Newt Gingrinch on FOX News right now, owning everyone (except McCain, kinda)[views:1919][posts:7]________________________________ [Sep 29,2008 10:25pm - Murph ""] McCain's a douche who jocked the fact he was bringing people behind this bailout bill into a huge surge for his campaign, getting it drafted, and then it it bombed in its passing by his own Party. Way to go pal. Obama sucks even harder, because he pretty much influenced this entire deal, well, not at all. Perhaps he knows the thing is fucked anyways, but he's still playing the sidelines, so he can look decent no matter what. But Gingrich believes that the mark-to-market bill (which in a nutshell looks at the anomalies in a certain market and then sets the price based upon those extreme lows or overages so as to make room for the rapid falling or rising of stock...which has led to gross over- and undervalues and wasted money..."which Bernanke and Paulsen alluded to when they said they would pay 2-3 times the set amount for paper because of how UNDERVALUED it is" - Gingrich) should be rescinded, and he estimates (based on much recent conferences with various economists) that this could alleviate up to $500 billion of the $700 billion asked for by the bill. Just saying, I am all about this plan. If it works, leave it nullified. If it tanks, then reinstate it and try to draft another bill. In any case, Gingrich is the only person I've heard on any news station (Olbermann has spent his entire show dissing McCain and occasionally poking at Obama, because he and his guests have no fucking clue what to do) actually present an idea, an idea which is also fundamentally sound. Ideas? Input? |
| _______________________________________ [Sep 29,2008 10:51pm - the_reverend ""] gingrich was on a few shows and was awesome. it was crazy |
| ________________________________ [Sep 29,2008 10:53pm - Murph ""] Forbes is on right now backing the effect that the mark to market has had in crippling Wall Street. Why the fuck is this angle not being played? |
| __________________________________________ [Sep 29,2008 11:43pm - Conservationist ""] Gingrich is intelligent. I think the relief bill should have passed. There are too many regulatory laws, and too many algorithmic trades. |
| ________________________________________ [Sep 30,2008 11:00am - y_ddraig_goch ""] was he the guy who said "when grocery stores make bad investments they go out of business they don't get checks from the government. and "the fat cats on wall street think they're going to get a bailout from the sweat and hard earned money of joe six pack? |
| ________________________________ [Sep 30,2008 11:04am - aril ""] Newt Gingrinch was a cool/smart man. Plus, whenever I hear his name I want to eat some fig newtons |
| _______________________________ [Sep 30,2008 12:51pm - Yeti ""] wah she turned me into a newt! a newt? .......................i got better |
| ___________________________________ [Sep 30,2008 1:53pm - narkybark ""] They mostly come out at night... mostly. |