They also call for lower CEO pay in bailout plan
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.
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
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.
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.
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.
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.