Economic Bailout Plan: Who Profits?

[isgoanrain]

There you go Wallstreet, you got your money. Oh look, it keeps slipping, looks like it worked well.

What the fuck do you think that they can do with this money? You know who should pay for it. Not one penny from American tax dollars, 100% funding from the Oil Companies. The amount of dedication that these buisness' had to oil is what led to this, not that alone, but a LARGE portion.

As Mahar said it, "can we legalize pot now?"

[russjacobs]

oh please! how about checking your facts

[Los8994]

X car salesaman. Yea sure. You Bullsh_ ter.Were not that dum we have heard these promises before.

[SoonToBeProbie]

Ben Stein said it best today. "Why not build from the ground up? instead of the top down. Give the money to the people who need it, they will pay off the high ass mortgage, order restored"

[chris7777777777777]

I like that Idea. thats brilliant.

[ragincaucasian319]

Poor and middle class people are there as a result of their own actions and way of thinking.

Giving the poor and middle class more handouts will temporarily raise the economy because theyll blow it on new toys or put it in the bank.

Giving the money to business will create neccessary capital to employ more people and expand their business.

That being said, government doesnt need to do anything but lower taxes and make it profitable to do business in America again. Just get out of the way!

[chris7777777777777]

Economic Bailout Plan: Who Profits?

I'll tell you who profits, the federal Reserve.

[SoonToBeProbie]

To a point, until the institutions pay them back. Then its back to normal. Bank of Fees capitalizing on poor people

[cat00012000]

I love how conservatives can never take the blame for anything. Just once I wish they could stand up and say, "We blew it. We took the whole thing too far, and it fell in our face." Just once be a man. But lying is how they get elected. First it was Lee Atwater. Then it was Karl Rove. Look how Reagan cut taxes, increased defense spending, ran up the deficit and called for a balanced budget. Look how Fox news calls itself fair and balanced. Give me a break.

[chris7777777777777]

Bull crap.

[cat00012000]

I appreciate your intellectual response

[chris7777777777777]

Haha, wow, I did boutched that up, lol. The republicans are the ones who are keeping this "bail out" from passing, for good reason. If it passes this country if screwed.

[chris7777777777777]

It the republicans, at least most of them, the ones keeping this Bail out garbage from passing. If this passes, it is just going to give the government an opportunity to go socialist on us. Republican and Democrats are about to screw us big time.

[ragincaucasian319]

I agree that this bailout is another step towards socialism but Democrats are the majority in Congress and theyre saying no as well. Granted, the Republicans are leading the way but Nancy Pelosi pissed off so many people that itll be awhile till anything gets accomplished.

[chris7777777777777]

I am glad that a lot of dems did stand up against this.

[neologics]

gov't printing more money on top of bad debts...just think about it.......exactly, economic collapse.

[3dbeing]

BS, once the money gets floated to wall street it's going overseas and will be out of circulation, Wall Street will cut and run no doubt...

[15deathblade]

Wrong.... only about 320billion annually go overseas. Out of the 1tillon dollar economy. And even if it did we would gain it equivalence in assets. Once it go over sea it not like is goes in to some black hole some were never to be seen again.. As for inflation we are already seeing sign of deflation so it will help to prevent that.

[15deathblade]

M2 as of aug stood at 7716.1 billion of that about 320 billion is missing or over seas. A small percentage of the money generated very year goes over sea.

[3dbeing]

15death, wrong, you base your numbers on cooked books, so unless you are the book cooker, you don't actually know what you are talking about, but it was good try at BS... you must be in financial speculation...

[gearzone2611]

what is mainstreet means?

[3dbeing]

Main Street is the average American, rather than Wall Street being the investors, bankers, and brokers.

[gearzone2611]

Thanks I now know!

[15deathblade]

Final :D some tell the truth about the 'bail out" technical is actually a buy up.