Demos want aid for homeowners

They also call for lower CEO pay in bailout plan

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  • What the!
    Sept. 22, 2008 4:10 p.m.

    The reason we're collectively in this situation threatening our whole economy is because these people got into mortgages they couldn't afford. And people want us to pay these people for being stupid enough to get themselvs into this situation?

    I don't have any debt (not by accident), but my savings and my retirement are in danger of going down the drain because of these spend-thrifts and the business predators who lured them into these mortgages, and YOU want the government to tax me to reward them for it?

    Classic liberal "Take it from those who planned and saved and lived within their means and send it to those who didn't" type of logic. I know I sound selfish, but I'm a people too you know. I watch these people be stupid and many try to warn them but they just step in it and then expect those who live responsibly to pay to prevent them from having to accept the reality of the risks they accepted and the consequences of ignoring those risks.

  • Tim Usher
    Sept. 22, 2008 1:12 p.m.

    Good comments...with exception of 'good for the democrats.' Sorry, but many key democrats in congress (Dodd, Frank, others) seem to be in deep culpability here. I do not excuse their republican counter-parts.
    The facts seem to be that those we trust to govern best have become the proverbial 'foxes in the hen house.'
    I suggest it is time to repeal the 17th amendment, returning to senators being appointed by State legislatures (as the Founders intended); this would at least help to make our senators more accountable to the State they are supposed to represent...and less vulnerable to the influence of the world finance interests.

  • cut the Lib's paychecks than
    Sept. 22, 2008 9:37 a.m.

    The Fed, working in league with the U.S. Government, rigs the U.S. markets. But don't think for a second that the Fed has some kind of monopoly on a situation where rapacity pervades honest reason. All markets are rigged. Central bankers, the world over, are primarily involved in fleecing the people. The fact that the Fed is the most powerful of the Central Bankers, and that they are primarily responsible for perfecting the insidious contrivance called inflation, has not kept the rest of Central Bankers of the world from entering into a game of "catch up". As far as they are concerned, there is only one motive, and that motive is economic world domination. Which Central Bankers will dominate will depend on which ones end up with the most. That's just the nature of absolute corruption. That is the reason that whole world is currently strapped with a fiat system. The ability to create money, out of thin air, provides for absolute economic power. Absolute power equals absolute corruption. By rigging the markets, through various forms of intervention, the central bankers have set up a scheme whereby the wealth of the world could be siphoned off at will.

  • Dave
    Sept. 22, 2008 8:00 a.m.

    Trillion dollar bailout? The Fed is going to buy securities at about 20 cents on the dollar. If a Dem was in the White house the media would be calling it the best investment the Gov. ever made.

  • Republicans plan
    Sept. 22, 2008 6:42 a.m.

    Bush Avenue should be the the new name of the street leading to the five million dollar home is Park city area. What about a landing area for the golden parachutes? Senator Bennett should resign and get his house on the avenue.

  • Good for the Democrats
    Sept. 22, 2008 5:25 a.m.

    They're (again) trying to look after the people of this country. If the taxpayers are going to be asked to put up so much money, it's imperative that the money go to those who really need it and who really are at risk. That DOES NOT include the heads of companies who make obscene bonuses each year while people suffer. The heads of the banks and mortgage institutions must not get even a penny of the taxpayer money spent for these mortgages.