General Category > General Discussion

$700 billion bailout

(1/7) > >>

George:
Bush the bloodsucker will make this effective despite the fact that 94% of the American people oppose this.

George:
Who said yes? I want to know how you think you have the right to steal my money to supposedly save the economy. The government is lying when it says taxpayers will save money by bailing out the dead bodies of these corporations. It will cost the tax payer less in the long run if the government doesn't bail these bastards out, allow them to fail, and let the economy fail than to bail them out so that they can feel secure and make these bad decisions again just to make the economy slightly better. This proves the republicans and Bush are leftists and the Iraq war was in fact for oil.

jaime:
i was listening to some East Coast radio station today and a senator (he had a NY accent and i didn't get his name,) said he was at the meeting today with Paulsen and the others,) and he said to the listening audience:

"$300 billion is put aside for bonuses," and all the rest of this horse$hit and either the host of the show, I think Bob Grant???? or the senator, said "for 20 year olds," meaning some of those young 20 year olds that work on Wall Street, just out of college, whatever...it's a disgrace.  go impound their cars, get the Marshall to lock them out of their mansions, indict them, investigate them, confiscate the yachts.  i refuse to pay for this.

ETA:  the senator further stated that they hire only yes men...yes to the bonuses that are bankrupting these companies

RanterMaximus:
If this bailout becomes reality, then Obama will be our next president.  As for George Bush, this is a fitting epitaph to the worst President not named Carter.

Dr. Dan:
i'm not completely sure...however....let me konw if i'm wrong.

By bailing out a failing company, the Govt is purchasing it at a low price.  If the govt owns these companies and they improve, the profits go to the US govt. If the profits are high then it will pay off any govt dept instead of raising taxes.

If these companies improve a lot and the govt sells it back to the private sector at the right time, then money will be instilled in the govt and all will be well...


On the down side, these bailed out companies go belly up, our taxes increase..

The irony of all this is that Bush is supposed to be a republican, but he spends money like he's a democrat...I wonder what Obama will be like if Gd forbid he bcoems president, fiscally responsible ?!

Navigation

[0] Message Index

[#] Next page