Bailout: Kaya kong maging Presidentress nang Amerika!

by Rainier on October 5, 2008

The Bailout

An sama-sama nang tama nang lecheng bailoutlecheng_dow_bagsak.JPG chorva na to saken mga kunichiwa! Napa-praning ang Reyna. Leche sila! Mga tiga Wall Street ang minumura hindi mga blogista! Walang ba silang alam sa problema? Ano baaa??? Binasa ko ang Bailout, from page 1 to page 451. Hehehe! Charing lang! Haller!!! Porno lang ang binabasa ko nang back to back, page 1 to infinity. Ini-istok ko mga models at ultimo advertisement, memoryado ko. Hahaha!

Another final Washington DC job debate

Kaya on Monday, October 6, 2008, may I shall return ako back to Washington DC for yet another late-breaking development, for yet another final job interview with another investment company. And while there?! Kakausapin ko si Gov. Sarah Palin, kelangang palitan ko si John McCain, na ako na lang ang tatakbong Presidentress. Kaya kong maging Presidentress nang Amerika!

Let me explain.


Deregulation led to subprime

By now, you should have understood na ang source nang mga katarantaduhang to sa Wall Street was the deregulation na nangyari noong housing boom chorvalais. Binagsak nila ang interest rates, walang pakundangang pautang, naglabasan ang mga daga. Essentially ang tinatawag na deregulation means, ?Hala! Bira! Tira lang mga pare!?, kaya ang pesteng Wall Street investment and mortgage companies pati na mga loan originators eh nagmistulang mga bampira went on a rampage at kanya-kanyang ka-eklavuhang rules kung pano mag-pautang. Haller!!! Hindi lahat nang tao sa Amerika anghel! Karamihan sa mga to mga demonyo! Kaya ayun, kahit tigbak, pina-utang. (Read my subprime entries).

Result? Subprime.

Sabi nga ni Cat, dead rats, foreclosed houses, dying corporations, banks wid no anda and rest in peace investment certificates.

Bailout rescue

Eto ngayon ang Kapitolyo. Pinalipad si Super-Bailout worth $700 billion. Pambili namen yan nang tainted milks galing China, pambili nang wheelchair, turnilyo, bumbilya at pang-ispalto nang kalsada. Sino ang ni-re-rescue nang bailout na to? Eh di yong mga ulupong at mga ganid na mortgage loan originators at mga investment companies na nagbenta nang mga rest in peace investment certificates. Alam nyo ba kung sino ang magbabayad nito? ~*tinuturo sarili*~. Kaya after this elections? Sabi ni Madame Auring, kahit na si Obama pa ang manalo, I see taxes rising. Kaya, walang re-election ang Obama. Hahaha!

Kaya kung ikaw eh merkanong-pinoy, ano ba talaga ang what?s in it for ya sa lecheng bail-out na to? Hear me out.

Safe bank deposits

Kung meron kang $250,001 deposits sa bangko, ang $1 lang ang hindi safe. Dati kasi FDIC guarantees $100,000 lang. Pero, alam mo ba na ultimo yong deposit mo eh pinang-grocery nang mga puta at binili nang subprime? Mga ganid kasi ang to eh. So, they don?t have that much bank capital no more. Eh kelangan nila yon to operate. Banks operate very simply. Pag nag-may-i-borrow and bank nang $100, kelangan nila nang extrang $10 (at least) of their own money, para pag nag-decline ang value nang loan nang say, 10%, covered pa sya nang bangko. Decline?! Ba?t mag-dedecline? Eh binebenta kasi tong mga lecheng utang na to sa Wall Street. Law of supply and very demanding investors.

Bank lending cycle

Let?s review the cycle. Banks will loan you money. Banks get the loan certificate. Loan certificates are sold in the market. Me pera na naman ang banko to loan sa new customers. Ganun ang cycle. Remember my sub-prime? Ngayon, if the bank don?t have any capital to make loans, it can?t make interest payments dun sa mga depositors who save and expects to earn interest sa deposito nila. Korak?

Market volatility

One of the things na ginagawa nang lecheng bail-out na to, is to make the stock exchanges or Wall Street and to a larger extent the world market to be less volatile. Mababawasan ang volatility sa market. Pinapakalma ang mga napapa-praning na Reyna na gaya ko.

Tsismosong speculators

Bulate sa Wall Street? Gaga. Parang tama. Pero hindi. Ganito. Ang volatility is like nerbyusity nang mga investors sa market. Pag nini-nerbyus ang mga investors, minsan nakakaisip nang katangahan, ida-dump bigla ang mga stocks or currencies na hawak nila as papel. Gagayahin nang ibang tangang investors worldwide, nagkakaron nang sell-out sa Wall Street, bagsak ang Dow, maraming nalulugi. Remember, karamihan sa mga investors at speculators na to are banking on haka-haka? Sa totoo lang, sila-sila tong nag-tsi-tsismisan! Ganun.

Homeowners on foreclosure

Essentially, ang bailout na to will be buying to some deretsahang terms: bad debts, mga mortgage receivables na indi na makokolekta from homeowners dahil mga wala na ngang pambayad ever. Now, in effect lumalabas na binayaran nang gobyerno ang utang nang mga homeowners sa bangko na wez na nilang mabayaran.

Silence of the lambs-Wall Street will probably regulate their own

Paid off nang gobyerno ang mortgage utang ko sa bangko?! Gaga. Hindi. Kaya wag kang mag-jingle bells na parehas nang kin-wento ni Cocoy (Comment # 15) sa California. It’s not quite – not quite – not quite. Dahil this is da big, to be or not to be, that is the question. What will happen to these homeowners? Will the bank provide them AGAIN with traditional mortgages na afford nila? Wa answer ang bailout. Silence of the lambs. I guess, the banks will have to make their own rules again. Read: parehas to nung deregulation because free na naman ang banks to decide on their own! Mga leche sila!

Wag munang magsaya kasi eto ang sabi mga kapwa ko pekeng merkano:

Hope for Homeowners

The law states that the Treasury Department is required to ?maximize assistance to homeowners? and encourage mortgage servicers to modify loans through programs including Hope for Homeowners, which went into effect this week. The department is required to report the number of modifications and foreclosures within 60 days after the bill becomes law.

2012 the Mortgage Forgiveness Debt Relief Act of 2007

It also extends through 2012 the Mortgage Forgiveness Debt Relief Act of 2007. Under the program, homeowners whose mortgage amounts were reduced will not owe tax on the amount forgiven, which is sometimes treated as income. And the law provides that renters who live in foreclosed properties can remain in their homes, under the terms of their leases.

Alternative Minimum Tax

Meron ding provision about AMT, basically to protect middle-class people like most Pinoys in Amerika para mabawasan ang income that is subject to tax.

For joint filers, the exemption would increase to $69,950 from $66,250 in 2007, and, for singles, to $46,200 from $44,350. Medyo maganda sya, diba? Noong previous years kasi, yong exemption amount begins to phase out once joint-return filers? taxable income exceeds $150,000, or $112,500 for singles.

Higher education tax breaks

Marami pa syang kaeklavuhan. They extended the higher education expenses up to 2009 that applies to all taxpayers pati na yung mga hindi nag-a-itemize nang mga expenses. Single filers with adjusted gross incomes up to $65,000 (or $130,000 for joint filers) can deduct up to $4,000 for education expenses. Taxpayers with income less than $80,000 (or $160,000 for joint filers) can claim a deduction of up to $2,000.

Not discussing everything here

I won?t discuss the rest like Alternative Energy or Disaster Relief dahil alam ko, karamihan sa mga Pinoy na mga doctors, nurses, programmers, engineers, musicians, accountants, consultants and teachers lives in gated communities. Ako? Dahil ako eh cute na pokpok, ang bahay ko andun sa labas nang gate nila. For kwik travel pag me tawag ang customer.

Reklamo nang bungangerang Reyna

These whole shit started with deregulation that led to subprime that led to Wall Street tikbalangs. Wala akong mabasa that really tries to resolve or even deal with the issue about:

  1. What do you do with the lending process na ginamet nila to be greedy? Kanya kanyang police each other one another and it’s gonna be the same last year ever and ever? How come parang pinapabayaan pa rin nila ang Wall Street to regulate themselves?
  2. Although, I’m sure the American people are very thankful with the work of the Securities and Exchange Commission, federal and state regulators and prosecutors, catching these Wall Street crooks; what do you do with these mortgage operators and loan originators who stole a lot of money from investors and depositors? I have not heard one mortgage bank nor one loan originator na ibinalandra sa federal prison.

Bakit Conchita?! Bakit?!

Let the banks fail

Bakit hindi hayaang mag-bank run ang mga lecheng bangko na yan who really contributed to all these problems? Let them fail. Pagdusahin ang mga tikbalang na yan. Let them evaporate but in an orderly manner. Tutal safe naman ang mga deposits up to $100,000 (before the bailout) and business will go as usual and better banking will soon follow.

Pero Reyna, wala nga kasing liquidity, kaya di pede.

Huh?! Sabihin mo yan ki Uncle Sam. Ga-bundok ang pera nang Federal Reserve. I fully understand the theory behind maintaining liquidity or short-term credit markets: (read: panandaliang chorvahang pautang). Because eto yong mega-fuel nang mga maliit na negosyo. Wez, dito magaling ang Feds. Magpautang. Kaya nilang pautangin ang mga matitinong small businesses.

What they do in Wall Street, they do to the world!

Yes, I understand they have to do something even though I feel that the bailout does not resolve the problem. Will there be more subprime gremlins marching into the credit market? Who knows. I?m not a Congressness, a Senatress or a Governess. I am just one small-time blogger and I know that if they don?t ?do something?, the volatility in the market will rule the universe. The Dow will continue to slide. And that?s what this bailout is all about, because if they don?t, we won?t know what will happen next because everything that happens in Wall Street affects pati na sa Mutya nang Pasig.

It doesn’t rain money in California no more

Finally, to my Kumpareng Cocoy at sa mga kapwa kong pinoy merkanong mga tiga California. Pag bineyl-out pa nang gobyerno ang California, isasambulat ko na ang sekreto ko, pati ni victorino sa kongreso!!! At handa akong makipag-sabunutan sa Governeytor ninyo! Hahaha! Leche! Pag-gising ko today, tineyk-over nang Citigroup ang Wachovia! Waaaaa!!! Hindi man lang nag teks saken ang mga board of directors nila! Hu! Hu! Hu! Ang iniimbak kong salapi pambili ko nang mga lalaki Nalimas na ata! Grrr! Dalhin sila sa harap ko at mabigyan nang pagkahigpit-higpit na hugs and kisses!!! Waaa!!!

This is an update (10/4/08)

I can’t understand the sweeterners that the Bush Administration put in the package so that Congress would pass the bill. Now, what does racing and hollywood got to do with subprime? What? I don’t understand!!!

what_kind_of_bailout.JPG

And the lawmakers bought the stupid sweeteners! They rescued America. Rescued?!

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{ 24 comments… read them below or add one }

The Ca t October 4, 2008 at 5:09 pm

Remember, karamihan sa mga investors at speculators na to are banking on haka-haka? Sa totoo lang, sila-sila tong nag-tsi-tsismisan! Ganun.

=================

totoo yan reynz. kita mo biglang bagsak ang price ng Apple dahil sa tsismis na kinagat naman ng online newspaper na inatake sa puso si Steve Jobs. Ang sama nila talaga.

http://www.bloomberg.com/apps/news?pid=20601103&sid=atekONWyM7As&refer=us

The Ca t’s last blog post..Bailout was approved and signed-Now What ?

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reyna elena October 4, 2008 at 6:22 pm

wow! news to me! i did not know this! hahaha! thank you for the link! i bet u maraming mga stock traders and kumita sa baluktot na news na to! kaya, dun sa mga investment articles ko na parang i seem to give an advice, nag-lalagay ako nang disclaimer hahaha i learned this sa office hahaha mahirap na baka bawiin ang ID ko sa federasyon hehehe

reyna elena’s last blog post..Bailout: Kaya kong maging Presidentress nang Amerika!

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The Ca t October 4, 2008 at 7:50 pm

nakita mo ba yong ikinarga nilang mga tax breaks doon sa bill? wla namang relasyon sa financial crisis…mga bills lang para sa NASCAR, tax rebates para sa imported rhum ,
manufacturers of wooden arrows for children will be shielded from an excise tax applied to other shafts.

Ang gugulang. Parang nagpadala ka ng balikbayan box, may mga kinarga sila na hindi naman kasama doon.

Tapos ang binigay lang sa ating mga taxpayers ay maliit na increase sa exemption…kagaya ng 46,200 para sa single mula sa 45,000. 69750 para sa joint filer from 67,500 to 69750.

sa single filer, 1,200 lang pag minultiply mo ng taz na sabihin nating 30 per cent…360 lang ang nsave na tax. hhuhuhu.

sa married and joit filer naman , halos ganoon ang difference, kumbaga ateng barya lang sa taxpayers at million na naman sa mga businessmen. Sheesh.

The Ca t’s last blog post..Bailout was approved and signed-Now What ?

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Cocoy's Delight October 4, 2008 at 9:27 pm

I?m serious here. How am I supposed to enjoy the weekend when Congress just ripped me, personally, off for at least few grand of my hard earned dollars and probably more by the time the truth comes out. Okey, the mindset is to buy bad debt, hold it and hopefully turn a profit. The market looks to be stagnant and may remain that way for a while.

Let?s say this stagnation lasts 3 years, then takes another 3 to begin to rise. With that scenario it would be 6 years before the government can begin to see a return on this investment. Increase that to 5 years stagnation, and you get 10 years,6 years = 12 etc.etc.etc. The government may be able to turn a profit. in a decade or two. until then we?re stuck. bad economy and debt on top of it. If things get worse before they get better, which is usually the case, who will help? The government just spent the last of our money. I think this was bad no matter how you slice it. Something had to be done, yes. but not this. No one could come up with anything better than this? To me it appears that the system is broken. To throw money at a broken system doesn?t make much sense. First the system should be fixed. Then maybe a stimulus package or something of that nature. But to force a bill thru congress because ?something had to be done? is very bad governing practices. $700 billion just buys enough time for the next President to get stuck with the dirty diapers. Criminal, this is all criminal.

I can?t believe the gall of Congress in lecturing Wall Street and the President when they were just as guilty that this happened as they were. From the 1990?s onward, this disaster was in the wings. With the bailout today, Congress and this President screwed us again! Every person that voted for this bailout needs to be voted out of office. Neither Obama nor McCain deserve to be President for supporting this bailout. If I had my way, every Dem and Rep would be thrown out of Congress. I thought that I could not be more disgusted with politicians until their actions today. Consider this: The Democrats always help the Bush Administration. They approved the war in Iraq, they approved the bail out. There?s no real opposition? Just a lot of talk.. talk.. talk. Oh happy days for the Democrats. Lets see, they put the economy in the crapper, tax payers bail it out, Raynes and Johnson are laughing all the way to the bank of Obama, Franks will get a promotion, Pelosi will celebrate by botoxing her face yet again.

Cocoy’s Delight’s last blog post..Bailout is a Law

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maxi October 4, 2008 at 9:45 pm

“Single filers with adjusted gross incomes up to $65,000 (or $130,000 for joint filers) can deduct up to $4,000 for education expenses.” ang amount na to ay equivalent lang pambayad ng tuition para sa isang subject wala pang libro at kung ano ano pang anik anik. nalolurkey ako sa information na to!

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reyna elena October 4, 2008 at 9:46 pm

it is a rip-off. it was already a rip-off in the beginning and this bail-out does not resolve the problem and because no one want to accept the blame because both parties are to blame for what happened.

what i did not like from this bail out was that, there was no judicial challenge at all – as in what are they gonna do with this bail out, that’s why when i started looking into it, you’d be suprised pare, it seemed to be favoring NOT the typical homeowner! they’re giving out tax breaks and everything that has got nothing to do with the problem! so – what are they solving? it’s the market. they’re trying to calm the market. and yeah, we were ripped from the start and it looks like we’re gonna have to shell out some more of our taxes to pay for this one!

believe you me, whoever wins this election will not get reelected because he will bear the brunt of the taxpayers’ ire once this shit opens up in the next few months. it’s a band-aid relief.

reyna elena’s last blog post..Bailout: Kaya kong maging Presidentress nang Amerika!

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reyna elena October 4, 2008 at 9:48 pm

maxi, you’re right. as in, my sister’s tuition at Holy Family Univ here is already $5,000 per semester excluding books! these are what they call shit sweeteners! lelang nilang panut! nakakairita!!!

reyna elena’s last blog post..Bailout: Kaya kong maging Presidentress nang Amerika!

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reyna elena October 4, 2008 at 9:58 pm

hay naku Cat, the more i read about this bailout, the more na napapraning ako! but i can draw a conlusion here.

i think, it’s fair to say that this bailout was not really intended to bailout the homeowners. that we know. because they bought the bad debts of the bank, but they were silent about the mortgage that could no longer be paid by the homeowners, other than telling the bank “encourage to modify”. ENCOURAGE TO MODIFY? Susunod ba ang mga bangko sa kanila??? Haller!!! So i guess, the homeowners will stay pay for those. that’s a fair conclusion.

next, we all know that the bailout is full of tax breaks. TAX BREAKS?! these has got nothing to do with subprime! LECHE! what in the world are they doing?! and as you have found out, even the tax breaks are minimal.

even the education deduction pointed out by maxi below is ridiculously funny. it’s like nothing.

but the press release is that this is for all of us, american citizens. people of the united states. well… really?!

so i began to ask myself. what could it be then?

1st – everybody is afraid to go back to a very regulated industry. wall street does not like that and they cannot afford a credit crunch although this is already what’s happening. it’s like passing a NASA rocket science test to be able to get a loan.

2nd – everyone understands that this is a US problem that started here and had a worldwide fallout. stock exchanges all over the world were rattled. France, Germany and London got hit by subprimes. Japan’s economy is contracting again. US cannot afford that these economies goes on a meltdown especially Russia.

I seem to believe that Uncle Sam must be under intense pressure from all these governments to do “something” not of their own doing. It’s my own personal analysis of these events. That’s why the bailout doesn’t look very local to me.

reyna elena’s last blog post..Bailout: Kaya kong maging Presidentress nang Amerika!

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reyna elena October 4, 2008 at 10:16 pm

Update: Germany is having their own problems.

German bank Hypo Real Estate (HRE) said Saturday that a planned 35-billion-euro (48-billion-dollar) rescue had fallen through after the banking consortium involved pulled out of the deal.

The rescue bid was the biggest in German history and came after HRE was sucked into the global financial turmoil through its inability to refinance debt, one of many high-profile European emergency cases in the past two weeks.

http://news.yahoo.com/s/afp/20081004/ts_afp/usfinancebankinggermanyhypo

reyna elena’s last blog post..Bailout: Kaya kong maging Presidentress nang Amerika!

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Cocoy's Delight October 4, 2008 at 10:29 pm

Parang movie theater naman itong blog mo.Madilim pag bagong pasok nangangapa ako bago magliwanag.Nasaan ba ang usher dito?Hehehehehehe!

Cocoy’s Delight’s last blog post..Bailout is a Law

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reyna elena October 4, 2008 at 10:36 pm

cocoy! ayoko nang magbasa! punyeta! kung ano ano ang nadi-diskubre ko sa lecheng bail-out na to! tingnan mo ang latest update ko sa entry ko! mababaliw ka!

- tax breaks for auto racing tracks?
- tax breaks for hollywood?

LECHE! anong kinalaman nito sa punyetang subprime? taz ang mga ulol nang kongresista kung mag-speech akala mo sinalba sa Katrina ang mga tao! grrrr!!!!

reyna elena’s last blog post..Bailout: Kaya kong maging Presidentress nang Amerika!

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The Ca t October 4, 2008 at 10:40 pm

German bank Hypo Real Estate (HRE) said Saturday that a planned 35-billion-euro (48-billion-dollar) rescue had fallen through after the banking consortium involved pulled out of the deal.
==================

kasi mostly itong mga worthless securities from subprime mortgage were sold to European banks and investors.

Kaya kasama ang mga bangko nila sa mga tinamaan.

The Ca t’s last blog post..Smoking Kills and Reading the Provisions of the H.R. 1424 is hazardous to health

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reyna elena October 4, 2008 at 11:01 pm

Update: Belgium, Luxembourg, Italy and Ireland; Manila to Paris

Belgium and Luxembourg were racing to find a buyer for the rump of Fortis. Luxembourg economy minister Jeannot Krecke said French bank BNP Paribas was one possible bidder and a solution had to be found by the end of the weekend.

n Italy, UniCredit, the second-biggest bank by market value, called an extraordinary board meeting for Sunday, according to a source close to the bank, who said it was weighing up ways of boosting its capital.

Ireland annoyed some this week by promising to guarantee all bank deposits, a move that prompted some depositors in Britain to move savings to branches of Irish banks. In other countries, the protection level can be as low as 20,000 euros.

http://news.yahoo.com/s/nm/20081004/bs_nm/us_financial1

From Manila to Paris

Jobs, too, are falling prey to the U.S. financial crisis, as far away as the central Philippine city of Cebu. Michael Basubas’s furniture export company in Cebu, which depends mainly on U.S. customers, has slashed his 200-strong work force to 80 since last year.

http://news.yahoo.com/s/ap/20081004/ap_on_bi_ge/meltdown_world_worries;_ylt=AgFaSm7VtCKVDi_FVvVuIu2yBhIF

reyna elena’s last blog post..Bailout: Kaya kong maging Presidentress nang Amerika!

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maxi October 5, 2008 at 1:53 am

what?? $5,000/semester?? nagpapatawa ka ba sa tuition ko e di isa’t kalahating regular 3 credit class ko lang yan! I was about to study at holy family university but it would take me more than a year longer. the books costs roughly $2,000 per semester, kahit saang university or community college ka ganun pa rin ang prices ng books pag minalas ka pa at dun sa university bookstore lang available ang book mas mahal pa babayaran mo! grrrr kairita!

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maxi October 5, 2008 at 2:01 am

ayoko na malaman ang bail-out na yan. mag-aaral nalang ako ng aking leksyones baka sakali mabawi ko ang pinambayad ko sa tuition. pro promise talga yung educational deduction talga di ko pa rin makalimutan prang sa lahat ng sentences ng mga binabasa ko andun yung amount! waaaaaaaa!

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reynz October 5, 2008 at 2:08 am

ay naku! ateng! wa biro, andito na sya sa philly. nilayasan nya ang HFU at tumakbo sa Fatima Univ sa Manila? Bulacan ata at dun nagtapos na up to now, ayaw daw ibigay ang diploma. Anyway, alam mo ba ang natipid namen to send her to school in Manila??? Ala! Anlaki nang utang nya sa Student Loan chorva noh! Buti ka mayaman si Fafa! hahaha!

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reynz October 5, 2008 at 2:10 am

nga pala indi FT ang sisterrette ko kasi mega work sya di gaya mo na lamierda plus school ka lang. besides, haller, La Salle ang pinasukan moooo!! hahaha

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reynz October 5, 2008 at 2:11 am

ewan ko, ayoko na ring magbasa sa lecheng bail out na yan. hahaha!

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bluepanjeet October 5, 2008 at 12:02 pm

nosebleed ako sa discussion nyo mga kapatid but i did not realize that this is already a global problem. Anak ng tipaklong, kung ang G7 nangangarag dyan sa financial crisis how much more the Pinas?

bluepanjeet’s last blog post..Honeymooners

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Malditang Pinay October 5, 2008 at 2:02 pm

“Let the banks fail

Bakit hindi hayaang mag-bank run ang mga lecheng bangko na yan who really contributed to all these problems? Let them fail. Pagdusahin ang mga tikbalang na yan. Let them evaporate but in an orderly manner. Tutal safe naman ang mga deposits up to $100,000 (before the bailout) and business will go as usual and better banking will soon follow.”

Yan ang favorite line ko sa sinulat mo…. parang coming from a red congressman hihihihi Sinabi rin nya former Speaker of the house Newt Gingrich sa kanya ko unang narinig yan hehehhe galing mo tlaga if u agree with Gingrich sabi ng husband ko talino mo raw kasi Newt is the most intelligent Senator he has ever known at gaya mo pinagbagsak din sya ng skandalosong pag-ibig kaya mag-ingat ka sa pagiging pokpok mo yan ang magiging fall-down mo tignan mo ung kapitbahay namin at HS classmate ng husband ko si John Edwards he’s now gone into oblivion hehehehe

ps

my husband understand some of ur blogs kahit taglish knows nya pokpok n japayuki …oh he said he likes ur blog about the policeman being a law enforcer himself… Correction Captain po ang husband ko, sabi nya he wants to read something about a soldier naman sa blog mo (his son went to Iraq eh) heheheheh

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reyna elena October 5, 2008 at 2:29 pm

hahaha talking about John Edwards! i know! bilib na bilib ako dun ateng! in love na in love ako dun! yun pala, meron din syang Victoria’s Secret hahaha! leche! ambangu pa naman nang lalaking un! biglang nahuli! hahaha

yeah, i do sound republican sometimes hehehe and i did not know na linya yan ni Newt Gingrich hehehe but yeah, pagdusahin ang mga lecheng yan para matuto mag-pautang indi yung iiyak iyak taz ibi-bail-out naten! anu tayo hilo? linsyak naloko tayo nang bwisit na bail-out na to! tingnan mo nama, anong kinalaman nang lecheng race track racing sa subprime? hollywood? ewan ko sa mga bugok na yan sa capitol kaya puro pagdurusa inaabot naten!

talking about your husband, yeah i did noticed that my US readership went very very high and is now swamping my regular 80% pinoy readers, so i feel like obliged to start blogging in full blown english, eh pano pag nilayasan naman ako nang mga pinoy? hahaha i translate mo na lang sa husbandry mo! hehhe

reyna elena’s last blog post..What does it mean to be ?presidential? or in Manila, ?presidentiable??

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reyna elena October 5, 2008 at 2:33 pm

well, kung nasundan mo yong subprime – pikapin mo sa point na yung investment vehicle eh nasa Wall Street na. ganito.

binebenta nang Wall Street investment houses yan to the world. papasok ang mga investors na let’s say Germany and France. which is what happened. bibili sila nang stocks and mutual funds dito sa Amerika dahil with the information given them, safe at profitable. eh ikaw ba naman, bentahan ka nang stocks and mutual funds na ang pangalan eh “no transaction fee funds” or “enhanced funds” or “agressive stocks” or leche-lecheng kung ano anong paru-parung lengwaheng maganda. di buy ka naman!

alam mo naman, global investors flock to the New York stock exchange – di ba i hear na pati Pinas me mga investments dyan? kaya worldwide and epekto.

reyna elena’s last blog post..What does it mean to be ?presidential? or in Manila, ?presidentiable??

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maxi October 5, 2008 at 4:59 pm

naswertehan lang ako at si fafa eh mega-head-over heels sakin! saka i really thought of going back home for that nursing school chuva pro di pwede baka agawan ako ng fafa. siguro kung dun ako La Salle manila 1 semester lang siguro ng gastos ko dito tapos na ako saka magiging myiembro pa ako ng gucci gang dun! Uy teka baket ayaw bigay diploma aanhin naman ng school yun?

[Reply]

roy October 9, 2008 at 5:27 pm

that i agree with you. we don’t have $250,000 savings in our household. we don’t have that much money and most of what in the bailout is not for us. i did not like the contents of the bailout. that was not for us the homeowners.

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