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UNCLE WILLIE
Guest
Check out this link. http://www.cnn.com/POLITICS/analysis/toons/2008/09/23/lang/index.html
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DMG
Guest
The Henry Paulson version of the 700 billion market bail out
Edit: BTW- I posted my comment before checking out the link. I listened to NPR news today and got the scoop on the latest. I sent letters to my reps right after the first vote asking them not to saddle the tax payer with junk while letting wall street walk off scott free, as the Paulson plan suggests.
I don't necessarily want full fledged socialism, but I don't want to get screwed by the oligarchy either. I want a return on my tax dollars like any other free market investor. Quite honestly if any plan was a true free market plan, I would let these companies fail if it didn't mean the little guy would end up with pneumonia while wall street got a cold.
Edit: BTW- I posted my comment before checking out the link. I listened to NPR news today and got the scoop on the latest. I sent letters to my reps right after the first vote asking them not to saddle the tax payer with junk while letting wall street walk off scott free, as the Paulson plan suggests.
I don't necessarily want full fledged socialism, but I don't want to get screwed by the oligarchy either. I want a return on my tax dollars like any other free market investor. Quite honestly if any plan was a true free market plan, I would let these companies fail if it didn't mean the little guy would end up with pneumonia while wall street got a cold.
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Todd B
Guest
Yaya, yes you are right it did happen yesterday and the dems are the ones who passed it.
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ARM
Guest
The IRS... Taxes in general are unconstitutional.
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Inspired
Guest
Private companies would have bought these "bad mortgages" (for pennies on the dollar) and attempted to collect on them anyway. The govt just put a bunch of artificial capital into the free market... we will all pay for it later!
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skateboard
Guest
Excellent and so very true. Sicko creeps and they are all in on the scam at the U.S. Congress and White House. Only Sarah Palin is an outsider, which is what we need.