America's bail out

[B00Mer]

America's bail out..

How many agree with the bail out here... or disagree?

What's your reason for either or..??

 

[Just the Facts]

I say let the economy crash. Sometimes a forest fire is a good thing. Leaves room for the fresh young healthy plants to take over and create a stronger more vibrant forest in the long run.

 

[Kreskin]

I say let the economy crash. Sometimes a forest fire is a good thing. Leaves room for the fresh young healthy plants to take over and create a stronger more vibrant forest in the long run.

In a sense that is what already happened. Many companies have been weeded out by it. The debt isn't going away no matter what happens.

 

[thomaska]

Your poll doesn't make much sense saying they are George W Bush's buddies on wall st...

Can you guess which democratic presidential candidate received the most political contributions from the housing/mortgage entities?

Ooops..

Any ideas which political party blocked attempts to reign in some of the shenannigans these huge investment firms and banks were doing?

Now calm down and think realistically about this, especially with the current Presidential elections going on...

If the Democrats (who hold the majority in the House and the Senate) could pin this mess solely on the Republicans, don't you think the Congressional hearings would have started weeks ago, as to exploit it to its full Electioneering potential?

Of Course it would have.

The same can be said in reverse...I imagine everyone who touched this mess came away smelling like they were sprayed by a skunk.

 

[Lester]

They (the bankers) are the architecs of this mess- the deal should be renegotiated to include prison terms, massive fines and heavy regulation. If they don't get that then I would say let them fail. Funny how Americans are so antisocialist but they will give welfare to corporations without batting an eye.

 

[thomaska]

They (the bankers) are the architecs of this mess- the deal should be renegotiated to include prison terms, massive fines and heavy regulation. If they don't get that then I would say let them fail. Funny how Americans are so antisocialist but they will give welfare to corporations without batting an eye.

Not everyone agrees with this bailout garbage.

This whole deal has been like me asking you to buy me $2000 of lottery tickets, if I win nothing you are out $2000...

...but if I win the big one I'm still keeping all the money and you can kindly go "f" yourself...

makes lots of sense doesn't it?:roll:

 

[Socrates the Greek]

Not everyone agrees with this bailout garbage.

This whole deal has been like me asking you to buy me $2000 of lottery tickets, if I win nothing you are out $2000...

...but if I win the big one I'm still keeping all the money and you can kindly go "f" yourself...

makes lots of sense doesn't it?:roll:

\
Verry well put..........

 

[Lester]

Thomaska: What a mess this is, I feel for the average American who has bee brainwashed and deceived by these snake oil salesmen how long will it be before Americans tire of being bent over the garden fence? They should be rioting in the streets and lynching wall street bankers.

 

[Outta here]

Let the ones who made obscene profits from this absorb the loss - every single entity and individual that profited from this short sighted, glutenous behaviour.

Take their personal savings and investments. Liquidate everything possible and apply it to the debt. Then do whatever it takes to send the bass turds straight to jail. Every stinkin' single one of 'em.

I heard a comment in a news clip last night - I was half asleep so I can't remember who said it. The gist of it was:

"The American public is being asked to assume the cost of this party, and they never even had a place at the table."

that about sums it up imo .

 

[karrie]

Oh, if only it was just the American public. We're paying for this too though. We're dumping money into these bailouts too.

 

[Kreskin]

Let the ones who made obscene profits from this absorb the loss - every single entity and individual that profited from this short sighted, glutenous behaviour.

Take their personal savings and investments. Liquidate everything possible and apply it to the debt. Then do whatever it takes to send the bass turds straight to jail. Every stinkin' single one of 'em.

I heard a comment in a news clip last night - I was half asleep so I can't remember who said it. The gist of it was:

"The American public is being asked to assume the cost of this party, and they never even had a place at the table."

that about sums it up imo .

They could start a support group with Bush at San Quentin.

 

[Albertabound]

Just another example of the government running the people ...not the people running the government.....and don't kid yourself.....the same is happening here.

 

[Kreskin]

This could be the mother of all future conspiracy theories - Bush's last hurrah is the biggest wealth transfer to the elite in history. I can't wait to see his pardon list in the coming months.

 

[Kreskin]

Bush, McCain and Obama meeting at the Whitehouse in the next hour. I hope Barack gives Bush a knuckle sandwich followed by a front kick to the groin then a spinning back kick to the ...

 

[Lester]

Wanna bet they ask for another trillion for credit cards, car loans and the rest of the frivilous consumer debt out there.

 

[talloola]

The white house deputy spokesman was on tv yesterdeay, commenting on bail out, and said that
it is a good thing for the american people, because as time goes by, they will make money
as the mortgage values increase on their homes. Of course he didn't mention that there
is no guarantee of that happening, and didn't mention all of the people who 'no longer'
have a house.
If this move was made by a democratic government, the republicans would never support them, as they would stand by their 'nattering' about too much interference by government.
And it will be interesting to see, how big the cheques are for the CEOs etc. when that
money comes in, they will nicely skim what they want right off the top, and of course
it will be called something else, and we will never know.
I know this off topic, but in answer to whoever it was who was talking about Obama
being 'present' at votes.
McCain has the highest number of absences at votes, it was announced yesterday.

 

[Kreskin]

Can't Bush deal with anything without putting mushroom-cloud fear tactics into it.

 

[talloola]

Can't Bush deal with anything without putting mushroom-cloud fear tactics into it.

I don't think he has ever 'dealt' directly with much of anything, and while his 'henchmen'
are making his decisions for him, he tries to keep up but can't, and all you hear from
him is "what", "huh", "I don't get it", "howdy", "fart".

 

[Ron in Regina]

This "Bail-Out" can't happen without collateral. The bank wouldn't (OK, shouldn't) hand out
its $$$ without some kind of securities. If the taxpayers have to pony up the cash, then the
taxpayers should ALL become shareholders in all of these banks and companies being
bailed out. The banks and other companies can buy back shares at fair market value IF the
American taxpayers are willing to sell them at a future and more stable time. I'm not talking
about the Government becoming a big shareholder in these many companies, but the actual
taxpayers...with papered (tradable) stocks. It's the taxpayers money, not the Governments.

What is currently being proposed is pure insanity. Zero collateral = Zero deal.

 

[Lester]

That's a good idea- Although the banks would whine because they would have to be accountable to the average joe/jane