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OMG! America says 'Yes'

2

Comments

  • steadysaver
    steadysaver Posts: 389 Forumite
    Ian_Griffiths_Halifax wrote: »
    Could have settled it all from the start with a game of conkers.

    Conkers Smonkers, should have just got the man from Delmonti, he always says YES!!!!!
  • mr_magoo_5
    mr_magoo_5 Posts: 175 Forumite
    This says it all for me,

    The faint light at the end of the long tunnel has been extinguished.


    Japan tried this and it didn't work.
    Mind you the same was tried before the Great Depression and that didn't work either.
    Interesting times ahead
    Control is an illusion, chaos is the reality. A successful warrior dances with chaos, and success means simply that one is still alive.
  • beaujolais-nouveau
    beaujolais-nouveau Posts: 651 Forumite
    steadysaver wrote: »
    I saw that too, but it didnt go into what the tax breaks are. Beside they will probably claw back the tax over the long term to pay for all this.

    Here's what the tax breaks are - for friends of GWB, including Microsoft - not for ordinary American citizens

    http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x4162515

    and the so-called tax breaks have turned the USD 700bn bailout into a USD 850bn bailout.
    YouGov: £50 and £50 and £5 Amazon voucher received;
    PPI successfully reclaimed: £7,575.32 (Lloyds TSB plc); £3,803.52 (Egg card); £3,109.88 (Egg loans)
  • BettiePage
    BettiePage Posts: 4,627 Forumite
    Markets aren't keen on it at the moment....


    http://finance.yahoo.com/
    Illegitimi non carborundum.
  • Chris2685
    Chris2685 Posts: 1,212 Forumite
    As purely selfish point of view from myself, this sucks.
  • Realy
    Realy Posts: 1,017 Forumite
    Chris2685 wrote: »
    As purely selfish point of view from myself, this sucks.

    Why, it will not cause HPI?
    Just means things may not be as bad recession wise for us (providing it works).If that is the case it is good for everyone in the UK.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Chris2685 wrote: »
    As purely selfish point of view from myself, this sucks.

    You should be happy. It means you will get a mortgage when you come to buy.
  • Chris2685
    Chris2685 Posts: 1,212 Forumite
    How is it a good thing for me? I don't have any debts apart from my student loan. I want banks to need my money so they will pay me more for it (ie pay savers higher rates).
  • Realy
    Realy Posts: 1,017 Forumite
    Chris2685 wrote: »
    How is it a good thing for me? I don't have any debts apart from my student loan.

    I don't have any debts other than my mortgage and I have savings.;)
    I still like having a job though and I sure most other people do to.

    I think it is more important how it affects the US than how it effects yours or my debt & savings.
  • Chris2685
    Chris2685 Posts: 1,212 Forumite
    I already said that I was speaking from my purely selfish point of view, but I can see how it is nice to have jobs obviously... I just really don't think that bailing out the banks is going to make any regular persons jobs any safer. It is just going to pro-long the inevitable really.
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