DislikedBush just addressed to the nation. Said "US economy is in trouble".
Thanks for the heads up, Mr. Bush.Ignored
McGrew MACD & Other discussions 23 replies
DislikedCould this be one of the reason's Paulson wants complete control of situation with no oversite?
I wonder how many other skeletons are lurking in the Wall Street closets???? It's almost HolloweenIgnored
DislikedWall Street bailout plan: 10 reasons to just say no
By J. BOYD PAGEIgnored
DislikedWhat would a progressive "gringo" say to the $700 billions bailout? Let me get this straight...we can't afford social security, Medicare, Medicaid, improvements to our infrastructure. We can afford a war in Iraq/Afghanistan. We can afford to turn Wall Street Executives who ruined our financial system into Welfare Queens. Here are my preconditions as a taxpayer. 1. Require the Hedge Funds to put down 20% of the total bill. They have the money. If they need more they can sell a few mansions in Greenwich and a couple of yachts. 2. Strict oversight of every penny spent. A federal takeover is the best way to do this. 3. NO multimillion packages for these highway robbers. They should be made to feel like newly minted Welfare Queens. Give them say $100K for all their good work. I have taken pay cuts so has everyone else I know. 4. I want to be a stockholder like Warren Buffet. Return me something on my hard earned money. 5. Cancel their passports...I don't want them skipping the country to enjoy the money they have shipped overseas with no extradition treaties. 6. Make them live in a 2 bedroom house in like Levittown and buy a ford. If they need another job, let them look for it on Hotjobs and see what they can find.Ignored
DislikedYes, I agree with most of what you say here. However, lets light the torches and grab our pitchforks after we get this thing done, so that we, hopefully just skirt a DEPRESSION. We are going to have a prolonged Recession no matter what. I think we should try to contain the damage as much as possible.
To quote Youg Frankenstein, " An angry mob is an ugly thing, and it is high time we had one".Ignored
DislikedAs gloomy as this all sounds right now, I believe that conservative minded businessmen and govt officials understand the importance of getting this mess back on track. Having said that, I agree that CEO welfare recipients should have their passports taken and their personal finances handled just as if they were in personal bankruptcy.Ignored