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@hopesprings52,
It is so funny how dumb Bush/Cheney is, but YET, the Democrats jumped right on the bandwagon and road along!
For people to talk about Bush and his Policies, the Democrats HELPED to pass them! :)
Now, who is the most stupid? The ones leading or the ones following?

Both parties are stealing money from your family to pay their corporate cronies. If your are so partisan you can’t see this, then YOU deserve to get took. Barney Frank imploded Fannie Mae and Freddie Mac, last I checked he was a Democrat! BOTH parties are ROBBING you BLIND! And yet you continue to reelect them… Frightening! Truly frightening! What the HELL do you expect when you hire a wolf to guard the henhouse? WHAT? Tell me… No wait, tell your kids who wil be paying for it after your dead!

@jhw539,
I HAVE NO problem with the TRUTH! Republicans and Democrats alike are responsible for this Crap. My comment was to the one of the finger pointing at the Republicans, when the Democrats had well enough in the last 8 years to FILIBUSTER anything the President or the Republicans tryed to pass. DID they stop them? No, they climbed on board.

@mark,
You are correct.. there were a lot of Criminal Activities, but Ultimately the “landscaper” KNEW damned well he could not afford a house like that.
There were also a lot of loans handed out to Families under the “everyone should own a home plan” that we knew damned well could not paid back.

LESS CLEVER NAMES FOR PROGRAMS! Come on, we need you guys in Washington to work on the problem and not think of silly names for the solution. GET TO WORK!

The entire system should be dismantled. The Federal Reserve has proven to have been a failure, which has added volatility to the economy rather than act as a stabilizer.

“Screwed 08″ – it did not matter.

With each passing day this is getting uglier and uglier. They don’t want us to know which banks are getting the money and the stock market isn’t fooled and keeps tumbling.
Now Pelosi & Reid want to bail out the aauto industry. Where does it end?
Can we trust any of our leaders?

How many of the clowns in Congress and Senate were RE-ELECTED last week?? Shame on all of us. We had the chance to vote out all imcumbents who are part of the Congress/Senate that has an approval rating of 11%. Not only did we reelect most of them, but we elected two of them as President and Vice-President.
Get involved. Contact your lawmakers and give them a piece of your mind. Remember…we lend them OUR power and voice. Let’s be sure to remind them.

Yes, but we have Hope and Change now, so it will all be OK.

Wow. Yeah Obama is going to save us all, right? This looks like something that would happen in a third-rate country like China, not the U.S.

Watched a segment on one of the news stations in which the Mayor of Philidelphia wants some this bailout money for his city. Because he claims if the Gov’t will bailout the insurance, financial anda uto industries that they should bail him out.
So now the mess begins everybody wants a piece of the pie (tax payers earnings), why doesn’t the media investigate the real causes of this Crisis? Oh maybe because it points back to Frank, Dodd and even Obama.

Democrats got us in to this. Now, Democrats will get us in deeper.
This country is simply crazy. Where has the press gone?

No way!!!
Why should the tax payers bailed out the weak businesses. If the Big 3 Autos fail, consumers will buy from Toyota, Honda and Nissan …. who also manufacture cars in the US with American workers (just not around labor union dominated Detroit).
Where do we stop? Do we bailed out Sharper Image? Mervin’s? Linen n’ Things? Possibly subsidize slower sales at Starbucks and Sears?
I paid 20% down for my house and secured fixed 30 year interest payments. Why should I help bailed out those who paid next to zero down, low initial interest rates with ramp ups after five year, took out and spent their second mortgages when home prices increased? Did they share their wind-fall profit with me?

We are not a serious country, and socialist to boot. Our descent has begun.

HOPESPRINGS??? Are you kidding me??? The republicans did this and THEN the dems jumped on the bandwagon???? What planet are you from? Did you not see Barney Frank and Nancy Pelosi jump on this immediately? Did you not witness ALL OF CONGRESS jump on this immediately? All of them are responsible and they never took an ounce of responsibility. IF you will look at the congressional voting history to see who voted YEA or NAY on the bailout, you will see that most of the republicans voted NAY! Are you that much of a partisan that you are blinded by the facts that are right in front of your face? All of these slugs should be voted out!

I will open an institution if they will give me $25 billion (max amount on the form allowed). Me and Wilma can take Pebbles and Dino out for a good vacation. Heck, we can have Barney, Betty and Bam-Bam come along too! Our house is in danger of being foreclosed on in Bedrock and Mr Slate is closing the rock quarry.

Credit Default Swap Scam 101.
Players: Insurance Company, Buyers of insurance, Some Event, Taxpayers
Buyers pay $10 billion and gets $100 billion from Insurance Company if Some Event Happens. Event happens. Insurance Company goes bust. Buyer of lucrative insurance contract wants to get paid. Cries to DC. DC buys these contracts. THERE IS NO ASSET. THERE IS ONLY PAYING THE INSURANCE CONTRACT. The taxpayer gets NOTHING and pays to rich Insurance holder. The original $10 billion premium already paid the insurance companies CEO salary and lavish lifestyle.
That is the SCAM.
Same as betting in Vegas. Pay $25. In case something happens you either get nothing or get say $100. This “contract” is otherwise known as a “bet.”

I hope to catch up to my friends at AIG on one of their outings.

To hell with the Big 3. They need to go belly up. I hate my government.

Hi Willie,
I agree with you. With 51% paying zero federal taxes of all kinds, they will vote and tell the other 49% what to sacrifice. This is called “representation without taxation”.

Pelosi & Reid were the ones trying to bully everyone into signing this stupid bill in the first place. Sure Bush went on TV talking crisis but he didn’t write the bill, hell all he did was do exactly what he was told to do. Just like he’s done from the first day he was elected. I’m sure everyone will want to blame this on Bush but anyone in their right mind knows this is Pelosi, Reid, and Paulson’s baby not Bush’s. I doubt Bush can write a personal check much less a complicated economic Bill. Give me a break, start placing blame where it should be not on the easiest target. Thats what got us in this mess to begin with. Blame the people who deserve it and get them out of office as quickly as possible. Bush is gone, now its Pelosi and Reid’s turn to be shown the door.

Wes, I agree with you…Look what 100 years of Ivy Leaguers have wrought.

Thank you SO much BARNEY!

It was the democrat led congress and senate that insisted this money was needed asap even though most Americans did not want it. This was planned so the dems would have control, they can breathe without control!

It now adds up to about $5 Trillion in obligations for Uncle Sam. There is going to be only one way out of this for the government. PRINT MONEY.
The government can retire or service debt in two ways. Borrow by selling bonds and notes or print money.
The downside of printing large amounts of currency is hyper-inflation. Since printing money will be the only way out of this and the additonal spending Obama and the Democratic Congress will do. We should be seeing hyper-inflation kick in in about 2 to 3 years along with interest rates going through the roof.

Remember this one thing; every Republican who voted FOR the bailout LOST his seat. Every Republican who voted AGAINST it retain their’s.
Maxine Waters was very clear that she wanted to “nationalize” the oil industry. Guess the Democrats who wrote the bail out package, just decided to take over another industry (the banking industry) first.
And for all you dimwits who want to blame Bush for the mortgage industry, here is a tip; go to your bank and have them explain Community Reinvestment Act regulations to you and when they had to start adhering to them.

They should call it Capital Recovery Assistance Program, or CRAP for short.

This country is a fraud. To think I fought for this country. I’m ashamed to be an American right now. Bush should be jailed

Barney Frank and Chuck Schumer and Alan Greenspan and Robert Rubin and Hank Paulson are criminals. Bush is a complete idiot who has given up trying to control what amounts to a financial coup detat. We’ve got to stop the theft of our money by these criminals before they wreck the country and move back to Israel.

Everyone should claim 20 on their income tax returns and get the 25 to 50k dollars they withheld back! What are they going to do, throw all Middle Class workers in Jail?
Probably, then they would confiscate our homes and make government housing out of it!
With todays Government of the Government for the Government WE THE PEOPLE exist only to pay taxes. Without our taxes the Government will listen. Escrow the taxes, do something but don’t pay them anymore!

America needs to wake up to this criminal enterprise called the govt. The party is over grey hairs. The youth are getting restless and will be coming for your mansions soon. Your golden spoon is about to be melted.

Wait, since the messiah has been elected president… shouldn’t everything be fine? Oh wait, I forgot… that was before he was elected, now that he is elected it may take a ‘lot of time’.
Speaking of blank checks, I think you liberals need one signed ‘reality’.

Don’t kid yourselves…stop playing the blame games! THEY’RE ALL STUPID!!!

hopesprings52 & ajax, suck it up! This is your administrations doing and there’s alone. The only reasons the Dems went with it, they had dubya screaming like a banshee that he needed the money NOW! Hmmm. Funny how McCain ran from his campaign, stopped off in NYC, then proceeded cause he was suppose to be the golden child to get the damn thing passed. The Dems didn’t want it without certain guarantees and if memory serves me correctly, there were Republicans who wanted it with certain stipulations also. So how in the hell can you blame it single-handed on just the Dems? Face it , we all got bamboozled on this bailout! And now we, our kids, grandkids and their kids are going to pay DEARLY for it in years to come no matter who is in office. You and your crying, name blaming game are what is sickening this country. We “ALL” Dems & Reps got SCREWED because there isn’t an honest politician in this country. They’re all crooks looking to line their pockets and their lobbyists pockets. The CEOs win again and we, the average paying taxpayer got SCREWED and we’re going to get screwed again with the auto industry bailout. But you know what? Americans don’t have the ####s to stand-up to any politician Dem or Rep and say enough is enough and we’re not paying for the CEOs to continue to have their fortunes while we pay for it. That is what makes this country SICK, TWISTED & EVIL. Stop the finger pointing and name calling and face it…we the citizens are SUCKERS.

I’m buying guns, not stock options.

Thanks for reminding me to call & thank my congressman for voting no this ripoff…
Can’t say the same for my Senators, because they’re both Dems & STUPID….

OK, I don’t need you to do any paperwork. I’ll just keep my taxes in my own pocket this year and call it even. Ever wonder what would happen if ALL the rich did that as a protest?

The Maverick should have listened to 82 percent of the American public who said they were AGAINST the bailout. Instead, he voted for it and lost the election. So much for “conservative” “free market” principles.

This started with an attempt to socialize housing. Socialism fails EVERY time it is tried and again it fell flat on it’s face. The government $crewed up and now they want to nationalize everything that is failing? Everything the government touches turns to diarrhea. They have the kiss of death!

Isn’t this the exact plan that Senator Obama voted for? (I can hear it now, I didn’t expect him to actually go to war even though I voted for it)

I was just getting ready to stake my claim. After all if they are going to hand money out to all the big corporations and their CEO’s how about us little guys. We need it more..Fuel oil it out of sight.

Pathetic!…Just wait till the “messiah” gets in office…this is just the beginning!

Keep the Change!

Do you really want to know who to blame for all this mess? Look no further than the mirror. YOU. YOU keep voting these theiving jackasses into office again and again. Then, your shocked, shocked! that they screw you again and again. WAKE UP. Thrown them all out.

Have canned goods. Have sailboat. Getting gun permit. So long…….

I like how people are blaming bush, but no one, and I mean no one is saying anything about Barney Frank, Nancy Pelosi, Harry Reid, Barak Obama, the ones that America Voted and how aweful it was when conservatives didnt want this damn bailout…Hold on to your hats…this is going to be a bumby ride

We need to have a coordinated tax revolt. Boston Tea Party, but bigger.
This is ridiculous! There is no incentive these days to succeed or be responsible. But the dimrats are loving this… more people to control.

The Democrat congress is a joke but yet the idiot Americans give them even more seats. On top of that we now have a left-wing, socialist moving into the White House in November. Come on people!!!!!

Its a good thing we elected a strong president whose campaign promise is to expand government. Oh… wait…

Hey Guys,
This Stuff is not about parties it is about US and our
families! This Blog is good for the Venting but what are we going to do! Lets Take our Country Back! I emailed all of the people that represent us in Ga.
Gingrey,Chambliss,Isakson. Time for you all to take leadership as well, Dont be ugly, be direct tell them to knock it off we have had enough.

With all the outrage on this thread, I have yet to see anyone actually critically examine this change in direction. Are we, the taxpayers, really worse off if we’re given a stake in these banks?
The original plan calls for us (the taxpayers) to buy up worthless financial products that will never pay us back. With a stake in these banks, we can recover some taxpayer money AND have some say in how these banks are run. The original plan hands over money with NO punishment to the people who made these decisions.
The truth is that the vast majority of economists, both liberal and conservative, support this NEW program because it a) is more fair to the American people b/c it allows us to recover some of this money; b) actually punishes those people who made these bad decisions by curtailing their control over these banks.
Do you really think we’d be better off simply handing $700 billion to the people who got us into this mess? Which is the better deal?

The Bailout was passed under threat of martial law. Read up on the Halliburton /FEMA detention camps, Operation Garden Plot and the Constitution Free Zone under Northcom. These nightmares have been established for dissenters who will not give up their guns and other constitutional rights when the dollar becomes so devalued and the market collapses.

If only HOPE & CHANGE could fix all this….OOPS! I guess it was all HYPE.
Obama & the Dems are up to their eyeballs in this bait & switch mess.
Obama for the Middle class? HA. He just shelved the tax cuts for 95% of the public. Obama is jsut Bush with a more articulate LIE.

MASSIVE issuance of debt will cause long term Treasuries to crater. Who will want them @ 4% ? Think a Banking Holiday is coming? Government to recall Gold and devalue currency. See Roosevelt and gold confiscation in 1933.

When the people find that they can vote themselves money, that will herald the end of the republic. Sell not liberty to purchase power. — Benjamin Franklin

Why are ALL of our elected officials CORRUPT IDIOTS? Oh, because American voters are, too (majority rule, ya’know). At least my senator rejected this bailout/failout. If the people don’t know that this mess is because of ‘failed policies’ of Ds and their GSEs causing a domino effect then there’s nothing to be done. Let these entities fail!!! Let the bankruptcy process take its usual course!!! Let the foreclosures happen!!! Digging our way out would start sooner and make more sense. But no, Hussein isn’t even in office and the special interests are seeking payback already. We’re broke and soon we’ll be finished.

I think we should call for a massive RECALL on all of Congress if all this goes through!! Pathetic!! SHAME ON THEM!!

It’s Sad that the Greed of a Few , has Destroyed the Economy across the World !

I’m done with the Republican Party. The Iraq war based on lies about WMD’s seal the deal for me. Adios you dog gone crooks!

This is precisely what happens when the regulatory state goes out of control. The socialists in Congress required banks to accept “sub-prime” loans that everyone knew were worthless. This wouldn’t have happened without that political pressure.
And, when it hit the fan as everyone knew it would, the socialists in Congress, instead of accepting the blame, pointed fingers at the businessmen who followed their regulations cried “greed,” demanded even more regulation, and acceded to the idiotic and counterproductive bailout programs proposed by Paulson.
Now we are being swept into bailing out anyone who has any debt, at the expense of the next several generations of American wage-earners.
That’s socialism in action. It didn’t work in the USSR, and it won’t work here.

It may be that Barrak only knows how to campaign… =( he has never governed anyone before. Yeouch I guess I should of thought about that instead of voting for what could be another Hitler, Stalin, etc. Oh my God did I just vote for a narcissist! I think I’ll look that word up in Wikipedia just to make sure.

Bush is stupid and this is all his fault but C. Todd was the chairman for the housing committee and Maxine Waters in 2004 plaid the raise card when it was proven that Fannie and Freddie were cooking the books and the Republicans asked for an investigation but she said that the effort was nothing but an attempt by the Rep. to prevent minorities from achieving the american dream… so let me get this Democrats took over Congress 2 yrs ago and ever since then it’s been a nightmare but of course it’s still Bush’s fault, right? No wonder the Elites (primarily in the Dem. Party) think that people are not fit and capable to make decision for themselves…. this proves it…

Why the heck do we allow these things to happen? Obamanation then end of the USA.

I am proud to say I did not apply for a home loan, kinda feels like I am the minority and one of a few that have common sense!

Posted by: Arthur
“When Pres. Roosevelt had his heart attack in the Whitehouse”
What a mush brain; Roosevelt died 12 April 1945 of a cerebral hemorrhage.

Wow everbody is pointing fingers at everybody else. Nothing will ever get done. Take the emotion out of it and understand the facts. The bailout was understood to balance the credit market so that businesses can keep loaning money to other businesses and the public. Without the cashflow in play the economy would be in hibernation. It was a expensive risk and so far its not working. Stop electing these people if you really want to be heard. Obama did win because people are tired of failing and wondering who to point the finger at.

It sickens me to listen to the daily diatribe of deception doled out by Paulson and others. This country has once again shown the Haves and Have Nots and it is sad that as a taxpayer, I cannot demand accountablity from those who are using my money to fix their problems.
I sincerely hope the President and Congress work together to ensure transparency for American people.

This bill was a blank check from the moment it was signed, a fact about which Paulson was explicit. Characterizing it as a “bait-and-switch” now that the details are filled in, is highly disingenuous.
The bill was also amended (and subsequently re-written) by Congress, so attributing the blame on Bush is not only a tired old canard, but an inaccurate and lazy cop-out.
Nota bene: It’s unlikely that killing journalistic standards and calling something a “blog” will usher in a renaissance for traditional media like ABC.

Stand up America and say we’ve had enough and we are not gonna take it anymore.
Don’t pay federal taxes this year.

Let’s not forget who caused this mess – it was barney Frank and the Mae’s, Fannie and Freddie, who told banks they had to loan to people who couldn’t pay the loans. So who is responsible – the big lie is that it is anyone but the DEMOCRAT party and their marxist minions.
Hey – we were ok until the Democrats got control of Congress. God save us now that the Democrats control both houses and the Presidency. You thought the great depression was bad? – pretty soon it will be called the little depression!

What happens when you are forced to become an equal housing opportunity lender? You make bad loans and pass the risk on.

We have seen that the Bush Administration can’t do anything right in the last eight years, why do you think he is going to do this right?

What about publish ing the phone numbers of our congressmen and senators? If 40 Million American can spend 5 minutes voting for their american idol why can’t we voice our displeasure on a daily basis???
Looking for solutions

Ok….it’s Bush’s fault…but, it was Franklin Reins (sp) and Barney Frank and if I am not mistaken…..it was the Repubs. that voted against it first and it went back to the drawing board where the DEMS loaded it up with more pork…..like, a $2 million dollar tax break for a company that makes wooden arrows for kids toys.

Remember a massive amount of people vote for the ones the media tells them to vote for! So why is everything in such a mess, because the ones the media supports are in power! Bush was stupid enough to bail them out, now his name (Republican Bush) will be forever attatched to it, as it should be. Constitutional law has been trampled, if the true American people don’t wake up soon this country will belong to “The Power to be”, not the people! The mighty manipulatory social media, have used propaganda tactics to hide major truth about some, while trouncing others for trivial things, that may or not be illegal. Once they get through with their target/enemy anyone that is not aware of their tactics will believe that some kind of crime had been committed!!! The media is in this just as deep as the thieves that stole Americas treasures, the most valuable ones being, freedom and liberty which gives them the wealth!

It has begun. J. Galt

Ya I was ashamed to be part of the country that bought this crap. Ron Paul was right again.

I can’t believe some of you partisan fools. He did this they did that its their fault…SHUT UP.
Everyone of these politicians are crooks. Not one on either side is any better than they other. Remember that fact please. Im so tired of everyone in this country towing their party line. Our government is full of idiots on both sides of the aisle. Or maybe we’re just the idiots. They’re the ones living well because of that.

Go USA you are a D*&% A$$! Bush was handed this mess it just took more democratics idiots Reid and Pelosi to help the mess surface and stink worse. Dems and their Pork barrel liberal spending are responsible for America demise. Best quote: “…(USA).. will be taken from within” Who better to start our demise other than Obama!

You know the Soviet Union started out by nationalizing all industry. Those who had money could opt to run one for the motherland or be fined. I think this bailout had no intentions of saving America, it’s the politicians that are looking out for themselves. Follow the money, it’s all part of the plan. We’re entering a global depression and the only countries that survive have a strong military and natural resources. Lock and load people.

With the new direction in the program it should have a new name. I proprose
“Capital Recovery Assets Program” or CRAP for short

So much for a strong miltary, with a CIC like Obama. God help us all! Everyone better be on there knees and praying!

Stop taking those Barium/Aluminum Vaccinations and stop drinking Sodium Fluoride tainted water-It lowers your brain’s ability to comprehend amongst a plethora of other deadly ailments that Nationalised Healthcare would never begin to be able to address.
America-stay on point!
Do not give up your Constitutional rights!

I support what Hoff says. Stop drinking the Kool-aid folks.

Well, I did as you suggested.
I contacted my Senators,Turban Durban and B H Obama, but they are both out of the office eh they never return my emails anyway.
I emailed Nancy, the witch, Pelosi too but she never returns my emails either.
Don’t despair because I have an answer to our problem with both parties…..We can hire an attorney and file a class action suit against them all. We can seize all their assets just like Ken Lay at Enron and use all that money instead of ours. Imagine the money that would flow into the economy from Clinton, Dodd, Frank, Waters,Raines, Cox etc, etc, etc,
Now that would be a bail out.

The tanking of the market is at 50% due to the irresponsible rhetoric of the new president during the campaign.
He needs to come out and send a clear signal that cap gain rates are not going up and 401k are not being nationalized, or everyone is going to withdraw more and more the closer to jan 20 we get.

The first 2 years of the WORST congress… Pelosi and Reid – the WORST “leaders” this country has seen in a very long time… Bowney Fwank, Chris (Countrywide VIP) Dodd working VERY HARD to spread the wealth through the unholy alliance of business and government – FREDDIE and FANNIE… and Chuckie Schemer leaking an internal memo that causes a $1.2BILLION run on a bank… you don’t think the Demoncrats tanked the economy on purpose to get “The One” elected? And the GUTLESS Republicans going along so that maybe somebody would “like” them…
It’s time to support a STRONG 3rd political party based on the Constitution (of the US).
WAKE UP AMERICA!

A = A

Three Words – One World Govt

It’s not unusual for the big media, i.e. “ABC” (no obvious byline to this story?) to soon forget recent history…even if in perhaps record speed for such…seemingly in this case. So I shall attempt to document here. The first “bailout” bill was rejected. And who was blamed? The Republicans in the House…seemingly and unfortunately (the big media in its predictable assessment before an election?), the expected story line when rooting for “change”. And even as the minority party! But then, enough of those folks of such persuasion were swayed into urgency, bought in, the bill passed, and magically the bill became “bipartisan”…the ending result being the opposition party (unfairly, in my perhaps not so humble opinion) can still be blamed someone else at some level, so if it (the bailout) doesn’t work…blame Bush! The result…same stuff – different day…nothing resolved…where does that get us? Where’s the leadership from the folks are who have been “passed the torch?”
The bottom line – the Republican administration was not the “used-car-salesman” here (no offense to my friends in such business). They were unarguably complicit, but certainly we have reached a point whereby the opposition party must begin to assume some level of responsibility…in reality, they have been in control for at least the past few days (if now years, at least since 2006 with the majority in Congress, and now with a lame-duck Executive branch and newly elected President), and certainly for at least the next two years. It’s time for the other party to begin to accept the responsibility…they are now most certainly in control of.
Harry Truman said “the buck stops here”. At this time, now as much as ever, the new leadership needs to take this approach. Regardless of party, it seems to be more important than in any time in recent history.

cc
Yes. Who is John Galt?

The only conclusion that can be drawn from all of this is, a major move to take America from the people! Why else would news (valuable information) be censured and discredited! Television is a “Bully pulpet” for information, it reaches even the “Could care less crowd”, that is where their wealth of indocrinated followers are. I used to be one, I rushed home from work at 5:00 to catch the evening news, even channel surfed it so I could be well informed! Little did I know, I couldn’t be, not from those few sources, they all agreed with each other, ran the same stories and came to the same conclussion after analyzing it. One sided information is indoctrination!!!!!! They side with the theives and Constitutional criminals!!!

gas is cheap!!! Oh……

well…. there are two ways to get out of this mess, neither is is easy or fast. 1. VOTE THEM OUT! We must wait 2 years for this. 2. Buy an AR 15

Eight days ago the majority of Americans elected a new president. The majority of the posts should be offering comforting words that all will set straight once the man with the plan takes the oath of office. Where did all that optimism disappear to so suddenly? If you voted for Obama and believe with all your heart that his plan is workable….why are you complaining? All will be set right shortly after inauguration, right?

The news reports keep lying about the cause of this crisis.
Two words:
Affirmative Action
Lend them money when they cant afford it, Send them to Harvard when they didnt qualify, appoint them to Fannie Mae when they are clueless, elect them president for one reason, they are not white.

so the big 3, where employees are getting an avg. of $80 an hour in total compensation (thanks to the UAW and the Democrats) want $25 billion dollars to keep doing business as usual.
and the corrupt Wall Street companies are still ‘budgeting’ billions of dollars for bonuses.
and Paulson has spent $300 billion dollars already, won’t tell us where it went…and is flip flopping on what to do with the rest of it.
Oh, Canada! are there jobs up there?

It’s called socialism and as I repeated over and over ad nauseum before the election, it’s the playbook Obama & Co. are going by: take the economy to the verge of total failure, then start promising “Hope” & “Change”…just wait til you see the other surprises the so-called Democrats have up their sleeves for us now that they will have complete control (Franken’s stealing the Senate seat in MN) of all branches of government. The party was hijacked, there are few if any non-socialist democrats left in congress or most other leadership positions. Now, they will run rampant through our most precious rights and traditions over the next few years and we’ll be lucky if we can even recognize the USA after they’re done. Saul Alinsky would be proud.

A lot of people that were misguided into voting for these clowns better start waking up to reality! The gift to their children and grandchildren, of the ownership of America is quickly slipping away! Even illegal and legal immigrants better wake up and realize what ever oppression they ran from is also taking control of this country, that they migrated to, to escape it

When do I get my check?

McCain would have gotten my vote had he went to Washington and voted NO on the bailout and named the names of the pork placers, as he promised. After that show of cowardess I lost all support for him.

I am afraid that they are all crooks. They are politicians after all. The economy keeps going down and they don’t have a clue. If this were two hundred years ago we would all be up in arms and out in the streets ready to fight those no good politicians. Of course that will never happen again because we just don’t have the back bone in this generation. So lets just keep on complaining.

In a very short time you will see just how lost we as a people really are. This man Obama came out of nowhere! He has been hand picked by the ELITE for a reason. Our freedom is in trouble!
KEEP YOUR EYES OPEN WATCH YOUR 6 BECAUSE WE AS A PEOPLE ARE THE ONES WHO WILL BE TESTED. I SERVED THIS COUNTRY FOR 10 YEARS IN A VERY SMALL UNIT AND DROPPED A TEAR AND DROP OF BLOOD HERE AND THERE AND THOUGHT I WAS DOING IT FOR THE RIGHT REASONS. I WAS WRONG! I LOST FRIENDS ALONG THE WAY AND MET SOME VERY INTERESTING AND SMART PEOPLE IN THE PRIVATE SECURITY INDUSTRY. IT IS ABSOLUTY AMAZING WHAT THIS BOX LOOKS LIKE WHEN YOU ARE LOOKING INTO IT FROM THE OUTSIDE! IT WOULD SCARE YOU TO DEATH!
BE SHARP, BE VIGILANT, AND BE STRONG!THERE MAY COME A TIME WHEN YOU WILL HAVE TO STAND UP BESIDE YOUR NEIGHBOR, YOUR BROTHER, YOUR SISTER, YOUR MOM AND DAD EVEN THE PEOPLE YOU DON’T LIKE VERY MUCH AND FIGHT FOR THIS COUNTRY.
IT IS YOUR RIGHT, AND IT IS YOUR DUTY AS UNITED STATES CITIZEN AND IF YOU DON’T HAVE THAT GREEN CARD YET, STICK AROUND AND HELP OUT AND YOU JUST MIGHT GET ONE. YOU WILL STILL HAVE TO GO TO THE BACK OF THE LINE. BUT YOU CAN STAY HERE UNTIL IT IS YOUR TURN TO APPLY!
GODSPEED AMERICA, THIS IS NOT A JOKE!!!!!!!!!!
WHY AM I PISSED OFF, BECAUSE I KNOW TOO MUCH ABOUT THINGS I DID NOT WANT TO KNOW ABOUT.
WAIT UNTIL THE PUBLIC FINDS OUT WHY GAS REALLY WENT TO 4 AND 5 DOLLARS A GALLON
THEN ALL OF YOU WILL BE A LITTLE UPSET.
WAYNE
FORMER U.S. MARINE
RECON COMMUNITY
INTEL COMMUNITY
P.S. COMMUNITY

stop with the Mars/Venus b.s. wanna know who’s to blame? look in the mirror. almost all of them came back to the all night binger they’ve been throwing at our expense for decades now. we deserve what we get. the markets were working fine before government intervened. they were punishing the foolish and rewarding the wise.
write your congress people. i plan to but i expect no recourse. barbara boxer said before the 1st vote she had hundreds of emails and vm voicing dissent but she voted yes anyway, “because they just didn’t understand.” and she was right, she and the rest of congress could do whatever they wanted and we’d vote them right back into office.
this sort of painful stupidity goes well with alot of alcohol.

In the rush to blame the Bush Administration, let’s not forget…
The bill Bush sent to the Democrat-controlled Congress was 3 pages. By the time the Democrats in Congress got done with it, how many pages was it?
And yet so many of you fools fell for Obama and the Democrats and their promises of fixing everything Bush (allegedly) messed up…even though Bush could not have accomplished anything without the support and approval of the Democrat-controlled Congress.
Enjoy the next 4 years of reaping what you’ve sown…

Why are we bailing out the crooks they dug their hole now they can cut their pay and bail out their own companies. Why is there no criminal investigation into all this stuff, my taxes are going top bail them out evey last pennie needs to be accounted for no bounses, CEO’s can take a pay cut. Hell I need a bail out I want a few million to bail myself out of debt why not these big companies are doing it.

until we decide to elect people who are niether republican or democrat, this is what we will get… more of the same! we need REAL CHANGE!!!

Every 25 years or so there is a MAJOR transfer of wealth in America… simply a harvesting of cash! Every third or so cycle, it is not only transfers existing wealth, but future wealth as well!
We are in that third phase… so get out the beans and rice!
But then there has been an enlightened election!
OK… all you productive “white capitalist”… Report to the cotton fields Monday morning at 7:00!
Follow the money as it IS politics!

The president is the commander in chief. He is not a salesman that sells crappy chevy cars or 21 mpg dodge neons. MOST of the current job crisis is derived from the unions. Many, many, many people now making 35,000 a year would GLADLY take these jobs that GM pays 70K. Unions have brought this country to ruins!

We all still (in some cases by gunpoint) still owe our fraudulent debt back to the bankrobbers. Meanwhile they’re buying condo’s in Cancun & Dubai, and I haven’t eaten in 3 days.

Powerful people have many puppets orchestrating their rise to power!!! Once power is achieved the puppets are cast down with the rest of the oppressed! The best defense against this is to enlighten as many as possible! Once people see/hear truth, they recognize it, even though they may deny it at first! It still remains as something they have to deny in their head/thoughts long after you are gone. If they dwell on it long enough and it starts being proven to them in their awareness/activities of everyday life, they will accept it, they same as they accept the lies and distortion blasted at them now, on a daily basis!

Barry will give some bailout $ to his illegal aunt up in Boston so she can live better like he does – and he is also illegal!

Ennis Knupp should be fired!

We will all inevitably end up being old to early, sipping cheap vodka in a poor cafe with tears in our eyes. Good is bad, bad is good.

This whole TARP scam is ludicrous. It’s past time for all of to just refuse to pay any taxes and stop this insanity!
TAX REVOLT NOW!

I just can’t understand why more people aren’t completely INFURIATED by this whole situation.
Now lobbyists are getting in the act. If you’ve never believed in the rich getting richer…
Although you might expect this from the Reps…you Dems better start realizing NO ONE is looking out for the little folks!

History will name names and expose lies and liars, and their descendants will read and know who is responsible for giving their inheritance (Country) away!! Pointing the finger at you Media, you have been the judge and jury against the ones that are truly for the people and nation. When you are washing the persperation and grime of the day off, understand there is a certain kind of filth that can’t be washed off! That emptiness in your soul will be there forever and so should it be!! One free Nation on earth, that belongs to the people and you squander it away!!!! Expose them for what they are to your friends, history will!!!

The Dems and their “progressive” thinking about forcing banks to give mortgages to people who couldn’t afford them ARE RESPONSIBLE for this mess. The media is responsible for covering up their part in it to protect their horse in the race…Obama. The ignorant people in this country who voted not knowing a damn thing about what is really going on are responsible for what is going to happen to this country come January 20th. If you all think Bush was bad, you ain’t seen nothin yet!!

Sounds like a free for all, for anybody .

The fault lies in all of our elected officials. The people can band together an elect a different party for President, yet everyone keeps re-electing their representatives in the House and Senate! Insanity.. Never elect an incumbent again.
And in this society filled with litigators, when will someone consider going after the members of the House, Senate, treasury, etc for violating their fiduciary duties and responsibilities to us the people? These are people who are legally allowed to engage in insider trading of stocks!!

I imagine if a million persons march were organized – For this case it would be 10 million. I know for sure that it would dwarf anything that has been organized before in DC.

uh? the application says they are buying preferred stock, which is exactly what was reported they were planning on doing in september, where is the news story here?

What color are you? I’m Red White and Blue blood American!!!! They use race to try to divide us because “United we stand” is a true phrase. Division weakens the opponent, they are quite good at using that tactic! Don’t take my word for that though, look around you and you decide! Common people work around all colors and nationalities on a daily basis and get along quite well together! Yet we go home and listen to the propaganda machine and think we are unique because we get along so well with the diversity in our everyday lives. There is a reason they try to divide US. Their studies show, that is a good way to weaken us, the USA.

A bunch of liars.
Blank check to do what you want.
Instead of do what you SHOULD.
Man the gov’t is going down hill fast.
Obama has a full plate.

Laura, you said it sister!

None of the comments I read will attempt to point out where does the government is BOROWING the money from. The banks are broke, Uncle Sam is broke, we (the gullible) people are broke, yet there are out there a bunch of financial Einsteins willing to lend to Uncle Sam which in turn promises that WE (the gullible) THE PEOPLE will pay back with interest mind you, for the next generations. Try Google the origins of the Federal Reserve. Would help you post more informed and intelligent comments.

I am so disappointed in my country. I don’t know what I can possibly do since everyone seems to be liars and cheats.
I just hope we can provide for our family on some level and that after robbing us, the government will leave us enough to live on.

All this is amazing.
Hungry hogs at the trough.
Every business and struggling financial institution pillaged the market and now expects the citizens to pay for their stupidity and financial harvesting???
This is not a President Bush issue, ask Barney Frank why regulations were set to AWARD mortgages to people that did not earn them .
I cannot wait until I get my mortgage paid and get a fre tank of gas from the promises of this recent election.

“The love of money, is the root of all evil” “The thief locks his doors, while the honest person leaves his open”!!!! The greedy knows the mind of the greedy and the thief knows the mind of a thief!! The honest one trusts all others are the same as he/she! Sad to say they ain’t! Bank robbers go to jail! National treasure robbers, remain in power backed/defended by a powerful information censoring machine!!!!
Any man that might Father a child or any woman that might give Birth to a child, better wake up and realize what is at stake. Even their (The ones in power) supporters are now questoning their motivations and desires, Republican or Democrat!!! There have to be alot of Americans saying….opps!!!

Can you say devaluation of the currency? our currency is about done. It’s going to be right up there with the PESO. Of course we were lied to. Bush has horrible people around him. Bush is either the stupidest president or the most evil president we’ve had in recent times. Paulson is a crook and should be put away…. for good. The democraps aren’t any better. Lets all face it, regardless of what political party you are with: We were lied to by the Treasury secretary, and the Fed. It’s time to do away with these guys. I can’t tell you how angry people are about this today. We are screwed. We will need a new currency as our dollar is down the tubes. Just bail everyone out huh? Is that all the democrats in the house and senate can do? This is ridiculous. We were once a great country, now we have corporate welfare for credit card companies who commit usery on the public? It’s about damn time some of these guys go out of business! Instead our government keeps these idiots going with OUR money.

There are several looking real good for the new president on this blog, like TDPro, and several looking good for other leadership positions!

Why is everyone worried? Didn’t you know that The Chosen One, Obama, will pay your mortgage, utility bills, and put gas in your cars??? Where have you been? The great messiah is coming to save us from this economic tragedy and it will all be over in about 70 days.

Hail the new Money Honey!!!

Brock,
This is why I turned my tv off in 1980′s, that seems to me to be the “image of the beast” I said seems to be…It has turned out to be a poweful corruptor in this country when you consider that men and women were not shown sleeping together on tv until the 70′s (archie bunker) which is when it really went south for tv, and and left wing shows like MASH in the 70′s used “damn” and “hell” and were considered controversial then, see how far we have fallen for moral standards? and this president wonders why he has a low approval? He never did one thing to address this moral decay after he tricked the dumbies in the so called “Evangelical” church into voting for him, much like Carter pretended to be an evangelical and they dumbly voted for him. The low approval is the missing 25% who he did nothing for on a moral basis, just the usual “well I cant overturn Roe V Wade” Now these same people have Huckabee lying to them for the next election, the guy is a total fraud, the only thing he has in common with anything conservative is he says hes prolife, thats it everything else is liberal green left wing dem, and if you do turn on a tv once in a blue moon (which I do) and watch him, he’s obviously an evil man.

Maybe we need to keep looking for the new president, TD, you sounded good for a while there. Eagle, what say you? You up for it? Seriously, though, I wonder if this country has the guts to do anything other than gripe. The voting record shows it does not. There are still some real Conservatives out there and I hope one will rise up to lead us. I tried to urge our Governor to do that, Mark Sanford of SC. Jim DeMint is another, the useful (as opposed to worthless) senator here in SC, and Broun of GA seems to get it too. And don’t forget Sarah. Of course, this is assuming that a)we get through the next four years without all hell breaking loose, or b)someone takes matters into their own hands, the government once again BELONGS to the people and we are able to install someone with the right values. We need a CONSTITUTIONALIST before all is lost.

They are all connected, they are all eating out of the same pot.
Gas is $1.95 down the street tonight – 2 months ago it was almost $4.00 — Please tell me that Americans are not foolish enough to believe that OPEC is keeping it down for goodwill towards us Americans. The majority of Americans and sadly their children are being looted, then manipulated to believe it has to be this way.

Remington was very happy with the way I put my stimulus check to work, maybe helped a little to revitalize the economy, maybe even a Republic.
Although, that stimulus check was sent about 6 months ago (wait, you think they may have known this whole banking meltdown was coming! — Our representatives couldn’t be that deceitful, could they? )

To those in the Media!!! You have to see how much the people love America and the freedoms it affords the industrous family and working individuals! Quit covering for the CROOKS in power! America has been robbed/attacked!!! Who is responsible? Is there any credibility in your profession? Do you have children? does their future mater to you? Is your God in heaven or is he on earth???

First the private banks threaten to take our money and even under the Freedom of Information Act we still are not allowed to read all the official documents in the bailout, Obama tells his plans of a mandatory civilian defense/work force on change.gov which is quietly reworded. I believe that the government is betting on a bunch of reality TV watching, sodium fluoride drinking wastrels not caring about this heist beyond all heists and the subversion of the sovereignty of our country.
We can not let what is left of our country to be bought up by the Chinese/Middle East.
God help us.

Keith Olberman is a horses petute. His Kool-Aid drinking rants and far left raves are only amusing because of their sheer stupidity. I for one will be very happy when MSNBC finally boots his arse out the door. Just like every other employer has.

I can’t believe this article tries to pin this on Bush. Is memory that short? The Dems invented this entire thing, the Reps even blocked it once.

this is the baby boom generation hard at work. the single worst generation of people in american history. disgraceful.

AMERICA HAS BEEN ROBBED, WHERE ARE THE POLICE!?????? Apparently it wasn’t the common people that committed the crime!!! If it were, the cops would’ve been all over them! WHERE IS THE INVESTIGATIVE MEDIA???? Are they asleep?Where did they go, did they disappear??? How stupid are people? I don’t know, ask the media, they do the studies! America For Sale….Sold to the highest bidder!!!!!

I vote for Trucker Matt.

The foremost thing in our lives right now is to inform/educate the ones around us of the things that are happening. Have them understand that freedom is precious and it is what generates the wealth in life that goes way beyond the love of money!!! Peace at heart and comfort of soul is worth more than all the gold they have already squandered for us. Keep God in Heaven, the one in Washington will decieve you!!

As an American living overseas for the last 18 years I can tell you that the working Americans that are left in America are sooooo screwed.
Get out now while you have ten cents left. There are better places to live.
My new home has a great big moat with lots of sharks in it and it works damn well. Good luck y’all.

I like a lot of trucker Matt’s ideas also. But to put some sanity to these requests – maybe a simple test would be to consider the impact of NOT aiding a particular firm. Take GM for example – which for years has fought a government protected extortion racket (UAW) – and has NOW BEATEN THEM – which few posters here are aware. The 2007 national contract with the UAW calls for GM to hire new employees in at about $14 per hour plus benefits – around HALF the old union scale, and a lot of the cumbersome workrules have also been eased. GM has also spent BILLIONS on R&D – including the most advanced electric car in development (Chevy VOLT) – which is only a year or so away from the market (final testing – mainly to confirm battery capabilities are now under way.
We can say “screw GM” – and let them file bankruptcy – and then they can say – screw us – and dump about $200 billion dollars of pension and healthcare obligations on the government – like many of the airlines who filed bankruptcy just did. Only difference is that GM has over 450,000 retirees and surviving spouses right now. Maybe the “SMART” thing to do is to recognize that our auto industry – the core of the manufacturing sector – is a STRATEGIC asset – and at least it is worth helping them get through this economic crisis – and then we find out whether the new lower union pay scale and the VOLT will turn things around. With GM’s retiree base rapidly aging, and likely to be much smaller in 15 years or so – it makes a hell of a lot more sense to give them $50 billion in loan guarantees – than to have them dump many times that amount in obligations on the government.
Companies like American Express who also also calling for aid need to get a grip. Amex is still a profitable company – they can easily weather a few losing quarters. If AMEX shuts down some operations, all it will mean is some Class A office space becomes available to lease to someone else. If GM goes under – they will have hundreds of old industrial sites – with possible EPA issues – sitting all over the country. GM has been closing down old plants, cleaning up the sites, etc. – I think letting them continue to do this on their own dime makes a lot more sense than letting them fail and dumping that whole problem on the government as well.
Considering all the aid that the Japanese auto firms have received from their own government agency (MITI – Ministry of International Trade and Industry) – our helping our native auto industry is simply leveling the playing field. Local and State government here have also bent over backwards to provide “aid” to Japanese auto plants, in the form of tax abatements.
In another 15 years, we might not only find that GM and Ford are doing well – it could well be the Japanese, with by that time an aging U.S. workforce, and who will have to start paying taxes when their “sweetheart tax deals” expire – who may be struggling.

All that money being passed out to cover the gambling debts of the bankers and insurance folk, the economy going down the drain. This bailout money has passed what the republicans borrowed the last 8 years.
The $700b+ (trillion plus) should have gone into the toilets of Los Angeles.
Make it when any toilet is flushed in southern California it ends up at a plant in the Mojave. That’s where the sewage is turned into fresh water, fertilizer and methane gas. The plant would be powered by solar, the sewage by products will all be used.
All the equipment and materials needed for this project would come from America. We’d have to build diesel engines for the earth moving equipment, we’d have to build the earth moving equipment. Pipes and pumps and what ever else is needed. Workers would have to be trained, they would need pick ups, shovels & hammers. The equipment, trucks and everything would made all over America.
The workers would have to be paid, they would have money for cars and movies and and houses and dinner out and everything else.
A project of this size could put America back on the road but we gave the money to the bankers and insurance folks to cover their gambling debts.
These days the democrats and the republicans are different sides of the same coin. Will the democrats do what’s right or will they continue be the other side of same coin?

The unraveling started when Mr. Wonderboy Clinton signed what amounted to affirmative action housing into law, thereby allowing all kinds of not really income to be called income. From what I have seen from the last 4 or 5 presidential elections it will not get better for sometime still. There has to be better candidates than either party has presented the last 4 or 5 elections, if not we haven’t seen anything yet.

I know of a Texas congressman who had death threats for not voting for the first bailout. Who would do that? This is bigger than it seems. I blame the democrats squarely, and I think this is the beginning of the end.

Dems Barney Frank, Chris Dodd, Nancy Pelosi etc. are the ones who created all this to win the election.
Wake up fools!

I have ideas that will jump start the country/world. I’d work for FREE, with ABSOLUTELY NO kickbacks. (first order of business is outlaw special interest groups) I can live on the bare essentials and my only goal is to leave this world better than how I found it. Too bad none of the politicians think like I do.

Instead of TARP this program (Capital puRchAse Plan) should be called CRAP.

Posted by: ATownClown | Nov 13, 2008 1:26:49 AM
I have ideas that will jump start the country/world. I’d work for FREE, with ABSOLUTELY NO kickbacks. (first order of business is outlaw special interest groups) I can live on the bare essentials and my only goal is to leave this world better than how I found it. Too bad none of the politicians think like I do.
That sounds great Pres-Elect Obama-nation, but are you willing to share all that money you’ve accumulated with all of us poorer folk? The context of your post makes you sound like another elitist, a French Socialist elitist at that. Maybe I should change my name to John Galt. I’ll drink my Kool-Aid now… no offense meant to the French…

Here is a good idea for all you finger pointers… walk into congress and point your finger at the door…and tell all of those idiots thats where they need to go…because they are fired…STOP RE_ELECTING INCUMBENTS…once your rep gets elected..tear down his/her signs for re-election that go up the day after he/she moves into his/her new office..and keep tearing them down until they get the message to do thier job first and stop worrying about how they are gonna keep the job the havent started

Hey democrats. Your leader Obama voted for the bill and so did draft dodger Joe Biden.

Well, just wait till Obama gets in there with his 3 years of campaign experience! America has asked for what is coming the next 4 years!

I need about $70,000 to get completly out of debt. (mortage, car payment, credit cards, old credit card debt, money I owe my brother and sister) As Michgan govenor Granholm says “That’s just a drop in the bucket compared to the 750 billion.” So is there a government office I go to, or can I apply online?

I don’t feel sorry for any of you at all, because you all are the reason these people have a seat in the congress, senate, and presidency to begin with! Don’t blame me, i voted 3rd party. When are you people going to take off the partisan blinders and vote for the best person? It was the democrats that put pressure on the republicans to sign off on the bill after they voted against it the first time, but the same republicans that had a backbone the first time, gave up like spineless cowards after the second vote. We better not bail out the auto industry. The reason they are going bankrupt is because they are putting out inferior products, and fail to give what the consumer wants. Why aren’t Honda/Nissan/Toyota asking for their cut? They also make cars out here and employ many workers. The american auto makers keep dragging their feet with gas saving engines, while Toyota, Honda, and Nissan are starting to make everything more fuel economical. If the govt bails out the auto industry, I will totally lose faith in the country, and will just start calling this the USSA (United Socialist States of America).
HAVE A CLEAR CONSCIOUS, VOTE 3RD PARTY!

I still can NOT believe how so many of you have NO idea what Congress is doing, blaming everything on Bush out of sheer habit.
Gang, the housing bubble that caused all of this was cause almost exclusively by specific democrats, and worse, the CAUSE of the crash is the most important aspect… which was the use of banks to accomplish SOCIAL MISSIONS… that’s right, more social spending… but in this case, causing banks to stop operating as banks, and instead act as soup kitchens, dispensing mortgages to people that could NOT handle the debt.
This was exactly how liberal democrats corrupted the home lending market. The misuse and corruption of banks (and heavily defended by the Democrat Congressional Black Caucus in particular)
Now think back, about a dozen years ago, a group of serious minded folks swept into Congress that was willing and ABLE to tackle the serious issues of government spending and more importantly, start addressing our DEBT. Everything was on the table to freeze spending, and to cut, deeply, the public sector which has grown to OBSCENE levels.
Our failure to support the 104th congress, and the leftist media machine that worked night and day to attack/discredit/stop them over a decade ago… are to blame for a fiscal house that is WAY out of order.
We are in for a staggering depression that will last in excess of 10 years, with 4 or 5 Americans out of every 10 being unemployed while our massive debts are paid off… just as the baby boomers are all leaving the workforce, and going on to public assistance.
And since some idiots said that a “service economy” was a good idea, and raised minimum wages and regulation to the point where every job that could be shipped to Asia has gone there… we no longer have squat for a manufacturing base.
We are totally screwed.
And it is VERY centered around government run social spending, the engine of the Democrat party… bringing them votes at taxpayer expense for nearly 100 years.

Let’s not leave out our good socialist friend and senior senator from NY, Chuckie Schumer, who’s public letter caused a run on the IndyMac Bank and got this whole ball rolling. $1.3 billion assets were withdrawn, the domino effect rolled other banks, their loans, the whole investment community. Just a stupid, stupid move by this gas bag Schumer, he should be investigated and tried for his actions. With a 11% approval rating in congress, why is it only Republicans that are being replaced? Anyone with a legacy should be replaced, Dem or Repub, just turn them all over and the first requirement is vote for no one with a law degree or backround.

lear jet needs money, cigarette boat needs money, bertram yatht needs money, sands in vagas needs money, hilton head resorts needs money, micro chip makers need money, fashion indutry needs money, shoe makers need money, bring back instant film, etc, etc, etc……give money to one, give to all

Did you all hear what i said? The so-called “Federal” Reserve bank is absolutely not a part of our US Federal government, but a private stockholder held corporation. Who adopted the name “Federal” to throw up the appearance that they were part of the US Federal government. Don’t you all smell anything stinking to the highest heaven here?
WAKE UP!!!

I hope that every one of you who complains about the “welfare” system of America doesn’t take a tax deduction for his/her mortgage every year. That is the biggest “welfare” system of all and probably every one of you (and I) benefit from it.
Yes, there were people who got mortgages that they shouldn’t have. BUT the mortgage companies do have to take a portion of the blame (most of it). Last year, my husband and I, after 15 years of saving, decided to put an addition on our VERY modest house. Mortgage companies fell over themselves trying to give us WAY more money than we (A) needed and (B) could honestly afford. I challenged them–”Why would I borrow 200K for a 120K addition?” and was told I could “invest” the rest in the stock market. When I said that I would be paying interest on 80K that I didn’t “need” for 20 years, they again pushed the investment angle. Luckily, I knew better and passed. BUT, how many other people wouldn’t know better. Even my VERY wealthy father said I was an idiot for not taking the $$$. He said, “You’re borrowing at 7% and can make 10% in the market. You are throwing away 3%.” Yeah, right.
So my husband and I were smart and only borrowed what we could afford. Then…I finally got pregnant…then he got sick. Emergency surgery. And even with medical insurance (GOOD medical insurance), we are looking at some huge bills.
Then the market tanked and my job was gone. And he can’t find anything to take up the slack of me losing my income. What’s more, the small LOC that we got for the addition–now that the credit market is so tight and housing prices have tanked, we cannot refinance even though we’ve been so careful with our money. We may become another one of those “losers who borrowed more than they should and deserve to lose their house.”
So….every one who is so much smarter than me…don’t get sick. Have a job that cannot be downsized, don’t put money into the economy by improving the value of your home, and DON’T you dare take that mortgage deduction on your 2008 tax return. Then yell about all the stupid people who should lose their houses.
I do not agree with how the government is spending our money, but after 8 years of GW and a war(s) we don’t belong in WE are getting what we deserve. Looks like the terrorists were VERY successful in their attack. They have us running around spending money on a war. The terrorists goal with attacking the financial district of the US was successful–it just took 8 years. Patient little suckers, aren’t they.

Not just Bait & Switch! It’s a shell game with taxpayers sawed in half while the elephant goes poof! Confidence game anyone?

It seems like a lot of people here don’t know that the Demcocrats have been in charge of writing all legislation for two years since they currently hold a majority in both the House and Senate. Bush never vetos anything.

Hey Hank, Where’s mine!!!

only 90% of the public thought it was a bad idea. Many said so. Anyone with a brain cell 1st year econ would have concured. Any welfare to anyone should be done solely with congressional wealth. Thanks Bush,Pelosi, Reid, Obama, Mccain. Got to say thats a swell job you guys are doing

So thats why all these corporations applied for bank holding status. So they could meet the conditions of the TARP CPP plan, to submit an application for a bailout.

Call it the Capital Reinvestment Assistance Plan. It’s more accurate and honest

Funny, I remember Pelosi and Reid calling the House Republicans unpatriotic for not supporting this bailout. You Liberals are so hypocritical it’s disgusting.

I agree with Fred, we should all stop paying our taxes. Unfortunately they are automatically taken out.

“the buck stops here” Harry Truman
“the buck starts here” GW Bush

Interesting that the real culprit, the press/media, is not mentioned. If reporters were actually digging out facts instead of their own fantasies and political leanings, this mess would have been exposed and fixed long ago.
The press is now the ‘failed’ estate – a group of Jayson Blairs, dishonest and incompetent.

This country needs a revolution because these crooks are ruining us, the nation and our future!!
Good God I never thought this could happen in my lifetime.

People don’t realize that this stock option buy out was in the original bill.
DO SOME RESEARCH ABC!
Ira Glass talked about this on his show This American Life.

Are you guys all in the twilight zone? If there was a Republican anywhere that the Dems could blame this economic crisis on, they would be wearing prison orange right now! What difference does it make they are almost all ‘com-mies’ anyway. The American people (some of them anyway) have spoken with Barack, they want to become ‘com-mies’. Hope and change!

You can’t lay this at Bush’s funeral pyre. This is a crat mess and thank God they got to deal with it.

My question about all these foreclosure programs to save the stupid… how long before people who have expensive mortgages but are currently paying them, decide to stop paying and go into arrears so they can get a piece of the pie? It will only accelerate the rate of foreclosures as more people jump on the gravy train.

How do some of you guys figure that this is all Bush’s fault. The man has screwed up a lot while in office but Pelosi and the democrats are continuing to demand more money for large company’s. At what point is someone not to big to fail. Blame Bush and the republicans all you want hopesprings but remember Congress is controlled by the Democrats.

And now Obama wants to bail out the automakers, too? GEEEZZZZ!!!!

I’m clinging to my guns and Bible. I think I’ll need both of them.

at least one way, before the neocons leave office, to replace the trillions dollars missing under dov zakheim’s watch at the pentagram.

$250 million to buy bank stock. that’s almost $1 for every citizen. is my stock certificate in the mail? since it’s my(taxpayer) $$$ funding this….
whens the stockholders meeting:) hopefully it’s in a nice place this year. lol

Obama will save us all, 51% are getting checks now, the end is near, Rome lasted until 51% were on state welfare.

Start a tax revolution, ok let’s all march down to our HR dept and say we want to fill out new forms to withhold 20 deductions each……
let’s see how they feel about that!!!!!

It was made very worse by Jimmy Carter who started “spreading the wealth” on subprime loans to those who could not make the payments to buy votes for the Dems. In 2004 John McCain tried to stop it but the black Dems went bonkers.

I am a partner in a small “family business”, which exists to house, feed and clothe 3 small children. We have invested heavily in the stock market. Now the business appears to be going under due to the poor economy and increases in taxes. I want to apply for some bailout money. Does anyone know how I should go about it?? I’m sure you all will want to help me in my suffering.

We are all boned. We have three Houses all run by idiots and another idiot protectionist on his way in.
I love how Palsin gave Congress a 3 page bill and they gave him back a signed 490 page bill and still they blame Bush…
My guess is that for the next four years of the Obama admin all problems will be blamed on Bush. The media is already practicing how to say “Times are bad but it is all Bush’s fault, even though times have become worse since the Dems had complete control they are still just cleaning up Bush’s problems.”
Can’t wait for them to move forward with this Bush investigation. Forget, health the country, stop playing politics and be leaders.

I suggest that everyone posting here today, go read the Declaration of Independence 3 times through, then come back here and post how they feel. It will empower you. You will find out that we are obligated to stop the likes of Frank, Dodd, Reid, Pelosi and any other politician that had used their position in a criminal way.

let’s face it, no business in the private sector could survive if it was handled like the gov’t handles things. if not for the regular influx of tax dollars(which we have no choice but to pay) they continue to spend and pat themselves on the back for their ingenuity. republicans are good at this, but the dems are professionals.

theres not another presidential election for 4 years people.. time to work together and start labeling people in Washington for the work they have or haven’t done instead of their party affiliations.

As soon as the Long Legged Mac Daddy get’s into office everything will be better. 68 day left and counting…

YES,I WANT MY BAIL OUT,RECENTLY I FILED BANKCRAPCY ,THE BUSINESS BAD, NO CONSUMER STUCK WITH ALL THE MERCHANDISE,SO I AM ENTITTLE WITH THE BAILOUT,THEY CAN HAVE ALL MY BAD ASSET TOO.SO TELL ME HOW CAN I GET SOME OF YOUR MONEY AND MINE? OH I KNOW!!! I NEED TO JOINED THE UNION .

Hey, your idiots Barney and Barack said they agreed with the bailout. That means its great! They are truly geniuses, only President Bush is wrong, the Democrats are always right! DO you ever look at what you write?

Dupped again america. And people laughed when i voted for Ron Paul. Who’s laughing now….me

Let’s get to the facts and drop the con. Barney Frank and Chris Dodd are criminals and con artists that took the American Public for a nasty ride. Barrack Obama aided and abetted both so he is equally guilty. I say let’s prosecute all of them and get some satisfaction plus eliminate the source of the problem. Can you say Fannie and Freddie? But the sad fact is Bush has no balls now and the conservative movement will need to resurrect itself from the ashes of the RINO’s. Sarah Palin my do just that in 2012 if we make it that far.

So who is it that started this bailout thing and is now pushing to buy the auto industry?…oh yeah the Dems…the ones that want the government to own everything…the ones that pushed “bi-partisan” Bush into this. His biggest problem that he gets blamed for is the Congress –the economy wasn’t anywhere near the disaster we are facing before the Democratic congress took over.
Many of you sling the term leaders around…but that is exactly what we are lacking in Congress ..LEADERS….a bunch of what’s in it for me followers….we need leaders , not politicians to run this country!

We are led by two political parties without meaningful differences. Both parties are represent the ideals of big-government statists.
The difference is that one party wants first graders to learn how to put a condom on a banana, and the other party doesn’t want their children to learn about sex until college. I guess that difference is fundamental enough for some voters.

Well, I intend to milk this as much as possible. As my wife is a dual-national with Sri Lanka as are my son and daughter, I have an easy out if things start to go bad. Yes, the economy there sucks too, but US$$ are gold.
So, keep sending me free money! I have houses and airfare to purchase!

RyanT.: Political parties truly are the root of all our modern governmental problems. But this isn’t really a two-party state anymore. Consider these facts:
-Democrats supported an ill-advised war initiated by a Republican president
-That same Republican president pushed for expanding entitlements and grew the size of the government by over 30%, thereby ballooning the debt
-Democrats complained about domestic surveillance and then quietly voted to do nothing about it
-Republicans threw out free-market principles and supported government intervention in the financial sector
All these facts (and more) point to one conclusion: on the “big” things that affect our country–war, fiscal responsibility, personal liberty–there is no real difference between the two parties.
Yeah, they may differ on social issues. Big deal. On taxes? Sure, Democrats want to raise taxes. But Republicans want to borrow from China and the Middle East to pay for stuff. Both options stink, because both options ignore the sad ruth that we’re essentially bankrupt.
All the stupid little issues most people argue about are there to distract us from the bigger picture: Democrats and Republicans COLLUDE (yes, I use that word because I basically consider the parties to be criminal organizations) to deceive the public and block out any chance of a third party gaining a foot-hold.
The Republican and Democratic parties are simply the two wings of the vulture that’s trying to pick our bones clean. There’s really no sense in arguing over which wing is “better.”

If you think the Goverment is to blame then hold them responsible and vote them out.
If you think banks are to blame then hold them responsible and pull your money out.
If you think people are to blame then hold them responsible and let them deal with the consequences.
There is plenty of “Blame” to go around. The truth of it is no one wanted this to happen. The Government made a poor decsion in the late 70′s to push these loans, they used pressure though the 80′s and 90′s to continue it, two and a half decades later they were warned. Unfortunatly for us the country was too much in Hate with the administration to pay attention. That’s what hate gets ya.
No one wanted this to happen. It did and we all have some level of responsibilty in it.
So quit making excuses and whining. Stop living outside your means. Learn a little about finances, (it’s free at the libary you know), and quit voting for the same old politician who backs the party before the people.
Now comes the next big poor Government decsion. Reward (Bailout) the irresponbible by not holding them responsible and punish the responsible by holding them responsible.
This is such a Democratic concept. Now you now why the fiscal conservatives are so angry at Bush.

It is the inherent right of a democratic people to remove our leaders, change policy, or make changes in our institutions of government by force or general uprising if such entities have entrenched themselves beyond the reach of traditional legal or constitutional methods. When the bureaucracies no longer serve the people but instead those entities whose interest lie contrary to the good of majority of the common Americans it is not only the constitutional right but a moral obligation to rise up against those who have corrupted our most sacred institutions. Corrupt politics have infiltrated every venue of American life. Our legal system has become so entwined with politics that political affiliation controls the selection of those entrusted with the most sacred duty of interpreting the laws of our land. Politics now dictate over which cases our Judges may or may not preside. There is little doubt that justice is no longer blind but peering beneath her blindfold with a politically jaundiced eye.
The very existence of the Plum Book is blaring evidence of the level of corruption that consumes our political system. FEMA’s recent fiasco is merely a bubble in a raging sea of incompetents that fill these political payoff positions; positions which in many cases directly affect the lives and futures of the common American.
Our royal federal officials feel untouchable, much like the mobsters of the twenties or the drug lords of today. They control the legal system. They have placed themselves above the law. They have amassed large fortunes and feel comfortable knowing that those they cannot manipulate they can buy.
Yet, there is a general uneasiness creeping into the atmosphere in Washington. Like a criminal who has gotten away with the crime there is always a nagging doubt they left some clue behind. They sense that something is coming. John Steinbeck said it best when he wrote,” Power does not corrupt. Fear corrupts, perhaps the fear of a loss of power.” They fear rightly so. The seeds of their destruction have been sown and are even now forcing their way from the dark earth of discontent. Our exalted public royalty is beginning to feel the rumbling as the common man awakens to their betrayal. They have stacked the fodder beneath their feet with actions that can only be labeled as unconscionable. The flames of righteous rage, though a smoldering ember for the moment, need only a tiny spark to erupt into a cleansing fire. Aristotle said it best when he wrote,” Revolutions are not trifles, but spring from trifles.” It will happen. It will be a small thing.

Hey you all are missing the point. Paulson is a DEM and BUSH could not sit around and do nothing unlike the congress for past 2 years. There is enough blame to go around. I say let the Automakers file chapter 11 and then get rid of the unoins

All this money stuff is way over Bush’s head, so he has just allowed Paulson and Bernake to print all the money they need to bail out their buddies. They both should do time. I’d rather see soup lines again for the next few years, rather than see my kids and grandkids pay this debt for the next 100 years. Let the companies fail. If they print much more money; it will be worthless and will still deal with another depression. Bush should be sent to the ranch until 1/20/09, so at least we can keep him from doing more damage. And those who voted for “change”; we’ll all get our change and you libs won’t like it either. It’s only going to get worse, and you better get prepared. The economy is crippled from Democratic policies.

So, the wall street guy who became the treasury secretary provides hundreds of billions to his buddies on Wall Street…no oversight either….hmmmm and where was the crisis for us?
Sounds more like a crisis of leadership. The taxpayer get to enable bad management by giving them more money they proved they could not handle anyway….wow…what a deal.

Are you seeing the big picture?
It’s not YOUR money. YOU gave it to THEM to spend how THEY thought YOUR interest were best served. Now you have the audacity to demand an account of how it’s spent!
How naïve’ can the peasants be Harry? I don’t know Nancy!
Here’s a thought, STOP GIVING THE GOVERMENT MORE OF YOUR MONEY!
700 billion is a splash in the pond. The Federal Government has given away over 2 TRILLION to nationalize banks and won’t even tell you which banks or what collateral they have secured these loans with, and your worried about 700 billion. Now they are working on nationalizing Detroit and the big 3 automakers. This mess is going to cost 10 to 20 Trillion before it is said and done.
Everyone that voted to give socialists complete control of the Oval, Senate, and House are going to get your change. If you’re lucky, you might even have some left when the end comes!

its all barney franks and chris dodds AND ACORNS fault – sure, give mortages to homeless people –great idea guys! now they are in charge!!!! Get a lifeboat to europe now before the us tumbles into abysss

I’m going to apply for some money so I can pay off all my debt. I wonder if I could get some. It is nominal compared to what AIG ceo’s spent on a weekend.

COME ON AMERICANS!!! ITS TIME TO STOP THIS BS AND TAKE OUR COUNTRY BACK!!! STOP PAYING TAXES AND STOP LISTENING TO THE THIEFS IN WASHINGTON!!

Marx Proposal Number Five seems to be the leading motivation for those backing the Wall Street bailout In his Communist
Manifesto, published in 1848, Karl Marx proposed 10 measures to be implemented after the proletariat takes power, with the
aim of centralizing all instruments of production in the hands of the state. Proposal Number Five was to bring about the
?centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly.?

RON PAUL / PALIN in 2012
give american back to americans

HAND OVER YOUR $$$$
WELCOME TO SOCIALISM
Pelosi and ESPECIALLY BARNEY FRANK AND CHRIS DODD AND OBAMA are responsible for this meltdown .
We will be in a depression in ONE YEAR
stock up on supplies and sell what you donot need NOW

I am buying me a nice pistol before Obama gets into office, and I now have a years food supply to last me and my family through the hardest times. I would do the same if I were ya’ll!!!!

Where were all of you, when the bashed Palin and McCain and now you have to sit there and take whatever comes your way. Majority rules, or not, look at California.

Hey people, if you didn’t understand that your money was being stolen from you then you weren’t paying attention. If, on the other hand, you DID understand that this bailout was an illegal and unConstitutional massive theft, why on earth are you surprised NOW that the thieves were lying about why they wanted it?
You who are surprised at the theft, you need to look into a mirror and repeat this: “They are thieves. They are NOT patriots, they do NOT love this country, they are NOT looking out for our best interest. They are not simply confused or confounded. They are thieves.”
Unless you understand that on a deep visceral level, you are deluding yourself. They are thieves. They are not now and will never be looking out for either you or our country. They are thieves.

Obama,
Save us. Feed us, lead us, and pay our bills. Tell us what to do. We are too stupid to know what is best for us. We elected you, remember?

PHONE YOUR SENATOR AND CONGRESS CRITTER AND DEMAND 1 MILLION DOLLARS FOR EACH FAMILY ALONG WITH WAGE AND PRICE FREEZES.
IT IS A CHEAPER FIX THAN BAILING OUT CORPORATE WHORES

We need to vote out these people that don’t seem to understand the damage that they are doing to this country. These big companies got into this mess, let them fail and maybe then they will figure out how to manage things the next go round. We do not need people running this country who do not care about fixing this the right way. There are plenty of people who are bright enought to turn this around the right way. They just don’t work in Washington.

Hello all, just heard that the Democrates are going to “investigate” the Bush administration. What a sick joke when half of the Democrates have been stealing money, taking kickbacks for favors and outright lying to the public, stopping all judgeship nominations, not allowing any worthwhile bills out of committee and not prosecuting Barny Frank, Chris Dodd and even Obama before he ran for president. Oh, and by the way, mr Obama would have not been allowed to into the military as he could never pass the background investigations that I had when I served our country with honor and my brothers and sons have.
Lawrence

Better idea!
Give 1 to 2 million dollars to every citizen of this country and let THEM stimulate the economy and pay off their debt and mortgages.
Freeze prices on retail goods to prevent inflation. Of course laws (rules) would have to be written to keep inflation in check, but it would help everyone from the poorest UP, instead the top of the food chain.
Doing this would cost LESS than ONE BILLION $’s !!!
There would still be 699 BILLION dollars left to help with after the ship started to float money to citizens.
What do you think of that?
Pass it in!

These idiot Democrats are going to spend us further into debt. Bush and the Republicans didn’t help matters when they spent like drunken liberals. Now the Obama/Pelosi/Reid cabal are going to worsen the situation. We need a real leader in Washington who will stop with the wasteful government spending and who will grow the economy. These 3 are NOT the answer.

Now is the time to push partisanship aside and hate all politicians equally.

why doesnt the govt just keep printing money and give it to everyone so we are all rich. countdown to 1/20/09, thats when Obama pays my mortgage and pays for my gas. I quit my job in anticipation. he wont let my house foreclose and they are going to up unemployment benefits. Its about time you rich people start doing something for the rest of us.

I have made some bad financial decisions…. Can you bail me out?!
Just kidding – I thought the mature responsible thing was to cover pay your own debts…. but I guess the “big boys” didn’t learn that.

Folks its time to sharpen the pitchforks and light the torches. Run these loosers out of the country. Third party time!! Sad we had a chance on NOV 4 but we were political animals then. Now its time to defend our country from these bandits.

corporate welfare system

FREE PIZZA FOR EVERYONE! The government is picking up the tab. It won’t cost us citizens a dime, so let’s not get upset.

I think we should have a tax strike on the government. Everybody not pay your taxes ane see how the government handles it.
Tonk

The democrats created the problem, now the democrats will cover it up. The real criminals ar now financial advisors to the Messiah Obama. Welcome to the third world USA.
Soon China and the middle east will control our economy in way we cannot comprehend.

Do you really want to get back at the government?
When taxes are due this year file your regular return as normal.
Also, file 10 other bogus returns with fake information on them – just make up stuff. Fake name, SSN, address, income, the whole works.
If enough people do this, the government will be crippled and unable to process the taxes.
Do you think that might send a message?

That might be a better idea – yes let them show additional incompetence.

This entire mess can be tracked back to the Dems. Way back in the 80′s. It started with the Community Reinvestment Act (CRA).

EVERYONE, and I mean EVERYONE should fill out one of these applications, send it in, and BURY these nitwits under the same kind of BS that they have been shoveling on us that got us into this mess in the first place.

Posted by gb8898 “No one FORCED banks to lend to “risky” people.”
Oh…but my dear person…you are so wrong on that score….the highly publized ACORN..according to who to listened to during the campaign…picketed..intimidated and threatened banks to make loans to those people underqualified.
ACORN..is not affiliated with Republicans…however…it is affiliated with Democrats…AND…OBAMA

Here’s a wild idea….Take that 700+ billion and divide it by the population of adults in America. Then give us the money. Bang….mortgage paid…lights paid…car paid….money circulating…problem solved!

I can’t believe how stupid the ‘educated’ American public has became. First GWB requested the bailout, that’s all he can do. Congress, democrat controlled, must approve every penny of taxpayer funds spent. Basic grade school government lessons. They took a 4 page (GWB request) and turned it into a 400 page pig stye laden with pork. Now we have Hussein employing every high level ‘criminal’ from the organizations that stole the money (well over a trillion dollars) and ran. Do we still have to wonder where the millions in illegal campaign dollars Hussein collected came from? If the American people were to lynch every criminal democrat who deserves it we would have to import rope. Lining them up and shooting them through the head 3 at a time with a $0.02 22 cal bullet would still be a waste of money.

I can’t wait for the Grand Redistribution! I’m going to retire in Tahiti!

Seems to me that our ruling class of politicians has employed 2 techniques to rule and subjugate us to their will.
1. We are made to feel GUILTY. We are condemned for having lost our “innocence” by inventing consciousness and self determination.
We are condemned for assuming the responsibility to use our own mind!
We are condemned for exchanging our automatic bicameral life for a “volitional conscious life…condemned for exchanging our nature-given bicameral mind for a superior, man invented conscious mind.
2. Our parasitical politicians, educational bureaucrats, and political news media manufacture and create problems that do not exist then come up with the solution. This technique is old as dirt.
We, the People are then offered automatic solutions to their manufactured problems (whitch never existed) and guidance through life into an “effortless garden of Eden” or a Utopian hereafter “IF” we exchange our own invented consciousness for faith in their “External Authority” – A bi-cameral faith in some leader, doctrine or God. We are offered the “reward” of escaping the “self responsibility” to make our own decisions and to guide our own life.
But, for that “reward” we must renounce our own mind to follow someone else’s mind or higher authority! Or, from the holy one leading the pack who may or may not be aware that they also are being controlled by the forces of nature.
Transparency has to offer accountability. How can we have a democracy without accountability? And how can we have accountability with politicians who are dishonest?
History reveals that Altruist like Plato, Stalin, Hitler, Pol Pot, Mao, Castro, Chavez etc… Have waived their flag of what they must do for the “greater good”. Whenever we are told that we need to sacrifice, this becomes a warning. This should raise a “red flag” forewarning us of CONTROL! Millions of people died or were tortured for their quest for power and glory!
They buy into rationalizing that the “End justifies the “Means” sacrifice” the individual. They are users! Which means they do not respect us for who we are?
When I was in college, professors talked about the free exchange of ideas and what “ought to be”? Not “What Is”! Which, if they deny they end up accepting “What is not”!
Market business people however address what is. They are “value creators” by addressing the needs of society. They only profit from doing work that benefit their potential customers!
Respectfully,
George Maris

Its not all good.

We are finished. We have no property rights, no borders, language, or culture, and people are buying guns thinking that is going to help them when the government comes to take everything. I am glad I am old enough to remember when I did have rights, and now I can follow the example given in the Meditations by Marcus Arealius.

How can I receive TARP money?
I act as a bank, because I’m holding a $50,000 mortgage on property in Florida that has become basically worthless due to the oil spill and the economy.
The owners of the property have stopped paying me the $400 per month which was supposed to continue for 15 years, and I am having a loss.
Please advise.

i need help please help me