Growing Story: US Economy Almost Collapsed, Sep 2008

[RugbyD]

It's everyone, not just Lehman. You can count on one hand who's not in serious trouble.

Either you save everyone or you save no one and start over from the ground up. To me, the former is less painful because the financial industry is the center pillar of our economy. It fails and everything else goes with it.

There are some entities worth saving and them that aren't. Lehman was not worth saving. Why burn more taxpayer dollars than is absolutely necessary?

[CadensDad]

It's everyone, not just Lehman. You can count on one hand who's not in serious trouble.

Either you save everyone or you save no one and start over from the ground up. To me, the former is less painful because the financial industry is the center pillar of our economy. It fails and everything else goes with it.

There are some entities worth saving and them that aren't. Lehman was not worth saving. Why burn more taxpayer dollars than is absolutely necessary?

Why wouldn't they waste our money,..... oh wait thats what they have been doing for a few decades

[RugbyD]

It's everyone, not just Lehman. You can count on one hand who's not in serious trouble.

Either you save everyone or you save no one and start over from the ground up. To me, the former is less painful because the financial industry is the center pillar of our economy. It fails and everything else goes with it.

There are some entities worth saving and them that aren't. Lehman was not worth saving. Why burn more taxpayer dollars than is absolutely necessary?

Why wouldn't they waste our money,..... oh wait thats what they have been doing for a few decades

and even more as the Senate votes in 5...4...3....

[Neato Torpedo]

You know that 3 Senate Republicans' houses were TPed last night.

[StlSluggers]

Dateline's amazing hour-long story on our current situation.

Spends a while discussing why the failure of Lehman caused so much panic.

This is a must-watch, I believe. Their player is really smooth, too.

[AussieDodger]

[Tavish]

You really think the US economy is starting to bring itself back above water?

[StlSluggers]

Just making sure you understand:

Based on the size of the economy of the country you live in, you're probably under the bow of that ship.

[AussieDodger]

Just making sure you understand:

Based on the size of the economy of the country you live in, you're probably under the bow of that ship.

We're fine down here thanks. To stimulate our economy most of the workers in Australia are each getting $950. Pretty sweet eh?
It's you guys that seem to get your panties in a wad.

[StlSluggers]

To stimulate inflation, most of the workers in Australia are each getting $950.

ftfy