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Archive for November, 2008

Are you mad about the 1 trillion dollar bailout of Wall Street? If you are, then…?

Icon Written by admin on November 30, 2008 – 8:42 am

…are you equally mad that the democrats want to add another 1 trillion dollars of new taxes over the next two years if Obama is elected?
You should be, because that is as big of a hit to our economy as the Wall Street bailout.
Very mad!!!

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How does the AIG bailout help us?

Icon Written by admin on November 30, 2008 – 8:42 am

I know it was necessary, but I dont like the whole situation. We are gonna keep giving money to the rich and risky investors until there is nothing left. In your opinion is the bailout plan good or bad. And why do you think this? What would have happened if the feds didn’t do it??
I [...]



US blacks see 'financial apartheid' in subprime crisis – do you see their reasoning on this?

Icon Written by admin on November 30, 2008 – 8:42 am

SO…you are crying RACISM for being given a chance to own a home and FAILING because you did not pay your bills? How is this apartheid?
This all goes back to being treated EQUALLY. It is not MY fault that you chose to buy something you could not afford. Whites do it too. [...]



Is the credit crisis breeding fascism for the “good of the public?”?

Icon Written by admin on November 30, 2008 – 8:42 am

The Wall Street Journal had one fact correct regarding Wall Street’s accelerating collapse when on September 20th they wrote: When government officials surveyed the failing American financial system this week, they didn’t see only a collapsed investment bank or the surrender of a giant insurance firm. They saw the circulatory system of the U.S. economy—credit [...]



Does the bailout being voted down prove the old saying, with regards to Iraq, …?

Icon Written by admin on November 30, 2008 – 8:42 am

fool me once; FOOL WON’T GET FOOLED AGAIN!
Seriously congratualtions to all of us in the middle class that at least stopped the gov’t from handing $700B to Hank Paulson to do with as he sees fit, without reveiw from and politician or court. Bush tried his fear mongering again to ram this down our [...]



Why does president bush consider his bailout of his wallstreet buddies a home rescue plan?

Icon Written by admin on November 30, 2008 – 8:42 am

I heard that ” home rescue plan” is the new terminology to bail out banks and execs who made bad loans. From what I understand people still make payments so how is it a benefit to the homeowner besides being trapped in a mortgage for an overvalued piece of property.
If we had a depression maybe [...]



Do you actually understand all this Wall Street bailout stuff?

Icon Written by admin on November 27, 2008 – 5:42 am

Be honest!
I am a 26 year old mother of two. I have a college degree and feel that I am up to date with politics and things that go on in the world..but I can honestly say I don’t get this bail out! What is it all about?

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Can’t the US Government bailout the big 3 on the condition that the entire boardmembers and CEOs are replaced?

Icon Written by admin on November 27, 2008 – 5:42 am

After all, it’s there mismanagement that has got them in this much trouble. If they’re going to bailed out, then we get just throw money at the same idiots who got them here.
Personally, I rather see them all fail and be bought up by other companies. I would feel bad about the people who work [...]



Subprime crisis: did the banks screw their customers, or were the customers just being greedy?

Icon Written by admin on November 27, 2008 – 5:42 am

In other words; is it the fault of the banks selling people unsuitable mortgages and loans that they could not afford, or is it the fault of lower income / unemployed people grabbing what they could at the given opportunity and then telling the banks that they could not repay?
5% of the blame goes to [...]



HEADLINE: “Paulson, Bernanke defend $700 billion bailout”. Why is all the pork that was added not in the total?

Icon Written by admin on November 27, 2008 – 5:42 am

And what about the $2 trillion in credit injections that water down the vaule of all outstanding dollars?

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