Off-Topic: Martini, maybe I am Wrong
(Shores Lake Specific)
0 messages
Updated
Lakes Online Forum
84,091 messages
Updated 11/8/2024 10:28:12 AM
Lakes Online Forum
5,204 messages
Updated 9/14/2024 10:10:50 AM
(Shores Lake Specific)
0 messages
Updated
Lakes Online Forum
4,172 messages
Updated 9/9/2024 5:04:44 PM
Lakes Online Forum
4,262 messages
Updated 11/6/2024 6:43:09 PM
Lakes Online Forum
2,979 messages
Updated 6/26/2024 5:03:03 AM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
Shores Lake Photo Gallery





    
Welcome, Guest Select View Mode: [ classic | beta | recent ]
Name:   GoneFishin The author of this post is registered as a member - Email Member
Subject:   Martini, maybe I am Wrong
Date:   9/30/2008 5:11:04 PM

I support the rescue as I am fearful that credit will really tighten and lead to a loss of jobs. The buying of distressed assets is designed to free up cash so it can be loaned again. I have no need for credit now or in the future so this is not a problem I need be concerned with.

China and other countries that finance our debt are becoming very concerned and are pushing the rescue. They buy our Treasuries because they trust our financial system to be strong. Few months ago, the Republican administration said the economy was fundementally sound. Now, the term is "dire".

Martini, as you run a "small" business (revenues of around $35MM), is this credit problem just a myth? I have so assume it is or you would be supporting it.

Thanks for your comments.

Other messages in this thread:View Entire Thread
A Refreshing Perspective - MartiniMan - 9/30/2008 4:42:16 PM
     Martini, maybe I am Wrong - GoneFishin - 9/30/2008 5:11:04 PM
          Martini, maybe I am Wrong - MartiniMan - 9/30/2008 5:24:53 PM
               Martini, maybe I am Wrong - Talullahhound - 9/30/2008 10:39:42 PM



Quick Links
Shores Lake News
Shores Lake Photos
Shores Lake Videos




About Us
Contact Us
Site Map
Search Site
Advertise With Us
   
Shores.LakesOnline.com
THE SHORES LAKE WEBSITE

Copyright 2024, Lakes Online
Privacy    |    Legal