The Bailout: New Details, 5 Key Questions

No help for me

The whole "rescue" infuriates me. I have kept paying my mortgage through all this "economic" mess and and it isn't easy with four kids. I had to get a new job and take on hours that I didn't want to. My kids and family life have suffered due to the amount of hours that I work. Why should these companies be bailed out while the hard working middle class keeps their head above water only due to sacrifice and hard work. What do I get for all this? Because I work hard and pay my bills on time, I get to pay for all the people that chose to drive a new car rather than pay their mortgage. The "crisis" makes me sick.

of KY @ Sep 29, 2008 08:37:57 AM

bailout

bailout hell!!! the bastards aren't even in jail yet!!!

harold crescioni of LA @ Sep 29, 2008 03:51:07 AM

Throw them out!

In case you have not figured this out....the Republicans have been in office 7+ years. The credit crisis occurred on their watch. Who would be guilty if a ship ran aground? The crew? No, the captain and officers are guilty. That's the same as the Republicans who have given your money aware to Wall Street, big oil and God knows who else.

You are all crazy (and deserve what you get) if you do not toss those criminals out of office. Oh, by the way, cut off THEIR golden parachutes on the way out the door. Let's see how far they fall.

bob of NV @ Sep 28, 2008 21:38:07 PM

Bull

A real bailout plan would involve 3.0% mortgages to homeowners, with .5% of that going to mortgage brokers who write the deal, supported by government. This "bubble up" approach puts money in economy at bottom, avoiding paying the rich for their excesses on Wall Street. This would lead to real estate boom, construction boom, a million people going to work in those industries and would be supported by normal Americans--not the wealthy white collar criminals who walked off with over $500 billion in bonuses over the last 10 years. Of course, that type of program would only happen if the government actually cared about its people, not just the wealthy.

bob of NV @ Sep 28, 2008 21:30:30 PM

Financial bailout

Another reverse Robinhood scheme dreamed up by the Bush administration to bankrupt the federal government and the middle class. Wake up people this is a class war.

zippy of TX @ Sep 28, 2008 16:39:42 PM

We elected idiots

When Congress is told of the problem in 2001 and 2003 and 2004 by prominent members of its own and chooses to continue then we pay. The Bush administration did provide leadership and ran at the first battle with the Democratic leadership.

Pelosi, Reid, Dodd and Frank, the Democratic leadership, are active in their attempts to prove who is dumber. When the controlling body is so afraid of doing what's right rather than what's politically right, the Congress has earned its ratings.

Neither party has an excuse for paving the way for the country to become the largest of the 'third world.' It's not a good way to start a new century. Has the cycle spun past the United States?

R.Dean of PA @ Sep 28, 2008 10:38:14 AM

bailout?

i want to see the details ie:who gets the money? how it is doled out? do we have any collateral?

I think that this is a scam. I do not own a home- i rent. i am struggling to pay my own bills, and cannot stomach the idea of these fat cats who would not give me a home loan or a job whinig about their poor choices. i got enough trouble

of GA @ Sep 27, 2008 13:12:38 PM

Bailout Provisions

One of the sticking points is executive compensation. Why the heck should they get ANYTHING? They FAILED. They should be FIRED. The government would save MILLIONS on the bailout if they fired the head honchos. I can't believe these idiots are arguing about caps on their inflated-beyond-belief salary packages while I may lose my pension and my 401(k) has been tanking. They are criminals - if not by the letter of the law, then certainly by the spirit. They have not lived up to their fiduciary responsibilities and should be fired and then DEPORTED.

Big Red of TX @ Sep 26, 2008 13:16:04 PM