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U.S. Agrees to Citigroup Bailout (Guarantees $300 billion in toxic assets)
Wall Street Journal ^

Posted on 11/23/2008 8:43:14 PM PST by mathwhizz

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1 posted on 11/23/2008 8:43:14 PM PST by mathwhizz
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To: mathwhizz

I am in my mid 20’s and we’ll be paying for these “bailouts” for the rest of my life...


2 posted on 11/23/2008 8:46:24 PM PST by ConservativeMan55 (Cal Thomas.. just another has been with an opinion and an a$$hole...)
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To: mathwhizz

3 posted on 11/23/2008 8:47:10 PM PST by BenLurkin
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To: mathwhizz

Asia markets down.


4 posted on 11/23/2008 8:47:49 PM PST by Leisler ("Give us the child for 8 years and it will be a Bolshevik forever. " Lenin)
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To: mathwhizz

Thank you, sir, may I have another? I love being robbed to pay for the profligacy of others!


5 posted on 11/23/2008 8:48:16 PM PST by Pining_4_TX
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To: ConservativeMan55
Watch for Citi stock to close below 5 a share again tomorrow.

The short sellers are going to kill them, and rightfully so.

L

6 posted on 11/23/2008 8:48:31 PM PST by Lurker ("America is at that awkward stage. " Claire Wolfe, call your office.)
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To: mathwhizz
When do we start 'Watering the tree'?

How much more of this crap are we going to put up with?

Any one who is gainfully employed now is a fool, and will be raped by these people.

7 posted on 11/23/2008 8:50:30 PM PST by realdifferent1 ("If you saw Atlas,...what would you tell him to do?"... "To shrug.")
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To: mathwhizz

“The government is not expected to require any management changes, as that was seen as potentially being too destabilizing.”

Doesn’t something have to be stable before it stands the possibility of being destabilized?


8 posted on 11/23/2008 8:53:25 PM PST by John W (Voters were more afraid of losing their money than losing their souls.)
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To: mathwhizz

Next up, newspaper bailouts. After that we can resurrect the typewriter companies.


9 posted on 11/23/2008 8:53:26 PM PST by ElkGroveDan (Reagan is back, and this time he's a woman.)
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To: mathwhizz

For a minute, I thought this was going to cost a lot.


10 posted on 11/23/2008 8:57:01 PM PST by Mad_Tom_Rackham (The committed will surely dominate the complacent.)
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To: mathwhizz
Photobucket

MADNESS!

11 posted on 11/23/2008 8:58:26 PM PST by hercuroc
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To: ConservativeMan55

Millions of people losing their jobs already are. All because of the greed and stupidity of these financials over leveraging their balance sheets and giving loans to anyone with a pulse.


12 posted on 11/23/2008 8:58:26 PM PST by Proud_USA_Republican (We're going to take things away from you on behalf of the common good. - Hillary Clinton)
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To: mathwhizz

Our troops have to beg for every penny in order to buy ammo and equipment...


13 posted on 11/23/2008 9:01:51 PM PST by Tennessee Nana
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To: hercuroc

Alex Guiness, Bridge on the River Kwai

He needs a bailout too...

:)


14 posted on 11/23/2008 9:03:29 PM PST by Tennessee Nana
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To: mathwhizz
I paid my taxes.
My taxes are being handed over to Citigroup.
Does this mean my Citibank credit card bills will be comped from here on out?
15 posted on 11/23/2008 9:05:21 PM PST by PressurePoint
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To: mathwhizz

Why don’t we just give a billion dollars to every citizen and be done with it.


16 posted on 11/23/2008 9:05:40 PM PST by Prokopton
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To: mathwhizz

I guess the silver lining is that between these massive bailouts and Obama’s new Work’s Progress Administration, we might be spared socialized healthcare. If the federal government was broke before, we are beyond broke now.


17 posted on 11/23/2008 9:07:28 PM PST by St. Louis Conservative
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To: mathwhizz

GREAT news! Hugely bullish! $4 bank needs gov’t bailout in order to prevent implosion. Everybody in!


18 posted on 11/23/2008 9:08:35 PM PST by Attention Surplus Disorder (Our government is an edifice of artifice.)
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To: mathwhizz

Damn, I shoulda bought Citigroup last week. I’d be richer Monday. What the hell, the gov’t has decided buy them for me anyway (w/my tax dollars).


19 posted on 11/23/2008 9:08:40 PM PST by umgud (I'm really happy I wasn't aborted)
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To: mathwhizz
I want a Congressman to stand up in front of the cameras and find for me in the Constitution where it says the federal government can do something like this. And if he can really show it to me, I'll be satisfied. But we are heading down a dangerous, dangerous path, where the only limit on federal power will be federal ambition.

I suggest we all make some noise to our Congressmen.
20 posted on 11/23/2008 9:10:10 PM PST by kc8ukw
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