Six months from now, we will rue this day...

[kentuck]

We will be looking for money to help average American citizens because of the terrible decline in the economy, but there will be none. Why? Because we gave everything to the rich bankers and Wall Street 6 months earlier.

This $700 billion bailout will help the rich on Wall Street. It will do little for the average person on Main Street. They will be left out in the cold.

Our Congress, overtaken by the panic from Wall Street, will submit to the demands of this extortion and we will all suffer the consequences. In six months, we will need this money. Unfortunately, we are giving it to the wrong people. We will rue this day that we give this money to the rich. It will not trickle down.

[Benhurst]

1. Surely Speaker Pelosi won't let that happen.

:sarcasm:

[SammyWinstonJack]

2. HA!

:evilgrin:

[JohnnyBoots]

3. The reasoning of the is bailout is to pretty much make Obama a lame duck when he is elected.

If he starts 2 trillion in the hole what can he really get done or do besides damage control? The nation's capital will all be in the hands of Wall Street to with as the please. At least that is what it seems like to me. Disaster Capitalism is the root case, but disaster damage control is a nice side tangent. Rob the bank and leave the mess for the police to clean up and the citizenry to pay for. The last 8 years have been public money into private hands and now private debt into public coffers.

[lifesbeautifulmagic]

4. and none of the root causes will have been addressed.

not one, not declining wages, not the health care crises, not outsourcing, not mortgage regulation, not one.

[kentuck]

6. And we have a White House that cannot be trusted..

George W Bush is like the little boy that cried "Wolf!"...when there really was a wolf, no one believed him...

[earth mom]

5. What bugs me is that they keep talking about credit.

It's obvious to me that there will be no credit for the little guy or anyone who doesn't have perfect credit.

I doubt there are many people out there with perfect credit anymore, which means most people are screwed.

So what's the reason for the bailout? Oh yeah, to keep credit liquid. Yeah right. :eyes:

[kentuck]

7. Bingo!

This will not help the people that will need the help. Somebody will have to pay for this mistake.

[Neshanic]

8. Example of a good post, pointing out that this will change nothing.

[Tierra_y_Libertad]

9. It's a bailout for the rich and the politicians who are showing they are "doing something".

No matter that, at best, it's a futile and expensive gesture designed to cover their sorry asses.

[OneGrassRoot]

10. Help me understand why the dems are caving?

If the repugs aren't for it, why are we pushing it, especially without all the elements they've been talking about to "protect" the taxpayer?

I've suddenly lost all perspective and have no idea what the heck is going on. What is up is suddenly down.

[kentuck]

13. They seem to have switched roles??

Dems are for Wall Street and Repubs are for Main Street. That is the perception and perception is reality. The Dems seem to be saying that we are not going alone on this venture - the Repubs will have to help us. Why not put the ball in the Repubs court on this issue? Lack of leadership!

[arcadian]

11. Day rueing is not my bag.

[DemoTex]

12. Is ANYONE talking about a tax levy to pay for this crap?

Any bailout bill should INCLUDE provisions for killing all Bu$h tax cuts for the wealthy and for corporations. It should include provisions for windfall profit taxes. The revenue aspects of a bailout MUST NOT be passed on to the next Congress and the next President.