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A Real Boater

wrote:
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.

Ahhh. You're assuming "stocks" actually have value beyond their use as
chips on the gambling table.

I think at the base of the current problem is the fact that the Bush
Administration doesn't have the juice to get anything done. No one
trusts Bush.

At the moment, the Dow is down about 500.

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