Comments on: how the bailout failure affects us http://www.bripblap.com/2008/how-the-bailout-failure-affects-us/ wealth, work and life success Fri, 19 Mar 2010 23:40:42 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Hot Link » Blog Archive » Sunday Links - Oct 5, 2008 http://www.bripblap.com/2008/how-the-bailout-failure-affects-us/comment-page-1/#comment-26264 Hot Link » Blog Archive » Sunday Links - Oct 5, 2008 Thu, 06 Nov 2008 13:50:52 +0000 http://www.bripblap.com/?p=580#comment-26264 [...] Lazy Man and Money has an entertaining post about Three Ridiculous and Stupid Ideas that Save You Money. Brip Blap explains how the bailout failure affects us. [...] [...] Lazy Man and Money has an entertaining post about Three Ridiculous and Stupid Ideas that Save You Money. Brip Blap explains how the bailout failure affects us. [...]

]]> By: Steve http://www.bripblap.com/2008/how-the-bailout-failure-affects-us/comment-page-1/#comment-29881 Steve Mon, 06 Oct 2008 07:18:54 +0000 http://www.bripblap.com/?p=580#comment-29881 Kelly, I think we'll see little change in the short term. Psychologically it's going to help the large corporations, and it may ease the credit market a bit. For the rest of us? I don't think we'll see much change until a few years from now when that $700 billion's been spent and the next financial crisis hits us. That money isn't just created from thin air - it represents loans from China, additional interest on the national debt and another groaning strain on the fiscal soundness of the US.<br><br>But I do expect in the short term it will help the market - more from warm-n-fuzzies than anything - and it will help calm foreign markets too. But we'll see - when Hank Paulson has to go to his buddies at Morgan or Citi or wherever and negotiate fair prices for worthless securities without any real oversight, we'll see how our money gets spent, won't we? Kelly, I think we'll see little change in the short term. Psychologically it's going to help the large corporations, and it may ease the credit market a bit. For the rest of us? I don't think we'll see much change until a few years from now when that $700 billion's been spent and the next financial crisis hits us. That money isn't just created from thin air – it represents loans from China, additional interest on the national debt and another groaning strain on the fiscal soundness of the US.

But I do expect in the short term it will help the market – more from warm-n-fuzzies than anything – and it will help calm foreign markets too. But we'll see – when Hank Paulson has to go to his buddies at Morgan or Citi or wherever and negotiate fair prices for worthless securities without any real oversight, we'll see how our money gets spent, won't we?

]]> By: bripblap http://www.bripblap.com/2008/how-the-bailout-failure-affects-us/comment-page-1/#comment-25960 bripblap Mon, 06 Oct 2008 00:18:54 +0000 http://www.bripblap.com/?p=580#comment-25960 Kelly, I think we'll see little change in the short term. Psychologically it's going to help the large corporations, and it may ease the credit market a bit. For the rest of us? I don't think we'll see much change until a few years from now when that $700 billion's been spent and the next financial crisis hits us. That money isn't just created from thin air - it represents loans from China, additional interest on the national debt and another groaning strain on the fiscal soundness of the US.<br><br>But I do expect in the short term it will help the market - more from warm-n-fuzzies than anything - and it will help calm foreign markets too. But we'll see - when Hank Paulson has to go to his buddies at Morgan or Citi or wherever and negotiate fair prices for worthless securities without any real oversight, we'll see how our money gets spent, won't we? Kelly, I think we'll see little change in the short term. Psychologically it's going to help the large corporations, and it may ease the credit market a bit. For the rest of us? I don't think we'll see much change until a few years from now when that $700 billion's been spent and the next financial crisis hits us. That money isn't just created from thin air – it represents loans from China, additional interest on the national debt and another groaning strain on the fiscal soundness of the US.

But I do expect in the short term it will help the market – more from warm-n-fuzzies than anything – and it will help calm foreign markets too. But we'll see – when Hank Paulson has to go to his buddies at Morgan or Citi or wherever and negotiate fair prices for worthless securities without any real oversight, we'll see how our money gets spent, won't we?

]]> By: Kelly Rusk http://www.bripblap.com/2008/how-the-bailout-failure-affects-us/comment-page-1/#comment-25942 Kelly Rusk Fri, 03 Oct 2008 18:22:39 +0000 http://www.bripblap.com/?p=580#comment-25942 What affect will it have now that the bailout bill has passed? <br><br><br>Though obviously your tips are helpful in any situation! What affect will it have now that the bailout bill has passed?

Though obviously your tips are helpful in any situation!

]]> By: Writer's Coin http://www.bripblap.com/2008/how-the-bailout-failure-affects-us/comment-page-1/#comment-25888 Writer's Coin Wed, 01 Oct 2008 09:49:56 +0000 http://www.bripblap.com/?p=580#comment-25888 Seriously, people worry way too much about all these things they have no control over, while their finances sit in the corner, neglected and suffocating. Seriously, people worry way too much about all these things they have no control over, while their finances sit in the corner, neglected and suffocating.

]]> By: jim http://www.bripblap.com/2008/how-the-bailout-failure-affects-us/comment-page-1/#comment-25868 jim Tue, 30 Sep 2008 21:09:56 +0000 http://www.bripblap.com/?p=580#comment-25868 A couple House Republicans did. :) A couple House Republicans did. :)

]]> By: womanintraining http://www.bripblap.com/2008/how-the-bailout-failure-affects-us/comment-page-1/#comment-25863 womanintraining Tue, 30 Sep 2008 14:49:27 +0000 http://www.bripblap.com/?p=580#comment-25863 Great article, thanks. I like what you had to say about kindness. It's worth its value in gold and we'll all be needing it more in the coming months. Great article, thanks. I like what you had to say about kindness. It's worth its value in gold and we'll all be needing it more in the coming months.

]]> By: scootdawg http://www.bripblap.com/2008/how-the-bailout-failure-affects-us/comment-page-1/#comment-25862 scootdawg Tue, 30 Sep 2008 11:53:41 +0000 http://www.bripblap.com/?p=580#comment-25862 you're dead on...worry about yourself and take care of your own house first. <br><br>You hit on something...Republicans are not conservative anymore. They are no different than Dems. Its just a matter of priorities and actions. But they both want the government to handle everything and it sucks.<br><br>And its also true about the presidential election. People take that more seriously than their city council who have way more influence over your day to day than the feds. you're dead on…worry about yourself and take care of your own house first.

You hit on something…Republicans are not conservative anymore. They are no different than Dems. Its just a matter of priorities and actions. But they both want the government to handle everything and it sucks.

And its also true about the presidential election. People take that more seriously than their city council who have way more influence over your day to day than the feds.

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