Re: ru$h on da bank

2008-09-26 Thread Gruss Gott
> Mo wrote: > Buffett would only benefit from a bailout of the insurance segment if > his insurance companies were failing. They aren't. So in a sense the > government is propping up his competitors. Why would he like that? > Except for insurance makes money by investing premiums and Buffet onl

Re: ru$h on da bank

2008-09-26 Thread Maureen
Buffett would only benefit from a bailout of the insurance segment if his insurance companies were failing. They aren't. So in a sense the government is propping up his competitors. Why would he like that? On Fri, Sep 26, 2008 at 7:45 AM, Gruss Gott <[EMAIL PROTECTED]> wrote: >> RoMunn wrote: >

Re: ru$h on da bank

2008-09-26 Thread Gruss Gott
> RoMunn wrote: > You must not have read the article. No, but then I don't need to. Tell me the reasons you think Buffet wouldn't like a government bailout of the financial sector which include insurance? ~| Adobe® ColdFusion® 8

Re: ru$h on da bank

2008-09-25 Thread Dana
I don't have the numbers; the numbers don't exist. The "plan" is a three-page document. I base my statement on Bernanke's statement to Congress the day before yesterday. On Thu, Sep 25, 2008 at 5:49 PM, Robert Munn <[EMAIL PROTECTED]> wrote: > Show me the math. You can't because you are wrong abou

Re: ru$h on da bank

2008-09-25 Thread Robert Munn
Show me the math. You can't because you are wrong about the basic math behind the plan. The only gain for firms that take up this plan is that they get to stay in business. They are going to lose their shirts on this deal- having to sell assets at ten or twenty cents on the dollar because they are

Re: ru$h on da bank

2008-09-25 Thread Dana
: Thursday, September 25, 2008 2:17 PM > To: cf-community > Subject: Re: ru$h on da bank > > a bailout in which the taxpayer has all the risk and Wall Street has > all the gain? I really don't think so bub. > > On Thu, Sep 25, 2008 at 12:38 PM, Robert Munn <[EMAIL PROTECTE

RE: ru$h on da bank

2008-09-25 Thread Jacob
If this bailout is a failure, can I write off my share as some type of capital gains loss on my taxes? ;-) -Original Message- From: Dana [mailto:[EMAIL PROTECTED] Sent: Thursday, September 25, 2008 2:17 PM To: cf-community Subject: Re: ru$h on da bank a bailout in which the taxpayer has

Re: ru$h on da bank

2008-09-25 Thread Dana
a bailout in which the taxpayer has all the risk and Wall Street has all the gain? I really don't think so bub. On Thu, Sep 25, 2008 at 12:38 PM, Robert Munn <[EMAIL PROTECTED]> wrote: > That smell is the Bush Derangement Kool-Aid. Get past your own partisan > beliefs and look at the big picture.

Re: ru$h on da bank

2008-09-25 Thread Robert Munn
You must not have read the article. Buffet likes the move from a purely financial gain perspective FOR THE FEDERAL GOVERNMENT. He thinks the Fed will come out way, way ahead. As he said, he would make the play himself if he had $700 billion in spare cash. On Thu, Sep 25, 2008 at 12:56 PM, Gruss

Re: ru$h on da bank

2008-09-25 Thread Gruss Gott
> RoMunn wrote: > Warren Buffet likes Paulson's plan: > Duh. Gee, I wonder what an investor would think of using tax payer dollars to save the economy that investor is invested in ... ? H...? OF COURSE HE LIKES A TAX PAYER BAILOUT! ~

Re: ru$h on da bank

2008-09-25 Thread Robert Munn
That smell is the Bush Derangement Kool-Aid. Get past your own partisan beliefs and look at the big picture. Without a bailout, lending between financial institutions goes to zero and the economy grinds to a halt. On Thu, Sep 25, 2008 at 10:49 AM, Dana wrote: > I smell a last looting of the tre

Re: ru$h on da bank

2008-09-25 Thread Dana
I smell a last looting of the treasury before the current junta leaves power. On Thu, Sep 25, 2008 at 11:47 AM, Adam Churvis <[EMAIL PROTECTED]> wrote: >> I think it is also possible that the >> regulatory environment should be revised (not necessarily >> strengthened). > > Yes, you're right, of c

RE: ru$h on da bank

2008-09-25 Thread Adam Churvis
> I think it is also possible that the > regulatory environment should be revised (not necessarily > strengthened). Yes, you're right, of course. I meant complete inaction within the scope of the bailout itself: we don't need it. Respectfully, Adam Phillip Churvis President Productivity Enhan

Re: ru$h on da bank

2008-09-25 Thread Dana
I could be convinced of this. I think it is also possible that the regulatory environment should be revised (not necessarily strengthened). A bailout followed by an expectation that more of the same will lead to different results would be STOOPID. We have already been there, done that. RTC anyone?

RE: ru$h on da bank

2008-09-25 Thread Adam Churvis
> he is trying to stampede us the same way he stampeded us into the > patriot act and the war in iraq. No more stampedes I say. Whenever a salesman pushes you to act immediately and warns of grave consequences if you don't, you can always always ALWAYS just completely ignore him because he's lyin

Re: ru$h on da bank

2008-09-25 Thread Cameron Childress
On Thu, Sep 25, 2008 at 1:01 PM, Gruss Gott <[EMAIL PROTECTED]> wrote: > As for Cam's "there's nothing to worry about", well, I think Adam > articulately described exactly why there is. I am so not worried that I am going to go ahead and mark this thread. Creating an "I told you so" label in gm

Re: ru$h on da bank

2008-09-25 Thread Robert Munn
Warren Buffet likes Paulson's plan: http://www.bloomberg.com/apps/news?pid=20601087&sid=aRef_DUx6AcU&refer=worldwide ``I think the Treasury will pay back the $700 billion and make a considerable amount of money,'' Buffett said, adding that if he had $700 billion on the government's terms to buy d

RE: ru$h on da bank

2008-09-25 Thread Adam Churvis
> If you're worried about not getting dollars for your dollars, then > Adam is right. I'm right. Scroll down when you go here, and take a good, long, careful look at those numbers: http://www.fdic.gov/about/financial/letters/08Q2_stake.html#1 Looks like a house of cards undergoing rapid constru

Re: ru$h on da bank

2008-09-25 Thread Dana
he is trying to stampede us the same way he stampeded us into the patriot act and the war in iraq. No more stampedes I say. Fool me twice was bad enough. Action is required but buying bad debt from Wall Street is not the correct action. On Thu, Sep 25, 2008 at 7:20 AM, G Money <[EMAIL PROTECTED]>

RE: ru$h on da bank

2008-09-25 Thread Adam Churvis
> But here's the thing - if one person pulls out one Jinga block, there > probably won't be a problem. If everyone pulls out their Jinga blocks > problem. Here is exactly what's going to happen: http://www.youtube.com/watch?v=MdckdCY-LHg Respectfully, Adam Phillip Churvis President Produ

Re: ru$h on da bank

2008-09-25 Thread Gruss Gott
> gMoney wrote: > So, ideally, you want $99,999 dollars in your account..? > For me, it's $0 (as "savings"), since there are better places to get a return. As for Cam's "there's nothing to worry about", well, I think Adam articulately described exactly why there is. In fact, this exact type

Re: ru$h on da bank

2008-09-25 Thread G Money
So, ideally, you want $99,999 dollars in your account..? On Thu, Sep 25, 2008 at 9:46 AM, Adam Churvis < [EMAIL PROTECTED]> wrote: > > so my 300 bucks is safe :) > > I know you're asking this as a funny comeback, but I think it deserves a > little serious discussion. > > The answer is "No."

Re: ru$h on da bank

2008-09-25 Thread Tony
oh i know... ur right... and yes, mine was trivial... but man, whatever, i have a feeling things will just work :) am i crazy? -- tony Better than a thousand hollow words, is one word that brings peace. -- siddhartha gautama On Thu, Sep 25, 2008 at 10:46 AM, Adam Churvis <[EMAIL PROTECTED]> wro

Re: ru$h on da bank

2008-09-25 Thread Cameron Childress
On Thu, Sep 25, 2008 at 10:14 AM, Adam Churvis <[EMAIL PROTECTED]> wrote: > This assumes that the FDIC is solvent, which it is not. Of all the things worthy of bailout, FDIC is it. I am not worried one iota. -Cameron ~| Adobe®

RE: ru$h on da bank

2008-09-25 Thread Adam Churvis
> so my 300 bucks is safe :) I know you're asking this as a funny comeback, but I think it deserves a little serious discussion. The answer is "No." Here's why. The way things like this are handled when claims cannot be fulfilled by the government are that they trim from both sides of the bell

Re: ru$h on da bank

2008-09-25 Thread Tony
so my 300 bucks is safe :) /runs -- tony Better than a thousand hollow words, is one word that brings peace. -- siddhartha gautama On Thu, Sep 25, 2008 at 10:30 AM, Erika L. Walker <[EMAIL PROTECTED]> wrote: > eggsactly ... > > On Thu, Sep 25, 2008 at 10:14 AM, Adam Churvis < > [EMAIL PROTECT

Re: ru$h on da bank

2008-09-25 Thread Erika L. Walker
eggsactly ... On Thu, Sep 25, 2008 at 10:14 AM, Adam Churvis < [EMAIL PROTECTED]> wrote: > > This assumes that the FDIC is solvent, which it is not. > > ~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic rele

RE: ru$h on da bank

2008-09-25 Thread Jacob
on da bank > From: Cameron Childress [mailto:[EMAIL PROTECTED] > Unless you have more than 100k in the bank, or have somehow found a > bank that is not FDIC insured, you have nothing to worry about. This assumes that the FDIC is solvent, which it is not. Respectfully, Adam Philli

RE: ru$h on da bank

2008-09-25 Thread Adam Churvis
> From: Cameron Childress [mailto:[EMAIL PROTECTED] > Unless you have more than 100k in the bank, or have somehow found a > bank that is not FDIC insured, you have nothing to worry about. This assumes that the FDIC is solvent, which it is not. Respectfully, Adam Phillip Churvis President Produc

RE: ru$h on da bank

2008-09-25 Thread Jacob
Or CDs -Original Message- From: Cameron Childress [mailto:[EMAIL PROTECTED] Sent: Thursday, September 25, 2008 6:55 AM To: CF-Community Subject: Re: ru$h on da bank On Thu, Sep 25, 2008 at 8:22 AM, G Money <[EMAIL PROTECTED]> wrote: > Oh and I wouldn't pull your money out

Re: ru$h on da bank

2008-09-25 Thread Tony
its a buyers delight right now. if you've got the $, its GREAT to buy now... the prices are low, the real estate market is about to have a glut and why not, if you've got it, buy all the deals up now! tw -- tony Better than a thousand hollow words, is one word that brings peace. -- siddhartha gau

RE: ru$h on da bank

2008-09-25 Thread Jacob
bject: Re: ru$h on da bank Oh and I wouldn't pull your money out of the markets either On Thu, Sep 25, 2008 at 7:22 AM, G Money <[EMAIL PROTECTED]> wrote: > On Thu, Sep 25, 2008 at 6:21 AM, Paul Ihrig <[EMAIL PROTECTED]> wrote: > >> so, was thinking it might

Re: ru$h on da bank

2008-09-25 Thread Erika L. Walker
Yes, some ... just some. What does our money manager here think of Ford and GM in particular ... On Thu, Sep 25, 2008 at 9:54 AM, Cameron Childress <[EMAIL PROTECTED]>wrote: > > Actually (and I am not giving professional advice here), it might be a > good time to move some (not all) dollars from

Re: ru$h on da bank

2008-09-25 Thread Cameron Childress
On Thu, Sep 25, 2008 at 8:22 AM, G Money <[EMAIL PROTECTED]> wrote: > Oh and I wouldn't pull your money out of the markets either Actually (and I am not giving professional advice here), it might be a good time to move some (not all) dollars from savings into the market right now. -Camero

Re: ru$h on da bank

2008-09-25 Thread G Money
Bush is right though...i know, i know, it sounds weird saying that butthe ripple affect of letting all these people get what's coming to them WILL eventually affect you and me, the responsible investor/borrower. If the market crashes, lending dries up. If lending dries up, business sta

Re: ru$h on da bank

2008-09-25 Thread Tony
honestly, i believe its the WORST thing we could all do. sit tight, let them pencil pushin geeks figure it out, and 'moke some good green. holla -- tony Better than a thousand hollow words, is one word that brings peace. -- siddhartha gautama On Thu, Sep 25, 2008 at 8:46 AM, Paul Ihrig <[EMAI

Re: ru$h on da bank

2008-09-25 Thread Paul Ihrig
cool thats what i needed to hear got a lot freaked out by last nights speech. only watched it for a few minutes before i got to pissed off. ~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get

Re: ru$h on da bank

2008-09-25 Thread G Money
Oh and I wouldn't pull your money out of the markets either On Thu, Sep 25, 2008 at 7:22 AM, G Money <[EMAIL PROTECTED]> wrote: > On Thu, Sep 25, 2008 at 6:21 AM, Paul Ihrig <[EMAIL PROTECTED]> wrote: > >> so, was thinking it might be a good time to take at least a bit out of >> savings.

Re: ru$h on da bank

2008-09-25 Thread G Money
On Thu, Sep 25, 2008 at 6:21 AM, Paul Ihrig <[EMAIL PROTECTED]> wrote: > so, was thinking it might be a good time to take at least a bit out of > savings. > any one else having similar ideas? > > not sure if it wise > but i would feel better come monday > Take it out of savings and do what with i

Re: ru$h on da bank

2008-09-25 Thread Cameron Childress
Unless you have more than 100k in the bank, or have somehow found a bank that is not FDIC insured, you have nothing to worry about. On Sep 25, 2008, at 7:21 AM, "Paul Ihrig" <[EMAIL PROTECTED]> wrote: > so, was thinking it might be a good time to take at least a bit out > of savings. > any on

ru$h on da bank

2008-09-25 Thread Paul Ihrig
so, was thinking it might be a good time to take at least a bit out of savings. any one else having similar ideas? not sure if it wise but i would feel better come monday ~| Adobe® ColdFusion® 8 software 8 is the most important a