Ron Paul: Don't Ask for a Bailout

Assets INCREASE in Value?

The politicians keep pitching this plan saying "when the market recovers" we will supposedly get our money back plus interest...Isn't this the same philosophy that got us into this mess...i.e. people signing up for ARMs gambling that the housing market would continue to climb? Has anyone mentioned that the $700 billion might not make a profit??? NO BAILOUT

JDP of CA @ Sep 29, 2008 23:11:14 PM

The Greatest Con Job/Larceny In History

Are China and Russia buying America with the Bailout really cheap? Think about where the 700 Billion is coming from.

The bill rewards the rich fat cats who caused the problem in the first place? Both political parties benefited equally money wise. They witnessed larceny occurring and turned a blind eye because they were both getting a really nice cut of the pie as long as they kept their mouths shut while the dirty deed was going on.

Now the have the unmitigated gall to asked us the taxpayers to bail them out to the tune of 10k per family. Really? First they bend the rules and when caught red handed right in the middle of the slop they caused. With the country they almost bankrupt that has its own problems. They want us to bail them out?

The issue should not be about a bailout but how many years in prison that all who participated and profited should get. Bail them out and it will give them licence to perpetuate their nefarious scheme another day. All with a wink and a nod from the highest power in the land. Gee guys that was pretty close we are just going to tone this down. The people are starting to get wise. Only in America!

Is The Attorney General on vacation? Sure bail them out, hire them the best legal council available and while were at it let's give them million dollar bonuses to help make up for all the embarrassment they are going through.

It must be pretty hard on these con people having to deal with all that egg dripping of their faces. Give me a break. God bless America we are going to need it. Is there any way we can talk Ron Paul into being President?

Nicholas Masterson of PA @ Sep 29, 2008 23:09:27 PM

D Ray of CO -- "the government allowed the banks to lend to we Americans who borrowed and spent irresponsibly." I disagree...the government FORCED the banks to make these loans. Any unregulated business worth their salt would NEVER have loaned people money knowing they weren't in a position to pay it back. Let the markets correct themselves. Also, why does Pelosi blame the Congressmen who are REPRESENTING our wishes???

JDP of CA @ Sep 29, 2008 22:58:52 PM

Let the billionaires bail themselves out

I agree with Ron Paul.

And I say let the billionaires and the multi-multi-millionaire CEO's get together and bail themselves out of the mess they got themselves into. It seems it would be to their benefit anyhow to do that. They could create a pot at one of their banks to collect a donation and/or they can make it an investment with reasonable interest. From what I see at the moment the government needs to stay out of this bailout.

Wayne of CO @ Sep 29, 2008 18:26:27 PM

Bailout Plan Fails....Hooray!! Now Go Jump Off a Building!

What happened to the good old days when the Stock Market would crash and the Bankers would jump out of a window? If the market once again crashes, so be it! How will we ever learn from our mistakes if we are never allowed to see them. How many bandaids can we put on a festering wound before the bleeding becomes too much to handle?

The CEO's of these failed corporations have two places to go as far as I'm concerned; to jail, or to become a splat on the sidewalk in front of the A.I.G. building!

It's time to look at the real source of our problems....the Federal Reserve!

Bob Vondruska of CA @ Sep 29, 2008 17:47:54 PM

NO BAILOUT!!!

Thank you!

"Thomas Jefferson said it best ...

"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

- Thomas Jefferson, Letter to the Secretary of the Treasury Albert Gallatin (1802) "

T of KY @ Sep 29, 2008 17:22:51 PM

I CANNOT BELIEVE IT WAS THAT CLOSE!

Won't everyone please get a friend to commit with you, and write someone in Congress regarding this bailout?

We had to BORROW money to hand out $600 a taxpayer, and never had to issue checks to those that already owed taxes.

Where's this money suppose to come from?

We won't own the real estate, the homeowner won't feel a thing. The people who will benefit are those already squeezing us to death! Come on you guys, SAY IT LOUD AND SAY IT SOON!!

NO~BAIL OUT

T of KY @ Sep 29, 2008 17:16:10 PM

ron paul great man`

work hard, dont borrow money. get educated, militarize, or move up in the company you are already at, dont borrow money. if you make more than you need you should give alittle back to charities of your choice but not be forced to. speak up against borrowing money, speak up against the government or other people forceably taking your money. help each other out whenever you get the chance but make sure that the help you are giving isnt in the end going to be negative. example giving a homeless man money vs. buying him a hot meal. DONT BORROW MONEY! this whole sitituation is caused by people spending more than what they earn and other people making bank and hoarding it because of people doing that. people you dont need to buy a new fancy car with money you dont have. you dont need to buy furniture with money you dont have. you dont need to get a house that is way bigger than what you just need. you dont need to have extra fancy clothes or cable tv or extra loans out on boats, atv's, snowmobiles, go out to fancy dinners on your credit card. this crisis is the combitation of everyone borrowing and not paying it back. we all have that friend who we borrowed to once but we will never do it again cause he doesnt pay us back. well to the average u.s. citizen YOU have been that jerk friend and its time to pay it back. not get bailed out so you never learn your lesson. if a depression comes we only have ourselves to blame.

andrew campbell of GA @ Sep 29, 2008 16:58:33 PM