Ron Paul: This Bailout Won't Be the Last

Back to blog

What the Banks are doing with the money

As you read this many of the banks are preparing to move their IT departments to India. It is funny how they are using taxpayer dollars to do this and nobody is speaking out at a time when we need more jobs to pay for their bailout. What is more striking is our finacial security will now be in the hands of a government that is likely to change hands and may not honor security agreements i.e. our bank accounts.

joe of OH @ Mar 17, 2009 18:17:06 PM

Great questions, and awesome answers as he usually gives, at least on the economy. It really is a damn shame he was so overlooked. I'm a liberal but it should be him, he's the only one who has a finger on the pulse of this situation.

of MA @ Oct 04, 2008 17:27:28 PM

bailout

life time democart, NO MORE.. third party voter NADER, RON PAUL, anyone but a repubocrat!!!!!

of OH @ Oct 04, 2008 12:51:14 PM

Crooks

A big bad bunch

Richard Dietrich of OH @ Oct 04, 2008 10:37:37 AM

When I hear what the other canidates want to do to fix our ecconomic mess, all that comes to mind is how shallow their knowlege is in the matter.

Than I hear Ron Paul's honest opinion.

What is coming down the road will

require someone with the ability and know how to do what needs to be done.

Ron is the only one qualified to do just that.

WRITE IN RON.

Glenn

Glenn Flatoff of @ Oct 03, 2008 06:56:10 AM

Ron Paul the statesman

McCain was selected to lose. Obama will show his true colors after his 4 years of peace. Get ready.

Scott of TX @ Oct 02, 2008 17:12:57 PM

bailout

The bailout bill, as past so far, will not work and MainStreet will get screw ed in the end. This bailout is to help the banks NOT Americans. The banks are holding us hostage! The bankers knew exactly what they were doing when they lent all that money to people/businesses that didn't qualify and couldn't pay it back. This whole crisis is "made up" so the banks/bankers can keep all the profits they made over the past 3 years and let the Gov't cleanup/buy the bad loans. It's all "made up" like a bad movie. It's just too bad the media is playing into it and not reporting the truth but instead only reporting what the gov't is telling them to report.

D.LaB of NY @ Oct 02, 2008 16:09:02 PM

bailout BS

The bailout bill, as past so far, will not work and MainStreet will get screwed in the end. This bailout is to help the banks NOT Americans. The banks are holding us hostage! The bankers knew exactly what they were doing when they lent all that money to people/businesses that didn't qualify and couldn't pay it back. This whole crisis is "made up" so the banks/bankers can keep all the profits they made over the past 3 years and let the Gov't cleanup/buy the bad loans. It's all "made up" like a bad movie. It's just too bad the media is playing into it and not reporting the truth but instead only reporting what the gov't is telling them to report.

D.LaB of NY @ Oct 02, 2008 16:07:02 PM

Were is the Money?

What happened to all the profits made by all these companies? You mean to tell me they have no money. Have them take all the money they made and fix there own wrong doing. How come we as tax paying americans have to pay for something they created. I say let it crash, the people that took advantage of the system should pay. But no, we tax payers always seem to take the hit when there is a problem. Typical for modern day america.

Sergio of CA @ Oct 02, 2008 12:41:46 PM

There bailing out the wrong people

In stead of bailing out the already filthy rich,greedy,bankers,realitors,&politician the government should be bailing out the mortgage holders of America. This bail out by the time its all said and done will cost us in the trillions. I believe we should let thous big company fail most of the people running them are wealthy anyway an probably wouldn't be effected. An the people who work for them will get there mortgages payed off to.I heard that they could pay every tax payer in America 300,000.00 it would equal the bail out.If they would pay off our mortgages this could be the jump start this country needs. I know we would go out and buy 2 new cars that get 30 or better or look at a electric car, I think a lot of people would. If you buy more cars you might crate more jobs, thous people might go out to eat or go buy furniture for there house they can now keep.Plus the people would bail out the auto industry by buying cars, maybe help control fuel cost by buying electric. Just a thought,Thanx Ron

R Brown of MI @ Sep 30, 2008 17:20:46 PM

Back to blog

Add Your Thoughts
About You
The Home Front

The Home Front

Associate Editor Luke Mullins tracks the treacherous housing market and explains how to unload a five-bedroom McMansion or even find that dream home.

advertisement

advertisement

Subscribe

U.S. News Digital Weekly

A weekly insider's guide to politics and policy — in a multimedia, digital format. 52 issues for $19.95!

U.S. News & World Report

6 months of U.S. News & World Report's print edition for only $15. Save up to 67% off the cover price!