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Senator LooGAR
 Post subject: Consumer Credit Bailout?
PostPosted: Fri Feb 27, 2009 12:21 pm 
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A True Aristocrat of Freedom

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Location: a worn-out debauchee and drivelling sot
When do we think it's going to happen?

Cos if I didn't have to pay my CC bills, I'd be fookin' rich.

I don't want to do the right thing here if I can get off easy on the gubmint tit.

Suggestions?

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Throughout his life, from childhood until death, he was beset by severe swings of mood. His depressions frequently encouraged, and were exacerbated by, his various vices. His character mixed a superficial Enlightenment sensibility for reason and taste with a genuine and somewhat Romantic love of the sublime and a propensity for occasionally puerile whimsy.
harry Wrote:
I understand that you, of all people, know this crisis and, in your own way, are working to address it. You, the madras-pantsed julip-sipping Southern cracker and me, the oldman hippie California fruit cake are brothers in the struggle to save our country.

FT Wrote:
LooGAR (the straw that stirs the drink)

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Flying Rabbit
 Post subject:
PostPosted: Fri Feb 27, 2009 12:51 pm 
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May contain Jesus.
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If this would occur it sure would give a lot of people a fresh start in life.

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Baltimore is a town where everyone thinks they’re normal, but they’re totally insane. In New York, they think they’re crazy, but they’re perfectly normal. --John Waters
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Dick Meatwood
 Post subject:
PostPosted: Fri Feb 27, 2009 12:55 pm 
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Location: The Weapon Store
I hope they can hold off a little bit so I can build up some real debt.

I'd love to get some free stuff.
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Senator LooGAR
 Post subject:
PostPosted: Fri Feb 27, 2009 12:58 pm 
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Drank Wrote:
I hope they can hold off a little bit so I can build up some real debt.

I'd love to get some free stuff.


I know, right.

I'm talking about writing a 5 figures-ish check this week....

_________________
Throughout his life, from childhood until death, he was beset by severe swings of mood. His depressions frequently encouraged, and were exacerbated by, his various vices. His character mixed a superficial Enlightenment sensibility for reason and taste with a genuine and somewhat Romantic love of the sublime and a propensity for occasionally puerile whimsy.
harry Wrote:
I understand that you, of all people, know this crisis and, in your own way, are working to address it. You, the madras-pantsed julip-sipping Southern cracker and me, the oldman hippie California fruit cake are brothers in the struggle to save our country.

FT Wrote:
LooGAR (the straw that stirs the drink)

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Hegel
 Post subject:
PostPosted: Fri Feb 27, 2009 12:58 pm 
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Go Platinum

Joined: Tue Oct 26, 2004 3:13 am
Posts: 8264
Location: Norfolk, VA
Yeah, they'd have a fresh start to start living outside their means again. No one wants consequences to their actions anymore. I know this is sort of an "in jest" thread, but still...I'd be horrified if they did that.
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Yail Bloor
 Post subject:
PostPosted: Fri Feb 27, 2009 1:20 pm 
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Whiskey Tango
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timmyjoe42
 Post subject:
PostPosted: Fri Feb 27, 2009 2:35 pm 
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frostingspoon
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What's the current proposition on this thing?
I haven't had a chance to look into it since the family got home.
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mugwump67
 Post subject:
PostPosted: Fri Feb 27, 2009 2:43 pm 
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Joined: Thu Jan 05, 2006 5:57 pm
Posts: 1656
Location: Just getting back from Highway 61
timmyjoe42 Wrote:
What's the current proposition on this thing?
I haven't had a chance to look into it since the family got home.

What!?! I thought Loog was just being facetious.

I'd support reforming the bankruptcy 'reforms' that got though a few years ago (thanks Biden...), but a consumer credit bailout is unconscionable.

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"I don't think things are hoots. I don't. I don't think it's a hoot. I would never use the word hoot, and I respectfully ask that every time my name is brought up she would stop using the word 'hoot."

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timmyjoe42
 Post subject:
PostPosted: Fri Feb 27, 2009 2:45 pm 
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frostingspoon
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See, I hadn't heard anything about it, so it wouldn't surprise me if it happened.
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Senator LooGAR
 Post subject:
PostPosted: Tue Mar 24, 2009 10:59 am 
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A True Aristocrat of Freedom

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Posts: 22121
Location: a worn-out debauchee and drivelling sot
http://www.washingtonpost.com/wp-dyn/co ... id=topnews

Damn Democrats.

_________________
Throughout his life, from childhood until death, he was beset by severe swings of mood. His depressions frequently encouraged, and were exacerbated by, his various vices. His character mixed a superficial Enlightenment sensibility for reason and taste with a genuine and somewhat Romantic love of the sublime and a propensity for occasionally puerile whimsy.
harry Wrote:
I understand that you, of all people, know this crisis and, in your own way, are working to address it. You, the madras-pantsed julip-sipping Southern cracker and me, the oldman hippie California fruit cake are brothers in the struggle to save our country.

FT Wrote:
LooGAR (the straw that stirs the drink)

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Kingfish
 Post subject:
PostPosted: Tue Mar 24, 2009 11:43 am 
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Go Platinum

Joined: Thu Mar 24, 2005 7:04 pm
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Location: NOLA
Senator Lou Gar Wrote:
http://www.washingtonpost.com/wp-dyn/content/article/2009/03/24/AR2009032400808.html?hpid=topnews

Damn Democrats.


It's a contract and according to Larry Summers, you can't break a contract. :wink:

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I tried to find somebody of that sort that I could like that nobody else did - because everybody would adopt his group, and his group would be _it_; someone weird like Captain Beefheart. It's no different now - people trying to outdo ! each other in extremes. There are people who like X, and there are people who say X are wimps; they like Black Flag.

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Dalen
 Post subject:
PostPosted: Tue Mar 24, 2009 11:49 am 
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Yail Bloor Wrote:
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holy LOLZ!
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nobody
 Post subject:
PostPosted: Tue Mar 24, 2009 12:19 pm 
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Location: St. Louis
I like how much of the credit problem, or at least some, seems to stem from people being given more credit at higher rates than they can possibly afford. And then the guy in that article defending the industry complains the regulations will keep them from being able to offer as many credit cards to people who are bad credit risks like that would be a travesty. Gee...reallly? Think maybe that's the idea?

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"It's clear. I'm done for. There is no salvation for me now. And my head is devoid of any elevated thoughts." - Daniil Kharms

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thrillhouse
 Post subject:
PostPosted: Tue Mar 24, 2009 12:25 pm 
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nobody Wrote:
I like how much of the credit problem, or at least some, seems to stem from people being given more credit at higher rates than they can possibly afford. And then the guy in that article defending the industry complains the regulations will keep them from being able to offer as many credit cards to people who are bad credit risks like that would be a travesty. Gee...reallly? Think maybe that's the idea?


you have to love a business model where your best customer is a guy who can't ever afford his entire bill.

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Stop Breathin'
 Post subject:
PostPosted: Tue Mar 24, 2009 1:05 pm 
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Posts: 8283
Location: viewing the fall....
nobody Wrote:
I like how much of the credit problem, or at least some, seems to stem from people being given more credit at higher rates than they can possibly afford. And then the guy in that article defending the industry complains the regulations will keep them from being able to offer as many credit cards to people who are bad credit risks like that would be a travesty. Gee...reallly? Think maybe that's the idea?


No shit. I also love the point of these banks coming to the government asking for mercy with an open hand, while using the same open hand to bitch-slap the unfortunate consumer into collection. The longer this goes on (AIG, etc.) the more I want firing squads or even, more appropriately, guillotines put into use.

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because you're empty, and I'm empty

Cotton Wrote:
I'd probably just drink myself to death. More so, I mean.


"Hey Judas. I know you've made a grave mistake.
Hey Peter. You've been pretty sweet since Easter break."

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