On Apr 21, 4:34 pm, alexy <nos...@[EMAIL PROTECTED]
> wrote:
> Vide...@[EMAIL PROTECTED]
wrote:
> >On Apr 21, 12:31 pm, alexy <nos...@[EMAIL PROTECTED]
> wrote:
> >> Vide...@[EMAIL PROTECTED]
wrote:
> >> >On Apr 21, 11:35 am, alexy <nos...@[EMAIL PROTECTED]
> wrote:
> >> >> Vide...@[EMAIL PROTECTED]
wrote:
>
> >> >> > coming to america soon,
> >> >> > 28 days, then 90 days, than 6 months, than a year, then maybe
> >> >> >lifetime? i betcha its coming. meanwhile we must not pamper the
little
> >> >> >guys, after all, they must be self responsible.
> >> >> > i wonder how many more 4 pound lobsters, french champagne, and
> >> >> >bonuses will be consumed after this little give away to the free
> >> >> >market.
>
> >> >> Do you read the articles you post?
> >> >> Do you know the meaning of debt forgiveness?
> >> >> Where did you think you saw anything in this article about debt
> >> >> forgiveness?
>
> >> > the above statement
>
> >> Actually, those three sentences are known as "questions", not
> >> "statements". And they are questions that you seem not to want to
> >> address. Do you think that "debt forgiveness" means anything like
> >> "Reduction in loan value when a loan is discounted from its original
> >> principal or charged off as a bad debt" that the dictionary says"?
Do
> >> you think there was anything in this article about debt forgiveness?
> >> If so, why not point it out?
>
> > you mean like bear sterns?
>
> No. Nothing in the article you posted about them or about another
> situation that parallels them.
>
its why you are not credible.
> > kinda looks like debt forgiveness to me.
>
> What debt was forgiven?
>
of course not, bear was not a bailout, nor the assets that they used
as collateral with the fed is any sorta debt forgiveness.
> >the investment hous that bout bear, did not want most of its so-called
> >assets, assets that i told you could not be sold, so what is their
> >value, worthless? you still cannot come to grips with that.
>
> And how do you think that relates to either the article you posted
> about the Bank of England or the concept of debt forgiveness?
>
of course it is. its why you have no credibility. there is a pattern
here between the two most affected economies over this, every time the
banks ask for more because they run out of money, the central banks
give ever more generous terms. of course you cannot understand this.
> > the fed
> >accepted the so-called assets, because morgan would not touch them.
>
> Yep. No debt forgiveness, but propping up of assets.
>
the famous quibble. then please pay my credit balance, it needs to be
propped up. when i die, like what happened to brear sterns, then you
get the assets, err, debt.
> > so
> >is that a bailout, where the ceo and board gets to keep their ill
> >gotten bonus's, and the fed gets worthless assets. you tell me.
>
> I agree. A windfall. They got $8/share on stock that had been trading
> at $65 a few months earlier. But in fairness, they should have gotten
> closer to $0. No debt forgiveness there, but an artificial propping
> up of assets.
>
yea right. they were worthless. now they are worth something, minus
the debt. geeesh.
> > if you had any capabilities at all, you would see the words "one
> >year", as a problem. and the beginnings of the fat cat debt
> >forgiveness.
>
> The sky is falling! The sky is falling! Run, we must tell the king.
>
>
you are in fine form again. you look like a fool.
>
>
>
> >> > is coming from a guy who could not see what was
> >> >coming last august. sorry alex, you are in no position to even
> >> >understand what is going on right now. remember, to understand, you
> >> >must be able to connect the dots, and understand that there are
other
> >> >shoes about to drop. OBTW, the other shoes have been dropping almost
> >> >daily now since you last slunk away.
>
> >> >> >http://biz.yahoo.com/ap/080421/britain_credit_crisis.html
>
> >> >> >Bank of England facilitates bank debt swap
> >> >> >Monday April 21, 7:40 am ET
> >> >> >By Robert Barr, Associated Press Writer
>
> >> >> >Bank of England offers banks $100B program to swap
mortgage-backed
> >> >> >securities for UK issues
>
> >> >> >LONDON (AP) -- The Bank of England, aiming to deal with the
crippling
> >> >> >impact of the U.S. subprime mortgage crisis, on Monday announced
a
> >> >> >$100 billion plan to allow banks to swap mortgage-backed
securities
> >> >> >for British Treasury bills.
> >> >> >"The Bank of England's special liquidity scheme is designed to
improve
> >> >> >the liquidity position of the banking system and raise confidence
in
> >> >> >financial markets while ensuring that the risk of losses on the
loans
> >> >> >they have made remains with the banks," said central bank
Governor
> >> >> >Mervyn King.
>
> >> >> Reread that paragraph several times to see if it sinks in.
>
> >> > i understand it totally. you do not.
>
> >> And you think it refers to debt forgiveness? What debt is being
> >> forgiven? If you understand it totally, why not share your insight
> >> with us lesser mortals?
>
> >you will never change, this quote is for you,
> > "our state and nation have experienced major declines resulting from
> >contem****ary conservative leaders and their simplistic ideas. their
> >dour polices regularly fail to connect the dots, let alone comprehend
> >the space between them.
> >richard a. swanson"
>
> Nice quote. Is that offered since you cannot figure out what a debt is
> and how it is forgiven?
>
>
its meant as a look in the mirror quote.
>
>
>
> >> >> >"Given its scale, the scheme is indemnified by the Treasury, but
is
> >> >> >designed to avoid the public sector taking on the risk of
potential
> >> >> >losses," the Bank of England said.
> >> >> >"Banks will need, at all times, to provide the Bank of England
with
> >> >> >assets of significantly greater value than the Treasury bills
they
> >> >> >have received. If the value of those assets were to fall, the
banks
> >> >> >would need to provide more assets, or return some of the Treasury
> >> >> >bills."
>
> >> >> Hard to read that as debt forgiveness.
>
> >> And so far, you've provided no insight into how you read debt
> >> forgiveness into this.
> >> --
>
> >"one year"
>
> That's your explanation for how you read "debt forgiveness" into this
> article. That's pitiful.
> --
i expect no less from you.
> Alex -- Replace "nospam" with "mail" to reply by email. Checked
infrequently.
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