bail out.. Amen, sam. Disgusted with
Posted By: linda on 2008-09-27
In Reply to: What I find so dang ironic about this bailout... - sam
the whole dang bunch of them, for sure. As far as this bail out goes, I think those at the top who made so many millions and apparently will just go on, should be treated the same way as Ken Lay and others of Enron fame. They should pay it back, confiscate their new homes and boats or whatever they have bought, do jail time and be forced out of their elite positions. Of course, by the time congress does an investigation they will no longer be around anyway. But I do not think they should continue to give away our jobs to nontax paying people and still fall back on the age old answer of taxing us. Even my math is better than that!
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Disgusted...
This last dust up with Senator Craig from Idaho has just about turned me completely against anything to do with government. How many people actually are representing us up there on Capitol Hill? 600?? and those are the cream of the crop, the best we have, who we want to represent us???? I don't think so. That very very very small percentage of Americans we have chosen to speak for us and act for us cannot avoid scandal for more than a few weeks...we have prostitutes, money in freezers, homosexual senators preying on young men and heterosexual men preying on young women, bribes, money laundering, rehab for everyone who gets caught because whatever it is, it is not his/her fault, perjurers, liars ...some in jail, some not, incompetence...and this is the United States of America. Whoever it is who picks up the torch this next 8 years has got so heavy a burden that it will only be carried with the help and direction of Creator. I sincerely hope s/he prays for Creator's wisdom every day of his/her term. I believe we are at a turning point here and I believe the eyes of the leaders of our country need to be constantly turned upward. Aho. (thank you for tolerating my rant).
Disgusted too....
You are exactly right. And it has permeated both sides of the aisle. There are a but a handful who are really there to represent their constituents, and that IS disgusting. I truly believe we need to look into the recall procedure and start USING it. However...I think the deeper issue here is the moral decline in this country, from the top to the bottom. The moral compass has gone completely wonky. And as you know, I believe that is the direct result of some people making it their life's work to take God (or whatever name you wish to call Him by) out of the everyday fabric of life which led to moral relativism, there is no right or wrong, can't damage little psyches by telling them definitively some things are just WRONG....no if's, and's or but's. And, sadly, we are reaping what they have sown...and we share our part of the problem because we were too quiet for too long and did not exercise our power at the polls...where we can, with Congress. It is never too late...God said if they who are called by by name will turn from their sin and pray He would heal their land. So, not matter what we call Him...the Creator, God....we as well as the President and the Congress should keep their eyes UP...and we should pray steadfastedly for this country and her leaders. I believe therein lies our way out of this darkness. We need a strong, uncompromising leader who will put more control back in the states where it belongs, to not make God the enemy....I could go on and on. But there is hope...there is always hope. Be well, Ravenswing.
to disgusted..............
Experience is largely overrated, because every situation is unique and asks for a new strategy.
BTW, being old an experienced often equals being senile.
I am so truly disgusted with the whole thing.
This has got to stop!!! When are the true patriots going to stand up and say "we've had enough!" If the country is being dragged down it's time to fire some people and not let them continue the treasonous actions they are doing waiting for the next election.
I am with you, disgusted...yeah, maybe Paris is the one...
i mean...like...wow...after all, she's hottt (her own words..lol).
If Obama inspires this kind of behavior in his followers, yet another reason I would not want him for President.
Do you find it interesting that some Democrat in Pennsylvania has filed suit in federal election court challenging Obama's birth certificate? Yes, I know fatcheck.org says they have looked at it and examined it and say it is legitimate. But...this guy claims to have proof he was born in Kenya, not Hawaii. Oh well, it will be interesting to see how this all plays out. And yes, I know the guy is a Clinton supporter. I just find it amazing that they are going to these kinds of lengths. He filed it this week...right before the convention.
I find it this all fascinating to watch. I think Hillary is saying one thing to the public and quite another to her supporters behind the scenes. I think she is already building for Hillary 2012 and many well be instrumental in getting him beat in November. Never be able to prove anything of course...who ever can on the Clintons. That being said, I would rather have her with all her warts than Obama. at least I know what she is.
Poor Barack...he stepped on the wrong toes. The Clintons are just not willing to concede the castle yet. Politics. Gotta love it. NOT.
I wont flame. I agree... I am disgusted also. -O's
nm
AMEN!!!!! - (no message inside - just an Amen).
no message - but you looked anyway. :-) :-) ;-)
Well, it would not have been necessary to bail out...
FM/FM had the Democrats running it not stolen it blind, and the "reform" bill the Dems passed that nailed the coffin shut.
Obama dogged and hounded by the media? Are you JOKING? Any interview he did was on the softball channels where he never got a real question...were you even watching? He would not go on Fox where he knew he would have to answer the tough questions until this week. Hounded by the press my eye...only to fawn over him. Sheesh...lol
do you think they should just bail out
what kind of solution do you propose?
we bail out ceo's ......
It's okay to pump billions into the auto industry and wall street but not into our own people?
So what happens when we bail them out?
See! We bail out the big guys and the money goes straight to the CEOs that ran the company into the ground, rewarding their incompetence! Oh, lets hurry and bail out the automakers too!
WASHINGTON - American International Group is paying out millions of dollars in executive bonuses to meet a Sunday deadline. But the troubled insurance giant has agreed to administration demands to restrain future payments.
The Treasury Department determined that the government did not have the legal authority to block the current payments by the company that has already received more than $170 billion in U.S. support.
AIG declared earlier this month that it had suffered a loss of $61.7 billion for the fourth quarter of last year, the largest corporate loss in history.
Here's what happens when we bail them out: sm
AIG accepted our money after losing 60 billion, and guess what? They are paying out 167 million in bonuses. Why is this allowed to happen? How can you lose that much money, accept money in bailouts, and then have the unmitigated gall to pay yourselves bonuses? This is UNACCEPTABLE!! Out and out thievery!!
Do you think our government should bail out FM/FM
Just wondered what everyone thinks about this subject. I haven't seen it discussed yet and if it has been sorry. Do you think the government should bail out these two institutions and if so, or not so, why?
I heard someone on the TV today (didn't recognize the name but he's an idependent) he asked the question, so is it going to be the people who make $30K a year the ones who pay for this or the billionaires and trillionaires? I thought that was a good point.
Also I heard that one of the guys in charge (forget his name right now) made over $90 million and he isn't paying anything. I would think that if you make over $90M on this and you run it into the ground you should have to forfeit whatever you made and pay it back (but that's my own opinion).
the bail out really irks me
I think they should just let them fail and use the 700 billion or whatever it is to try and clean up the fallout from this mess. These greedy b@$st@rds need to deal with the consequences. I really don't get it. I thought you had to have mortgage insurance if you didn't have enough down. My sister has to pay for mortgage insurance, and it's highly unlikely that she is going to default on her mortgage (for one thing, she bought what she could afford). And as far a people losing their homes, well maybe they should move into homes they can afford anyway. There are nice 1-bedroom apartments in Harrisburg for $540, including utilities. Sounds good to me. grrrr....
The reason behind the bail out is
to put money back into the market. If we do nothing at all, the result is likely to be horrific. We have to do something to get money back into the market. However, bailing out these big banks and making us foot the bill is unacceptable to me. These banks and their big wigs should learn the consequences of their actions and not just walk away with a heck of a lot more money than I will ever see in my lifetime. This initial bail out is just a band-aid really. Our economy is collapsing and this bail out will slow down the collapse but there is no guarantee that it will stop it.
Right now they are debating about how to go about this bail out. Some want the bail out left like it is with us taxpayers footing the bill. Others are trying to come up with a plan to not make the burden on us and yet still get money into the market. That is why no agreement has been made.
My fear is that if we bail them out
what have they learned. They obviously won't have any consequences to their actions. We will be the ones to suffer for their greed and crimes. However, what is to become of us if we don't bail them out? I really don't know the answer to this. I am just thoroughly ticked off that our government has allowed things to get like this. Now they are sitting around crying and whining, pointing fingers, wanting special interests included in the bill, etc. I'm just so disgusted.
Is anyone actually in favor of the bail out?
I personally think that we should just let the banks fail and not save their greedy banker butts. It seems like that's the way a lot of other people feel too. I haven't heard one person say let's save their greedy banker butts. However, I'm pretty sure that congress will bail them out. If I could vote on this, I would definitely say no, no matter what consequence to myself (drop in stock, retirement and possibly the value of my home, no loan for college next semester).
Are there any average Americans out there that are for this?
bail out the world?
So we have to borrow our own money so we can bail out the world? Call your Senator.
Auto bail out s/m
Read the following report. 8-10% of total cost doesn't seem like a huge percentage for labor costs. Maybe they can't afford the big salaries and bonuses for the top dogs? About time the wealth started being redistributed. Funny I haven't heard any outrage over the outrageous salaries the top dogs in these automobile business are paid. Just whining about how much the UAW workers are paid. It's about time the working class started standing up for the working class!!!!!
Let 'em all go bankrupt. I have no doubt the idjits in Washington are way more concerned about job losses in "developing countries" than those of American citizens.
http://news.yahoo.com/s/ap/20081115/ap_on_bi_ge/auto_bailout_gettelfinger
Did you see where if we bail out the automakers - see msg
There are people that are laid off and have been laid off for years that are drawing $31 an hour to just sit in a room - they play checkers, they read, they watch TV, or they sleep and stare at the walls. It is a guaranteed thing that cannot be stopped except through bankruptcy (and they may have to pay them off even then). So in effect, if we bail out the automakers, we who are struggling to make our money in this world will be paying those people to keep sitting there!!! 
How many think you should bail out illegal
what would that matter? you want to bail them out?
nm
I don't think we should bail out anyone's mortgage.
Anyone who took out a mortgage and signed a contract to repay the loan and needs to do so. I don't care if they are illegal aliens, legal aliens, space aliens, or United States citizens.
Amen, JTBB, Amen!!
Just because Bush and his cronies wanted to break the law and did so, does not make it right. I don't care how much these right wing basket cases howl over this, wrong is wrong!
I was appalled during the Bush' time in office at what he and Cheney were doing, thumbing their nose at the rest of the world, meting out their own "cowboy" justice..right or wrong. THAT is why the rest of the world now hates us - no matter what lame excuses the brainwashed majority on this board want to accept.
I am glad they will not be getting away with it.
They are criminals. Period. End of story.
Amen, Zville MT, Amen
That is a great idea. They should have to live like us so they have a clue what we are going through.
Fear is that they will still collapse even after the bail out.
Hedge funds are about to fold. Derivatives which I do not understand are a whole other ballgame - They are what made the hedge fund managers millionaires - it is like betting on stocks (as one would with football) and is somehow linked to the stock market.
This site explains it well:
http://georgewashington2.blogspot.com/2008/06/derivatives-market-is-unwinding.html
What is the bank bail-out if not socialism? s/m
Maybe you'd have better luck with your employees if you gave them a raise. If you have a profit margin that allows you to give them a 25% bonus, surely a 10% raise wouldn't cause you to suffer too much.
And if we did bail out the auto industry......sm
how much is that going to cost us and where is the money going to come from?
I realize this country's economy is in the toilet at this point and people are hurting everywhere, but my question is, like I said above, where is the money going to come from (I don't believe tax increases on the wealthy are going to cover the tab) and what is going to happen when "they" call in the loans?
I think they shouldn't bail them out. They're
All those crooks in the banking, insurance/HMO industries, and most certainly Wall Street, need to be held accountable, have all of their assets seized to help pay for this, and then they should all be sent to Guantanamo Bay to rot.
445,000 per citizen is the bill for the bail outs.
And what then? The govt will own our homes and regulation will take on a whole new meaning.
This is called fascism.
Since when is a tax cut welfare? Corporate bail-outs, maybe...
corporations and plans to continue W's tax cuts for the rich in 2011. Is that welfare too? Sheesh.
And we bail out Wall St. who created this mess.....
Didja watch House of Cards? That spelled it out pretty succinctly. People were sucked into mortgages they couldn't afford, they were told they could refinance in 1-5 years and keep the mortgage payments they could afford - THEY WERE LIED TO. The bankers and Wall St. had to keep that Ponzi scheme going.......pizza delivery drivers were selling mortgages!! The more they sold, the more money they made - upwards $20,000 per month - they sucked people into refinancing to put cash in their pockets because housing values were skyrocketing.......and it all crashed down. So who did we bail out first? The banks and Wall St.............not the people who got screwed by con men. And these people were not POOR - they just got sucked into buying more house than they could afford. So, stick that in your pipe and smoke it.
While I have to admit that the Republicans started this whole bail out thing...
I really thought we were going to get change with Obama. I didn't vote for him, but this isn't just a continuation of the same old mess, this is adding on to it. You can't blame all of the dems for it, either - there are a couple of repubs signing on as well. I'm pretty sure that this isn't what those who voted for Obama signed on for.
All I can tell you is be sure to write your congressman about this - if you need email addresses or such, go to Congress.org - there's a place to put in your zip code and it gives you the names of all of the reps from your area. Doing that is a much better outlet than attacking each other on this board.
Excellent idea. I'm also charging up my cards, so I hope you bail me out! SM
But wait. If I bail you out and you bail me out and we bail out AIG and the government bails out mortgage-skippers and China bails out the US and...somebody tell me again, where does all this money come from? It's all so confusing.
Foreign investors. China and Russia insisted on Fannie Mac bail out.
dd
Amen to that!
Amen. nm
Amen to that! NM
...
Amen..Indeed
Amen to nothing, MT..Do you honestly think with your ideology that any GOD would accept you? You are a cold hearted fool with an ancient ideology which helps no one. Blah..Get back, fool.
Amen to that.nm
x
Amen to that!
/
Amen to that...nm
x
Amen.
Amen to that! nm
x
Can we say..amen
Amen indeed!!
A picture IS worth a thousand words, isn't it???? This is great! Thanks for posting this, GT.
Amen...
 With exception of rape of course people can also choose to keep their pants on and/or use birth control. Abstinence is the best contraception....
Amen. nm
nm.
Amen.
,,
Amen to that.
I am right there beside you.
Amen. nm
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