Do You Agree………”BailOut”?
Concerning this "bailout" and people who so *Badly* want this to happen….
are these NOT the *Exact* same people who did *Not* want the people of America to file "Bankruptcy" so changed the law in 2005 so that *Now* us "regular" folks have to pay the bankruptcy back?
https://www.totalbankruptcy.com/bankruptcy_law_updates_year_later.htm
***Now*** they want to "Bailout" (or should I say grant a bankruptcy to) these people…
They too, should be required to take "special classes on *How* to conduct business in a proper mannerr.
They too, should be required to "Pay Back" their protion of this 700 BILLION Dollar Bankruptcy…. (clearing throat…) I mean "BailOut"
That they want us "regular" folks to pay for in OUR taxes and our Children’s taxes and our Children’s Children’s taxes and so on and so on. (When will this 700 Billion Dollars be cleared up?!?! LOL!!!
Do You Agree?
I absolutely agree and the financial institutions receiving any bail out dollars should be investigated and brought up on charges for fraudulent practices. They made mega millions of dollars at the borrowers expense and are being rewarded through the taxpayers expense.
It’s despicable.
Nope, I don’t agree… something stinks as usual and it clearly doesn’t pass the smell test. Do you trust and confide in our Government’s plan? What is their plan?
I think the Government and these banks were padding each others wallets and something went wrong. I don’t believe or trust anything they’re saying to us. They are borrowing OUR money which they expect us to pay for THEIR mistakes. How is this money ever going to get repaid correctly??? Is their interest attached to this? Who’s going to profit? Are these banks going to be punished or is it going to be business as usual? This is going to be a big cluster…. We have made history!!! OUR country will never be the same for generations and generations to come. 7 trillion dollars debt!!!!!! Are you fricken kidding me?
Why don’t we charge IRAQ their bills to rebuild their sorry a$$ go forsaken country instead of hoofing the bill? Why don’t we DRILL baby drill right there in their country and take their oil from them!!!!! They owe us bigtime. Watch and see, we will rebuild IRAQ and they will surpass us in the next decade economically while they sit and watch the USA fall apart from the inside out!!!
Somebody has definately had their hand in the cookie jar and will have their hands all over this 7 trillion as well. WE should start questioning government because all they have done over the years is lied to us, and this is no exception. This is like always with politicans another scam.
Oh I thought we were going to do the whole partisan finger-pointing today to get your boy elected. Well if you really want to make a difference you should be writing emails to your congressional representatives in the House and Senate.
I know and everyone is getting so angry when I say lets move…I don’t know what to expect for my child now.
In my opinion neither side should be bailed out. Homeowners who decided to live above their means and buy a house they could not afford, gambling that the interest rate would stay low or the idiot banks that made the very risky (doomed to fail) loan in the first place. Everybody made their bed and they should now sleep in it. Where is personal accountability?
Having said that we both know that a bailout is inevitable or our economy will tank and with it the worlds economy… Regular folks like myself who live in a reasonable home that I can afford are the victims.
By the way any fraud that happened along the way should of course be investigated.
Bankruptcies are a Credit Killer if you are consumer. Anyway, I don’t agree with you, but I do believe that there should be stricter legislation when it comes to passing the Bailout Package.
I agree we need to bail out these companies for our own sake, but I think there CEOs that make on average 300 times that of most americans should take a huge paycut. I dont think in a time like this they should be able to profit over 100,000 dollars a year. Maybe if they took the majority of their pay and put it in a special fund, we wouldnt be bailing them out.I mean seriously, why do they get to live high on the hill when their companies are going under? Isnt that their job?
I oppose the bailout. I heard today that the majority of the bad mortgages had been sold to the Chinese. I don’t know if that is true, but if it is, that means that the bailout money would go to them. Absurd!
I also feel that the heads of the various companies should be prosecuted for fraud and have monetary punishments as well as prison terms.