NNN0LHI
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:01 AM
Original message |
What happens if all this bailing out of banks and insurance companies does not work? Then what? |
|
Whats Plan-B? Is there a Plan-B?
Anyone know?
Don
|
Billy Burnett
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:03 AM
Response to Original message |
1. Victory gardens and ox carts. |
|
Eventually rafters will be heading TO Cuba.
|
Generic Other
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:03 AM
Response to Original message |
2. Plan B is our medicare and social security |
|
and our savings next, followed by everything else we own. Guess we all need to start re-reading GRAPES of WRATH.
|
no_hypocrisy
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:04 AM
Response to Original message |
Hugabear
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:04 AM
Response to Original message |
4. Then we go into a Super Depression |
|
One that will make the Depression of the 1930s look like a walk in the park. You'll see record unemployment that will make 1920s Germany look enviable. The US will become a feudal system, with vast majority of people in poverty, begging for scraps from the elite wealthy who managed to withdraw their $$$ in time.
|
Ian David
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:06 AM
Response to Original message |
5. Remember the Mad Max movies? n/t |
EmeraldCityGrl
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:09 AM
Response to Original message |
6. It's already worked...public money transfered to private industry... |
Zorro
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:11 AM
Response to Original message |
7. Print more money like crazy |
|
Devalue the dollar and make everyone poorer.
That's plan B.
|
arcadian
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:12 AM
Response to Original message |
|
When that happens, Obama's administration enacts a New Deal type program. Oh, but people who voted for McCain won't get any help as I'm sure they would refuse help from a program that they perceive as "socialist". So fuck them, they starve in the streets with their dignity and their political ideals intact, yeaaaaaaa riiiiiiiight.
|
Beausoleil
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:17 AM
Response to Original message |
SweetieD
(517 posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 02:56 PM
Response to Reply #9 |
28. And if that doesn't work, there's always Plan C |
Hestia
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:17 AM
Response to Original message |
10. Doesn't Naomi Klein seem prescient with her book "The Shock Doctrine" |
|
If you read the chapter on South Africa, it seems that scenario is what they are trying to ram down our throats. Today, 90% of SA GDP goes to pay off their Afrikaaner torturers. I've been thinking this morning about that chapter and the warning, "while we were holding trials, they were looting our treasury. We didn't understand economics. (parapharased)"
Which is what we need to do - yes, 1/2 of us needs to press for high crimes and misdemeanors the other 1/2 on the economic aspect. What the neo-cons do is run up massive massive debt, then expect the new regime/president/country to pay off the debts of the old regime, like a gentleman's agreement.
I keep wondering what would happen if we refused to pay off Bush's debt. Press in International Court for the money from the very people who looted it. I know, I know, they've absconded to Dubai, but press for arrest warrants the second they step out of that country.
|
Locrian
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 10:54 AM
Response to Reply #10 |
20. she nailed it 100% - Prophetic |
|
I tell everyone who wants to know our future to read Naomi Klein's book "The Shock Doctrine".
Its now like it hasn't happened before. Oh yeah, thats right. Not to "us" so it didn't matter. (sarcasm)
|
OneGrassRoot
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 03:56 PM
Response to Reply #10 |
33. Me thinks this isn't politics as usual any more. Some major shit... |
|
needs to hit the fan.
Heads need to roll, and I hope the Dem Congress finds their spine. It's frog marchin' time.
|
raccoon
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:18 AM
Response to Original message |
Hestia
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 10:44 PM
Response to Reply #11 |
34. ...but we haven't gone nuclear...Lucifer's Hammer might be better |
Javaman
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:18 AM
Response to Original message |
12. like everything else the repukes do, there is no plan B. |
|
in a word we will be fucked.
|
Virginia Dare
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:37 AM
Response to Reply #12 |
14. But McBush just said yesterday he knows how to fix the economy.. |
|
he also knows how to "win" the war, we just have to elect him and he'll give us a the magic beans...he's a classic case of Munchhausen by proxy.
|
melody
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:22 AM
Response to Original message |
13. We'll find a way ... we always have, we always will |
|
Nihilists are having a field day with this but I honestly think we'll come out of all this stronger as a people.
|
Virginia Dare
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:39 AM
Response to Reply #13 |
16. Think of it as a major hurricane.. |
|
this is the relative calm before the storm, some big waves coming in and the wind kicking up a bit.
|
melody
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 02:16 PM
Response to Reply #16 |
26. As I've posted elsewhere ... |
|
My friend Elayne spent 4 hours on the Suicide Hotline last night The emergency services had to respond to two overdoses. The primary panic was over job loss and economic downturn.
I'm glad you guys are resilient enough to wallow in suffering but many people cannot do that. I said what I said for them. You guys, by all means, party on.
|
SmokingJacket
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 10:59 AM
Response to Reply #13 |
21. As always. But it always entails a lot of suffering on the part of |
|
people who can least afford it.
|
melody
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 01:54 PM
Response to Reply #21 |
24. My friend Elayne spent 4 hours on the Suicide Hotline last night |
|
The emergency services had to respond to two overdoses. The primary panic was over job loss and economic downturn.
I'm glad you guys are young and resilient enough to be excited into wallowing in the thought of suffering but many people cannot do that. I said what I said for them. You guys, by all means, party on.
|
SmokingJacket
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 02:55 PM
Response to Reply #24 |
27. Erm, why do you think I'm wallowing in suffering? |
|
I just said that Yes, we Americans will survive, of course we'll survive, but there will be lots of suffering. That will include my own family, so NO, I'm not enjoying it.
|
melody
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 03:47 PM
Response to Reply #27 |
29. A lot of the posts have focused only on the negative |
|
That's what I'm challenging. If you don't own the word "wallow", then you don't, but the focus seems to be an almost addictive reaction to the darkest scenarios. Only you know your own thoughts.
|
SmokingJacket
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 03:50 PM
Response to Reply #29 |
Virginia Dare
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:38 AM
Response to Original message |
15. They're just holding their fingers in the dyke at this point.. |
|
there simply isn't enough money to keep bailing. These are temporary measures to buy time and delay the inevitable.
|
guitar man
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:47 AM
Response to Original message |
17. then we're even more screwn |
Suji to Seoul
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 09:51 AM
Response to Original message |
18. Plan B? We don't have Plan A. But, this cartoon answers your question: |
KillCapitalism
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 10:04 AM
Response to Original message |
|
Maybe if we kiss their ass enough, or offer them Taiwan on a silver platter, they might just forgive our debts.:shrug:
|
RobofSWVA
(104 posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 11:00 AM
Response to Original message |
|
Gnome 1: This is where all our work is done. Kyle: So what are you gonna do with all these underpants you steal? Gnome 1: Collecting underpants is just phase one. Phase one: collect underpants. Kyle: So what's phase two? Gnome 1: Hey, what's phase two?! Gnome 2: Phase one: we collect underpants. Gnome 1: Ya, ya, ya. But what about phase two? Gnome 2: Well, phase three is profit. Get it? Stan: I don't get it. Gnome 2: (Goes over to a chart on the wall) You see, Phase one: collect underpants, phase two- Gnome 2: Phase three: profit. Cartman: Oh I get it. Stan: No you don't. Kyle: Do you guys know anything about corporations? Gnome 2: You bet we do. Gnome 1: Us gnomes are geniuses at corporations.
|
ThomWV
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 11:01 AM
Response to Original message |
23. Then we will see what this economy really looks like ... |
Cleita
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 02:02 PM
Response to Original message |
25. I'm fearful plan B is printing a lot of money to induce inflation, |
|
which will enable the government to more easily bail out these companies and to pay off our indebtedness to China if China demands it. The negative effects will be to wipe out the life savings of ordinary people like myself. Then I won't be able to afford the gun and ammo I will need to do myself in.
|
AlCzervik
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 03:49 PM
Response to Original message |
30. you mean like if the US loses it's triple A bond rating and we can't borrow anymore? |
JCMach1
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Sep-17-08 03:51 PM
Response to Original message |
32. The not working part began today- liquidity is completely drying up |
|
for the banks... Expect the FED to drop the rate this week in a vain attempt to stem the flow.
|
DU
AdBot (1000+ posts) |
Fri Apr 26th 2024, 09:56 AM
Response to Original message |