US GOV'T BAILOUT of Banks - WickedFire - Affiliate Marketing Forum

brianpaxton · 09-19-2008, 06:32 PM

So what do you guys think, a MUST, or an epic failure waiting to happen?

There's got to be a ton of traffic to be had around this subject, in the next 6-12 months, any ideas on how to monetize it?

Could a blog-type site, with a topic related URL make some money in this niche?

think.. biggestbailoutinhistory.com or something like that..

Deliguy · 09-19-2008, 07:02 PM

i heard the totals for the bailouts are in the 4 trillion mark. Is that right?

If so than if we thought inflation was bad this year, we still got the two most expensive years of the iraq war to pay off which will come around sometime next year plus another 4 trillion which will take its affect about 2010-2011.

LotsOfZeros · 09-19-2008, 07:09 PM

Quote:

Originally Posted by Deliguy

i heard the totals for the bailouts are in the 4 trillion mark. Is that right?

That doesn't sound right. It's possible the bailouts were for banks who collectively control 4 trillion in assets. That might be it. The world's largest public corporation is Exxon-Mobil and their market cap is $413 Billion.

brianpaxton · 09-19-2008, 07:12 PM

I think the US bailout is estimated at $1 trillion, but all sorts of figures are floating around..

of course there's the aid going to Europe also.. $1-200 billion?

What about monetizing this traffic? lol

(ps) I've snatched 2 great .com's based on recent CNN headline terms about the bailout..

LotsOfZeros · 09-19-2008, 07:14 PM

either way, it can't help the impending inflation coming

pocketrockets · 09-19-2008, 09:10 PM

Latest reports are putting the bailout figure at $500 Billion

vinny lingo · 09-19-2008, 11:24 PM

Where you might be getting the $4 trillion figure is from the total amount of mortgage liability Freddy and Fannie have. Which is $4 - $5 trillion. That's insane.

LotsOfZeros · 09-20-2008, 12:37 AM

Don't forget though, there is some equity backing those loans. The bailout is for the guarantee of those loans and do have some value to them (ie: selling the underlying asset). I don't anticipate home values going anywhere for a few years. Especially on the east and west coast.

aim · 09-20-2008, 01:47 AM

marketsnipers · 09-20-2008, 02:19 AM

Bush Administration has accomplished some amazing feats.

nickycakes · 09-20-2008, 02:47 AM

There will be more bailouts, there will be some companies going under. We'll likely end up with several very large, much more regulated entities doing the vast majority of the business and we'll likely be better off. This won't be settled within the next 10 years though, that's for sure.

Yes, the economy is fucked right now. Yes, Bush's did quite a lot to fuck it up. The subprime shit really really fucked us, and it's quite sad to see the state of things in many parts of the midwest where there are literally ghost towns where people just said fuck it and left the keys in the mailbox for the bank.

Sadly, there are many who have been getting absolutely filthy rich because of all this, and these are the same people who paid for bush's campaigns and are currently funding mccains. So if you care about this stuff at all (and you should), please DO RESEARCH and go vote.

beejeebers · 09-20-2008, 02:55 AM

I thought most of these, (aig for example), were 2 year loans? Just to tide aig over while they sell off assets to cover the losses and pay back the government...not really a bailout in the "here's some free tax payer money" kind of way.

The real kicker is if an independent business man gets behind in his bills or makes some fucking stupid moves/bad decisions, the government would never bail them out.

aim · 09-20-2008, 03:07 AM

Quote:

Originally Posted by nickycakes

There will be more bailouts, there will be some companies going under. We'll likely end up with several very large, much more regulated entities doing the vast majority of the business and we'll likely be better off. This won't be settled within the next 10 years though, that's for sure.

Yes, the economy is fucked right now. Yes, Bush's did quite a lot to fuck it up. The subprime shit really really fucked us, and it's quite sad to see the state of things in many parts of the midwest where there are literally ghost towns where people just said fuck it and left the keys in the mailbox for the bank.

Sadly, there are many who have been getting absolutely filthy rich because of all this, and these are the same people who paid for bush's campaigns and are currently funding mccains. So if you care about this stuff at all (and you should), please DO RESEARCH and go vote.

If you're implying that Obama is going to fix the mess that we're in, you're living in some sort of fantasy world.

This isn't a republicrat issue. Blaming the economic downfall of the nations largest financial institutions on any one particular person or political party doesn't work.

Everyone is to blame for this mess: the consumers for taking out loans they couldn't afford; the mortgage companies for underwriting these loans; and the fanny mae's and freddie mac's for buying this debt.

This 'bailout' is complete bullshit and is only adding to the facade that America is a prosperous nation... we bailed out companies that failed with money that doesn't exist. How much crazier does it get? The money does not fucking exist. It's not there. We're already 9.5 trillion in debt; let's just add another 1.1... Who's counting?

YouTube - I.O.U.S.A. Movie Trailer

Benji49 · 09-20-2008, 03:13 AM

Yawn...

To get some perspective on things, you guys should go read "The Money Lords" by Matthew Josephson.

He was one of the great Wall Street writers who wrote on American finance from 1925-1950.

Nothing has changed with regard to Wall Street's love of funny money. For example, in 1970, $300 billion dollars (that's 1970 dollars, kids) was wiped out in the stock market because of wampum tactics used by companies such as ITT.

Josephson's book is a forgotten classic. Did you know that Bank of America financed it's national expansion in the 1920s by using boiler room operations to push their paper that was all but worthless by the 1930s?

You take that book the Money Lords, you change a few dates, a few names and it's a chronicle of the 2000s.

nickycakes · 09-20-2008, 03:46 AM

Quote:

Originally Posted by aim

If you're implying that Obama is going to fix the mess that we're in, you're living in some sort of fantasy world.

This isn't a republicrat issue. Blaming the economic downfall of the nations largest financial institutions on any one particular person or political party doesn't work.

Everyone is to blame for this mess: the consumers for taking out loans they couldn't afford; the mortgage companies for underwriting these loans; and the fanny mae's and freddie mac's for buying this debt.

This 'bailout' is complete bullshit and is only adding to the facade that America is a prosperous nation... we bailed out companies that failed with money that doesn't exist. How much crazier does it get? The money does not fucking exist. It's not there. We're already 9.5 trillion in debt; let's just add another 1.1... Who's counting?

YouTube - I.O.U.S.A. Movie Trailer

How can you say the current administration isn't to blame for this and then quote national debt figures in the same post?

aim · 09-20-2008, 04:20 AM

Quote:

Originally Posted by nickycakes

How can you say the current administration isn't to blame for this and then quote national debt figures in the same post?

The bush administration most definitely is to blame for a lot of the the debt... Just as much as another Presidency during modern history.

Under Bush Sr, the national debt rose from 2.5 Trillion to 4 Trillion. A 150% increase.

Under Clinton, the national debt rose from 4 Trillion to 6 Trillion. A 150% increase.

Under Bush Jr, the national debt rose from 6 Trillion to 9.5% trillion. A 158% increase.

My point is, politics aside, it doesn't matter who's in the white house.

Both Obama and McCain's economic plans call for an overall increase in the national deficit over 10 years of approximately 4 Trillion Dollars each - economists put that number at closer to $7 Trillion realistically.

This is not a partisan issue.

09-19-2008, 06:32 PM	#1 (permalink)
brianpaxton Senior Member Join Date: Aug 2006 Posts: 207	US GOV'T BAILOUT of Banks So what do you guys think, a MUST, or an epic failure waiting to happen? There's got to be a ton of traffic to be had around this subject, in the next 6-12 months, any ideas on how to monetize it? Could a blog-type site, with a topic related URL make some money in this niche? think.. biggestbailoutinhistory.com or something like that..

09-19-2008, 07:02 PM	#2 (permalink)
Deliguy Join Date: Sep 2006 Posts: 2,417	i heard the totals for the bailouts are in the 4 trillion mark. Is that right? If so than if we thought inflation was bad this year, we still got the two most expensive years of the iraq war to pay off which will come around sometime next year plus another 4 trillion which will take its affect about 2010-2011. __________________ Quit Thinking In Monochrome - Blue Hat SEO Finally An Ad Network That Doesn't Rip You Off! There's no such thing as stupid ideas, only ideas that are too brilliant for a person cursed with common sense to understand.

09-19-2008, 07:14 PM	#5 (permalink)
LotsOfZeros Double Maverick Join Date: Feb 2008 Posts: 1,388	either way, it can't help the impending inflation coming __________________ Make teh monies Then Make More

09-19-2008, 09:10 PM	#6 (permalink)
pocketrockets Senior Member Join Date: Aug 2006 Posts: 660	Latest reports are putting the bailout figure at $500 Billion __________________

09-20-2008, 12:37 AM	#8 (permalink)
LotsOfZeros Double Maverick Join Date: Feb 2008 Posts: 1,388	Don't forget though, there is some equity backing those loans. The bailout is for the guarantee of those loans and do have some value to them (ie: selling the underlying asset). I don't anticipate home values going anywhere for a few years. Especially on the east and west coast. __________________ Make teh monies Then Make More

09-19-2008, 07:12 PM	#4 (permalink)
brianpaxton Senior Member Join Date: Aug 2006 Posts: 207	I think the US bailout is estimated at $1 trillion, but all sorts of figures are floating around.. of course there's the aid going to Europe also.. $1-200 billion? What about monetizing this traffic? lol (ps) I've snatched 2 great .com's based on recent CNN headline terms about the bailout..

09-19-2008, 11:24 PM	#7 (permalink)
vinny lingo Senior Member Join Date: Jan 2008 Posts: 147	Where you might be getting the $4 trillion figure is from the total amount of mortgage liability Freddy and Fannie have. Which is $4 - $5 trillion. That's insane.

09-20-2008, 01:47 AM	#9 (permalink)
aim Senior Member Join Date: Jan 2007 Location: Minneapolis, MN Posts: 1,140

09-20-2008, 02:19 AM	#10 (permalink)
marketsnipers S.E.O Consultant Join Date: Sep 2008 Location: On the Web Posts: 20	Bush Administration has accomplished some amazing feats.

09-20-2008, 02:47 AM	#11 (permalink)
nickycakes Join Date: Sep 2007 Location: Beantown, MA Posts: 1,462	There will be more bailouts, there will be some companies going under. We'll likely end up with several very large, much more regulated entities doing the vast majority of the business and we'll likely be better off. This won't be settled within the next 10 years though, that's for sure. Yes, the economy is fucked right now. Yes, Bush's did quite a lot to fuck it up. The subprime shit really really fucked us, and it's quite sad to see the state of things in many parts of the midwest where there are literally ghost towns where people just said fuck it and left the keys in the mailbox for the bank. Sadly, there are many who have been getting absolutely filthy rich because of all this, and these are the same people who paid for bush's campaigns and are currently funding mccains. So if you care about this stuff at all (and you should), please DO RESEARCH and go vote. __________________ Nickycakes.com: Reformed Blackhat Nickycakes' Newbie Guide #cakes irc.freenode.net

09-20-2008, 02:55 AM	#12 (permalink)
beejeebers Senior Member Join Date: Feb 2007 Posts: 514	I thought most of these, (aig for example), were 2 year loans? Just to tide aig over while they sell off assets to cover the losses and pay back the government...not really a bailout in the "here's some free tax payer money" kind of way. The real kicker is if an independent business man gets behind in his bills or makes some fucking stupid moves/bad decisions, the government would never bail them out.

09-20-2008, 03:13 AM	#14 (permalink)
Benji49 Senior Member Join Date: Feb 2008 Posts: 104	Yawn... To get some perspective on things, you guys should go read "The Money Lords" by Matthew Josephson. He was one of the great Wall Street writers who wrote on American finance from 1925-1950. Nothing has changed with regard to Wall Street's love of funny money. For example, in 1970, $300 billion dollars (that's 1970 dollars, kids) was wiped out in the stock market because of wampum tactics used by companies such as ITT. Josephson's book is a forgotten classic. Did you know that Bank of America financed it's national expansion in the 1920s by using boiler room operations to push their paper that was all but worthless by the 1930s? You take that book the Money Lords, you change a few dates, a few names and it's a chronicle of the 2000s.

09-20-2008, 04:47 AM	#17 (permalink)
Drake Senior Member Join Date: Jun 2007 Posts: 926