Bailout plan NOT pwned!

[Kodiak]

Great, I leave town for an overnight business trip and when I get back the porktastic bailout bill is passed. I could say I'm shocked, but I'm not. I'm too pissed to think straight about it. Those fuckers.

My only remedy, which I will exercise in November, is vote "NO" for every incumbent I can and write in Chuck Norris for President.

"Bailout plan NOT pwned" is right. So is a topic title change to "American taxpayers pwned!"

I'm guessing that in six months or so we'll to get an inkling of just how much fuckitude this bill really has.

I think "American Taxpayers Take it in the Tailpipe" is a more suitable title.

[Admiral Valdemar]

I'm hearing rumours there's a run on Wachovia starting. Anyone near a local branch able to check?

[Rogue 9]

Okay, which House members changed their votes the second time around? Because each and every one of them deserves to lose his job.

[MKSheppard]

That's it, I'm voting all against incumbents. Fuck them all.

[J]

Okay, which House members changed their votes the second time around? Because each and every one of them deserves to lose his job.

Here's the list for today's vote. I can't seem to find the one for Monday's vote at the moment.

[J]

Bill signed and done. Government sure can move when it feels like it.

This means the short selling ban expires after next Wednesday so now you know when the hedgefunds and other major investors are going to make their big move.

[Rogue 9]

Okay, which House members changed their votes the second time around? Because each and every one of them deserves to lose his job.

Here's the list for today's vote. I can't seem to find the one for Monday's vote at the moment.

It's posted on page two of this thread. Thanks; I'll compare the lists. I've been cutting together a video for YouTube calling for the ouster of everyone who voted aye on Monday, so the ones who switched sides today will get special call-outs. Perhaps call them the Coalition of the Bribed or something.

[Rogue 9]

Ghetto edit: I note with some satisfaction that my representative did not vote for the bill either time.

[Eleas]

I've been mentally debating whether to post this, but I thought it was topical as well as morbidly amusing.

My fellow Americans, today I would like to address the problem we face with America's hen-house.

Due to circumstances no one really understands, foxes have been put in charge of operating our hen-house. There will be plenty of time in the future to debate about whose decision it was to put foxes in charge of the hen-house, but the fact remains that the foxes have eaten all the hens and now we are out of hens. This is a crisis of far-reaching import -- American hens are the envy of the world and we cannot afford to be without them. I shall call this the Hen-House Crisis.

I have spoken with the foxes who run our hen-house and they have assured me that this is a crisis. Our hen-house must be filled with hens immediately or it will lead to a world-wide shortage of hens. That means no chicken dinners, no scrambled eggs, no Denver omelets, no feathered pillows. And that cannot be allowed to happen. The world turns to us for hens and hen-related policy.

And so it is up to each and every American to supply our foxes with more hens, to dig deep and sacrifice their hard-earned hens so that the foxes will have more hens to mind. This is the only way out of this crisis -- the foxes must be given more hens. It is the only solution to our problem, and anyone who suggests otherwise, well I have to question their belief in hens.

If the foxes are not given more hens, they will go hungry, and we cannot afford a nation with hungry foxes. Foxes are the backbone of our hen-fox structure -- foxes provide America with whatever hens they don't devour, and if we don't supply our foxes with an unending stream of hens we will have no hens at all.

My plan calls for Americans to supply our foxes with seven hundred billion hens -- give or take, on an ongoing basis, whenever the foxes ask for them, for whatever purposes the foxes see fit. This deal is non-negotiable and permanent, and our foxes will be under no obligation to tell us how they are tending our hens or when, if ever, we will ever see any hens again. Because we need so many hens immediately, this means that a lot of Americans who have never raised hens will need to learn to do so, otherwise our foxes will have no hens to tend. Some Americans may need to work an extra job in order to buy the materials they will need to raise hens to give to our foxes, but that is a sacrifice I am willing to demand.

I have been assured by America's foxes that they will be very wise and cautious in the stewardship of these billions upon billions of hens, that the hens we provide the foxes will be bred into even more hens, which will then, the foxes assure me, returned to the Americans who provided them. We will then be, I am told, swimming in hens, thanks to the very wise foxes of the American hen-house industry.

[Count Chocula]

J wrote:

I'm already seeing "no bids" on quite a few stocks (thanks to the no short selling rule) and the options market is starting to lock up. Credit market spreads are blowing open and yield curves are going inverted

J,

Where do you get that info? My discount broker doesn't have that kind of parameter that I can set for screening, and surprise surprise Yahoo!Finance doesn't drill down either. If you could post a linky or two, I'd appreciate it. Of course, if I really do see the raw numbers, I may need to take some blood pressure meds!

[Crazy_Vasey]

J,

Where do you get that info? My discount broker doesn't have that kind of parameter that I can set for screening, and surprise surprise Yahoo!Finance doesn't drill down either. If you could post a linky or two, I'd appreciate it. Of course, if I really do see the raw numbers, I may need to take some blood pressure meds!

Okay, honest curiousity here, how can you trade at all without at least level one data? That'd tell you if there was any depth on the bid side. Not how much or how deep, but if there's a price there's depth.

[Count Chocula]

I can do that for individual stocks and funds - my screener shows that. What my broker doesn't seem to have is a summary page that can show bid/no bid status for a market segment, or an advancers vs. decliners display. I'm fairly comfortable with my current investments, but market segment data would be useful to have.

[Crazy_Vasey]

Ah. Now I understand. I forget sometimes that people doing trading in the real world don't get to play with all the tools on the average development server at the company I work for.

[Darth Wong]

I've been mentally debating whether to post this, but I thought it was topical as well as morbidly amusing.

My fellow Americans, today I would like to address the problem we face with America's hen-house.

Due to circumstances no one really understands, foxes have been put in charge of operating our hen-house. There will be plenty of time in the future to debate about whose decision it was to put foxes in charge of the hen-house, but the fact remains that the foxes have eaten all the hens and now we are out of hens. This is a crisis of far-reaching import -- American hens are the envy of the world and we cannot afford to be without them. I shall call this the Hen-House Crisis.

I have spoken with the foxes who run our hen-house and they have assured me that this is a crisis. Our hen-house must be filled with hens immediately or it will lead to a world-wide shortage of hens. That means no chicken dinners, no scrambled eggs, no Denver omelets, no feathered pillows. And that cannot be allowed to happen. The world turns to us for hens and hen-related policy.

And so it is up to each and every American to supply our foxes with more hens, to dig deep and sacrifice their hard-earned hens so that the foxes will have more hens to mind. This is the only way out of this crisis -- the foxes must be given more hens. It is the only solution to our problem, and anyone who suggests otherwise, well I have to question their belief in hens.

If the foxes are not given more hens, they will go hungry, and we cannot afford a nation with hungry foxes. Foxes are the backbone of our hen-fox structure -- foxes provide America with whatever hens they don't devour, and if we don't supply our foxes with an unending stream of hens we will have no hens at all.

My plan calls for Americans to supply our foxes with seven hundred billion hens -- give or take, on an ongoing basis, whenever the foxes ask for them, for whatever purposes the foxes see fit. This deal is non-negotiable and permanent, and our foxes will be under no obligation to tell us how they are tending our hens or when, if ever, we will ever see any hens again. Because we need so many hens immediately, this means that a lot of Americans who have never raised hens will need to learn to do so, otherwise our foxes will have no hens to tend. Some Americans may need to work an extra job in order to buy the materials they will need to raise hens to give to our foxes, but that is a sacrifice I am willing to demand.

I have been assured by America's foxes that they will be very wise and cautious in the stewardship of these billions upon billions of hens, that the hens we provide the foxes will be bred into even more hens, which will then, the foxes assure me, returned to the Americans who provided them. We will then be, I am told, swimming in hens, thanks to the very wise foxes of the American hen-house industry.

That is hysterically funny.

[Kodiak]

That is hysterically funny.

And yet, quote sad since I have to pay for the hens

[Darth Wong]

That is hysterically funny.

And yet, quote sad since I have to pay for the hens

I hope you never voted for the right-wing movement that put the foxes in charge of the henhouse in the first place, then. Because if you did, then quite frankly, you deserve every bit of suffering coming your way, and more.

[The Duchess of Zeon]

Well, it's either Montreal or Paris for me, but I'm sure as hell not staying in the states a moment longer than I have to. The USA has ceased being a land of opportunity and become a place that, the sooner you can the fuck out, the better.

[Admiral Valdemar]

Well, it's either Montreal or Paris for me, but I'm sure as hell not staying in the states a moment longer than I have to. The USA has ceased being a land of opportunity and become a place that, the sooner you can the fuck out, the better.

I think the fox- uh, bankers, of Wall Street would disagree with you there. America is a wonderful nation full of opportunity and money, but mainly it is full of people you can con for the other two.

[Invictus ChiKen]

Well, it's either Montreal or Paris for me, but I'm sure as hell not staying in the states a moment longer than I have to. The USA has ceased being a land of opportunity and become a place that, the sooner you can the fuck out, the better.

Agreed, if I had the money it be Canada, or more likely one of the Anglo-Celtic Isles. However I still haven't given up hope things can get better here in America (Hey I believe in even stranger shit as anyone that has seen me post knows.)

[aerius]

The bailout bill was so successful that it tanked the US market by 4% or so from the time it was passed to the market close.

Quick! Let's pass another bailout to make the indices go back up!

[Elfdart]

That is hysterically funny.

And yet, quote sad since I have to pay for the hens

And the foxes are billing you for their treatments for heartburn, gout and obesity the result of letting them eat so much chicken. They want you to foot the bill for combing the feathers off their muzzles, too.

[Admiral Valdemar]

The bailout bill was so successful that it tanked the US market by 4% or so from the time it was passed to the market close.

Quick! Let's pass another bailout to make the indices go back up!

I noticed that too, as did a puzzled BBC correspondent in D.C. It's strange and ironic it should end the day worse off than before the bill was passed. Watching the news spin this as an end to the credit crunch is hilarious. I could only see it as propaganda, given how little actual discussion on the bill went on (no one goes into the actual problems with it).

[J]

The bailout bill was so successful that it tanked the US market by 4% or so from the time it was passed to the market close.

Quick! Let's pass another bailout to make the indices go back up!

I noticed that too, as did a puzzled BBC correspondent in D.C. It's strange and ironic it should end the day worse off than before the bill was passed. Watching the news spin this as an end to the credit crunch is hilarious. I could only see it as propaganda, given how little actual discussion on the bill went on (no one goes into the actual problems with it).

Clearly, and I mean it should be really obvious to all, the bailout wasn't big enough so that's why the market went down. And if this bailout hadn't been passed the market would surely have had at least a 1000 point down day.

I'm sure we'll hear plenty of the above and more from our fair & impartial media over the next while. Perhaps they'd also like to explain how we went from the economy being fine and "we're in no danger of a recession" to "oh my god it's October 1929 if we don't pass the bill!" in a bit over 3 weeks.

In the meantime, here's a the bailout fallout in a nutshell.
The carnage is only just getting underway.

[apocolypse]

I'm hearing rumours there's a run on Wachovia starting. Anyone near a local branch able to check?

Sorry, I meant to reply to this earlier and got sidetracked (and you probably already know this by now too) but apparently Wells Fargo one-upped Citigroup's bid for it. I'm not sure what the results, if there are any yet, are.

[Darth Wong]

I've been mentally debating whether to post this, but I thought it was topical as well as morbidly amusing.

My fellow Americans, today I would like to address the problem we face with America's hen-house.

Due to circumstances no one really understands, foxes have been put in charge of operating our hen-house. There will be plenty of time in the future to debate about whose decision it was to put foxes in charge of the hen-house, but the fact remains that the foxes have eaten all the hens and now we are out of hens. This is a crisis of far-reaching import -- American hens are the envy of the world and we cannot afford to be without them. I shall call this the Hen-House Crisis.

I have spoken with the foxes who run our hen-house and they have assured me that this is a crisis. Our hen-house must be filled with hens immediately or it will lead to a world-wide shortage of hens. That means no chicken dinners, no scrambled eggs, no Denver omelets, no feathered pillows. And that cannot be allowed to happen. The world turns to us for hens and hen-related policy.

And so it is up to each and every American to supply our foxes with more hens, to dig deep and sacrifice their hard-earned hens so that the foxes will have more hens to mind. This is the only way out of this crisis -- the foxes must be given more hens. It is the only solution to our problem, and anyone who suggests otherwise, well I have to question their belief in hens.

If the foxes are not given more hens, they will go hungry, and we cannot afford a nation with hungry foxes. Foxes are the backbone of our hen-fox structure -- foxes provide America with whatever hens they don't devour, and if we don't supply our foxes with an unending stream of hens we will have no hens at all.

My plan calls for Americans to supply our foxes with seven hundred billion hens -- give or take, on an ongoing basis, whenever the foxes ask for them, for whatever purposes the foxes see fit. This deal is non-negotiable and permanent, and our foxes will be under no obligation to tell us how they are tending our hens or when, if ever, we will ever see any hens again. Because we need so many hens immediately, this means that a lot of Americans who have never raised hens will need to learn to do so, otherwise our foxes will have no hens to tend. Some Americans may need to work an extra job in order to buy the materials they will need to raise hens to give to our foxes, but that is a sacrifice I am willing to demand.

I have been assured by America's foxes that they will be very wise and cautious in the stewardship of these billions upon billions of hens, that the hens we provide the foxes will be bred into even more hens, which will then, the foxes assure me, returned to the Americans who provided them. We will then be, I am told, swimming in hens, thanks to the very wise foxes of the American hen-house industry.

I just realized what this article needs. Right at the bottom:

This article has been brought to you by fox news.