You can put lipstick on a pig, and it's still a pig, Obama. Americans have rejected the bill, so how about you listen to we the people, and propose another plan instead of trying to convince us that a bailout for wall street and giving the people the crumbs is the solution?
@collegeswimx You have to bailout the financial instituions in order to save this economy from a depression. This is exactly what happened in the great depression, financial institutions went down, and we had a depression. Plus, the banks have to pay off the bailout with interest which has been paid up to 90% and America is making money on this bailout and the European bailout. Money well spent in my book. Also, the economy is now coming back because of the bailout.
Andydag904 1 month ago
All set folks, no worries. Keep watching t.v., drink coke, eat monsantos gmo foods, and burn your garden. Take out a loan, buy that brand new car, turn in your gold and silver for dollars, and watch the money roll in. The government has your back. You need not worry. The Fed is here to save you.
ps
If you believe any of that your retarded. The government has been controlled by greedy bankers since the inception of the FED in 1913. We are being set up to have a global currency. WAKE UP!!!
hsubllik 2 years ago
BOTH McCain and Obama voted 'yes' on the 800 billion dollar bailout. Why? take a look at who helped finance their campaigns...WALL STREET FRIMS!
follow the $. their is no change.
kuza01 3 years ago
does he actually believe what he says? get your money back??? WTF - DON'T BE FOOLED YOU WON'T SEE A DIME OF YOUR MONEY PEOPLE!!!!!!!!!!!!!! you have been warned
danalan666 3 years ago
mstange thats is the most retarted thing i ever heard 68% of the subprimes are sound that mean's people makeing there payment on time on property that is worth less then what they bout it for next this problem come's from bad regualtion started by greenspain (dervedens) but at the same time he put money in2 the treasry then Bernaki/Polsin sold them off to banks who did god knows what with (investment banks) takeing all the real money the us treasry had now there try'n to cover it up
waposworld 3 years ago
obama sounds dumb here. he knows nothing about sound economics. its not about an economic philosophy that is wrong. the bailout package is a sucker's payoff and not pareto optimal. the us congress should be commended for rejecting the bailout plan. inflation is inevitable whether you pass this bill or not. but if you pass this bill, inflation will be higher and worse. It will be worse because the us will have more debts and that means paying more taxes.
xpressivist 3 years ago
While you folks are complaining about Wallstreet, remember this. It was the greed of the public that got us in trouble too. Too many people investing money in the housing market, hoping to turn a quick buck. That over inflated the values and the market went bust. People were buying homes hoping to sell them for a profit before the first payment came due! The greed in this country can be spread evenly from the top to the bottom. In the future, if you can make the payments don't take out the loan!
mmustangg2 3 years ago
dolla130shine 3 years ago
No, no, no you fucking socialist! We're supposed to have a free market! Besides, this stupid bill is going to inflate our currency, maybe even destroy the dollar; and still, it's going to allow bad businesses to remain in existence. We need to allow evolution of commerce. Also, this whole mess was caused by the gov't inflating our money, and so causing the housing bubble. This is a fact of life: gov't fucks everything up. So don't give it any power. Fuck! have you all forgot the Constitution!
breen234 3 years ago
Yes, the bill isn't great, but its still needed, companies need funds to keep operating, the loss of this deal will likely cause many companies to have to start laying off people or even shutting down
AvinashTyagi 3 years ago