The Political Carnival: Barney Frank Respnds To Republicans' "Hurt Feelings"

Monday, September 29, 2008

Barney Frank Respnds To Republicans' "Hurt Feelings"

He kills me. Via Cesca.

12 comments:

Cyndi said...: lol, he always entertains.; September 29, 2008 4:29 PM
amy c said...: Oy. I'm never going to be able to retire. Good thing I'm still in my 30's.; September 29, 2008 4:33 PM
John McConnell said...: In regard to the bailout -- I was initially very against it, now I think we should absolutely pass it, and at some future time place blame on it came to this. This is the real deal kids -- I think if we don't pass this thing, Immediately, the whole economy tanks.; September 29, 2008 4:40 PM
Alison said...: It's tanking pretty badly right now with news of the deal falling through.; September 29, 2008 4:50 PM
lexusoakland said...: amy c... try being 59, and looking at this... and seeing retirement just slipping further and further away...; September 29, 2008 5:01 PM
TheKingFiphtin said...: Yep. My 401k is worth about $78 right now.; September 29, 2008 5:01 PM
TheKingFiphtin said...: But I haven't had much time to build it up yet. I'm pretty young.; September 29, 2008 5:02 PM
Anonymous said...: My question is: If it weren't an election year would this have just passed and the partisan politics thrown out the window?; September 29, 2008 5:31 PM
Cyndi said...: sorry 2 be the doom and gloom, but can I ask a question: Why the heck would you put your retirement or 401K in the Stock market?

No one should ever put their 401k or majority of their long term personal investment in the open market. Any income you'll need in the next 10-30 yrs should always go into highly controlled diverse investment from government MF/Bond, etc. Can't trust the market since 2001.; September 29, 2008 6:40 PM
sG said...: That? Was kind of awesome.; September 30, 2008 12:24 AM
Anonymous said...: Unfortunately thats what a 401K is. It is investing in some stocks bonds and short term instruments. In order to make enough to retire many choose the aggressive growth "Stock" option. Thats how it is designed to support the financial markets. You can have your stocks diversified evenly all you want whether it is in a 401K or IRA and still loose money. Its an investment so all of them have a level of risk no matter what. If McCain had his way we would all look to this method for retirement. But it is truly a gamble.; September 30, 2008 12:25 AM
Margali said...: If the Republicans would throw the entire country under the bus because they were insulted by Pelosi, they are beneath contempt. John Boehner claimed this wasn't about Democrat or Republican, and yet that is precisely what his excuse attempted to reduce the issue to in order to excuse this sabotage.

If the economy comes to a screeching halt as credit freezes up, it is because these petulant children could not stand hearing blame laid squarely where it belonged: on the deregulation-happy party in the White House.

This is not a great bailout plan, but dammit, it is the best compromise offered thusfar. And we need ACTION!; September 30, 2008 1:06 AM

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