Quote Originally Posted by rbeau30 View Post
Yeah, I can't imagine all those fracking companies that probably are in so much debt right now that thought they could ride the fracking wave, can't produce oil to cover their expenses.
That is one of their problems, they borrowed money based on $100+ a barrel oil, of course no one at the bank raised the question "Are you sure oil will remain at $100?" It is possible both parties expect FedGov (that's us) to bail each one out and why not.

Joe Citizen bailed out the fucking bankers with TARP in 2007 - should have been allowed to fail so solid banks could pick up and manage the assets properly, GMC and Chrysler - both of which should have been allowed to fail so they could re-negotiate their crappy UAW contracts (FUCK the UAW those fucking fucks), Solyndra and all those lying, goddamn, worthless, no-load, cockbreath, money-laundering for campaign contributions to the (D) "green" companies, Fannie and Freddy for loaning money at the behest of FedGov because everyone deserves a house even if you're a crack-smoking, halfwit welfare shitstain who can't even get the scratch to buy back their cubic zirconium from their pawn broker and on it goes.

Pardon my french...