ck4829
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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 |
lostnotforgotten
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Sun Sep-21-08 05:47 AM
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1. Debt - 596 Trillion Derivatives - 58 Trillion Credit Default Swaps - 2.5 Trillion Credit Card |
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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
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Sun Sep-21-08 06:27 AM
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Hubert Flottz
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Sun Sep-21-08 06:35 AM
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3. It should include EVERYTHING FOR THE PEOPLE |
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Because it's the PEOPLE who will pay for it!
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El Pinko
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Sun Sep-21-08 08:01 AM
Response to Reply #3 |
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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
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Sun Sep-21-08 07:55 AM
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4. The people who should be bailed out are those losing their homes |
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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
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Sun Sep-21-08 08:01 AM
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Wed Apr 24th 2024, 08:54 AM
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