About the bailout being turned down

[ciphergoth]

Intrade have had a market open for a few days on whether the bailout would go ahead by 30 Sep, and it's gone no higher than a 25% chance in the last 24 hours.

On the same page you'll find another market for whether we'll get one by 31 October, and that's still at 76%.

So at least some people who knew that this vote wasn't going to pass think there's going to be a bailout but not yet.

Also, scary fact from spyinthehaus: the cost of the bailout is roughly four times the value of all the gold in Fort Knox.

Comments

[palmer1984.livejournal.com]

It was interesting watching republicans talk about the bailout putting America on the road to socialism. They are insane.

[aidan-skinner.livejournal.com]

Only because they don't understand Socialism. What they actually mean is The Conservative Nanny State.

~/o I tried to teach her about Marx and Engels, God and Angels o/~