Comments on: U.S. Senator Barbara Boxer explains why she voted for the $700 billion bailout http://www.orangejuiceblog.com/2008/10/us-senator-barbara-boxer-explains-why-she-voted-for-the-700-billion-bailout/?utm_source=rss&utm_medium=rss&utm_campaign=us-senator-barbara-boxer-explains-why-she-voted-for-the-700-billion-bailout Orange County's top political blog Sun, 12 Feb 2012 17:35:21 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Ron & Anna Winship http://www.orangejuiceblog.com/2008/10/us-senator-barbara-boxer-explains-why-she-voted-for-the-700-billion-bailout/comment-page-1/#comment-70927 Ron & Anna Winship Mon, 06 Oct 2008 19:15:07 +0000 http://orangejuiceblog.com/?p=11686#comment-70927 *Well said Sarah..... Everyone should want the 60 Minutes segment from last night on "Swaps"! $60 Trillion dollars...plus or minus $10 Trilllion....scattered all over the globe but invested and owed by us! http://www.cbsnews.com/sections/60minutes/main3415.shtml Watch the Steve Kroft piece from last night! *Well said Sarah…..

Everyone should want the 60 Minutes segment from last night on “Swaps”!
$60 Trillion dollars…plus or minus $10 Trilllion….scattered all over the globe
but invested and owed by us!

http://www.cbsnews.com/sections/60minutes/main3415.shtml

Watch the Steve Kroft piece from last night!

]]> By: Sarah Michelle Spinosa http://www.orangejuiceblog.com/2008/10/us-senator-barbara-boxer-explains-why-she-voted-for-the-700-billion-bailout/comment-page-1/#comment-70917 Sarah Michelle Spinosa Mon, 06 Oct 2008 16:52:10 +0000 http://orangejuiceblog.com/?p=11686#comment-70917 Not a bad answer. She's such a pro! Still, considering the DJIA is now UNDER 10,000 for the first time since 2004, what did it do other than create a massive sell-off? Apparently, the speculators are at it again and stocks and commodities markets are down. So we save our nation's investors (i.e. the rich) and the thanks we (i.e. taxpayers) get is that that they pull their money out anyway? Boondoggle #1 - Iraq. Boondoggle #2 - another ill advised decision - this ridiculous bailout. And we have Congress to blame, not Bush. Ouch. Well, at this rate, the dollar will be worthless and we'll <i>all</i> be poor so I guess it doesn't really matter now, does it? I really thought that in a time of a bear market and a weakening currency, Congress would have bitten the bullet and chosen to let it play out once and for all so that the rich could eat <i>each other</i> for a while. Now we have to survive yet another economic cycle, prolonging the inevitable collapse. Now the only way to equalize the classes again is *gasp* tax and spend socialism! Nothing like punishing the victims, huh? Vote Barr/Root 2008! Wayne, if you're out there, HELP! SMS Not a bad answer. She’s such a pro! Still, considering the DJIA is now UNDER 10,000 for the first time since 2004, what did it do other than create a massive sell-off? Apparently, the speculators are at it again and stocks and commodities markets are down.

So we save our nation’s investors (i.e. the rich) and the thanks we (i.e. taxpayers) get is that that they pull their money out anyway? Boondoggle #1 – Iraq. Boondoggle #2 – another ill advised decision – this ridiculous bailout. And we have Congress to blame, not Bush. Ouch.

Well, at this rate, the dollar will be worthless and we’ll all be poor so I guess it doesn’t really matter now, does it? I really thought that in a time of a bear market and a weakening currency, Congress would have bitten the bullet and chosen to let it play out once and for all so that the rich could eat each other for a while. Now we have to survive yet another economic cycle, prolonging the inevitable collapse.

Now the only way to equalize the classes again is *gasp* tax and spend socialism! Nothing like punishing the victims, huh?

Vote Barr/Root 2008! Wayne, if you’re out there, HELP!

SMS

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