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Not against the bailout, but it should include something for the People as well

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ck4829 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 05:44 AM
Original message
Poll question: Not against the bailout, but it should include something for the People as well
What would you support?
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lostnotforgotten Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 05:47 AM
Response to Original message
1. Debt - 596 Trillion Derivatives - 58 Trillion Credit Default Swaps - 2.5 Trillion Credit Card
This mess is bigger than we are being lead to believe.

What is 700B gonna do but provide golden parachutes for Bush's cronies.

I say no bailout ever for these thieves!

See www.wallstreetdigest.com/hotline.php for numbers.
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lligrd Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 06:27 AM
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2. I'm With Lost
We lose either way.
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Hubert Flottz Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 06:35 AM
Response to Original message
3. It should include EVERYTHING FOR THE PEOPLE
Because it's the PEOPLE who will pay for it!
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El Pinko Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 08:01 AM
Response to Reply #3
6. Here here.
The ultimate reason for the bubble was wanton speculation on borrowed money.

The reason people speculated with borrowed money is because their incomes have been stagnant and good jobs have become too scarce.

Any effort to fix this should be focused on fixing the root cause which is income inequality, too few good paying jobs.

Trade deals that hurt US workers and domestic industries need to be scrapped now, and the government needs to create massive incentives to locate more industries here and to pay workers well.

We also realign our economy so that it's focused a bit less on consumption and encourages people to save and invest.

This "bailout" will amount to nothing more than yet another giveaway to the rich that does absolutely NOTHING to address the fundamental weakness of our economy, in addition to devaluing the currency (which makes us all effectively POORER).

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RC Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 07:55 AM
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4. The people who should be bailed out are those losing their homes
because of the shysters. Bail out those who were swindled, not the swindlers. Strip the wealth of the operators of this con job that is the sub-prime loans and use that to help their victims, thus running the money through the US economy before it ends up in the Cayman Islands.
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Blarch Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 08:01 AM
Response to Original message
5. no bailout.
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