# Financial armageddon vs. election: priorities and confidence

**URL:** <https://boards.straightdope.com/t/financial-armageddon-vs-election-priorities-and-confidence/465828>\
**Category:** Great Debates\
**Created:** [September 30, 2008, 10:25am UTC](https://boards.straightdope.com/t/financial-armageddon-vs-election-priorities-and-confidence/465828 "2008-09-30T10:25:08Z")\
**Posts on this page:** 5\
**Page:** 2

<div class="post-metadata">

**Author:** ![Voyager](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/voyager/32/133_2.png) [@Voyager](https://boards.straightdope.com/u/Voyager)\
**Post date:** [September 30, 2008, 11:55pm UTC](https://boards.straightdope.com/t/financial-armageddon-vs-election-priorities-and-confidence/465828/21 "2008-09-30T23:55:37Z")

</div>

> [@pohjonen](#):
>
> By the way, I’m pretty sure the financial industry knows this bailout is in the bag, even with the pretense of voting the it down once for show. They are ordering printing to beat the band… half again more than usual. At least I know my job is secure. Pardon the hijack - carry on.

Wouldn’t a bunch of “we’re not dead yet” mailings and “meet your new bank, the same as the old bank” mailings account for that? I’m expecting a big hunking mailing from Merrill Lynch any moment now.

---

<div class="post-metadata">

**Author:** ![Spoke](https://avatars.discourse-cdn.com/v4/letter/s/a88e57/32.png) [@Spoke](https://boards.straightdope.com/u/Spoke)\
**Post date:** [October 1, 2008, 12:01am UTC](https://boards.straightdope.com/t/financial-armageddon-vs-election-priorities-and-confidence/465828/22 "2008-10-01T00:01:30Z")

</div>

> [@gonzomax](#):
>
> Dows closing in on 300 up. Not so panicky after all.

[But the credit market is seizing up.](http://abcnews.go.com/Business/Story?id=5920507&page=1)

---

<div class="post-metadata">

**Author:** ![pohjonen](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pohjonen/32/423_2.png) [@pohjonen](https://boards.straightdope.com/u/pohjonen)\
**Post date:** [October 1, 2008, 12:04am UTC](https://boards.straightdope.com/t/financial-armageddon-vs-election-priorities-and-confidence/465828/23 "2008-10-01T00:04:03Z")

</div>

> [@Voyager](#):
>
> Wouldn’t a bunch of “we’re not dead yet” mailings and “meet your new bank, the same as the old bank” mailings account for that? I’m expecting a big hunking mailing from Merrill Lynch any moment now.

Not that kind - we’re talking business cards and stationery. A plethora of them.

---

<div class="post-metadata">

**Author:** ![Voyager](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/voyager/32/133_2.png) [@Voyager](https://boards.straightdope.com/u/Voyager)\
**Post date:** [October 1, 2008, 12:07am UTC](https://boards.straightdope.com/t/financial-armageddon-vs-election-priorities-and-confidence/465828/24 "2008-10-01T00:07:42Z")

</div>

> [@pohjonen](#):
>
> Not that kind - we’re talking business cards and stationery. A plethora of them.

I used to work for AT&T, and every time my center changed names and logos, I needed new cards. I’m glad your profiting from this, at least.

---

<div class="post-metadata">

**Author:** ![Leaper](https://avatars.discourse-cdn.com/v4/letter/l/4bbf92/32.png) [@Leaper](https://boards.straightdope.com/u/Leaper)\
**Post date:** [October 2, 2008, 12:49am UTC](https://boards.straightdope.com/t/financial-armageddon-vs-election-priorities-and-confidence/465828/25 "2008-10-02T00:49:55Z")

</div>

> [@pohjonen](#):
>
> By the way, I’m pretty sure the financial industry knows this bailout is in the bag

Is it? Given all the problems the House is STILL giving the plan, isn’t it possible that gridlock from both Democrats and Republicans (not to mention the election year maneuvering) will keep the government from doing ANYTHING about this, and that they could just yell and scream while everything collapses around them? I have my doubts, but I wouldn’t put it past them. (Thus my OP question about how seriously they’re taking this.)

[Previous page](https://boards.straightdope.com/t/financial-armageddon-vs-election-priorities-and-confidence/465828.md?page=1)
