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	<title>Comments on: The Latest ‘Bailout’ May Top $1.5 Trillion</title>
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		<title>By: proreason</title>
		<link>http://sweetness-light.com/archive/latest-bailout-may-top-15-trillion#comment-133329</link>
		<dc:creator>proreason</dc:creator>
		<pubDate>Tue, 10 Feb 2009 18:14:43 +0000</pubDate>
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		<description>I&#039;m with SG.

Does any rational person think that 1.5 Trillion is the end of this?   

15 trillion is more like it.   

Once these nutter programs get started, they take on lives of their own.   And there will be thousands of beaurocrats defending each $1,000 budget item as if their lives depended on it.</description>
		<content:encoded><![CDATA[<p>I&#8217;m with SG.</p>
<p>Does any rational person think that 1.5 Trillion is the end of this?   </p>
<p>15 trillion is more like it.   </p>
<p>Once these nutter programs get started, they take on lives of their own.   And there will be thousands of beaurocrats defending each $1,000 budget item as if their lives depended on it.</p>
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		<title>By: BillK</title>
		<link>http://sweetness-light.com/archive/latest-bailout-may-top-15-trillion#comment-133299</link>
		<dc:creator>BillK</dc:creator>
		<pubDate>Tue, 10 Feb 2009 16:12:05 +0000</pubDate>
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		<description>The big thing here and in the first TARP package is that firms in question are forbidden from paying dividends until the Feds are paid back.

In case you didn&#039;t recognize it, that means their stock price drops to near zero and the Feds will become their only source of funding, as no one aside from the Feds are going to be stupid enough to invest in a financial institution that cannot pay a dividend to shareholders.  It&#039;s &lt;b&gt;literally&lt;/b&gt; just throwing your money into a sewer grate.

It&#039;s just a question of whether you have your broker do the throwing or have the Federal Government &lt;b&gt;confiscate&lt;/b&gt; the money from you and &lt;b&gt;they&lt;/b&gt; do the throwing.

Yes, folks, bread lines will be back any day.

Not because, like in the Great Depression, people don&#039;t have money.

But because, thanks to Obama&#039;s policies, the dollar will be worth so little it will cost $100 for a loaf of bread.</description>
		<content:encoded><![CDATA[<p>The big thing here and in the first TARP package is that firms in question are forbidden from paying dividends until the Feds are paid back.</p>
<p>In case you didn&#8217;t recognize it, that means their stock price drops to near zero and the Feds will become their only source of funding, as no one aside from the Feds are going to be stupid enough to invest in a financial institution that cannot pay a dividend to shareholders.  It&#8217;s <b>literally</b> just throwing your money into a sewer grate.</p>
<p>It&#8217;s just a question of whether you have your broker do the throwing or have the Federal Government <b>confiscate</b> the money from you and <b>they</b> do the throwing.</p>
<p>Yes, folks, bread lines will be back any day.</p>
<p>Not because, like in the Great Depression, people don&#8217;t have money.</p>
<p>But because, thanks to Obama&#8217;s policies, the dollar will be worth so little it will cost $100 for a loaf of bread.</p>
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