Economic Stimulus

Out of context: Reply #31

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  • TheBlueOne0

    Today:

    "The federal government and JPMorgan Chase & Co. teamed up on a bailout of Bear Stearns Cos. on Friday, a last-ditch move to save the investment bank, which acknowledged its dire financial straits after a week of firm denials. Bear Stearns lost half of its value within 30 minutes of the market open."

    http://www.cnbc.com/id/23630221/…

    Yesterday:

    "Bear Stearns Cos (BSC.N: Quote, Profile, Research) Chief Executive Alan Schwartz on Wednesday dismissed recurring speculation that the investment bank faces a cash crunch, saying it has hefty cash reserves that have remained little changed this year."

    http://www.reuters.com/article/b…

    The fact is we have NO idea of how bad this shit is. These corporate whores will keep lying and lying about how bad it really is until reality fucks them and us up the ass with a .357, which seems to be happening right...about....now

    TheBlueOne 0Permalink
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    • corp irresponisbility is a major problem right now; but how about the irresponsibility of millions of avg americans who have overextended their credit lines in order to have the next big thingDUKIE0822
    • have overextended their credit lines in order to have the next big thing..it is time that we take responsibility for ourselves instead of looking to blame the big bad buisness manDUKIE0822
    • instead of blaming the big bad buisness manDUKIE0822
    • just a hall of mirrors. are gov and business reflecting us or vice versa. chicken or egg?skelly_b
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