fishhook
Registered
This is more like it! If they want to help the economy, the working men and women would help stimulate it alot with this kind of help themselves!
The $700,000,000,000 bailout is going to happen
- Thread starter Charlesbusa
- Start date
That is a different subject entirely.
The $700 billion bailout WILL NOT help homeowners in trouble. Trust me it WON'T. The money is going to go to Rich FatCats. Don't let them try to sell it any other way. It is a Corporation and Wall Street bail out.
Its gonna be like the economic stimulus plan... of which I have still received nothing... not a penny....
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To it in another way, the rich get richer and you and I get poorer...
Same circus Same clowns
"The Birk Economic Recovery Plan" basically says that $85 billion given to AIG equals $425,000 for each U.S. adult (assuming 200 million adults). The email includes much discourse on what Americans could do with this cash instead of using it for corporate welfare.
Of course, the math is wrong. $85 billion divided by 200 million is $425 per person, not $425k.
But take this general idea and assume the bailouts reach $700 billion to $1 trillion. Then the per person amount is $3500 to $5000. Is it interesting at this level?
Would it be more interesting if the amount given each adult American forced you to pay off debt first prior to making other spending choices?
Of course, the math is wrong. $85 billion divided by 200 million is $425 per person, not $425k.
But take this general idea and assume the bailouts reach $700 billion to $1 trillion. Then the per person amount is $3500 to $5000. Is it interesting at this level?
Would it be more interesting if the amount given each adult American forced you to pay off debt first prior to making other spending choices?
They thinking how to make more money to themselves out of this mess.
hey that's the video clip that was circulating around the office a week or so ago explaining how our county board is running our county, that is just too funny 
...I say any one who makes less than $200,000 a year pay no taxes for a year.
They cant arrest everyone....so they put a lien on your home......and then?
.... jail population increase 500%
Busaman350z
Registered
Obama 4 President
'nuff said
'nuff said
I just LOVE the way they are calling this a TAXPAYER Investment. Well, if so, WHAT AND WHEN DO I GET AS A RETURN. OH, I know, NOTHING but a HIGHER TAX bill at the end of the Year !!!! Sorry folks, but these companies should just be let to GO UNDER. I don't see any Government Agency looking to help me if MY COMPANY goes Belly Up. OH YEAH, that's right, I don't give BIG $$$$$$ to any Politicians :kiss: . So, I guess I'am just in the PAY UP so their BUDDIES can keep on being paid $96,000,000 every 6 years to TRASH a Company and then become a FINANCIAL ADVISOR to a Possible PRESIDENT
like he could fix it, I think this problem requires a bit more than just a vote of "present"
OH, I completely agree 100% that not a dime of that money will go to the actual people loosing their homes. But it was these people, with institutional backing and misguiding, that created a very large portion of what the bail-out will try and resolve.
That was my point, that we are now going to have to pay for mistakes that were made by other people who WERE NOT ME.
That was my point, that we are now going to have to pay for mistakes that were made by other people who WERE NOT ME.
Vstrom
Registered
I thought we lived in a capitalist nation, this bailout sounds like socialism to me.
These CEO's from the run away financial companies need to do some jail time. They betrayed their shareholders and now they stand to be rewarded by some other rich fools that run our government.
People that are dumb enough to get a 120% loan to value, do not deserve to be bailed out either. Sometimes you win, sometimes you lose. I have lost a bunch of my retirement fund thanks to this mess.
These CEO's from the run away financial companies need to do some jail time. They betrayed their shareholders and now they stand to be rewarded by some other rich fools that run our government.
People that are dumb enough to get a 120% loan to value, do not deserve to be bailed out either. Sometimes you win, sometimes you lose. I have lost a bunch of my retirement fund thanks to this mess.
Hey, that is a Bi-partisan plan.
That is basically di*k service from both sides, kinda like in an adult film, when the Pizza Guy & the Plumber (Democrats & Republicans) show up at the door, and the freaky little adult movie star (We the People) answer the door!! Well, you know the rest.
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