The Bailout Plan: Anti-Small Business?

to d in CA

you can buy my home it is empty now. foreclosure. you would love it. I did. Now I am old, alone and penniless, with a small business that you can buy as well. your wish has come true. the value of my home is half what it should be so you can afford it now. you obviously are a simple minded jerk.

d scott of VA @ Oct 06, 2008 23:08:44 PM

bailout

Irresponsible? I am not an careless business person. I am 58, female and just last week moved from my home of 17 years due to foreclosure. I purchased a convenience store and deli 5 years ago and it has failed miserablly and now I may possibly loose it as well. I am homeless and sleeping in my store and struggling on a daily basis to keep the doors open for my community. I have worked every day for 40 years,and never missed paying the IRS and used my 401K as a downpayment on my store in a rural tourist community in Virgina. I am totally broke and unable to sell my business to pay off other debts. I agree that there are some folks that may have been irresponsible but I am NOT one of them. I was never late on any payment in my life until this year. EVER. I had to sell all my personal belonging and everything I was able to keep is in a 10 x 10 storage unit. You are obviously a simple minded jackass with no concept of how the rest of us are suffering. Recession? Bull crap.........DEPRESSION is what it is called and I have been feeling it for several years and am not surprised that the rest of the country is now experiencing it. My credit is ruined and there are no lending institutions that will even consider helping me now. So, maybe you can help me since you seem to have it all figured out.

d scott of VA @ Oct 06, 2008 22:53:04 PM

Fighting fire with fire

The bailout bill in either form is just a stupid attempt to fight fire with fire. We got into this "claimed" mess because people spent money they did not have and can't pay it back. Our government seems to think the only solution to this is to borrow 700 billion that it does not have and will not pay back either.

More highly educated people do not support the bill and do.

We are being ripped off again.

Dean of OR @ Oct 02, 2008 10:06:18 AM

economic crisis = what happens when lessons go unlearned

This so called crisis is impacting those who lived above their means, not able to afford a house but took advantage of subprime garbage loans. Most American are making their mortgages and paying off their loans is my understanding. Why should our taxpaying money bail out those who are irresponsible and chose to live above their means. I make decent money and have worked hard for the life i have today..i still rent and am trying to save up for a down payment. Why should my tax dollars go toward someone who took short cuts and engaged in this subprime mess? It's not fair and I am totally oppoosed to goverment bailout. The govt (Fredi mac) is the cause of the problem to begin with. let do away with these goverment regulations on the private housing economy and let's let the market take care of itself. The so called crisis is inevitable and its about time. Let those who made mistakes learn from them and I can't wait until homes are down to affordable prices again.

Dinoo Daewar of CA @ Oct 02, 2008 09:22:46 AM

Bailout is anti-American

This bailout is all about bailing out foreign US debt holders, so that they will continue to have an appetite to support our $2billion a day borrowing habit. That's right, without them we'd be in a non-leveraged society and unable to continue living beyond our means. The bailout won't fix anything, though. In fact, it's quite likely that it will make the entire credit crisis a protracted event. It could have destructive effects on the US dollar and of course it does absolutely nothing at all to help the small business community which is the economic backbone of the US.

MooTrades.com of VA @ Oct 02, 2008 08:01:47 AM