Home |
Search |
Today's Posts |
#9
![]()
posted to rec.boats
|
|||
|
|||
![]()
On Sep 29, 1:55 pm, wrote:
On Sep 29, 1:47 pm, A Real Boater wrote: As the GOP House members vote down the bailout bill... --http://tinyurl.com/4q88t6 Well, that's what Pelosi gets for making it political right from day one to the last speech before the vote. This falls right in the lap of Dodd, Frank, and Obama who took more money from Freddie and Fannie than any other Congressman, save one and closely followed by Kerry. Even though the MSM has decided not to note the facts like they did with Enron, which was nothing compared to this, but this was dems so silence. If the dem leadership who caused this mess had just taken responsibility for not listening to Bush and McCain in the first place, we might be in a better positition. There is no way we should bail out banks that worked with Obama and Acorn to give loans to illegals and others who did not deserve, and had no intention of paying them... Lets be realistic. 30% of the value of the stock market is not in real estate so even if it falls 30% it will soon come back up to probably 90%. Of the roughly 10% that is involved in real estate, how much value will that real estate actually lose? I'd guess 30%. This tells me that 30% of 10% (maybe up to 20%) is in the range of 3%-6% loss of value in stocks, not a 30% loss. |