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Do you support some kind of publicly funded bail-out?

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BuyingThyme Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 10:01 AM
Original message
Poll question: Do you support some kind of publicly funded bail-out?
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mdmc Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 10:05 AM
Response to Original message
1. If Bernie Saunders and Dennis Kucinich are on board - count me in
I like Ron Paul, but I am actually a liberal. So I don't mind big gov. doing its thing.

The most important thing to remember is that our economy is based on trust. We need to restore trust to our economic system. If the bailout will do this, then I am down.

Otherwise, let them eat cake.
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BuyingThyme Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 10:07 AM
Response to Reply #1
2. I'm a liberal, but I neither accept your big gov. label
Edited on Wed Sep-24-08 10:08 AM by BuyingThyme
nor this bail-out.
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mdmc Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 07:24 PM
Response to Reply #2
19. I'm a big government liberal
I think that the government can be a source of support and comfort to the people. I don't think that it is evil or that smaller government is better.
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The Gunslinger Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 09:45 PM
Response to Reply #1
22. But George Bush is asking you to trust him.
That is a big warning sign to me.
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mdmc Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 02:09 PM
Response to Reply #22
28. me too
but I don't have power. If Bernie is on board, I am more or less comfortable.
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NoUsername Donating Member (265 posts) Send PM | Profile | Ignore Wed Sep-24-08 10:11 AM
Response to Original message
3. Only if every dime of the bailout money comes from the top 1%.
Let the rich bail out the rich. Or let them eat their own, however it plays out. Leave the poor and working class out of it.
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BuyingThyme Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 10:12 AM
Response to Reply #3
4. Welcome to DU, NoUsername!
:hi:
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closeupready Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 10:07 PM
Response to Reply #3
26. Exactly. I would be totally fine with that plan. As it is, they are going to
be taxing that money from all of us by making our existing cash less valuable. Completely not fair, and I can't afford it.
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DCKit Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 10:43 AM
Response to Original message
5. Yes, but only to refinance sub-prime mortgages...
at market value - far less than the current mortgage owners want or would get with the Paulson/Bernanke proposal.

Didn't vote to prevent skewing your poll.
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BuyingThyme Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 11:02 AM
Response to Reply #5
8. I don't think your one vote will skew it all up.
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Jeff In Milwaukee Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 10:45 AM
Response to Original message
6. I think you should include "Yes*" as an option
I would approve, but only with several strict conditions.
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BuyingThyme Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 10:59 AM
Response to Reply #6
7. I think you're a YES.
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BuyingThyme Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 12:15 PM
Response to Original message
9. ..
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 12:42 PM
Response to Original message
10. No, investors, lenders, and borrowers all have to own their failures
Edited on Wed Sep-24-08 12:42 PM by RGBolen
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sniffa Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 05:29 PM
Response to Reply #10
16. But we will own them all even more so
Seriously. This is jaw dropping - the actual danger not only we face, but the world markets as well.
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Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 12:50 PM
Response to Original message
11. No. The bankers can't complain that they didn't read the fine print they wrote themselves.
I've made some lousy investments and had to write them off as lousy investments. I didn't have any bankers knocking on my door offering to buy them so I wouldn't suffer.

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BuyingThyme Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 02:00 PM
Response to Original message
12. You know, I wonder how the Puke'n Repukelick site would vote on this same poll.
Have we found common ground with the evil ones?

:hide:

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cloudythescribbler Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 02:02 PM
Response to Original message
13. These skewed %s against ANY bailout reflect how DUers diverge from cross-section of Democrats nt
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BuyingThyme Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 05:12 PM
Response to Reply #13
14. I'm not so sure about that.
I think most Democrats, with a similar base of information, would feel the same.
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cloudythescribbler Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 09:41 PM
Response to Reply #14
20. projecting what people WOULD feel, if only they knew ... CAN be VERY SLIPPERY
but the fact that the vast majority in that poll favored NO BAILOUT AT ALL, while most Democrats, including informed ones, including Obama (and myself -- not so informed, but not less so than most DUers) favor a progressive politically oriented bailout (my own vision no doubt far different from Obama's), says A LOT
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sniffa Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 05:21 PM
Response to Original message
15. Yes. There needs to be something done.
This isn't about "bailing them out" - it's about hopefully staving off the Great Depression II. Yes, it's coming - This isn't chicken little. Even with the bailout (if it happens) we're still going to go through the last pangs of the recession but we'll hopefully survive. Doing nothing will put most of us in shambles and will take much longer to recover from.

However, we can't allow biz as usual to continue. Transparency and regulation must be the trade off. The government must nationalize the entities it rescues (to what extent, I'm not knowledgeable enough to say) because private entities will not be able to survive the possible long term required to recover.
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Chisox08 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 05:48 PM
Response to Original message
17. This bail out will only
Push the upcoming collapse back a few months. The only difference would be is that we will be $700 billion deeper in debt. They only way to fix things is to put people to work and allow them to renegotiate their mortgages and their credit card debt. The banks might on ge $.70 on the dollar but at least people will still be in their homes and the banks will still be getting paid.
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The Gunslinger Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 09:46 PM
Response to Reply #17
23. How come no one in Washington can figue that out?
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slackmaster Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 05:50 PM
Response to Original message
18. Bailout of who and what and how much, as determined how and by whom?
:shrug:
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The Gunslinger Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 09:44 PM
Response to Original message
21. Not for the corporate banks.
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 09:47 PM
Response to Original message
24. I support using some of the money to rebuild our levees.


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lifesbeautifulmagic Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 10:04 PM
Response to Original message
25. NO hell no
underlying issues must be addressed, from predatory lending, to stagnant wages, to the declining middle class, to the outrageous health insurance costs, to the ridiculous housing prices, to the lack of mortgage regulation, and the completely evil evil executive compensation/bonuses. And while i am shooting for the moon, lets throw public financing of elections in there too.

NO BAILOUT
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TBF Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 10:08 PM
Response to Original message
27. I've got a better idea - next year instead of collecting $2 Trillion in
taxes let's allow everyone earning under $70K to have a tax-free year. No withholding, no paying back for previous years, no taxes period. I have a feeling many more people would have a prosperous year and stay in their homes. ABSOLUTELY NOT to this ridiculous corporate welfare.
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