rockefeller Center. You'll wear leather clothes that will last you the rest of your life. You'll climb the wrist-thick kudzu vines that wrap the Sears Tower. And when you look down, you'll see tiny figures pounding corn, laying strips of venison on the empty car pool lane of some abandoned superhighway.

First thing that popped into my head when I saw it didn't pass. Cramer is going to be going ape shit tonight.

Jeff I think you meant billion.

He likely meant billion.

Karn, please edit your post to edit my post about billions not millions. My character will not be held hostage by your wanton disregard for figures.

Anyway, I'm interested in the long term political implications. The failure of the bill shows that there are a lot of angry people out there. And, I believe that it will be pretty easy to identify this bill with McCain, even though Obama didn't oppose it, he didn't go all "I'm suspending my campaign" to try to pass it either.

Over on Redstate, they're saying, "Nancy Pelosi didn't get this done and this shows she has no leadership" but I'm having a hard time figuring out how conservatives can capitalize on that. Yeah, Nancy Pelosi had a hard time convincing liberals in her own party to trust George Bush, especially when conservatives in Bush's own party didn't trust him.

The failure of the bailout was at least 8 years in the making.