Posted By: fencerider rob on Wednesday, October 01, 2008
So those of us who have planned accordingly get punished for those who have lived the high life. I think not. No to the bailout. And you need to check your numbers before you print them, it was reported yesterday that the calls from constituents were 99 against and 1 for, even more lobsided for some reps. This entire scam is a scare tactic to sway the public into supporting this unusually huge corporate welfare spending bill. Anyway there was an economist and cpa on American Thinker that has said this could be as easy as repealing the mark to market rules and the cash infusion needed would be significantly smaller. http://www.americanthinker.com/2008/09/the_trilliondollar_question_ar.html This would definitely be better to try than the corporate welfare package our congress is trying to shove down our throats. We all should contact our senators and representatives and let them know their jobs are on the line with this one. This bailout is not guaranteed to work, it's guaranteed to lead us to a bigger fall when it fails.
Posted By: Jeremy on Thursday, October 02, 2008
How can I be angry at myself over the bailout? The only debt I have is a relatively small amount at student loans. My entire cashflow goes into my standard of living. I pay my taxes, I pay my bills, I don't have a mortgage or credit cards, and I'm actually able to save money. All this on not too much more than minimum wage. Tell me how, precisely, that I'm part of the problem again?
Posted By: The Chemist on Friday, October 03, 2008
Sorry Bonnie, no one's buying the Kool-Aid anymore.
Posted By: Good Life on Friday, October 03, 2008
So why wasn't the money targeted to small business loans instead of super business loans. Everyone talks about small business but every rule helps those that should need no help. What small business needs is a better lobby.
