The Okey Doke

Posted on 11/12/2008 at 10:55 am by Bob Cesca

by Lee Stranahan

So now Treasury Secretary Paulson is saying they won’t be buying those bad mortgage assets. But one of the arguments made about the bailout was that by buying those assets, the value could eventually rise and the taxpayers stood a chance of actually getting some of the bailout money back. So, there goes that. Right?

This bailout needs some Obama oversight as soon as f-cking possible.

This entry was posted in Uncategorized and tagged , , , . Bookmark the permalink.
  • Jan

    WHAT. A. CLUSTER____.In the meantime 700B poof GONE. CEO bonuses, fancy conferences.Boy, did WE get taken once again by the Bush administration. And the Congress is WHERE???Friggin’ joke. Now Amex wants a few billion, the car companies want a bailout, AIG wants MORE $.Astounding.

  • http://livefreeordie08.wordpress.com LiveFreeOrDie08

    The Republicans are being foreclosed on. Have you ever walked into a house that’s been foreclosed on? It can be a pretty ugly site. Paulson Liquidators, LLC are working feverishly to get as much cash out the door as they possibly can before the doors get chained shut. This bailout has always been a scam from day one. We unfortunately had no option but to accept it, though, because they held all the cards.I think Obama’s legal eagles should make a case to the Supremes that etraordinary circumstances require that he take the Oath of Office ASAP, else there won’t be any sinks, lighting fixtures, or copper wire in the walls by the time the Democrats take over the lease.

  • Jan

    And our treasury will be drained so no money for Obama to go forward on his initiatives.Guess that’s the point.I must be dumb but can’t the spineless Congress do something to stop the money drain???

  • jmrunning3

    LFoD08, you are spot on. I can’t remember where I read it recently, but someone else made the same connections you made. The outgoing regime is burning the fields and raiding the treasury. I think the old version of the GOP knows the game is over and they have lost and they are going to pillage everything they can on the way out. I’m glad they have been shown the door, but it’s going to take a strong president and congress to clean up the mess. The ENTIRE mess.