McCain wants to buy up all the bad mortgages.

[pinkstarfish]

And give people a mortgage they can afford. Yeah, right.

He mentioned the "middle class." He's obviously been coached and he's reading directly from his notes. Too little too late, Johnny. Oh, now he's lying!!!

*tears out hair*

 

[LadyFunkenstein]

Given that our country is flat-fuckingbroke, I don't understand where the money is going to come from for this.

 

[Sean]

Given that our country is flat-fuckingbroke, I don't understand where the money is going to come from for this.

China.

 

[pinkstarfish]

He mentioned the Bridge to nowhere. Unfuckingbelievable.

 

[pinkstarfish]

Given that our country is flat-fuckingbroke, I don't understand where the money is going to come from for this.

Especially since we're mainly talking about expensive investment homes and homes that were built that now no one can afford.

 

[rosco rathbone]

Given that our country is flat-fuckingbroke, I don't understand where the money is going to come from for this.

My dad was an economist for the Fed. I asked him that question. He said "they print it up."

 

[RoryN]

Given that our country is flat-fuckingbroke, I don't understand where the money is going to come from for this.

Literotica taxes.

There will now be a tax placed upon:

*Nonsensical, ignored Songcatcher threads
*Cap'n posting like he still has his 1970s high
*Ish's self-congratulatory remarks
*n00b whining
*Desperate Obama-bashing attempts
*dollparts medical "emergencies"
*Every new Cade alt
*"Goodbye forever" threads with "Hello again" follow-ups

I expect our economy to be back on track in...say...about 4 hours.

 

[hogjack]

China.

China has purchased a trillion (so far) in U.S. treasury notes.

Being their bitch ain't gonna be fun.

 

[LadyFunkenstein]

I am not sure where we are getting the money right now, but I should certainly hope they are loans rather printing more. Additional debt is the lesser of two evils right now.

 

[pinkstarfish]

My dad was an economist for the Fed. I asked him that question. He said "they print it up."

That creates more inflation that makes the value of the dollar go down.

According to what McCain is proposing, the bank is the beneficiary and the tax payer pays the difference. By the way, the rescue pack that both parties voted for already contains something in it to the affect of what McCain is proposing. He's trying to push any talking point that makes him sound like he has a fucking clue about the economy.

 

[rosco rathbone]

That creates more inflation that makes the value of the dollar go down.

According to what McCain is proposing, the bank is the beneficiary and the tax payer pays the difference. By the way, the rescue pack that both parties voted for already contains something in it to the affect of what McCain is proposing. He's trying to push any talking point that makes him sound like he has a fucking clue about the economy.

That was my second question to my dad: "Won't that debase the currency?". He said "yes."

 

[Sean]

Cool. Cheap holidays in the US for me next year.

 

[MNGuy]

Literotica taxes.

There will now be a tax placed upon:

*Nonsensical, ignored Songcatcher threads
*Cap'n posting like he still has his 1970s high
*Ish's self-congratulatory remarks
*n00b whining
*Desperate Obama-bashing attempts
*dollparts medical "emergencies"
*Every new Cade alt
*"Goodbye forever" threads with "Hello again" follow-ups

I expect our economy to be back on track in...say...about 4 hours.

Don't forget to tax 'I love PORN! (C) 2004 Bluereign. All rights reserved." and you will fill the coffers.

 

[Azwed]

Cool. Cheap holidays in the US for me next year.

Bring us some real Guinness if you are coming. The kind we get here is just not as good

 

[pinkstarfish]

Bring us some real Guinness if you are coming. The kind we get here is just not as good

Microbrews are the way to go.

 

[serwolfe]

I read that they've changed his buyback plan a bit from what was proposed at the debate. He wants to now buy back the bad mortgages at full value so that the banks dont take any hit for it.

 

[serwolfe]

Microbrews are the way to go.

Sometimes

 

[WolfMann63]

Microbrews are the way to go.

I agree! One of the (very) few positive things about living in Michigan is the fact that there are awesome microbreweries/brewpubs damn near where ever you go.

 

[Cade Is Here]

And give people a mortgage they can afford. Yeah, right.

He mentioned the "middle class." He's obviously been coached and he's reading directly from his notes. Too little too late, Johnny. Oh, now he's lying!!!

*tears out hair*

Just think.. You might be debt free....

 

[pinkstarfish]

I read that they've changed his buyback plan a bit from what was proposed at the debate. He wants to now buy back the bad mortgages at full value so that the banks dont take any hit for it.

Well, I was talking about what I was listening to him tell a crowd in Ohio today.

 

[coastal-boy]

Well, I was talking about what I was listening to him tell a crowd in Ihio today.

The "plan" came out on Tuesday and here it is on Thursday and it has "changed" 3 times. Need I say more?

 

[serwolfe]

The "plan" came out on Tuesday and here it is on Thursday and it has "changed" 3 times. Need I say more?

He's a maverick tho! Shooting from the hip! I cant see how people want to elect this guy that has changed his mind so much in a short span of time.

 

[pinkstarfish]

The "plan" came out on Tuesday and here it is on Thursday and it has "changed" 3 times. Need I say more?

No. I just saw. I'm not surprised. He's a spaz.

 

[pinkstarfish]

He's a maverick tho! Shooting from the hip! I cant see how people want to elect this guy that has changed his mind so much in a short span of time.

 

[Odd_ball]

Jubilee!