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View Full Version : Does bailing out a boat stop the leak?


mrs reb77
12-23-2008, 04:37 PM
Well? No, it just removes the water and prolongs the sinking. Now, plugging up the leak and THEN bailing out the boat makes much more sense.

Kind of like all the people that bought way much more house than they could afford, got bailed out but still have that house they couldn't afford in the first place...sinking boat.
http://money.cnn.com/2008/12/23/real_estate/new_modifications_same_problems/index.htm?cnn=yes

So, what's going to happen now? More bailout?

Probably. :mad:
acmanko
12-27-2008, 11:42 AM
It's not your money, don't worry so much about it. gee
bootlen
12-27-2008, 11:57 AM
Oh, yes it IS her money. And mine and yours.
2cool4us
12-27-2008, 01:32 PM
Well? No, it just removes the water and prolongs the sinking. Now, plugging up the leak and THEN bailing out the boat makes much more sense.

Kind of like all the people that bought way much more house than they could afford, got bailed out but still have that house they couldn't afford in the first place...sinking boat.
http://money.cnn.com/2008/12/23/real_estate/new_modifications_same_problems/index.htm?cnn=yes

So, what's going to happen now? More bailout?

Probably. :mad:
It won't end until the government bankrupts the entire country and the chinese buys it at bankruptcy auction for a nickel on the dollar.:eek::(
acmanko
12-27-2008, 01:33 PM
Oh, yes it IS her money. And mine and yours.
No its not. Its just like titheing to a church, once its in the churchs hands , it can do with it what it wants. same with government.
WhoIsThat?
12-27-2008, 02:12 PM
Fear, Uncertainty and Doubt can be used to extort all kinds of money from all kinds of people.

There's no reason to fix the leak if you can get no-bid contracts to fix leaks. You should even make some more leaks.
k-fridge
12-27-2008, 02:17 PM
It won't end until the government bankrupts the entire country and the chinese buys it at bankruptcy auction for a nickel on the dollar.:eek::(

We may not be far from that point.
bootlen
12-27-2008, 04:01 PM
No its not. Its just like titheing to a church, once its in the churchs hands , it can do with it what it wants. same with government.

Lost track of the Declaration of Independence AND the Constitution all in one fell swoop, huh?